Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Rns announcement out for zoo tr1 form. How can u tell if its a buy or a sell. Just an x in the box. Saying aquasition or disposal. Does not say which ?
This is going down the dunya!
Want to buy in, probably take a punt at 20p
OpenAI just launched Sora too. https://openai.com/sora
Nope.
Zoo is not going to be leading anything to do with AI/ML at all, It will be a new company with VC funding that will do this.
Their CTO looks absolutely garbage.
Here's the CTO's previous team member page from 2022: https://web.archive.org/web/20220930023829/https://www.zoodigital.com/team-members/chris-oakley/
Oh look, it's missing AI completely. They added AI to his team member page in 2023. They did this to deceive shareholders into thinking they have AI skills. Another red flag.
This CTO has no experience at all in software development or AI lol. His experience is as a QA analyst! QA testers are not software engineers, they use playwright/selenium for automated tests and the rest is just manual clicking about.
Https://www.zoodigital.com/team-members/chris-oakley/ I imagine zoo will harness AI and us it to there advantage. Like pretty much every industry on the planet going forward. Chris will already be ahead of the curve.
All good posts and great debate - maybe need to consider Zoo as a leading developer of AI potential in their industry and actually ahead or the transformation game?
@havealot
I agree it's overhyped but to me It all depends on how fast it develops. If AI will be able to do dubbing in different languages using the same actors voice (and I've seen very good videos on youtube of AI already doing this) and being much more accurate in 5 years than it is now, then it's game over for Zoo imo.
And I wouldn't personally bet against technology advancements like this.
Does anybody has access to this report? Would be good to get some bullet points here Or any other recent articles? https://ukinvestormagazine.co.uk/why-zoo-digitals-recovery-could-be-further-delayed/
Lemonade311
I do not see any similarity with Sears at all.
AI capabilities are being massively overhyped. The AI models will never produce 100% accurate results due to the mathematical and statistical limitations of the process. Therefore can you imagine studios producing a film and then using some AI platform to dub and or localize it and then just issuing the resulting product without manually verifying the result. Once you start checking the resulting product, you might as well have manually done the dubbing/localising in the first place. I am not sure that the authors/scriptwriters would be too happy either with an approximate translation of their work.
There was a massive funding round last year where institutions bought for 177 or something at a discount however.
I agree AI will replace a lot of what they do but business will focus if other areas and utilise AI how they wish. I don't see this going back up to previous highs but into the 100s is possible this year given the demands range of customers and services which they provide.
This is interesting however, I also work in IT however progress can be slow given the reason the strikes happened in the first place. The industry will move slower than you'd expect.
DYOR etc
To all the posters here saying it's cheap, this looks like a classic value trap and like Sears did in 1999.
Don't underestimate how fast AI subtitle generation will improve (Youtube's closed captions for example are 10x better than just 2 years ago and amazing now).
Dubbing could very well be done by AI soon, AI will get better and cheaper, killing zoo's margins. A company with ML engineers will offer better services for a 10x cheaper price.
See here for an example of hour amazing AI dubbing will be: hxxps://twitter.com/i/status/1618954444510728192
This company only has a few years free cash flow left in it imo, it's stock price should be cheap (and probably cheaper), looks closer to a short than anything else.
The CEO doesn't know ML either, he probably doesn't understand how fast it will replace Zoo which is why he's buying.
All in my opinion of course as a software developer myself.
Why?
This company looks like the equivalent of sears in 2000. AI will replace it within 10 years, the quality of dubbing and translations will become increasingly better and a new company which has ML engineers will offer better AI quality of dubbing/subs for a much cheaper price, killing zoo.
That's why Zoo has dropped so much, AI is an existential threat to them.
Cant believe this and am buying as much as I can - not like me but this company has credibility
Yeah, big buying opportunity, or we could be on track for a takeover
Surely this is a good time to get another go at buying, will probably be a hold for a while however
Hmmm ....cant decide if I should jump over the fence into the Zoo ....
If they stop business with Zoo then what??
Didnt see that coming but topping up!!!
Reading the forward looking statement in the RNS this drop looks to be harsh, All the bad news of is now out of the way and things should now pick up from here.
Hopefully things pick up
I'm expecting Zoo to feature in a few 2024 tip sheets
Nearly 10% up today but there should be a lot more to come.
Looking back, Zoo Digital were as high as 200p in March, when the Writers Guild of America said nearly 99% of its members had voted for improved conditions. Their strike started in May, SAG-AFRA strikes followed, heavily knocking work for ZOO but now issues are resolved there should be a strong bounce back. DYOR.
Courtesy of Citywire...
Zoo Digital can continue to bounce back, says Liontrust
The resolution of the Hollywood actors’ strike has benefited Zoo Digital (ZOO) which is on track to meet longer-term targets, says Liontrust fund managers Anthony Cross and Julian Fosh.
The pair hold the company, which provides globalisation services for film and TV content, in their £140m Liontrust UK Micro Cap fund.
Shares in the trust fell 60% year-on-year in the six months to September as Hollywood ground to a halt amid strikes from writers and actors but in November, the shares bounced nearly 50% as the strikes were resolved and the company ‘now expects sequentially stronger trading in the coming months, with sales increasing significantly in the next financial year, and earnings are on track to meet market expectations’, said the managers.
Over the long-term, the duo said Zoo Digital will be ‘a beneficiary of the media rationalisation trend, as customers select a smaller group of vendors’.
‘As a result, it anticipates increasing its share of the media localisation market once business levels normalise,’ they said.
https://citywire.com/investment-trust-insider/news/expert-view-superdry-zoo-digital-john-wood-de-la-rue-and-trainline/a2432899
Yeah, just feels as it will drift down for another 6 months or so, so I'm not rebuying any time soon....
The numbers look a bit horrendous. not really unexpected but still a shock and obviously going to take longer to get back to where it was. surprised for them to be talking about 2025 instead of next year though.
the low could be worse than most anticipate. probably too late to be sitting on the sidelines now as expect the opening price to be mean but don't see a big bounce this morning.
sad to see that the timeline for profitability has been pushed back quite so far.