Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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I think they have a support zone in mind with 6p being "only an idiot wouldn 't buy here".
as for the buyback, they just think that at current sp it's not good value..because it's still ongoing.
'there is a bid for Tlds at present'. Not quite sure what you mean there?
nah! doubt it. Just quite simply can't be ars*d to let us know what's going on with our investments in the company.
Some decent % chance they're working on a deal to sell the company... it has been too quiet, particularly on the buy-back front and there is a bid for TLDs at present. Just a hunch.
I've no idea who the other poster is but it is possible more than one person has commonality in outlook.
Step outside your own head. Do yourself a favour.
and Mr Hall says they are selling 'very well'. We will soon see what his interpretation of 'very well' is.
also Adultblock and certainly Adultblock + are much better products and I know at least one registrar/seller is pushing the much more expensive Adultblock+ product.
if they pay off .London then there won't be much left for a divi or anything else for that matter.
Adultblock does not expire until 2021, and yes, there is a significant discount of at least 35% or more up to 31st December 2019.
I don't think that anything useful to investors has occurred at an MMX AGM yet! Although, I would expect that they will invite people to talk about the latest results. We're a publicly trading company that should have made a profit so I'm hoping they invite lots of people who can spread the word.
I've not been that hopeful on the AdultBlock at this point as I seem to remember that the 10 year expiration of the ICM AdultBlock didn't expire until December at the earliest (Perhaps SJL will remember). I'm not sure I would ever renew early on something like that unless there was a significant discount.
Hopefully the .London business will be sorted and there's not much else in terms of new gTLDs to influence the future so I think we're now at a point where we just need to grow, acquire someone else (please, no!) or be acquired (finally!). However, the current share price isn't good and being low-balled would not be appreciated.
In terms of growth, ntldstats says we had ~1.7m in Dec 2018 and now we're at ~2.4m, so that's good going. Last year the trading update was at the end of January and should be again. A healthy profit and dividend announcement might be enough to boost that share price... then let's try to get the business sold.
no. query whether there are restrictions b/c of the market cap. my co's in the US conduct calls w/q+a regardless of market cap.
my contention as to the prospect for a positive outcome from current levels is positive and unchanged. imo it will be longtime coming if this remains an organic growth story (after an already long, belaboring and costly restructuring). that said, I believe the board is nearly exhausted with the duration of this one and, as a result, is positioning the co as a package to roll right into an acquirer. this is why I think a dividend is pointless, and perhaps also the meager initial buy-back. that said, if it is to be an organic story and hold for a few years to come (please, no), the board should strongly weigh the prospects of a dividend vs buyback. there is otherwise, w/o selling shares, not even an infinitesimally small IRR to calc ex the 13p tender way back when.
as for all the whining on this board, to what end? it's pointless.
SB, not too sure if it a AIM rule or not, but I think 10% is generally the figure I have always known it to be. Maybe someone can clarify that figure.
bakky - where did you get your info on the +/- 10%. I wasn't sure if that was official guidance or 'best practice'. There are many area of business performance where an RNS is required - just had not seen that particular advice before. Profit warnings are certainly to be avoided. There may be good reason for the AGM delay - possibly linked to .London being resolved, or not. For a sales and marketing led business we don't half avoid updating shareholders...SB
Yes it is a little intriguing/odd why the AGM date has not been set yet.
perhaps Adultblock is selling so well that they won't know how many extra millions of $$$$ is in the kitty until 31st December.lol
Truth is they haven't reached 10% +/- of expectations yet, so nowt to get too excited about.
007 - i am interested in your query. Did you request such an update recently and your query is on the basis of the received response? I do not believe we are in any closed period related to publication of accounts as the expected trading update in January does not fall within the definition of closed periods.
Is it just me or does the lack of any updates whatsoever seem increasingly odd? SB
but that would mean communicating, not a high priority at MMX!!
Does anyone know if there are regulatory restrictions prohibiting the company from conducting a conference call (and taking q+a) following the release of financials?
I don't think any Pi's or even anybody at all turns up at the Agm, well they didn't a year or two ago!
Well done to Taproot for your Cnic investment
In 2016 there was an AGM statement, last year there was a pre AGM update. They have a notice of AGM about 10 days before the meeting. The latest they held one since TH took the reigns was 21st of December. This year looks like a delayed one. Maybe on the 24th so TH avoids most of the pesky PI's? Hopefully we are all on the nice list and we get a decent update. GLA
dash for Adultblock I'm hoping for. Could well happen as folk always leave things until the last minute, and there are very big discounts on offer too before 31st Dec.
Was hoping to get a 'exceeding expectation' Rns sometime soon..lol.
. Beer, not surf
Last minute dash for cash? Premium domain sale in. Work, luxe, yoga, surf
The "Recent News" section of the website has nothing post 26th Sept.
There is a legitimate complaint that it looks like time has stopped.
All I can guess is they don't want to spend any money, even a very small amount.