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ZOO Digital - Moving to breakeven

July 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ZOO
  • Price:
  • 9.9p
Some weeks ago I got a call from a financial  PR firm telling me they were involved in a small loss making AIM stock with a bit of a chequered past and asked if I’d have a look.   I learnt that the company was ZOO Digital (ZOO; 9.9p), which had joined AIM in 2000 when it was reversed into a moribund business called Kazoo3D. That year Kazoo had just lost £4.6m and ZOO itself was only a two year old business and was losing money. To get the deal away, ZOO’s chief executive had provided a £0.6m loan to the business.I really don’t like startups and ‘hope and prayer stocks.’ It’s not SCSW’s gig but I always keep an open mind and so I decided to meet with D ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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