Zoo Digital Share Discussion Threads

[tech punk] 20/1/2007 11:27

And Pay off to Deri ;)

[uzbekking44] 20/1/2007 04:15

Swiv, you say cashburn is not an issue.

It looks like the company has already chomped its way through a hefty chunk of the fundraiser in a matter of months. Thid indictaes that the business is as cash hungry as ever.

Scrivener may not pay the £200k for ZIV as it looks as if DVDi is on the wane.

For all we know the remaining cash might be needed to just complete TAS let alone market it against the already available Sonic product. They might well only be able to sell it to Disney as per the Regionalisation Tool.

Add to that the yet to be accounted for exceptionals in the final year accounts and you have a parlous Balanace Sheet on your hands with little or no chance of future cash being made available to prop the compny up. Certainly shareholders, new and old have been shafted so badly they just are not going to be duped by the ZOO story again.

I can see few rewards in holding ZOO but a great deal of risk.

[siwel100] 19/1/2007 23:12

uzbekking...Oddly enough,it doesnt make a lot of difference to the future success of zoo. ZIV's "one off" contribution will be reduced, not removed. Added to cash in the bank they have ample funds.
The real question is the take-up, both in terms of speed and volume on the zootech software.As a slimmed down niche software house they have to shift product.
With a slashed cost base, cash burn isnt the issue of previous years. They have plenty of time and they now have to turn the restructure into a viable and profitable business.
They have a market cap of 1.9m. Not exactly overpriced. They already have 1.75m on the balance sheet + iDVD income dropping in over the next 3 months.
Perhaps if ZIV and all the costs hadnt been dumped I might have agreed with you. But like the console games, they are gone.
Zoo has a clear run this year with the increased toolset to drive sales. If they achieve it they will become very profitable. If not they will suffer the fate of any company that cant sell product. Worth looking at the header again to see some of the companies already using Zoo before dismissing their chances.
If the ZIV contribution had been high then Zoo would have made a maiden profit this year. It isnt and they wont. But thats a long way from doom, gloom and shutting up shop tommorow....but thats the way of advfn threads,

[uzbekking44] 19/1/2007 23:01

It seems that way Dog. I can not see any one buying the ZOO story again if the company goes looking to raise cash yet again.

With ZIV sales so poor is there not a chance that Scrivener will not pay his differed payment? That will hurt the cashflow even further.

All in all it looks to me like the game is up.

[the_dog] 19/1/2007 21:11

From RNS: 'a strong cash position
of approximately #1.75 million on the balance sheet' Does that mean this is all that is left from the 3 or3.5M? they raised?

[tech punk] 19/1/2007 20:32

Poor sales will though if that is what they have

[mukesh4] 19/1/2007 20:32

after bgt ts i think s p will suffer.

[uknighted] 19/1/2007 20:13

TP The share price has risen of late and not even the resignation today of the MD has knocked it back. Regards UK

[uknighted] 19/1/2007 19:57

Bright Things - BGT Don't see why their share price should suffer though.

[tech punk] 19/1/2007 19:19

Hmmm depends on expectations. Must have a look and see if a tasy short is worth it over there!!!

what is their ticker?

[mukesh4] 19/1/2007 19:17

so it does,t look good for bright things.

[aerotus] 19/1/2007 18:08

Time to short, make your money back Cash.

[uzbekking44] 19/1/2007 17:08

Carnage.

If ZOO are saying they will miss the year end targets due to poor IDVD sales then it follows that they are not expecting to make any revenue from TAS deals before year end otherwise that would have offset the shortfall on DVD Extra revenue.

The cash in the bank is dwindling and i am sceptical if ZOO are going to be able to stem the cash burn before thay can get TAS finished let alone sign any studio deals. Nobody wanted to use the Regionalisation Tool, except Disney, and it looks like the same thing is happening with TAS.

With Sonic bringing a comparable tool onto the market backed with their well oiled marketing machine, established relationships and distribution channels I can not see ZOO software getting a look in.

The Disney revenues alone do not balance the books. I can not therefore see how ZOO has a viable future. They still need money to even finish and market TAS let alone cover monthly overheads. The £1.2m is not going to go far.

I do not think the city has the stomach for yet another fundraiser and thus I think ZOO has about 6 months to complete TAS and sign some deals or go bust.

[biggy smalls] 19/1/2007 16:59

Yeah, but look on the positive side. It's a top short.

[siwel100] 19/1/2007 16:29

macca...it went up on light trading, came down the same way. Doubt if there is more than 75k still being held from the rise. mm's will keep hitting it on light trading, but the reverse is another 100% low volume rise on any good news, such is the way of AIM.

[macca28] 19/1/2007 16:14

has anyone mailed zoo about the exciting times ahead?

[macca28] 19/1/2007 15:55

siwel100 i did not see many sells
the mms have dropped the price just like the bookies would on inside info

[siwel100] 19/1/2007 14:52

Bodgit...There is no liquidity left. Most of those that bought on the way up, sold on the way down. When the buying starts, it will bounce....but depends when the buying starts. I dont fancy propping it up until we get some figures/good news.

[bodgit] 19/1/2007 14:48

At least there has not been a mass stampede out of ZOO - so far anyway. It is my worst performing share and I will not be investing even petty cash amounts in this one - thrice bitten, twice shy!. Good weekend all.