One Media Ip Share Discussion Threads

[spin doctor] 24/4/2022 16:34

Thanks yump

Simplistically, income in dollars, spend in pounds. Looking at Forex data, looks like the revenue hit was 5-6% (period oct20-21 vs 19-20). There had also been a significant adverse movement in the year prior (ie oct19-20 vs 18-19).

For this half year (oct21-mar22), the move has been a few % favourable. Swings and roundabouts of course, and the future course of exchange rates is entirely uncertain, but this half year, ending this week and to be reported July, will certainly benefit.

New Cenkos note out and freely available after ResearchTree registration, indicating steady revenue and profit growth to 24. Not blow the doors off stuff, but steady growth within an industry uncoupled from most of the economy and relatively resilient to World events.

[yump] 24/4/2022 10:37

I’ll updat the header this week particularly the NAV data.

[yump] 22/4/2022 15:43

9p target takes a huge amount of trading experience and original thinking to arrive at.

Sarcastic, me ?
;-)

[yump] 22/4/2022 15:41

Spin Doctor

I’ll check the currency movements - hadn’t really gone into detail.

[microscope] 22/4/2022 15:27

Fair play to, I guess one of the transients here, 43,196 bought early this morning at 6.94, sold at 7.25 this afternoon.Hope your commission wasn't too high :)

[qs99] 22/4/2022 14:52

have bought a few today. like the update, and business model, now yield....DYOR

[spin doctor] 22/4/2022 13:51

Yump, operational leverage was effectively eliminated by adverse UKP/USD movement; currency movement has reversed since.

[spin doctor] 22/4/2022 13:49

Trading this? Gee, surely not. Illiquid and big spread, particularly in volume. The only positive thing I can say is that it'll create a buying opportunity when the traders head for the door.

[caucic] 22/4/2022 12:03

#AFP #BIRD #GDR #INX #LST #NSCI #OMIP #PUR #POG #SCGL #THX via
@VOXmarkets

[cheshire man] 22/4/2022 11:50

9p TP from Zak I see

Zak Mir
@ZaksTradersCafe
·
6m
Traders Cafe with Zak Mir: Bulletin Board Heroes April 22 hxxps://voxmarkets.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-april-22-50832cf #AFP #BIRD #GDR #INX #LST #NSCI #OMIP #PUR #POG #SCGL #THX via
@VOXmarkets

[clocktower] 22/4/2022 11:38

I guess they will be needing more money to purchase a few more artists, to keep the growth going and profits ticking up. At least any additions do not add very much to the cost base, which adds value in itself.

[yump] 22/4/2022 11:34

The valuation is a bit daft.

I wonder whether the share price doldrums is partly because it was (I thought) likely to be a growth stock.

It looked possible that gearing would kick in to propel profit growth significantly faster than revenue growth, but that is not happening.

So its now a value stock based on NAV ?

[microscope] 22/4/2022 08:53

I talked myself into it yesterday and bought a tiny initial stake. There was very little stock around. Glad I did. The 17p per share valuation is the key really, as others of you pointed out previously (thanks Harrogate and Spin). The almost 35 million (conservative) valuation accounts for about 15.5p of that.Even if we were to trade at a lousy half of 17p it would be 8.5pThen you've got net cash, profits and TCAT making up just about 1.5p per shareSo TCAT really must be valued at, at most, about 1.5 million. In itself ridiculously low.Share price imho should be well into double figures even on modest calculations.Hopefully brokers will revise upwards share price targets and we get some media comment in days to come.

[harrogate] 22/4/2022 08:51

Hi. Major holders are listed at 56% per the website. There are certainly a few more decent sized holders sub 3%. But it depends what you want to buy. I just bought 100,000 shares without any trouble at just below the quoted price.

[sapporo59] 22/4/2022 08:33

I am new to this stock, and love the biz model.

The shares seem to be tightly held and not many shares liquid, am I right?

[harrogate] 22/4/2022 08:14

Yes what we need now is to get TCAT funded so the value of that can be understood and then as you say a press article - specifically ST - picking up that valuation gap. Stage one in place. Let's hope the message gets out here as of course it would be very dilutive to raise cash at this price for new content when it costs us twice as much to buy. So it keep growing beyond the use of the current cash we need to have a higher share price

[caucic] 22/4/2022 08:00

In at 6.94 with 3k

No brainer imho

[spin doctor] 22/4/2022 07:49

Clock, you may well be right. But if so I'll buy the dips.
Like the indept valuation. Stark sp-value mismatch may well prompt media comment.

[clocktower] 22/4/2022 07:19

Good Luck but nothing exciting and I cannot see much movement upwards, in fact I envisage a little slide before very long, even if we see a little bounce today.

[microscope] 22/4/2022 06:57

Valuations far exceed purchase prices. Yes, I like the sound of that. Very decent performance overall and strong recurring revenues. TCAT on track too. After this round of funding, suspect will be floated as a separate entity. Should be a good year ahead.

[harrogate] 22/4/2022 06:16

So there we have it. An independent valuation of the catalogues suggests a value of 35m on them at a multiple of 12.5 of NPS. That is quite exciting I think and what we have all been trying to get at. It produces a net asset per share of 17p. Not sure the RNS produces this number clearly enough in the first few paragraphs but let's hope the message gets out there. Now let's get TCAT funding done and we might be off to the taces

[spin doctor] 21/4/2022 16:56

Tomorrow unlikely to be exciting. The historical numbers have been well flagged. If the TCAT sale had closed (or failed) I wd have expected an RNS. And OMIP fwd looking statements are not excessively effusive, tho I would note the favourable exchange rate, and lesser cash drag that will positively impact the current six months - that ends in a week and is reported July.

[microscope] 21/4/2022 11:10

Thanks for the replies, although I've not been a holder for some time now, I am interested at these levels.As you've said, the results have already been flagged up, so I suspect the current trading and outlook will probably be of greater interest, together with the balance sheet of course.If they float TCAT or mention plans to do so, the upside would be substantially greater than 30pc imho!!