Mediazest Share Discussion Threads

[frjdnverijtnhj8568934] 01/3/2017 12:26

Have they released anything on their twitter account?

They have form of releasing "exciting news" that pumps up the share price, to be followed soon after by a massively dilutive placing.

[livup967] 01/3/2017 12:16

are we expecting news????
does someone nose something??? LoL''' #GOONTHEN''''''

GLA

REGARDS

[knicol46] 01/3/2017 12:09

Positive movement today last traded +21% news coming no doubt, only happens maybe 3 or 4 times a year

[frjdnverijtnhj8568934] 31/1/2017 10:52

The share price looks very weak. They'll probably release one of their "New Business Updates" soon. These are even more regular than their share placings.

They also really need to issue an update on the major shareholder, the offshore vehicle going by the name of City and Claremont Capital Assets Limited (CCCAL). Who are the major shareholders in CCCAL? Who are the directors? Where is this company domiciled? The information derived from the CCCAL.NET domain details requires explanation.

As an aside why do the LSE allow opaque off-shore companies like CCCAL to become major shareholders in London listed companies? As a shareholder, or prospective shareholder, you cannot do proper due diligence. There are also always question marks as to where the money is coming from.

[frjdnverijtnhj8568934] 13/1/2017 11:28

I think if I was asked to take part in the next Mediazest placing, which I expect them to try and get away later this year, I'd want a bit of clarity on who exactly I'm bailing out. Especially so since the value of these shares has dropped 99.8% since IPO. Certainly CCCAL, the biggest shareholders and Lance O'Neill, who holds just over 2% of the shares, would both have a lot to lose. O'Neill is the non-executive chairman and has been an ever present since IPO. He takes £50,000 in salary which may not sound like too much but remember this guy has multiple directorships, and non-execs, even in small companies, will typically be paid £1,000 per day. How many days of work is that per year? Also 24% of non-execs work unpaid but certainly not at Mediazest despite a decade and more of continual annual losses and shareholders being diluted to oblivion.

"A 2006 survey from the Institute of Directors (IOD) found that the average pay per day for non execs was £1,020; for medium companies it was £867 and for those working in larger companies it is £2,080. It also found that on average 24% of non-executive directors work unpaid. "

hxxp://startups.co.uk/non-executive-directors-what-they-do-and-cost/

[mikeroot5] 14/12/2016 09:27

Poor results covered by Trader Tim this morning

[knicol46] 14/12/2016 09:26

Cash in hand £137k but take into account the 'invoice discounting facility' sitting at -£253k makes it -£116k (negative) lol

don't worry though management look forward to being able to use investors again by using their granted authority to issue up to £500k in shares - pretty darn soon!

[frjdnverijtnhj8568934] 14/12/2016 07:35

They just cannot generate revenue growth. It does not matter how many millions they throw at this, Mediazest does not have the scale. It's a tiny player in a huge market.

[frjdnverijtnhj8568934] 14/12/2016 07:33

Another loss reported. The cash raised in the last placing has dwindled in short order and as usual this company is running on fumes again. The outlook statement does not inspire confidence either.


Financial Review

Revenue for the period was £1,474,000 down 8% (2015: £1,605,000).

Gross profit was £631,000 up 2% (2015: £619,000).

Gross margins improved to 43% (2015: 39%).

EBITDA was a profit of £4,000 (2015: profit of £8,000).

The basic and fully diluted loss per share was 0.01 pence (2015: 0.01 pence).

Cash in hand at period end £137,000 (2015: £36,000).

[zico01] 31/10/2016 16:12

Added some more before intrims due in November

[patviera] 15/10/2016 21:54

I sold out here cos there are a plethora of placings paying for directors wagesI think the CEO is great but they haven't got economies of scale and haven't made a profit in years Always jam tomorrow so "I'm out"Just can't see any momentum gained and so many bullish statements not backed up with any profitsComplete waste of time as you know another placing is always around the cornerMay revisit sub 0.1p but only for a tradeShame as I think Geoff is hard working and great but he's better off in a bigger company..he's wasted here

[hazl] 30/9/2016 14:06

post 465 hmm quoting that lot with their promotion of WSBN and the subsequent news.
Pot and kettle come to mind.

IMO

[zico01] 30/9/2016 08:18

From last update 26/9/2016 :

It has been very pleasing to also confirm the additional new business wins,
during what is historically a quiet period due to holidays. In particular,
several new service and maintenance support contracts are further helping us to
generate material growth in recurring revenues. The combined effect has been
continued improvement in results and the Company's cash position."

[frjdnverijtnhj8568934] 29/9/2016 09:18

Some comment by Shareprophets. They maintain their "bargepole" rating.
hxxp://www.shareprophets.com/views/24052/mediazest-new-business-update-announcement-sees-shares-soar-hmmm


I think these incessant trading updates are now increasingly being viewed as an own goal. I think investors are asking themselves why are Mediazest getting so excited by £250,000 of new business wins over a 6 and a half week period? That only works out at £2 million over a full year which is more than 30% revenue LESS than last years revenue.

[hazl] 26/9/2016 15:18

I disagree.
Since they have paid more attention to marketing things have improved here,you can see that by the financials.
Whilst it is still a gamble,I don't think its fair to tread on any rise.
The only thing that perhaps I would comment on is lack of cash.
The company is certainly gaining more contracts and increased its visibility in my opinion.

IMO

[frjdnverijtnhj8568934] 26/9/2016 14:58

Oh here we go. The obligatory "new business update".

Just be very careful here. MDZ do this regularly, updating the market on new business. The impression is things are getting much better. However as anyone who works in a small business knows you need to keep winning new business just to keep standing still because current business is being completed all the time.

Be careful. Do not get sucked in. MDZ have been updating the market on exciting new business wins for a decade and look what has happened to shareholder value.

[knicol46] 21/9/2016 10:59

on the move share price +5%

[knicol46] 20/9/2016 10:01

ticked up, AGM tomorrow, nearing next offer

[knicol46] 06/9/2016 14:33

Positive cash resources - taken from annual report..
'the company will generate sufficient cash resources to meet its liabilities as they fall due over the 12 month period from the date of the approval of the accounts. '

The directors have obtained a letter of support from a shareholder who has provided a loan to the Group totalling £250,000 at 31 March 2016 (2015: £250,000) stating that they will not call for repayment of the loan within the 12 months from the date of approval of these financial statements or, if earlier, until the Group has sufficient funds to do so.

AGM 21 Sep - they may release positive news is the lead up to have something positive to focus on. Good luck all

[frjdnverijtnhj8568934] 12/8/2016 08:46

$248,000 loss reported.

There is the usual optimistic sounding stuff in there as always. They are targeting some kind of profit after tax this year. I do not think that is enough after all these years and all these placings. It needs to be a meaningful profit that you can apply a PE ratio to. There are hundreds of other companies out there that have that.

Still a weak balance sheet with a letter required from a major shareholder saying they will not call in their loan.

Just be careful.

[hazl] 12/8/2016 07:46

Best ever financial results with turnover of £3,144,000 and EBITDA profit of £58,000 before non-cash share option based charge of £139,000

- 26.6% growth in turnover year on year due to a combination of new business and expanding project work with current client base

- ' Increase in recurring revenue streams following strategic targeting of this area to allow for greater visibility of future earnings

- Improvement in average gross margin to 42% (vs 32% prior year) largely as a result of improved recurring revenues

- Second Rockar Hyundai dealership at Westfield Stratford successfully completed in December 2015

- New clients including Specsavers, Adidas, Diesel, Mamas and Papas, UGG (Deckers Brands), Farrow & Ball and John Lewis Partnership

- Won two major industry awards: Retail Week Digital Store of the Year award for the Hyundai Rockar dealership at Bluewater shopping centre and also the prestigious Flagship of the Year award from Point of Purchase Advertising International (“POPAI”) in partnership with Dalziel and Pow.'

ADVFN NEWS

[knicol46] 11/8/2016 08:11

Results and contracts update due out today or tomorrow - good luck all!

[hazl] 09/8/2016 15:45

“As above link .........
'Topshop have worked with MediaZest over the past couple of years, and continue to work with them on a regular basis. MediaZest are a fantastic company, thorough in all aspects of their service, going the extra mile for their clients.”

I really hope this little firm make it.They have struggled over the years but were one of the first that I was aware of with this innovative technology.
They lacked the marketing skills initially,in my opinion but have improved since getting somebody in that area a while back.

Have to wait and see how they fare.

IMO