Zinc Media Share Discussion Threads

[ukdannyboy] 30/4/2021 15:39

Hearing rumours of another book build, be careful

[symbiote] 30/4/2021 15:02

Just bored. My position on Zinc is ancient and effectively written off. I agree with most of the critical comments on the various TAL/ZIN boards over the years and I'm interested to track its fate but I don't have time to read repetitive trolling which this previously interesting board now seems beset by.

[lpl1] 30/4/2021 14:00

I have no rage whatsoever. My company is doing fantastically well, matey. I simply say it like it is. If you can't take the "ZINC" heat, get outta the kitchen, sonny boy. The one with "RAGE" seems to be you.......
.......

[symbiote] 30/4/2021 13:30

lpl1, sorry to have to say so but you are getting very boring and repetitive. It would be refreshing if you didn't try to dominate the tone of the thread at every opportunity (quite impolitely to other peoples' genuine opinions as above) and predictably respond to posts fuelled by the rage of your own business dealings with Zinc.

[lpl1] 30/4/2021 13:15

What rubbish, 1gw. So naive. What planet are you living on mate. Are you by chance related to Mark Browning......

[dave4545] 30/4/2021 11:59

Listened to the webcast

It's 18 months salary not 12 months, which makes it slightly better by say a third.

It all sounds great but they really need to buy more stock to boost my confidence.

The Ceo more or less says Zin should be 200p a share when compared with others in the sector, if that is so then buy more shares

[1gw] 30/4/2021 11:50

Another good confident presentation. Still looks good to me as a turnaround play, but clearly need the revenues to come back to pre-covid levels. I don't see why they won't on the basis of that presentation.

Like the answer to the executive pay question - first Q in the Q&A section. Transparent.

[clocktower] 26/4/2021 14:27

Nothing surprises one anymore when it comes to stocks that should be marked down, often shoot up to unbelievable levels before they hit the skid pads at a latter date and once all the mark spivs have earnt their crust.

Good luck if your still hold the rest dave and you might yet come out with a decent if not huge profit with luck.

[dave4545] 26/4/2021 13:45

All buys today

Somebody bought 20000 at 60p when it was 58.75p offer for 15000 so they could have saved a little money buying slightly less.

[lpl1] 26/4/2021 10:38

Sorry to be brutal here Guys but,from the very start, this was a deliberate Ponzi Scheme designed to entice investors with the "Glamour" of Television (profound apologies to GW1 for simply saying it like it is.......)

[clocktower] 26/4/2021 09:28

lpl1, are you certain that Roy was just not looking after the company funds by telling you porky's in much the same way they have repeatedly offered jam tomorrow while milking investors. :-)

Junk Stock if ever there was one we seem to agree upon.

[lpl1] 25/4/2021 10:59

1gw is, it's sad to say, an extreme illusionist. How can he possibly continue accepting the utter B/S of the Board's reports. Others in this thread seem far more savvy as to what's really going on. I have a confession to make: It was me who told 1gw to look at ZINC MEDIA a couple of years back, but that was before my own TV Production Company started working with them as a Partner/Co-Producer. The true realisation of their dire financial straights came to me when I had a coffee with Roy Ackerman, their Creative Director, and he said we had to pay separately (£3 each) because he wouldn't be allowed to claim for mine. 'Nuff said.......

[clocktower] 23/4/2021 14:34

So I wonder how long the rent free period was for and how much worse the accounts would have been had it not been for this Monopoly Board - Go pass go and get a Free Rent for X period of time.

"The move to new headquarters in March 2020 aided cashflow due to the initial rent-free period."

Long Term debt that has to be paid by 31.12.2022 will still be a rope around the companies neck imo.

The accounts try to make it look that some of the numbers are better than 2019 but only because they relate to 18 months and not 12.

The deeper I look into the accounts the worse they seem.


On top of those top flight earning there are of course Options. Mind you unless a miracle occurs it is unlikely that the shares will reach the current targets imo but who knows they may reset those.

"The Group issued 474,230 share options to the Chief Executive Officer, Mark Browning, and 237,115 to the Chief Financial Officer, Will Sawyer, on the 14 February 2020. Mark Browning's awards have been made under the Company's EMI Share Option Scheme (303,029 Ordinary Shares) and an Unapproved Share Option Scheme (171,201 Ordinary Shares). Will Sawyer's awards have been made under the Company's EMI Share Option Plan only.



The options are exercisable at 0.125 pence per share on the third anniversary of their grant. All options were granted under the condition that half of the Options granted to each director will vest if the Share price is at least £0.90 for a period of 30 consecutive Dealing Days ending on or after 14th February 2023, and the other half will vest if the share price is at least £1.35 for a period of 30 consecutive Dealing Days ending on or after 14th February 2023."

[clocktower] 23/4/2021 11:08

Mind you if you can get out with a small loss at least you know what your bottom line is rather than watch it sink later on and regret not selling.

Good Luck.

[clocktower] 23/4/2021 11:05

You may have sold to soon dave4545 as they have a way of working these things to their advantage - the more they loose the higher the share price sometimes goes.

[dave4545] 23/4/2021 10:43

Yes was made aware of the salaries.

Total disgrace, how can I possibly defend them.

My holding is now 50000 shares. I have reduced some today, was not planning to until I saw those salaries. I had no cash anyway.

Looks like the directors are buying now anyway, 50k and 25k at 59.25p look suspicious
like director buying but the money they are earning it's a drop in the ocean

[clocktower] 23/4/2021 09:56

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 09:52

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 08:49

100% agree!

[dave4545] 23/4/2021 08:16

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 07:55

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 07:12

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