Matomy Media Share Discussion Threads

[dark energy] 07/12/2018 11:19

If ABA cared to read, DE had a FAQ prepared already, his question is answered.

But Mr Gambler do not need to worry, as a matter of facts, he should not be posting till result.

Gamblers have to wait




dark energy7 Dec '18 - 09:32 - 283 of 288 Edit

I suspect, everyone in now, either looking for 200% or possibly -90% on Monday.

[dark energy] 07/12/2018 11:16

More likely to be a nightmare on Monday

when Punters realise there will not money even for a Christmas dinner.

Mind you, Bill Gates aka Aba, can write off all your losers

[aba978731dom] 07/12/2018 11:15

Mr know all has been busy. Every other investors who invested both here and in Tel Aviv definitely do not have an idea. Well, since dark energy knows the outcome, expand your energy by telling us what will happen should they accept the offer. Your explanation about non acceptance has been well documented and accepted.

[dark energy] 07/12/2018 11:15

So promoting the shares at 13.5p

Now people you sucked in

are down -45%, by the end of the possibly back to sub 5p, and monday 1p-2p??

Yeah that's only Christman right? Bankrupting people with your daily scams



cudmore - 06 Dec 2018 - 11:08:04 - 2338 of 2379 Challenger Acquisitions Limited - CHAL
Bank those profits and stick them into MTMY

[dark energy] 07/12/2018 11:13

really? downward?

[cudmore] 07/12/2018 10:00

In for the ride. It’s Xmas......all going to be magical on Monday morning!!

[dark energy] 07/12/2018 09:31

Bondholders not having a choice.


They are senior creditors. They hold all the cards, the minute the company declare a credit event.

[tomboyb] 07/12/2018 09:27

Can you see the BOND HOLDERs having a choice here? -

Does not look like it however it is not there until an actual decision is made -

[tomboyb] 07/12/2018 09:17

Post 278 -

Agreed -

[dark energy] 07/12/2018 08:49

Do you know what's an event default?

They are proposing an event default. That's why the share price went to 5p.

Event default is a technical default, meaning breaching the terms.




UPDATE: Matomy Media Bondholders Consider Event Of Default Proposal LONDON (Alliance News) - Matomy Media Group Ltd on Monday said a bondholder meeting will take ...
Alliance News3 December, 2018 | 6:22PMEmail Form
LONDON (Alliance News) - Matomy Media Group Ltd on Monday said a bondholder meeting will take place by proxy on Wednesday where two proposals will involve the possible declaration of an event of default.

Shares in Matomy closing down 16% at 4.98 pence.

Matomy has outlined a proposed plan for an agreement with both its bondholders and with Rainmaker Investments GmbH, the minority shareholder in the Team Internet AG media company.

Matomy raised USD30.0 million in February through the issue of 101,000 units of convertible bonds, with a coupon of 5.5% a year. Proceeds were intended to be used to acquire an additional 10% in Team Internet, taking its holding to 90%, with the final 10% expected to be bought in November.

In November, Matomy said it was in talks to alter the terms by which it will purchase the final 10% Team Internet stake from Rainmaker. Matomy was also seeking to defer the payment for the stake acquisition.

Moreover, it was also seeking to revise the terms of its outstanding bonds

[babbler] 07/12/2018 08:09

They are not in default Ffs. Read the legal letter. The bond holders are playing a game.

[amrishbhim] 07/12/2018 08:01

There will agree to the extension as it's doesn't help both parties involved. Should see many more coming into this today as mms have more understanding of what possible outcomes there be. Yesterday selling is one factor but the market in Uk was quite down yesterday

[dark energy] 07/12/2018 07:53

Tel aviv was catching up with UK. They do close early.


Like when they closed UK went negative.



How's the promoting of this shares on other threads going cudmore?

I saw you were doing yesterday 13p.

How many people have you sucked in?




cudmore - 06 Dec 2018 - 11:08:04 - 2338 of 2379 Challenger Acquisitions Limited - CHAL
Bank those profits and stick them into MTMY

[cudmore] 07/12/2018 06:45

Up 40% in Tel Aviv

[aba978731dom] 06/12/2018 22:48

Something for pink angel to read and digest.

[aba978731dom] 06/12/2018 22:47

Some of Matomy's bondholders, backed by the bond's trustee, now claim the company failed to accurately disclose its financial situation when raising bonds. They are pushing to define a set of actions Matomy will need to take within a certain timeframe, or risk the announcement of an event of default. The bondholders met earlier this week to vote on legal representation, and intend to meet again on Sunday.Matomy, on its part, asserts that according to the bond indenture terms, the bondholders have no legal basis to meet or to call for an event of default. Such an event is also against the interests of everyone involved, the company said in a letter filed to the Tel Aviv exchange, as the company's financial situation will be much improved as long as it is able to complete the sale currently threatened by the dispute.Furthermore, Matomy stated, the first bond installment under the current terms is set for December 31, 2020, over two years away, but the company is willing to advance some of the sum to 2019, if the bondholders agree to extend the schedule to the end of 2022.

[aba978731dom] 06/12/2018 21:28

I am sure you can read well? Post 266 says, 'if it goes below 2p, I will...'. Now, because you fastest finger in the west, you did not allow your eyes to complete perusing the comment before you jump on conclusion. I am invested here, I don't know what are you games? Maybe, you want in cheaper. Good luck.

[dark energy] 06/12/2018 21:19

Good to know you know you are a gambler, as everyone who trades shares are gamblers, you are not an exception.


WE ARE ALL GAMBLERS

ONLY GAMBLERS WILL TRADE COMPANY SHARES IN DEFAULT.

Please do not speak of the obvious.

It's the unknown you need to share.


And if you are VERY VERY VERY smart, you could tell us the UNKNOWN UNKNOWNS.



BTW not everyone can afford to lose everything, there are newbies around.

[dark energy] 06/12/2018 21:16

So it's all good then.

are betting the house on it?

Tomorrow.

Tell us though, we can watch Bill Gates deep pocket :)


are you saying it's a gambling shares? Meaning boom or bust. Good you have confirmed this, because many here are not big shots like you.


Contrary to what you believe, when a company has defaulted, it's BONDHOLDERS WHOM Give them options.

PAY UP


OR FOLD.

[aba978731dom] 06/12/2018 20:15

Well, FYI, I am one of those who can afford to lose what I can lose. I am a gambler, that's why I take risk. I also remember what someone says, ' fortune favours the brave'.

[aba978731dom] 06/12/2018 20:12

I am sure the bondholders know clearly there is lot of options presented to them.

[dark energy] 06/12/2018 20:03

Bondholders could use a court and to terminate them for defaulting.

Maybe at 2p it's worth a punt of few hundreds squids.

but 8.5p? No way.

wait for the stampede tomorrow, as everyone knows if bondholder reject on Sunday, Nil.

Of course some are gambling they can afford to lose. Believe me, I have done it many times too.


Do not gamble what you can't afford to lose, that's what my great aunt Elizabeth used to tell. Bless her, she departed to the next dimension 8 years ago.


DE

[dark energy] 06/12/2018 20:02

do you know what defaults mean?


Do they have the cash to repay everything immediately no.


Surely if you are so confident, even preparing to bet the house, why not show us your worth by topping 2m-2m shares tomorrow morning

[aba978731dom] 06/12/2018 19:13

Surely, it cannot be nil even if it is rejected. Why not back your suggestion with facts as this is a sound company. If it goes below 2p, I will sell my house and buy the whole lot.

[the kingpin] 06/12/2018 18:53

whatever?

Is that answer. why waste your time fool.

"whatever", when a genuine question is asked, when potentially people could lose all their money on Monday Morning.

Yes people, whatever the outcome, right, just throw the dice.