Mediazest Share Discussion Threads

[knicol46] 09/8/2016 15:06

buying spree continuing share price +19% contract news and financial update due this week, full offer trading current, 0.18p now showing on order book - only 6 mm's control this stock

[knicol46] 09/8/2016 13:56

hxxp://www.mediazest.com/work-topshop-london-fashion-week.php coming Sep

[knicol46] 29/7/2016 15:58

sp +18%.. news within 2 weeks the Board expects to provide a detailed update on new business wins and progress for the current financial year at the same time as the final results announcement.

[frjdnverijtnhj8568934] 29/7/2016 13:55

wow. £139,000 is significantly more than I expected. Sure its a non-cash amount and it won't affect current trading. The way I look at it is its really part of employees salaries but its kind of disguised as a share scheme. It makes the EBITDA look better. Whatever it is, it affects the bottom line and is a cost to shareholders.

[knicol46] 29/7/2016 12:27

MediaZest, the creative audio-visual company, will announce final results for the year ended 31 March 2016 within the next two weeks.

These results will be in line with the announcement of 29 April 2016. As noted in that announcement they will include an accounting adjustment under International Financial Reporting Standard 2 or IFRS2 (Share based payments). IFRS2 is applicable to MediaZest for the first time in the Financial Year ended 31 March 2016 because the Company utilised an Employee Share Option Scheme (ESOS) during this period. Whilst this item has neither cash nor trading implications, its accounting treatment under IFRS2 will adversely affect the year end result. Following the year end audit visit, this non-cash book entry has been determined to be £139,000.

Furthermore, the Board expects to provide a detailed update on new business wins and progress for the current financial year at the same time as the final results announcement.

[knicol46] 29/7/2016 09:54

Results due today..

The Board expects to announce final audited results in July 2016

[frjdnverijtnhj8568934] 06/6/2016 11:43

Here is a list of the share placings. They've gone from having 13.7M shares in issue (raising £1.4M @ 48p) to having 1.24 billion shares in issue after the latest placing at 0.15p.

They are averaging 1 placing per year.

March 2005: IPO. Raised 1.4M @ 48p. 13.7M shares in issue
Sep 2005: Raised £2M @ 22p
Aug 2009: Raised £200,000 @ 0.25p
Feb 2010: Raised £324,000 @ 0.5p
March 2011: Raised £440,000 @ 0.55p
Feb 2012: Raised £160,000 @ 0.2p
Dec 2012: Raised £179,000 @ 0.12p
June 2013: Raised £358,000 @ 0.25p
Dec 2013: Raised £865,000 @ 0.35p
Dec 2014: Raised £438,000 @ 0.35p
May 2016: Raised £250,000 @ 0.15p. 1.24 billion shares in issue

[frjdnverijtnhj8568934] 02/6/2016 15:31

Theres the RNS confirming one and a quarter BILLION shares in issue.

The recent placees at 0.15p are already sitting on a 13% paper loss.

The placees at 0.35p last year are sitting on a 62% paper loss.

[falia] 01/6/2016 16:37

THIS WILL FLY ONCE WE HAVE THE RNS

[knicol46] 01/6/2016 13:34

sp now +18%

[knicol46] 01/6/2016 11:58

rising, holdings RNs out late yesterday

[knitcraft] 31/5/2016 17:53

Someone accumulating.

[knicol46] 20/5/2016 12:53

6.6m buy @ full offer £10k worth - someone has confidence

[frjdnverijtnhj8568934] 19/5/2016 18:33

The problem is there are now 1.25 BILLION shares in issue so a 0.2p share price is a £2.5M market cap. Given the net liabilities position thats a very hefty valuation for a company that always loses money and relies on continual placings to remain solvent.

[ochs] 13/5/2016 14:55

I bought a few more today, got 0.142p. These regularly shoot up towards 0.2p... so just waiting for the next leap!

[patviera] 13/5/2016 06:50

CEO is a great guyProblem is this is a one man bandNever made money and never willI hold 8m shares and will sell on the next puffHow long till the next placing to pay for his wages ?

[ochs] 11/5/2016 21:41

Great summary of the CEO's pay and optimistic statements over many years. He's not done so bad personally, but clearly he has failed to make this company live up to its potential and expectations over a long period.

[frjdnverijtnhj8568934] 11/5/2016 20:55

A must read article on Mediazest today

www.shareprophets.com/views/20674/mediazest-keep-the-lights-on-placing-is-transformation-really-ahoy

[frjdnverijtnhj8568934] 11/5/2016 20:54

A must read article on Mediazest today

www.shareprophets.com/views/20674/mediazest-keep-the-lights-on-placing-is-transformation-really-ahoy


It concludes - Incredible!! … SELL this is an A1 BARGEPOLE STOCK!!

[ochs] 11/5/2016 18:47

To be fair trading has improved in that they are closer to profitability than in recent years. This is the first placing since Dec 2014. Plus it is not at a discount (at least to the current share price anyway).

Now that the placing is out of the way there ought to be less downside risk in the share price. I was holding off topping up due to a fear of any imminent placing being at a lower price than 0.15p.

[patviera] 11/5/2016 17:57

Pile of poo

[thomasthetank1] 11/5/2016 14:21

Read Northland Capital Partners's note on MEDIAZEST PLC (MDZ), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B064NT52

"MediaZest Group, the creative audio-visual company focused on the retail sector, announces that it has raised £250,000 (gross) by placing 166,666,800 new ordinary shares at 0.1p each; the placing was oversubscribed. In addition it will issue 33,333,333 new Ordinary Shares to City and Claremont Capital Assets Ltd., resulting from conversion of loan interest amounting to £50,000, priced at..."

[patviera] 11/5/2016 08:26

But we have incredible prospects!!Haha I've heard that for 10!years!!always a profit..next year!!But never happens and we need another placing every few months cos this company has never and will never make a profit

[patviera] 11/5/2016 08:24

Haha big deal!!All the placings have been oversubscribed and our shates have fallen from 10p to 0.15pPays the wages of bod!We have placings every year cis we can't make a beanHey hi it keeps the directors in the life they are accustomed to! Well done on them for getting decent salries while our shares plummet

[knicol46] 11/5/2016 08:13

£250k raised at closing bid price - 'oversubscribed placing'