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Pin to quick picksMediazest Share News (MDZ)

Share Price Information for Mediazest (MDZ)

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Share Price: 0.075
Bid: 0.07
Ask: 0.08
Change: 0.00 (0.00%)
Spread: 0.01 (14.286%)
Open: 0.075
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WINNERS & LOSERS SUMMARY: KAZ And Kingfisher Slip On Broker Changes

Fri, 17th Aug 2018 10:24

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Kingfisher, down 2.3%. The home improvement retailer, which owns B&Q, has suffered from a number of broker price cuts. Barclays, UBS, CFRA, Deutsche Bank, RBC, Societe Generale, and HSBC have all lowered the price targets for the company. ----------FTSE 250 - LOSERS----------KAZ Minerals, down 11%. The resource company, whose shares rose sharply Thursday after a strong rise in both interim profit and revenue, had its price target lowered by brokers UBS, Deutsche Bank, Credit Suisse, and JPMorgan. ----------OTHER MAIN MARKET AND AIM - WINNERS----------Airea, up 17%. The floor covering manufacturer said its profit and revenue for the first half of 2018 increased after it closed its loss-making carpets business. For the six months to June 30, Airea reported pretax profit up by 18% to GBP1.3 million. Meanwhile, revenue increased 12% year-on-year to GBP9.1 million. During the six month period, the company closed its loss-making residential carpets business Royalux. To explain the benefit of the closure, the company said if it includes Royalux's results then group pretax profit dropped to GBP700,000 from GBP1.3 million reported on a continuing basis. Airea declared an interim dividend of 1.75p per share, unchanged from the prior year.----------7digital Group, up 10%. The music solutions provider has signed a contract with music video platform Triller to provide access to music clips and manage label reporting. The contract initially covers an 18-month period and will contribute to 7digital's revenue from 2018 onward. Triller currently has 29 million users across 14 countries on its artificial intelligence-driven platform. "We are delighted to be announcing this deal with Triller. 7digital is expert at providing access to music for innovative platforms of this type, having previously partnered in 2016 with musical.ly, another fast-growing social media platform based around video and music with a strong international footprint," said Chief Executive Simon Cole.----------OTHER MAIN MARKET AND AIM - LOSERS----------Canadian Overseas Petroleum, 22% lower. The company is raising GBP3 million through the issue of 895.5 million new shares at 0.335 pence each, with the cash going towards on-going general expenses. ----------MediaZest, down 11%. The firm said it is disappointed with its annual results which showed a widened loss and a drop in revenue due to significant project delays. For its year ended March 31, the company, which creates audio-visual solutions, reported its pretax loss widened to GBP256,000 from GBP146,000 a year ago. Meanwhile, revenue dipped 6.7% to GBP2.8 million. The company said annual performance was hit by "particularly frustrating" project delays, whose financial contribution will now be recognised in financial 2019.----------Dukemount Capital, down 12%. For the year to April 30, the company posted a pretax loss of GBP285,968 compared to GBP177,149 a year ago. The loss was due to the cost of its activities which included pursuing transactions, acquiring its first property, and maintaining its listing on the Official List of the UK Listing Authority, the company explained. Dukemount was created to acquire, develop and manage a property portfolio specialising in the supported living and hotels sectors, therefore it did not make any revenue. "The group has explored numerous opportunities during the year and whilst progress has not been as fast moving as we would have liked we do consider that we are now working with the right parties on the right properties and look forward to moving ahead with our first two projects and using this model as a blueprint for future developments," Chairman Geoffrey Dart said.----------
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13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

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13 May 2024 11:51

MediaZest shares leap on new contracts and expected return to profit

(Alliance News) - Shares in MediaZest PLC shot up on Monday, after the company reported strong trading in the first half of its financial year and boasted of several new contract wins.

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13 May 2024 11:34

Mediazest delivers 'positive' H1 performance

(Sharecast News) - Audio-visual solutions provider Mediazest said on Monday that it had delivered a "positive" first-half performance, with strong momentum also continuing into H2 with further contract wins.

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13 May 2024 10:38

AIM WINNERS & LOSERS: MediaZest soars on new orders, trading momentum

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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3 Apr 2024 12:19

EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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28 Mar 2024 15:53

MediaZest reports continued robust trading

(Sharecast News) - Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.

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21 Mar 2024 14:59

UK shareholder meetings calendar - next 7 days

Friday 22 March 
Kitwave Group PLCAGM
Triple Point Energy Transition PLCGM re managed wind-down
URU Metals LtdAGM
Monday 25 March 
Digital 9 Infrastructure PLCGM re managed wind-down
Hardide PLCAGM
Sondrel Holdings PLCGM re convertible loan agreement and proposed fundraise
Tuesday 26 March 
Becket Invest PLCAGM
Power Metal Resources PLCAGM
Power Metal Resources PLCGM re share consolidation
Riverstone Energy LtdEGM re proposed tender offer
Titon Holdings PLCAGM
Tribe Technology PLCAGM
Wednesday 27 March 
abrdn Private Equity Opportunities Trust PLCAGM
Asimilar Group PLCAGM re cancellation from AQSE
Kondor AI PLCAGM
Nexus Infrastructure PLCAGM
RC365 Holding PLCGM re convertible loan note issue
Tekmar Group PLCAGM
Troy Income & Growth Trust PLCGM re proposed combination
Thursday 28 March 
Autins Group PLCAGM
Dar Global PLCAGM
Idox PLCAGM
Law Debenture Corp PLCAGM
Malin CorpAGM
MediaZest PLCAGM
React Group PLCAGM including vote on share consolidation
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.

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5 Mar 2024 21:59

IN BRIEF: MediaZest optimistic for future despite swing to loss

MediaZest PLC - Surrey, England-based audiovisual solutions provider - Swings to pretax loss of GBP553,000 in the financial year ended September 30, from a profit of GBP12,000 a year prior. Revenue falls 17% to GBP2.3 million from GBP2.8 million. Looking ahead, says demand in three core sectors of retail, automotive, and corporate offices continues to grow. Further, notes rise in incoming opportunities after the financial year ended amid increased marketing activity. Says that longer term client projects are set to continue in the current financial year 2024. Whilst noting that the company is disappointed about the results of financial 2023, Chief Executive Officer Geoff Robertson says: "Following the uptick in activity in Q4, we believe we are well-positioned moving into the next financial year. Ongoing long term project roll outs with existing customers including Hyundai [Motor Co], Pets at Home [Group PLC] and Lululemon [athletica Inc], in Europe in particular, have continued into FY24 with further installations already completed and additional projects forthcoming."

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13 Feb 2024 10:05

Mediazest secures 'substantial new business win'

(Sharecast News) - Audio-visual solutions group Mediazest has scored a "substantial new business win" with a "large" UK-based FTSE-listed client.

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13 Feb 2024 09:35

IN BRIEF: MediaZest wins GBP200,000 contract with "large" UK client

MediaZest PLC - Surrey, England-based audiovisual solutions provider - Announces "substantial" new business win with "large" UK-based, FTSE-listed client. Under the contract, MediaZest will provide digital signage solutions for multiple workspace locations for the client over the next two years, with an aggregate contract value of around GBP200,000.

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13 Feb 2024 08:48

LONDON MARKET OPEN: Slow start ahead of US inflation reading

(Alliance News) - Stock prices in London opened lower on Tuesday, with a stronger pound and interest rate sensitive stocks keeping a lid on the FTSE 100, following more robust than expected UK labour market data.

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13 Feb 2024 07:45

LONDON BRIEFING: "Record" Tui quarter; Ultimate Products eyes payouts

(Alliance News) - London's FTSE 100 is to open ever-so-slightly lower on Tuesday, with trade set to be nervy ahead of the afternoon's US inflation data.

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8 Jan 2024 12:20

MediaZest raises £0.12m to drive Dutch growth

(Sharecast News) - Audio-visual creative company MediaZest completed a fundraising on Monday, raising £0.12m before expenses, to support the growth of its Dutch subsidiary.

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8 Jan 2024 11:46

IN BRIEF: MediaZest raises extra funds as strong trading continues

MediaZest PLC - Surrey, England-based audiovisual solutions provider - Raises GBP120,000 through issue of 300.0 million shares at 0.04 pence each. Fundraise comprises placing of 250.0 million shares and a subscription to the other 50.0 million "for certain private investors". Company will use proceeds to invest in business development and support growth of its Dutch subsidiary. MediaZest also continues to sign repeat work, while annualised recurring revenue contracts have increased in value to around GBP700,000 per year. Adds that markets in key sectors are expanding and that it aims to "build a best in class roll up business, attractive to larger players in the medium term."

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27 Nov 2023 15:45

MediaZest secures international retail business opportunity

(Sharecast News) - MediaZest announced on Monday that it recently secured a new business opportunity with an international retail client.

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