Mediazest Share Discussion Threads

[patviera] 14/9/2015 13:17

Yup looks like you are right15 is where we heading 30 pct fall

[patviera] 14/9/2015 08:22

Looking at balance sheet needs cash raisingLet's see buy not sure why went from 16 to 24Should settle at 16 until balance sheet strengthened

[frjdnverijtnhj8568934] 13/9/2015 18:35

I expect a placing to be announced very soon now. How do I know? Well read the last announcement

"Given the developments occurring for the Company at this time and the crucial period approaching in the next twelve months which are expected to deliver significant improvements in the Company’s performance, the Board believes now is an appropriate time to further incentivise long term profit maximisation in line with shareholder interests and therefore to grant options to those who will have made significant contributions to such increase in profits."


That's the hook. Significant improvements in the company's performance. Increase in profits? What profits? This company has never even come close to posting a profit so the announcement does not even make sense! The company needs to make another announcment explaing what the hell they are talking about.

If you believe this announcement well just check the news releases just before every single placing this company has announced. Every single time just before they announce a placing they release an announcement whose purpose seems to be to pump up the share price. I've personally never seen anything like this company and I am not going to be taken in. A significant improvement could be only to lose £400,000 a year instead of £650,000. I still believe this company is completely worthless given it is heavily loss making and has a large net current liabilities position. Also sales are so low who would even acquire it for the revenues?

[patviera] 13/9/2015 17:42

Shall I buy or not?Look interesting at 15Up here not sureWeak balance sheetAny views ?

[patviera] 13/9/2015 17:06

With no cash having raised 450k last year and 175 of debt with only 325 left there must be a placing again soon?How long can mdz survive without another cash call?But mgmnt must be good as they keep raising the money needed to surviveIf balance sheet was better then shares would be good valueMkt cap of 2.5m seems crazily high for a company that needs to raise cash imho

[livup967] 11/9/2015 10:59

well done MDZ.and all management welcome back and good luck....
for the rest of 2015

[johnboyo] 11/9/2015 10:40

maybe its the granting of options at .35p 118% above price .16 at the time of announcment.

[patviera] 11/9/2015 10:16

Back down we goPunters buyThem ramp Then dumpWill be back below 20 soon

[frjdnverijtnhj8568934] 11/9/2015 10:15

Wierdest stock on AIM. Now valued at £3M. Why???

[patviera] 11/9/2015 09:51

Up on no volume20 resistance

[frjdnverijtnhj8568934] 25/8/2015 15:19

Its a real leap of faith buying this, even at sub 10. As it stands they are close to insolvent now with all the cash gone and they required a shareholder loan to tide them over. This could be the year when there is no-one willing to put money in. After all it just looks like money down the drain. There are thousands of other decent companies around. Why continue to fund this?

[patviera] 25/8/2015 00:16

I think sub 10 is a good buy for a doubling just as a trade

[stevieweebie2] 24/8/2015 22:26

Nevertheless, a Sub 10p buy may pay off despite the fundamentals, the issue is that there must surely be better value out there at the moment among the carnage.

[frjdnverijtnhj8568934] 24/8/2015 20:43

I'd wait for zero pence pat. Goodwill is usually written off by astute investors so I honestly think the equity is worthless. Even at zero pence an acquirer would be taking on £0.9M of net liabilities.

[patviera] 24/8/2015 16:26

Wow why has the cash deteriorated so much?A buy sub 10?

[frjdnverijtnhj8568934] 24/8/2015 09:17

well played stevie

market cap is £1.4M now but there are net current liabilities of £0.9M so even after the 30% drop today this company is still valued at £2.3M which is absurd.

Lance O'Neill's outlook statement is a gem. I understand he has a big vested interest here with his salary and his personal shareholding , and then also his shareholding via EP&F Capital, but what he has said has no basis on reality. Its just blind hope. Look at the last 11 years results.

[stevieweebie2] 24/8/2015 08:52

Christ
have done okay trading this but haven't held this year thank the baby Jeeeeeezuz.
they have burnt the lot.

[russman] 24/8/2015 08:21

This is a mind blowing example of cashflow management.
What will be the story for the placing.
Lets have something different this time - something original.
Investing in a new social audio visual cloud 4D tech start up based in Oz.

[cgod] 24/8/2015 08:03

When do we get the placing then? £13000 cash?

[frjdnverijtnhj8568934] 24/8/2015 07:29

Final results out today guys. To summarise; Turnover down, increaed losses and almost no cash left. Laughable.

Turnover for the year was £2,483,000 (2014: £2,944,000), cost of sales was £1,686,000 (2014: £1,978,000) and the Group made a loss for the year, after taxation, of £656,000 (2014: £653,000) after finance costs of £83,000 (2014: £128,000) and having incurred administrative expenses of £1,490,000 (2014: £1,513,000).
The basic loss and diluted loss per share was 0.06p (2014: 0.09p). The Group had cash in hand of £13,000 (2014: £268,000) at the year end and an invoice discounting facility over the debtors of MediaZest International Ltd of which £174,000 (2014: £342,000) was in use at 31 March 2015. As at 31 March 2015, the Group had a limit of £500,000 (2014: £350,000) under the existing invoice discounting facility.

[frjdnverijtnhj8568934] 12/8/2015 13:10

Over the last 10 years;

Average revenue is £2.6M
Average loss is £620,000


There is no trend either. Nothing to suggest this company is heading in the right direction. The company has never even come close to posting a profit and in my opinion never will.

Sometimes with companies like this, despite always losing money, they can be building up valuable intellectual property over the years. That's not the case here. Intellectual property is worth a meagre £46,000. Yes that's 46 thousand pounds.

[frjdnverijtnhj8568934] 12/8/2015 12:59

Profit forecast? Are you having a giraffe? See the top of this thread for the track record so far. You will never find the word "profit" and "mediazest" in the same sentence. Another placing will be along shortly , don't worry about that.

The big mystery is why is anyone continuing to fund this?

[patviera] 11/8/2015 09:32

What is forecast of profit this year?Has the company enough cash or does it need another placing?

[frjdnverijtnhj8568934] 04/8/2015 07:32

New business wins update announced today. I work for a small company and new business wins are a routine matter. You need new business wins just to stay alive. If you read between the lines this is another terrible update from Mediazest. As far as Im concerned another large loss this year is a nailed on certainty. Brace yourselves for the next placing.