Musicmagpie Share Discussion Threads

[blackhorse23] 19/6/2023 10:51

bad results & wired trading update, failed to give number how much was loss ?? Probably big loss if EBITDA only 2m

[paulscb] 19/6/2023 08:34

They will use up the 30m facility by end of the year, with reducing revenue. No wonder the price is down here.

[weaverbeever] 19/6/2023 08:14

Is the debt due to buying stock for the rental business. Rather than selling these phones and receiving the cost and profit back when sold. They now recover the capital over the term of the rental agreement. 39k of rental agreements is pretty good. And growing. And targeting higher credit worthy customers.

[mortal1ty] 19/6/2023 07:40

No its doubled since November.

I think the results are horrid. Sales down, even though spent a huge amount on capex.

Plus the balance sheet is now a concern. 13m debt. That's already 2x Ebitda and going in the wrong direction.

[paulscb] 19/6/2023 07:31

Debt doubled in 7 month?

[billthebank] 14/6/2023 16:24

Quiet here!!!!

[volsung] 09/6/2023 09:43

One would have surmised that the price of this share would have risen given the lowly RSI
This has turned out not to be the case.
I have instructed my broker to sell said entities
Am awaiting earnestly news of my groundsman, Jacob, who apprehended a poacher on the estate yesterday.
One hopes that the network of oiks who infest our neighbouring village have not sabotaged his car

[kirk 6] 07/6/2023 10:06

Might break 20p at this rate

[kirk 6] 07/6/2023 09:03

Here comes the massive bounce

[kirk 6] 07/6/2023 07:56

Time for a big recovery

[cyberbub] 06/6/2023 23:08

JohnJames account registered 3 days ago... he'd better hope no-one can trace him (probably used a burner email account - ADVFN don't give a stuff) - if they can then he could be in serious trouble posting a blatant lie about being offered a placing at a 50% discount as fact - or indeed in the very unlikely event that it's true, posting inside information. Stock market manipulation can end up with significant jail time.

[blackhorse23] 06/6/2023 22:40

Company needs financing , no question about it , loss every year

[blackhorse23] 06/6/2023 22:38

Placing is coming in here any day ?? Switched to Harl

[kirk 6] 06/6/2023 16:21

Ok sound looks like this is going to rally hard now

[mohamnx18] 06/6/2023 15:40

Yeah that post was aimed at johnjames. MMAG has TU due next week now so hopefully should see it rise up now

[mohamnx18] 06/6/2023 15:27

Stop spreading false information about placing.

[kirk 6] 06/6/2023 15:21

Who by ? Management ? Is that why the mms are not letting this move higher

[johnjames876] 06/6/2023 15:01

Been offered a placing at 7p

[kirk 6] 06/6/2023 13:07

Bought back in here. Excellent service and massively oversold stock.

[flc] 06/6/2023 09:46

I believe the kiosk campaign they're running through the Asda network is going well.

[fgump] 06/6/2023 09:13

Completely agree. I bought in around 10p and sold out around 30p. Can't believe this is getting back to my original buy in price. Management are doing all the right things.Just sitting waiting for the trading update which will hopefully confirm my thoughts so I can buy in again.