Zinc Media Share Discussion Threads

[josephrobert] 17/3/2021 12:21

Lack of liquidity works explains the yoyo movements - so the current buys are having an outside effect even with small trades so something or nothing at the moment for me. If we close over 70p on the bid then things look more interesting. Back on the 20th July 2020 it made a big jump intra day which with the continued illiquidity suggests something positive can move this share price big time.

dave4545 - Absolutely a about time - a nice run will give people confidence in the business - clearly the business is in a lot better shape than for many years but with the depressed share price it can cloud investors' judgement.

[dave4545] 17/3/2021 09:17

max online amount to buy 2 shares

But mm's refuse to move up their quotes typical manipulation while other stocks are pushed to the moon

[dave4545] 17/3/2021 08:04

Max online offer 250 shares.

About time this had a nice run, seen everything else on my monitor goes nuts the last 10 months and this sits right at the bottom and has done nothing and especially after that hint by the company on twitter yesterday.

[dave4545] 16/3/2021 23:21

What a tweet by the company today "ongoing transformation of the company"

Zinc Media Group
@zinc_media
· 9h
#ZincMediaGroup has announced a branding refresh for its TV labels, which includes new brand identities for three of its TV labels, as part of the ongoing transformation of the company.

➡

[clocktower] 16/3/2021 14:22

L2 looking good,a few more buys and we should see the real jump.

[clocktower] 16/3/2021 14:20

They just want to walk it up it would seem - the dog needs to be taken for a walk now and again. By the end of the week 80p target.

[slicethepie] 16/3/2021 14:19

Now down to 250 !

[slicethepie] 16/3/2021 14:16

Our mm(sic) will only sell 1000 shares maybe he should stick to selling vegetables at the local market

[clocktower] 16/3/2021 12:39

Well dave4545, there is clearly one buyer that wanted 20k shares today, which was like buying 10 million before they diluted and consolidated the stock once again.

So in terms of where the stock was the current offer would be .0012 in old money. My memory of the consolidation was around .0018 was it not that is 90p in todays money is it not. Please correct me if I am wrong but it maybe that we will now see a running up of the flag towards £1.

[dave4545] 15/3/2021 08:51

Full offer to buy 58p online that is rare. Still 25k on that though but it could move if any more interest.

[dave4545] 08/3/2021 11:37

This overhang is a bloody nightmare. Loads of buys no movement anybody sells 5000 they drop like it was 500,000

Now 56.9p to buy.

[dave4545] 04/3/2021 15:39

Zinc Media Group
@zinc_media
#Tern Television has been commissioned by
@BBCTwo
to make a documentary exploring the secret science of sewage.

#ZincMediaGroup
@TernTelevision

[clocktower] 10/2/2021 16:25

Good Luck with this dave4545.

[dave4545] 10/2/2021 15:59

Zinc Media Group
@zinc_media
·
6m
The brand-new #BrookLapping three-part docuseries, Trump Takes on the World, begins TONIGHT at 9PM on
@BBCTwo
.

#ZincMediaGroup #Trump

[1gw] 10/2/2021 15:09

Edale Capital have picked up 200k shares since their last notification, i.e. between 13th November and 9th February. That must be a reasonable proportion of the shares traded.

Shareholder base looks to me like:

40.1% Herald Investment Trust
9.9% Canaccord (discretionary clients)
6.9% Edale Capital (Europe Absolute Master Fund)
4.7% Miton (UK Microcap Trust)
3.6% Artemis
1.6% John Booth Charitable Foundation

For a total of around 67%. Not bad for such a small market cap company, although some of them will have been in since higher mcap days.

[dave4545] 10/2/2021 14:28

Edale fund not one I've come across must be the 100k buyer and all the 10k buys recently.

They see value, I see value too. I've doubled my holding from 20k to 40k now.

[dave4545] 09/2/2021 13:46

Ah mini boom 100,000 buy at 61p and instantly price to buy is up to 62.55p so a massive dent in the overhang on that buy.

[dave4545] 09/2/2021 09:05

12500 delayed buy.

Not even touched the sides online still sub 61p to buy. If I see signs the overhang is clearing I'll buy more but for now I'm happy sticking with my 20k

[clocktower] 08/2/2021 10:51

The business has been reorganised many times, with each mew board they say they have sorted out the past mistakes but in reality just keep raising money to pay their fat salaries of them and their sidekicks that they bring along to shore up their positions, until such time to hand it over to the next bunch of talkers that can talk the talk but not delivery anything of value to shareholders.

Remind us how long that the current CEO has been sorting this out, he did not join the company just a few months ago - of course he can blame COVID19 - so something for him to fall back on.

Still the next set of figures will start to tell the true story of how much they are being supported by shareholders funds, rather than business profits.

Jam tomorrow!!

DYOR

[slicethepie] 08/2/2021 09:04

I agree, they have done the obvious things ie recent presentation and q&a. No magic bullet as new investors most likely pi as not many inst will touch companies this small. Happy to wait and nibble away as haven't got many recovery plays. Might watch their latest production on bbc 2 on trump

[dave4545] 08/2/2021 08:48

The problem now is the overhang.

The company is fine, in good hands. Any Rns should be a contract Rns.

Where do you drum up interest to clear this huge seller in a market where nobody wants to invest and punters do like to buy overhang stocks ?

I bet if if jumped 20% there would be buyers all over it.

Still under 61p to buy online

[slicethepie] 08/2/2021 08:14

Agree 100%, I have struggled to find recovery plays but this ticks a lot of boxes from experienced management to the credible recovery strategy which they have put in place over the past 15 months. There is consolidation in the space so at risk of t/o but it does have a v strong shareholder in herald which would ensure a good price. Hard to predict when business really picks up but it will.

[dave4545] 07/2/2021 20:15

Really impressed by the boss of Zin, very confident presentation.

He used to he high up in Itn and has good history of turning things around.

I reckon when this overhang goes it will race up to 100p but for now it's a brutal overhang, now under 61p to buy and that is despite a string of almost 100k of buys in the last 4 weeks compared with less than 3000 of sales.

[slicethepie] 05/2/2021 17:32

I think he has done far more than convince he has taken significant action including reorganised the business, putting profit as the priority, taken production in house etc. Media businesses are notorious for bad financial management so his approach is sensible. I have no history with this company so looking forwards and not backwards.