The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Totally agree BMR ,Zinc are a hard working Team & they are certainly making productions, that are gaining the company respect, Really happy with the management & know they will deliver & the shareholders will be rewarded, looking forward to the next leap forward. I feel some solid foundations have been laid to build a greater company.
Was a new production which began on More 4 on thursday night, I had not known about this being in the pipeline, so was surpised, but at the same time thought great - More revenue for Reef & ultimately more revenue for Zinc, There are still more productions in the pipeline that are due to be aired at some point. If that was not known about are there others that are not known about !! Its the Broadcaster who ultimately decide when to air the productions, They commission the production company to produce a production & the production company get paid in stages. ( like any product that is ordered, it is paid for on passing to the buyer) Ultimately its the Broadcaster who buys the production - how popular the production is, is another matter like a Brand, the Penelope Keith brand seems to be working, similar to the Michael portillo Brand for his Railway shows, & this must be good news for Reef. (together with there other brands, that are still being produced, that looks good for growth in revenue & brand value) Its also worth noting that revenue is also gained from repeats & from sales to other networks, although the boadcaster commissions the show, the producer still retains some rights over future revenue especially when sold after a certain time to other networks, globally, (netflix etc) so in effect the productions can be sold again to other broadcasters in other countries producing more revenue from something that has allready been produced & sold, & paid for, Zinc have a department dealing with this. How many products can you produce & sell more than once ? So if there are productions being commissioned that we do not know about, then that's got to be good news as the revenue is going to be much higher than we anticipated, Note though - ( " Be careful, its probably best to be safe & wait for the end of year figures to come out, & then mull it over & take that chance that zincs SP will be the same as it is today, if its not & its gone up then its got to be a good thing, so then will be a good time to fill your boots ! ) I read an interesting article on investment the other day " Individual investors make bad market-timing decisions, they buy high & sell low , sometimes they miss out due to impatience" . "Loss aversion, means most investors hate losing money, more than they love making gains of the same value. As a consequence they missed the subsequent recovery in share prices" Fear & Greed are the emotions that drive markets down & up, as much as economic facts, because the participants are humans & subject to herd mentality. Good luck all DYOR
Those concerned with insider trading - should be quite pleased that any trading, was "Buying", (rather than selling) which is very positive, as it shows that insiders are bullish & positive about zinc media & its future. Any suggestions that insiders are "Buying" is Surely a sure sign to also buy - especially at the current price. The recent coverage by Align Research will be just the start of coverage by researchers & Analysts (considering how other companies are researched, these research & brokers views will become more frequent & for a growing company like Zinc, the SP targets get updated frequently, as these Analysts look more deeply into the company) who knows what other analysts SP targets will be. Broker & Analysts views can have big impacts & the crowd suddenly sit up when they come out. GLA & do your own research.
Good points Shenners, Excellent prospects here. The only similarity Sbuild is that Zinc are 'Brave' in doing what they have been doing & major investors see that. A few little trades & the sp bounces about. Some of these small traders will be kicking themselves in time, they probably know nothing about Zinc, its history, who is involved, what its plans are etc, but constantly look at the risers columns & jump in after they see Zinc rise ( & others), then after a few days get nervous & jump out constantly on the look out for instant returns. They seem to impact on the sp, sometimes they are lucky, but i would say mostly not. (they should stick to the gee gees) . Its getting close now to "village of the Year" & Penelope Keith being on the screen, its going to be popular & could give Zinc a big bonus. There are so many positives to look forward to, i am certainly holding on & keep adding to what i have held for sometime. Good luck all
The latest acquisition has been named DEAL OF THE MONTH by insider https://www.insidermedia.com/insider/ireland/bafta-winning-firms-acquisition-named-deal-of-the-month If they think its a good deal, it really must be, well done to the Board & to all who have held on.
Your taking the lead BMR, its a good time to be "greedy & not fearful" . I can't see much downside either, for a company with �20m revenues & profitable that has some very talented management & investors with proven track records, & who have grown companies using "the Pizza Express Formula",(the outlets run themselves & the board add outlets & grow the company) Zinc are not a start up, they are a respected company well run company - so i am sure that we are going to be partying at Shenners 3p party within the near future.
& the GM on Mon 13th Nov, when resolutions regarding recent news will be on the agenda, once these are all passed then i can't see the sp hanging around at its current level. A similar situation occured with the sp prior to last years GM on 15th Nov & shortly afterwards the sp took off. Zinc are in much better shape than a year ago, & are now a profitable company, buying up other profitable award winning companies. There may be a bit of a scramble in the coming weeks to get hold of a Zinc share - so as Shenners says "Dont worry Guys" I'm not,
Certainly is that Shenners. Zincs current valuation seems ridiculous compared to historical data, other TV production companies have averaged valuations = 1.7 x Revenue. Sky paid 2.7 x Revenue for "Bake Off" maker - Love Productions. ITV paid approx 2 x revenue for "24 hours in A & E" maker- The Garden. Zincs current valuation = less than 0.3 x Revenue at a time when Zinc has paid an average of 1 x Revenue for recent acquisitions. From a report i found this -- Factual content is very much sought after by broadcasters, who due to pressure from falling advertising revenues NEED IT, as few programming genres can produce low cost content which performs well, even at the 9pm slot, BUT FACTUAL CAN, & there has been a notable increase in commissions for factual content. European regulations require public service broadcasters (BBC, ITV, CH4, CH5 etc) to commission a minimum proportion of there content from indies (25% in uk & increasing). Given that the revenue opportunity for factual content is increasing, companies have sought to gain exposure by acquiring fellow indies which are factual specialists. (Just what Zinc are doing) Most recent transactions completed for 1-2 x Revenues , but there are a couple of deals which fell outside this range, some of ITV�s acquisitions, were made for more than 3 x Revenues. The Carbon Media deal was completed at 3.4 x historic revenues, while the multiple for the 12 Yard deal was at 3.9 x Revenues. So back to Zincs revenues of Nearly �20m & fast approaching �30m, yet with only a valuation of �5.7m, approx less than a third of its revenues - surely THE BUYING OPPORTUNITY OF THE CENTURY !!!
Also looking forward to your 3p Party Shenners - Last years placing at 0.75p to raise the payment due to Reef was at a discount of 6.25% to the previous days close,(& also oversubscribed) Within 10 days the sp had rocketed to 1.15p & continued to rise over the next month to the 1.77p by 9/1/17, & Zinc were still turning around. Since then the company has turned around & IS making profits, order book is fast rising, the broadcasters respect Zinc & are giving Zinc companies quality commissions, Plus now this acquisition will give Zinc a broader reach. Only last week the SharesMag article mentioned Zinc "Presenting a good opportunity to gain exposure to an UNDERVALUED STOCK in an ATTRACTIVE SEGMENT" The Institutions are once again being given a great discount on yesterdays closing price ( which they of course said thank you very much to & of course we will take them all ). It looks like the next month is going to be exciting & Christmas & the New Year should be a good time for Zinc, with "Village of the Year" on the TV (sure to be popular). Its going to be Penelopes year (too right Shenners) Zinc was forcast to produce revenue of �27.45m plus be in profit for 2017, before this acquisition - the last time Zinc had that revenue was in 2013 & they were making a huge loss, but still the SP was far higher than it is today at well over 2p. Maybe Shenners the party will be sooner than later !!
a Blakeway production -"who deserves a pay rise" - on channel 4 at 8pm, Zinc are keeping the broadcasters happy. we are on the road to making more profits, good luck Costello, some good late buying today is a good sign, Things are looking good, Zinc are getting noticed
Starts on Mon 30th Oct on BBC1 at 11am then repeated on BBC2 31st Oct at 7.15am & then daily for 15 Episodes of 44min. (both channels) also, this week Blakeway production "Bargain loving Brits in Blackpool" starts at 8pm on ch5 for 6 episodes.
TV production assets are well sought after & are SCARCE, Zinc presents a good opportunity to gain exposure to an UNDERVALUED STOCK in this ATTRACTIVE segment. Here is a method of reading the article http://www.pressreader.com/uk/shares/20171019/281784219329710 Positive independent news can only be good for the sp - good find Terry,
Nice piece Terry. There were about 400 applicants & there's a shortlist of 76 villages & these will be shown in the 24 x 60 minute shows, they were straight out there filming in the summer, i read that the villages will be grouped into 4 regions & the winner from each region goes through to Grand Final. Its going to be Big viewing,(think Bake off, but bigger) 24 x 1 hour shows & the final, should be before the end of the year (or it would be Village of the Year 2018) . so either Christmas or New Year Final .(big TV viewing time) 10 weeks left of 2017 ! Also "Getting the Builders in" should also be about ready to air - lots to look forward to in the very near future . Nice to see more interest & the uptrend resume - good luck everyone -
News article by City AM - http://www.cityam.com/272728/focus-documentaries-pushes-zinc-media-back-profit Analysts at N+1 singer said underlying earnings were above expectations & were Bullish on Zincs prospects for the coming year.
Plus - making progress with certain acquisition targets & hope to update on progress in due course. (is this why solid set of results have been released before expected, should help sp & mcap to rerate) & New formats created will ensure enduring success over a number of years ahead. New Landmark commission for BBC music New contract for publishing to publish certain anual directories for RIBA
& its a 1 hour 29 min production, ( is it a two part production as the BBC are showing it on monday 11th sept 9pm - 10.30pm & then on monday 18th sept) helping to increase revenues, Brook Lapping have certainly been busy lately. Brook Lappings valuation must surely have increased since Ten Alps (now known as Zinc Media) bought them in 2002 for £2.35m in cash plus earn out of up to £2.15m. The valuation was based on P/E multiple of approx 4. A year ago Brook Lapping saw its turnover increase to £3.2m up from £1.9m the previous year, so it is growing fast. I am baffled by Zinc's current valuation, when all the companies within the group are now profitable & The TV production revenue is growing rapidly, in a rapidly growing sector. Last years results included a massive figure for depreciation/amortisation/impairment which made it look like a massive % fall in income - but that was due to writing down the value of the company due to the closure & sale of the printing divisions.(which were lossmaking & so either sold or closed) This year will see the opposite (nothing has closed ) & will that surely show a massive gigantic % increase in income, compared to last year.(as no impairment expected in results due out soon) There is so much to look forward " village of the Year" (24 x 60 min series) due out October (heard that on the grapevine) & "Getting the Builders in" will be out soon. There has been some chat about the Brave Bison tie up on other sites, my views on that are - is it a coincidence that Johnny Goodwin (zinc) & Kelvin Mackenzie (Brave Bison) who are very good friends, (Johnny Goodwin worked for Kelvin Mackenzie at The Wireless Group & Johnny Goodwin used to speak to Kelvin daily). Did Kelvin Mackenzie & his son Ashley Propose the deal, but could not persuade the Brave Bison BOD ? What now that the Mackenzies are not running BB,Will they launch a bid for Zinc? Is that the reason the SP is being held down ? Is a large shareholder in cahoots & helping to keep the sp down ? As it does not make sense to take a 6.5% stake in a turnaround company & then to offload a few% after all the hard work & just before the company returns to profit !! So is the current market cap of £5.73m a reasonable figure for a group with £20m revenue & growing & profitable - Reef must be worth more than that on its own! Good luck all.