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Going down to 9.5 max - revenues are up massively, xchange rate will have helped 2ndH and appointment of new CEO and strategic investment will take this way above 15 by year end, just watch this space or buy in, great entry for newbies imv!
Think this will go down today, the profit margins are not good, it would be a good bet for the future but to get in I think the price will go a lot lower so best to wait only my opinion
profit compression severe..and that's before euro strengthening cut in for real (only happened after 23rd june so not really in interims)
and a new CEO is appointed... This will fly! Very soon imv
Just e-mailed them asking if they've looked at BOX as a possible acquisition. Probably not a great fit but nothing ventured, nothing gained.
Have squared that away as a bigger job and in a much bigger company. Lets see what magic our new NED can weave. Still think we will see net profits in the region of £2m for the current year and an increased cash pile of £7m at year end, providing no acquisitions in the interim.
and margin pressure from strengthening euro v � don't inspire ..gl
Morning Jolly, still holding here. its a bit of a score draw. We knew there was margin pressure from the previous results and we already knew the revenue was up . We also knew they were looking for acquisitions and they were looking to reposition the business. The NED appointment looks good. Would like to have seen some numbers but didn't expect to. Happy to hold and will add if it drops more.
summer spike imv ..well done smudgedan for getting it going ...if that's wot u achieved ..looks gud, but underneath the bonnet..well not so clear
Very slow day here today thought we might get a bit more volume considering.
plenty of headwinds ..not least strengthening euro vs £
last two days to me indicates an update due and my bet is on 4th day of AGM.
pe of 2ish a 100% rise still would have a tiny pe ratio of 4 and a good chance of a trading update on 4th day of agm. Whats not to like.
By smudge, picked some up here earlier, should be good for a run
Spreads narrow with volume. Yesterday this site reported spreads of 15% on this stock this morning its 5%. Wide spreads also indicate unloved and untraded stocks....so not always a bad thing. If volume picks up here today which im sure it will those spreads will narrow again. Especially when you consider circa 56% of the stock in ZMNO is held by institutions...the free float is small which will lead to price pressure with some decent buying volume.
Listened he tipped sppc and this. Both 10 percent up next day. Hard to buy and big spreads.
Thanks for your answer. I'll put it on my radar.
From what I understood he left for a position in another company...so doesn't seem to be any problem there. I think the stock is just unloved. I think some shareholders wanted/would like a Dividend Payment from the cash holding, whereas the company says it wants to keep the cash for acquisitions. At the end of the day there are not many AIM companies putting in a profit like ZMNO. The valuation just doesn't make sense to me.
I've just gone through some last RNS', final results. Everything seems to be OK. Why is it that unpopular, why the CEO's resignation? Where the catch?
Good coverage last night on the Vox Markets Pod Cast. You have to say this company is really undervalued, pretty much half the valuation is held in cash, very profitable and in a good sector. Hopefully the new CEO will bring a new burst of energy to this stock....it deserves a serious re rate in my opinion.
selling
sure lol
Maybe but is it really a sell ten?
.
P/e very very low. Sales growth strong. Go figure. Whys it not isaerable is that the problem?