Member Info for Profit_profit

Thanks harhoo for the concise explanation of commerciality.
Guess some don't understand the word commercial let alone commerciality. One of the meaning for the word
Commercial according to the dictionary is to do anything for profit. Yes profit!
So lower end of commerciality means low profit.
You decide....

Could you please break this statement down
Since you seem to have a good command in the English language.

Preliminary review of the interval by the operator suggests that the zone in which the shows were encountered is at the lower end of the range required for commerciality; however, further petrophysical analysis is necessary’

Just continue to drill as deep as possible.

Meant to say planned drilling program

Why sp took a dive on Friday?
Are mms crazy or investors are crazy.
Scenario one : oil is still to be found at deeper levels
Scenario 2 : after drilling right to the bottom of the planed drilling program, there is no win or loose situation.

It's like saying in football half time one team is leading, however results matters after 90 minutes.

Then why mms or the crazy investors sold out

Rocka999
We shall all be there to witness what profit they make and sp will rise substantially.
Thinks looking good.
They already made decent profit.
Maiden profit already made as per RNS.
Anyway Good luck and enjoy the weekend.

Lower end commerciality most likely means it commercial yes But But not very profitable.
Just above break-even range.
Imo

ever, the timing of completion of contracts around the year end date of 31 March will determine the level of improvement in the Company’s financial results compared to the prior year.

in November 2018 the Company’s subsidiary, MediaZest International Limited, posted turnover of £1.82miliion with a profit after tax of £285,000 for the six months to 30 September 2018.

Making good progress!

MediaZest, the creative audio-visual company, is pleased to announce that it has conditionally raised £110,000 (before expenses) through a placing of 110,000,000 new ordinary shares of 0.1p each (“Ordinary Shares�) with existing investors (the “Placing Shares�) which was handled and settled by Hybridan LLP on behalf of the Company’s subscribers (the “Placing�) at a price of 0.1p per

Well done MDZ - for successfully raising the capital

I will try my best to dissect the RNS

Did the managed to raise capital of this company was so bad?
Yes its not the top share, buy hey the sp is also not a lot.
So it evens out the argument.
Next update will be a good one.
Imo

Clear indication this company is doing well.
Dyor

Warned me on twitter and told me to short this company.
But i not in the short business

All holders since 1st November 2018 increased their holdings.
Read RNS from 1 November 2018.

Something is brewing in this company,
Plus that new holder on 27 February.
Next week will be interesting.

I think that 6%+ holder from inurface.co.uk
Buying some more

Nevertheless this is primed to tick up.
Trading looking solid and 2019 new clients signed.
Sp is very cheap.
Some saying could do one bagger or more

I can understand your frustration, but I'm confident media zest will be able to progress this year.

I can see this rising on good trading update.
They said they signed new clients and getting business from existing clients.
They also raised cash just few days ago.
They made good profit.
I wish the company to make more progress.
Soon to find out.
Trading update end of March or beginning of April.
However could get new customers RNS.

L

Yes £12000 cash, but they reiterate the reason for low cash because debtor will pay the full at a later time.
I know companies that make no money, no cash, yet they survive on Debt.
Debt by bonds or other financial instruments.
March will see this company sp rise.
They have signed more new clients and also signed existing clients.

The company has continued to write new business in 2019 with both new and existing clients

https://www.proactiveinvestors.co.uk/companies/news/215115/mediazest-strengthens-balance-sheet-ahead-of-brexit---just-in-case-215115.html