ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MIRI Mirriad Advertising Plc

0.675
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mirriad Advertising Plc LSE:MIRI London Ordinary Share GB00BF52QY14 ORD GBP0.00001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.675 1,893,800 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.65 0.70 0.675 0.675 0.675
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising Agencies 1.51M -15.1M -0.0309 -0.22 3.3M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:15:19 O 2,848 0.6671 GBX

Mirriad Advertising (MIRI) Latest News

Mirriad Advertising (MIRI) Discussions and Chat

Mirriad Advertising Forums and Chat

Date Time Title Posts
26/7/202415:44Mirriad Advertising3,727
27/8/202007:28Mirriad Investor webinar-
28/6/201923:13Is this as bad as it looks?107

Add a New Thread

Mirriad Advertising (MIRI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:15:200.672,84819.00O
2024-07-26 12:30:280.671,4369.58O
2024-07-26 12:05:040.69200,0001,382.00O
2024-07-26 11:35:200.68217,5001,483.57O
2024-07-26 09:43:080.701,42810.00O

Mirriad Advertising (MIRI) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Mirriad Advertising Daily Update
Mirriad Advertising Plc is listed in the Advertising Agencies sector of the London Stock Exchange with ticker MIRI. The last closing price for Mirriad Advertising was 0.68p.
Mirriad Advertising currently has 489,309,404 shares in issue. The market capitalisation of Mirriad Advertising is £3,278,373.
Mirriad Advertising has a price to earnings ratio (PE ratio) of -0.22.
This morning MIRI shares opened at 0.68p
Posted at 08/7/2024 20:57 by tigerbythetail
There is literally no business here.
It's just a money pit, and the CEO is grabbing all he can whilst he still can.
It only stops when PIs stop lining up to be financially slaughtered by raise after raise at lower and lower share prices.
Posted at 02/7/2024 15:15 by tigerbythetail
There might be a few low value niche markets available to MIRI where the legal position is not so horrendous. Music videos for non-famous acts, for instance - most record companies would put up with most anything to get a new band exposure.

But certainly not the high value stuff like live sports and filmed entertainment.
To be honest, MIRI simply MUST know that you can't just drop adverts into other people's work wherever you see a blank bit of wall. I work in this field, and I can tell you that objections I've raised here would occur to anybody who did.

AIM, eh?
Posted at 26/6/2024 15:57 by tickboo
They could have rolled it out and revise forecasts and uptick revenues this year and next so no raise needed in H1 and I suspect the share price will properly rerate. That said, I suspect it will be more jam tomorrow. Programmatic delayed full role out until end of the year and a painful raise Q1 next year. The partnerships and nee beans will have those underwater ramping for their exit.Stephan will be laughing on his 500k a year and will still have more credibility than a clown telling people on here to buy at 2.5p before stock ran out. That is you LOTM.
Posted at 17/6/2024 09:00 by tickboo
It is a concern most of the buy volume has been from LOTM over the last couple of weeks. At least he is propping up the share price.
Posted at 13/5/2024 19:20 by tickboo
Surely you are not selling the co again. Remember when you advised people to buy at nearly double the share price. Come on man the increase in partners has NOT meant an increase in total revenues. I am sure programmatic will change this but my bet is that comes in significantly H2 next year (H1 always much slower).
Posted at 12/5/2024 12:09 by last of the mohicans
Hi kaos3,

Thanks for you comments.

I most certainly didn't know what was coming, my worst case scenario was a £5M raise.

If I had known what was coming I wouldn't have bought 1.325M shares at an average price of around 2.10p I haven't sold a single share to date.

And I most certainly wouldn't have shared all the research I'd done with others on other share's BB's to end up damaging my own reputation because of it that's for sure.

I could have held off buying & sharing until after the event, if I'd thought it was going to be that big & anything like that price.

Why did I move fast at the end, because I believed Upfronts24 was going to be the big reveal, the gamer changer moment that would draw USA investors to the company with the mention of AI & them finding out that Mirriad had 40% of the market & another 15%+ provider in negotiation.

My research then showed Upfronts24 was week commencing 13th May & one of the possible reveals (company we're signed up with) is on 14th May. So if Mirriad name came out then, then the share price would climb considerably (in my view).

That left just 12 days max to get everyone fully positioned & I had targeted my research at "long term " holders meaning the free float by Upfront24 would be much smaller than it had been, so any movement would be bigger.

That would give the company a good platform to do the £5M max raise on ( & I was only 85%) convinced a raise was needed soon - because we had no data to go on (31st March cash balance or Q1 sales revenue) which we now know would have shown revenue wasn't increasing as fast as might have been expected (& NO I wasn't expecting huge numbers but a definite upward curve - probably £1M for Q1 was my sort of figure, but given that £2.8M I'm guessing the actual one will be lucky to be £0.5M).

The higher share price would have meant a lot less dilution all round if it was a share placing rather than another form of finance.

--------------------

I wouldn't say they are being nice, the exact opposite.

I'm not going to reveal all the avenues I'm exploring but you are on the right tracks with some of them.

LOTM
Posted at 07/5/2024 14:24 by last of the mohicans
Dear Board Member,

I am currently a shareholder in the company with a shareholding of over (X Shares or X%).

I find the events of the past few day's extremely disappointing to say the very least & the timing of it makes absolutely no sense at all. While I along with other existing shareholders knew the company was very likely to need additional funding to see it through to break-even on a monthly basis. Everything that has been said publicly, be it through the company blog, company LinkedIn account or LinkedIn accounts of Directors & senior executives in recent weeks, would indicate that the company's prospects are very good indeed & speeding up ....

Yet here we are receiving news that the company has undertaken a massive share placing, not only has it placed those shares at a truly horrendous discount of 43% to the then share price, it has then gone ahead & placed an additional 64M shares when it didn't need to. Resulting in further massive dilution for existing shareholders who are seeing there ownership of the company being diluted by 100% now.

Last Year's share placing of a similar size was done at a discount of just 4.8% to the mid market price.

Have you No shame or integrity ?

You want us to believe that this is the best you can achieve on our behalf.

That this is the best timing to initiate such action, when according to the company posts we are about to be unveiled by the major Content providers at the up coming Upfronts24 in less than 2 weeks time, or the "soon" to be released Microsoft Webinar wouldn't have brought much more attention to the company from investors?

That was before the said RNS made public that an additional 32% of USA content providers are now in detailed talks with the company, or the C4 & Sky contracts news. News never made public until now, yet likely to have increased investor interest in the company had it been released previously.

The company has not engaged with its shareholders in a very long time, no updated presentation since August 2023. No webinar's or Introduction to the company events or attended Investor event's, to get the Mirriad name known to Investors & new shareholders on the register.

No none of that occurred, did you even try accessing the funds required through other means ?

Instead out of the blue we see a rushed & botched share placing that you believe is the best method of funding the company through to break-even & even then you can't project which quarter of 2025 you currently expect to break-even.

The Executive Directors & the rest of the board have a lot of explaining to do & quite frankly there is now NO trust whatsoever between existing shareholders & this board of directors.

I see on public websites that a group of existing shareholders seem to be joining together to tackle this matter & unless the company comes up with some detailed explanations in the next few days to address all of there concerns. I'll have to seriously consider either joining them or voting as they do at the upcoming GM & AGM where given what's occurred every single member of the board should be putting themselves forward (no matter when they were last approved) for re-election to see if shareholders want them to remain with the company or not.

I also believe from the sites that they have recently submitted an interesting idea for funding the company instead of the one the company's proposed, I hope it is urgently being given serious consideration or something similar.

A very disgruntled Shareholder.
Posted at 29/4/2024 10:24 by last of the mohicans
Extrader,

I think kaos3, has taken offence to me suggesting to those who know my long posting history to take a look at Mirriad.

They probably seem to think I'm involved in "pump & dump" stuff of some kind.

Even although I've tried to make my own holding etc very clear to everyone & left everyone to do there own research on it, just providing them with links to things they'd want to know about.

I certainly didn't know the share price was going to do what its done so far this morning, Yes I've got my extra 100,000 lot which I had to pay extra for, but have no chance of getting a trading parcel currently.

You simply can't win with some people, you share a bit of research that someone was very kind enough to explain & help me with & there upset by it.

LOTM
Posted at 24/8/2023 12:15 by parob
Every now and then a stock with a bad history and horrendous share price decline to go with it, becomes a great turnaround story and the share price absolutely flies. Never any guarantees especially with higher risk/higher reward shares but let's hope MIRI is one such stock. IMO it's all about programmatic here and the wider market isn't aware of it yet. CEO stated they're anticipating at least one tier one deal (programmatic) this year. If the first comes soon (ie in the next couple of months) anticipation will build for the next deal.Many don't want to go anywhere near MIRI at the moment, but once one of those tier 1 partners are announced and the potential from programmatic becomes more obvious, fingers crossed the share price will take off. Not many of us are buying at the lows, but I'm happy to keep adding, be patient and see what lands over the next few months. There was a reason for Odey taking 16% at 3p. What did they see?
Posted at 24/8/2023 07:39 by kaos3
ok - conclusion after long work into the miri situation

* ad programatic exchanges are worth 300 mil plus /of suply, demand etc side/
* when the product is finished business can explode from zero to 200 mph in a month
* there is NOT ONE VPP PROGRAMATIC AD EXCHANGE YET /and rare both sides/ and miri will be the first one /monopoly for some time/
* business environment is giving a nod to the miri proposition because of

... so many agencies signed off and work for free /eg - not paid by miri/
... MS cooperates and works for free
... Stephan is a hurt lion who was BIG once and is accepted
... in 2022 2 respected ladies / industry insiders/ opted to join miri BOD. they have knowledge and intuition
... miri poached high exectutive from their competitor /amazon/

all doing it with a broke 6 mil capitalizasion co called miri

non of the above are stupid

.... miri also convinced II to give it more money after all those years from 2017 on and being almost broke. i suspect there was huge amount of tyre kicking because whoever approved to give money at this broken stage is risking some part of his career - going against reason and rules
Mirriad Advertising share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock