Mind Gym Share Discussion Threads

[terminator101] 01/12/2023 07:10

Horror show results

£13 million loss

Declining revenue

But at least you have the comfort of the “pipeline̶1; to look forward to huh.

Market cap of nearly £40 million for this underperforming lossmaking pish is hilarious. Sub 10pm coming.

[terminator101] 09/10/2023 07:25

This loss making underperforming drivel will soon be a penny share.

Good luck holders, but it’s a dead duck.

[tomps2] 22/6/2023 09:03

Mindgym (MIND) Full Year 2023 results presentation - June 23

Mindgym CEO, Octavius Black and CFO, Dominic Neary present results for the year ended 31 March 2023. Delivering a robust performance, with double-digit revenue growth and an encouraging return to profitability.

Watch the video here:

Or listen to the podcast here:

[km18] 24/4/2023 15:03

Mind Gym plc
MIND issued full year trading update. The Group delivered results in line with expectations. The group expects to report revenues exceeding £54.7m, a 12% increase from the previous year, with profit before tax in line with expectations. The company's diverse client portfolio and range of solutions contributed to its robust performance despite macro-economic headwinds. MindGym won significant framework agreements in H1 FY23, and a large framework agreement with a global automotive manufacturer in H2 FY23, which is expected to deliver at least £2m over the next 18 months, with revenues expected to continue into FY24 and beyond. The company retains a strong financial position, with net cash of £7.6m and an undrawn £10m debt facility....from Wealth Oracle

[hybrasil] 14/12/2022 17:36

Just came and had a look as this reaches 52 week lows.

Is it not massively overvalued still? Turnover growing (albeit slowly) I accept - eating cash

Very quiet board

Any views?

[tomps2] 05/12/2022 13:26

MindGym (MIND) Interim results presentation - December 2022

MindGym CEO, Octavius Black and CFO, Dominic Neary, present interim results for the six months ended 30 September 2022, where significant momentum has driven growth.

Watch the video here:

Or listen to the podcast here:

[tomps2] 13/6/2022 08:31

MindGym (MIND) Full Year 2022 results presentation - June 2022

MindGym CEO, Octavius Black and CFO, Dominic Neary present the full year 2022 results for the period ended 31 March 2022.

Watch the video here: www.piworld.co.uk/company-videos/mindgym-mind-full-year-2022-results-presentation-june-2022/

Or listen to the podcast here: piworld.podbean.com/e/mindgym-mind-full-year-2022-results-presentation-june-2022/

[tomps2] 08/12/2021 08:53

MindGym (MIND) interim results presentation - December 2021

MindGym CEO, Octavius Black and CFO, Richard Steele present the interim results for the period ended 30th September 2021.

Watch the video here:

Or listen to the podcast here:

[qs99] 17/6/2021 10:32

"FY22 expected to be break-even as we continue to make significant investment in our digital offer, with an anticipated return to profitability in FY23"

Market cap £170m, cash say £15m and no profits until FY23.....

Who on earth is buying this to support such a ludicrous valuation?

DYOR

[tomps2] 14/6/2021 11:45

Mind Gym’s Founder and CEO Octavius Black and CFO, Richard Steele present full year 2021 results.

Watch the video here:

Or listen to the podcast here:

[tomps2] 26/11/2020 16:54

MIND H1 investor presentation, overview of H1 and digital strategy & investment going forward.

Video:

Podcast:

[energeticbacker] 23/11/2020 16:37

Predictably awful results. The shares remain 45% down on year highs with the current valuation £115m, reports Investor's Champion in their latest Vaccine countdown update.

[energeticbacker] 19/10/2020 11:43

Featured on Investor's Champion: Mind Gym certainly captured investors' attention on its arrival on AIM in 2018 with the shares soaring to a rapid first day premium and climbing to a high of 207p earlier in the year.

Investor's Champion questioned its very high valuation then. Unfortunately, the shares now sit 50% below the admission price with the latest results highlighting the perils of being non-essential.

[netcurtains] 12/5/2020 08:48

Interesting UPDATE from British Bulls last night - They say BUY

"
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
"

[izztre] 11/5/2020 17:37

Completely agree with their prospects. Low volumes impacting price action at the moment it would seem

[5oletrader] 07/5/2020 10:08

Seems unloved...

Mind Gym's virtual classroom offer... significant increase in the uptake and adoption of these since the onset of the crisis.

Revenue is expected to be 15% ahead of the comparative period last year...
Top end of the revised guidance...
Cash generation continues to be strong...
Cash balance of c.£15.9 million... No debt

Buying Opportunity OR am I missing something?!

ATB

[rumobejo] 28/4/2020 08:35

around 350k bought after close yesterday, so total bough was around 0.9 million shares equates to £0.9 million, bodes very well

morning tick up is nice too

150p

[rumobejo] 27/4/2020 16:24

half a million buys, in shares and in pounds, bodes well for a recovery to 150p

[rumobejo] 27/4/2020 15:15

thanks champion, market maker need to have a read and start moving ask, just about time...

[izztre] 27/4/2020 13:34

Agreed, price is good, statement is good given the current economic backdrop. They are well placed to capitalise on the digital market. They may also see growth from companies who offload their own staff in the area in order to reduce overheads

[rumobejo] 27/4/2020 13:30

the fact that they are not much affected by COVID 19 lockdown and yet delivering their servicesand making revenue gives them an edge

"The Group has introduced part-time working in some areas of the business and a number of employees have been furloughed under the UK Government's Coronavirus Job Retention Scheme. As of April 1st, we implemented a temporary salary reduction of 20% across the rest of the workforce and the Directors, which will be reviewed after 3 months. In addition, the founder directors have elected to forego 100% of their salary during this period."

"Whilst the current environment is challenging, the Board believes it also presents opportunities. Mind Gym's virtual classroom offer, which we have been delivering for a decade, provides clients with an immediate alternative during lockdown. Virtual training sessions receive similarly high ratings in participant feedback to "face-to-face" sessions and we have seen a significant increase in the uptake and adoption of these since the onset of the crisis."

nice buying today, hard to resist given it is fallen from 200p just few month ago

[saurish] 27/4/2020 12:33

You are right it is tricky valuing this one. But a combination of these 3 factors might be enough to make the price go higher for now, imho,1. Company will likely survive current crisis2. Might even produce some growth3. Is oversold in the short termDYOR