ZoomerMedia Ltd ZUMRF

ZUM a buy or pass

[Lawyerup]

This one came up on my radar because it is close to 52 week lows.  Just announced a .003 cent dividend per share in December, p/e is around 7, seems to be profitable.  It was 14 cents/share back in January/2022.  One big red flag is the huge pay of the CEO for a micro-cap company which is over $1M/year which I think is beyond excessive.  Any comments from holders?  Cheers Charlie.

[PitchinPennies]

Hi, @Lawyerup and welcome to the least interesting board on Stockhouse. The huge pay for the CEO is the "tell" in this game of three-card monte.  This began as a vanity project for the one named Znaim, an ex-wunderkind from a bygone age of Canadian media. However, the trends are discouraging for this sector at large. Take careful note of the U.S. broadcast/cable media plays, such

[Lawyerup]

Thanks Pennies for the info.  Yeah stock is cheap for numerous reasons.  At this point I will take it off my watch list just too many red flags to warrant a buy.  Cheers Charlie.

[PitchinPennies]

We love to tease the Znaim, 'cause he's such an ego-driven putz, a charmless relic of the best-forgotten People City era here in the Six. If he's still paying himself a million bucks a year, it must be because no one's bothered to look at the P&Ls since 2015. Be that as it may, investors aren't going near his stock, for reasons described here.