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MRM Metrodome Grp.

0.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Metrodome Grp. MRM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.25 0.25
more quote information »

Metrodome MRM Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 12/8/2011 07:45 by 5harold
Possible dividend next year they hint.
Posted at 16/8/2010 08:42 by rheiner
Acquisition of Target



TIDMMRM

RNS Number : 0883R
Metrodome Group PLC
16 August 2010

?
16 August 2010

Metrodome Group plc

('Metrodome' or the 'Company')

Acquisition of Target


Metrodome, (AIM: MRM), the independent all-rights distributor, is pleased to
announce that it has purchased the entire issued share capital of Target
Entertainment Limited ('Target') a wholly owned subsidiary of TEGL Limited
('TEGL').

Founded in 1998, Target is a TV distribution rights management business. It has
a broad international network and a substantial catalogue of rights across a
broad range of genres, including drama, documentary, comedy and kids'
entertainment.

Target's turnover for the year ended 31 December 2009 was GBP13.8m. Target made
a Loss Before Tax of GBP727,000, after exceptional items of GBP438,000. Gross
Assets for the same period were GBP2.8 million. The majority of the loss in 2009
was attributable to reorganisation costs and interest on borrowings, with EBITDA
for the same period showing a loss of approximately GBP70,000.

The total consideration for Target is GBP800,000 of which GBP400,000 is provided
from the Company's resources with the remaining GBP400,000 being provided by the
issue of 4% Loan Notes, convertible by the holder at 2 pence which equates to
a premium of 45% to the mid market price on 13 August 2010. A further GBP700,000
of Loan Notes have been issued on identical terms to provide working capital for
the Enlarged Group. All of these Loan Notes have been subscribed by Mark
Webster, Executive Chairman of the Company.

As Mark Webster is both a Director and significant shareholder of the Company,
the Acquisition and the issue of the Notes are considered to be related party
transactions for the purposes of AIM Rule 13. The Independent Directors, having
consulted with Charles Stanley, the Company's nominated adviser, consider the
terms of the Acquisition to be fair and reasonable insofar as the Company's
shareholders are concerned.

Mark Webster, Chief Executive of Metrodome, commented:

"I am delighted to have completed this acquisition of Target, which was ranked
by Broadcast Magazine as one of the top five most used distributors by
independent producers. Target will provide the Company with penetration into a
well established TV distribution library with circa 6,000 hours of content. As
such I am confident that the strong global network of relationships will form
the basis of Metrodome's future strategy of becoming a diversified media
business, and furthermore will strengthen and enhance future earnings for the
Company."


For further enquiries:
+----------------------------------------------------+--------------+
| Metrodome Group plc
Posted at 13/10/2009 10:58 by figure6
m4us I had only seen the 1.3p 150K sell but I agree the 1.5p 250k would have been a buy, as is the 1.62p trade on the LSE.Much more buying and we will see a share price rise again as it doesn't take much to move mrm.
Posted at 13/10/2009 07:28 by moreforus
we had an aftermarket 100k buy reported...

over 1 million shares traded yesterday - buys and sells MRM is definitely more liquid now
Posted at 08/10/2009 14:20 by moreforus
they have a strategic shareholder who may gobble up the rest of the co - they could buy back shares (need their cash though), i owned another stock which was taken over by a stratgic shareholder but MRM are not distressed - they are he opposite , making money ie a profit so are not really vulnerable and dont need bailing out.

someone just bought 50k on plus at full ask...
Posted at 08/10/2009 14:12 by figure6
Are there any competitors out there that may bid for MRM at these low levels that you know of m4us?
Posted at 08/10/2009 11:42 by moreforus
agree but its good to see buyers came in at the low .. still oversold - look at GAS today with the right chart signal..MRM is totally illiquid
Posted at 10/9/2009 07:29 by moreforus
tivoli compare mrm to sym results just out

they make biodegradeable plastic bags and their stock has rocketed since april from 2p to 12p yesrterday giving them a mkt cap of 13.5 mill

they moved from a loss of 150k to h1 profit of 400k, their revenue increased by 60% to a pa of 7 mill.

this gives it a p/e of 16

mrm mkt cap currently is 3.2 mill its stock has fallen from ajune high of 2.625 mid to 1.75 mid

they moved from a loss of 150k to profit of 160k with a 30% increase in revenue to annualized 9 mill.

this gives a p/e of 9.8

which one is undervalued overvalued - what upside potential does MRM have - we know they have had a good h1 most of the decent releases are only coming to dvd in h2, we also know that the profit was less due to them hiring more staff to expand ie grow the business. The management turned round a loss making co to profit making co and grew revenues 30% - do you think that makes them good or bad management?

i think mrm suffers from only having 3 mms and a microscopic trading volume - as soon as there is any (ie 50-100k plus) buying interest the stock will start to climb - it was marked up on results day - there were sells into the spike and sells yesterday..the same happened back in march but then people started to buy, hopefully we start to get a repeat of that pattern as mrm are certainly a better safer bet than they were 6 months ago.
Posted at 28/8/2009 14:05 by moreforus
that's a bit cheeky isnt it?

GAS tripled
CDN 4 times
MRM up 75%
CLEA tripled

MRM has the potential to 2-3 bag from here - the company just inreased revenues by 30% and bought in a maiden profit in the worst economic conditions since the early 90'... think about that for a few moments, think about what that says about the quality of the product, quality of the management and what they can achieve when there isnt a recession!!
Posted at 27/8/2009 08:38 by moreforus
morning pop picfers mrm straight in at number 3 on risers list....

London Stock Exchange Gainers Percent Gainers Losers Percent Losers Volume Trades Smallest Spread Largest Spread Price x Volume 1 ยป 2 3 4 5 6 Last Page


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Symbol Name Cur % Chg Change News
1 NRRP North River 8.00 106.45 4.13
2 OPM 1Pm 0.24 45.45 0.08 A
3 MRM Metrodome Grp. 2.25 38.46 0.63 A
4 MERE Matrix Eur 53.00 19.10 8.50

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