Mkm Group Share Discussion Threads

[deanroberthunt] 03/4/2008 09:54

nice to see the Directors down a shed load on their BIG purchases at 6.25p....the total lack of stockmarket workings acumen beggars belief...

[deanroberthunt] 03/4/2008 09:22

another AIM success, following the standard rule book.

1. IPO
2. Issue profit warning 1
3. Issue profit warning 2
4. Issue more shares at lower prices
5. Issue profit warning 3
6. Issue yet more shares at even lower prices
7. Look for the bin
8. Enter the bin

rgs

[moob] 03/4/2008 08:40

anyone have info on the £600k deferred payment which i believe is due ???

[mudbath] 16/3/2008 11:22

Re->622->Flomerics(FLO)now 53pence.VERY strong upward movement due.See thread if interested.

[dasv] 05/2/2008 17:32

mudbath - I will give FLO due consideration. I have made good profits on AU., WEIR, CEY, STAN, XTA, DGO by buying strongly on the tuesday after black monday and closing yesterday and today. In other words, there are plenty of funds at the bank of dasv with nowhere to go at the moment.

[felix99] 05/2/2008 12:57

Hugo :-) right on the money . Oh dear its all gone horribly wrong. Was ruing selling at 10p when it spiked to 14p or whatever but hey lets leave some loss for the next man /woman lol

[mudbath] 05/2/2008 12:36

dasv-Pleased to help.Not ramping---but if you want a look at the other side of the coin----then Flomerics at 46pence are a gift(with target of £2-3 in 12/24months),whilst Thorium Power(U.S.over the counter THPW)at 35cents is the most exciting play on WORLD stockmarkets.(I.M.O.)

[dasv] 05/2/2008 09:46

mudbath - I am indebted to you for drawing my attention to the dilution issue in the December statement and from confirming your figures with my own analysis, exited my position at a small loss. This loss would have been far more significant had I held. Many thanks.

[hugo1815] 05/2/2008 09:21

not sure he quit, more like pushed!

[smashingguy] 05/2/2008 09:01

Profit warning. And a £600k deferred payment to be made, trading downturn, loss of contract, director quits.

How much cash is left?

[mudbath] 01/2/2008 21:59

Looking at the present level of pending dilution (shares at 6 pence)it would seem that 3.5pence could be the post dilution level.I would still therefore consider selling-if I were a holder.

[hugo1815] 29/1/2008 12:10

thats what i needed to know though, im happy to trade if the price is better , but how are you so sure?

[dasv] 29/1/2008 12:07

Their redesigned site sucks though.

[8trader] 29/1/2008 11:54

I cant believe punters still squabble over a fiver commission when
it comes to share trading, selftrade usually always has the best price
and so what if they cost £2.50/£5 more they will save you £50 on the
deal by getting a much better price.

[hugo1815] 29/1/2008 11:52

bloody expensive trades though! barclays much cheaper? no?

[8trader] 29/1/2008 11:30

Switch to selftrade then, you can buy plenty with them at 6p.

[hugo1815] 29/1/2008 11:15

i cant even buy online. why not? any amounts? surely that puts off potential investors, do you think mkm management even know this??

[8trader] 29/1/2008 10:42

Very good call mudbath.

So what now at 6p ?

As normal with most bombed out penny stocks there is a overhang.

Cant sell 10k online but can buy 100k at 6p mid price.

[mudbath] 20/12/2007 12:11

Dont want to alarm holders but, in line with my last post,the potential dilution ,resulting from the negotiated deferred consideration ,is becoming value threating.The trouble is ,the S.P. could be manipulated with a view to wiping out even more remaining shareholder value.If I held,I would consider selling.

[mudbath] 29/11/2007 20:24

As mentioned before, MKM is the ultimate "Catch 22",as regards the deferred £5.12million.Already,the number of shares necessary to satisfy this consideration has risen from the 39million quoted by deanroberhunt to over 57million,leading-at todays 9pence price to a severe dilution-making the shares now relatively less attractive-and likely to lead to further price falls etc.etc.In my view the stock market in general looks vunerable to a severe downturn,from which it is improbable that the MKM share price would emerge unscathed,leading to ever more potential for value sapping "new shares"having to be issued for the deferrment to be satisfied.

[deanroberthunt] 13/11/2007 21:00

interims in a month, so should have a better view going forward then..last year they we're on 20/12.

[deanroberthunt] 15/10/2007 12:03

yes PEGs a better guide, and with a PEG of less than 0.2 even in my "absolute worse case scenario (baring no spanners!)", then this is ver cheap....a PEG of less tan 1.0 is attractive in most instances, although shouldn't be ones sole source for investing.

[dasv] 12/10/2007 21:36

Even a PE of 9.7 means that a PEG of 0.1 (EPS growth of 69%) makes these great value at these prices. I think for a growth stock this is priced very cheaply. The acquisition route (provided they don't expand too quickly) will ensure the EPS growth. Also happy to hold.

[deanroberthunt] 12/10/2007 20:24

lets do some maths;

currently 73m shares in issues, lets add the 2.67m for recent acquisiton, makes 76m (rounded up)....we still have £5m + £0.12m deferred, so lets assume that these are satisfied with shares at todays share price (5.12m/0.13 = 39m shares issued)...i'm taking the worst case here guys, stay wih me...

so now we have 76m + 39m = 115m shares in issue....using forecast figures in post 604, this gives the following pe's;

2007: 9.7
2008: 8.2

I expect the company to beat these targets, especially 2008, and remember I'm using the full dilution as of now.....anyone want to argue how cheap this company is....remember as share price rises less shares will be required to satisfy outstanding payments or they may pay some with cash, depends on cashflow, this won't be 13p for too long imo.

happy to hold.