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MME Medal Ent&Med

23.00
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Medal Entertainment & Media Investors - MME

Medal Entertainment & Media Investors - MME

Share Name Share Symbol Market Stock Type
Medal Ent&Med MME London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 23.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
23.00 23.00
more quote information »

Top Investor Posts

Top Posts
Posted at 26/1/2005 19:50 by paulypilot
Hi,

Looks like there are only about 4 of us interested in Medal. Astonishing, considering how the shares are up almost 50% in the last fortnight ! Expect the hoardes to arrive soon.

This should be seen as an opportunity - if you're first on the scene to spot an undervalued share, and nobody else is interested, it's just a question of sitting & waiting for the penny to drop with other investors, who will overwhelmingly be buyers, hence providing the catalyst for the share price rising.

I am hoping for strong results for y/e 31/3/2005, but could be a bit of a news vacuum until results are announced, probably in June 2005. Although hopefully the company should put out a period end trading update which (I hope) will read positively - as indicated in statements to date.

Fingers crossed.

Regards, Paul Scott.
Posted at 25/1/2005 18:27 by paulypilot
Hi,

Wow, this stock is amazing. I bought some recently at 88p, and it goes up in price every day !

What I liked about Medal was this;

1) Totally under-promoted, so plenty of upside as more investors & commentators hear about it
2) Management look credible & experienced
3) Balance sheet is robust, and has a £5m freehold on it (so could be used as security against any borrowings if trading did deteriorate)
4) Excellent outlook statements with Interims. Hence shares should get a boost when prelims come out
5) Low PER of 13.3 falling to 8.9 based on Durlacher forecasts
6) Demand for its TV studio looks good - largest independent TV studio in the UK, so ideal for shows with large audiences - eg "Ask the Nation", "X-Factor", and the Kumars at no.42 are all filmed there.
7) Makes sense to create their own TV production company, to make use of gaps in the bookings for the studio, as they have done.
8) Good growth from the DVD distribution business, and they have their own transactional websites.

Interims were a bit disappointing, but full year s be a lot better, according to the commentary with interims.

I hold shares in MME, please DYOR as usual.

Regards,

Paul Scott