Zinc Media Share Discussion Threads

[josephrobert] 25/11/2020 19:58

It says on the RNS of the 16th that the presentation is on the company's own website but I can't find it there - can anybody provide a link?

[josephrobert] 25/11/2020 19:57

Hello Seagulled - what announcement are you referring too?

[seagulled] 25/11/2020 10:54

The laughable announcement of oodles of commissions from Tern needs deep scepticism/scrutiny. It appears that 80% are at nations budgets - which are tiny and with almost zero profit margin - and whilst will keep the lights on will do no more. Smoke and mirrors yet again.

[josephrobert] 24/11/2020 09:57

A replay picks up the CEO's stellar communication - worth a watch

[josephrobert] 24/11/2020 09:55

The presentation included organic and inorganic growth. What the top two guys have been part of means the company needs the share price higher to achieve similar growth - these guys are not here for a 9 to 5.

They will issue targets / guidance when we see the back of COVID which seems fair enough, which will unlock the possibility of a broker's note. At the end of the presentation there were a few questions, one of which was to ask if there was any benefit of a broker's note - which may help the share price and fuel growth. That said the CEO communicates as clear as day - so for me it has no benefit - but for others it might.

[viking24] 20/11/2020 14:12

Great.ThanksPs ITV has done rather well recently

[1gw] 20/11/2020 13:30

You can see a replay of the webinar through Investor Meet once you register I think.

[viking24] 20/11/2020 13:25

Ok thanks.Is there a transcript of the presentation available?

[1gw] 20/11/2020 09:54

The Investor Meet presentation was yesterday. First time I've seen them present, and apart from the technical glitch in the middle, I thought they did a pretty good job.

[viking24] 20/11/2020 08:27

Investor Q&A today

[josephrobert] 19/11/2020 11:31

Going back to the Interim's in September

'The vast majority of phase one of the transformation plan, which was announced in September 2019, will be completed by the end of September 2020. The Group is now confident that it can deliver profit and be cash generative in the second half of 2021 even if revenue doesn't fully recover to pre-Covid-19 levels in 2021.'

Looking at the position glass half empty it generates cash and profits next year following a restructuring of the business. Looking at it half full then a reasonable sucess in capturing TV programming backlog from this year generates more cash and more profit.

[josephrobert] 19/11/2020 11:25

So long term holders want more exposure to the upside and convert debt to equity - that's clearly good news.

[clocktower] 17/11/2020 17:15

More dilution - Tern cleaning up.

After so many bumps when it`s made to look like a bed of roses, that turns out to be a cesspit, it is little wonder few would even dream of filling directors pockets once again, regardless which new batch of them step up to the plate.

[ukdannyboy] 27/10/2020 17:10

Normally this would tick the boxes for me (being able to buy in at the same price as a large capital raise) however having watched this over the last few years I’ve seen several placings and absolutely zero profit. It’s easy to argue directors having the ‘confidence217; to put in their own money but it’s small chance putting in £10k when your salary is £80k and in doing so you guarantee it for another year of doing nothing.

[clocktower] 27/10/2020 15:39

Spot on UKD - Rinse and repeat is all this company does, not matter who is in the seat.

Soon be at a discount, as before imo.

[ukdannyboy] 27/10/2020 15:20

Looks as though it was oversubscribed and they managed to get away with a 4mil raise at 60p. Not bad, although it does essentially half existing holders exposure to any profit - which would normally be a problem, but for a lifestyle company like this that has never made a penny not so much. Guess the directors salary and Xmas party is sorted for another year at least.

[1gw] 27/10/2020 14:41

Good result all round then. It looks like Herald and Canaccord have participated pro-rata in the placing to maintain their combined holding of just over 50% and the company has been funded without a big hit to the shareprice.

Having said that, presumably talks over the placing began some time ago, possibly around the time of the interims, and the shareprice might have risen further than it did after publication of the interims if it wasn't for the likely placing.

Existing private shareholders who couldn't participate in the placing can pick up at least some shares close to the placing price - I've just added some at 61p.

[1gw] 27/10/2020 07:31

Placing yes, then, but not at 38p.Good to see they think they can get it away at 60p.

[ukdannyboy] 20/10/2020 14:19

Broker contact tells me huge placing on the cards here - book build for £2,000,000 at 38p to keep lights on for another year.

[toffeeman] 18/9/2020 13:30

My b/e is 133!! so way to go.

[clocktower] 18/9/2020 11:49

Wise imo Toffeeman, nice increase today on only a very tiny volume.

[toffeeman] 18/9/2020 09:20

>> clocktower

I don't need to sell so have put then in the 'forget about' file!

[clocktower] 18/9/2020 08:33

Toffeeman, wait for a profit, as I can envisage this reaching double it`s current level but it may take a little while but worth hanging in longer after all this time I suggest. IMO only no advice intended.

[1gw] 18/9/2020 06:12

After a quick read, the two highlights (one financial, one operational) for me are perhaps the following:

"All six divisions are currently forecasting to be profitable in 2021, based on current revenue projections and the revised cost base following the savings program, compared to only two achieving divisional profitability in 2018/19."

"There are four multi-million pound returning series currently in commissioned development with National Geographic and a commissioned development has been secured for the next series for producer Norma Percy with the BBC."

[1gw] 17/9/2020 13:55

Doesn't seem to take much to move it (up) at the moment.