Hello Share Gobblers. There were a few raised eyebrows this week when Zoo Digital (ZOO) said its full-year results would be delayed. You never know, when no further info is given, whether this sort of thing is a red flag or not. I opined that this was not likely here. I added that the share price, which stumbled on the news, offered a buying opportunity. Well, the results have now been posted only a day late.
Hello Share Gatherers. You’ll have read before that I favour Zoo Digital (ZOO), a Sheffield outfit that does indispensable work in the film and tv industry. I was writing a piece based on that it was announcing its full year numbers today, which I expected to be rosy, however instead news came in that the results have been delayed.
Hello, Share Takers. This old punter likes TV companies, as I see a sustained demand for home entertainment even after Covid becomes a thing of the past. This optimism doesn't however include streaming companies that are clearly facing too much competition. Zoo Digital (ZOO) is not a streamer, but a provider of dubbing and subtitles. I've commended it to you previously, but the latest trading update before full year figures on July 6 deserves another look.
Hello Share Mates. A company that continues to excite me has just published a trading update for its financial year ending this month. And it’s all looking rather good. Revenue is now expected to be at least $65 million. It compares to $39.5 million last time. That’s up by an impressive 65% and ahead of previous management guidance of $57 million.
Hello Share Mashers. Having worked in TV and with a daughter in the trade, I like to keep up with the glamorous game. And it's easy to see that the scene is changing fast. There’s a lot more demand for telly programmes all over the world. And as supply can't keep up, there’s now a lot of swapping going on between different countries. Older readers will know that once only American tv programmes were acceptable in Blighty because of language considerations. No more.
Hello, Share Mashers. As a bit of a bloodbath sweeps through most of our shares, just one of my portfolio has put on any significant value. That’s because Zoo Digital (ZOO), a Sheffield company which provides subtitles for movies and tv, has posted an encouraging trading update. At its AGM, the Chairman Gillian Wilmot said the company is seeing ‘strong momentum’.