Zinc Media Share Discussion Threads

[clocktower] 23/4/2021 08:56

With luck you might get the share price up now they are even further up the creek dave, as you often remark companies that lose fortunes are often overvalued by miles as PR machines move into make money. Spin doctors I think you would call them.

[clocktower] 23/4/2021 08:52

Well that seems to be it as regards buyers are concerned.

So returning to those emoluments - if that is after them taking a cut due to COVID I dread to think what the buffoons think they could have got away with otherwise.

"
During the period the current directors took a voluntary salary reduction of £50k in total. This was during the first lockdown when television production was severely reduced due to Covid, and it equates to an almost 40% reduction in salary between the five directors."

"Taken together these total £340k of salary reductions and investment from directors in the period, which compares to cash bonuses of £186k that were paid out in the period. The CEO and CFO re-invested almost 80% of their cash bonuses back into the Company via voluntary salary reductions and investment in equity. "

They state:

"The Group has a healthy pipeline of new business for delivery in 2021 totalling £39m. £6m is highly advanced, £17m in engaged conversation, and £16m in early discussion."

They seem to want to suggest they have an order book of £39m but in truth it is £6 million - you cannot call highly advanced discussions orders or even more laughable is including £16 million that are at the stage of early discussions. Anyone might discuss asking £16 million for projects that may or may not come to fruition but even if some do, the price could be a quarter of that which is finally agreed.


Reef to Red Sauce!

They certainly have a sauce to expect private investors to swallow much more sauce as they continue to pile it on, and what investors that can see the wood from the smoke screen is a lot of Red flags.

Earnings per share - They need to change this to losses per share

"Basic and diluted loss per share from continuing operations in the period was 66.38p (2019: loss per share of 53.55p). These measures were calculated on the losses for the period from continuing operations attributable to Zinc Media Group shareholders of £4.3m (2019: loss of £1.5m) divided by the weighted average number of shares in issue during the period being 6,507,620 (2019: 2,799,182). "


Consolidated statement of comprehensive income:


"Loss for the year and total comprehensive income for the period(4,911)"


How they can face investors with a performance and drawings like that beats me.

[slicethepie] 23/4/2021 07:49

100% agree!

[dave4545] 23/4/2021 07:16

Zero offered online at 60p

Looks like when they do open limits people are taking it.

Should do 10p+ today and then get back over 100p in the coming weeks/months

Either way it's a winner now so holding tight

[dave4545] 23/4/2021 06:55

Should be a good day based on those results.

Take out the cash, this business is worth a couple of million which is ridiculous.

There's stocks out there with way lower turnover and bigger losses worth 50 million.

Got to be going over 100p again soon

[1gw] 23/4/2021 06:12

That's an upbeat spin on the results rns. They sound very confident.

[clocktower] 22/4/2021 13:12

No, I think they were both buys dave and I think the overhang is finished and cleaned out now. That is just my take on it having kept a close eye on movements for a long period of time.

It may take very little now to get this up to the 80's.

[dave4545] 22/4/2021 10:35

I'm thinking they went through at 53p, they went through around mid price but still think the 125k is a buy and the 188k is a sale

Unless pi's get involved I still do not know if the overhang has been cleared as I have little funds to test the online limits on the buy side

[dave4545] 22/4/2021 10:28

You'll find soon that the smaller one of those big trades was a buy and the larger one was the seller.

Online has not changed one bit 53.8-56.31p

[clocktower] 22/4/2021 10:21

Are we about to see some action dave4545?

Big volume for ZIN so far today?

Not seen that for a very long time.

[dave4545] 14/4/2021 11:52

Lvcg has reached the same market cap as Zin today

total disbelief at this market

Say your losing loads, struggling to regain turnover, need constant funding to survive and your shares double

[dave4545] 13/4/2021 11:57

Down again.

Yet online bid and size are up at 53.51p for 10000 and online offer is 54.2p also 10k max

[clocktower] 08/4/2021 09:15

A few more buys but still no change to the trend says it all imo dave.

[clocktower] 07/4/2021 13:25

Maybe one of the providers of the last funding round are dumping, and or more funds are due to be raised at a much lower level dave4545 so the stock is being made available.

[dave4545] 07/4/2021 12:00

4 buys today and none of them mine, this overhang is savage, I honestly have no idea where the mm's are getting the stock from.

There's been more buying than selling for weeks now and still the price drifts lower and lower.

[dave4545] 07/4/2021 10:43

25000 buy delayed 2 hours.

Price was 53-57 at the time and no way a 25000 sale atm would get mid price, I know as I test the limits.

[clocktower] 07/4/2021 08:50

Might be low but I expect it will go lower yet unfortunately.
Good Luck.

[dave4545] 07/4/2021 08:36

mm's at it again

2.5% drop on a £500 sale, no move on a 5000 share buy.

Limits better 5000 buy now 56.8p ..1500 gets 54.6p that's low

[clocktower] 06/4/2021 19:51

So I guess you have around .6% holding now dave4545 and it’s not looking good is it?

When do you think another RNS will pop up and other than the usual jam tomorrow and the verbal diarrhoea they sprout, will it have any benefiting effect on the share price

Bit late with the results to 31.12.2020

[dave4545] 01/4/2021 18:01

TernTV Retweeted
Beechgrove
@BeechgroveGdn
·
4h
Beechgrove is back in bloom as the team return to Beechgrove’s home turf. Tonight at 8pm on BBC Scotland. Smiling face with heart-shaped eyesSeedling

[dave4545] 01/4/2021 12:40

55.84p offer now

Took another 5000