CMKG message board

Skippy · Guest

Wow. Suddenly it got awfully quiet in here. Maybe the merger has everyone on their toes....

So, does anybody know when they'll be shutting down the Cincinnati operation? Or when the layoffs in the special events group will commence?

all about numbers · Guest

The reason the stock has dipped on the news of the 4th quarter, year end results and the news of the acquisition is that people don't trust yet the results. The 4th quarter did not deliver " a leveling of earnings" that management promised. a "tight" financial team had miscalculated basic taxes--- looks like we struggled to deliver a penny in the quarter. It was also not a big annual increase from last year given the prior news that management released (07 severance etc). Oddly, the release was wierd--although accreative they did not release mktgpartners EBIT as they did for CMKG. That'd s red flag for weak earnings. Also cash was down on the balance sheet

I heard Charlie said the company will make 15%-20% this year. That should be organic to the MKTGPartnders deal . That should mean an EBIT of about $4.5 million or so if the MKTG deal is worth anything

Lets see how it pans out.

??????? · Guest

There is no reason to close down Cinncinatti. Aren't we profitable? I think people are worried about layoffs given the over all lack of new sales and clients. Also rumour about Diageo cutting back on client service staff.

Glad the acquisition is on board to help.

Fake! · Guest

The posing that happens on this discussion board is amazing. NO ONE from Cincinnati would butcher the city name that badly. It is no a small, insignificant typo. It is someone trying to fake there way through a comment/post. RIDICULOUS. If you have something to say, at least say it from your own perspective! Rolling Eyes

your right · Guest

I am in NY not Cincci. I was speaking from a "one company" position. The problem is not out there but here. I think the acquisition will help us with new business.

Amusing at best · Guest

3rd floor · Guest

The reason the stock is dipping is because of lack of trust in the company as a whole. While new management has made improvements in some areas overall there has been no sign of growth what so ever other then management’s pockets. The stock would actually be lower if not for the fact that the board is buying up every piece of stock they can get their hands on. Heavy trading in the last week alone, so to keep the numbers up in the short term they purchase the stock themselves. Also helps them in the long term when they decide to sell the company the payout would be in their favor.

The word on the street is there were some recent layoffs with more to follow as Marketing Partner’s employees get up to speed. Remember it was said no layoffs were to happen. I guess these did not count!

There is no possible way for CMKG to make those numbers without acquiring the new company and using their ongoing sales, clients and books, Once again no word of new clients, old clients have scaled down the amount of work and a known threat that Diageo has been delegating work outside of CoActive.

Cincinnati as a whole has brought in a good amount of the money but it has been said in the past it would be in their best interest to shift all business to NY, consolidate the work with the existing or augmented resources in NY. This would give management tighter overall control (yes there are serious powertrip agendas involved).

There has been so many stories told it is hard to believe who is telling the truth. The lack of response from management leads me to believe that in fact what is being discussed here is true.

“Glad the acquisition is on board to help.” Isn’t that what they said about the last acquisition? What have they done so far?

Guest

Very informed post. I've noticed over the past couple of weeks a lot of movement in stock price. Morning time the stock drops 10-20%, then recovers in the afternoon when an insider buys it back up.

either way, I'm starting to short this beast at the opening bell on Monday. Then cover when it gets to the morning low. If I do this all week I should be able to make a nice return.

As for why the company is loosing clients and not winning new business. Who cares? It's not like anyone cares about this company, it's client rosters, or remaining employees. Rumor is that all of the talent left the agency when the new management took over. Most took their clients with them. All you have left is the bottom feeders.

Guest

So...............

Even their attempts to counter the slide is not working.

Guest

Guest

what's the latest? · Guest

What's the latest? Layoffs? Anything positive?

well? · Guest

how does this look to you?

and no matter how much they buy of their own stock it isn't helping.

I really thought the acquisition would help, doesn't look like it. Now its all about time, and the next plan is?

donatello · Guest

Question? Why is your company flooding Yahoo groups with your canned spam? Is that what CoActive Marketing has to resort to? Nothing more than a penny stock? What's next - spam stock emails running pump and dump scams? you are not that far from it as it stands!

How many people will get laid off before the holidays so you can meet your fiscal numbers? Sad