ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MSQ Media Square

0.80
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Media Square LSE:MSQ London Ordinary Share GB00B3BPTV88 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.80 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.80 GBX

Media Square (MSQ) Latest News

Real-Time news about Media Square (London Stock Exchange): 0 recent articles

Media Square (MSQ) Discussions and Chat

Media Square Forums and Chat

Date Time Title Posts
09/12/201112:252006 - The Year of IMPACT944
04/4/200711:38Media Square - one to watch?960
22/2/200509:3325% in 7 days possible ?16
24/7/200400:29MEDIA SQUARE-- RATED A STRONG BUY222
14/9/200008:14MEDIA SQUARE----NEW ISSUE-

Add a New Thread

Media Square (MSQ) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Media Square (MSQ) Top Chat Posts

Top Posts
Posted at 09/12/2011 12:25 by rolandbrown2
Peter Reid, the CEO of the new company added: "This is an extremely positive development for our staff, clients and suppliers. An employee-owned structure where the employees take the majority control and can share in the future success of the business is one that we believe will see our agencies realise their full potential."

Not great for shareholders though, is it Peter? Presume Roger Parry shares the same view. Shareholders in all of his other companies might do well to be wary.
Posted at 30/4/2011 10:08 by equitydealer007
There is a predator sniffing here and not one that i think will be good for the share price.......we shall see in the coming weeks how it pans out! but the debt situation here of 20million is not going to go away unless someone comes in here, thus i expect msq to probs get broken up further so as to reduce their debt!

whom is in the market now for acquisitions??? they are listed on the AIM!! dyor...gla
Posted at 23/2/2011 10:50 by julcester
In the meantime, I guess MSQ will be getting rental payments from whittle (if they are staying in the building).
Posted at 22/2/2011 22:26 by metaphysicalman
The property part is the true good news - even if Whittle don't exercise the option, MSQ should be able to sell the property to another party, and there's no reason why this should be for a materially different figure... so this means a total of £4m off the debt by, say, a year's time. Still a long way to go, but a reason for optimism.
Posted at 01/12/2010 11:30 by scott84
Is this the end then ?

Noticed it prop up the losers board late on and i can buy size
at 5.64p which is well under the mid price.

Either a seller wanting out at any price or the debt is finally
coming back to bite ?
Posted at 02/2/2010 10:19 by markie7
ok, time for a reality check here.

This group is loss making currently.

Debt is £15m (lets assume unchanged from interims - probably a generous assumption).

EBITDA looks like it will be zero.

lets set a debt / EBITDA target of 2*. This would be EBITDA of £7.5m. This would be a benchmark for any refinancing (which must be imminent, surely?)

Half year revenue was £24m. Lets say full year is £50m (generous?). They need to grow that revenue on flat costs by £7.5m. This is 15% like for like growth - VERY aggressive in the current climate. Most of the sector is experiencing flat income lines at best, and these are tired buinesses.

On top of that, they are selling two profitable (non-core) businesses - which will pay down some debt, but any purchaser will do the maths above to work out their negotiating position - so don't expect a windfall sale price.

The disposals obviously impacts on the maths, but we can't tell from here what the figures will look like.
Posted at 02/11/2009 12:06 by 21simthy
Fireworks to come ?

Requisition of General Meeting (Media Square)





TIDMMSQ

RNS Number : 7681B
Media Square PLC
02 November 2009

?
Media Square plc


Requisition of General Meeting




The Board announces that, on 30 October, it received a written requisition from
Hawk Investment Holdings Limited, a company owned by Bob Morton (the
"Requisition"), to convene a general meeting of the Company (the "GM").


Hawk Investment Holdings Limited, Seraffina Holdings Limited and Retro Grand
Limited as shareholders together holding more than five per cent. of the
Company's issued ordinary share capital, have requested that resolutions be put
to shareholders at the GM to remove Roger Parry as director of the Company, and
that Bob Morton, David Wright and Keith Springall be appointed directors of the
Company.


The Board will duly consider its position regarding the Requisition over the
coming days and will write to shareholders on this subject at the appropriate
time.
Posted at 01/11/2009 21:26 by 21simthy
So lots of people want big stakes in this company ?

From earlier this year



Takeover Panel investigating Media Square stake-building
The Takeover Panel is understood to be investigating the recent acquisition of a 13pc stake in Media Square by Yorkshire entrepreneur Anthony Gill, following concerns he could be acting in concert with another major shareholder.

By Amanda Andrews and Rowena Mason
Published: 8:52PM BST 27 Apr 2009

Sources told The Daily Telegraph that the Panel had been notified that an Anthony Gill also has a 10pc stake in Prime Active Capital, which itself owns 21.53pc of Media Square. Prime Active Capital's executive chairman is Peter E Lynch.

Furthermore, a company called the Great Northern Envelope Company listed a Peter Lynch and an Anthony Stephen Gill as directors on the same board in 1995 to 1996.

If the shareholders are proven to be acting in concert, they will have a combined holding of more than 34.5pc, meaning they would have to launch a bid for the company or reduce the holding.

Mr Gill bought his 13pc stake in Media Square, chaired by Roger Parry, at an approximate cost of £335,000.

Promethean Investments, Sir Peter Burt's private equity firm, owns a 10.33pc stake in Media Square.

Shares in Aim-listed Media Square rose 12.5pc to 9p on the news of Mr Gill's recent purchase.

Mr Gill said late last night that he was not acting in concert with Peter Lynch. He said he is not planning to bid for the company, describing such speculation as "fanciful".

He described his relationship with Mr Lynch as "friendly rivalry" and said "He [Mr Lynch] was the finance director of the company that bought my company and he let me go".

Mr Gill said: "My stimulus for buying the shares followed an article in last week's Investor's Chronicle saying there was potential for a bid. My broker got me 500,000 shares, then he got me another million. I kept getting offered more and more over a three-day period."

Mr Lynch said it had nothing to do with him and his company. He said: "Any concert bidder would have to make an offer at the highest price they paid for stock in the last 12 months. Only a fool or a naif would suggest that as a strategy when stock prices have collapsed and banks have stopped lending. I would prefer to work with the company, and have told them that consistently many times for nearly two years."

Media Square and the Takeover Panel refused to comment.
Posted at 29/10/2009 18:01 by 21simthy
Very old article but nothing has changed !

Bob Morton, shrewd investor
By Algernon Craig Hall | 19:29:39 | 05 May 2000

(WEEKEND PROFILE) Citywire has been tracking entrepreneur Bob Morton's secret share deals for months because he can move the share prices of companies he takes large stakes in; this week Citywire tempted Bob out of the shadows to come in and talk to our team.

Morton began his career as a chartered accountant. After years spent advising people on how to build businesses and protect their money at his St Albans practice he decided to roll up his sleeves and get his own hands dirty in 1970.

The business he became involved in was an exhaust fitting company called Euro Exhaust Centres. After launching it with just £1000 of capital it became Europe's number one exhaust fitter before being reversed into Kwik Fit in 1979 for £11 million.

Morton sees his role in a venture as providing financial expertise and guidance to a company. He always looks to work with 'operators' and sees the people involved and their independence from him as the key to the success of an enterprise. He describes his role as helping other people make money and in the process adding to his own wealth.

Morton told citywire.co.uk: 'People are 100% of the business. If you empower people and then take away their power they can't function. Everyone I work with has to be charged with running their own businesses.'

He needs two pre-requisites before he will become involved in a venture or make an investment – there must be an exit strategy and he must always be able to cover his downside. Morton does not usually exit until he's seen considerable growth , although he cannot claim to have a 100% success rate. Who can?

He has a value philosophy in so far as he will not overpay to get into high growth markets but will always look for companies with good growth potential.

So, a few examples of some of Morton's past deals. Morton told citywire.co.uk that Norank was started with £1000 worth of capital and was eventually sold for £10 million. Hapfield Estates was started with just £100 before being sold for £19 million. Spargo Consulting was set up with £125,000 and went to £40 million
Posted at 24/8/2009 11:10 by rolandspike
Good news, I think:

AGM Motion Withdrawn

The AGM of Media Square plc ("MSQ") is being held at 12 noon on Wednesday August 26th in London.

The Notice of Meeting was sent to shareholders on July 29th.

The Board of Media Square plc has received notification that Prime Active Capital plc ("PAC"), which is a shareholder in MSQ, has withdrawn Resolution 8 which it had asked to be inserted into the AGM agenda.

Resolution 8 sought to have Mr Peter Lynch, the Chairman of PAC, appointed as a Director of MSQ. The Board unanimously recommended to shareholders to vote against this resolution as explained in the Notice of Meeting.

The Board of MSQ has issued the following comment:

"We are delighted that Prime Active Capital has withdrawn its unwelcome and unhelpful demand to appoint Peter Lynch as a Director of MSQ. We are in the final stages of a major turnaround of the business and will continue to work on behalf of all shareholders to improve the operating performance and value of their Company."
Media Square share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock