Minds + Machines Share Discussion Threads

[waterloo01] 10/5/2018 08:28

Chimers is one of a few posters that are on permanent filter. Topped up again today. Once the dust settles this is a decent business.

[treble in 1999] 10/5/2018 08:26

I don't like the damage to the planet. I don't go to oil companies boards and trash them, try and devalue pension funds, slag the businesses off etc. My choice, I can either accept oil or not. I can either accept the domains industry or not.

[chimers] 10/5/2018 08:19

Shareholders also have the opportunity to sell if they dont like the porn biz and everything it stands for.
Each to their own eh!!! its "their choice"

[treble in 1999] 10/5/2018 08:15

Chimers mate, calm down. If your intention is to ruin shareholders value, I presume your out. However some of us here have not sold but seen our value drop 25%.you're obviously happy with that.
shareholders have the opportunity to say yes or no, it's their choice.

[chimers] 10/5/2018 08:10

Hey.............ITS GONNA GET A LOT WORSE!!

[chimers] 10/5/2018 07:54

If this deal is not halted then this will sink fast.
It's made itself completely uninvestable.

[chimers] 10/5/2018 07:52

Unfortunately for you FUND MANAGERS have a duty of care to their investors and will be dumping this faster than a curry in the norovirus ward.

[chimers] 10/5/2018 07:51

Well you would we know that!!

[chimers] 10/5/2018 07:46

What was the name of that American investment bank who brokered this deal again?
Just so we can put them on a list of some sort...........

[chimers] 10/5/2018 07:45

The instis invested here might well put a HALT to this disgusting deal.

[chimers] 10/5/2018 07:44

BREAKING NEWS.............
Jonathan King interested in 'boys.xxx'@$35k

[504 bad gateway] 10/5/2018 07:31

it's worth watching yesterdays interview with Toby Hall.

proactiveinvestors.co.uk/companies/stocktube/9247/icm-registry-acquisition-a-major-step-forward-for-minds-machines

[chimers] 10/5/2018 07:26

What would an internet site with the domain name boys.xxx be about I wonder?

Advice on how to climb trees?
Or how to find worms for fishing?
Or how to build a model of a spitfire?

I just cant for the life of me see how there would be any money in that?

Hey Toby ..........help us out here ...what would boys.xxx be used for and why do you see so much value in owning this domain name?

Is it perhaps for a site where young boys can meet and chat about lego and transformers?

I'm really curious Toby can you help ?

[chimers] 10/5/2018 07:25

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

[504 bad gateway] 10/5/2018 07:22

If you haven't seen it,
it's definitely worth watching yesterdays interview with Toby Hall.

proactiveinvestors.co.uk/companies/stocktube/9247/icm-registry-acquisition-a-major-step-forward-for-minds-machines