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MediaZest – argues “cost cutting measures to help secure the long term future of the group”. Will they?...

By Steve Moore | Friday 3 April 2020

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 audio-visual systems for organisations-focused MediaZest (MDZ), in December I questioned its actions “based on market conditions” as it stated or based on dire balance sheet conditions?. Now a “Trading and Covid-19 update” – and the shares down again…

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