Manx Financial Share Discussion Threads

[mikeep] 04/4/2019 10:07

Another run of small same sells this morning @ 8p. Same as Tuesday. Some movement in shareholdings maybe ?

[gears] 03/4/2019 10:28

Not much info on here either. There does seem to be 3 main shareholders now.

[mikeep] 03/4/2019 09:00

I can't get my head around this share anymore. It is beyond difficult to read and, because of the lack of real news and what feels like genuine statements at formal reporting times, the only people in the know are our two main shareholders. 8p as of now and a run of trades bringing the price down. No comment on AB's intention and it remains an investment for JM & AB to treat as what appears to be their own cash cow.

[gears] 29/3/2019 08:20

Now you have the results. Can anyone explain subordinate loans please? Thanks

[castleford tiger] 25/3/2019 19:51

Does anyone think we will get to last year’s eps?
I have a slight fall ( Brexit worries ) flagged at half time.
So 1.7 eps fully diluted my guess.
Hopefully current year will be2 p
So 5 x historic and 4 current year.
WAy too cheap and a dividend soon?
Tiger

[m1keg] 24/3/2019 20:56

You would hope!

[castleford tiger] 24/3/2019 18:12

No sign of results!!
Must be this week
Tiger

[nick rubens] 26/2/2019 11:12

Well, around a couple of weeks now for the Final Results. Not much interest in this stock but it does occasionally come in fits and bursts.

Maybe the finals will attract the attention of the market and at close to historic lows, it could do some kind of re rate up. Needs something, This AB affair, though gone quiet isn't helping matters, though operationally it has no significance.

[m1keg] 11/2/2019 12:27

Savings rate upped at the bank. Doubt its competition driven which means they have plans for even more growth with the cash.

[castleford tiger] 04/2/2019 09:37

Can they pay one till they have sorted out the negative balance sheet re old losses?

It however cannot be far away and I know like you it will help.

Jim needs to start to deliver on the promise top create shareholder wealth.

The Non-EXC directors must keep pushing him.

Tiger

ps I agree re record results. EPS 2p fully diluted?

[nick rubens] 29/1/2019 12:57

Looks like a recovery starting ahead of what is expected to be record results, unless some corporate activity is brewing ahead of that. A dividend would make this much more liquid and popular with institutional funds I reckon.

[castleford tiger] 27/12/2018 13:02

I fear that unless you have as much as Jim you would very much be a second rate holder.
Remember the Doctor is a pal of Jims.

I am guessing the biggest hurdle is the strike price.
Tiger

[gears] 27/12/2018 12:00

It's difficult to know why a buyers not been found. Some kind of update might attract smaller buyers but a new director shareholder looks the best option. Maybe you Tiger.

[castleford tiger] 27/12/2018 07:08

Another record year for MANX about to close.

Just need the directors to sort this mess with AB and the share price will respond.

I think the MM have got wind him wanting out.

Why would another investor pay a much higher price than current market price?

I would be buying a million or two in the market

Tiger

[castleford tiger] 27/12/2018 07:08

Another record year for MANX about to close.

Just need the directors to sort this mess with AB and the share price will respond.

I think the MM have got wind him wanting out.

Why would another investor pay a much higher price than current market price?

I would be buying a million or two in the market

Tiger

[mridyard] 21/12/2018 08:07

I also topped up recently. I've held this stock for while now and can never understand why we get such sharp drops in share price when the banks financials keep improving YOY. Anyway I always top slice once the share price peaks again.

[castleford tiger] 20/12/2018 20:19

Shareholder value at twice the market cap in real assets
Price is crazy but clearly the AB issue causing the fall.
Brave investors stand to double or treble the value very quickly
I am in for more tomorrow
Tiger

[castleford tiger] 20/12/2018 20:13

I bet AB won’t sell his stake at this price.
It’s crazy but no I don’t think it will de list
I expect dividends to start soon
Tiger

[gears] 20/12/2018 13:17

Any AIM stock can delist if they Meet the criteria.

[nick rubens] 20/12/2018 12:33

Well its' falling again. Right I'm prepared to add at this level, because it's cheap, based on earnings but is there any risk that this gets taken private (delisted) eventually and then minority shareholders left with a pittance of a compulsory purchase.

It happened to me before many years ago with an offshore registered company. They were called Jetcam Int'l, if i remember correctly.

I wish I had something more optimistic to say but I've seen lots of companies delist and the excuse tends to be the market undervalues it and that there is hardly any interest and very few shares traded etc.

[castleford tiger] 12/12/2018 19:33

And still we drift south
Tiger

[castleford tiger] 06/12/2018 16:43

Lets start by the house broker doing a book building and getting some shares of his sold.

He will fail fit and proper and tbh its not good wehen he says "i own a bank in the IOM "
Which he does i have seen it.

tiger

[nick rubens] 06/12/2018 13:13

Definitely not suggesting anything came from the bank.

I think the recent drop in value here (despite being very low volume) is likely because of the whole affair and the subsequent RNS of AB possibly selling his stake.

It doesn't look much better for the wider market either, anyway. It's all very frustrating.

[castleford tiger] 06/12/2018 11:40

Pretty sure its not come from the bank.

They ( Jim) are pretty straight guys.

The sooner we can get the shares AB has placed the better.
5% is about 400k at todays price which is half what it should be once this mess is sorted.
A dividend would help and we must be pretty close to getting one
tiger

[nick rubens] 06/12/2018 11:05

Newsnight last night, investigating the brexit leave funding controversy. They got nowhere and it didn't look good, but something fishy about it all. Not sure how or if this might reflect on MFX but I didn't like what I saw.