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MMX Minds + Machines Group Limited

8.70
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Minds + Machines Group Limited LSE:MMX London Ordinary Share VGG614091012 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.70 8.50 9.50 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Minds + Machines Share Discussion Threads

Showing 3851 to 3855 of 10700 messages
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DateSubjectAuthorDiscuss
13/4/2017
18:53
Mate, i know these are all your accounts. Remember, i track your IP address. Get help.
simonsaid1
13/4/2017
18:34
SIMON PLEASE JUST IGNORE POSTS THAT OFFEND YOU

THIS THREAD WAS SET UP FOR NEWS AND DATA ONLY

RUBBISH POSTERS MAKE TOO MUCH NOISE AND GIVE VERY LITTLE VALUE TO SERIOUS AIM INVESTORS

THIS GOES FOR RAMPERS AND DERAMPERS

IN THE MEANTIME THE RESULTS ARE EAGERLY AWAITED AND LETS HOPE
TOBY HALL IS SUCCESSFUL

grupo guitarlumber
13/4/2017
18:24
Minds Machines Group Limited

("mmx" or the "Company")

.vip and geographic gTLDs update

Minds Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("TLDs"), is pleased to report orders for over 200,000 new registrations in its .vip top-level domain valued at US$1.3 million.

The orders comprise both standard names and premium names, including 61 premium names sold via the recently completed eName auction. The order contracts also ensure high renewal rates for the new registrations and a guaranteed minimum of $1.3 million of income payable to MMX over the life of the contracts. It is expected that the registrations will show on industry sites tracking new gTLD registrations, such as nTLDStats (ntldstats.com), over the next ten days and will take total registrations in .vip to in excess of 800,000.

Toby Hall, CEO of MMX commented:

"The latest registrations underline the ongoing vibrancy of the Chinese domain name market and the long-term potential of .vip both in China and potentially the wider Asia region. It also bodes well for the upcoming first-year renewals season following the industry breaking first month launch of .vip last May. Management is confident of its ability to exceed the 2017 one million registration target set for .vip."

The Company has identified a number of factors which it believes is driving .vip's growth in China, namely:

· Domain investors recognising the long-term relevance of .vip web extensions for China's burgeoning SME market as well as the region's established corporates;

· the first mover advantage generated for .vip in China via it gaining MIIT regulatory approval (announced December 2016);

· the supportive entrepreneurial environment within the China's fast growing internet industry; and

· the strength of MMX's in-country management team and in-country distribution partners.

Geographic gTLDs update

Separately, the Company is also pleased to report that the Heads of Terms agreement announced on 21 March 2017 regarding mmx's geographic TLDs has now proceeded to contract on the first of the geographic TLDs covered by the Heads of Terms with the second to proceed in due course. The Directors believe the agreement will lead to a material increase of registrations in the two relevant geo TLDs over the next twelve months.

hjb1
13/4/2017
18:22
Minds + Machines Group Limited

("mmx" or the "Company")



Business Update and Notice of Results



Minds + Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("TLDs"), reports significant continued operational progress across a number of business activities since its trading update announced earlier this year in January 2017.



Update on .vip and Asian Expansion Strategy

In May 2016 mmx successfully launched .vip into the Chinese market. Today it has over 586,000 registrations making it a leading gTLD in China as well as one of the top 10 new gTLD's worldwide. Following .vip's success in China, the Company is now looking to target other territories within Asia and is pleased to announce that Japan's leading registrar group, GMO, has commenced marketing .vip into Japan.



GMO accounts for approximately 90% of gTLD registrations in the Japanese market and is an important strategic partner for the Company. Alongside .vip, GMO is also marketing .work, another gTLD in the mmx portfolio.



Given the interest received by mmx from certain new distribution partners in South East Asia and India for certain TLDs within its portfolio, the Company is additionally reviewing its options for extending its retail distribution footprint more widely into these regions.



Within China, the Company is pleased to report that it is participating directly in the auctions of .vip premium names currently being held by eName, one of the leading registrars in China. Within the first five days of the auction, gross sales of .vip premium inventory released by mmx through the auction has reached CNY1.1 million (approx. US$160,000). The eName auctions will run through to the end of March 2017 and continue to evidence the underlying asset value and popularity of .vip in China.



The Board is targeting global registrations of .vip to surpass one million by the end of 2017.



mmx is additionally progressing submissions to MIIT, China's regulatory body for the Internet, on up to a further eight of its wholly owned TLDs, which (if approved) will allow mmx to target the growing Chinese SME market with its extensions. China currently accounts for over 46% of new generic top-level domains ("new gTLDs") and remains a growing and important market.



Positive Pricing Changes in US and Europe and Launch of .boston

In the US, mmx continues to strengthen its distribution and sales channels team with the appointment of a highly experienced new business development director who will focus on further monetisation of mmx's premium inventory across its portfolio of TLDs in North America.



This strategic appointment follows the Company's announcement of its revised premium inventory renewal pricing policy to the industry in January this year; and an extensive re-pricing exercise the Company is currently completing across all of its premium inventory which will result in improved premium pricing being released to its retail partners in the second and third quarters of the current financial year. The Board believes this should lead to further margin enhancement.



Separately, .boston, an important Company asset, is scheduled to be released for 'general availability' in September 2017. The Company is working together with its distribution and retail partners to implement a strategy to support the launch.



In relation to the Company's geographic TLDs, mmx is also pleased to report that Heads of Terms have been signed with a distribution partner which the Directors believe should lead to a material increase of registrations in two of the Company's geographic gTLDs over the next twelve months.



Notice of Results

mmx will announce its Final Results for the year ended 31 December 2016 on Tuesday 25 April 2017. A meeting for analysts will be held on the day at the offices of the Company's broker finnCap, 60 New Broad Street, London, EC2M 1JJ at 10.30 a.m. Analysts wishing to attend should contact Belvedere Communications on the details below.



Toby Hall, CEO of MMX, commented:

"Following the positive progress of 2016 reported in January, I'm delighted that the momentum has continued into 2017. Significant progress is being made on a range of initiatives that should deliver meaningful standard name registration growth and awareness across a number of our TLDs in 2017, as well as premium inventory sales which typically benefits the profile of our top-line billings. We are well placed for further future growth and, with operating expenses under control, we look forward to the rest of 2017 and 2018 with confidence."

hjb1
13/4/2017
17:51
merci,gracias et thankyou

NO RAMPING PLEASE

WE RE BRITISH

Enjoy your weekend

and dont eat to much chocolate

grupo guitarlumber
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