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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Minorplanet | MPS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 6.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 6.00 |
| Top Posts |
|---|
Posted at 11/6/2010 19:43 by andre Hi mudbath.It's always nice to know that you are not talking to yourself - which to be honest I have thought I was many times over the years here. This has been a stock where few PI's have made money but previous management has made a killing in salaries etc. from a failing business which has been failing since it listed many years ago. The juxtaposition between talent and salary often displays a great chasm indeed. The end of MPS is effectively the end of tracking companies on the stock market. CYH gone private, EIT shamefully privatised by their management in a legalised scam. Now MPS died the death of 1000 cuts to the private investor. The bleed-out was long indeed. So much potential from so many companies turned into such a damp squib. The question is why? This is technology. It should be the future. The question is why did EIT, MPS, CYH et al all under-perform so greatly. Were the expectations too high? Maybe. Were the valuations too high? Definitely. Were the barriers to entry too low? Probably, in the end. But the end of tracking on the market does not indicate the end of technology or telematics itself here. It does show that in every gold rush there are crooks ready to take the unsuspecting (and fools who can easily be persuaded to part with their hard earned cash). And that bad business models even in good industries do not good businesses make. But I predict that the next phase will be those with better business models and management. Probably not vehicle tracking (although penetration of its potential remains seriously low). So watch out for telematics related companies in the future. Suppliers of shovels to the this market have done well privately as have the diversified and niche marketeers. I think the future is bright for technology, telematics and M2M (machine to machine) businesses. It's just a shame that what has transpired so far has not represented the potential or the future of these markets. Thieves, crooks and poor management saw this wave off. The next one however..... All IMHO of course. |
Posted at 31/5/2010 09:51 by encarter on the up, i can find no reference to the £8m loss avoided. The phrase 'pump and dump' is often used by posters to put off investors. This could be for a number of reason, but never out of the kindness of their heart. I saw these highlighted on another thread, it was up to me to look at the info and make a decision to invest. Some confuse pump and dump with buying and then selling for a quick profit, as i expect to do. At £500k they are priced to go bust, but the latest info states that they have at least another 6 months at which time it looks possible that they will be taken over. 12p a share seems a reasonable price imho. |
Posted at 28/5/2010 20:20 by on the up Andre #1049:....then a raft of new 'opinion'. "It stinks of pump and dump". Having looked at the last three months' posts (barely anything) I am classed as someone with an opinion I guess. Let me assure you that I am nothing to do with P&D. Have a look around a little more if you want. I only asked a question hoping that someone was around these parts. I said I'd done (so far) minimal DD - why? Cos I'd seen this on the Top Thirty board beginning to move, looked at the results and spotted that particular statement. So, any takers on the £8m loss avoided? I only have to see the header above - BIG recovery play - and the date.....2006....... I just asked the original question having at least found the time to see MPS moving, ask myself the question why it's moving and then find a simple question to ask here in the first place. So, anyone have any ideas? Has the £8m avoidance been RNS'd - and perhaps more importantly was the doubt over it RNS'd in the first place?? As to reversing in by Digicore & potential listing benefits: It probably costs £600k to get a listing on the LSE AIM so do the math. And did someone mention 12p a share? And 30% (not 29.99%). All good stuff. Please don't put genuine guys and gals off who may be visiting for the first time ;-> Cheers all, OTU |
Posted at 28/5/2010 16:00 by andre Almost no posters for many weeks then a raft of new 'opinion'. It stinks of pump and dump. The slightest bit of research will show anyone the real state this company is in. A dinosaur in a flooded market with no advantages over hundreds of rivals - except the gullibility of small investors. Good luck to any new gamblers. You are going to need it IMHO. I have been monitoring this stock for almost 10 years, regularly. It has been a triumphant example of how fear and greed can be managed to create revenue for rapid cash burn. And the small investor has lost every single time including during large share dilutions. Again IMHO, of course.You don't have to be certifiable to invest in this - but it will certainly help. IMHO. |
Posted at 27/5/2010 14:15 by encarter Not much stock around at all so a bit of good news and they could easily double. Clily454 can you repost that bit of research as a few new investors are arriving. |
Posted at 25/9/2009 21:40 by tom306 "I feel that although many people have lost on this one, including myself that the tide is changing and changing fast and we will see the benefits of this for MPS..."You and most of MPS's shareholders over a number of years. And yes that includes me. I thought like many others that it had to get better. It didn't and I lost out. Any sensible analysis of their balance sheet shows they are still a basket case. Those who believe that penny shares can only grow in value usually lose their money. I remember many investors thinking that when the old management team cut loose the (almost terminal) US investment. When they thought the US legal actions had been settled too many rushed in. The recent consolidation shows just how wrong they were. Today's investors may not be wrong but history and MPS's poor public reputation is against them. Invest at your peril. |
Posted at 25/9/2009 18:26 by yump Oh dear, I kept a smattering of these from 2000 and had forgotton about them.I remember thinking that if they ever got pushed on a BB, that was the time to sell out to cash again... Are there so few stocks worth buying that stuff like MPS gets dragged out. They should go see the Dragons online, that would be fun. "So exactly how much investors money have you p....d up the wall ?" "...and you're asking for how much ?" They'd all need commodes, there wouldn't be any time to get to the toilet. |
Posted at 19/9/2009 20:20 by andre Just to correct you cliley454, MPS have done little other than raise and spend shareholders money for many years. Almost NEVER posting a profit since the mid-nineties. They have gone through more reinventions than Dr. Who and still are asking private investors for money in what is now a totally crowded market. Had these funds not been available time and again then they would have gone under many years ago.The threat of administration is still there. They lost £2.5M in their last posted results yet just raised £1.45M BEFORE EXPENSES!!! Less than 1M shares were taken up in the open offer. 6M were available but not issued. They still have major credit issues (with lenders essentially closing their books to tracking companies) and not enough to self-finance the loans. The whole market is changing and they appear to be a rabbit hypnotised by the headlights IMHO. CYH might also pay their directors too much in many peoples opinion. But the comparison stops there. |
Posted at 13/9/2009 21:43 by roofer2 MPS have not been honest enough with them selfs never mind investorsThey ignored advice to close down Germany an sell off Ozz years ago, only Now there in trouble do they act. Once Ozz has been sold and Germany ect been settled can mps start to move Forward with what's left being there strongest assets to build upon. IMO all Depends on what they get for Ozz to help rebuild with ( on blackburry not p/c ) |
Posted at 21/4/2009 15:51 by pachnes So gents, where are MPS going? Rights issue or trade sale? Something must give before they run out of cash - and that's what, three months 'ish away. Or will interested parties wait for admin - if indeed there are any interested parties? Would the main investors back the current management team again - they've been at it for over five years now? What is MPS worth at trade sale? Is it still worth 40p given it's now loss making or are we now looking at its net asset value? |
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