Member Info for lemmink

To Sell 40k=12.1p ... To Buy 40k=12.5p

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

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

Well done (if what you say is true) for securing 122 - 390 million shares for the action group. ... its an impressive sounding achievement ... But it all looks a bit pointless to me, since equity seems to be in no position to do anything other than beg for mercy IMO. ... I would rather cut & run for a small profit, but happy to get out the begging bowl otherwise! ... GL

To Buy 40,000 shares = 13p ... To Sell 10k or 40k = "No firm electronic quote available" ... Rattling the bars!

Thanks luv ;o)

Bought 500,000 @ .33p ... umm ... oh well!

Could be someone took fright at the Rupee sliding recently (92 INR = 1GBP, yesterday) ... not sure such things matter at this price?

To Buy 10k=14.05p , To Sell 10k=13.51p

Sell 10k=15.475p Buy 10k=16.5p

Lol ... could be almost a "hold"? ... How long should Tapaas be made to sit on the naughty step for?

Bought 10,000 @ 13.575p holding 40,000 (Av = 16.6p ish) ... run out of money, just being greedy ... still feel pretty clueless but P/E ratio looks really low! ... "Very weak buy"

From the income statement, profit attributable to owners is 296 million INR, with an exchange rate of 1 GBP = 86 INR, earnings is £3.44 million. * with 56.2 million shares, EPS = 6.1p ... which suggests to me that this company appears to be maintaining a consistent level of profitability, but I still find it difficult to believe and I don't understand DQE's situation.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11599209 *** Pretty horrid & confusing IMO, but EPS still pretty high (INR 296 million), however it is dwarfed by certain figures from the cash flow statement ... such as Depreciation & Amortisation of 526 million INR, increase in receivavles of 764 million INR, acquisition costs of 1183 million INR ... and it seems to be churning through bank loans and increasing its overdraft. *** A bounce would be nice! ... but it probably deserves to stay in the dog house!!

Bought 20,000 at 13.88p holding 30,000 (Av = 17.6p ish).

To Buy ... 80k=19.2p , 50k=18.1p , 25k=17.1p 10k=16.5p * To Sell ... 80k=15.1p , 50k,25k & 10k=15.4p ... and to Sell 375k=12.1p (all prices to 1dp)

To buy 10,000 =16.535p . To sell 10,000 = 15.4625p

I sold those few before reading the 21 May holdings RNS, which from reported trades, suggests Radmat recently paid close to 18p each for circa 60,000 shares. On reflection I'm not sure it was the right thing to do, but somebody else has been selling in small amounts too! ... comedy of errors! .. GL

Sold 25,000 @ 16p holding 375,000

Extracts ... "pleased to announce" ... 20p placing ... "delighted" ... "successful fundraising" * My comments ... "Awfull" ... "distressing" ... "This placing is a form of business failure" * 20.297 million shares were placed at 20p gross (18.23p net) * Reason for placing ... replacing working capital that had been mis-spent on long term capex previously! * Post placing, I think circa 56 million shares exist and I am guessing underlying EPS is running at 1.8p vs 1.7p last year and that debt per share is circa 25p and NAV is circa 76p ... pretty spurious guesswork ... could have got it very wrong? * Additional Comment ... Despite not being heavily exposed to this share, it was quite some time before I could stand the thought of considering the effects of the placing more carefully ... Getting caught on the wrong side of a placing is horrible!