Mediazest Share Discussion Threads

[frjdnverijtnhj8568934] 19/8/2017 12:20

Good spot Ochs. I missed that at the bottom. Makes it clearer who is selling.

I was looking at MDZ'a latest accounts on their website and noticed this -

"The Group had an outstanding loan from Shallotte Investments Limited, a shareholder of the Group, as at 31 March 2016 of £55,000 (2015: £nil)."

This is another offshore company. It's registered in Gibraltar and if you do a google search it only pops up as a shareholder in relation to 3 companies - ePrimefinancial, EP&F and MDZ. Small world eh?

Why would Shallotte loan MDZ money when the biggest shareholder, CCCAL, also controls the company via its debt to such an extent they are required to put in writing they will not call in a substantial loan within 12 months? I don't believe any independent 3rd party would make a loan in these circumstances. Related parties springs to mind.

Come to think of it why would you even take part in a share placing in these circumstances unless you were a related party? There's a noticeable lack of RNS announcements regarding shareholdings following the placings.

[russman] 19/8/2017 11:27

Nano & Micro Cap.Doubt the "related parties" can mop up that overhang.

[ochs] 18/8/2017 19:12

In the announement it mentions Marborough fund managers at the bottom - I wonder which of their funds?

[knicol46] 18/8/2017 14:30

4m buy - good volume for MDZ trade, tick up

[frjdnverijtnhj8568934] 18/8/2017 07:46

The ahem..."discretionary clients" of Hargreave Hale have sold down from 12% to 11.6%.
I've always wondered who the discretionary clients really are in these types of holding announcements.

[russman] 17/8/2017 09:01

I am suggesting the valuation by EPF has changed (downwards) this year.
EPF is a related party.
MDZ also need to disclose their company secretary. Cargill resigned.
MDZ appears to be propped up by related parties.

[frjdnverijtnhj8568934] 17/8/2017 08:28

The following is based on the assumption EP&F still hold 26,448,571 shares in Mediazest. That's the last declared shareholding and their has been no announcement of them reducing.

at end Dec 2015 EP&F are valuing their Mediazest shares at 0.05 pence (against 0.17 p share price)
at end Dec 2016 EP&F are valuing their Mediazest shares at 0.0325 pence (against 0.115p share price)

In May 2016 O'Neill/CCCAL controlled Mediazest raised £250,000 @ 0.15p but the book value of the shares in the accounts of O'Neill/CCCAL controlled EP&F at the end of Dec 2016 was only 0.0325 pence despite a then 0.115p mediazest share price.


This will certainly explain why EP&F have stopped taking part in the Mediazest placings. They would be faced with an almost immediate massive mark-down on the value of their shares. It makes you wonder how on earth mediazest have been getting these placings away,


Note the above is based on the assumption EP&F still hold 26,448,571 in mediazest. The only alternative is almost as unpalatable. That is they have been selling down their shareholding - but with O'Neill director of both companies surely this would have to be announced?

[russman] 17/8/2017 08:05

No.
Why don't you ask Lance.
He is a Director of both companies.
Let me guess - "Due to confidentiality......"

[frjdnverijtnhj8568934] 16/8/2017 15:24

Russman, That was quick work. Did that come direct from EP&F?

You have to wonder why no notes in the accounts to explain.

OK assuming EP&F still hold their 26 million odd shares the math works, more or less, for year end 2015 in that 0.05 pence is about right. That's bad enough but for year end 2016 EP&F are valuing MDZ shares at only 0.0323 pence. Now that's one heck of a haircut compared to the current 0.11p share price.

[russman] 16/8/2017 12:10

It was suggested that per cccal's guarantee the mdz investment should be valued at 0.05p.As opposed to using a "market price".

[ochs] 16/8/2017 11:55

There regularly seems to be a leak ahead of an annoucement with this company, lots of trading in the 24 hours before most announcements!

[frjdnverijtnhj8568934] 16/8/2017 09:48

ambrishbhim, Yes the company has been moving forward for the past 11 years. It's 11 years of consecutive losses and counting from the company that never fails to release fantastic news.

[frjdnverijtnhj8568934] 16/8/2017 09:44

Russman, Yes that may explain it because they have declared the value of their MDZ shareholding for the last 2 years when they did not even declare it all in last years accounts. So yes it looks very likely they were forced into this. kudos.

[amrishbhim] 16/8/2017 09:42

Products are good, see profit on longterm , company will move forward ,

[knicol46] 16/8/2017 09:36

oh well better sell then

[frjdnverijtnhj8568934] 16/8/2017 09:34

The "massive" 3M buy that kicked this rise off actually cost a mere £3,250.

With EP&F valuing the shares at only 0.0323 pence, assuming they still hold 26 million, and with CCCAL apparently able to call in the debt at any time this is a crazy investment on nearly all levels.

[livup967] 16/8/2017 09:27

have we been rerated before news of big profit...this is a sleeping giant

GLA

REGARDS

[knicol46] 16/8/2017 09:23

last traded +25%, tick up imminent

[knicol46] 16/8/2017 09:08

cant buy current offer - news leak? volume buys coming in

[knicol46] 16/8/2017 08:52

3m buy + tick up , results due

[russman] 16/8/2017 08:33

Maybe it is due to the comments I made to the Auditor about cccal's guarantee.
Lance is a Director of both MDZ & EPF which would be insider dealing.

[frjdnverijtnhj8568934] 15/8/2017 19:52

Some comment on the EP&F results (the other O'Neill/CCCAL vehicle).
hxxp://www.epfshareholders.org/epf2016results.html

I only hope Mediazest shareholders do not suffer the same fate.

[frjdnverijtnhj8568934] 15/8/2017 19:49

Russman, How else can you explain the paltry value of the Mediazest holding in the EP&F accounts. EP&F have either sold their shareholding right down, and not announced it, or they are valuing the shares at 0.0325p, a 70% discount to the current share price.

[knicol46] 15/8/2017 15:03

currently can not quote to buy at current offer