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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Media Square | MSQ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.80 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.80 | 0.80 |
| Top Posts |
|---|
Posted at 29/10/2009 18:01 by 21simthy Very old article but nothing has changed !Bob Morton, shrewd investor By Algernon Craig Hall | 19:29:39 | 05 May 2000 (WEEKEND PROFILE) Citywire has been tracking entrepreneur Bob Morton's secret share deals for months because he can move the share prices of companies he takes large stakes in; this week Citywire tempted Bob out of the shadows to come in and talk to our team. Morton began his career as a chartered accountant. After years spent advising people on how to build businesses and protect their money at his St Albans practice he decided to roll up his sleeves and get his own hands dirty in 1970. The business he became involved in was an exhaust fitting company called Euro Exhaust Centres. After launching it with just £1000 of capital it became Europe's number one exhaust fitter before being reversed into Kwik Fit in 1979 for £11 million. Morton sees his role in a venture as providing financial expertise and guidance to a company. He always looks to work with 'operators' and sees the people involved and their independence from him as the key to the success of an enterprise. He describes his role as helping other people make money and in the process adding to his own wealth. Morton told citywire.co.uk: 'People are 100% of the business. If you empower people and then take away their power they can't function. Everyone I work with has to be charged with running their own businesses.' He needs two pre-requisites before he will become involved in a venture or make an investment there must be an exit strategy and he must always be able to cover his downside. Morton does not usually exit until he's seen considerable growth , although he cannot claim to have a 100% success rate. Who can? He has a value philosophy in so far as he will not overpay to get into high growth markets but will always look for companies with good growth potential. So, a few examples of some of Morton's past deals. Morton told citywire.co.uk that Norank was started with £1000 worth of capital and was eventually sold for £10 million. Hapfield Estates was started with just £100 before being sold for £19 million. Spargo Consulting was set up with £125,000 and went to £40 million |
Posted at 29/10/2009 17:50 by 21simthy Talking to myself and my holding is peanuts but the buyer is Bob Mortona well known Aim investor. edit aggressive aim investor. |
Posted at 18/11/2008 14:26 by rolandspike Interesting article from Investors Chronicle. Almost positive...Media Square evolves, but tough times ahead. Nigel Bolitho 11 November 2008 The challenge at Media Square is to improve margins after reorganisation In July, as Roger Parry became the sixth chairman of Media Square in as many years, the company had 43 business units, 20 of which were losing money. Following various mergers, disposals and closures, there were just 12 major units at end-August 2008 and only one of these was making a loss. And this was due mainly to client departures (some of which were encouraged so as to close unprofitable accounts). That's a major reason why sales fell in the latest half-year. Excluding 2007's GBP12.6m of exceptional costs (mainly goodwill impairment charges), there has been a GBP1m improvement in operating profits to GBP1.66m. So is Media Square a mini-WPP? Mr Parry expects tough times ahead. Indeed he has been called an "uber-bear" in this regard. On the other hand, Media Square has more scope than some competitors to improve performance in a recession. Business unit revenues per head stand at GBP65,000, which is well below the industry average of GBP100,000. And current operating margins of six per cent compare to an industry average of 16 per cent. Like its rivals, Media Square earns a sizeable portion of its income in the run-up to Christmas. So full-year profits should exceed GBP2m. Broker Collins Stewart forecasts adjusted earnings of 2.5p. The share price factors-in fears of recession, but Media Square still has a lot of scope to improve margins internally. Fairly priced. FairlyPriced |
Posted at 16/5/2008 10:27 by markie7 Media Square, the struggling marketing communications group, moved up 2pc to 5.625p after Prime Active Capital, an Irish special situations investor, revealed that it had taken a 15pc stake.Prime Active Capital, which is led by Irish financier Peter Lynch, built up the stake through contracts-for-differ Roger Parry, executive chairman of Media Square, said that Mr Lynch told him he thought the company was "undervalued". "I welcome any shareholder who buys into the turnaround story," said Mr Parry, a former journalist who also chairs Johnston Press, YouGov, Future, and Mobile Streams. "Everybody is in the same boat. We all want it to be successful. And in a turnround it's easier if you have four or five big shareholders, because they'll give you stability." |
Posted at 13/5/2008 15:10 by techmark 8Trader,Yeah but who cares? Every trade has a buyer and a seller. And lets be honest 250,000 shares is not a massive amount of money about 15K by my reckoning, it could be a private investor that got bored. Anyway, I would certainly give more creditability to the person who forked out for the 39 million shares at 60% premium yesterday, wouldn't you? Regards |
Posted at 06/9/2007 10:06 by markie7 Kelvin MacKenzie, the former chairman of Media Square, has continued his offensive against Roger Parry, the chairman, as the shares fell 30 per cent yesterday after a weak trading update. Media Square, the marketing communications and services company, told investors that it expects full-year earnings to be materially below market expectations after revenue shortfalls and one-off restructuring costs. Mr MacKenzie said: "I don't have anything against Roger Parry personally, but he is the wrong man to run this company. Roger holds a number of other roles and cannot focus on a business which needs his feet to the fire for seven days a week for two years." Mr Parry, however, emphasised that he was the choice of shareholders and had been brought in on an emergency basis to solve a number of existing problems. Mr Parry added that he was devising a clear, detailed strategy for the group, which he intends to unveil on November 13. Related Links Kelvin launches media offensive Mr MacKenzie criticised Mr Parry's recent share buyback. "This was the world record worst buyback in the history of modern trading," he said. Mr Parry responded: "I don't think Kelvin MacKenzie has the faintest idea what we do . . . I have inherited this position and I've been asked to fix this company." Media Square said in a trading update that a number of its businesses had experienced poor trading over the summer, resulting in revenues that would be below expectation. The company added that it was taking appropriate action to reduce costs. The share price of Media Square, which has a market capitalisation of £20 million, fell 2.63p to 6.13p. Mr MacKenzie resigned as nonexecutive chairman of the group in March to devote more time to his media commitments. He still owns a stake of about 1 per cent in Media Square. Mr Parry is nonexecutive chairman of four companies: Johnston Press, Future, YouGov and Mobile Streams. Mr Parry was chief executive of Clear Channel International for ten years before becoming chairman. Last year, Mr Parry was named by some commentators as a possible contender for the role of ITV chief executive. The position was filled by the defection late last year of Michael Grade from the BBC to run the troubled commercial broadcaster as executive chairman. |
Posted at 04/9/2007 10:32 by slapdash I believe this may have been tipped by the Investors Chronicle - the kiss of death...Slapper |
Posted at 04/9/2007 10:13 by spaceparallax Reflecting upon the TS further, it appears that two different individuals have written the text i.e. the RP quote that talks of not meeting expectations and the lead script that talks of materially below expectations. I suppose it depends just what materially below really means i.e. 5, 10, 25%....and whether that expectation was already priced in by the Market. Selling reported so far is modest and suggests private investors.The thing that doesn't appear to square with any significant deterioration in circumstances is the fact that the Company was happy to buy-back several million shares recently around the 10p level. This would tend to support the theory that RP is paving his way as saviour by setting a scene that he cannot help but improve on. Those regulars here will know that I'm a long-term holder and have always held an upbeat view. It will come as no surprise to hear that I'm sitting tight and in fact contemplating adding more if the share price gets really silly (which is possible). |
Posted at 24/7/2007 20:23 by roberto volpe Space best of luck with your holding - There was more bad news about CMW loosing Porsche's £1million account in marketing week last week. I dont believe that this stock can fall much further but i think it has a long way to go before it starts to show its true worth.There needs to be some feel good stories posted to make the investors smile a little and breath new life into this stock.If you are in it for the long term (which you seem to be) then hopefully you will start to see some relief in the next 8 - 12 months in the meantime i will keep my eye on the shares from a distance |
Posted at 21/3/2007 14:27 by spaceparallax Well chaps, as expected the TS contains a rather mixed bad of promise and disappointment. JM has been very open IMHO in admitting being initially overwhelmed by the scale of issues that were faced following the reverse takeover. My reading of the outlook was of cautious optimism - moving ahead with what the Management consider to be a solid core to the business, having disposed of the elements that didn't blend or were insufficiently productive. I agree with their prudence in directing the market towards the lower end of expectations and hopefully after a few weeks, those investors looking to bail out will have done so. I was interested to see the revenues for the business retained vs that disposed of 92:11. On todays figures, the Mcap is circa £37M (with substantially reduced net debt of £16M) does look significantly undervalued, when considering the sum raised (£15-20M) for those parts disposed of. I'm not too surprised by the initial drop in SP; however, it is likely under mature reflection that realistic investors will recognise that the downside to the TS have been more than accounted for in the significant fall of share price over the recent months. Consequently, I anticipate that the share price will recover to around 14p over the coming weeks and hopefully, with encouraging news, can begin to head back towards the 20p level towards the year end. IMHO this remains a medium to long-term play and as such, anyone buying in now is likely to see a good return in the longer run. The one issue within the TS, with which I am not satisfied is the unreasonably brief reference to the at loss disposal of SBGFinex. Hopefully, we will be provided with further details in due course. |
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