Zoo Digital Share Discussion Threads

[tech punk] 21/1/2007 19:05

I have added you to my name so I shall start posting as you aswell. I cannot believe anyone can be that daft but can they everyone?

*name..........chef, siwel, Iantc......

Your first comma is totally wrong despite the attempt at humour in the later ones

I am guessing you have alot of BGT shares and are losing heavily

[iantc] 21/1/2007 19:03

tech punk,siwel,chef are the same person ,see tech punk profile ,,,pathetic when you have to have 3 names to post with

[tech punk] 21/1/2007 18:43

Keep the bear ban up on your beloved BGT mate

[iantc] 21/1/2007 18:41

negative on a company you know nothing about tech punk ,you and siwel should stick to zoo ,pathetic the pair of you

[siwel100] 20/1/2007 22:36

Tech Punk...Ta for that, will have a look.

[siwel100] 20/1/2007 21:40

Uzbekking.....Obviously nothing will persuade you except good results from Zoo. Time will tell .......Unlike the past, they do have plenty of time..:)
One interesting question you raise is if its possible to build a succesful iDVD publishing business. Personally I think its difficult if you are relying on just the 4 week xmas period, the volumes and margins are just too small. Certainly there will not be room for most of the companies attempting it.
But that is a different point to Zoo benefitting from a slice of the developing worldwide iDVD market. They carry no investment or publishing risk, they simply benefit from the supply of the software. The investment has been made, the income carries few costs.

[the_dog] 20/1/2007 19:20

The payment from ZIV ,if it comes, will not be until March 2008 as per statement by ZOO

[tech punk] 20/1/2007 13:56

so that is 1.7 mill left then after paying Deri siwel ;)

[polanski] 20/1/2007 13:35

25% (ish) drop on 65k vol - someone taking the micky? Good Old Zoo though retaining historic performance!

Pol.

[siwel100] 20/1/2007 12:58

Uzbekking...The 200k from ZIV is down the line, its the income from ZIV's xmas sales that is a tad more important.Substantially less than hoped but still income.
Software houses are pretty much fixed costs. Unless you heavily recruit (of which there is no sign) then the cost to develop/finish a product do not change. Its not like publishing with its huge variables.
I would put their restructured cost base at about 2m max, so with cash in bank + existing income, they have 2-3 years at current cashburn even assuming no further deals were signed.
Part of the refinance was to clear ALL debt, hardly suprising a chunk went immediately....duh ..:)
Of course there will be write offs in the finals, hardly a suprise, they have restructured and dumped 2 divisions.

Tech Punk...Deri wouldnt have cost more than 50k to remove. He was only an employee.Thats assuming zoo was being generous.

Odd how people react. The story is no different from a month ago. A "one off" ZIV payment is much reduced, but its still a debt free niche software house with plenty of cash in the bank.......If they shift their products it will be extremely profitable.
Current valuation 1.9m...cash in bank 1.75m....stripped cost base, products either in the market or about to be launched. Just a tad early to write them off. Not that it will change people views on this bb, but such is the way of bb banter .

[tech punk] 20/1/2007 11:27

And Pay off to Deri ;)

[uzbekking44] 20/1/2007 04:15

Swiv, you say cashburn is not an issue.

It looks like the company has already chomped its way through a hefty chunk of the fundraiser in a matter of months. Thid indictaes that the business is as cash hungry as ever.

Scrivener may not pay the £200k for ZIV as it looks as if DVDi is on the wane.

For all we know the remaining cash might be needed to just complete TAS let alone market it against the already available Sonic product. They might well only be able to sell it to Disney as per the Regionalisation Tool.

Add to that the yet to be accounted for exceptionals in the final year accounts and you have a parlous Balanace Sheet on your hands with little or no chance of future cash being made available to prop the compny up. Certainly shareholders, new and old have been shafted so badly they just are not going to be duped by the ZOO story again.

I can see few rewards in holding ZOO but a great deal of risk.

[siwel100] 19/1/2007 23:12

uzbekking...Oddly enough,it doesnt make a lot of difference to the future success of zoo. ZIV's "one off" contribution will be reduced, not removed. Added to cash in the bank they have ample funds.
The real question is the take-up, both in terms of speed and volume on the zootech software.As a slimmed down niche software house they have to shift product.
With a slashed cost base, cash burn isnt the issue of previous years. They have plenty of time and they now have to turn the restructure into a viable and profitable business.
They have a market cap of 1.9m. Not exactly overpriced. They already have 1.75m on the balance sheet + iDVD income dropping in over the next 3 months.
Perhaps if ZIV and all the costs hadnt been dumped I might have agreed with you. But like the console games, they are gone.
Zoo has a clear run this year with the increased toolset to drive sales. If they achieve it they will become very profitable. If not they will suffer the fate of any company that cant sell product. Worth looking at the header again to see some of the companies already using Zoo before dismissing their chances.
If the ZIV contribution had been high then Zoo would have made a maiden profit this year. It isnt and they wont. But thats a long way from doom, gloom and shutting up shop tommorow....but thats the way of advfn threads,

[uzbekking44] 19/1/2007 23:01

It seems that way Dog. I can not see any one buying the ZOO story again if the company goes looking to raise cash yet again.

With ZIV sales so poor is there not a chance that Scrivener will not pay his differed payment? That will hurt the cashflow even further.

All in all it looks to me like the game is up.

[the_dog] 19/1/2007 21:11

From RNS: 'a strong cash position
of approximately #1.75 million on the balance sheet' Does that mean this is all that is left from the 3 or3.5M? they raised?

[tech punk] 19/1/2007 20:32

Poor sales will though if that is what they have

[mukesh4] 19/1/2007 20:32

after bgt ts i think s p will suffer.

[uknighted] 19/1/2007 20:13

TP The share price has risen of late and not even the resignation today of the MD has knocked it back. Regards UK