Minds + Machines Share Discussion Threads

[transhoneyqueens] 04/5/2020 14:22

20p takeover target I'm also told

[transhoneyqueens] 04/5/2020 14:10

I've bought back in as expect north of 8p on BIG Acquisition news later this week / next

[jamesto2] 04/5/2020 14:07

sea of BLUE BUYS

[jamesto2] 04/5/2020 14:00

hard to buy volume now.

[hotaimstocks] 04/5/2020 13:52

time to load up folks! booooom time ..turned blue is a clue ladies

[hotaimstocks] 04/5/2020 13:50

news on our next acquisition could land later in the week .... STRONG BUY

[jamesto2] 04/5/2020 11:18

could this drop to 5p again ????

[jamesto2] 04/5/2020 11:10

6P HOLDING UP WELL SO FAR ..
buy the dips and sell the spikes as this is MMX.CON its long term investors

[transhoneyqueens] 04/5/2020 11:01

I can't get a quote to dump 400k ????? BUYERS where are you.... I'm calling the bottom

[hotaimstocks] 04/5/2020 10:57

been offered 6p to sell 20k and only offered 5.89001p for 100k ... place your bets lads ... hopefully in 2 years we will look back and say I'm glad I bought or sold.

[transhoneyqueens] 04/5/2020 10:09

maybe some news before September would help or is that to much to ask for from MMX.

[jamesto2] 04/5/2020 09:53

unfortunately anymore sells and this will dip below 6p on the bid ... URGENT BUYERS now needed for this unloved stock

[cwa1] 04/5/2020 07:46

Couple of interesting announcements this morning:-



and

[jackson83] 03/5/2020 11:33

5 year target 40p

[jamesto2] 03/5/2020 10:07

lets hope we see 20p again then

[hotaimstocks] 03/5/2020 09:54

this was above 13.75p in 2017 & anyone buying in next week could see 100% profit when MMX are bought out.

[hotaimstocks] 03/5/2020 08:45

lets hope people buy into this next week as takeover news could take it above 12p we hope.

[transhoneyqueens] 03/5/2020 07:34

this could hit 10p on Monday or 5p / 6p ??? its a real gamble I guess

[jamesto2] 02/5/2020 10:03

the stock market crash is on its way folks! time to stay in cash

[jamesto2] 01/5/2020 18:06

WOW so maybe another chance to top up in the 5p's or 4p's

[jackson83] 01/5/2020 18:03

RE: SJL has left the building Part1Today
Part 2:

I have no further ties with the company but Toby and Michael are both competent and have steered the company away from the rocks into safer waters. I have found Guy Elliot and Henry Turcan to both be very insightful and have a lot of confidence in them.

It was a calculated gamble for the ICM vendors to take the stock element with MMX vs a straight cash deal as offered elsewhere and we did so on the basis that we thought management could turn the business around within a couple of years and sell for a premium.

I think it’s fair to say management delivered on the former and Covid-19 took away the chance of the latter any time soon.

I will still be looking in on the Board and more than happy to answer any and all questions relating to the company and/or the sector.

Sincerely, All my best to each and all of you.. Keep well and safe…. SJL

[jackson83] 01/5/2020 18:02

SJL has left the building Part1
All,
You will see from the share trades and TR-1 I sent in a moment ago that I am ALL out of MMX now.
I wanted to post here some words to explain the rationale behind my decision to sell and also my thoughts on the company and the sector for what they may be worth now.
Firstly, I would like to state categorically that the decision to sell was formulated and executed over just a few days this week and that I am truly pleased that I was able in short order to execute unplanned sales via the open market, I’m sure channeled by FinnCap for 10% of the companies issued stock at effectively the regular, published bid price. That level of liquidity should give everyone comfort.
I may have mentioned in one of my prev posts here earlier this year, that having merged my private Age Verification business into an FCA regulated business I had also been forecasting a major price correction in the general public markets for some time and viewed them as overheated and pulled some $50 million USD out of stocks in the December/January period straddling the end of the US tax year. I announced that MMX was my only remaining public holding and I was continuing to hold them in expectation of good FY 2019 figures and announcements and a suitable uplift in share price at results time to hopefully be followed by a premium exit in 2020 to one of the several candidates discussed here ad nauseum.
The share price rose to some 8.4p late Feb early march in anticipation and then just got washed away down to 5p in the meltdown before stabilizing back a just over 6p.
I fully expect the wider market to take a substantial fall again from its current levels as I don’t think the wider index levels are justified from prospective earnings, both US and UK. IMHO, as has been shown already MMX will most likely suffer with a commensurate fall should the wider market fall.
I think we will be in a longer period of suppressed valuations and quite a long recovery period, especially for those companies waiting for a premium exit.
I just simply decided on Wednesday to take my cards off the table at 6p and add another $7MM to my cash reserves. Nothing has changed with MMX and its trading prospects to my knowledge and I believe it to be a solid, relatively recession proof business with low cost renewable recurring revenues that will likely continue.
I just no longer feel that there is a likelihood of a premium exit in 2020 given all that has happened these last 6-7 weeks and its effect on the wider global economy. I would sooner be in cash right now and as of today I no longer hold a single publicly traded stock. When I decided to liquidate my portfolio 3-5 months ago, I made an exception to keep MMX as I felt it had very unique strong short term (within a year) appreciation prospects via an exit. Through no fault of its own I no longer feel that is likely.
I have largely enjoyed contributing to this board and I must say that, on the whole, have enjoyed dealing with MMX management.

[jamesto2] 01/5/2020 17:17

I'm looking forward to my 0.15p divi in September & SJL has done us up like kippers lol

[treble in 1999] 01/5/2020 12:08

Toby, Turcan and Lombard will want 15p.
£125m
£50 per name
that is below the going rate of $100-150.