Facilities By Adf Share Discussion Threads

[disc0dave45] 30/1/2023 10:19

Video streaming subscriptions fall by two million in 2022 Https://www.bbc.co.uk/news/business-64450202

[disc0dave45] 28/1/2023 14:58

Just had a look at the Netflix financial results. Clearly subscription numbers aren't driving profit, the complete opposite and their income per head in EMEA (Europe Middle East and Africa) is falling. Unfortunately I can't get individual countries on their regional breakdown. Overall income for EMEA was virtually flat for FY22 compared to FY21 but average income per membership was down 5.5%.On a company wide basis there was a massive fall in profit for Q4 from $1.4bn in Q3 to only $55m in Q4 (that's some decrease!), for FY22 profit was down 12% compared to FY21.So increasing numbers of subscribers is not a signal of prosperity, the opposite is true.

[disc0dave45] 26/1/2023 18:35

Why are you posting here?, and probably having personal digs?You are an immature child with attitude.

[melton john] 26/1/2023 17:57

How rude. Well up yours then.

[disc0dave45] 26/1/2023 14:28

MJYou are filtered so go forth and multiply :)

[melton john] 26/1/2023 10:16

I hope you bought some AGFX like I told you dd45. Super trading update today.

[masurenguy] 26/1/2023 00:15

Netflix to come for your shared accounts in March

The company has announced that from the end of March, it will launch its long-promised crackdown to stop people sharing account details with those outside their household. In a 16-page letter to shareholders last week, Netflix said that it would “roll out paid sharing more broadly” by the end of the first quarter. Under the plan, it will charge users who use the same account in different homes extra. It now asks customers to pay $2.99 more each month if they want to give up to four people the right to use the same account in another location. In the letter, sent on January 19, the streaming giant said that more than 100 million households across the world were guilty of sharing passwords.

The company’s latest results showed that it had added more than seven million subscribers during the final quarter of the year, with new releases such as the film Glass Onion and the documentary series Harry & Meghan proving popular. However, Netflix admitted that 2022 as a whole had been a “tough year”, with growth projections slowing and millions of subscribers leaving amid growing competition from other streaming platforms.

Complete article:

[adamb1978] 24/1/2023 15:36

Last year's TU was on 11th Feb. I can see the price bobbling around +/- a couple pence until this years

[disc0dave45] 24/1/2023 11:59

I see the CEO is ramping on his Twitter feed - must think he’s Elon Musk.
Plus todays RNS is a waste of time and another effort by the BOD to ramp the business, never a good sign IMO.
Basically some Location One staff and kit are joining ADF at their recently acquired (no costs given!) Pioneer branch in Scotland. Why they felt the need to inform the market is beyond me tbh.
I’m waiting for the fund raise.

[masurenguy] 24/1/2023 10:03

Good response to the news today prompting a rise on a down day in the markets, although based upon a very small trading volume. Nice to have an intelligent, knowledgable troll free thread too!

[rivaldo] 24/1/2023 09:12

Good to see ADF's Location One expanding into Scotland's "newest and largest film studio", where ADF are already established:

[rivaldo] 23/1/2023 09:19

A bullish-sounding tweet from the CEO, who notes:

"There are currently 197 productions in development 22 in pre-production 33 in production. Great stats that show the upward trend in our booming #tv & #film industry is continuing in 2023

Likewise for @FacilitiesByADF who are supplying 19 of 33 shows 🚛🚚🚛🎞7916;🎥ԁ54;♻️🌏"



I can see that ADF worked on 39 productions in total in 2021, and in H1'22 alone they worked on 46 productions. So it's an interesting balance - one would want to see ADF working on an ever-increasing number of productions, and the start to 2023 appears to be good in that respect.

Yet H1'22 saw an increase in productions worked on with lower profits due amongst other things to higher transit costs etc between shorter timeframe productions, apparently to be remedied in H2 given the forward order book containing a much higher proportion of longer term and thus more profitable shoots.

The CEO seems to be happy about things anyway!

[disc0dave45] 21/1/2023 11:47

YasxI still say it has and will be affecting ADF, you tell me why a recession and cost of living won't be impacting ADF. The Netflix subs numbers is just one factor and not the whole picture either, plus there will be others - like studios having to cut costs, like wage increases, rental increases, loan interest, lease liabilities, etc etc.Yes I believed that households would be cutting their non-discretionary spend like Netflix subscriptions- so at first glance it looks like that hasn't happened yet, but remember that was their Q4 period and haven't seen the monthly numbers to see if the actual subscriptions were tailing off. Also bear in mind that the Netflix subs may have increased but their income was actually the lowest they've ever recorded. Do you know what the UK numbers looked like?. As posted let's see what their Q1 & Q2 numbers are like.

[yasx] 21/1/2023 01:08

DD,

But the central pillar of your argument re contractionary forces in the consumer space impacting ADF has been that this has already been having an impact and Netflix subscriptions was your preferred barometer of activity likely to impact ADF; ergo,if those subscribers have increased, you can't now reasonably argue the effects of a slowdown have not yet been felt in subscription numbers.

I don't pay that much attention to Netflix numbers since as I explained in my previous posts, other players in the sector have been increasing budgets and content and so the overall effect is one that is supportive for the likes of ADF.

[disc0dave45] 20/1/2023 10:42

Netflix Q4 with significant best to forecasts on subscriber numbers for Q4. Should flag this is to year end (Dec) and IMO cost of living hasn't as yet been reflected in subscriber numbers. Q1 onwards is key and although they suggest +4% in income it's clear that's a lot less than their outperformance they achieved in Q4.....so shouldn't get the bunting out just yet!.Https://www.cnbc.com/amp/2023/01/19/netflix-nflx-earnings-q4-2022.html

[disc0dave45] 17/1/2023 11:46

Thanks to jonals on the ramping thread for flagging that business tax on studios could increase by 30%+:Https://www.businesstelegraph.co.uk/tv-and-film-studios-threatened-with-big-uk-property-tax-rises/"The surveyors warned that if the increases are enacted, the biggest threat would be to new studio developments, which would not benefit from the business rate cap, and that overseas investors in particular would reassess whether to press ahead with construction".Just to once again repeat the cost of living will impact the sector too:"The threat of sharply higher property tax bills comes at a delicate time for the UK's film and TV sector. Studios have flourished thanks to the rise of streaming, but households are now cutting back on subscriptions and content providers such as Netflix are seeking tighter cost of controls

[disc0dave45] 17/1/2023 10:54

Doesn't surprise me given his immature and hypocritical attitude to opposing views about his "punts".

[yasx] 16/1/2023 23:38

DD,

This from 74T:

"as there are plenty of shares around that deserve criticising"

He is right - most of the junk that he ramps!!

I jest not - just look at the long list of calls he has made - Co's with weak balance sheets, negligible earnings, lofty ratings, no real business and lifestyle vehicles for the founders/management. What could go wrong.

[jonals] 16/1/2023 20:07

FT article 11 Jan on tv/film studio business rates increasing substantially.

[disc0dave45] 16/1/2023 10:34

According to 74tom he has no issue with negative postings......yeah right whatever. But it's the number of postings one makes that he disapproves of!.....pmsl.He then reckons that ADF are going to buy up the competition because they are struggling, what complete and utter nonsense.Take a look at the profitability and superiority of their number one competitor Translux, if anything they will be taking over ADF.

[74tom] 16/1/2023 09:22

@Startpukka, last years trading update was released on 11th Feb, so potentially around then, always hard to say with new listings though.

Cheers @AdamB1978. Oh and to respond to 'Eezymunny', there is no problem at all with having negative opinions, I quite frequently post them on boards as there are plenty of shares around that deserve criticising! What isn't acceptable is hijacking a BB with constant negativity / making nearly 100 posts over a 2 month period.

Fingers crossed for positive progress from ADF, to me they still look like a solid niche operator that has a decent chance of 'rolling up' more UK competitors into their listed entity. The current conditions make this much more likely as their peers will surely be tempted to cash in at some point... It goes without saying that every business has challenges in the current environment, so the risks are certainly higher than when it IPO'd a year ago at 50p but they appear well placed to navigate them IMO.

[disc0dave45] 14/1/2023 12:25

I see some here still only want to see positives!.....prefer those people stick to the ramping thread, thanks.

[disc0dave45] 13/1/2023 17:20

ITV updated on ITVX this morning:" ITVX launch month delivers 55% increase in ITV's streaming viewing and 65% increase in online users".