Also zoo are presenting later tomorrow. Its quite likely that we will see something positive from that which means zoo is a hold or add and not a sell on news first thing. |
Tradermark
Last year was just a blip due to the Hollywood strikes.ZOO's business started to pickup from January 2024 , with March 2024 being the best month since April 2023 so it's highly unlikely to have slowed down over the last 3 months.
In fact the most likely scenario is recovery will have started to accelerate in Q2
The price was also very strong in the last hour or so ,was NT to BUY in size @ 64p since around 3.15pm. |
MM's are short of stock and giving you mid price to sell and only allowing BUY's up to 1000 @ 63.98p!!! |
Those that slightly nervous have already sold out.It's currently NT to buy @ 64p and you can sell close to MID PRICE.
About to TICK UP again!!! |
The rns will be lodged shortly. Let's see if we get a late share price move. |
As i have posted before the shares will breakout after the company provides it's latest update for Q1 and the outlook for the FY25 tomorrow.
The previous two updates in March and May were both AHEAD of expectations and it would NOT surprise at all if Mr Green was to issue another ahead of expectations update for the current year either tomorrow or in October.
SHARES STILL REMAIN VERY STRONG BUY
MY SHORT TERM TARGET IS £1 AND £2 WITHIN 12 MONTHS |
Mark
Your summary is spot on.
If anyone has followed this company and done their research they would be buying and NOT selling before the results and the outlook the company will provide for the current year.
With all these new films being released this year the business must be very brisk.
All will be revealed tomorrow. |
The studios are doing well, zoo,s peers are doing well. We know that march exceeded expectations, that cash is now flowing in, a new partner added and zoo are expanding geographically. Following the strikes zoo executed a cost cutting plan. That should produce a leaner sharper and more focused work force. Sell if your nervous. Buy if you have researched. |
Interesting to see where this goes on Monday before official update on Tuesday. |
Recovery that started in January this year will accelerate throughout 2024 and H2 this year will be very STRONG compared to the first half.
Expect further upgrades from Q2 onwards.
Trading update from 26th March:
Following the trading statement of 24 January 2024, the Company has since received further clarity on timing of projects and is now receiving orders relating to work on feature films and TV shows that have been completed following the industry strikes of 2023 that brought productions to a halt. With January invoicing the highest month since April 2023, the Company is beginning to see an acceleration of its pipeline with work expanding in March and April 2024.
As a result, the Company expects to beat revised market guidance for FY24* with revenues of at least $40 million. Consequently, the anticipated EBITDA loss will be reduced. Net cash on 31 March 2024 is expected to be at least $3 million, also higher than revised market expectations. |
That's $400 MILLION REVENUE PER ANNUM by 2030!!!
Hope that helps you
ho hum
KING ZICO |
Independent analysis suggests that the translation and localisation services market for media companies should double in size to $3billion a year by 2030, and Zoo is a leader in the field.
Green is ambitious too, targeting annual sales of $400million by 2030, with profits rising sharply alongside. The target seems well within reach. The big beasts of streaming are battling it out to produce the best shows and the more languages they are translated into, the more subscribers they can reach. |
2024 Box Office list:
The decline in the share price in 2023/24 from over £2 to just 22p was entirely to do with the Hollywood strikes.
Business for ZOO must be very brisk taking in to account all the new movies being released in 2024 to date and more that will be released throughout the year.
As Hollywood gets busy so will the ZOO's business !!!
NO RAMP INTENDED
KING ZICO |
Ban me all you like Z1co 😂😂128514; |
Yep no way is this breaking 66p |
2024 Box Office list:
The decline in the share price in 2023/24 from over £2 to just 22p was entirely to do with the Hollywood strikes.
Business for ZOO must be very brisk taking in to account all the new movies being released in 2024 to date and more that will be released throughout the year.
As Hollywood gets busy so will the ZOO's business !!!
NO RAMP INTENDED
Hope that helps all shorters
KING ZICO |
This is huge:
Independent analysis suggests that the translation and localisation services market for media companies should double in size to $3billion a year by 2030, and Zoo is a leader in the field.
Green is ambitious too, targeting annual sales of $400million by 2030, with profits rising sharply alongside. The target seems well within reach. The big beasts of streaming are battling it out to produce the best shows and the more languages they are translated into, the more subscribers they can reach. |
![](https://images.advfn.com/static/default-user.png) MIDAS SHARE TIPS UPDATE: Zoo Digital proves perfect sequel to Netflix: Firm helps streaming giant translate shows into dozens of languages
By JOANNE HART, FINANCIAL MAIL ON SUNDAY
UPDATED: 12:16, 25 October 2022
Netflix has had a rollercoaster year. Having been an American stock market darling, the stock tumbled when subscription rates went into reverse in early 2022.
Now, they are on the rise again. Last week, the firm reported a record 223million paid subscribers with several million more expected to sign up before the year end.
Once, Netflix was the only streaming service in town. Today, competition is fierce, as Disney+, Apple TV+, Amazon Prime and a host of others battle for viewers' wallets.
Increasingly, they do so by producing their own shows, hits such as Squid Game or Ted Lasso, only available on the network that created them, but streamed to subscribers around the world.
Zoo Digital helps to make it all happen. The firm has pioneered a way of using software to allow films and series to be translated into dozens of different languages, so audiences from Kathmandu to Sao Paulo can watch whatever they fancy in their local tongue.
Chief executive Stuart Green has amassed a network of 10,000 freelance language specialists, including subtitle creators, dubbing experts, voice actors and directors. Using Zoo's kit, they can work from home, with just a computer, internet connection and, in the case of actors, basic recording equipment.
The ease of the process – and the quality of the work – have allowed Sheffield-based Zoo to build relationships with all the streaming giants, including Disney+, which is behind the unexpectedly popular series Welcome To Wrexham, now available in dozens of languages.
Last month, Zoo said business was brisk, with first half sales expected to increase almost 90 per cent to $51million (£45million) and plenty of new contracts on the books.
Brokers expect full year revenues of $95million for the year to March 2023, with profits more than doubling to $6.9million and further strong increases pencilled in for the year ending March 2024.
Green is ambitious too, targeting annual sales of $400million by 2030, with profits rising sharply alongside. The target seems well within reach. The big beasts of streaming are battling it out to produce the best shows and the more languages they are translated into, the more subscribers they can reach.
Independent analysis suggests that the translation and localisation services market for media companies should double in size to $3billion a year by 2030, and Zoo is a leader in the field.
Midas verdict: Midas recommended Zoo in January 2021 when the shares were 79p. Now they are £1.43 and brokers believe they should reach £2.50 within the next year or two. A strong hold, at the very least. |
Excellent read for newbies:
Posted by Verulamium:
Ludicrous headline, but ZOO's picked as one of 3 shares here:
How to Turn $1k into $100k With These 3 Micro-Cap Growth Stocks |