Midas Capital Share Discussion Threads

[cocker] 02/10/2006 10:13

birdie 4; No mention of recent contract win,nor of director buying. Reading between the lines of last months addition I would assume that like some of us Techinvest were not impressed with the culs out come.However I have spoken to Jarlath on that score & was told that after negotiations with their advisers that was their only option to secure the finance needed going forward.

[gac141] 01/10/2006 15:28

Good afternoon Rambutan

There are many indications that Mondas and our global client have worked very closely together to develop V4. As they are an international bank, it is evident to me, Mondas have a world-class product that could be adopted by many similar banks across the world in time.

This is the exciting prospect we have waited a very long time for. Potentially will make Mondas shareholders a substantial return in their investment. IMHO.

George

[rambutan2] 01/10/2006 15:09

loui (whose posts i always take note of) made a comment (post 1939) about caps v4, which struck me as being very positive ("Version 4 has transformed the Software offering for Corporate Actions giving Jarlath a clear advantage over all competition.") and i'd been meaning to remind myself when v4 was released and what was said about it...

22 November 2005
MONDAS PLC
("Mondas" or the Company")

NEW CONTRACT


MONDAS PLC ANNOUNCES ITS FIRST GLOBAL ROLL-OUT OF RADICA CAPS

Banking and security software specialist, Mondas PLC, announces that the Zurich
Office of one of its existing global asset management clients has placed an
order to implement Mondas' recently announced Radica CAPS 4. The Zurich system
will be linked to its London system to create what is believed to be the first
multi-centre Corporate Actions solution using a common database. This follows
on from the decision of the same company's London office in April 2005 to extend its licence capability and, although the contract value is relatively small, the directors of Mondas believe that it represents a significant breakthrough.

The client's London office is also upgrading to Radica CAPS 4, having
successfully implemented Radica CAPS 3. The new system will provide a single
instance of Radica CAPS, where both centres will share common event data. Legal
entity filtering will ensure that each centre will only be able to access its
own client lists and positions thus preserving and protecting each location's
client confidentiality utilising "Chinese walls" embedded into the system.

Jarlath McGee, Chief Executive, said:

"This is a highly significant development for Radica CAPS and clearly
demonstrates that the Mondas system offers a truly global solution. It also
demonstrates our client's commitment to Mondas and the belief that CAPS can
service the needs of an organisation with international reach."

[cocker] 30/9/2006 11:26

Techinvest; continue to hold for recovery

[kristini2] 29/9/2006 17:47

Could have sold for any reason ie div etc. Who knows? share price will come back if the company continues to deliver. Has Simon sold all his shares?

[cocker] 29/9/2006 16:47

After dumping 200k shares @ 13p there is only one person who knows why!.
We have waited years for these results & for the excellent outlook statement.NOW IS NOT THE TIME TO SELL.

[mollymolly] 29/9/2006 16:30

Nothing has changed.

Mondas is its best postition EVER.

All parts of the business are doing well. Resource seems to have doubled its profits. Blue Curve has landed the world leader spot with its research management software. CAPS is also world leading - the only company with a global roll out; and signs that the CAPS market is waking up at last.

The Balance sheet is strong and we are on track for a very decent profit in both 2006 and 2007.

Very frustrating.

However, Birdie people do sell shares for all sorts of reasons. Probably someone just wanted 26k for something and so sold.

[birdie4] 29/9/2006 15:14

Like many of you I cannot understand why anyone would want to sell at these levels. What I do understand is that this company will be profitable this year and subsequently due to excellent products and management and consider the price cheap so have topped up again with a 25k purchase @16p.
Best of luck to all of us.

[spurious] 29/9/2006 13:17

Hi Rambutan I am sure it will prove an inspired purchase well within your timescale. Anytime you can buy at a 12% discount to the CFO represents a shrewd piece of business. Personaly I could just about tolerate a mm spread of £1-£2
Best WIshes
SP

[rambutan2] 29/9/2006 12:52

well ive shaken out my piggy bank and taken the opp to add a few - could have done with spurious's broker as mine couldn't them to go below 15.5p, but it's below my overall average and does seem tooooooooooo cheap. as long as the mms aren't on a 15-25p spread in a few months time i think it will look a good buy.

[andy man] 29/9/2006 12:44

Good Afternoon Orange1

I am here.

Someone got screwed. They offered a sell with no limit. Broker took obvious advantage. Does not mean anything. See where we will be at the end of 2006 and judge me.

[rambutan2] 29/9/2006 12:22

a perfect opportunity for the board to scoop up a few!

[orange1] 29/9/2006 12:20

Where's that Andyman when you need him? Always willing to tell you when it's your last chance to buy at 17 but never when it's your last chance to sell at 13?
LOL!
o1

[viney1] 29/9/2006 11:58

Completely ridiculous- Mondas are going to make market forecast and will be worth 25-30 pence within a 6 month period- Period!

[r1ckie] 29/9/2006 11:08

Is it any wonder why people will not buy into Mondas when shareholders can get raped every time they buy in on good news? Directors must share some responsibility.

[magpie99] 28/9/2006 17:11

I am not flummoxed but do indeed share your concerns. A good set of results.
The 25 target is not so easy to achieve as some would have us believe but with patience we will get there

[rambutan2] 28/9/2006 14:45

what's happening on level 2 anybody? have the mms widened the spread and gone on their hols? or is there some huge overhang there? (i don't think so?)

or is dr evil determined to get his hand on our software on the cheap by killing the mkt and then making a bid?

yes, i must admit to being rather flummoxed by the share price action since what i read as being rather good/ney bullish interims a couple of days ago! perhaps everyone thought is was just a pleasant dream?

whatever, something needs to be done otherwise the blue curve earnout is going to hurt.

i'm sure that the management have been going round the city telling their story? i was hoping that the new chairman would help on that front, with his more cityish background. perhaps something is still missing?

in any case, im concerned.

of course, one failsafe way to highlight their bullish views would be for the board to organise a concerted bout of buying - it would only take a few more buys like the fd's of the other day. in a way, it would be fair dos for rejigging those share options this year! and at current mkt price we are hardly talking huge cheques to buy 50-100k.

[damanko] 28/9/2006 11:13

Foresight "C" has suffered in the past year, however things are looking up recently. The results show NAV at end June, NAV today is actually over 86p, helped in a minor way by Mondas, but more by good news recently from Oxonica, Smartfocus & ANT. They have 6 stocks trading on AIM, and a further 15 or so unquoted. If Mondas continues its upward movement, in terms of profit & SP, then they will perhaps get some money back from Blue Curve and Mondas, both of which sit at a loss in the accounts.

[jw885] 28/9/2006 11:02

Foresight is suffering from poor valuations in small cap tech sector. A rerating will be coming at some point.

When Romeo gets his £1 that will help them.