Mediazest Share Discussion Threads

[russman] 10/4/2020 08:22

62m is not significant.
Relative to the CCCAL loan.
No use as a shell without Lance.
Could flatpack it and CCCAL takes the subsidiary.
Minority shareholders have no input; they rely on CCCAL guarantee.

[russman] 09/4/2020 13:14

Depends who bought it.

[livup967] 09/4/2020 12:32

what's going on here??? is it that long awaited overhang cleared..

strange jump on such a vague RNS...
is there a buyout in progress...Hmmmmmm


or it could be nothing again as usual

we will see...

liv..

[russman] 04/4/2020 11:59

Well Lance is going to have to dig deep if MDZ are going to survive.

[russman] 21/2/2020 10:26

CCCAL can convert its loans into equity.
Its all Lance's capital anyway.
Let him try to do that to the EP&F loan.

[alexios1201] 07/2/2020 11:21

Loans to be converted at the premiumMy guess is 0.1pAlways the quiet ones which deliver nicely

[russman] 07/2/2020 08:17

Probably another delist.
Then the final looting, away from prying eyes.

[frjdnverijtnhj8568934] 05/2/2020 19:41

is this the end game?

[russman] 28/1/2020 08:08

only option is to convert shareholder loans into equity.

[russman] 20/1/2020 11:45

Say MDZ manage a small rights issue maybe 150k.
That would be a significant % of the equity.
& the dilution to existing shareholders.

[frjdnverijtnhj8568934] 19/1/2020 21:32

It's worth noting that at the current 0.045 pence share price the shares are still valued at twice what EP&F Capital, who are also controlled by O'Neill/CCCAL, value their MDZ shareholding in their latest accounts.

Check companieshouse.gov.uk for EP&F, and page 9 in the annual report for confirmation.

EP&F Capital hold 26,448,571 shares and they are valuing these at a mere £5,959 which is only only 0.023 pence per share.

see below for mdz shareholdings.
hxxp://www.mediazest.com/about/investor-relations/

[frjdnverijtnhj8568934] 14/1/2020 13:57

The net working capital deficit has ballooned by 25% to £1.25M. That's my rationale for valuing the MDZ equity at zero pence.

[russman] 28/12/2019 10:30

Jackanory, a scratched record.

[frjdnverijtnhj8568934] 23/12/2019 17:26

Not surprisingly Shareprophets have reiterated their AVOID/SELL rating on these results.

[frjdnverijtnhj8568934] 23/12/2019 15:54

These interim results today are a disgrace. A collapse in revenues and a £228,000 loss.
Fair value is zero pence IMO.

[russman] 19/12/2019 09:20

hxxps://www.alderneychamber.com/business/city-and-claremont/
CCCAL has been registered as an investment fund in Alderney.
[e-mail]
[phone]

[frjdnverijtnhj8568934] 16/12/2019 09:36

Everyone and their dog knows this!

Laughably the NOMAD doesn't seem to give a damn. Neither does AIM regulation.

[russman] 16/12/2019 09:15

Are you suggesting that cccal is an undisclosed related party?

[frjdnverijtnhj8568934] 16/12/2019 08:35

New all time low. Why is this company even listed?

[frjdnverijtnhj8568934] 16/12/2019 08:34

Why have the intangibles not been impaired. After over a decade of losses it must be obvious an impairment is required.

Fair value is still zero for me given the net working capital deficit of a million quid.

All shareholders can do is wait for the inevitable placing and see if this company will stagger on for another 12 months.

Seems a large chunk of the placing proceeds disappear into O'Neill/CCCAL's pockets every time.

Has anyone received a reply from [e-mail] yet?

[russman] 28/11/2019 10:22

And what excuse did Lance provide for the "serious loss of capital"?

[liberatingsteptoe] 24/11/2019 22:51

Live nearby, Can't vote as shares held in bank nominee account, but it's always good to see what the set-up is like and to meet the 'staff'. Added after the AGM.
LS