Member Info for Rocka999

I don't know why you keep mentioning about this 50p ?

The SP used to be 50p in a land a long time ago, the directors have bled the company dry since then, its been a terminal decline with dilution after dilution to fund further projects that make no money.

Constantly rambling on about sales and how great this company is going to be flies in the face of their dismal track record, this is why Geoff doesn't invest his own money in here, he collects his monthly salary and sleeps very soundly at night knowing that suckers keeping rolling up here and investing their hard earned cash do he can dilute some more to fund his lavish lifestyle.

"Revenue for the Period was £846,000, down 42% (2020: £1,454,000) due to the impact of Covid-19. Gross profit was down 38% accordingly to £410,000 (2020: £656,000). Gross margin rose to 48% (2020: 45%). Administrative expenses were £459,000, a reduction of 31% (2020: £667,000). EBITDA was a loss of £49,000 (2020: £11,000). Net loss for the period after taxation was £160,000 (2020: £43,000). The basic and fully diluted loss per share was 0.0115 pence (2020: loss per share 0.0031 pence). Cash in hand at 31 March 2021 was £16,000 (2020: £16,000)"

Keep polishing by all means, they'll have to pedal a lost faster just to get back to where they were in 2019

I see, lots of the same old stuff and nonsense and nothing regards what I actually asked you for regarding the key fundamentals ?

I only asked because you quoted it yourself , fundamentals relate to things such as profitability which is something you don't mention but of course is crucial in running any business. They don't actually make a profit do they, lets be clear about this, so the fundamentals right off don't stack up with your quote?

They don't really have any assets of note from what I can see in the accounts, this has been covered on various occasions already?

Revenues may well increase, but they're coming off one of the worst years on record following the pandemic, it would be criminal if they didn't increase sales this year, what about the lost sales they'll not recoup ?

Liabilities such as the CLN's etc which I've covered a lot already, who's the main beneficiary here leeching off the back of the shareholders ? I do have a new address if anyone's interested in Hampshire, you could write a nice letter and ask the guy yourself ?

You were posting the same thing over and over again in March & April happydays and virtually nothing has happened with regards to contract wins.

Your quote "all key fundamentals are looking great" below. Please explain why the current fundamentals are looking great right now in detail so you can articulate some more on your accounting knowledge?

Shorters dream this lot, terminal decline....

The clues could already be there, it could be there's a a bigger picture in play, hard to say at this stage

I don't pay much heed to broker notes but it does affect the SP as we can see, I'll take £2.30 any day.............

Great recovery 12 months on, can see further rises ahead imo

In my opinion and from what I already know there is no great rush back to the office, not even in hybrid form

The vast savings on not having to rent inner city office space is huge as companies are finding out.

Its also environmentally friendly keeping your staff at home

Lots of new contracts in the pipeline but not a single reference to increased revenues, EBITDA, profit ??

Its quite easy to say there's more new business being generated but they need to back it up with some forecasts also and give it some credibility, its all pie in the sky to raise further funds IMO

They extended the accounting year by 6 months to defer the costs, this was after having to release the accounts again after realising it was riddled with errors

MDZ had to defer the cost of the auditors fees last year so it appeared that they actually had some cash in the bank, these deferred costs will out appear in this years accounts

Well run companies make a profit, no profit here in 17 years, shareholders investments in that time have been diluted to the point of extinction. The management have done very well here in that period, no on else has !

We'll not have to wait long Bermondsey to see if I'm right, but taking on further new projects requires more cash and today's RNS smacks of trouble ahead

We shall see

Beware, they may possibly be looking to dilute further next month to raise cash following the large reduction in working capital

All well and good but not a single number mentioned in the RNS as usual

Increased sales revenues will be circa ? EBITDA ?

How about a profit forecast god forbid ?

Heard it all before and it will be sometime before you see any improvement in the accounts btw

The spread has jumped to keep you locked in now

SP down again, heading for its true value

They acquired Touchvision Ltd in 2005 when getting admitted onto Aim and changed the name to Mediazest International Ltd

EP&F are listed as a significant shareholder regards MDZ owning 1.87% of the company, 4kandles has already posted what that equates to in monetary terms which is barely nothing.

I posted all the detail and LSE removed it. They value their investment at only 0.014 per share which is far from today’s price here. There’s been a 4 year decline in their investment.