NEWSFLOW
Time Out (#TMO) – raises £2.1m in “up to approximately £4 million” open offer at 35p per share
- 2020-06-09 07:44:21
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Results: TMO
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Time Out Group – I having noted scepticism as the company ‘reviewed its funding’…
Previously writing on Time Out Group (TMO), in March I noted after placing only in October, former Woodford pick “will review its funding and ability to manage its cost base” – concluding with the shares a further more than 20% lower in response, at around 65p, still avoid / sell. Now a 4:06pm “Results of Placing and Notice of General Meeting”…
- By Steve Moore
- 2020-05-23 13:36:15
NEWSFLOW
Time Out (#TMO) – proposed placing and open offer to raise up to £49m at 35p per share & debt restructuring
- 2020-05-22 07:39:51
NEWSFLOW
Time Out (#TMO) – extended loan from major shareholder Oakley “whilst the company finalises longer term funding”
- 2020-05-15 07:50:12
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Time Out Group – after placing only in October, former Woodford pick “will review its funding and ability to manage its cost base”…
Time Out Group (TMO) has updated including that “it is only in very recent days that we have observed any change in footfall to the Time Out Markets and delays to advertising campaigns”. Though now also…
- By Steve Moore
- 2020-03-16 11:39:49
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Time Out Group – former Woodford pick argues trading ‘encouragement’… but it’s an EBITDA warning…
Time Out Group (TMO) commences a trading update with that it “is encouraged by the early trading of the five sites opened in 2019” and concludes that it “remains on track to reach the key milestone of profitability in 2020”. The shares are though currently below 125p – a few percent lower on the back of today’s update…
- By Steve Moore
- 2019-12-05 15:45:49
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Time Out Group – former Woodford pick argues new Markets opening follow early “success”. Hmmm…
Time Out Group (TMO) “is pleased to announce that Time Out Market Chicago opens”, a week after being “pleased to announce that Time Out Market Montréal opens”. These, and Miami and New York (May) and Boston (June) before them, are noted to be “following… success… Time Out Market opened in 2014 in Lisbon” – and the shares have recovered to a now 126.5p. Was Woodford - albeit eventually, for the wrong reason and at a lower price - still correct to sell?...
- By Steve Moore
- 2019-11-22 08:20:28
NEWSFLOW
Time Out (#TMO) – first management agreement market today opens to the public (in Montreal)
- 2019-11-14 07:14:00
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