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Lemonade311 your opinion could be helped by this
ZOO Report 2023 (Search for Artificial Intelligence )
https://www.zoodigital.com/wp-content/uploads/2023/08/Zoo-Annual-Report-2023_Online.pdf
Few quotes :
"ZOO’s target customers are major global operators of streaming services and producers of premium entertainment content and therefore the quality expectations for localisation and media services to fulfil their requirements are the highest in the industry. Here, quality includes the authenticity of a language adaptation of an entertainment product and the extent to which it resonates with an audience that speaks another language and operates within a different culture. At present, while technologies such as ChatGPT may be effective in processing certain genres of media content (such as documentaries, where the commentary may suit a literal translation) or low value catalogues (such as user-generated content or old materials that will be distributed through FAST channels in emerging markets), they are not viable for the type and calibre of content processed by ZOO. However, the Company has since 2020 been actively exploring opportunities to adapt such technologies to provide productivity and other benefits in certain scenarios where such use may be beneficial"
..
"Whilst the standard of these automated dubbing approaches applied to generalised content falls a long way short of the quality requirements of ZOO’s clients, the Board believes that there may be applications of these technologies that can provide some operational benefits to augment and complement the process of dubbing, rather than as a replacement for the creative human efforts that are crucial to the production of authentic language adaptations. Indeed, the Company is actively engaged in several projects to develop capabilities that are applicable to ZOO’s business, including through the exploitation of third-party tools, and where the approach is to augment rather than displace established practices."
...
"In summary, AI is an exciting field of computing that is being developed at pace and holds much potential, including in the field of ZOO’s business. Its successful application in media and entertainment, particularly for premium content, will inevitably be alongside traditional practices and the use of creative talent, and where ZOO’s heritage as an innovator and trusted partner to the leading names in the industry places it well to become a leader in the field. Consequently, the Board regards AI as an opportunity for ZOO’s business rather than a threat"
And you know that?
Mandoo, fair market value is $0 imo.
This is being boosted short term but once Zoo loses markets and margins in a years time from AI generated content we will see this lose 50% in a day
Still way to cheap, looks like cannacord are out
Currently being offered 57.25p for 88,000 shares...a 60p+ close would be nice.
Getting offered 60p to buy now..
Whilst I don't buy into the x100 bagger potential (although x10 is very possible in my view) it's interesting that ZOO are featured in this article, and given a current fair market value of $1.6+ or roughly £1.30+.
https://finance.yahoo.com/news/turn-1k-100k-3-micro-175132714.html?.tsrc=rssA reminder if you missed it
I'd be surprised if we're not north of £1 before the next trading statement is issued in (hopefully) late June/early July. A couple of TR1's prior to then would certainly help. Only my opinion so as always please DYOR.
Thanks for this, my target is 160 year end then 280 next year... Strong buy
This is a reasonable summary on the potential/upside from 18 months ago, prior writers strike.
https://www.thisismoney.co.uk/money/investing/article-11343401/MIDAS-SHARE-TIPS-UPDATE-Zoo-Digital-proves-perfect-sequel-Netflix.html
Good luck and as always DYOR.
Just been through the last annual report and latest trading update. Gem find. Its ticking all the right boxes. A good UK Tech company, Global reach touching US, Far east markets, unique technologies, embracing emerging technologies, growing pipeline, and and luckily a low valuation atm. I can only see this going one way. Last april 200 ish and growing, Once in a lifetime writers strike now over, ZOO is returning (and seems like will soon exceed) where it left off last year. Good chance 200+ is on the cards within next FY. After the writers strike there would of been a delay drag of about 4 months on new material coming, its seems like we have entered the full steam ahead stage. There seems to a be a lot of buying during the afternoon sessions as well which could indicate US investor interest , which is not surprising given the big US content/film companies it has contracts with. All IMO. DYOR
We'll be in no time in the 70-80 zone, and most likely in 120-150 if the recovery is confirmed at the next ER. No brainer imo
Think that was bad move, next stop is 65
This company serves a huge and growing market. I would be very surprised if the SP gets anywhere near 40p again.
Sold out this morning, expected this to drop, will buy back in if it does below 40 again.
Don't believe these takeover rampers.
All my opinion, DYOR bla bla
Glad to hear.. this re-rate has just started.. expect a strong day today .. maybe in to the 60's
Hi all, 1st time poster here.
It's great to wake up to finally being up on my investment here after being 40% down at one point, not planning on selling any time soon as it still seems a way off previous highs, hopefully it can go above and beyond that.
Good luck to everyone invested
ZOO's share price was above 200p before the recent strikes. Now the disputes have been resolved you would expect the price to recover somewhat. I do not believe there is any other explanation, it was oversold in a big way.
Dimply because many of ZOO 's customers would not be too happy eith their products being distributed via a Netflix subsidiary for example Netflux could give priority to their own productions. The business is better as a i dependent.
@havealot why wouldn't it make sense for the likes of netflix to takeover?
Fwiw I don't think there's anything at all to suggest a takeover is on the cards, but interested to hear why you say it wouldn't make sense for a big client of zoo to buy it out
I doubt this this is a takeover, I was around for the Darktrace bid recently and that did have a build up that was unexpected considering the history or the share pattern.
This seems more like a ramping by IIs and could be a pump and dump. Wouldn't be surprised if it's down tomorrow. Very, very happy to be proved wrong!
Just my opinion and DYOR obvs
Something similar happened to Darktrace prior to their Bid announcement with a rise in the price immediately preceding it. So never say never.
Its either that or its now rerating back upwards after the dramatic improvement in business RNS.
Lets face it ZOO is still super cheap and I'm happy to sit on all my shares and follow it back up to 150p to 200p as interest rates cuts should feed through to further business improvement and growth.
Excellent ISA investment imo
Why would there be a takeover. Surely the price is rising due to hopes of a continued turnaround and expectations of new orders, improved profitability and hence improving guidance? Should start to hear more as we progress through the year
The Share Price of Zoo Digital is pining back to its pre Hollywood writers & Actors strike share price around the £1.50+. The Company is the premier go to company for US & International Film & TV studios for dubbing film & TV into international languages etc and also other services. The Strikes have been over for a while and its all getting back to normal services in the world of Hollywood. Europe. Asia.South America where the company also operates. Any Takeover will be well over £1.50 a share IMO only of course & personally the company is not for sale. ZOO Digital as far as I am concerned is a Tier 1 company in it's field of work. So any potential buyer will have to pay a tier 1 price for the company. DYOR people.
The reason it's been sub 40p (+/- 10%) for the last few weeks is that Canaccord Genuity have most likely been selling their remaining 4.75m shares into any rise and suppressing the price. Given today's rise it looks like they're out now, so hopefully a TR1 will appear in the nest few days. In the unlikely event there is takeover offer I'd imagine it would have to be many multiples of 75p to be taken seriously. I think this has a long way to run but as always DYOR. Good luck.
Usually an RNS will have to be issued due to large share price increase, so probably tomorrow night,we will get an offer after closing, so im hoping for 75p plus, but few more days of rises, and who knows! agree with others it doesnt pop around 36.40p for weeks and then suddenly shoot up, so looks like take over in the pipeline? but DYOR as usual!