Manx Financial Share Discussion Threads

[suetballs] 17/8/2015 08:45

The market was obviously expecting more?
Suet

[castleford tiger] 14/8/2015 13:03

No chance of a Dividend in my opinion.

However keeping the profit in the company is good news if used well.
Clearly if results are Monday someone has had a peek.
MM looking for shares like no tomorrow..........nothing to buy but they want lots.

Next week if we get 1 million at half way we should hit 20p.

tiger

[nick rubens] 14/8/2015 12:01

Last years profit remained in the balance sheet. I'm hoping at the Interim they will introduce a dividend giving a healthy yield going forward.

[bckttsim] 14/8/2015 08:42

" I am pleased to report a record profit before tax for the Group of £1.73 million which represents a growth of 61% for the year.2014 also marked the achievement of an important milestone whereby our total assets exceeded £100 million for the first time, to reach nearly £120 million at year-end. Our outlook for 2015 remains very promising."James Mellon, ChairmanNEXT INTERIM RESULTS ON MONDAY 17/8PROFIT EXPECTED TO BE £2 MIL PLUS

[tom111] 13/8/2015 14:58

Bought early on today not on radar at all yet up and coming figures would would suggest a much higher share price with such a low p/e

[bckttsim] 13/8/2015 14:45

Interim update any day.Profits here rising.Rise just started

[rotrader] 13/8/2015 13:06

Thanks Tiger - looks interesting, bought a few but most of my funds are tied up at VCP at the moment. Trying to decide when to top slice them.

[castleford tiger] 13/8/2015 11:39

Action starting

[castleford tiger] 12/8/2015 10:05

Anyone care to estimate the half year numbers?

1 million and a general increase in all areas?

Should lead to 2.2/2.4 million for full year.

I know there is the question over the options but they cannot be brought in to play.
Only time they would is if we are bought out.
With such a low rating there must be a possibility that someone is taking a look.
Shares being quoted at 11.00 to 11.50 but you cannot buy under 11.75 and then maybe 30,000
To buy a lump would send the price up.
based on 2 million the price has to move to 20p.

tiger

[m1keg] 01/8/2015 19:26

Thanks for that info. It's one less negative to worry about, since we were carrying no provision for failure.

[dleftpalt4] 01/8/2015 17:59

Half year results at the end of this month.

VWFS successful in their VAT appeal so some good news although HMRC may well appeal so it could be years before the final position is known.

[suetballs] 16/7/2015 07:26

The silence is deafening.
Suet

[gears] 10/5/2015 09:42

Been going that way for a while now.

[m1keg] 10/5/2015 09:15

Thanks for informing the shareholders as usual. hxxp://www.mfg.im/incahoot

Would it really be too much to ask to be kept informed?

[smithie6] 01/5/2015 12:57

...company pays an average of 2.3% or so on the total of deposits...

so, imho to pay 6.5% to the exec. chairman Jim Mellon on money lent by him to the co. ...

ie. an interest rate more than double

.appears imho to be corruption/illegal (Company Law does not allow deals to be done with directors or large shareholders which are worse than can be obtained in the market)

and in any case to comply with the legal reqt. to operate the co. for the general benefit of all shareholders....imo the co. should pay off the loans from dirs...but they dont cause the dirs. dont want them paid off...they prefer to keep pocketting the interest.....while normal shareholders dont get 6.5%...

Jim Mellon, Aarron Banks...I dont trust them.

Will they issue themselves new warrants..or new conv. loan notes....this month, next month , next year ?
..or sell one of their own cos. to Manx at an inflated price for cash...cash in to their pocket...

[gears] 27/4/2015 16:08

Fair points again.

[smithie6] 27/4/2015 11:03

...interesting to see ppl not happy about options & warrants..and dilution...

..recalling I created a thread along those lines in Aug. 2013...& ppl criticised my posts...whereas many posts now seem to be saying there was logic/truth in what I wrote...

Share price fallen from then to now.

.btw Jim Mellon & Aarron Banks...still on Blacklisted page on website...( do all ppl have less integrity the richer they get !?)

AIM needs regulating...only happen if regulated by ppl that are independat /separate from its owners who will only worry about their own pockets and not PIs savings...

@fulltimeinvest

[nick rubens] 09/4/2015 14:13

I think all the cheap stock is gone. There was a big sell around 10.5p taken by mm's last week or two, best I can remember and now the last few days of buying incl director should have cleared them

Now all it needs is an update on more outlets to sell it's banking and advisory services and grow the company.

[castleford tiger] 08/4/2015 14:16

Forced the price down to fill that order last week was how my broker saw it.

We are under the radar so I am going back to sleep.

Wake me when we get to 15p plus

tiger

[nick rubens] 08/4/2015 14:14

We could be seeing a bottom today despite my negativity here. The director buy should be an indicator for the months ahead.

It's usually when we are all scratching our heads when a share looks cheap that an ensuing rally eventually follows and we wished we had snapped them up.

[gears] 08/4/2015 12:51

Looks like a sweeping up of stock to sell.

[nick rubens] 08/4/2015 12:47

Even a director buy today hasn't spurned any interest.

[nick rubens] 08/4/2015 10:44

Any thoughts here? lol It seems the market doesn't know this company even exists at the moment.

All the other banking shares are traded more regularly.

It doesn't help that the company is not seemingly actively pursuing anything but just ticking over and going with the economic flow. Credit lending is generally up all around, but i'm not sure that's a good thing in an economy with individuals already over borrowed. Could it be the market is worrying ahead of post election cuts?

No dividend on the full year profits?

[castleford tiger] 24/3/2015 18:45

Bottom draw time I have had enough trying to work this out.
Bigger fish to fry.

let me know when it wakes up please

Tiger

[castleford tiger] 11/3/2015 18:35

An option/warrant granted that increases the size of the company so much........legal?
We vote an increase through each year but doubling the company does seem harsh.
The leverage is also a one way ticket as the interest covers the loan.
tiger