Dcd Media Share Discussion Threads

[21trader] 02/6/2015 11:20

cgod

Do not waste your time he will find something to moan about. I was a sceptic too
but there is real hope in those results and the shareprice is priced in very bad
news at that cap. Let the good times return.

[temmujin] 02/6/2015 11:18

this should be trading at 1000p plus...ridiculous price at the moment..plunged in again

[cgod] 02/6/2015 11:18

Well so much for MM then 2.5 million loss, Ha. Will you invest now MM.

[21trader] 02/6/2015 11:11

Wake up wake up big drop in all losses.

"The Board is confident that with the term-debt paid down and rationalisation of the business divisions, that the future for DCD Media looks exciting and promising."

[21trader] 02/6/2015 11:06

Results out !

Massive improvement there.

Just took a few at 409p

[21trader] 02/6/2015 10:27

Not the stock people will gamble on results so naturally any sale will drop
the price until results. After that I still think there will be a 50-150p swing
in the price but still 50/50 on which way

[stonesp2] 01/6/2015 16:36

All bets are on then.. Will results be released tomorrow??

[cgod] 30/5/2015 21:03

Remember the loan was due to be paid off last year.
We made 200k from the match light sale, that was loss making over 300k pa.

And we do not know how much we made from the following below,

Since DCD Rights acquired the international distribution rights to the Open University catalogue in May, this library of over 200 hours of primetime broadcast programming is already generating lucrative worldwide sales. A brand new Open University sales catalogue will be launched at the MIPCOM TV market this October, which will include additional new programming acquired since MIPTV.

DCD Rights recently sold three series of each of the hit reality shows Bridezillas (produced by DCD Media's September Films) and Marriage Boot Camp to ITV's brand new channel ITVBe.

Australian drama The Code premiered on ABC on 21(st) September and has so far been successfully licensed by DCD Rights to BBC Four as well as several major international broadcasters including DirecTV for Audience Network in the USA and Sundance Channel Latin America.

Production

In DCD Media's production division, Rize USA has secured a 4 x 60-minute re-commission of the hit series Liberty of London with Channel 4, following a three-part run which drew a consolidated audience of 2.2 million (8.1%) in December 2013. Liberty of London will be sold worldwide by DCD Rights as a 7 x 60-minute series.

September Films' revival of the classic game show Celebrity Squares launched on September 10(th) and is featuring on ITV primetime every Wednesday evening at 8pm.



The magic competition series PENN & TELLER: FOOL US returns with all new episodes Monday, July 6 (8:00-9:00 p.m. ET). PENN & TELLER: FOOL US is a one-hour competition series celebrating magic and featuring the legendary duo Penn & Teller. On each episode of PENN & TELLER: FOOL US, aspiring magicians are invited to perform their best trick to try and fool the world-famous team of Penn & Teller. Anyone who succeeds wins the right to perform with Penn & Teller in their celebrated show at the Rio Hotel & Casino in Las Vegas. The live studio audience and the TV audience watch along with Penn & Teller as they try to figure out the secrets. Penn & Teller see the trick only once, and have to immediately try to work it out. The live studio audience knows there are no camera tricks, secret edits or helpful camera cuts. This is all real magic. Hosted by Jonathan Ross, PENN & TELLER: FOOL US is created and produced by 117 PRODUCTIONS and September Films (part of DCD Media), with executive producers Penn Jillette, Teller, Peter Adam Golden, and Andrew Golder.

[red army] 30/5/2015 12:59

My guess is that extending the loan is because their cash position is restricting them and that the loss will be smaller but not by much. After all if their short term position had improved then the loan payments would have stayed the same.

[stonesp2] 30/5/2015 12:01

I admire your in depth assessment, but, there are too many imponderables regarding all the group companies which we are not party to. You appear to be able to preempt their final results. Always wished I could do that with some certainty but sadly I fall short every time. DYOR

[michaelmouse] 30/5/2015 10:12

cgod - forget their headline figures and look at the income statement. Last year's figures show a loss of £2.8m. Interim figures for this year are similar to last year, although revenues had fallen from £7.5m to £6m. Let's say they achieve £13m in revenues. Gross margin 31% (similar to last year). Gross profit around £4m. Total admin expenses around £6m which is generous given they were £7.5m last year. This gives a £2m loss before all other expenses. So a loss between £2m-£2.5m seems reasonable to me.

Please note that the statement in the interim report just says a return to "economic and financial stability in sight". In other words they believe that they can save the company from going bust, but it says nothing about profitability yet.

Michael.

[cgod] 29/5/2015 20:29

Michaelmouse, are we talking about the same company here? Unless they have had a very bad last 6 months, where do you get a 2-2.5 mill loss from we may have some one off costs with the Match light sale, they were costing .5-.75 million loss per year.

( Certainly the interims point towards these figures )

Looking at below, where do I find this. Bank term debt paid off.

I am looking for turnover 14-16 million, .5 - 1 million profit.

Revenue GBP6.0m (2013: GBP7.4m)
-- Gross profit GBP1.5m (2013: GBP1.9m)
-- Operating loss GBP0.7m (2013: GBP0.9m)
-- Unadjusted loss before tax GBP0.8m (2013: GBP0.9m)
-- Adjusted EBITDA Loss GBP0.1m (2013: Loss GBP0.4m)
-- Adjusted loss before tax GBP0.3m (2013: GBP0.5m)
-- Adjusted basic earnings per share Loss 55p (2013: Loss 122p)
-- Long term liabilities GBP0.9m (2013: GBP1.1m)

-- Rize USA won a number of paid development commissions and has an encouraging slate for the second half of the year

-- Bank term loan - since the period end, the term debt has been reduced to GBP0.12m and is due to be fully repaid in November 2014.

"We are delighted to report that we are almost through the turnaround cycle with a return to economic and financial stability in sight. We have all but completed the repayment of the term debt which had previously caused the business to be radically weakened.

[michaelmouse] 29/5/2015 18:40

cgod - What figures are you looking for in the finals? My guess would be revenues around £12m-£13m, and a reported loss between £2m-£2.5m with negligible net current assets. Certainly the interims point towards these figures. I can't see them reaching profitability for some time yet unless they can significantly improve margins and revenues or at least one or the other.

Good luck, I'll read the results with interest, particularly since it's taken them 5 months to produce them.

Michael.

[stonesp2] 29/5/2015 17:40

Surely if the coffers are filling then they will not have to borrow for production costs .. ? On the cards..

[cgod] 29/5/2015 17:10

OK that's your view, I see sting in the tail here, and this time I hope that you are way off the mark.

[michaelmouse] 29/5/2015 14:21

cgod - "they must be very close to a new commission which will repay the loan note". Sorry but this doesn't make any sense to me at all. Every time DCD receive a new commission they have to borrow money from Timeweave to pay for the production costs.



"Timeweave Limited, one of DCD Media's largest shareholders, is providing September Films with a short term GBP2.8m unsecured loan to fund the production and recoverable VAT, to be repaid by 30(th) June 2015 ("the Loan"). Under the terms of the Loan, DCD Media expects to pay Timeweave a total of GBP40,000 for interest, arrangement fee and costs."

The reason that Timeweave and Henderson haven't called in the loan notes is that they would effectively put DCD out of business or cause massive dilution. I doubt DCD have paid back the loan for Celebrity Squares yet. Since Timeweave and Henderson own the vast bulk of DCD it would be like turkey's voting for Christmas to call in the loan.

Michael.

[cgod] 29/5/2015 13:19

Michaelmouse, Why have Hendersons and Time Weave not converted the loan note into Shares at £1.00 each? The only reason that I can see is they must be very close to a new commission which will repay the loan note, other than dilution with more shares, which would not be good for both of them. This could be a real plus for DCD now. If I am correct.

[cgod] 29/5/2015 10:00

Well we will have to see what comes out of the hat. More bad news or good news?

[michaelmouse] 29/5/2015 09:25

temmunjin - a little bit of cynicism never did anyone any harm. I love micro-cap stocks as you know, however there are plenty of growing listed micro-caps that carry far less risk than DCD. I'm astonished that posters on here are so sanguine about a RNS which can't even specify the date of the release of next week's results!

Michael.

[21trader] 29/5/2015 09:00

It's the biggest gamble next week.

Surprise good results and the price could rocket.

Or same old going nowhere losses with no improvement and a falling price and
impossible to sell.

Take your pick

[temmujin] 29/5/2015 08:59

wouldnt worry about 500 seller...went up last time

[red army] 29/5/2015 08:58

Looking to preserve cash - possibly over stretched a bit.

[stonesp2] 29/5/2015 08:55

Strange cycle on this.. Whenever it recovers someone starts selling in blocks..! ?