Midas Capital Share Discussion Threads

[rambutan2] 01/2/2007 12:40

well, it can't be denied that we are now in feb - the occasional seller can't be blamed for letting their nerves getting the better of them!

[napoleon 14th] 30/1/2007 23:40

That MDS deal shown above is, needless to say, a hoax in that it applies to MDS Inc & is for 615 mln used cash!


Still a bit beyond our reach.....old money or new!

[birdie4] 30/1/2007 15:03

I too am very nervous that the delayed deal has yet to be signed. If and when it is signed it could be a springboard for the share price

[marcy] 29/1/2007 18:40

Long time off this BB but feel now could be a good time to get in with Mondas again. Previous discussion plus personal belief leads me to hope that the S.P could be 3x what it is today. Allowing for a meagre 15 PE. Orders are what count and Blue Curve with Mark Robertson at the helm is gaining ground. Get Corporate Actions on board and we have a very exciting prospect for potential and existing investors. New name, together with a hoped for new fresh and energetic image. The directors have a real chance to impress.

[viney1] 29/1/2007 17:08

The question on most lips is where is the delayed order?

Knocking on the door of February and the comment was shortly. Looking to see this very soon. Confirmation will see share price continue up. Still at a hefty discount note.

[romeo] 26/1/2007 08:43

The new website is under construction:

[andy man] 26/1/2007 08:12

Brokers ready to move it up. Last chance @16.31p

Mondas represents very good value.

Cheers Andy

[steve_wilson] 25/1/2007 19:01

Agree Mondas is in a strong position.

Investors may be thin on the ground until slippage contract confirmed and future orders are brought in. Once the model is working current SH's will experience upward pressure. I sense this is not long away.

SJW

[mollymolly] 25/1/2007 17:22

I'm not sure about the Pearson relationship. There was a hope of explosive growth, but that has not materialised. We have seen steady growth in the Education market, but not explosive.

I think the resource/education part of the business is expected to produce steady growth (10%? - my guess) rather than the 30/40% organic growth expected in the other parts of the business,

The Resource business has been a dependable cash cow that saved Mondas, but the real excitement now lies in the CAPS and Blue Curve markets. Nevertheless the resource business does underpin the value of Mondas. At break up value Resource must be worth at least £3 or 4m add to that £1M+ cash and tax losses worth £2m. For investors this mature part of the business with its reliable recuring revenue limits the downside risk.

[johnroger] 25/1/2007 16:16

Mds seems to be in the best position it has ever been in.
I'm convinced, added another 10K this pm.
On line limit to sell was greater than to buy,always a good sign.

Molly - did you notice the Pearson result comment on the strength of the Education sector?

[mollymolly] 25/1/2007 15:16

T&G are forecasting £1.2M for 2007 - 3.26p/share. That is a current p/e of 4.8.

They say that the "average" for the sector is a p/e of 18.

If Mondas can be "average" the we should see a share price of 58p in a years time.

Of course Mondas certainly has performed below average for some time. But last year saw a turnaround in profit of 1.2m (800k loss to 400k profit) AND the forecast is for the profit to TREBLE this year.

As soon as Mondas can deliver evidence that the 2007 number is reasonable I think we will see a significant move forward in the share price.

I too have talked to the company and am confident that the 2007 number is achievable. The recuring support revenue is half costs, we have strong revenue generation from the existing user base, and the "global rollout" all produce very substantial revenues.

Mondas is in my view much better than average NOW, T&G short term forecast of 25p still looks cheap.

[rambutan2] 25/1/2007 14:47

what's happened to that famed swiss efficiency - you can't rely on anything these days. what's the world coming to! when i was a young... !! .... !!!!

[the shuffle man] 25/1/2007 13:37

only a few days left in this month fingers x for the signing of the contract

[mollymolly] 24/1/2007 10:49

I have checked on the share issue announcement.

Announcement is an admin mistake by AIM.

The 1,461,110 shares were issued in Oct 05 for Eclipse aquisition and are already included in the 22 Dec "Total Voting Rights" announcement of 36,848,750 shares.

Perhaps LSE needs a decent corporate actions system.

[rambutan2] 24/1/2007 00:42

admission of 1.461m shares last thurs?

[rambutan2] 23/1/2007 16:19

or that someone would sell them for below par

[gac141] 23/1/2007 16:11

Interesting to note that someone bought 10,000 culs @ 99p

[mollymolly] 22/1/2007 10:02

Blue Curve is already taking off. It is a shame that the "world bank" has not been named, a very big deal I think. I'm expecting big things to continue in 2007.

Last years new Blue Curve deals, from RNSs:

December West Coast Investment Bank (US)

December Ingeniuos

September Charles Stanley

September MDM Bank – Russian

July "Leading World Bank"

April Brewin Dolphin

March Ferris Baker Watts (US)

Jan 2006 Rabobank

[napoleon 14th] 18/1/2007 23:16

Cor blime!
Let's hope that's the comment after a re-rating.

Still being patient....
Looking at BVC & DTK, to name just two good 'uns, re-ratings seem to be quite hard to come by nowadays.

[converse] 18/1/2007 11:10

Corero is a little bit like Cor Financial Systems (www.cor-fs.com), will be interesting to see where the emphasis is made in pronunciation.

[mollymolly] 18/1/2007 10:11

Although I am conservative and resit some changes, I don't mind this one.

Mondas has moved on dramatically since 2004 and it will be good for staff & customers to shake off all reminders of that painful period.

I think if the PR is done well, then it create a fresh new image.

[rambutan2] 18/1/2007 08:39

from misys interims which out today...

Banking

Market conditions

Market conditions have continued to be favourable with growth in banking IT
budgets at around 5-6% overall, with some regional variations such as Asia
Pacific and Eastern Europe demonstrating stronger growth. Whilst the majority of spending - in excess of 85% - continues to go to maintaining existing systems, financial services firms are allocating a larger share of the IT budget to new projects from third party vendors to meet increased demand for compliance, expand channel coverage and eliminate redundant systems. In capital markets new spending is also being driven by the growth in global derivative volumes and by expanding hedge fund activity.

[rambutan2] 18/1/2007 08:14

lambasting and ridicule come to mind!