Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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enterprise2012@aol.com Thanks
the new broker has put out a 47 page report. if you want it, post up an email address
To Sell 40k=12.1p ... To Buy 40k=12.5p
Didn't know that. Thanks for the info.
http://articles.timesofindia.indiatimes.com/2013-07-12/hyderabad/40535716_1_gaming-industry-animation-ailing-industry * SonnyB, new posters are often not allowed to post links ... not sure why ... hopefully this will work
They changed the currency reporting from Dollars to Indian Rupee because most of their expenses are in Indian Rupees, so switching makes sense, but I'm sure the exchange rate you mentioned was also a key factor to switch currency reporting. From now on it's just Indian Rupees we will be looking at and for a foreign investor it can be a pain in the ass to work stuff back to USD or GBP. BTW: DQ Entertainment needs to update their major shareholders list because it still shows the 35M shares in issue.
Thanks for your thoughts, haven't got much to add myself but holding for a recovery. The Indian exchange rate is crucial here I know and it's down about 10% against the dollar in the last 9 weeks - that won't help will it?
Yes, I agree that their IP/portfolio has some great names in it. The partners they close deals with are some of the biggest names in the industry, so not worried about that at all. Pushing back the Jungle Book movie to 2015 imo is a very good move and I think they did this to solve short term cash flow problems which should have a positive impact and prevent another rights issue to raise cash. As for recovery, I think we will see 30/40p within 12 months, still a long way from the 100p+ levels we were looking at a couple of years ago...
Thanks for link to article - found it, as you said, from your username. This company has survived and really does seem to have some big films/characters in it's portfolio. I like everyone else in this share am massively down. Do you see much in the next year for recovery? At least the last 10 days or so seem to be stabilising the sp.
For some strange reason you can find the links by clicking on my username. Very weird that the links do show up there but not on the general board?
Unable to post link, keeps getting removed for some reason.
This article is from 3 days ago. Maybe this Is another reason the share price hit 5 year lows besides the receivables issue. Not animated enough There are 20 big and 250-300 smaller players in the animation industry in AP. But 35-40% of studios call it quits every year with quality work being lost to China, Malaysia and Indonesia. Problems faced by the industry * Capital intensive: High production costs, thanks to expensive software and equipment, high VAT and service taxes * Power woes: Unhindered power supply difficult due to state's power crunch * Lack of talent: Youths don't see the gaming and animation industry as a viable career option * Govt not GAME for it: The government's Gaming, Animation, Media and Entertainment (GAME) policy has been in the proposal stage for long http://articles.timesofindia.indiatimes.com/2013-07-12/hyderabad/40535716_1_gaming-industry-animation-ailing-industry
VYP is a fictitious entity that was used as the basis for a case study / exam sat by CIMA students in November 2010. * http://www.cimaglobal.com/Documents/Student%20docs/2010%20syllabus%20docs/T4/T4_preseen_SepNov_10.pdf * My summary is below. * VYP is an independant TV production company which makes documentaries, drama series, scripted comedy and general entertainment programmes. VYP generates business by submitting ideas for a good programme to particular “broadcasting companies” ... if they like the idea they will say “may be”. VYP will then submit a detailed budget to the broadcast company for further consideration. The broadcasting company (eg BBC) is most interested in seeing whether the total cost meets their “cost per hour” criteria. For example a series of 12 one hour documentaries costing £1.2 million would meet cph criteria of £100k... generally VYP is allowed to build in a 10% operating margin ... if the broadcaster likes the price they will say “probably”. Once full agreement on content and costs have been agreed, contracts will be signed. Shortly after this the broadcaster will pay up in full and VYP will START making the programmes. The above process takes 6-12 weeks usually, and producing a series of programmes often takes over a year to do. Currently there is a developing trend for broadcasters to delay funding for commissioned programmes; this is putting cash flow pressure on VYP and similar companies
To Buy 40,000 shares = 13p ... To Sell 10k or 40k = "No firm electronic quote available" ... Rattling the bars!
thanks, i hope it works out too. Their Jungle Book DVD is selling well in the US and the merchandising/games/social media stuff is being pushed along. The Burger king marketing/merchandising kicks off this month and rolls out worldwide. it should generate another round of interest. then the the second series of JB cannot be too far away. company seems to be ticking along OK. big news is film funding and distribution. good quality partner with access to US cinema chains absolutely key. and in the future there is Peter pan and lassie IP to be exploited crossed fingers
Good luck with your investment here. You may well have timed it perfectly. May come back myself if the communication improves.
I don't think they calibrate quite so simply. when they launched on the indian stock market a few years ago, they raised some money and the shares were only listed in india..UK investors did not get a look in. receivables are my only worry, though i have been assured that non of the receivables are bad debts, their clients are good quality. i think there is a serious mis understanding between Indian management and British investors; A cultural clash and communications black hole. there is a new broker so presumably they will be at pains to explain the company to clients before too long
Not sure how this calibrates but the price per share on the Indian stock exchange equates to 8.5p. Was in here for 7 or 8 months, but gave up in the end. Still take a look from time to time. On paper it should be a good investment. but their lack of tackling the receivables issue and lack info/transparency full stop concerned me. Also i sent an email to their investor relations and received nothing back. Think Riddler, SFU and Wanton have all been here in the past too.
Could be someone took fright at the Rupee sliding recently (92 INR = 1GBP, yesterday) ... not sure such things matter at this price?
I can sell 100k at 12.3p…..but i can only buy a few hundred pounds worth at 13p. seller gone? Indian listing has gone up 40% in two days whilst in UK we have dropped. an Indian based company suggests they know something we don't
12p now to sell, my friend...view from naughty step still cloudy
To Buy 10k=14.05p , To Sell 10k=13.51p
This looks like big news. Sun-Mate says "we expect this to become the best kid's brand ever".... http://www.prnewswire.com/news-releases/sun-mate-corp-has-jungle-book-toys-swinging-into-retail-around-the-world-211960731.html "Sun-Mate Corp has Jungle Book Toys Swinging Into Retail Around the World LAS VEGAS, June 18, 2013 /PRNewswire/ -- The Jungle Book toys launch globally SMC Entertainment Group, Inc. (SMC), leading North American licensing agent and rights owner for "The Jungle Book" for North America, and Sun-Mate Corporation, the global toy manufacturer along with DQ Entertainment International, the global entertainment production and distribution company - producer and global rights owner of "The Jungle Book" new 3D CGI animated TV series are pleased to announce the global launch a full line of The Jungle Book toys in key global territories. The Jungle Book toy line includes: action figures, play sets, walkie talkies, outdoor adventure, electronic toys, and summer toys. (Logo: hxxp://photos.prnewswire.com/prnh/20130328/606736 ) For toys based on the world-renowned The Jungle Book property, Sun-Mate has secured international toy distribution agreements with best-in-class partners that include: Hunter Leisure, Australia; Flash Toys in Latin America; Haka, New Zealand; Prima Toys in South Africa; MC Entertainment for Benelux; Scanditoys in Scandinavia; and Hububa Clip in Israel. In the Middle East, a direct-to-retail (DTR) toy program is happening at Toys"R"Us with end cap display, TV monitor support, promotions and giveaways across all stores. In Australia, The Jungle Book toys will be carried at Toys"R"Us, Target, and Toy World. In South Africa, The Jungle Book toys will be carried at Toys"R"Us, Shop Rite, and all other key retailers. In Israel, The Jungle Book toys will be carried at Toys"R"Us and retail partners in the specialty and drug store trade channels. Finally, key retailers in Scandinavia will be carrying The Jungle Book toys, too. "We are thrilled to launch the great toy line for The Jungle Book with these exceptional international partners who are as committed to 'The Jungle Book' brand as we are. Each of our distributors will launch a local TV advertising campaign, making this program a TV driven property. With the show running in 165 countries, we expect this to become the best kid's brand ever, particularly in the territories where we launch the toy line," said Rami Ben-Moshe, President, Sun-Mate Corporation. "The Jungle Book is a 10 year project for Sun-Mate Corporation and this is our first step in a major long journey." In the United States, the first-ever The Jungle Book toys are launching at e-commerce retailers this summer. Leaping out of the pages of the Rudyard Kipling classic, the assortment will be available at Amazon.com, Walmart.com, ToysRUs.com, BabiesRUs.com, Target.com, Sears.com, Kmar