Member Info for TerryDactil

Sbuild, yes we are grossly undervalued but that's why us lot invested here are really smart. True value will out eventually and we will be laughing. Results will be published in October i recall... so only 8 to 12 weeks approx to wait. Not long really. Then this current year (according to DG) will be even better. In 12 months time we will be wondering why we didn't go all in at 1p!!

Thought so with it being over a penny. Don't know why the advertised spread is so wide when in reality it's more like 0.95p bid and 1p ask.

A nice deal with Netflix or Amazon would get this noticed.

I see my 100k buy this morning has ticked us back up. Just goes to show, any decent demand should send the sp north. Come on Zinc pull out some good news to kick start us!!

I'm with you on that wideyed. I'm also here long term and have a lot of patience. I'm convinced this will be a multibagger over next few years.

I think we'll hear some news before October (FY results) and hopefully we will be steaming ahead by then.

Absolutely.

You are correct amina, reef alone is worth more than zincs current market cap. I think a tiny micro cap like this on aim is just so under the radar of most serious investors that the company need to do something to drum up some interest, some good news would hopefully get us noticed.

Another point in that interview; DG said they would only be looking at acquisitions of companies that are already profitable. Backs up what I said previously about us walking away from BBSN who are losing money.

Yep!

Good find Vtilla! All positive. Some great nuggets of info in there. Sounds like the there were still some restructure costs in the year ended 30th June, so this financial year will be even better. DG also thinks the share price should be significantly higher. They are actively seeking profit making acquisitions. Aiming to do business with the likes of Netflix and Amazon. Good interview.

....in addition, at the time when shenners was posting that he was buying in the millions, there was a lot of volume being traded so there was good liquidity. Where are you shenners? Have you bailed? Last time you posted you were tipping CNEL 3 weeks ago.

Jenashon, I'd say with a relatively illiquid stock such as this you'd be better buying in small chunks. If you try to buy big the ask/offer will probably go up. It also depends if there are any sell orders waiting and at what price. All in my opinion of course.

Yep that's right wideyed. Only way is up from here. We are so well positioned now for growth. And remember the management have said they are focussed on growing the business. So management have proven they can turn the business around, they have shown they actually do what they say they are going to do, not like most aim companies out there.

Are you still onboard shenners? What's your take on the trading update?

Wideyed, if you consider zinc paid £5m for reef alone, and now that is exceeding all expectations. We also have the other divisions; brook lapping, blakeway, films of record, all profitable and contributing. Now it's official we are not losing money, actually profitable for the first time in years, and indeed forecast to be even more profitable in this current financial year, it's really hard not to see this, at such low market cap, as an absolute bargain to some bigger players out there. My feeling is we could well be an acquisition target if we hang around the 1p mark for much longer.

Quite right wideyed. Very comfortable now to just sit back and relax with this share. We should see some gradual upward movement over the next 12 months. Once all the day traders who were hoping to get out on a big spike have buggered off, the real value will be realised.

Ditto that mhow- I am very confident in this company now. At this price we are a sitting duck and could well be on the radar for many a takeover bid.

Excellent news. Back to profitability and this year should be even higher. Well done Zinc!

There is no absolute answer as the market, especially aim, is unpredictable, but a good start would be to look at the p/e. That's the price to earnings ratio. Once it's clear Zinc are actually earning profit, a P/E ratio can be established. See link http://www.investopedia.com/terms/p/price-earningsratio.asp