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MMX Minds + Machines Group Limited

8.70
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Minds + Machines Group Limited LSE:MMX London Ordinary Share VGG614091012 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.70 8.50 9.50 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Minds + Machines Share Discussion Threads

Showing 3826 to 3841 of 10700 messages
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DateSubjectAuthorDiscuss
13/4/2017
14:42
That is the date of the results, which are highly likely to be very positive and aid the rise of the share price.
simonsaid1
13/4/2017
14:30
FORTHCOMING IMPORTANT DATE

25th April 2017

grupo guitarlumber
11/4/2017
23:28
11/04/2017 ..... Shares in Minds + Machines (LSE: MMX) have been on a roller coaster ride over the past 12 months. After hitting a high of 12.75p during September of last year, the shares fell to 8.7p during January. But since the end of March, the shares have rallied, adding 12.7% to 10p. These gains have come off the back of a positive trading update from the firm in which management informed the market that 2016’s positive trading had continued into 2017.

Minds provides internet domain names, which is a highly lucrative business. For the first half of 2016, the company reported a gross profit margin of 86% on billings of $8.1m, up 300% year-on-year. Margins have been significantly improved by management’s decision to move to a lean pureplay registry business, able to operate incisively across three time-zones. Operating costs fell 27% year-on-year for the first half of 2016 and are expected to fall further in 2017. Management is targeting an operating cost base of $6m for 2017, down from an annualised $7.2m based on first half 2016 figures.

Set for further gains?
Looking at the figures, it would appear that shares in Minds are set for further gains throughout 2017. For the first half of 2016, the company actually reported a small pre-tax profit of $0.1m, and trading continued to gain traction during the second half.

Indeed, at the end of January, the company indicated that total billings of $15.8m were achieved for 2016, compared to $7.9m for 2015. The trading update also revealed that operating costs are now below management’s targeted level of $6m. Initial figures put operating expenditures at $6.8m, including $1m of non-recurring restructuring costs. After stripping out this one-off cost, the operating expense run rate declined to $5.8m.

Moving in the right direction
Topline figures show Minds is moving in the right direction and a further analysis of the figures supports this conclusion.

At the end of 2016 the company had just over 800,000 domains under management, and renewal billings for the year increased by 116% to $3.8m, providing a valuable source of recurring revenue for the firm. Management is targeting sales of 1m of its .vip domain names by the end of this year, up by more than a quarter since the end of 2016.

It is clear that Minds is moving in the right direction and for 2017 the company should report a decent level of profitability. Its cash balance is also attractive.

Cash is king
At the end of the first half of 2016, the company reported cash and cash equivalents of $29.1m giving a solid cash balance if things don’t go to plan. Management has been active in returning some of this to shareholders. At the end of September, returned £13m via a tender offer. Alongside the offer, the company announced a private subscription to issue China-based Goldstein capital with 42.3m shares for a consideration of £5.5m, overall a net benefit to investors.

The bottom line
So, could Minds double by the end of the year? As with all small caps, it’s difficult to predict where it will be in the years ahead.

However, Minds looks as if it’s on track to report a healthy profit this year. Assuming the company does not have any unforeseen issues, there’s no reason why the shares cannot rise substantially from current levels in the months ahead.

Small-cap bargain?
If Minds + Machines is not for you but you're still looking for growth opportunities, the Motley Fool's top analysts have recently uncovered this hidden gem, which they've labelled one of the market's "top small-caps".

Our analysts believe that this company's potential upside could be as great as 50%.

To uncover this opportunity, all you have to do is download the Fool's no-obligation, free top small-cap report today.

hotaimstocks
11/4/2017
20:49
all good .. patience needed & share price is creaping up at long last .. numbers improving on most of our other names , maybe a 0.025p divi soon
jackson83
11/4/2017
20:33
Could this growth stock double by the end of the year?
Fool.co.uk
By Rupert Hargreaves | Fool.co.uk – 9 hours ago

Share
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Companies:

SHS

RELATED QUOTES
Symbol Price Change
MMX.L 10.25 +0.50

Investing in the FTSE 100

Shares in Minds + Machines (LSE: MMX) have been on a roller coaster ride over the past 12 months. After hitting a high of 12.75p during September of last year, the shares fell to 8.7p during January. But since the end of March, the shares have rallied, adding 12.7% to 10p. These gains have come off the back of a positive trading update from the firm in which management informed the market that 2016's positive trading had continued into 2017.

Minds provides internet domain names, which is a highly lucrative business. For the first half of 2016, the company reported a gross profit margin of 86% on billings of $8.1m, up 300% year-on-year. Margins have been significantly improved by management's decision to move to a lean pureplay registry business, able to operate incisively across three time-zones. Operating costs fell 27% year-on-year for the first half of 2016 and are expected to fall further in 2017. Management is targeting an operating cost base of $6m for 2017, down from an annualised $7.2m based on first half 2016 figures.

Set for further gains?

Looking at the figures, it would appear that shares in Minds are set for further gains throughout 2017. For the first half of 2016, the company actually reported a small pre-tax profit of $0.1m, and trading continued to gain traction during the second half.

Indeed, at the end of January, the company indicated that total billings of $15.8m were achieved for 2016, compared to $7.9m for 2015. The trading update also revealed that operating costs are now below management's targeted level of $6m. Initial figures put operating expenditures at $6.8m, including $1m of non-recurring restructuring costs. After stripping out this one-off cost, the operating expense run rate declined to $5.8m.

Moving in the right direction

Topline figures show Minds is moving in the right direction and a further analysis of the figures supports this conclusion.

At the end of 2016 the company had just over 800,000 domains under management, and renewal billings for the year increased by 116% to $3.8m, providing a valuable source of recurring revenue for the firm. Management is targeting sales of 1m of its .vip domain names by the end of this year, up by more than a quarter since the end of 2016.

It is clear that Minds is moving in the right direction and for 2017 the company should report a decent level of profitability. Its cash balance is also attractive.

Cash is king

At the end of the first half of 2016, the company reported cash and cash equivalents of $29.1m giving a solid cash balance if things don't go to plan. Management has been active in returning some of this to shareholders. At the end of September, returned £13m via a tender offer. Alongside the offer, the company announced a private subscription to issue China-based Goldstein capital with 42.3m shares for a consideration of £5.5m, overall a net benefit to investors.

The bottom line

So, could Minds double by the end of the year? As with all small caps, it's difficult to predict where it will be in the years ahead.

However, Minds looks as if it's on track to report a healthy profit this year. Assuming the company does not have any unforeseen issues, there's no reason why the shares cannot rise substantially from current levels in the months ahead.

Small-cap bargain?

If Minds + Machines is not for you but you're still looking for growth opportunities, the Motley Fool's top analysts have recently uncovered this hidden gem, which they've labelled one of the market's "top small-caps".

Our analysts believe that this company's potential upside could be as great as 50%.

To uncover this opportunity, all you have to do is download the Fool's no-obligation, free top small-cap report today.

Rupert Hargreaves has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

la forge
11/4/2017
19:45
thing is we have got VIP...so why do people keep saying it?? It's about the whole portfolio, some will always do better than others but they all contribute.
The big picture is that they are generating ongoing profits and I fully expect divis to follow and there is still PLENTY to come with new launches...premium name auctions in China ...new names allowed in China..millions in the bank so no cashcall etc etc...what's not to like??

hjb1
11/4/2017
19:19
hjb1 on a serious note without VIP we all would be screwed !! i still have to get to 11.25p to breakeven ? and thats with all the stress of me averaging down last year and this year .. some lucky investors have average prices around 5p and some perhaps 18p .would be lovely to see 25p this year and China could well be the missing link.. a small divi could be on the cards
jackson83
11/4/2017
19:13
what is the 'profit expectation' anyway?? and forget the 1p divi...that is way too much at this stage!!
hjb1
11/4/2017
19:00
Jackson, you might well be right, but it will take a lot more than approx 14p to do it..Hony paid 13p so they won't be happy with a 1p gain will they?
hjb1
11/4/2017
18:55
Fitbug..ha ha! WTF!! ARE YOU SERIOUS!!?? It will bomb straight back down in the next couple of days..£70k renewal..WOW!! didn't they lose over £3.5 million...so a puny £70k won't help much will it??
hjb1
11/4/2017
18:40
i topped up as i think MMX will be bought out this year for 100 million ..
jackson83
11/4/2017
15:24
very good news from Motley,...'SMALL CAP BARGAIN'
hjb1
11/4/2017
04:46
simonsaid1 , hjb1 ftangftang & son of sundaysum ,with great regret i am closing my advfn account as it would appear i actually need some help! it takes a brave man to admit i do need help and i will ... thank you for your kind help all ... THE END
transhoneyqueens
11/4/2017
04:24
Home::Regulatory News (RNS)::Private Auction UpdateBookmark this page
Regulatory News

Private Auction Update
Fri, 11th Apr 2014 07:00

RNS Number : 5941E
Minds + Machines Group Limited
11 April 2014

?



For immediate release

11 April 2014



Minds + Machines Group Limited

("MMX", the "Company" or "Group")



Private Auction Update



The Directors of Minds + Machines Group Limited (AIM: MMX) are pleased to announce that on 22 April 2014 the Company will be participating in a minimum of three� top-level domain ("TLD") private auctions. The auctions are being held in agreement with all contending parties for each TLD and will be conducted by Applicant Auction, Inc.



TLDs the Company will definitely be bidding for in this round are .garden, .property, and .yoga. The Company expects the format and rules for each of these TLD auctions to broadly follow earlier private auctions administered by Applicant Auction in which the Company has participated with an ascending-floor format applying. In line with the private auction format, the winning bid for a TLD will be divided evenly, net of the auctioneer's commission, amongst the losing bidders for a given TLD.



Fred Krueger, Executive Chairman of Minds + Machines Group, said:



"We continue to view private auctions as the most efficient and cost-effective method for deciding who should be awarded a TLD with multiple applicants.� We are likewise pleased to see an increasing number of applicants wishing to participate in the private auction process."



The Company anticipates the private auction round to last up to five days. The Company will update the market on the results of this auction round after all relevant private auction and ICANN procedures have been satisfied.



�Furtherʏ33;Information:



Minds + Machines Group Limited

North America

Antony�Van Couvering�5533;��;��5533;��;��5533;��;��5533;��;��5533;��;�� ��A533;����A533;��� Tel: +1 310 452-1491



Beaumont�Cornish�Limited�(Nomad)�; ��A533;����A533;��� Tel: +44�(0)20 7628�3396

Roland Cornish / Michael�Cornish



N+1 Singer (Broker)

Matt Thomas/Shaun Dobson�ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;� Tel: +44 (0)20 7496 3000



gth media�relations

Toby Hall/Suzanne Johnson Walsh��;��5533;��;��5533;��;��5533;��;��5533;� Tel: +44(0)20 7822 7493/92



For further information, please go to www.mindsandmachines.com/investors



About�Minds + Machines Group Limited

Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'new gTLD program'. The Company is one of the leading applicants for new gTLDs under this programme.



About�Minds�+�Machines' Registry and Registrar operations

Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on Minds + Machines'�registry and registrar�operations can be found at�www.mm-registry.com and www.mindsandmachines.com�respectively.�



ENDS

jackson83
11/4/2017
04:22
.Regulatory News

Change of Name to Minds + Machines Group Limited
Fri, 21st Mar 2014 07:00

RNS Number : 8305C
Minds + Machines Group Limited
21 March 2014

?



For immediate release

21 March 2014



Top Level Domain Holdings Limited

("TLDH", the "Company" or "Group")



Change of name to Minds + Machines Group Limited



Further to the announcement of 19 March, the Board is pleased to announce that the Company will commence trading under its new name, Minds + Machines Group Limited, today. From today, the Company's shares will trade under ISIN VGG614091012 with the EPIC ticker symbol, MMX.



Fred Krueger, Chairman of the Group, commented:

"We are delighted to be now fully grouped under the banner of our operating businesses, Minds + Machines. It not only reflects the Board's confidence in the prospects of our registry and registrar operations but will create a more unified identity for the Group - particularly with our global network of partners, stakeholders and customers as we move towards the imminent first launches of our wholly-owned new top-level domains."



The Company's investor website can now be viewed at www.mindsandmachines.com/investors.



Further�Information:

Top Level�Domain�Holdings Limited

North America

Antony�Van Couvering�5533;��;��5533;��;��5533;��;��5533;��;��5533;��;�� ��A533;����A533;��� Tel:+1 310 452-1491



Beaumont�Cornish�Limited�(Nomad)�; ��A533;����A533;��� Tel:+44�(0)20 7628�3396

Roland Cornish / Michael�Cornish



N+1 Singer (Broker)

Matt Thomas/Shaun Dobson�ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;����ᦙ3;� Tel:+44 (0)20 7496 3000



gth media�relations

Toby Hall/Suzanne Johnson Walsh��;��5533;��;��5533;��;��5533;��;��5533;� Tel: +44(0)20 7822 7493/92



About�Minds + Machines Group Limited

Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'new gTLD program'. The Company is one of the leading applicants for new gTLDs under this programme.



About�Minds�+�Machines' Registry and Registrar operations

Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on all of Minds + Machines operations can be found at www.mindsandmachines.com�

jackson83
11/4/2017
04:01
British bulls.com are SAYING STAY LONG IN MMX ... COULD EXPLAIN THE BUYING AND PRICE MOVEMENT 10/04/2007
transhoneyqueens
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