Minds + Machines Share Discussion Threads

[waldron] 21/8/2018 16:58

cheers fellas

enjoy your evening

[waterloo01] 21/8/2018 16:57

Just checked the rules and you are correct re needing to report only when it goes up or down by >1%.

[sjlawley] 21/8/2018 16:53

my initial tranche of shares for the sale of ICM was 48,765,655 shares and I have since added 400,000 more making a current total of 49,165,655.
A further 95,093,028 will be issued in January.

RNS TR1's will be filed I assume as I notify the company that my holding breaches (up or down) a particular full % threshold.

[waldron] 21/8/2018 16:34

waterloo01
21 Aug '18 - 15:49 - 1850 of 1854
0 0 0
SJLawley, worth posting your 3i post here. Agree with the logic and sense of valuation. One question though, as a notifiable holder, shouldn't you be reporting trades via RNS?



WILL THERE BE A RNS REGARDING YOUR PURCHASES AND CURRENT HOLDINGS SJLAWLEY


CHEERS

[sjlawley] 21/8/2018 16:27

and the other post I made about the Blockchain opportunity.

I couldn't agree more, in terms of "unexpected" upside , although the basic business is now super solid.

The Whole blockchain space is the same sort of Wild West that the internet itself was pre mid 90s whereby most of the development is in the hands of hobbyists and purists and with competing standards and protocols. There needs to be a "coming together" of blockchain and its potential for anarchic decentalization and the more trusted and "ordered" regulated internet and DNS as we know it for blockchain to mass traction with consumers and business. this exclusive and initial "bridge" between the two worlds is a tremendous first step and one of my former employees now working at MMX on this project said he felt like Alexander Graham Bell when he "associated " the first ever Ethereum wallet address to one of the 2 names in the .luxe root... Exciting stuff for sure. As to when and who will appreciate all the opportunities this presents and get turned on to it, thats a PR job for MMX I guess.

[waterloo01] 21/8/2018 16:25

OK thanks. Great to get your input and no you can't have my shares at 7.2p (or this side of 10p)

[sjlawley] 21/8/2018 16:25

earlier post made on another Board.


SB, its hard to say what constitutes "overvalued" but you are spot on when you comment on the respective value then vs now even with the extra stock issued for the ICM deal. By any measure the business is very different than one year ago. The management team turned the business around into real cash profits from predictable revenue streams rather than the lurching ad hoc auction based revenue fits and starts before. In addition as measured by total DUMS (domains under management) they had positioned MMX very favorably amongst the other new gtLD portfolio applicants, namely, Donuts, Neustar, Afilias, Famous Four Media and Uniregistry. if you compare the MMX average per TLD performance across the board versus the other major players , as I did before deciding who to sell ourselves to, MMX shines very brightly. If you then add on the immediately earnings enhancing long standing, reliable and predictable ICM profit stream together with the associated deduplication of wasted overhead you can see MMX is a TOTALLY different company to a year ago. Predicable revenue and cash producing profit stream that should allow MMX to pay a healthy dividend once it has been able to replenish its depleted coffers after the ICM cash requirement ($10MM). the company is very H2 weighted and as a result of our launches years ago being in December is perhaps even more so now, but the FY 2018 numbers should show a different story and institutions will be able to put their own value on this stock especially if a dividend plan is announced by then. I am as interested in the dividends as anyone else and look forward to their introduction but prudence is always the best policy and cash is always king. As mentioned before, I have picked up 400,000 shares in the market since closing in June at around 7-7.2 p and to show that I believe that sort of price is a raving bargain I just had my broker place a BUY order for 2 Million shares at 7.2p for the last 3 days....No takers , so it doesn't appear there are any more large sellers out there willing to take that price. I have now withdrawn that BUY order. Until the management proves the numbers on the FY 2018 results or any stunning results from their new initiatives I think this stock is fairly priced around 11-13p.... note thats just my back of cigarette packet calculation but can and should go higher once demonstrable results are reported. I am a holder and buyer for a while yet

[sjlawley] 21/8/2018 16:23

Will cut and paste comment as u request and as for reporting I am informed that I only need to file a TR1 form to notify when I "pass through" a percentage point in my holding. e.g. if for example I went from 6.25% over 7 or back under 6%.....

[waterloo01] 21/8/2018 15:49

SJLawley, worth posting your 3i post here. Agree with the logic and sense of valuation. One question though, as a notifiable holder, shouldn't you be reporting trades via RNS?

[likitorma] 17/8/2018 11:15

Struggling to get sell quote online indicating this has further to drop.Large sell order being worked by those who ramped it.

[jamesto2] 16/8/2018 07:12

10 years on....
2008..... a year investors want to forget in a hurry. The ftse tanked 31%, nationalisation of banks and a return of the 90% club were among some shockers in the year.
The Dow fell 34%, Aim 100 had a torrid year falling 65% from peak and the Nikkei fell from 15300 to c.8860

In early Jan the ftse tumbled 5% on fears of a global credit crunch.
Northern Rock became the first bank to be nationalised in decades and Halifax went to holders for £4bn, followed by Bradford & Bingley rights for £300m.
In July crude surges to $147 from.c.$90 in Jan but closed just above $35 at yr end and in Sept Lehman Bros filed for bankruptcy and B of A agreed a $50bn rescue for M.Lynch.

Oct the Govt announced a £37bn recapitalisation of RBS, HBOS and Lloyds TSB. In Nov Darling cuts vat and plans to borrow a record £118bn in 2009. Finally in Dec int rates were slashed to 2%.

I remember it well.

[waterloo01] 15/8/2018 15:23

In short, .work is proving to be a real 'sticky' winner

[ewads] 15/8/2018 15:11

Just looked in for some insight - last 6 psts all filtered from some time back!

[waldron] 15/8/2018 12:54

www.proactiveinvestors.co.uk/companies/stocktube/10132/minds-machines-hugely-encouraged-by-investments-into-new-gtld-businesses-10132.html

[la forge] 15/8/2018 11:24

Minds + Machines Group L (MMX.L): Shares Climb 20.71%
Posted by ONJ Staff on August 15, 2018 at 5:15 am

Taking a closer look at shares of Minds + Machines Group L (MMX.L), we have noted that the stock price has risen 20.71% over the last 4-weeks. Zooming in to the past 5 sessions, shares have changed 19.86%. Stepping back for the last 6 months, shares have seen a move of -11.05%. Going back a full year, shares have moved -31.74%.

Investors may be getting ready to buy into the stock market as we cruise into the second half of the year. Filtering out the constant noise in the markets can be challenging. Sifting through all the data can be trying, especially for the novice investor. Digging down into the fundamentals may help weed out the undesirable companies. Investors will most likely be scouting out the equity market for any bargains. Although they may be harder to find these days, there still may be a hidden gem out there somewhere. As companies start to report quarterly earnings, investors will be closely following to see which ones are poised for success over the next few quarters.

Investors may be looking for solid stocks to add to the portfolio. Sometimes, investors may choose to go against the grain and try something that nobody else is doing. This typically comes with plenty of time and research examining those appealing stocks. Digging into the fundamentals as well as tracking technical levels can help separate the winners from the losers. Investors who are able to keep the required temperament may be able to cope with market volatility and get positioned to take advantage of any opportunity that presents itself.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI is currently at 72.61, the 7-day stands at 82.74, and the 3-day is sitting at 94.25.

Investors and traders continue to monitor technical levels of shares of Minds + Machines Group L (MMX.L). A frequently used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 8.84, and the 50-day is 7.05.

Minds + Machines Group L (MMX.L)’s Williams Percent Range or 14 day Williams %R currently sits at -30.38. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Minds + Machines Group L (MMX.L) currently has a 14-day Commodity Channel Index (CCI) of 314.16. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Currently, the 14-day ADX for Minds + Machines Group L (MMX.L) is sitting at 21.02. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

[la forge] 15/8/2018 11:19

Hotmark
15 Aug '18 - 07:19 - 1837 of 1841
0 0 0
Wow - A cracking RNS - Should test 10p today
jackson83
15 Aug '18 - 07:20 - 1838 of 1841
0 0 0
RNS out & Toby Hall must of bought porn.work as every little helps 👯👙🙄...




UNLIKE YOU GUYS, THE MARKET HAS YET TO GO OVERBOARD WITH share price EXECITMENT

alas there are more sells so far


Somehow, perhaps the news was already factored in a couple of days ago

[la forge] 15/8/2018 11:19

Hotmark
15 Aug '18 - 07:19 - 1837 of 1841
0 0 0
Wow - A cracking RNS - Should test 10p today
jackson83
15 Aug '18 - 07:20 - 1838 of 1841
0 0 0
RNS out & Toby Hall must of bought porn.work as every little helps 👯👙🙄...




UNLIKE YOU GUYS, THE MARKET HAS YET TO GO OVERBOARD WITH share price EXECITMENT

alas there are more sells so far

[hotaimstocks] 15/8/2018 07:34

RNS out Twelve .WORK businesses receive $168 million - pounds not pence soon ... 50p share price by Friday

[jamesto2] 15/8/2018 07:26

RNS out - STRONG BUY - .WORK MOST INVESTMENT SUPPORTED NEW gTLD IN 2018 .. EXCELLENT NEWS & plenty more news & RNS 's next month / this year to come .

[jackson83] 15/8/2018 07:20

RNS out & Toby Hall must of bought porn.work as every little helps 👯👙🙄...

[hotmark] 15/8/2018 07:19

Wow - A cracking RNS - Should test 10p today

[cheshire man] 14/8/2018 10:25

A very nice looking chart :-)

[superbarnet] 14/8/2018 08:42

Bid coming?

[waterloo01] 14/8/2018 08:40

Seriously perky today!