Minds + Machines Share Discussion Threads

[isaseeya] 07/6/2017 15:28

Jackson83 why do you post negatives and then remove them an hour later?

[isaseeya] 07/6/2017 13:16

The price is going up..

[isaseeya] 07/6/2017 12:37

This will fly once the election is out the way.

[waldron] 07/6/2017 07:54

RNS Number : 3333H

Minds + Machines Group Limited

07 June 2017

For immediate release: 07.00 7 June 2017

Minds + Machines Group Limited

("MMX" or the "Company")

Portfolio Update: .vip

Minds + Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("gTLDs"), is pleased to announce that first year renewal rates for its .vip domain in China will be significantly ahead of those typically seen by new generic top-level domains in the region based on the manual renewals already processed on the first month of .vip registrations.

First year renewal rates are an important internal benchmark for the Company. To date, actual deletions for the first 31 days of registrations for .vip from China are currently less than 1%, with manually confirmed renewals for the same period already at over 60%, with the remainder being placed on auto-renew by registrars on behalf of their customers.

Whilst not all of those placed on auto-renew will be renewed, MMX expects the overall renewal rate for the first month of .vip registrations, which will be published in late July, to place .vip in-line with the best-in-class renewal rates of leading western facing top-level domains (i.e. c. 70% and above).

Toby Hall, CEO of MMX, commented,

"The .vip renewal rates from China, which have not been reliant on aggressive discounting tactics, are testament to the inherent value of the .vip extension and hard work of our retail partners.

"This bodes well for our Chinese premium revenues in H2 as we begin releasing our 2017 .vip premium inventory for the first time to the broader market in Q3, traditionally the main domain investment season in the region, on the back of .vip's exceptionally strong renewal profile."

MMX is currently progressing a further eight extensions through the MIIT (Chinese regulator) approval process for potential future release in China.

-ends-

[isaseeya] 07/6/2017 07:38

Great News! :-)

[chimers] 07/6/2017 07:28

By the way this is a tactic all companies use when negotiating buyouts or buyins or mergers.
They punch out their good news and up the ante at the table.
This was released today for a reason.
Enjoy.

[chimers] 07/6/2017 07:11

Whoooosh!!!!!!!!!!!!!!!!!!!!!!!

ENJOY.

Minds + Machines Group Limited

("MMX" or the "Company")



Portfolio Update: .vip



Minds + Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("gTLDs"), is pleased to announce that first year renewal rates for its .vip domain in China will be significantly ahead of those typically seen by new generic top-level domains in the region based on the manual renewals already processed on the first month of .vip registrations.



First year renewal rates are an important internal benchmark for the Company. To date, actual deletions for the first 31 days of registrations for .vip from China are currently less than 1%, with manually confirmed renewals for the same period already at over 60%, with the remainder being placed on auto-renew by registrars on behalf of their customers.



Whilst not all of those placed on auto-renew will be renewed, MMX expects the overall renewal rate for the first month of .vip registrations, which will be published in late July, to place .vip in-line with the best-in-class renewal rates of leading western facing top-level domains (i.e. c. 70% and above).



Toby Hall, CEO of MMX, commented,



"The .vip renewal rates from China, which have not been reliant on aggressive discounting tactics, are testament to the inherent value of the .vip extension and hard work of our retail partners.



"This bodes well for our Chinese premium revenues in H2 as we begin releasing our 2017 .vip premium inventory for the first time to the broader market in Q3, traditionally the main domain investment season in the region, on the back of .vip's exceptionally strong renewal profile."



MMX is currently progressing a further eight extensions through the MIIT (Chinese regulator) approval process for potential future release in China.

[hjb1] 06/6/2017 14:37

manipulation going on here methinks!!!!

[hjb1] 06/6/2017 14:27

nearly 30% up in a couple of weeks you muppet..ha ha!

[hjb1] 06/6/2017 14:21

hey Jackson and all your aliases...I much prefer it when your posts are a dot..ha ha!

[simonsaid1] 06/6/2017 13:55

This thread and the trolls abusing it have now been reported to MMX. Let's see what happens.

[gochimers] 06/6/2017 13:53

Has he sold out yet and left you all holding?

[hjb1] 06/6/2017 13:24

not sure I want a sale at this stage anyway..build profits and rake in the divis, that'll do me for a few years until they sell for 50p+

[simonsaid1] 06/6/2017 11:46

The few (and if you look at volumes, it's VERY few) sellers are most likely charists/'technical analysts' as they like to be called. Many of these people boast about how they don't 'waste time' reading news about their stocks and simply look for patterns. So they'll have seen this last week's spike and imagined some magical pattern has emerged that means it's time to sell ("Oh no! A double golden cross death cycle head and shoulders reverse cowgirl flag pattern! SELL SELL SELL!").

There are also those who use limit orders when they have too many shares to follow so just set a target price to automatically sell at.

I highly doubt that anybody paying attention would sell now. Notionally some who bought at the lowest point (5p in 2013) may want to take a profit, but would still be woefully short sighted given we know a deal is about to be announced which basically has to be shareholder accretive (otherwise they wouldn't bother doing the deal or appointing an investment bank!).

[chimers] 06/6/2017 08:16

And remember, this was picked in January as one of ST's top six shares for 2017.
This gets continuous coverage until pay day.
Enjoy.
Kerchinggggggggggg!!

[chimers] 06/6/2017 08:09

Now that its last weeks fish and chip wrapper here is what ST at the Investors Chronicle had to say re MMX.


"Strategic review presents buying opportunity at Mind + Machines

Bowleven is not the only company in my 2016 Bargain Shares Portfolio that has been benefiting from corporate activity. The same is true of Mind + Machines

(MMX:11.25p)
A service provider in the domain name industry focused on the new top-level domain (TLD) space. I last advised buying the shares at 9p a few months ago ('Eight small-cap plays', 27 Mar 2017), having first included them, at 8p, in last year's portfolio. I also advised tendering 13.2 per cent of your holdings back to the company at 13p last summer, the proceeds from which I then advised using to exploit the unwarranted subsequent pullback in the share price earlier this year ('How the 2016 Bargain Share Portfolio fared', 3 Feb 2017).


That decision has paid dividends after the company's board announced at the tail end of last week that it has appointed US investment bank, Headwaters MB, to review various strategic options to maximise value for shareholders. It's well placed to do so, having restructured the business into a pure-play registry business offering lucrative income from a valuable portfolio of 29 TLDs. Annual operating costs have been slashed by half to a run rate below $6m since the start of 2016, and with billings doubling to $15.8m last year, the company turned in underlying cash profits of $3.6m, a move into profitability that is sustainable.


Indeed, the company's .vip domain registrations are set to continue the heady growth rates seen since launch 12 months ago and surpass the 1m mark sometime this year, up from the current level of 817,000. Registrations are up 40 per cent so far this year and the company is targeting other territories within Asia following .vip's success in China. There is potential for further growth outside Asia to build the US and European portfolio which is already showing 37 per cent registration growth year-to-date with existing and committed registrations now around 350,000. For example, the launch of the company's .boston TLD is scheduled for release in September.


The point being that the monetisation of the portfolio is not being reflected in the share price, one reason why Minds + Machines attracted a major investment from Goldstream Capital Management, a company owned by Hony Capital, a leading Chinese private equity company, which invested £5.5m to acquire 42m shares priced at 13p last summer. Indeed, Minds + Machines retains net cash and trade receivables of $23.2m, a sum worth 2.6p a share, and its conservatively valued portfolio of 29 TLDs is in the books for $45.6m, or 5.1p a share. This means that the shares are only rated on a modest premium to book value even though the company has turned profitable, posting underlying cash profis of 0.5¢s (0.4p) a share in 2016, and has some very valuable geographic TLDs to monetise including: .london, .miami and .bayern.


The bottom line is that the strategic review may include, but not be limited to, an acquisition by or sale/merger of the company and one that I fully expect to value the equity way in excess of the 13p a share Goldstream Capital Management paid last year for its 6 per cent stake. Buy."

[chimers] 06/6/2017 08:05

The biggest player in this game wins everything.
They are all fighting tooth and claw to become the biggest.
That means buyouts and mergers.
It is as plain and as simple as that and it is happening HERE and RIGHT NOW.
Enjoy.