Mediazest Share Discussion Threads

[russman] 27/7/2019 09:08

So 90k net profit at the interims.
I have no idea what market expectations are.
Shall we say my expectation is not very big.

[russman] 08/7/2019 09:04

So I presume MDZ will report another loss.

[frjdnverijtnhj8568934] 08/7/2019 07:26

Another absolutely meaningless trading update out this morning. What a shambles.

I'll assume the company is still loss making, has very little cash and another placing is on its way!

[frjdnverijtnhj8568934] 21/6/2019 11:39

I have some news which on the face of it, looks shocking.

EP&F Capital have written down the value of their MDZ stake by a massive 67%!

They were valuing MDZ shares at 0.067 pence.
Since Jan 2019 these are now being valued at 0.023 pence which is a quarter of the current share price!

Its been written down from from £17,877 to £5,959. Check page 19 of the recently release EP&F Capital accounts which can be freely viewed on the companieshouse.gov.uk website.


As we all know by now EP&F is the other company we know off that is controlled by Lance O'Neill and his opaque offshore company City & Claremont Capital Assets.

EP&F Capital still hold their 26,448,571 according to the Mediazest website. This has recently been updated with the InUrFace (Jarvis Investment Management shareholding) so we know its up to date.

It makes you wonder. How can MDZ place shares at 0.1p in February this year when EP&F Capital PLC , who are controlled by the same party, value the shares at only 0.023p in their accounts?

[russman] 21/6/2019 06:55

The nominal is 0.1p per share.
The quick ratio is critical.

[frjdnverijtnhj8568934] 18/6/2019 09:53

Well with the O'Neill/CCCAL controlled EP&F valuing the shares at 0.023p that equates to a valuation for the entire company of just over £300,000 which to me is still too high but is much closer to fair value. The recent placing was at 0.1p which is FOUR times more than EP&F are valuing the shares!

It begs the question who on earth is subscribing to these placings? Obviously no independent 3rd party would put a penny into this junk. So its related parties obviously and I'm coming round to the idea it is simply employees subscribing. They each put a small amount in but get it all back as salary. That makes sense since its what O'Neill is doing so why not the companies employees? The unfortunate thing is the placing price therefore does not reflect the value of the company in my opinion. It inflates it because this business is barely solvent, has never posted a profit in 15 years, has a large working capital deficit, and teeters from one placing to the next. We're already taking bets on to when the next placing will be. Its inevitable there will be one coming along.

[russman] 18/6/2019 09:31

More worried how EP&F is going to get its £36K interest free loan in MDZ back.
Probably get converted into shares at 0.1p because MDZ have not got any cash.
Still no disclosure from Lance about his "relationship" with CCCAL.

[frjdnverijtnhj8568934] 16/6/2019 21:32

I'm shocked.

How can MDZ place shares at 0.1p in February this year when EP&F Capital PLC , who are controlled by the same party, value the shares at only 0.022p in their accounts?

[frjdnverijtnhj8568934] 16/6/2019 21:21

I have some news which on the face of it, looks shocking.

EP&F Capital have written down the value of their MDZ stake by 67%!

They were valuing MDZ shares at 0.067 pence.
Since Jan 2019 these are now being valued at 0.023 pence which is a quarter of the current share price!

Its been written down from from £17,877 to £5,959. Check page 19 of the recently release EP&F Capital accounts which can be freely viewed on the companieshouse.gov.uk website.


As we all know by now EP&F is the other company we know off that is controlled by Lance O'Neill and his opaque offshore company City & Claremont Capital Assets.

EP&F Capital still hold their 26,448,571 according to the Mediazest website. This has recently been updated with the InUrFace (Jarvis Investment Management shareholding) so we know its up to date.

hxxp://www.mediazest.com/about/investor-relations/

[russman] 05/6/2019 16:48

Well URF do not have the cash.
Could leverage up to the hilt.
But frankly, why bother with MDZ.

[ochs] 04/6/2019 11:08

Not looked at this recently... but I notice 'In Ur Face Media Limited' now holds 10% (as of 23 April) and had been gradually building up to that level for a few months.

Seems they are based in Bristol, but I'm not sure why they have invested in MDZ? Could there be some corporate activity soon? Market cap is about £1.25M, so could be an interesting shell - espec if that drops below £1M.

It seems they are involved in 'digital signage'.

[russman] 23/4/2019 18:09

MDZ is quite a clean shell.
Obviously have to "eradicate" Lance family overheads,

[russman] 18/4/2019 10:26

Not sure why the price is sagging at the moment.
I thought Lance had found another "friend" to prop up the shares.

[russman] 25/3/2019 08:47

MDZ is predictable if nothing else.

[frjdnverijtnhj8568934] 25/3/2019 08:09

There's your answer. They will post a loss again. They always do! 15 years since IPO and 15 years of losses. Wasn't this year supposed to benefit from business carried forward from last year.
he RNS sounds desperate. Cost cutting reads to me like the current year is going to be worse than usual.

[russman] 07/3/2019 12:21

Do you estimate MDZ will make a net profit this year.

[russman] 28/2/2019 17:10

Still looking for 50m shares.

[tomboyb] 27/2/2019 15:06

turned blue -

a couple 5 mill trades

[russman] 22/2/2019 12:52

You could buy cheaper than the "rights offer".

[frjdnverijtnhj8568934] 22/2/2019 10:59

hxxps://www.shareprophets.com/views/41148/mediazest-placing-announcement-contradictions-everywhere

Bargepole - sell rating reaffirmed by Shareprophets.

[russman] 22/2/2019 09:25

Lets see which existing shareholders participated.
No - let me guess.

[frjdnverijtnhj8568934] 22/2/2019 07:25

LOL so predictable.
Placing at 0.1p. That will tide them over for a bit.
Blaming BREXIT now.
Feel sorry for anyone who still holds this.

[russman] 24/1/2019 12:02

Cash is low.
Gearing ratio is high.
Have to do a consolidation.

[rocka999] 23/1/2019 14:47

Andre, they can't dilute any further as the share price is at its nominal value, they either make a profit now or borrow more money

[andre] 23/1/2019 13:29

Time for a fundraise now. Empty your pockets for them again. Or he'll more likely they'll just dilute your holdings again to save you the bother. Not that I'm cynical or anything. All IMHO