Zinc Media Share Discussion Threads

[danboris2] 11/7/2024 07:33

current share price is significantly lower than where it was when the last CEO left

[clocktower] 10/7/2024 12:39

Elliott86, maybe your hero worship is misplaced.

Remember what the share price was before MB - remember the consolidation, I think you will find the share price only touched those levels for a short time and still sits below the level it was I believe.

So what benefits have old shareholders gained over the years, as he talked the talk but has done nothing to restore the value to any reasonable level.

Maybe you would like to set out all the figures on this thread, and show the benefits to old stake holders.🤣

[elliott86] 10/7/2024 12:01

Why are you so fixated on his salary on every comment you make. But then you love being negative so we know what to expect from you. It seems to me he’s done exactly what he was hired to do which is fix this previously failing company and set it on the right path, which is clear from their most recent results. From what i can see from the annual reports, he has been on the same pay since he joined and actually earned less last year than in any previous year with Zinc. Given inflation over the last few year i would suggest the board needs to be careful they don’t lose him now as the last thing us long-suffering shareholders need is another CEO change. Looking at this TU, I agree with 1gw that this looks like a massive over reaction off a very small number of trades.

[clocktower] 08/7/2024 13:40

I bet that no savings come from Mark Brownings over fat pay packet no matter how poorly the company does.

It was always ablut his lifestyle impo.

DYOR.

[1gw] 08/7/2024 10:51

From post 1084, market expectations for 2024 in April were £41m revenue and £2.1m adj EBITDA. That compares to £40m revenue and £1.0m adj EBITDA in 2023.

The revenue appears to be at some risk with today's TU quoting £28m secured and £9m highly advanced (vs £31m secured and £7m highly advanced for 2023 at the same point last year).

Nevertheless they say that "the Group continues to trade in line with market expectations" which suggests that at least on adj EBITDA they are still looking at healthy year-on-year growth. They also state that the 2025 pipeline is well ahead (£10m vs £5m) of where the 2024 pipeline was at the same time last year.

It seems to me like a bit of an overreaction on shareprice, on limited apparent volume, although perhaps there was an implicit expectation that the company would continue to beat expectations.

[1gw] 25/4/2024 16:08

They are arguing that there are some newish businesses that are growing but were still unprofitable last year, so as those businesses grow further this year they will move into, or closer to, profit. By implication though other revenue streams must be expected to shrink so that total revenue is broadly unchanged.

Then you've got the overlay of the natural lumpiness of the business. So perhaps last year benefitted from having one or two outsize commissions generating revenue and there's nothing in the hopper to replace that this year, given the lead times. Although with the "significant opportunities in earlier stages of development" there must be a hope that they can still beat the market view by the end of the year with further wins pulling in some in-year revenue.

[toffeeman] 25/4/2024 15:55

But they are forecasting no revenue growth which is strange - relying on higher margins and cutting costs to generate profit

[1gw] 25/4/2024 15:52

Good session again.

Market forecasts are apparently £41m revenue and £2.1m adj EBITDA for this year, which should mean bottom-line profitable as well. MB referred to links to broker notes on the website, although the broker notes themselves may be behind a paywall.

Today we have a note from Singer "An industry winner in the making" and a link to Research Tree to access it.


At least one press article has picked up on the possibility of further acquisitions as Zinc looks to scale further.

"Zinc Media plots M&A as revenue and profits jump"

[symbiote] 25/4/2024 11:59

Yes, some encouraging signs and good business but sadly, depsite the gloss, another operating loss ($2m) is the end-result. It's time this team delivered a headline profit; maybe this is the year ... if they can keep their focus on organic growth, deliver on cost synergies and keep management pay appopriate to the true performance of the company. EBITDA targets are wearisome.

[1gw] 25/4/2024 07:53

Results look good. Nice to see net cash, and the further improvement in cash through to 19th April.

Revenue & highly-advanced for the current year still looking a bit weak vs last year, but they are still mentioning significant earlier-stage potential. Comments on ebitda outlook are encouraging.

[clocktower] 24/4/2024 15:21

Hiw much has NB awarded himself with this past year? Mouth watering sums I guess.

[1gw] 24/4/2024 14:58

Looks like there's been a bit of buying interest following the presentations, but not enough to move the price - so is someone happy to sell into it?

Fingers crossed for tomorrow.

[melloteam] 22/4/2024 11:12

FREE EVENT: Zinc Media will be presenting on the Mello Results Show Webinar on Thursday 25th April, starting at 1pm. There will also be company presentations from
Team Internet; Journeo; Gelion; Accesso; and The Property Franchise Group
Register for FREE here:

[symbiote] 18/4/2024 09:39

Yes, such a shame as it's a high quality enterprise. Maybe one day, when management have rebuilt investor goodwill lost to writing off attempts to grow by aquisition(bar The Edge), its quality will be better reflected in value.

[1gw] 17/4/2024 08:55

Go Zinc! Well done to all concerned.

"ZINC MEDIA AWARDED PRODUCTION COMPANY OF THE YEAR"

[1gw] 15/4/2024 11:29

Roadshow before the results then, which means discussion of "current performance" may be a bit limited. Seems a bit odd, but perhaps confident enough to start the outreach this week and then hope to see that converted into buying interest once the results come out on 25th?

[1gw] 09/4/2024 11:32

RNS Reach yesterday confirms the presentations. The sentence below on the Sharesoc one suggests to me that they do expect to have released results by then, so that they can talk about "current performance" but if so, I would have thought they would have given a "notice of results" RNS at the same time, so perhaps not.

"The event will provide a full overview of the company and will give an update on current performance and future plans. "

[toffeeman] 27/3/2024 17:33

Putin v the West up for a BAFTA, if it wins there will be no impact on the share price.

[1gw] 27/3/2024 16:59

A bit of a roadshow in preparation, then, by the look of it. Mello Monday on 15th April and ShareSoc on 16th.

Does that suggest Zinc is now confident that they have a convincing story to tell - turnaround completed and reasonably visible growth trajectory?

And do they plan to release results ahead of this roadshow?

[melloteam] 27/3/2024 16:48

Just to let shareholders and prospective investors know that Zinc Media Group plc will be one of the companies presenting on the MelloMonday webinar, starting at 5pm on Monday 15th April 2024.

Use code MMTADVFN50 for 50% OFF.

[toffeeman] 25/3/2024 06:58

Putin v the West up for a BAFTA credibility but not a great contributor to profit.

[sharesoc] 22/3/2024 11:19

ShareSoc is hosting a webinar with Zinc Media Group Plc (ZIN) 16/4/24 5:00pm.
Mark Browning, Chief Executive Officer, will be presenting.
You can register here

[symbiote] 07/2/2024 10:31

Agreed. But with over a quarter of market cap as cash and profit looking encouraging, IF they keep their cash discipline they might yet achieve an attractive outcome for ALL shareholders.