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Zoo Digital – “in line with expectations” & “net cash”, Er…

By Steve Moore | Wednesday 17 April 2019

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Previously writing on technology services provider to the entertainment industry, Zoo Digital (ZOO) it was in January from November “confident in the prospects” to now “significantly below expectations” – I concluding with the shares heading towards 60p that, despite CEO Stuart Green arguing “we are now enjoying a growth in orders from our largest clients and expect to add significant new accounts during the remainder of the second half”, to continue to avoid. Now a “Year End Trading Update”

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