Tinopolis Share Discussion Threads

[robsy2] 15/6/2006 15:09

Dear Gritter
Your right! 99.45 million shares in issue.Lets re-run the figures
They have £14m cash . A good cash return of say £10million would equal 10p a share.
Then there is the strong performance of the divisions.
For year end 30.9.06
Say £1m profits from tinoplois,Mentorn breakeven, Sport £2m for the year?
(Sunset and Vine made 600k profit in just 3 months, see the accounts
We have EBIT excluding exceptionals of 3million ie. EPS 3p for year end 30-9-06
EPS at this level would support a target share price of 30-40p by year end 2006. I still see this as a buy.I can't see any downside here on in because the cash return could be significant.
What does everyone else think ?

[robsy2] 15/6/2006 14:43

My analysis is broad brush only. There may well be more costs coming through the pipeline though I would imagine that all costs associated with the takeover would have been accounted for.It is more likely we will see more cost savings coming through.
I see the situation as fundamentally very positive. There is no balance sheet risk , quite the opposite. The cash return is great news.Owning leading Independent UK production companies seems like a good place to be in the global marketplace where content is king.S4C is a steady cash cow. There are also parts of the business that can be improved. The management have come a long way in a short time since the reverse takeover 18 months ago.
Well worth backing I'd say.

[gritter] 14/6/2006 18:02

Robsy - I notice that the 1st half loss was down to paying off TVC's directors so I wonder whether the 2nd half will also bear similar costs. Otherwise I agree that the outlook is very promising as cash (after Hawkeye sale) is about 50% MV - incidentally there are 99M shares in issue.

[robsy2] 14/6/2006 09:08

Fantastic results. Strong growth in the businesses. Cash return to shareholders.
Cash return
They have £14m cash and 62.64 million shares in issue. A good return of say 15p a share would help the shareprice along.
Then there is the strong performance of the divisions.
For year end 30.9.06
Say £1m profits from tinoplois,Mentorn breakeven, Sport £2m for the year?
(Sunset and Vine made 600k profit in just 3 months, see the accounts
We have EBIT of 3million EPS 4.8p
EPS at this level would support a target share price of 50-60p by year end 2006. I see this as a strong buy.

[muffmitz] 22/5/2006 14:14

Whoosh! Machoidiot has the opposite to the desired effect! He still believes he can move markets.

[muffmitz] 16/5/2006 16:20

Look at you, you bighead! You're taking credit for the rise! How stupid can you get?

I'm personally glad that it's going up. Honest holders like myself, though, take exception when a loudmouth tries to ramp up the share. It is intellectually offensive.

Two things you must learn, machoidiot, though I shall not be holding my breath. You must learn the difference between bid, mid, and offer, or, if perchance you do, use that knowledge honestly. Secondly it is not what you say on this piddly thread that moves shares, nor indeed what I say: it is other things, geddit thicko?

[gurp] 16/5/2006 12:26

someone keen - 50k @ 1p over the ask
nice to see a blue

[mach10] 13/5/2006 16:44

Cracking post torquay! I hope you stick around and give us the benefit of your views. This thread has been plagued with deramping threadthrashers using multiple aliases who don't want to discuss the company they pontificate on. I was attracted to this company mainly as bottom feeding as it had been on my radar for a while and I felt it had fallen too far. Some posters said it would
make 40p, I had a target of 36p myself. I think it is worth hanging on as It made nearly a million profit last time and got TV corp on the cheap. Perhaps that is where the derampers have come from. The latest contract wins are an obvious bonus of course. I too wonder about the animation as this was mentioned before in the results as being a big moneyspinner but all is quiet there. This is the niggling doubt I have about the management. That's interesting about Ron Jones but perhaps Llanelli Scarlets have more to worry about than Tin holders.Your other points are also interesting but TV corp was got on the cheap- a management coup IMO.

[torquayturk] 13/5/2006 10:15

Not a holder of this share but do have other holdings in similar companies. The full year figures posted Dec 05 looked OK but the takeover of TV Corp since is something of a strange one. I wonder how Tin/Ron Jones hope to develop/enhance the TV Corp business at a distance of 200 miles plus West of where the action is. He also stated in the Finals that he sees animation as the big profit driver for the future. I have held/hold longterm positions in ERT and Cor which proves to me that this is a very difficult specialist area to crack. The business' development to this point has been in the sheltered environment of Welsh telly/S4C and I question whether they have the ability to take it foward. Having said that, Mr DeMol obviously has seen something he likes unless ofcourse his relationship with the management of the old TVC got so bad that out of spite he looked around for the most odd set up to dump TVC on. He's probably rich enough to give himself the odd treat like that.
One final point of concern is Ron Jones' ability to give full attention to this business at a time when his other great love 'Llanelli Scarlets' are going through the upheaval of building a £25m new rugby stadium and trying to sell the old ground to pay for it. You may be aware that he is the money man behind the club both in terms of his personal backing and as 'FD' and dealmaker. They are having difficulty in selling the existing ground even with planning for 400 houses as it is below sea level.
The interims should make interesting reading.

[torquayturk] 13/5/2006 08:39

Does anyone know when the interims are due ?

[muffmitz] 12/5/2006 16:13

Yabba dabba da, Mach10 the self-styled alpha male has spoken, loudly.

We should all be in awe of:


your muddled thinking, your inarticulate writing, and your non-existent arithmetic.

It didn't need me to deramp. TIN dropped by itself, I'm afraid.