Re: old mutual.. I wonder whats going on, you do not just buy 24000 shares, 6%, and then change your mind?
Re: old mutual.. retraction - off the radar??
old mutual.. bought 6% (indirect instruments so maybe Con.Bonds?) in a small 2 mln company...something appeared on its radar??
9 episodes for celeb squares? good start [link] as of tomorrow...I counted 9 episodes! this means min. 2.5 million quid Revenues?if 2nd run within 2015, that;s 5 million for this year!
still waiting to... hear, in next 4-6 weeks aboutterms with ITVNATPE sales 2 weeks agoHow the Slap will do next weekmaybe Penn&Teller USA terms???Breakeven for 2014 and outlook for 2015?Co is quiet so maybe they want to announce all these together by mid March? Big Bang!
Re: good start to 2015... Glad you didn't sell in August!!!
Re: good start to 2015... This is a turn around story now longtermBLVR, we have a following on ADVFN now.
Re: good start to 2015... NOT BAD! ...and still no word about the final terms with ITV, or the US sale of Penn & Teller (both in 2015 results).Whatever the 2014 results show (breakeven IMHO), the Market is already looking forward to the Profit in 2015, the growth in new production and existing catalogue (which add long term value to the Co).And don't forget the millions of losses that are worth 21% per annum on future profits (an annual asset by reducing the tax charge).
today WOW - we are on the move - now that's what I'm talking about !!Delicious .
Re: good start to 2015... NATPE coming up 22-25 Jan, less than 1400 quid per hour paid for new programmes that will yield substantially more in the coming months, so...NOT BAD!
Re: good start to 2015... and by mid-Febr, the Slap starts screening in the US so by mid-March we will know if it's a success or not.
good start to 2015... Happy New Year everybody...may 2015 be prosperous...soon the Co will announce terms for Cel. Squares and by March, trading update for 2014 (breakeven year!).So the next 2-3 months will be exciting in all respects...expect some uplift to the price.
Re: slow upwards move... Resructuring costs (and expenses in general) are not the main issue now s these have been cut to the bone. The Co needs revenues to rise...as these are at the bottom, ot would take just 3-4 major projects to turn the situation around...already 1 out of 50 has come to fruition...if the Co is due 2.2mln Quid for 7 episodes from ITV, how many USD millions will it receive for 13 episodes of Penn& Teller?Remember the US market is at least 5 times as big as the UK's and P&T was a top rated Show in the US. On 6-7 million Quid income from this show alone (realistic), profit would be at least 2 million...As Rights and Sequence will be profitable in 2015, this means maybe a profit of 3 million for 2015 (conservative IMHO)...on a P/E of 5 (anyone's guess), a mkt cap of 15 million...on 1.5 mliion shares (after May15 dilution), it equates to 10quid per share...for end of 2015Some may say this is wishful thinking...but in the past the Co had lost control of expenses and did unprofitable projects...now the ship is run very tightly and the Mgt is slowly (but surely) turning things around...it has taken longer than we would want and being biased as I rightly am, I believe we can start to feel more optimistic...we have had many false dawns before...but hey...eventually the sun does rise!So there you have it people...my prediction of 10quid S/P in a year's time (after dilution)...maybe you will get better buying opportunities by May (with electons coming up etc) of course...who knows? DYOR
Re: slow upwards move... Break even will be very impressive if they can manage it after all the restructuring costs involved this year. That would signal a profitable year in 2015 without incurring those costs. If the company can win more 'game changing' commissions in the coming months I think it will start hitting a few more radars.
Re: slow upwards move... We will know around March...when year end trading statement is released...I reckon Co will at least break even for whole 2014...good basis for 2015 profitability...USD should also strengthen V GBP.