Zinc Media Share Discussion Threads

[1gw] 27/7/2020 14:06

At what point will they feel the need to put out a holding statement of the sort "We note the movement in the shareprice and know of no reason why...", or alternatively put out an announcement with some news which might explain the movement? Unless they believe the TU justifies the movement?

[amrishbhim] 27/7/2020 14:00

All that great talk of what it should as to the RNS, everyone ramping have gone

[1gw] 27/7/2020 13:51

I couldn't resist selling some there as I was back above breakeven!

[clocktower] 27/7/2020 13:51

Profit taking will send it back to ????

[babbler] 27/7/2020 13:39

But it has zinc In the name....

[amrishbhim] 27/7/2020 13:35

Why do u say this my good friend

[lpl1] 27/7/2020 13:33

Price is not sustainable in my view.

[amrishbhim] 27/7/2020 13:31

Mbo and this is not the same, mbo came out with some b/S second RNS and screwed everyone,

[newtoaim] 27/7/2020 13:29

Remember mbo last week be careful here

[clocktower] 27/7/2020 13:28

RTO on the cards maybe?

[danboris2] 27/7/2020 13:16

Madness, watch it come back down when there are a few sells

[clocktower] 27/7/2020 13:16

Someone wants it back to 90p - to get it where it is maybe £75k only.

[shovon1000] 27/7/2020 13:12

Over 75% already

[1gw] 27/7/2020 13:10

Interesting price movement. I thought the TU was good, but not good enough to provoke this sort of movement. No doubt lack of liquidity playing a part and perhaps it was oversold, but even so. Curious.

[shovon1000] 27/7/2020 12:56

Over 38% now. Moving towards 70p

[symbiote] 27/7/2020 12:05

Agree with much of this (and time will tell whether history repeats) but it's due a decent bounce, esp at this market cap. Sensible to look at other reserve resource options other than dilution to get through additional uncertainty..

[lpl1] 27/7/2020 12:01

I've been privy to some of Zinc's ideas and they are shockingly bad. A while back, I advised some friends to buy Zinc shares. Wonder how many friends I've lost???

[clocktower] 27/7/2020 11:31

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 11:16

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 10:12

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 09:21

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 09:11

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

[clocktower] 27/7/2020 09:07

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 08:58

Excellent update - new contact won over £2m