One Media Ip Share Discussion Threads

[the shuffle man] 06/12/2022 16:44

Sale must have been from a bored holder. There is no liquidity so a sale of less than £4k has knocked the market cap down disproportionately. Lets hope for some good news as it can also go back up very quickly.

[clocktower] 06/12/2022 16:21

Big sell off today and below what was the offer I noticed. Lack of news being the issue I expect. We might hit new lows before long as bored investors exit.

[clocktower] 02/12/2022 09:23

I last popped onto the thread in July - pretty gloomy looking - I just though I would have a look at what was available online and - surprise surprise plenty of stock on offer below mid price - so bar outstanding news one can only assume this has further to fall once again, as I guess the exchange rates might have continued to impact the company and as for all the hopes about TCAT that seems to have gone up in smoke sadly.

The earnings dividend wise have not been anything to help the share price either, so I fear another drop to or below former lows in the near future, and as you say Harrogate the lack of consistency does not leave one brewing over with confidence.

[harrogate] 01/12/2022 07:36

Trading updates were 9th November in 2020 and 30th November last year. Not just with OMIP but I find this sort of lack of consistency irritating in a listed Company. If you get into the habit of providing an update before end of FY then don't suddenly stop. Let's hope there is a reason for it and they are putting some finishing touches to some TCAT news. We need some.

[spin doctor] 30/11/2022 22:53

Yes TU expected soon.
Positives: Sterling off ~9% comparing full years, incremental growth (at market level) in streaming income, some moderation of 'cash drag'; it would be surprising if broker forecasts weren't achieved. Board strengthened and debt refinanced; a solid platform for the medium term.

Negatives: Nanocap that needs to scale; I hope the Co. comments on how it hopes to achieve that. TCAT a cash hoover and non-core distraction. Disappointing that TCAT financing not confirmed; but neither has it been denied, so one assumes still 'in diligence'. TCAT needs to spin out or be kindly put to sleep.

I've added a few small handfuls recently, content with intrinsic value growth rather than an expectation of share price fireworks in the short term.

Now what will light the fire?

[harrogate] 29/11/2022 14:06

So based on last year we should get a TU in the next couple of days. Just musing what to expect. Given strong H1 and further sterling weakness hard to think we won't beat on sales but of course we are still carrying all the TCAT costs. I may be doing them a disservice but I would have thought the core activity day to day manages itself so we have quite a few on the board now and let's hope that they and the new CEO at TCAT have been busy as it has all gone pretty quiet. Hard to see what might get us treated at the moment.

[the shuffle man] 09/11/2022 18:45

Agreed so zzzzHopefully we will get trading update by the end of the month.

[yump] 09/11/2022 17:55

zzzzzzzzzzzzz

[spin doctor] 26/9/2022 12:14

Refinancing announced; not the cheapest, but clearly well covered and takes away an anxiety that next year's loan expiry would present a challenge in the currenty macro context.

[spin doctor] 23/9/2022 20:13

And then there's the forex boost. Looks like that'll be around 9% for this full year ending October 31st.

Yes there is 'cash drag'. But (a) I'd rather there was some cash on the sheet at present (ref SONG!) (b) just cos there's no RNS does not mean no small deals have been done.

I've been squinting at the 3 year share price chart. Looks like an uptrend ;.) More seriously, AIM is off over 35% since its peak a year back. OMIP very resilient in that context.

TCAT. Well it ain't over 'til the lady sings. There has been no statement contradicting previous statements that a deal is being progressed, so best guess is it is. And diligence in the VC space is in general slow at present.

Board being expanded/strengthened does not suggest a lack of corporate intent. And note the RNS "...particular focus on financial strategy and transactions, including M&A and fundraising,...".

I'm sitting tight and not holding my breath. If I need a psych boost I just look at the GBP/USD chart.

[spin doctor] 23/9/2022 19:59

USA H1 2022. No doubt slower growth H2, but nonetheless a relatively resilient market to be in.

[harrogate] 18/9/2022 16:38

Let's hope it's true and we can crack on and buy some stuff more in our sweet spot.

[harrogate] 13/9/2022 10:35

Maybe you are right. I have never for one second thought we would actually get involved in this.

[microscope] 13/9/2022 10:33

I don't think any doubt about it. Article talks about companies 'tipped' to get it, and at no point imho pretends list is in any way exhaustive.

Unless or until OMIP says differently to market, have to assume we are still involved, or why announce involvement in first place. Got to be consistent (and it's highly material whatever the outcome, either way).

[harrogate] 13/9/2022 10:08

Have we really - the article says who is involved and it is not us??

[microscope] 13/9/2022 10:02

Whilst I agree with you Harrogate, the problem is that we have 3.5 million tied up in the offer, and with the process dragging on, possibly not helped by the band personalities involved, we can't deploy that cash elsewhere, unless we somewhat meekly withdraw.So in effect other opportunities to develop the business are passing us by. 3.5 million is not inconsequential to a company of our size.

[harrogate] 13/9/2022 09:15

I doubt this was a serious offer by us. More a PR story. Can't see us wanting to use up all our cash on a deal that would be way over the NPS ratio of things we buy. Could do with something happening. Soon be a year since TCAT funding mooted and a good while since any deal.

[microscope] 13/9/2022 09:07

Let's just say our chances of a slice of the pie, are, even though the food analogies may leave something to be desired, looking wafer thin.

[spin doctor] 31/8/2022 23:16

Decent $NAV uplift over at RHM. Just over 10% on the year. Even ahead of 'spiralling inflation' !
Better still at a 1.17 USD:GBP; 1.40 a year back.

[harrogate] 23/8/2022 17:31

The living might be easy but one thing that doesn't seem to be easy is getting TCAT funded or doing any new content acquisitions!!

[spin doctor] 22/8/2022 17:01

Summertime, and the livin' is easy
Fish are jumpin' and the cotton is high
Oh, your daddy's rich and your ma is good lookin'
So hush, little baby, don't you cry
One of these mornings you're gonna rise up singing
Yes you'll spread your wings and you'll take to the sky
But 'til that morning, there's nothin' can harm you
With daddy and mammy standin' by.

[spin doctor] 20/7/2022 17:12

Cenkos (house broker) updated note. No surprises. Ongoing progress forecast. I don't think they've factored in sterling weakness (~1.23 this half cf. 1.33 for the half just reported).

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