Member Info for slimey

NA24/Propaganda24 previously written that the local newspaper company Edda Media is on track to get Norwegian owners. Several media companies are considering to bid. Edda is currently owned by the hard-hit British media company Mecom, headed by David Montgomery. Mecom is struggling hard with a lot of debt and a sale of Norwegian business will improve the situation of the company's owners. High price The problem for the Norwegian stakeholders is that David Montgomery has promised a high price for the Norwegian business to their respective owners. While one of the suitors, Polaris Media is willing to provide about 1.5 billion for the Edda, is Mongomerys price estimates over the double. - It has been the speculation for a while. It is not appropriate for me to comment on this specifically, "said CEO Per Axel Koch in Polaris Media to NA24/Propaganda24 when we asked if the bid for Edda Media19. October. After the NA24 understand is pricing the British owners of the company to mid-market Edda 3 and 3.5 billion. There is however no Norwegian actors who are willing to give. - Including One of the players who follow the situation around Edda Media, is A-press. Executive Vice President Thor Gjermund Eriksson will not comment on whether the A press has made a bid for Edda. - We are awake and follow this closely. We will actively take part in the structural changes we see in the Norwegian media market, he says to NA24. The Norwegian media market is changing, after the financial crisis hit the industry hard. In addition to this there is a structural change in the business because of the impact of the Internet. The sum of this has led to a restructuring of the media industry, where the experts are expecting more mergers Press spokesperson Ellie Willhelmson in Mecom were not available for comment.

this is what we have been waiting for is others to throw their hat in......come on kets start the bid and get this sucker off the floor!

could be a transfer, still not convinced, might be a good half hour of fun but wouldnt stay in over night! dont know too much about them but property isnt a good place to be i got out of SAM and TW so keeping clear of property until March 2011

from as you stated:,if sp gets to 9 ill do a moonlight ..............to BUY BUY BUY......i know what that is in my book! looks like a dead cat to me, but good luck to you if you are in still as i read a lto of posts look like a lot are want ing to get out not in, i think i will pass

yes it feels like longer, how time flies....not one of my golden momments but got almost 60% of my worth in here! i have my largest stake at 2.22 & 2.25, then other pre ri at 3.40, 3.56, 4.50 & 4.92 (not as high as you) and bought and sold on the way , i still feel peeeeed of with MEC feel like they owe me for the pain!

so tempted to sell as i now have a chunk negative to match my chunks i bought pre ri which are negative grrrr but im not because i tend to agree with you

down again more life in a tramps vest

i dont think ive seen the mms play it like this they are being brutal even though every buy comes in its batted back by the mms pushing it down further! what gives

look at this trading pattern for the past weeks, its all very odd and whiffs a lot, the MMs have been pretty brutal and are shaking this everyday down to its boots and raising it for the next day, something is a cooking they must see and know the news its been a couple of weeks now im sure we need to know solid facts rather than rumour from europe, whats the boards decision on the approach as this sp is getting caned for no reason, other than filling orders, and the board stummering and stammering, this is unlike MEC usually they are quick to react and squash rumours. We need fact and give us a decision on the path of the company we need to see this sucker rise to £3

good ole MEC bet this will finish on open price!

and theyve scaped the barrel of the weak and needy, this needs to swiftly move to £3 to keep up the rumour mill!

rweigan operations providing about 20% of overall EBITDA. Company valuation at present about 660m Eur (debt and equity), which would on a EBITDA contribution basis value the Norweigan business at 132m Eur. 180-190m Eur gives a 30% updside (or Eur 220m on the overall business if extrapolated), indicating a 880m Eur Mecom break up value. Given that that additional value will be all equity, and with 110m shares in circulation, you could say that equates to a £2 premium on the current SP. = £4.45 Having said that, its one of the better businesses in the stable and probably worth a premium, but still points towards good break up value. --------------------------------------------------------------------------------

i fookin hope so every penny drop is £120 off my bottom line,! and im not happy today at all but check out my TSTR

Thats all very interesting , makes you wonder things like this are cooking seems a lot of money to me for a offer, but if that is the going rate, i wonder if we will start hearing stuff now, this sp has taken a hammering and needs to stop the drift still hovering over the sell, but really hoping some news comes out to say Mecom is getting broken up then woooooshhhhh! £5 here we come

calm down, breathe or else you will cause yourself an injury!

so whats it mean and how will it affect the sp

now that would be nce they still dont know what to do with ALO ...LOL

i bet you dont hold these though LOL stay away its been a dog of a share but got too much to sell up i want £3

The mms have got this set nicely to not mak amarket they will play it around at 41-44 then 44-50 the spread is opened horribly this is gonna have to take some serious buying preasure to move this IMO, .5 by friday i cant see it but hold in hope for breaking this horrible tranche we are in

BHR, VRP, ALO, TSTR but as always DYOR,,,, lots of things about to happen as always wait and see might be good might not its up to you