Minds + Machines Share Discussion Threads

[chimers] 27/9/2017 12:55

Its a Simon Thompson pump and dump deadcat bounce.

[chimers] 27/9/2017 12:54

No I told you what the spike is and I told you this YESTERDAY.


hotaimstocks27 Sep '17 - 12:52 - 5220 of 5220 0 0
Looks like the brave who shorted the stock at 13.75p have just bought it back and caused a spike today and then as before it will continue down below 10p .. Charts never wrong lol

[chimers] 27/9/2017 12:11

ST's 12pm deadcat bounce as promised yesterday.

[hotaimstocks] 26/9/2017 20:10

MMX Brrmedia release video today speaking to Toby Hall

[hjb1] 26/9/2017 18:35

Rupert Hargreaves | Tuesday, 26th September, 2017 | More on: MMX TMO
Image: Public domain

In my view, Minds + Machines (LSE: MMX) could be one of the AIM’s hidden gems. The company, which provides internet domains and related services, has seen the value of its shares rise by around 50% since the beginning of 2016 as sales have steadily improved.

However, despite rising sales, profits have remained elusive, but it looks as if this is about to change.
Maiden profitability

According to the company’s first-half results published today, renewal billings nearly tripled to $3.1m while renewal revenue more than doubled and now accounts for 45% of revenue, compared with just 15% in the same period last year. This growth means that renewal billings are now higher than fixed operating expenditure, which came in at $2.6m for the first half.

Heading into the second half, MMX is primed for further growth as management has decided to hold back key 2017 inventory releases. Billings eased to $5m from $8m the year before. However, sales of roughly $6m have already been achieved during the third quarter, bringing year-to-date sales level with 2016. Commenting on the results the firm said: “The first half of 2017 has been a period of consolidating the transformational progress of 2016 and establishing a solid platform for the business to deliver its maiden year of profitability as an operating business in the current year.“

With $15.3m of cash at the end of August, MMX has a strong balance sheet to support growth. I believe that the market will re-rate the shares when the company reports its maiden profit.

[grupo guitarlumber] 26/9/2017 17:25

Strategic review

On 25 May 2017, MMX announced the appointment of Headwaters, a West Coast based US investment banking firm, to conduct a strategic review to look at all options open to the Group. The Company and Headwaters have held conversations with a number of strategic parties in the US, Europe and Asia and continue to explore a range of options to determine the best path forward, which may or may not result in an offer being made for the Company as a whole. A further update on progress will be provided when there are material developments.

Conclusion

H1 2017 has been a defining period where for the first time we have been able to see both the benefits of a portfolio approach operating across regions and how one-off premium sales can support the development of a long-term annuity based business as well as provide stimulus for significant standard registration growth. Registrations across the portfolio are up by 34% from 31 December 2016 at the half year.

As we look forward to the completion of the strategic review, our goal is to achieve an outcome that therefore allows an acceleration of what we increasingly consider to be a de-risked, proven business model for monetizing top-level domains and creating a significant annuity based business.

In terms of the current year, our billings profitability, net cash contribution of operations, and improved quality of earnings in H1 2017, combined with the trading since the half year, means we are more confident than ever about the prospects for the business and delivering its maiden year of profitability as an operating registry in the current year.

Executives' Summary

Toby Hall, CEO

Michael Salazar, COO/CFO

Consolidated Statement of Total Comprehensive Income

for the period ended 30 June 2017

[ariane] 26/9/2017 15:41

Rupert Hargreaves | Tuesday, 26th September, 2017 | More on: MMX TMO
Image: Public domain

In my view, Minds + Machines (LSE: MMX) could be one of the AIM’s hidden gems. The company, which provides internet domains and related services, has seen the value of its shares rise by around 50% since the beginning of 2016 as sales have steadily improved.

However, despite rising sales, profits have remained elusive, but it looks as if this is about to change.
Maiden profitability

According to the company’s first-half results published today, renewal billings nearly tripled to $3.1m while renewal revenue more than doubled and now accounts for 45% of revenue, compared with just 15% in the same period last year. This growth means that renewal billings are now higher than fixed operating expenditure, which came in at $2.6m for the first half.

Heading into the second half, MMX is primed for further growth as management has decided to hold back key 2017 inventory releases. Billings eased to $5m from $8m the year before. However, sales of roughly $6m have already been achieved during the third quarter, bringing year-to-date sales level with 2016. Commenting on the results the firm said: “The first half of 2017 has been a period of consolidating the transformational progress of 2016 and establishing a solid platform for the business to deliver its maiden year of profitability as an operating business in the current year.“

With $15.3m of cash at the end of August, MMX has a strong balance sheet to support growth. I believe that the market will re-rate the shares when the company reports its maiden profit.

[chimers] 26/9/2017 10:32

A very determined and lucky punter might be able to trade this as it drifts down but the pickings will be slim.

Go for something thats going to really set the world on fire.

Make your money make money.

Piddling around in this sham will only waste your time and efforts.

Oh it might well pop its head up above the parapet now and then but its just a cash cow for the directors.

Not you!!.

[chimers] 26/9/2017 10:28

I lay it on the line and I post BEFORE the event.

This way if I am wrong then I am wrong.

I am rarely wrong.

Wrong for me, is escaping at breakeven.

Let me just say this once on here as this is the mmx thread.

BANGO.

Fill your boots sell the farm sell everything.
BUY BANGO

I HAVE.

You will find out why soon enough.

Dont bleat
Dont get impatient.
Just do as I suggest.

This post will be testament to my prowess lol.

[grupo guitarlumber] 26/9/2017 10:08

well balanced posts chimers

cheers

[chimers] 26/9/2017 10:03

In many ways mind you it was not a bad tip from ST , it simply wasnt as good as he implied but following his tip would have made you a very nice wedge by buying at 8p and dumping at 14p

Trouble with punters is they are way too greedy.

A near 80% profit is not good enough for "punters"

This is why 99.99999999999% of all punters lose money.

They hang on thinking it can double and double and double.

Protect your stash at all costs!!
Take a profit when its presented to you.

Learn to differentiate between a short term "situation" punt and a longer term growth stock.

At the end of each year you should have paid all your bills and bought something shiny and your pot should be larger than it was last year.

DO THAT.

[waldron] 26/9/2017 09:36

WILL WE HIT 5 MILLION SHARES TRADED TODAY

[chimers] 26/9/2017 09:27

Gosh its as if I know what Im doing eh!!!