Mila Resources Share Discussion Threads

[pilot48] 08/1/2020 17:05

Doesn't look like anyone went...

[hedgehog 100] 08/1/2020 16:53

YOLO is now ASLR, and has continued its stellar rise.
Up another 16.92% (5.5p) today to 38p: market cap. £35.6m.
YOLO-ASLR has now 16.5-bagged from its share price at the end of September last year (2.35p).

23/12/2019 12:46 UKREG YOLO Leisure & Technology PLC Change of Name
"Change of Name to Asimilar Group Plc
Earlier today YOLO announced that, at its General Meeting held at 11.00 a.m. this morning, amongst other things, a resolution was passed to change the name of the Company.
The Company is pleased to announce that the change of the Company's name to Asimilar Group Plc has today been registered at Companies House.
Accordingly the TIDM for the Company's ordinary shares will change to ASLR"


Remember that it was a change of investment strategy to focus on technology that triggered the start of YOLO-ASLR's rise:

02/10/2019 06:00 UK Regulatory (RNS & others) YOLO Leisure & Technology PLC Placing and Investment Strategy
" ... Investment Strategy
The board of directors has conducted a review of the Company's investment strategy. One outcome of that review is that the board has decided that, in the light of the current market conditions and pipeline opportunities, within the scope of its current investment strategy it should give particular focus to technology opportunities in the fields of big data, machine learning, telematics and the internet of things (IoT). ..."



I wouldn't be at all surprised if shareholders attending MILA's recent AGM received an indication that MILA's new strategy includes the technology sector, which I believe it almost certainly does.

Which, combined with the "extremely exciting opportunities" to RTO that are being negotiated here, makes this a very compelling investment opportunity.

[hedgehog 100] 23/12/2019 13:32

lazygun 19 Dec '19 - 22:05 - 207 of 217
" ... Am at the agm on Monday. Don’t suppose any market sensitive info will be available, but I maybe be able to ascertain how confident the board is.....
L."


Lazygun,

Hope you made it to the MILA AGM today, and I'm sure that some feedback would be welcome by other shareholders please.

The "extremely exciting opportunities" to RTO that are being negotiated means that there could be a lot of upside here.

Were you able to glean whether MILA's new strategy includes the technology sector, (which it almost certainly does)?


Here are two tech stocks that were extremely exciting opportunities (both became thousand-baggers):

1. In hardware: "Intel went public in 1971 with an IPO value of only $8 million".

At its peak market capitalisation, in 2000, its market cap. was about $500 billion.

2. In software: Microsoft went public in 1986 with a market capitalisation of about $500 million. At its peak share price near the turn of the following decade, its market cap. was well over $500 billion.

[lazygun] 20/12/2019 15:09

Nearly 9% of the company traded today so far ...

L

[goodbloke1] 20/12/2019 11:26

Thanks for info

[pilot48] 20/12/2019 11:17

If you hold shares with a broker you need to notify them ahead of a deadline and they can provide you with a letter to attend.

[goodbloke1] 20/12/2019 10:59

How does one go to the AGM?

[lb28] 20/12/2019 10:42

It won't be when it blows.
Already offering 2.4p to sell.
They are just going to have to keep raising it until people will sell.

[iamgreat1] 20/12/2019 10:39

Share is too illiquid to buy and sell

[lb28] 20/12/2019 10:07

A few more shares in issue may be a good thing.
They want a big premium again.

[farnham] 20/12/2019 09:54

Got to love the mcap and shares in issue here

[lazygun] 20/12/2019 08:37

Reckon something is afoot!

Another 13% on tiny volume....


L.

[lb28] 20/12/2019 08:37

It's not the broker, there are no shares!
Somebody just paid a premium again. Wasn't me this time!

The director took everything the mm's had by the looks of it.
This could really fly today!!!!

[lazygun] 19/12/2019 22:05

Someone on the other bb indicated he made the purchase today. Think his broker let him down though. 2.3p on a small trade whe the bid/offer was JM h lower than that...

Am at the agm on Monday. Don’t suppose any market sensitive info will be available, but I maybe be able to ascertain how confident the board is.....

L.

[lb28] 19/12/2019 17:19

Up 15% today. AGM Monday.
MM's appear very short of stock.
The director must have taken everything they had.
Should do extremely well tomorrow and Monday.

[pilot48] 09/12/2019 16:48

Now we know who it was. Just need the other director to get stuck in now.

[hedgehog 100] 09/12/2019 12:42

A hefty 600,000 MILA share buy this morning: that's over two and a half percent of the company.

Though it's showing as a sell, because the share price was raised from 1.55p to 1.65p about fifteen minutes earlier:

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
09-Dec-19 09:53:08 1.60 600,000 Sell* 1.40 1.90 9,600 O

[hedgehog 100] 04/12/2019 16:13

Hopefully MILA will issue a statement to accompany its AGM later this month, commenting upon the company's recent progress.

This would be an excellent way to update everyone about the "extremely exciting opportunities" to RTO that are being negotiated.

An also an apposite way to confirm whether MILA's new strategy includes the technology sector, which it almost certainly does.

Either way, those shareholders that attend should find the experience helpful.

Exciting times here, and indeed it's hard to believe that we will ever see a better value shell opportunity than this:
• Market cap. barely a third of a million pounds (£359.6K. at 1.55p).
• Strong cash underpinning: £428,673 at 30th. June 2019, so the substantial value of the listing etc., including RTO upside, is 'in for free'.
• "Extremely exciting opportunities" to RTO being negotiated, with news expected imminently.
• Clear indications of a likely switch from resources for a RTO, with the technology sector a prime candidate.
• Main market listing, so no AIM delisting concerns.

A switch to or including the technology sector should be a substantially value-enhancing event here.
But the market hasn't really picked up on this yet.

[hedgehog 100] 28/11/2019 17:45

And remember that it was a change of investment strategy to focus on technology that triggered YOLO's multibagging last month:

02/10/2019 06:00 UK Regulatory (RNS & others) YOLO Leisure & Technology PLC Placing and Investment Strategy
" ... Investment Strategy
The board of directors has conducted a review of the Company's investment strategy. One outcome of that review is that the board has decided that, in the light of the current market conditions and pipeline opportunities, within the scope of its current investment strategy it should give particular focus to technology opportunities in the fields of big data, machine learning, telematics and the internet of things (IoT). ..."



And similarly, it was MMO's switch to technology that triggered its rapid multibagging in 2016.

tomboyb 9 Feb '16 - 08:23 - 619 of 627
"In case anyone has missed it - MMO moving to fintech area"


Within a year MMO had more than 20-bagged.

It was in February 2016 that this similar shell to MILA, MMO (which became MCC), announced a similar strategy switch from resources to fintech, and the share price multibagged virtually overnight.
And within a year it had more than 20-bagged.

"Mercom Oil Sands Plc Notice of AGM
08/02/2016 5:50pm
UK Regulatory (RNS & others)
The Board of Mercom confirms that it has today posted a circular to shareholders convening an annual general meeting to be held at 85 Richmond St W, Toronto, ON M5H 2C9, Canada at 10:00 a.m. (EST) on 3 March 2016.
The meeting will consider resolutions to approve, amongst other things, amendments to the Company's investing policy and a change of the Company's name to Mercom Capital Plc. ..."

[hedgehog 100] 28/11/2019 17:30

I posted a month ago that the market seems to have a good appetite at the moment for rerating deserving shells, and I gave the examples of YOLO at 9.9p and ADA at 4p, both of which had experienced sustained multibagger rises, and largely held those gains.

Interestingly, both of these have posted further good gains this month too.

YOLO: 11.75p, market cap. £8.48M.




ADA: 5.0p, market cap. £4.13M.

[hedgehog 100] 27/11/2019 16:12

Make that eight of the last nine MILA trades have been buys: that last buy of 100,000, at well over the asking price, wasn't showing on my screen when I posted the above.

Recent Share Trades for Mila Resources (MILA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
27-Nov-19 15:53:15 1.585 100,000 Buy* 1.40 1.50 1,585 O
27-Nov-19 15:21:33 1.50 10,000 Buy* 1.40 1.50 150.00 O
27-Nov-19 13:46:40 1.50 25,000 Buy* 1.40 1.50 375.00 O
27-Nov-19 12:41:37 1.41 38,353 Sell* 1.40 1.50 540.78 O
27-Nov-19 12:41:27 1.50 25,000 Buy* 1.40 1.50 375.00 O
27-Nov-19 12:40:22 1.50 25,000 Buy* 1.20 1.50 375.00 O
26-Nov-19 14:47:46 1.48 100,000 Buy* 1.20 1.50 1,480 O
26-Nov-19 14:46:27 1.435 137,988 Buy* 1.20 1.50 1,980 O
26-Nov-19 14:33:22 1.45 68,965 Buy* 1.20 1.50 999.99 O

[hedgehog 100] 27/11/2019 16:03

Seven of the last eight MILA trades have been buys, and the market makers must be running low on stock again.

And good news from MILA could well be imminent.

Recent Share Trades for Mila Resources (MILA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
27-Nov-19 15:21:33 1.50 10,000 Buy* 1.40 1.50 150.00 O
27-Nov-19 13:46:40 1.50 25,000 Buy* 1.40 1.50 375.00 O
27-Nov-19 12:41:37 1.41 38,353 Sell* 1.40 1.50 540.78 O
27-Nov-19 12:41:27 1.50 25,000 Buy* 1.40 1.50 375.00 O
27-Nov-19 12:40:22 1.50 25,000 Buy* 1.20 1.50 375.00 O
26-Nov-19 14:47:46 1.48 100,000 Buy* 1.20 1.50 1,480 O
26-Nov-19 14:46:27 1.435 137,988 Buy* 1.20 1.50 1,980 O
26-Nov-19 14:33:22 1.45 68,965 Buy* 1.20 1.50 999.99 O