Member Info for Rocka999

Looks like they’ve sold another TV

I see my post was removed from last night regards the true value here, some people don't like the facts spelling out to them...

Ocado and Waitrose are the only two grocers who have increased sales year on year which is outstanding, Ocado are up 3% compared to this time last year. Sales are up 50% compared to two years ago, a phenomenal achievement !

I hear deliveries out of Erith commenced again at 5am this morning for the record, didn't take long to sort out, well done in getting in cheap, I did say buy on volatility.....

Buy on volatility I say

Always buy on volatility

6 million shares dumped, someones in the know…..

"This board is pointless and there's nobody on here" not sure where you got that assumption from ?

As I say to anyone posting on a BB, just because someone doesn't agree with your opinions on this company, it doesn't exclude them from posting an alternative view, lets stick to facts that we know of rather than some idle gossip on twitter

The current SP is based on what the market currently knows about the company, factoring in every thread of information available and taking a forward looking view of that position, that is why the SP is so low at present. I believe the SP should be valued a lot lower, maybe half its current value and that's being generous !

EP&F Capital are now two weeks overdue with their FY accounts, for the uniformed this is a significant investor in MDZ and Lance O'Neill is one of the directors here as he is with MDZ, MDZ owe Lance an outstanding loan which is lingering like a bad smell. The reason the loan hasn't been repaid it that MDZ can't afford to, if it has been repaid we need to see the accounts for confirmation of the repayment so there's some clarity around the transaction.

Also lets remember that MDZ revenues took a serious hit last year so working capital will be severely reduced, then there's those loans to pay off !

Its all in the accounts if you take time to go through them.........................

Once EP&F Capital release their accounts we'll get a more realistic valuation which could be 50% below the current SP

Those still holding for gold had better remember that there's also a thing called fools gold..............

The shorts are pretty flat at present, at least the disclosed positions we can view

If you know a trader a with a console they may be able to give you a more accurate picture ?

I was surprised there wasn't an RNS released today regards Mediazests involvement in the opening of the new Handforth Dean Pet Care Centre in Manchester. I'm sure there was at least 5 TV's on display, although there may have been more?

I haven't personally visited the Amazon fresh store in London, bit far for me to go to grab a baguette and walk out :)

It wouldn't take much for the likes of Tesco to replicate this sort of store imo

I still see online as the future for all shopping including non food items, the closure of all the GAP stores and their move to online just underpins what's happening in retail at the moment

I didn't reply as it was a ridiculous post

EP&F Captial are now late posting their accounts which should have been submitted by 30th June 2021

The FY2019 accounts showed related party transactions under section 19 regards MDZ. MDZ owe EP&F Capital (Lance) £34,685 which hadn't changed from FY2018, this is twice what MDZ have in the bank excluding what they owe CCCAL and also the repayment of the bounce back loan etc

The real teaser in the EP&F accounts of course is the valuation of their MDZ holding which I await with bated breath

FY2019 accounts show that their investment in MDZ was worth a staggering £4469, down from £5959 in 2018 so a reduction of 25% value pre pandemic !

EP&F Capital are listed as a significant shareholder with a 1.89% stake in the company, do the maths !

As online grocery shopping becomes prevalent the stores become irrelevant, the land the stores sit on of course comes at a premium, be interesting to see how this plays out

The people who disagree with you are not ill informed at all, we derive all the information from the accounts, they have little to no working capital hence very little cash in the bank as stated on the RNS, you can bang the drum if you must but it wont change the dire state of the finances

If the company folded today you would get nothing as the company is worth nothing, the financials speak for themselves

All we have here is sales speak to move the SP up and dilute it further with a fund raiser, even the management are not seeing any real improvement in the accounts in the near term, you'd be better having a punt elsewhere rather than waiting for this to turn around in the next three years

Hardly an outstanding RNS, no figures just the usual copious amounts of Jam at some point in the second half, where have I heard that before ?

Only £16000 in cash in the bank again which is unusual and this is following the recent loans they've taken out as well, where's it all gone ? How do they expect to fund future projects on peanuts? Large investments require capex as I keep saying and they don't have the money for it.

Here's an interesting comment in the RNS:-

" the Group has been able to repay some shareholder debt using free cashflow from trading"

I wonder where that money has gone, no one that posts on here I'm sure although I may be able to answer that one on Wednesday.

Remember these are the unaudited accounts that required correction last year so don't go reading too much into them, the actual position could be a lot worse than it actually is, they overstated EBITDA last year if you recall and turned a £57000 EBITDA profit into a £11000 loss, even the net assets were overstated and had to be corrected, sounds like the abacus needed some slight attention ?

Been waiting since Riddler posted the same two years ago, how long is the wait seeing as you have inside info?

What news is due other than the EP & F FY accounts next week ?

So who's in receipt of the money going to CCCAL ?