Minds + Machines Share Discussion Threads

[treble in 1999] 10/5/2018 11:53

Since the announcement, sales 4.9m, buys 5.6m.

[treble in 1999] 10/5/2018 11:52

Higher re-rating on the cards now the earnings are being highlighted.

Downside of ownership cleared with major investors. Just up the rest to approve or not.

[chimers] 10/5/2018 10:27

Does this help?


SIMONTHOMPSON 4:13 PM on 9/5/2018
XXXXX

I think the directors have devalued their existing business markedly by making this acquisition as investors are simply not going to apply the same earnings multiple to a registry owning 'adult' TLDs. Also, fund managers may not wish to get involved with a company that makes some of its profits from adult website domains.

On the financials, finnCap predict a net profit for the enlarged business of $3.2m in 2018, rising to $4.4m in 2019. Based on the enlarged and fully diluted share count the company will have 925m shares in issue.

If you are willing to hold on then an exit from your holding at 10p a share implies an equity value of £92.5m less current net cash of £4.5m, and a multiple of 27 times 2019 forecast net earnings. For an annuity revenue base that has clearly been devalued by this acquisition that seems a more appropriate valuation, but not one I am comfortable covering in future given the nature of what they have acquired.

Best wishes

Simon

[chimers] 10/5/2018 10:26

The London Stock Exchange
We are sure.

[chimers] 10/5/2018 10:26

Hang on I'll ask them to make sure.................

[chimers] 10/5/2018 10:25

Oh..................Oh dear.................oh dear o dear o dear..........

FACTS EH!!

DONTCHA JUST LOVE EM

The London Stock Exchange
"There are no short positions currently open in MINDS + MACHINES GROUP LIMITED"

[chimers] 10/5/2018 10:18

"seriously" how does one "short" a share?

Also what is the current "short" position held in MMX?

Shall I investigate for you?




jamesto210 May '18 - 10:16 - 1560 of 1563
0 0 0
seriously Chimers close your short this heading up to 10p plus within a few weeks 💰

[chimers] 10/5/2018 10:17

Whats a short?

[chimers] 10/5/2018 10:15

Perhaps Tobys "track record is hidden in the Secret Private FB site in amongst the stuff marked "serious stuff"?

[chimers] 10/5/2018 10:13

My track record with KMK is excellent if I say so myself.

SELL@33p
How did it work out for you?

[504 bad gateway] 10/5/2018 10:12

CHIMERS TRACK RECORD IS WITH KMK

[chimers] 10/5/2018 10:10

Show me this "track record"




jamesto210 May '18 - 10:09 - 1555 of 1556
0 1 0
Toby Hall has transferred MMX into a well run business and as a professional continue to grow this company & products/profits will grow year on year Chimers . Time to top up son . Toby has an excellent track record

[chimers] 10/5/2018 10:03

Hey...............I know Im good...hell boy I wouldn't post if I wasn't!!



Why do you post?

[chimers] 10/5/2018 10:01

Ford Probe ?



jackson8310 May '18 - 10:00 - 1552 of 1553
0 0 0
car.porn ? Anyone know what sort of car will use this name Chimers