Minds + Machines Share Discussion Threads

[jamesto2] 23/7/2018 06:38

Toby Hall is doing wonders ' to accelerate shareholders value ' 7p looks to be all MMX are worth & still no buyers believe in this .xxx acquisition lol .. Toby said Rome was not built in a day & be patient for another 3/5 years 👍🏿 He also said last year VIP would have over 1m sales 🙈...8 months on & looks like VIP will be under 800k soon

[jamesto2] 22/7/2018 22:35

We Just need an IC share Tip this week 😍

[jamesto2] 22/7/2018 21:40

why no directors buys 👙... Large background SELLER keeps dumping 🤔 Maybe another top up lol at 6/6.5p .. Toby give us some hope in the next RNS .

[jackson83] 22/7/2018 21:28

Should be an excellent week 👯.. Toby.xxx

[hotaimstocks] 20/7/2018 06:26

MMX 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.

boys.xxx 🚩 teengay.xxx 🚩 midget.xxx 🚩 boys.xxx 🚩 analphorn.xxx 🚩 ... I THINK ITS TIME FOR TOBY TO STEP DOWN BEFORE THE SHARE PRICE HITS 4p .. ... collegegirls.xxx $25,000 - this is why nobody is buying MMX shares & the share price heading to 4/5p

[hotaimstocks] 20/7/2018 06:14

Also worth a read.........


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 BEEN 9 weeks and still MMX share price is 6/7p