An “AGM Trading Statement” from digital marketing and communications business Mission Group (TMG) which it states it “is pleased to provide… report further new business wins underpinned by the investments made in previous years”. So what of a 24p share price, down from 28p earlier this month and 37.5p going into the final quarter of last year?
Digital marketing and communications group The Mission (TMG) has announced that, “following consultation with its financial advisers and a period of engagement with certain of its shareholders”, its board has unanimously rejected a revised possible offer of 13.9 Brave Bison (BBSN) shares for each share with a partial cash alternative. What of this with Mission Group shares currently at 28p in response?
Group of digital marketing and communications agencies The Mission (TMG) has announced the disposal of its 80% stake in the Pathfindr Limited business for £1 million and an earn-out based on future earnings across the next three years, with “the initial consideration will be used to reduce the group's net debt position”. What of the shares currently up to 22.75p in response?
Digital marketing and communications agencies business Mission Group (TMG) commences a “trading statement” announcement with “trading for FY2023 is currently expected to be in line with the board's revised outlook, as outlined in the Update… on 23 October 2023”. Hmmm – that’s only just over eight weeks ago, so not a great achievement anyway, but what was that “revised outlook”?
Describing itself as “comprising a group of digital marketing and communications agencies”, Mission Group (TMG) has issued an announcement titled “Trading Update and Revised Outlook for 2023”. Considering its activities and the current macroeconomic environment, I’d suggest the trading and “revised” outlook aren’t going to be good…
“MISSION (AIM: TMG), the alternative group for ambitious brands, today provides the following trading update for the six months ended 30 June 2020” – and, despite this emphasising “robust trading performance in challenging market conditions, ahead of our initial projections at the outset of the pandemic… net bank debt significantly reduced during the period”, the shares are currently, at 61.5p, more than 3% lower. I’d mark this marketing group down just for uselessly describing itself as “the alternative group for ambitious brands”, but why else has it been marked down?...
