Zoo Digital Share Discussion Threads

[estienne] 26/1/2021 10:38

Give it time

[mikemichael2] 26/1/2021 09:06

Yes it will.

[estienne] 26/1/2021 09:04

no it won't

[mikemichael2] 26/1/2021 08:37

£1 will be a strong resistance.

[philjeans] 26/1/2021 07:29

Very strong update. Keep BUYING.

[hybrasil] 26/1/2021 07:21

What a great tip from this is money

I was tempted yesterday but did not buy.

Anyone who did will be rewarded

Watch the whoosh

[uknighted] 26/1/2021 07:20

As per usual Zoo always introduces a dose of realism into their updates :

“ Since the half year, ZOO has continued to see the benefits of its cloud-based offering and ability to undertake projects remotely. Whilst new productions have been on hold due to the COVID-19 pandemic, the Group continues to see increased workflow from preparing back catalogue titles for digital distribution globally, although the volume of this work is not expected to continue at such high levels once new production returns to normal. ”

[amt] 26/1/2021 07:12

Very bullish update today.
Let's hope this is the start of consistent strong growth.

[uknighted] 26/1/2021 07:11

RNS Trading update

ZOO DIGITAL GROUP PLC

("ZOO", the "Group" or the "Company")

Trading Update

Strong trading



ZOO Digital Group plc, a world-leading provider of cloud-based localisation and media services to the global entertainment industry, today provides an update on current trading and outlook for the financial year ending March 2021.

Since the half year, ZOO has continued to see the benefits of its cloud-based offering and ability to undertake projects remotely. Whilst new productions have been on hold due to the COVID-19 pandemic, the Group continues to see increased workflow from preparing back catalogue titles for digital distribution globally, although the volume of this work is not expected to continue at such high levels once new production returns to normal. As a result, revenues for the full year are now expected to be at least $38 million (FY20: $29.8 million), an acceleration of growth in the second half over the first half of 35%. Based on this strong performance, the result for the year is anticipated to be ahead of market expectations.

It is encouraging to note that some new productions have restarted more recently. In addition, there has been expansion of budgets by major industry players as streaming becomes mainstream, with content being sourced more broadly from international producers. These trends are underpinned by rising consumer spending on content.

The pandemic has provided ZOO with the opportunity to increase its engagement with dubbing customers due to the differentiated benefits of its cloud technology over a period when the Board believes its major competitors have experienced revenue declines . The Company has been well placed to meet changing market requirements as the digital transformation of the industry has been accelerated. This endorses ZOO's business model and strategy which the Board believes will support continued growth once new productions resume.

The Group has also added new customers during the period that are expected to contribute during the 2022 financial year.

The Company continues to invest in its technology and growing its international footprint. A wide range of enhancements have been made to the Company's ZOOstudio platform to further embed it in customer operations whilst ZOOdubs has been extended and ZOO's dubbing service expanded geographically through investment in people in new markets, cementing its technology leadership.

Stuart Green, Chief Executive Officer, said:

"ZOO Digital has traded very strongly and is pioneering and innovating the services it provides to the global entertainment industry. Our technology-first, cloud-based approach has positioned the Group very well to meet market requirements during and subsequent to the pandemic, despite the disruption caused to new production.

"ZOO is a trusted partner to major media companies and through our end-to-end service model, which brings together comprehensive localisation and media services, we are able to support major studios and streaming services as they globalise their content to reach audiences worldwide.

"We are investing in growing our global footprint as well as benefiting from the resumption of content creation and digitally remastering back catalogues for the global market."

[arcadian] 25/1/2021 17:27

I would not rule out a bid from RWS now that they have absorbed SDL

[philjeans] 25/1/2021 13:08

Hang on - will be taken over by Disney in due course. They do a huge amount of business with them. Likewise Netflix.

[saltaire111] 25/1/2021 11:42

Hey, I’m now in profit on zoo. Taken a while but we got there in the end!!

[costapacket] 25/1/2021 10:17

Thanks Martina!

[martina pescatore] 25/1/2021 10:08

See post 7731 for the link to the article

[costapacket] 25/1/2021 09:49

@verulamium - thanks -sorted now.

With thanks to Martina.

Onwards and upwards

[verulamium] 25/1/2021 09:44

See below for link...no target price.

[costapacket] 25/1/2021 09:42

Delighted to wake up to this, patience being rewarded.

Does anyone have a link to the MIDAS tip? I'm curious as to their expected target price.

[ny boy] 25/1/2021 09:02

Nice recovery, long way to go but investors are starting to be rewarded

[toptomcat] 25/1/2021 08:58

This still has a long long way to run

[philjeans] 25/1/2021 08:29

Peaked at over 170p two years ago - and that was before COVID and the massive burst in their prime service emanating from home viewing!

[gswredland] 25/1/2021 07:23

Thanks amt

[amt] 25/1/2021 07:22

About 60.
However about 30% to 40% of additional turnover should drop to bottom line. So 100m usd of turnover perhaps could add £15 to £20 m of profit then pe would be just 3 or 4.
However that's years into the future if all goes well but shows the potential.
I see this has some upside but not a ten bagger. DYOR may be wrong

[gswredland] 25/1/2021 07:15

Anyone the PE of this?

[philjeans] 25/1/2021 07:07

The DM tip should add 10p today.

Keep buying - 100p first target.