Member Info for smudgedan

Could have been a sell as Can sell 50k plus shares at 4.26. Given the sells last week which left quite an overhang there has to be a large background buy IMV

Yes, off the books and received a nominal amount for it to boot. Even 10 mill for the decent mine would suffice!!

I think it all comes back to debt collection and accounting procedures going forward. If they sort this out they will be able to service the bonds. If they don't and carry on the way have done then there will be a problem.

Thanks, yes I bought in to ZAM on the day of the announcement of the possible Zamita transaction, but then sold out as it drifted. My understanding is that the sale has pretty much cleared their debts. Is that correct? Will take a closer look at SNCL.

For my sins it is WSG, enough to try the patience of a saint! I hold about 20 companies in total and WSG is by far the worst performer and also one of only two I hold with a market cap greater than £5m. Much prefer the tiddlers in the current climate, although as you know there is an awful lot of dross out there, more so at sub £5m mc level.

Make that 3rd largest. Forgot about SEV. How could I forget about them!

Good to have you on board. It looks like a few others have bought in today. I think the only thing holding this back other than a seller(s) is the earnings visibility and with no trading updates to go on and the sometimes lumpy nature of the revenue, I think there are probably quite a few on the sidelines waiting to jump in if the profitability is maintained. The problem with that strategy is that with not many shares in issue it will move quickly. Personally, I would rather be in than out and this is now my second largest holding.

Not me. Good to see a bit of activity today though.

Good point, Thanks for advising about the update. Lets hope there is some tangible movement. Disco - again, good points made to them that us PI's are all on the same page about. I think that the fact they are now hearing it from multiple sources can't be a bad thing. Lets see what they come back with.

of a delayed sell has come to fruition, in fact two of them at 1,000,000 each! Wonder if that will trigger a holdings RNS

trying to use their kindly provided dealing service! I wonder what the spread will be like on that!

Thanks for posting. I really think that they need to get a third party agency involved to hound the debtors. Under Rashida's stewardship they have managed to build up £39 million of receivables which at last count is edging towards 20 times the market cap. Anyway at least they are collecting "some of the old ones". "Some" could equal the current MC!

Sized trades today. Down on net buys. Move along please. Nothing to see here....... Or is there?

Nice holding. If this does come good you will be laughing. (Can you ask for a seat on the board with specific responsibility for credit control?) I think I won't be far behind you at the rate I have been accumulating over the past couple of weeks. I think good old Rashida needs to hear from as many PI's as possible that regular market updates regarding the status of the collection of receivables is crucial in achieving shareholder value and the company being taken seriously as an investable business. I would like to see monthly updates by way of RNS detailing collection activities for the preceding month in a granular detail as they can give. Secondly, at the next set of result or before if possible I would like them to make a decision regarding the legacy receivables, writing them off if necessary in order to focus on those they stand a chance of collecting. What isn't sufficient is wheeling out the same old line about 'taking the receivable issue very seriously' and 'have agreed a plan with our debtors for payment'. The market quite rightly doesn't buy this so if progress is being made it needs to shouted from the rooftops from Mumbai to Mauritius!

Looking at the trades. There is probably some overhang from the two large sells a couple of weeks ago, plus always the possibility of a delayed sell to pop up later. But nice buying volume today in any case.

Computer must be broken.

Here you go: rashida@dqentertainment.com

somebody is keen with a £4,250 buy!! Wasn't me this time!

Morning, yes, i have taken a few more on the drop. Maybe a large background sell has caused this.

Evening, as tempting as a small punt would be in the 5p region, I fear that this will be suspended before it gets to that level.