Mediazest Share Discussion Threads

[frjdnverijtnhj8568934] 18/9/2018 12:24

I've read it again and I can't see anywhere where it says they have made a maiden profit. As I just posted what this lot release in trading updates doesn't usually match up with the hard numbers. The risk/reward ratio is still terrible and this is not a sensible investment for anyone given the 20% shareholder has just sold out and the offshore company that runs this is completely untraceable to any known domicile.
This is the kind of stock for people who like betting on the gee gees.

[michaelmouse] 18/9/2018 12:02

post 793 - "michaelmouse where does it say they have made a maiden profit."

In this mornings trading statement it says so quite clearly. Have you read it?



"As expected, the Group had a strong performance in the first quarter ended 30
June 2018, with Turnover of approximately GBP990,000 (2017: GBP563,000) and Net
Profit of GBP75,000 (2017: loss of GBP127,000)."

"As a result, for the half year ending 30 September 2018, the Board expects to
report revenue in the region of GBP1.8million (2017 GBP1.3million) and a maiden Net
Profit for the Group of approximately GBP90,000 (2017: loss of GBP149,000)."

Since only two weeks of September remain before the half year end, I'd imagine they've a pretty good idea of revenues and profits.

The company may not appeal to you (and that's your prerogative), but it appears to be making good progress and the recurring revenues are clearly helping significantly.

It'll be interesting to see the current balance sheet, but it's a tiny market cap company and hence the risk/reward ratio is looking increasingly favourable towards success imo.

[frjdnverijtnhj8568934] 18/9/2018 10:45

michaelmouse where does it say they have made a maiden profit. All it says is they expect to have one based on unaudited accounts. Look how accurate the expectations were last year based on unaudited information.

This is still not an investment. Certainly not a sensible one. Even if they do miraculously post a full year profit in the order of 100K it will still be chronically overvalued based on the working capital deficit of £1M and the complete lack of confidence anyone but the most blinkered can have that any profits here are sustainable. This remains completely uninvestable.

[daicaprice] 18/9/2018 09:18

Starting to move now, I’m expecting .15p to go today.

DC

[michaelmouse] 18/9/2018 08:05

The indeed comment is for post 788.

Post 789 - They HAVE made a maiden profit (not may make) and cash is not mentioned so we don't know the cash position. This mornings trading update is a step change for MDZ particularly with the recurring revenues and tiny market cap.

Still speculative yes, but great trading update.

[michaelmouse] 18/9/2018 07:58

Indeed. I notice that the spreadbetters/CFD providers are now stating the percentages of traders who lose money (I assume they're obliged to do this now?). One I've noticed states that 76% lose money. Quite staggering and frightening really particularly with the backdrop of a bull market that's been running for at least 10 years or more. You'd think it'd be impossible to lose money over this time! That's the danger of little knowledge, short termism and blindly following hints and tips.

Aimho of course.

[russman] 18/9/2018 07:53

Lance's same old record.
MDZ may make a "small" profit.
But still burning cash.

[mrphiljones] 18/9/2018 07:17

Traded to death like 99% of all AIM stocks nowadays,people̵7;s idea of a hold term hold is now about 45 to 90 minuets......

[michaelmouse] 18/9/2018 07:08

If MDZ continues to improve those recurring revenues then the business will be transformed from a serial disappointer to a nicely profitable media minnow.

[michaelmouse] 18/9/2018 06:41

Excellent trading update this morning where they are reporting a maiden net profit alongside a big leap in revenues. Tiny market cap and I'd expect the share price to move up significantly this morning:-



;)

[frjdnverijtnhj8568934] 31/8/2018 21:20

vilage_idoit

Good evening sir. Theres a few rebel EP&F shareholders about of which I am one. I've sent you a private message since I don't have a twitter account.

[russman] 28/8/2018 08:18

The rebel EP&F shareholders email still works epfshare at gmail.com

[vilage_idoit] 25/8/2018 05:54

Can those who were shareholders in EP&F please DM me on Twitter? I have read the old website and story behind Lance O'Neill.

Thanks.

@vilage_idoit

[the_merlion] 24/8/2018 10:36

Hallett at 2.78% only now, trigger I was waiting for to buy in this morning.

No seller = No pressure on book.

[russman] 24/8/2018 09:38

MDZ Related party transactions in this years Annual Report.
Loans more loans, bigger loans.
Need to raise some cash soon.

[dave4545] 23/8/2018 13:17

Suspiciously looks like they are already agree a placing and the mm's are working some of it on before it's announced.

[russman] 23/8/2018 10:44

Big blocks on offer.
No takers in size.
Must be CCCAL taking up the slack.

[russman] 22/8/2018 12:50

Hallet looks like another mug.
No idea why he got in this deep.

[frjdnverijtnhj8568934] 22/8/2018 12:30

Hallet is continuing to sell down. Now at 12%.

CEO Robertson has really pushed the boat out and bought £5000 worth of shares. That's a small fraction of his annual salary. I wouldn't call that a positive sign.

[russman] 21/8/2018 11:54

Moore Clayton is the link.
FCA suspended them circa 2009
So Lance has got some muscle behind him.

[russman] 18/8/2018 10:18

Buy a co with a lot of goodwill for 500k e.g media
Float on aim for 4m; but not enough takers.
Take the spare into your personal shell holding.
Siphon off loans, emoluments, expenses, salaries etc.
Lance is not as daft as he looks.

[frjdnverijtnhj8568934] 17/8/2018 13:13

Russman I think the trend has been to pay down the loan from part proceeds of placings. Even though the interest on the loan is 12% from memory I doubt Lance feels confident holding a sizable loan in this hopeless business.

The trading update at end of May said £200,000 of net profit would now be booked in 1st quarter of this year. Todays, typically rampy, results say unaudited accounts for 1st 2 months show £37,000 profit. That implies not much benefit from the delayed projects to me. Odd they didn't qive the 1st quarter financial position or even the 4 month position since we are now in the middle of August. Since this company does not deserve the benefit of the doubt I'll confidently predict the 1st 2 months are not representative.

[russman] 17/8/2018 11:22

More shareholder loans aka CCCAL (Lance)

[clocktower] 17/8/2018 11:19

And that £38k was at the end of March after having raised £70k a short time before, so when do you think the next RNS will be?