Tinopolis Share Discussion Threads

[mam fach] 10/5/2008 11:48

Still think company is full of potential and worth more than this.Never the less it is a credit to the Tinopolis board that they have agreed a deal in the current economic climate.Pity that its the takeover company who will reap the rewards.

[toptrump] 09/5/2008 23:11

Done deal - 55% acceptance via management, schroders and other major investors from what I can see.

Seems to be the trend with media co. RDF following suit. Cannot compete with the likes of All3Media with their private equity investors, devouring litlle indies in their sight. I wonder how long it will be before others join the parade.

I like many others feel that this share could have done better, but with climate as it is, and most investors seemingly in for the short term - no stability in price, hence difficulty for acquisitive growth.

Keep an eye - as a private traded co. this will see phenomenal growth in next year or so - watch this space!!

[robsy2] 09/5/2008 16:52

It looks like a good deal at 45p. I dont see another bidder. It all looks done and dusted . Maybe the buyers are good mates of the sellers. If Jonesy and co support it , the deal will go through.For me personally its been great in at 24 just before the results out at 43ish, only selftrade doesn-t work this afternoo so I-ll leave it till Monday.

[mam fach] 09/5/2008 16:19

Surely at 45p Tinopolis is undervalued?Is there a possibility another offer might appear.

[lyndus] 09/5/2008 15:20

Best Question Time we have seen for a while.Agree James Purnell was pathetic,obviously no one else from the Labour Party wanted to appear.Boris Johnson's sister was not as fluent or charismatic as her brother.Piers Morgan was like a party political broadcast for the Labour party.Can't fault the old stagers.

[sandbank] 09/5/2008 13:23

QUESTION TIME: Glad to hear about the take over. I hope it happens - although there's many a slip twixt the cup and the lip - especially in the media.

If the take over happens perhaps Question Time will then be sharpened up.

Boris Johnson's sister was on the programme last night - but, unlike her brother, struggled to string a coherent sentence together.

We also had to endure the ego of sacked Daily Mirror editor and aspiring tv pundit Piers Morgan spewing bile against Boris Johnson and David Cameron whilst defending the indefensible Gordon Brown claiming he is the outstanding Chancellor of this or any other century - or words to that effect.

We also had the usual reams of parish announcements from Dimbleby - although, to be fair, he did nail the glib but inexperienced Labour cabinet minister James Purnell - whose knowledge of political history seems scant indeed.

Menzies Campbell bravely called the end of the credit crunch but, on the subject of referenda, suffered a bout of political Alzheimer's about his own party's cynical manouevering to deprive the British public of a vote on the European constitution. Pity Dimbleby failed to pick up on that.

[gurp] 09/5/2008 12:04

& some peops selling, + dealing charges, below 45p???
very remote chance it doesn't come off even though 'agreed'

[iaso] 09/5/2008 11:46

Question from a relative novice to this field. Why are the bid AND sell prices not 45p given the news this morning?

[ludlow3] 09/5/2008 11:17

ig . have a look at mdw.should go to 20p.my thoughts

[ludlow3] 09/5/2008 09:50

ig . yes very happy for you . and afd now going to go to over 250p. have a very nice weekend. i am hols back about 15th june or might stay longer.

[igdavies] 09/5/2008 09:08

Where's Ludlow. Great news, now maybe this co. can go on to bigger and better things, but at least have given us a decent, not fantastic! return of investment

[toptrump] 09/5/2008 08:46

Got in at the right time! Nice little earner. Where's Ludlow?

[gurp] 09/5/2008 08:43

mam fach - there's yer fire!

[iaso] 09/5/2008 08:41

Interesting how no news of these dicussions made it out before the RNS today. Anyway, I am not complaining about 45p.

[blued] 09/5/2008 07:37

Offer in at 45p a share

[toptrump] 27/4/2008 13:30

Interesting to see the developments at RDF - looks like they are taking the co. private. Seems like a good idea, looking at the poor valuations placed on media co! May make the city sit up at take note - wonder if other media co. will follow suit?

[toptrump] 24/4/2008 18:59

Nice little rise in the share price today!

[mam fach] 23/4/2008 16:43

No more news regarding Daily Mail report,no interest on BB either.Pump and dump effect has been minimal so much for the old adage there is no smoke without fire.

[lyndus] 14/4/2008 10:24

Looks like there is no substance to Daily Mail article.No trades on Friday and none so far today.

[mam fach] 11/4/2008 15:27

Following the Daily Mails report last week of a private equity firm looking @ Tinopolis ,would this mean they have access to the company accounts?If so would we expect an announcement from the company?Can't remember the exact wording in the Daily Mail.Question is where have they had this information and more importantly is there any truth in the rumour.

[igdavies] 11/4/2008 14:10

Trends favour TV producer Tinopolis - BUY
Companies: TIN
31/03/2008

Following the relatively recent arrival of digital television, there has been a huge increase in the number of TV channels available to anyone who has satellite, cable or even just a Freeview digital set-top box. Broadcasters such as the BBC, ITV and Channel 4 have added several additional digital channels during the past few years, while a number of smaller broadcasters have launched their own, often highly specialised, channels in order to take advantage of the digital TV phenomenon.

While many channels simply broadcast pop videos or repeats of programmes originally aired many years ago, there are a few that require new programmes targeted at the kinds of audiences these new channels are trying to attract (think BBC3 or BBC4). Of course, this means an increase in the trend for outsourcing TV programme production, which is good news for companies like Welsh independent media business Tinopolis.

With its headquarters in Llanelli, Tinopolis is actually a group of companies with production centres in Cardiff, Glasgow, Leeds, London and Oxford. It produces a variety of TV programmes, including drama, current affairs, documentaries and sports programming, as well as interactive content for customers in both the public and private sectors.

Last year, the AIM-quoted group managed to achieve organic revenue growth of around nine per cent in spite of a fall-off in UK commissioning during the latter part of 2007. Pre-tax profits more than doubled to £2.7 million, while net cash flow generated from operating activities increased to £5.7 million from just £1.8 million the year before, prompting house broker Investec Securities to dub the group 'Cashopolis'.

Tinopolis has done well while others in its industry have been struggling and the immediate future for the group looks very bright indeed. The company has strong revenue visibility with a very high percentage of its planned sales already contracted. Moreover, its wide range of customers and lack of dependence on any one contract mean that the business offers prospective investors some defensive qualities.

One particular contract it will have been pleased to renew is its arrangement with the BBC to produce Question Time. Last year, Tinopolis beat 14 other independent producers to win a new three-year contract worth £5.5 million to produce the flagship current affairs discussion programme.

Elsewhere, Tinopolis continues to produce editions of Channel 4's Dispatches current affairs programme and coverage of sporting fixtures such as the Grand National for the BBC from 2008, as well as various dramas and docudramas for ITV, Channel 4 and others. In terms of forecasts for this year and beyond, Investec expects Tinopolis to deliver a 96 per cent increase in pre-tax profits to £5.3 million in 2008, increasing by a further 32 per cent to £7 million next year. On a 'per share' level, these translate to 3.8p and 5p respectively, which makes the group's current share price look very cheap – especially when one considers the £11 million net cash (equivalent to 11.5p per share) that Tinopolis had on its balance sheet at the end of September.

Given management's propensity for share buybacks – with the group having bought back 4.65 million shares last year (at an average price of 39.9p no less) – Tinopolis is an enticing prospect. With the group currently rated, from an enterprise value point of view, at less than four times forecast earnings for this year, we think its shares are well worth buying.

[toptrump] 09/4/2008 11:11

No news from what I can see in the papers, and no comment made from th company so who knows?

[iaso] 08/4/2008 21:04

Well, if there is a private equity player looking at TIN its not having an impact on share price. Any idea who this may be?

[toptrump] 08/4/2008 15:08

Geldof group wins Teachers TV contract

A consortium including Bob Geldof's independent production company, Ten Alps, and ITN is to retain the Teachers TV digital television contract after today being named as the government's preferred supplier.

Education Digital 2 is now in final talks with the Department for Children, Schools and Families over the £50m five-year contract to provide news, information and resources to people who work in schools once the current contract runs out in August.

The last Teachers TV contract was held by Geldof's Education Digital consortium, which also included ITV. The broadcaster is not part of the Education Digital 2 consortium.

Education Digital 2 has won through against a bid by a consortium including Channel 4, Question Time producer Mentorn and the Guardian and led by Lord Puttnam, the Channel 4 deputy chairman, and ITV arts controller and South Bank Show presenter Lord Bragg. The Guardian is part of the Guardian News and Media, which publishes the MediaGuardian.co.uk website.

The Open University was also reported as being involved in a bid for Teachers TV, which is tasked with raising standards in schools by airing news and debate from the education sector and offering access to TV-based classroom resources.

Jim Knight, the schools minister, said of the decision: "The next few years will be an exciting time for the Teachers TV service. We will build on the existing success of the channel and begin the important transition to a service which will take full advantage of the opportunities presented by on-demand and web based delivery."