|The Market Age
||EPS - Basic
||Market Cap (m)
Real-Time news about The Market Age (London Stock Exchange): 0 recent articles
|james 2: Lossman - The results were as expected. the markdown is due to liquidity (fine when it is a rising share price) on a few £££ of shares sold. Will take a more in depth look when I can and post something on here to discuss.
|james 2: guru11 - I doubt it will close and don't see it as being important imo, any additional volume will more or less drop through to the bottom line (high margins + zero tax) which will drive the Mkt cap alot higher in proportion to turnover.
I would also argue alot of shares have a high turnover but negligable profits, I know which I prefer !
guru11 - 21 May'04 - 23:18 - 665 of 667
Historic turnover is 17% of capitalisation, so hopefully if the share price is to increase further this gap will close. Too many shares have a negligable turnover.|
|guru11: Historic turnover is 17% of capitalisation, so hopefully if the share price is to increase further this gap will close. Too many shares have a negligable turnover.|
|hamidahamida: looks like they r desprt for money i think rights issue is in the pipeline do what all the small companys are doing taking advantage of good share price and good market|
|majic: Best be carefull with this one. I can't see the value in the stock, but there's value in the hype. As word gets around you'll get a high demand and I expect the share price to rise. The canny investor will make lots of dosh on this one but there is a cliff edge ahead and it will happen when the likes of us are unable to trade. The Gmail case is worth the added hype but no true value, it won't hold up in any court, BT threw loads of money at their case for the "Hyperlink" and got nowhere. It's the obvious president. get in, get out, be glad you have cash to burn and not just your fingers.|
|regandjess: ExpertTechie...I dont think they will let the share price "crash" after all they hold almost 77% of the co between them including family trusts.This is going to be another YOO without a doubt.Cant afford to be out,next RNS and it will rocket again.|
|regandjess: The RNS did'nt exactly knock the share price on the head did it. Perhaps people are getting wise to these, whereby the companies broker asks the co to release an RNS saying "no known reason for the rise" just to spook some sellers. Then then price spikes up again.|
|wole: How's this for a sales pitch!
Market Age PLC
27 January 2004
The Board of The Market Age plc ("the Company") has noted the rapid movement in
the Company's share price today and whilst there has been a significant
improvement in the balance sheet arising from the debt-for-equity conversion, a
reduction in the operating cost base of the Company and improvement in its sales
performance, all these matters were noted in the preliminary statement in
respect of its annual and interim results, published on 6 January 2004. The
Board can confirm that it knows of no other reason that would account for such
|wole: Another attempt by TMA. Wonder how it will fare this time around...
Might be worth a little punt...
About FXCM: http://www.fxcm.com/company_profile.html
17.4M shares in issue. 74.1% of these in hands of directors, The Smith Trust and others, and a further 6% with PPM (Nominees) Limited. Any huge buy orders and the share price will shoot up!
One rather exciting thing about this share is that the loan note holders agreed to exchange £633,501 debt for 175,977 shares. The value of the notes was then reduced to £70,389 and interest was deferred for 3 years.
Highlights of last results:
* Return from suspension with stronger balance sheet
* Despite setbacks, turnover stable for full year and interim turnover up 55%
* Costs reduced
* Agreement to establish a low-cost offshore research bureau
* Pronet FX research gains top-five ranking for a third year
* New revenue opportunity in equities research
Chairman's Statement (05/02/04):
"We expect to be able to announce further contracts in the near future and these are expected to have significant further impact upon the trading performance of the Group, given that our business model as an applications service provider incurs very low marginal costs as our userbase expands."|
|castana: This has more than doubled in October and seems to have been missed by the bb'ers. The existing market conditions are perfect for their product (see chairman's statement from AGM on 28/9/01 below):
"In 1996 we established Pronet to provide analysis services
which would address the uncertainty which has always
prevailed in financial markets. In 2001, levels of
uncertainty are unquestionably significantly higher. Whilst
the wider investment community may well avoid initiating new
investments, thus exposing those firms whose revenues depend
on transactional volume to a down-turn, the need to explore
and monitor the risks of existing investments is greater
than ever. In this new environment of heightened
uncertainty, the outlook for Pronet is very positive.
"Since January, we have continued our recruitment of new
channel partners to provide us with a route to market and
the number of partners has now reached 77. Individual
registrations overall have been slightly below expectations,
but this has been more than compensated for by strong
interest in higher value wholesale (or "white label")
"The Board continues to exercise diligent control of the
operating costs of the business and remains committed to
achieving break-even during late 2001 and to growing profits
"The tragic events in the US have clearly had an effect on
the whole financial community. While a temporary pause in
new registrations was inevitable, shareholders should
remember that uncertainty and volatility in financial
markets drives rather than dampens demand for our service.
Also, while firms involved in transactions have reported
lower retail stock trading activity, those focused on our
current main markets of foreign exchange and derivatives
have seen no such declines.
"Following the extensive disruption to the dealing
infrastructure in lower Manhattan, we made our services
available on-line at no charge to those firms affected. We
have also joined together with our channel partners to
donate a percentage revenue from subscriptions taken out
during October to two charities. These are the New York
Firefighters 9-11 Disaster Relief Fund and the WTC Police
Disaster Relief Fund. In the case of subscribers who come
to us through our website directly, Pronet will be donating
30% of revenues over the lifetime of the subscription.
"Despite damage to the Bank of New York's ability to execute
business as global custodian as a result of public
infrastructure disruption in Manhattan, we are advised that
there will be no material impact on the timing of our ADR
launch, which is now scheduled for early November.
The company has used a clever piece of marketing for their product, and existing market conditions make it ideally suited.
The company released this statement in July when their share price dropped.
The Market Age PLC ("the Company")
Share price movement
The directors note that today the Company's share price has for the first time
dropped below the initial offered price and is not aware of any trading reason
for the decline.
A new service launched on Wednesday July 4th, Graphiti (Graphics with
Integrated Text Intelligence) has been very well received amongst existing
clients and the rate of new registrations has accelerated. The service has
gained users in 60 countries and the directors believe that Pronet is one of a
very small number of web-based services with a genuinely global market,
because it addresses questions posed universally by investors: which direction
is my market going? How far will it go? At what point should I recognise and
cut a loss? Since the service is visual, there is no language constraint; and
since the service is based on the ASP model, the marginal cost of adding a new
user is low. The company has a proven model for charging for its on-line
The directors remain committed to achieving break-even during late 2001 and to
returning significant profit growth in 2002 and beyond.
I am not an expert in reading accounts and would welcome comments but they seem to show enough cash in the bank to cover costs for the next 2 years and the company is forecasting movement into significant profit next year.
As I am new to investing in stocks I would welcome some 'expert' opinion on whether this company is worth a look.
The Market Age share price data is direct from the London Stock Exchange