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  6. Mi-pay Group Plc (MPAY)

  7. Mi-pay Group Plc (MPAY) Share Price

MPAY

Mi-pay Group Plc

1.20
0.00 (0.0%)
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Share Name Share Symbol Market Type Share ISIN Share Description
Mi-pay Group Plc LSE:MPAY London Ordinary Share GB00B0N59376 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
Upgrade Icon
  0.00 0.0% 1.20 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
1.00 1.40
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.20 GBX

Mi-pay (MPAY) Latest News

Real-Time news about Mi-pay Group Plc (London Stock Exchange): 0 recent articles

Mi-pay (MPAY) Discussions and Chat

Mi-pay Forums and Chat

Date Time Title Posts
23/12/202213:23Payment services for global mobile operators,176

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Mi-pay (MPAY) Most Recent Trades

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Mi-pay (MPAY) Top Chat Posts

Top Posts
Posted at 24/2/2021 12:20 by stemis
Just received notification from EQI that I will be credited today with the distribution from M-Pay of 1.679p a share. Can't understand why it's taken so long but at least it's in now...
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Posted at 01/5/2020 13:32 by stemis
Assuming there's anyone left here interested. The liquidator was appointed on 12 Feb and, according to the declaration of solvency, the payout should be about 1.6p per share. Not sure what the hold up is though...
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Posted at 27/1/2020 13:16 by tomboyb
delisting approved -

https://www.investegate.co.uk/mi-pay-group-plc--mpay-/rns/result-of-general-meeting/202001271206400260B/

Completion of disposal of Mi-Pay Limited



Cancellation of admission to trading on AIM



Mi-Pay (AIM: MPAY) announces that at its general meeting held earlier today, all resolutions were duly passed. Accordingly, as set out in the Company's circular dated 23 December 2019 (the "Circular"), the disposal of Mi-Pay Limited to AlphaComm B.V. (the "Disposal") and the cancellation of admission of the Company's ordinary shares to trading on AIM (the "Cancellation"), have been approved.



The Company confirms that the Disposal has now completed. The last day of dealings in the Company's ordinary shares on AIM will be 3 February 2020 and Cancellation will become effective at 7.00 a.m. on 4 February 2020. Further details of the Disposal and Cancellation are set out in the Circular referred to above.

Consequently, as set out in the Circular, the Company will proceed with the second general meeting, which has been convened for 4 February 2020, to consider resolutions to effect a members' voluntary liquidation of the Company ("Liquidation"). If these resolutions are passed, the Company will immediately appoint joint liquidators and commence the Liquidation process. Further details on the Liquidation are set out in the Circular referred to above.
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Posted at 19/12/2019 23:25 by rumobejo
on a more sensible note, hope idiots read

https://m.twitter.com/SurferStock/status/1207643724563599361

"As stated in yesterdays RNS, 'Voluntary liquidation' is how they get around the 10p nominal share value. This is not a de-list, they're ceasing the trading company. Absolute sham imo. Buys are for the £1.1m distribution of funds in order for everyone to sign for liquidation."
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Posted at 18/12/2019 15:06 by dave4545
You were warned !

Approx return of 1.5p per share then it will delist !
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Posted at 18/12/2019 10:39 by dave4545
Why would anybody risk it !

Share could get suspended now and if they survive you have to beat the market makers on a crazy spread. I'd only play wide spreads like this on a sound business.
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Posted at 03/8/2017 07:14 by battlebus2
At last some news with the extension of our most valuable contracts. Should help the price move for a reason 👍
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Posted at 18/7/2017 17:13 by stemis
Yes, being ramped on twitter. Just search #MPAY and you can see who's doing it.
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Posted at 05/7/2017 20:37 by battlebus2
Again that's the third time lol. Some of these days we may get news that will see the share price appreciate for a reason, until then I live in hope.
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Posted at 24/5/2017 11:58 by deswalker
Like SteMiS I ended up in this share after making a sensible value investment in ACZ and unfortunately seeing James Leek take us along this poorly judged misadventure. Very annoyingly I have rather more share than SteMis :o(

Since the Reverse Takeover I have been following things pretty closely and have obviously been dismayed to see the share price drop.

My impressions are as follows:

- The chairman has done a great job of streamlining the company and making it more efficient. He has a very impressive CV and we would be totally lost without him. I think under the bonnet the company is now pretty tightly run and has some good people except ....

- The CEO is a waste of space and hopefully won't be around forever as he seems to like to disappear off to other projects rather than achieve anything.

- If we can win new business then the operational efficiencies will magnify profits very sharply. But we need to win new contracts !!

- The Reverse Takeover was more or less sold on the Philippines contract which has so far come to nought. It just seems that right now Asia is content to keep buying paper top-up vouchers and meanwhile the number of competitors within our business just keeps increasing for when the transition to electronic payment starts to happen. Our value-added fraud business seems low down the mobile operators list of priorities over there with vouchers removing that risk and simply writing a set of T&Cs absolving themselves of any responsibility for online fraud being the other zero-cost alternative.

- In Europe I expect the market to continue to grow as I can see people actually reverting back to PAYG. But the number of operators in this growing market is static at best. The virtual operator market seems to be shrinking as we saw with the short-lived Post Office Mobile and Mobile By Sainsburys ventures. So the opportunities are fewer but increasing in size which I think was said in the Results. More risk but more return IF we can win the business ....

- Our main competitor is a private company called trustvesta.com. Whether there is any interest in a tie-up between the two is open to discussion. Our Chairman has a history of deal-making so will have a few different plans I'm sure.

- The China mi-pay links are either a genuine mistake or a blatant ramp. More likely the latter I suspect.

Basically I wish I was still invested in ACZ, but we are where we are. If we can win new contracts and retain the ones we have then the share price is clearly too cheap with such strong margins. But if we lose contracts then ....

Des
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