oops, sorry wrong bb... I clicked MDS instead of MDZ
Great reads,,interesting [link] [link] be a good year for MDZ MediaZest, the creative digital out-of-home advertising company, is pleased toannounce two significant new contract wins.The Group is providing programming, development and installation services for alarge multi-national Company and their partners developing a new retailconcept. The initial project is expected to generate revenues of approximately£400,000 with future potential to roll out across multiple UK locations andcountries.In addition several new contracts have been won in the Education sector, withvalue over £220,000 the largest of which will generate revenues totalling £180,000.All of these projects are scheduled to be delivered in the quarter ended 31December 2014.Despite only soft launching in October 2014, the Company has already made itsfirst sale of, and deployed, the product to a global retailer for an initialsite. It expects to announce further similar deals in the next quarter."The Company is very pleased at the support it has received from both new andexisting shareholders which is testament to the progress that MediaZest hasmade. The recent launch of our own Retail Analytics product has been very wellreceived, with the first client location already deployed. The funds raisedfrom the Placing will enable us to further develop this product, and pursueother opportunities to roll it out with major retailers and also enable us tobuild upon recent new business gains. The Retail Analytics product and ourstrategy of focussing on high profile clients is already enabling us tosupplement existing recurring revenues."I have invested here because I can see that 2015 could be a great year for MDZ, once the placing has gone through in early January I expect MDZ will release positive news regarding more new contracts with major retailers, and the SP will rocket, there Retail Analytics product is fantastic, which makes this a really unique company to invest in.
Results Excellent results despite earlier currency worries. Repeat my "buy" view of last month!
Re: Banging numbers this morning... Yea, we've been putting out decent results for a few years now. Fallen out of fashion over the last six month or so, but it looks like we might be a bit more in vogue now, or as much as such a well run company doing pleasantly dull things can be in vogue !
NEW ARTICLE: DS Smith can reclaim former high "LSE:SMDSS Smith has lost a third of its value since March, a decline accelerated by September's sell-off. But better-than-expected growth in first-half profit and a potential M&A pipeline has reinstated the City's confidence in the packaging ..."[link]
Dividend DividendThe Board considers the dividend to be an important component of shareholder returns. In considering dividends the Board will be mindful of the Group's leverage, earnings growth potential and future expansion plans. As first set out in December 2010, our policy is that dividends will be progressive and, in the medium term, dividend cover should be on average 2.0x to 2.5x through the cycle.The Board recommends an interim dividend for this half year of 3.7 pence per share (H1 2013/14: 3.2 pence per share). This represents an increase of 16% demonstrating our commitment to a progressive dividend and the confidence of the Board in the outlook for the Group. The dividend will be paid on 1 May 2015 to ordinary shareholders on the register at the close of business on 7 April 2015.
Banging numbers this morning... Good update this morning , the market likes it and so do I .