Zinc Media Share Discussion Threads

[clocktower] 27/7/2020 10:31

With margins of 4.7% anybody would be hard pushed to do a deal on any series I assume.

Still the share price needs to hit 90p to get back just to the previous dilution level.

[lpl1] 27/7/2020 10:16

As somebody in the TV industry, I can tell you that Zinc are having tremendous problems obtaining commissions, especially RETURNABLE GLOBAL SERIES, the Nirvana of all Producers. Roy Ackerman was brought in to achieve this but has failed miserably thus far, almost having a nervous breakdown in the process due to pressures placed upon him by management to secure immediate commissions.

[ukdannyboy] 27/7/2020 09:12

Rinse and repeat CT, no doubt funding to come soon but at least they have managed to get the share price up a bit to reduce dilution.

[clocktower] 27/7/2020 08:21

Spot on UKD - Talk about pie in the sky from this company for ever and a day but the directors keep themselves in style.

"It has implemented a programme of permanent cost reductions which will generate annualised savings of £0.7m per annum compared to pre-Covid levels which, when combined with the ongoing improvements in television margins currently of 4.7%, further positions the Group to be profitable from 2021 and cash generative in the second half of 2021"

[ukdannyboy] 27/7/2020 08:11

They need to because they aren’t making any money until next year and thats if they’re lucky.

[clocktower] 27/7/2020 08:07

Heard these sorts of statements all before but with over £3 million in cash, why are they are talking about getting government loans - is it as good as the picture in the frame or what is not being mentioned?

[shovon1000] 27/7/2020 07:58

Excellent update - new contact won over £2m

[1gw] 27/7/2020 06:32

That's a good TU this morning.

[lpl1] 22/7/2020 19:17

Someone sold 33,000 shares today

[ukdannyboy] 22/7/2020 18:51

This is the pure definition of a lifestyle company.

Never made a penny and no intention of ever making any money for holders.

They just want to sit on a big fat salary for having a jolly filming stuff... why worry about being freelance and actually having to sell your work for your income when you can just list on the AIM, pay yourself 10x more than you would ever make as a freelance, and muck about with your mates worry free.

Don’t see any of them putting themselves in any risk whatsoever during covid or taking pay cuts to try and generate a bit of income and value for the holders who have funded them all this time... nope, happy to sit at home and wait for it to blow over before they come to the bank of shareholders for their next pay check.

[toffeeman] 22/7/2020 17:42

Thank goodness for SNG :)

[clocktower] 22/7/2020 16:43

None of them are worth a light let alone £200k or even £35k - just like the previous bunches of clowns that have run ZINC and in it`s former clothes over many years.

Keeping themselves in jobs are what they seem good at, at investors expenses.

[lpl1] 12/7/2020 08:09

Roy Ackerman is worth 200K at least.

[lpl1] 12/7/2020 08:02

Zinc can't even afford to pay their renowned Creative Director, Roy Ackerman. He's been on a "Researchers" salary of 35K for 18 months. The man was previously MD of Jamie Oliver's Production Company, FRESH ONE,and took it from Zero to Hero. Something's not quite right at Zinc......

[toffeeman] 08/6/2020 18:01

Problem is if you steer clear of them you don't know what to steer clear of :)

[clocktower] 08/6/2020 17:48

Good call UKD

[ukdannyboy] 01/6/2020 17:32

My tip - stay as far away as you can from anything that Zak Mir, Align Research or Share Prophets have anything to do with.

[ukdannyboy] 01/6/2020 17:25

The writing has been on the wall here for some time. The only time they make any money is when they raise it via the market. How long will LTHr’s continue to pay the boards salary before they cut losses and put their hard earned cash in the hands of a company that actually cares about offering them a return. I called the offer long before it came, I certainly think another will soon be in the pipeline this year, probably in the 30s region - they will call it strengthening the balance sheet - but what they really mean is taking money out of your pocket and putting it in theirs - and if it doesn’t go to plan could well see this as one of the corporate victims of covid unfortunately.

[clocktower] 21/5/2020 13:00

Never fails to disappoint it seems.

[1gw] 21/5/2020 09:46

Personally I thought the RNS wasn't as bad as it might have been. But basically the business is just in the wrong place at this time (i.e. television production during lockdown). So it's sensible to put in place whatever additional financing it can to increase its chances of getting through the hard times in the hope that there will be something left to thrive when things get better again - as it seems they are already starting to.

Not much they could have done about it I think. Just have to hope they can produce one or two really good repeatable (preferably global) shows that can take the business on once things get back to something like normal. The cost management side is important and keeps the business operating, but to flourish they're going to need creative success.

[danboris2] 21/5/2020 06:23

RNS reads like they are making a profit warning which they are trying to spin positively. Worrying if they are contemplating getting government loans as it sounds like they are forecasting to run out of cash when they have just raised money from shareholders a few months ago

[toffeeman] 13/5/2020 08:22

Yep never sold umph

[clocktower] 13/5/2020 08:01

60p target for today. Are you in Toffeeman?

[clocktower] 12/5/2020 14:48

Tomorrow should be interesting and we will see if the volume holds up well for a push to the next level. MM have shaken out a fair bit of stock today.

[clocktower] 12/5/2020 12:10

Maybe news of a big contract soon, or could just be stake building at sub dilution levels but I expect there is a pent up demand for new programs with so many staying at home having watched so many repeats.