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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Musicmagpie Plc | MMAG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.15 | 1.72% | 8.85 | 08:00:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.95 | 8.85 | 8.95 | 8.70 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Top Posts |
|---|
Posted at 02/10/2024 10:38 by ny boy You feel for all the investors that got sucked in much higher up 20’s, 30’s 40’s etc, the offer will only benefit a few gamblers that bought in at recent lows, the rest will end up with slightly less losses assuming the deal goes through.Let’s not forget those that got seduced by a ridiculous business model and paid around 200p at the float, not that many years ago |
Posted at 06/12/2023 20:53 by darrin1471 Anybody owning MMAG on the basis of MMAG growing a rented phone business should take a couple of hours to listen to the investor relations videos. MMAG do not intend growing the rental mobile phone business.I hold no position long or short in MMAG |
Posted at 20/11/2023 15:25 by mortal1ty When this business was IPO'd, it was forecast that in 2024, the business would be making £180m in sales, and £15.6m EBITDA, with £2.9m debt. That is what that £200m valuation was predicated on and investors bought into.In their last interims they had £70m sales, £2.8m EBITDA, and have racked up £14m in net-debt.... so... I think we can all agree that £200m was build on some seriously hopeless forecasts. |
Posted at 14/11/2023 08:51 by john09 Hi allNew thread for sharewatchers. General chat about SCSW followed stocks so investors can discuss 2024 etc. No sharing of subscriber only information |
Posted at 10/7/2023 09:41 by flc Investor presentation this Friday should be interesting. Things appear to be going well in the States and as the half year report mentions...financial |
Posted at 05/6/2023 15:49 by ny boy So many AIM listings have been exposed in markets of rising rates and for longer, nearly 90% wiped off the listing share price Doesn’t mean it’s a buy, maybe once the FED pivots in Q4 and some investors start looking for more riskier assets, no need to at present as 2yr US treasuries are yielding 4.5% approx just to park cash with zero risk. Stock markets treading water, economies slowing, credit crunch underway, makes it extremely difficult and expensive for minnows to borrow cash. |
Posted at 23/5/2023 14:10 by ny boy Market investors don’t like.not an investment for me, too many troubles and bumps ahead for the U.K. market. Dyor as usual |
Posted at 04/1/2023 11:59 by hazl A global investor has built up a sizeable stake in musicMagpie to become one of its largest shareholders.Over three separate moves over the last week, Schroders has increased its holdings in the Stockport-headquarte The move makes it the second largest single investor in the company, behind Northern Entities - shareholdings of funds managed or advised by NVM Private Equity LLP and Mercia Fund Management Limite From above link in November. |
Posted at 07/12/2022 15:49 by darrin1471 I also used to have stock on Amazon which MMAG used to under cut. But so did every other seller. MMAG were one of the first to have an automated price drop, then they would suddenly pop the price back up again.I never invested in MMAG due to the timing of the IPO. The price of used gaming consoles and games rocketed during the Covid lockdown and no doubt have been falling since. I therefore worried that at the time of the IPO that MMAG's stock was over valued. The rental business of used items looks like a good idea and MMAG are ideally set up to make it work. However this is a completely new side to the business without history and not what was sold to investors in the IPO. Do not hold but watch with interest. |
Posted at 07/12/2022 12:55 by babbler They didn't. It's clear in the rns for proper investors. It's in line with expectation. If you pay for proper broker notes you will know what expectations are. And even if you don't a little research will help you. |
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