Zinc Media Share Discussion Threads

[mick sturbs] 10/5/2019 12:13

Major bounce happening.

[mick sturbs] 10/5/2019 12:00

That’s the beauty of the aim casino! No one knows when is the right time. Buy and hold is what I do. Should come good long term.

[clocktower] 10/5/2019 11:55

Am I missing the biggest opportunity by not jumping in and buying a wedge?

Not sure I want to be sucked in by Mr 350/300k

[mick sturbs] 10/5/2019 11:49

Big seller being cleared out hopefully

[clocktower] 10/5/2019 11:41

Some of those look like rollovers MS - each time 350/300k buys the share price drops further within a week - so will the same happen this time?

Maybe its "INSPIRED" buying. :-)

Why the heck do it in 350/300k lumps?

[mick sturbs] 10/5/2019 11:29

let’s hope mr 350k knows something we don’t!

[mick sturbs] 10/5/2019 10:30

If people are desperate enough or stupid enough to sell at these all time lows, the mms will drop the price... still doesn’t mean there’s going to be a placing.

Mark really needs to do something to stop this slide. He should, as you say, make a very large purchase if he wants to instil some confidence in the market.

[clocktower] 10/5/2019 09:34

The selling continues - after seeing the 2 million sold on NEX yesterday and more selling this morning, I will give it a miss today as it seems UKD may well be on the money, as there is no support from the directors or even a statement about the fall from when funds were raised at .9 and oversubscribed at that.

[clocktower] 09/5/2019 18:27

Talking about Tern TV - this is what they paid for the company as per RNS October 2017.

"Zinc Media Group plc, (AIM: ZIN), the TV and multimedia content producer, is pleased to announce the acquisition of Tern Television Productions Limited ("Tern"), for a total consideration of up to GBP5.45 million and an oversubscribed placing of 389,603,280 new Ordinary Shares in the Company (the "Placing Shares") at a price of 0.9 pence per share (the "Placing Price") to raise GBP3.5 million (before expenses) (the "Placing" "

So with Tern TV making more than the earn out figure, it now makes the whole of Zinc (ZIN) look a snip even if there is half the cash of the stated last balance.

If Reef TV has turned the corner, the total package has got to be at least 100% more than its current price imo. DYOR.

[clocktower] 09/5/2019 15:57

Not to forget almost 900k traded on NEX - While I agree with you in some respects UKD, as you made a really good call - if there were a big buy made by the new CEO and other directors, followed by a RNS making it clear that there was to be no funding, it could shoot up 50% plus in a flash,

However, you maybe correct about raising more money to see the company not just turn an EBITDA profit but a full Year Profit next year. However, they have not updated their previous statement at H1 stage, so they were expecting a much better H2 - so bearing that in mind, they could show a decent EBITDA profit for the full year and not needing funds.

I grant you it looks like your spot on but I would not be shocked to see this back up and MS and Kmann looking good if they are still holding.

I may jump back in depends which way it goes and tempted to pick up just a few at this level tomorrow.

Did you also notice Films of Record (a Zinc company) were involved in the BBC 4 programme shown last night about Inside Europe.

Tern TV been very busy and Reef TV seems to have picked up again with the Flying Ambulance but with the Police Zero series, so it might be a lot better than we think - it could be just stressed sellers or some taking losses against taxes that have forced the share price to it current disaster level.

Crazy low valuation imo - when you think what they paid for TERN TV and it has lived up and ahead of expectations, so .5 could be on the cards very soon.

So, I`m not 100% sure your correct and for holders I hope not, hopefully if they do provide a better than forecast update, I will be at my desk to pile in.

Good Luck.
CT

[ukdannyboy] 09/5/2019 10:57

This has dropped 40% since Feb Mick and the finances at the last update looked poor also, that to me spells a company in trouble that will need to raise equity. It will be up to you if you want to throw good money after bad when the call for more cash comes - I hope you haven’t lost too much money here already (dyor).

[mick sturbs] 09/5/2019 10:23

So the mms drop the price on a couple of sells this morning worth just over £3k and that means Zinc need a placing to raise cash???? WTF are you smoking?

[ukdannyboy] 09/5/2019 09:22

The cat out the bag here - although imo it has been for some time - huge placing needed

[clocktower] 09/5/2019 08:34

Early start to the sells, and no support, so it seems some news must have leaked out about a funding or some other bad news I guess - how far will it fall before they spill the beans?

[clocktower] 08/5/2019 11:58

As you say Nextlink - very curious to see the buyer that picks up stock in 300/350k blocks and then to see a chuck of sells time after time, driving the share price lower each time. I like you have taken sizeable losses but over three occasions, I regret to say but at least we seem to agree that UKD is likely to be the one proved correct, in light of all the trades.

What is a bit odd,most companies normally post a a few positive RNS about contracts in rapid succession to try to get the share price up just before a funding round, that has not happened here.

Maybe they are wanting to raise funds at around .2 and happy to see the share price fall , then issue themselves huge numbers of options - so they walk off with a killing in a year or so.

[nextlink] 08/5/2019 09:13

Curious.
Flurry of Buys yesterday.
Already this morning Sells dwarf those Buys.
Took my sizable losses last year.
Talented staff, quality product, honest management.
However to date it appears they are incapable of producing a profit..
As UKDannyboy has suggested it does look like a Placing is in the offing.

[clocktower] 08/5/2019 08:48

The sun shines one day, the storm rages another - it seems like Mark Browning is following in the footsteps of David Galan, seeing the share price hit new lows.

UKD - will it be .2?

[clocktower] 07/5/2019 15:08

I just noticed a big jump in recent volumes with 350k man back in the mix it seems, or could it be the start of big things to come in the You Tube business?

[clocktower] 07/5/2019 09:05

A You Tube series produced by Tern TV:



Will this now start going the way BBSN has in some respects?

Just published on 3 May 2019 and it already has a good number of subscribers.

[clocktower] 03/5/2019 15:32

Have a good Bank Holiday UKD. Whats your current pick?

[ukdannyboy] 03/5/2019 15:23

At the rate they have been burning cash they will need a placing just for the directors tea and biscuits at the next meeting.

[clocktower] 03/5/2019 15:13

A suggested possible tack on:

[clocktower] 03/5/2019 14:51

It could be down to needing cash for another tack on and to raise cash for development, as I guess they could also be burning it faster than making it, due in part to David Galan drawing more than he should bearing in mind their failures (£170k in 2018), as far as investors are concerned imo.

They have also mislead investors by buying stock, when they must have known the results were well below par last time.

This burnt me a few times in the past and though I think it is well undervalued and has been for some time,I would like to see other investors do better than I have hence I continue to research the business as I come across info. I cannot understand why they are not able to turn this around in view of the size of the order book.

If the new CEO made a very big buy I may one last time take a punt, if he did this before any round of funding that may or may not occur.

You have to admit UKD got it right when he was saying .4/.45 was a high. Give credit where it is due and thank him for his views if it saved you money like it did me.