Minds + Machines Share Discussion Threads

[waldron] 26/4/2017 18:11

Market View: Technicals in Focus for Minds + Machines Group L (MMX.L)
April 26, 2017 BVN Staff Writer

Traders are taking a closer look at shares of Minds + Machines Group L (MMX.L) of late. The 14-day RSI is presently at 64.17, the 7-day is at 63.2, and the 3-day is resting at 54.88. The Relative Strength Index (RSI) is one of various popular technical indicators developed by J. Welles Wilder. Wilder introduced RSI in his publication “New Concepts in Technical Trading Systems” which was released in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and 100. The indicator is computed by using the average losses and gains of a stock over a certain time period. RSI can be used to help spot overbought or oversold conditions. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. A level of 50 would indicate neutral market momentum.

In terms of CCI levels, Minds + Machines Group L (MMX.L) currently has a 14-day Commodity Channel Index (CCI) of 79.41. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. The 14-day ADX for Minds + Machines Group L (MMX.L) is 41.4. Many technical chart analysts believe that an ADX reading over 25 would suggest a strong trend. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Some analysts believe that the ADX is one of the best trend strength indicators available.

Investors may be studying other technical indicators like the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Minds + Machines Group L (MMX.L)’s Williams %R presently stands at -29.38. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation. Looking at some moving average levels on shares of Minds + Machines Group L (MMX.L), the 200-day is at 10.59, the 50-day is 9.5, and the 7-day is sitting at 10.61. Moving averages can help identify trends and price reversals. They may also be used to help spot support and resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.

[simonsaid1] 26/4/2017 13:59

Thanks to Waldron for helpful posts. I have rejoined this thread as our resident troll appears to have moved on. Even his craziness can't argue against MMX at this point, as the prudent and conservative approach TH has taken is starting to hit serious paydirt.

Very excited for the next few results calls as this share builds excitement and hopefully a more appropriate premium to book value. The way things are going, 20p seems rather unambitious if anything.

[waldron] 26/4/2017 13:00

dnw

domain name wire



MMX annual shareholder letter gives a great overview of new TLD business

by Andrew Allemann — April 25, 2017 Domain Services 1 Comment

Deep insight into the past and present of the new TLD business.

Minds + Machines Group Limited, aka MMX, released its final results for 2016 today. I found the shareholder letter particularly interesting.

MMX’s current management is not the group that founded the company. A lot has happened with new top level domain names (expectations vs. reality) since the company was founded, and the new management has restructured the company and its strategy. Therefore, the shareholder letter freely discusses the missteps the company made and what it is doing now to recover from them.

MMX started with a grand strategy of owning the domain name experience from end to end; playing the technical registry role, the business registry role, registrar, and even domainer.

Some of the losses from these businesses have been quite large, such as the registrar effort. The company also entered into a contract for one new TLD early on that it has had to pay millions of dollars to restructure.

The company has now shifted to a pure-play registry business.

The shareholder letter explains what it sees as workable new TLD model: extra cashflow when a new TLD launches, and then a focus on a sustainable business driven by renewals. TLDs are a subscription business, after all.

Of note, one of the three targets for the company is domainers. This was not the case with the previous management, which wanted to capture all of the upside from good domain names. I like how the letter describes this group:

“Domain investors who serve both as early pioneers, as well as marketeers, of new extensions.”

The company has changed its premium domain pricing so that domains renew at standard prices.

The rubber is hitting the road in the new top level domain name business. Companies are adjusting to the reality of the business, and I think MMX’s shareholder letter is a good summary of what has worked and what hasn’t.

[hjb1] 26/4/2017 12:31

MMX annual shareholder letter gives a great overview of new TLD business

by Andrew Allemann — April 25, 2017 Domain Services 1 Comment


Deep insight into the past and present of the new TLD business.

Minds + Machines Group Limited, aka MMX, released its final results for 2016 today. I found the shareholder letter particularly interesting.

MMX’s current management is not the group that founded the company. A lot has happened with new top level domain names (expectations vs. reality) since the company was founded, and the new management has restructured the company and its strategy. Therefore, the shareholder letter freely discusses the missteps the company made and what it is doing now to recover from them.

MMX started with a grand strategy of owning the domain name experience from end to end; playing the technical registry role, the business registry role, registrar, and even domainer.

Some of the losses from these businesses have been quite large, such as the registrar effort. The company also entered into a contract for one new TLD early on that it has had to pay millions of dollars to restructure.

The company has now shifted to a pure-play registry business.

The shareholder letter explains what it sees as workable new TLD model: extra cashflow when a new TLD launches, and then a focus on a sustainable business driven by renewals. TLDs are a subscription business, after all.

Of note, one of the three targets for the company is domainers. This was not the case with the previous management, which wanted to capture all of the upside from good domain names. I like how the letter describes this group:

“Domain investors who serve both as early pioneers, as well as marketeers, of new extensions.”

The company has changed its premium domain pricing so that domains renew at standard prices.

The rubber is hitting the road in the new top level domain name business. Companies are adjusting to the reality of the business, and I think MMX’s shareholder letter is a good summary of what has worked and what hasn’t.


Robert Monster says

April 25, 2017 at 6:23 pm


I have spent the last several months getting to know the MMX leadership team, notably Toby Hall. Toby’s courage, energy, vision is being combined with a global approach to market adoptions. While it is still early days for the new TLD economy, I believe MMX will soon begin manifesting the type of hockey stick growth curves that analysts want to see. Donuts, Rightside, Famous Four, GMO, Uniregistry and others should take note.

Toby and I have a unique partnership that I am very excited about. I believe the partnership is a replicable model for registry operators who are seeking to align the emerging “Smart Web” with the very real trend of “Smart Cities”. The GDD Summit next month in Madrid and the launch of Smart.London in June are key events in the global unfolding of this shared vision for a Smart Web for Smart Cities

[hjb1] 26/4/2017 11:21

yeah, it will soon be 2p eh Jackson or whoever you are today...ha ha!

[hjb1] 26/4/2017 11:12

not this week maybe...but soon...watch this space!!

[hjb1] 26/4/2017 10:24

I expect the share price to bounce around 10-11p until next news which will be fairly soon imo.

[hjb1] 25/4/2017 15:45

plenty more great news to come here...watch this space!!

[hjb1] 25/4/2017 10:46

there is one supposed sell and relatively small sell at that, so NOT large at all!