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I feel that Terry has hit the nail on the head, Definitely Terry, with what Zinc are producing & being asked to produce - shows what a quality production company Zinc are, the turnaround has happened (long ago), The company is now producing "Quality content" that broadcasters need. The "formula" is working, Zinc have a great Team in place, The next wave of productions due to air very soon, are going to increase the demand for what Zinc do - Zinc are entering the the next phase of growth , Exciting times ahead,
I also can't give an answer Terry, wideyed seems to have a good idea about posibilities , i did read about Nick Knowles the DIY;sos presenter fearing for that shows future due to the high costs & difficulties due to the nature & size of the project's they get involved with. Maybe 'Getting the builders in' does not involve the BBC paying for the projects as its nearly a reality program, where the builders compete for the work & the customers pay for the work,(maybe with a little help from the BBC) but the losing builder talks through the positives & negatives of the work carried out by the builder who won the contract, Its what a lot of builders probably shout at the tv during grand designs, diy:sos etc. Its sure to be a winner with the viewers. BTW, Tonight's Panorama was another production for Panorama by Blakeway North, Plane Drunk. another Zinc media production. & those unusual trades, maybe the brokers are sending out signals - some sort of code !
Absolutely Terry, Ground level or below, current valuation is crazy. To Recap - Zinc Media are way undervalued compared to competitors, Love productions bought by SKY for 2.7 times revenue & there are parallels between Zinc & Love. All zincs outlets now Profitable. None of Potential has been priced into Zinc yet, so Zinc way undervalued. Once profits proven, equivalent SP based on Mcap = revenue would be many multiples of current SP. Using 2.7 X revenues (say £30m) = potential Mcap value of about £80m (about 10 x current Mcap) As announced in recent update, 76% rise in order book at start of financial year Its all positive & will be worth the wait, it may be quiet at the moment, a lot of folk on holidays, but Zinc are still growing & getting more production orders,, the 76% rise in the order book proves that, & the autumn winter schedules will be known soon & zinc will be getting quite a lot of airtime.' Village of the year' &' getting the builders in' are going to be winners, as they are like Bake Off, competitions as well as entertainment, Bake off got popular in part due to its "who will the winner be ?" & so audiences grew, i am sure this will be the same for ' Village of the year' & Getting the builders in" both similar formats. Its exciting ! Are you ready for the next uptrend ?
Running a company takes a lot of decisions, organisation, hard work, patience & having a vision. Becoming a shareholder takes a decision, being a shareholder also requires patience & vision.At least once you are a shareholder of a company that is growing & becoming known, you don't have to worry about "MISSING OUT" on the upward SP movements that generally occur when the company does well. Zinc Media companies are Winning Awards & gaining credibility for the work they do & producing revenue that is growing. The major productions being worked on & due to be televised this coming Autumn & Winter are going to be talked about as much as "Bake Off" is talked about. "Getting the Builders In" & "Village of the Year" plus many others, are I am sure going to be winners & will earn good revenue for Zinc Media & more recognition for being able to deliver quality productions - The Zinc Media brand will be sought out for even more productions & TV companies like ITV & SKY, like companies that can produce & earn revenue. (Sky bought a 70% stake in Bake Off producer Love Productions, when love productions had turnover of £13m & industry observers suggested that Love Productions was valued at £35m in a deal which was 2.69 x turnover) Those same companies must be viewing Zinc Media's current market valuation !! The summer may be quiet but all those who have the patience to hold on & top up,will i am sure be pleased they did so & not kicking themselves for missing the boat, once the next uptrend starts. (or a bid appears or someone like SKY wants a stake). Interesting times ahead.
I read an interesting post on advfn.com share chat by Clocktower, he says " news out from ITV being good news for zin, as the demand for production & streaming industry set to increase, furthering the demand for the services that Zinc provide" he also says " he would not be surprised to see ITV make a bid for Zinc to further consolidate ITV's production services" Now that Zinc are profitable & well managed again, I too would not be surprised to see other production companies taking a look at Zinc & the group of production companies within the group. The productions that are due out in the Autumn/winter are going to be well viewed, especially Reefs - "Village of the Year" & "Getting the Builders in", plus others. When "Bake Off" took off its production company also took off & it was bought up by quite a large company. This is the lull & the turning point has been reached.
Blakeway productions have 2 Emmy nominations for Ebola;the Doctors Story & Orpahans of Ebola. Plus Blakeways "ISIS the origins of violence" & Films of Record "TheSpy in The IRA" nominated for Grierson Trust Awards. More recognition for quality productions is more good news for Zinc Media.
Interesting positive post Sbuild, Its good to know what you think, especially as your in the film & TV industry so obviously you understand this sector & to be positive about Zinc Media the way you are, is certainly another reason why I will be holding on to my stake. Its good to hear the views of all the interesting people who post some really good posts, well done to all, exciting times ahead. Sorry I didn't reply to you wideyed about the topping up, i understand what you say about the fees to the broker, but also with some brokers the more trades you do the less the fees, i am also guilty of buying in larger chunks, thinking that the SP would move on them trades, but in reality the SP didn't move, where as, i have noticed sometimes small constant buy trades push up the SP & also get the interest of others. Would the SP move upwards if there were a large number of small buys from different buyers ? Maybe if the brokers saw a constant demand for buys (even small) would they put the price up a bit, so gradually momentum would build & the SP would gradually move. What moves the SP ? Large one off buys or a constant stream of smaller but more regular buys ?
Good posts Wideyed & TerryD , Zinc Media has certainly turned around & the Management is performing well, & Zinc now have the "right team of talented executives to drive sustained growth" who believe the Profitability will increase substantilally, so its a round of applause to those guys & well done to all who have held on, its been tough at times, but it certainly looks like the tough decisions that had to be made will now create benefits. Zinc are a solid company that's well undervalued. Good luck all & well done Zinc & wideyed I understand that feeling about topping up. Question - Is it better to buy regular small amounts or to be like Shenners & buy big, the reason I ask is that I have made some larger buys but then I noticed that the sp didn't move much on them buys, if I had spread it out, would it have made a difference as on the days when nothing was traded I would still have been buying. I am a bit like you Wideyed, I want to add more & have now started to think about regular smaller buys, it may cost more in fees but would it move the sp a bit more ?
Good news & a nice trading update http://www.zincmedia.com/wp-content/uploads/2017/07/Trading-Update.pdf
Sorry it was 5 awards & not 4 Zinc Communicate wins five 2017 EVCOM Screen Awards – 2 Gold Awards for Best Drama and Best Health & Safety Film, 2 Bronze Awards for Best Drama and Best Direction and a Silver Award for Best Training film.
Congratulations to Zinc Communications for the 2 Gold awards, 1 Silver award & 1 Bronze award received at the recent Evcom Screen Awards -which highlighted the very best in Corporate Film. Well Done - more recognition for Zinc Media
Re Brave Bison merger -"The deal had been reportedly proposed by Brave Bison’s now departed CEO Ashley MacKenzine and his father Kelvin, former editor at UK tabloid The Sun and Bison board member, but the duo failed to persuade other shareholders." I am thinking that the Mackenzies see value in Zinc Media, These guys have quite an insight into the world of media / video content , having previously sold online video business Base 79 for up to £50m to Rightster now known as Brave Bison - The Mackenzies must have done something right to pull off that deal, & now they see value in Zinc Media, doesn't that say something for Zinc Media !! It looks like Brave Bison have closed the door on any deal & have a different vision to there original creater so what are the Mackenzies going to do now ? Have they still got eyes for Zinc Media ? What has Johnny Goodwin got to say about all this , after all he is great friends with Kelvin & once worked for him at the Wireless group, another business that the Mackenzies were involved with, TV & Radio broadcasters were sought after at that time. Nowadays its content & production & it looks like Zinc are starting to get noticed as a Quality company who are very much undervalued ! Some investors 'that manage other peoples money' are playing games with this investment, they have the power to move the price down just when its going up, that then puts off investors, why ? Are they also buddies with others that are circling Zinc, there have certainly been some shenanigans going on !!
The last time This David Galen was buying, he topped up a few days later back in March, The directors would probably have been restricted from topping up during the recent merger talks, so now they are free to top up. It certainly a positive move, the results must surely be going to look good.
Brook Lapping production aired on BBC3 on sunday at 6.45pm, a 45 min production - examining the artistic merits of the GRID Also, Zinc Communications films for Nationwide Education have been shortlisted for the EVCOM Screen Awards 2017 - Showcasing the best talent in the industry. All good news - looking forward to a good set of results.
It Keeps getting better - Channel 4 have ordered a new Reef Documentary on Britain's Airfields, The 4 x 1 hour series "FLYING HIGH WITH ARTHUR WILLIAMS" was commissioned for C4 & will see the former Royal Marine take to the skies in his very own Piper J3 Club airplane visiting the network of airfields across the UK, His journeys will take in breath-taking views of the country at large, whilst in his stop-downs he’ll meet the extraordinary characters involved in airfield life, go for a spin in planes new and old and celebrate our national passion for flying. Another company in the Zinc Media portfolio that is doing very well & getting very good commissions. In 2014 Reef's turnover was £5.735m, GP was £1,489m & OP was £470k in 2016 Reef's turnover was £10423m GP was £2,158m & OP was £779k (18 months) (so about £7m for 12months) Its good growth & its valuation should also have grown . Zinc is way way undervalued. I bought a few more this morning to see if it would show, not yet !! whats going on ?
Did anyone see the latest Brook Lapping documentary on ITV on Mon 5th June at 9pm, "Lord Lucan: My husband the Truth" another 1 hour film by Brook Lapping ( who seem to be getting some exposure lately) They are certainly producing some quality work & getting well respected, 2015 turnover £2.3m, gross profit £622k, operating profit £118k 2016 turnover £3.14m gross profit £893k, operating profit £214k (looking forward to 2017 results). Also Sean Ono Lennon tweeted that "How Sgt Pepper Changed the World" was the best radio show he had ever heard - its still available to listen or download on BBC World Service, Zinc are certainly getting respected at what they do. Zinc Media's current valuation is Laughable - how can it be taken seriously - looking at Brook Lapping & it must be worth more than The whole of Zinc's current valuation. Institutional investors through there purchasing power can drive down the SP & this spooks the small investor so they follow, the Institutional investor can then buy back in at a lower price & ride up as others join the rally, & then the small investor follows after its happened, who is the leader ? Anyone having a good look at all the companies within Zinc would come to a different valuation to the present one, this must be the most undervalued company about, As can be seen from all the documentaries that are being aired by all of the companies within Zinc Media, the company is doing well. The surprising thing about all this is that how a few small trades can effect the SP, Yesterday we saw a 23 pence sell what is really going on?
I agree with BringMyReward "Maybe the SP is being played with whilst we wait on the potential merger" quite possible, it all seems quite bizarre, The focus has become the merger which is taking away the fact, that Zinc have turned around & all areas are operating well, there's a lot in the pipeline, the Reef production of "Village of the Year" will surely be a winner & create some good viewing figures, Reef have had a good year. Zinc are getting a constant stream of productions aired both on TV & Radio, in the past weeks productions have included; 7 Days that shook the windsor's, for Channel 5 on Tues 30th May Clocking On - for BBC Radio 4 also on 30th May Origins of Violence - for Channel 4 on may 21st Brexit Negotiations : How do Labour & Torries differ - for BBC Radio 4 on 30th May How Sgt Pepper changed the World - for BBC World Service with Sir Tim Rice Zinc are making some very good documentaries & they are busy. Zinc have a lot in the pipeline & a lot to be positive about & it looked like this years figures were going to lift the SP. So what is really going on behind the scenes - who knows, but there are two people that have a connection & probably know & that's Kelvin Mackenzie (Brave Bison) & Johnny Goodwin (Zinc Media) both have worked together previously & are quite close friends. Have they already worked out a deal ? Where does Broadwalk fit into all this ? Its bizarre - it certainly looks like zinc's SP has been played about with !! The board should start answering some questions ! This company is worth a lot more than its current SP !
Wideyed - Re. BBsn financial position, given that they raised £22.4million via an IPO on AIM in Nov 2013 to fund upgrades & acquisitions, Have BBsn done well, considering its current market value, the £7.1m is what's left over, so they spent £15m & its now worth £8.15m, & they are still losing money.!! Where as Zinc have turned around, & are coming to the end of the current financial year, which should look good, Reef must be worth far more than Zincs current market value plus all the other companies within Zinc have been performing well, Zinc should hold out here, does a merger with a loss making company that is churning through cash, with a troubled management make sense ? Not unless BBsn are prepared to pay at least 3p per share for Zinc ! Johnnie Goodwin should be working for Zinc's best interest here & shareholder value, he may be friends with Kelvin Mackenzie but his loyalties should lie with Zinc Media.
Continued, More on the Makenzies Mackenzie takes up fight after son quits https://www.thetimes.co.uk/article/mackenzie-takes-up-fight-after-son-quits-pzxbbx8gl Good Luck All
I have been trying to understand the logic of a merger & maybe there is some, it looks like Brave Bison is a digital media specialist which, at its heart, helps brands, content creators and publishers build and engage audiences through the use of media. It has three divisions: Brave Studio; Brave Brand; and BraveTalent. Brave Studio is the company’s in-house studio that creates original content solutions to help “redefine how people feel about brands”. Brave Brand has created social media campaign for a range of companies including Coca Cola and Turkish Airlines. Brave Talent is a management agency that represents “some of the biggest social influencers in the world”, and matches brands with personalities to generate the most amount of traction. This would tie in with Zincs communications division which is a high growth market & this could give it the strength to be a market leader. Ashley Mackenzie resigned from the board of Brave Bison after a string of disputes with its chairman, Kelvin searched for support among investors to remove other directors & replace his son as executive chairman, they did it before after they had sold Base79 to Rightster(now known as Brave Bison) for £50million in 2014, & ousted that board in October 2015 when Ashley became Chief Executive. So it looks like they are in need of expert team players & who does Kelvin turn to, his old Managing Director of The Wireless Group, Johnny Goodwin, Kelvin Mackenzie founded the Wireless group & sold it to UTV in 2005 for £98m. Johnny Goodwin’s view of Kelvin is, "He is spectacularly brilliant. He may not be everybody's cup of tea on every single issue but the fact Rupert Murdoch holds Kelvin in such high regard is indicative of how good he is." The Mackenzies own just over 8% of Brave Bisons shares, & leading investors have been concerned by the departure of Ashley Mackenzie It looks like Kelvin Mackenzie has big plans & needs strong performers like Johnny Goodwin, This could be a good merger & it could open doors for Zinc Media , especially its communications division. Zincs current share price does not reflect its true value, it looks like Brave Bison Need Zinc & its strong Board more than Zinc need Brave Bison, which should put a premium on zincs current share price, I am sure that Luke Johnson & some of the other large investors will work out a good deal for Zinc. Some information from brave bison here http://bravebison.io/about/investors Article on brave bison here http://www.proactiveinvestors.co.uk/companies/news/169278/brave-bison-on-the-charge-in-2017-as-it-continues-turnaround-169278.html Mackenzie takes up fight after son