Zoo Digital Share Discussion Threads

[74tom] 26/3/2024 10:26

A delayed 270k buy at 29p just ticked through from 8.16, presumably a short being closed? The only way the market makers could get the supply to fill such a buy order is to walk shares back down to tempt profit taking...

[7rademark] 26/3/2024 10:25

No debt low mcap and just 88m shares in issue. Surprised the share price has not moved alot higher. Mms have to make their profit I suppose.

[z1co] 26/3/2024 10:20

7rademark

Certainly a lot more orders to come , Q1 onwards will be even more buoyant.

From today's TU:

Following engagement with its customers, the Company has now secured improved visibility of work, with some extending until September 2024. Many orders are currently in progress and a growing pipeline of further projects over this period has been confirmed. The Company's order book for FY25 Q1 is currently up by 30% on FY24 Q4. This order pipeline from major customers underpins an expectation of a strong recovery in revenues in FY25 H1.

In February 2024 the Company was appointed by another of the major film and TV distributors as a primary vendor for dubbing in several languages and a preferred partner for subtitling of global languages.The Board expects to receive first firm orders for this new engagement in the coming weeks.

[7rademark] 26/3/2024 10:09

The decline in share price from 200p has been brutal. But it looks as though they have saved themselves. Mcap is well below orders value and very probably there are more orders to follow. Buy.

[74tom] 26/3/2024 09:32

Going back to the start of 2017, the highest daily volume here has been 10.4m shares on 22/01/2019, followed 7.7m on 21/08/17.

We've already seen 7.3m traded in the first 90 minutes today...

[74tom] 26/3/2024 09:24

I'm talking about trading in the first hour today...

Market makers sitting on the offer to prevent buying & then setting false spreads to control volume etc.

It's all classic AIM SETSqx nonsense

[z1co] 26/3/2024 09:20

On the back of that trading update the shares are currently worth more than 50p.

[linton5] 26/3/2024 09:16

Gonna have to let her go

[mortal1ty] 26/3/2024 09:16

Hardly manipulation lol.

The business had 3 profit warnings. Sales forecasts dropped from $100m+ to $40m. The business burnt through $16m+ cash, and ended up in a position where they nearly had to resort to debt.

[philjeans] 26/3/2024 09:09

BARGAIN TIME!

STRONG TRADING.

BUY

[74tom] 26/3/2024 09:08

Yep, this is going to rocket IMO, I can rarely remember such manipulation - the last example would be AGL back in Jan when it ran from 11-35p

[z1co] 26/3/2024 09:06

I can't believe the share price dropped so much.

[z1co] 26/3/2024 09:05

In extended auction but price is now 27p v 28p and it's NT to even buy 5,000 at 28p

[z1co] 26/3/2024 08:59

It's currently NT to buy even 10,000 at 27.5p

[z1co] 26/3/2024 08:55

It looks Q1 will be very strong:

In February 2024 the Company was appointed by another of the major film and TV distributors as a primary vendor for dubbing in several languages and a preferred partner for subtitling of global languages. The Board expects to receive first firm orders for this new engagement in the coming weeks. Furthermore, due to the strong demand for European dubbing, the Company plans to continue to expand its capabilities in Spain, Italy, and Germany.

Following engagement with its customers, the Company has now secured improved visibility of work, with some extending until September 2024. Many orders are currently in progress and a growing pipeline of further projects over this period has been confirmed. The Company's order book for FY25 Q1 is currently up by 30% on FY24 Q4. This order pipeline from major customers underpins an expectation of a strong recovery in revenues in FY25 H1

[mortal1ty] 26/3/2024 08:49

Took a starter position this morning. 28p. Good luck all.

[74tom] 26/3/2024 08:33

Could get really interesting here today looking at the current antics on the book - 27.88p to sell and 27.5p to buy - that means one thing, MM's are desperate for shares / someone is caught short. STRONG BUY.

[philjeans] 26/3/2024 08:20

Bargain here now!

Good time for Hollywood to make a T/O here at rock bottom price!

[z1co] 26/3/2024 08:18

Looks like the fall from 65p in January was over done.

A minimum of 50p to 60p short term

[z1co] 26/3/2024 08:13

Fantastic trading update and what a turnaround.

Has caught the shorters with their pants down.

Bought a very decent opening position.

[74tom] 26/3/2024 08:11

Have been critical of performance here in the last 12 months, however today's news is nice to see. Looks a strong buy from these levels...

[seagreen] 26/3/2024 08:04

Looks like things are improving rapidly worth tucking away a few for a year or three

[malcolm caton] 26/3/2024 07:56

Pre market trades @25p,hope for more at higher price.

[babbler] 26/3/2024 07:36

Beat expectations

[mortal1ty] 21/3/2024 10:33

Remember it burnt through $9m between 30th September and 31st December. So that is 3 months. Burning through $3m a month.

They had $9m left. So... basically could have almost run out of cash by now.