RE: Fundamental Analysis III17 Nov 2017 09:01
Blimey, cheers for the full and detailed analysis Charlie.
Broadly agree with what you say and the guidance itself reiterates the increasing investment to satisfy increasing demand and future growth and the cash flow has been hit by certain relatively high 'abnormal' finance costs.
I only have a small holding right now as I first bought in the mid 20s, while being slightly nervous that the sp had nearly tripled since the April raise, and added but took some profit before and after the results as often find stocks come off once news / results released and so just mindful of some more consolidation, particularly as HIM/HH seemed to be (understandably) top-slicing.
Personally think there is a lot to be excited about with Zoo in terms of the current positioning and future prospects with Zoodubs etc as well as the preferred vendor status with Netflix and decreasing concentration on the main client so I'm gradually getting back involved as a £35m market cap just feels on the low side.
Most folk say this about their holdings, and may well not be in the short term, but IMO could easily be a takeover target as would be buttons even at 3 x the current market cap.