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ramp, if they pay divis the sp will follow. If they don't the sp won't be much better than it is now imo.
I suspect our individual perspectives are to some extent linked to the length of time we have been invested here. Investors in AIM shares are more likely to expect an investment return in capital appreciation than a dividend income - that’s the nature of AIM - higher risk, higher return....or wipeout. Those from the very early tldh days could have paid 2-4p a share and will have had an opportunity in the last 5 or 6 years to make a good trading profit. Most recent investors in the last 3 years are hurting big time if they have not taken a loss and moved on. The problem the majority probably have is the cost of tying up our capital - whether that’s 1k,10k, 100k etc is dependant on our own personal positions - and the march of time where we see no return and no capital appreciation. There does come a point where it becomes difficult to justify remaining a shareholder other than the hope someone thinks there is intrinsic value in the business - which we all believe there is - and is prepared to put their money on the line. If we were sitting at a 100m current company valuation ie 11p - and on the verge of being able to make distributions, I suspect we would all be in a better frame of mind. Would I sell at 11p - probably not - but i would feel a lot better about my investment - but that’s based on my position as a long term private investor who has a reasonable amount of capital tied up here and I’m not prepared to sell at a loss when we are the verge of a great business. But it’s not half easy is it?! Just a Saturday ramble!! SB
Bakky, even if price steadily climbs?
for me, if they intro divis now then I will be happy for them to build the business. However, if there are no imminent divis or return to s/h and TH/MS just keep on banking their fat cheques, then it's a sell asap.
These things dont come on demand..We will suddenly be an attractive bolt in for someone and then they will strike.I would welcome it now frankly ,in the absence of dividend income.
So my question is, why are we in such a hurry to sell up? Why not develop the business for a few more years? Gla
Org 10 MM names
Donuts 4.5 MM
Mmx 2.4 MM
Roll them together , rationalize costs and back end and $4BN ipo ... watch this space
What a deal. Appreciate all the smoke and mirrors stuff in the background - but you have to take your hat off to the PE money behind the deal - and with the type of money on offer it was very hard for the charity to turn down. We can only hope that others in this space are considering how to create the size of profits and returns available from big scale transactions and that mmx can be part of such an operation - it is likely this would be the route most here would like to secure - unless management take a more radical approach to some shareholder love! SB
https://domainnamewire.com/2019/11/29/ethos-paid-1-135-billion-for-org/
Is a good read
until we hear anything different, we are inline with forecast, no more no less at this stage.
let's hope there is revenue to match?
We look to be 40% up on domains from this time last year (excluding the ICM domains), which is a significant increase. The last few months has definitely showed good progress in that area.
well any change in forecast ( 10% +/- ) in y/e figures hasn't been achieved yet. We all know TH is economical with Rns's so I don't expect any news until the very end of Dec, earliest. That is of course unless they have well beaten expectations, lol.
Interesting snapshot of todays registrations - 50,000 .vip, 275 .work, 270 .luxe, 238 across our general portfolio, a few adults and even a .fishing!! What is unclear is the revenue stream from the sales, and what is happening behind the scenes in terms of adultblock. There seems to be constant selling in the market at the current price - not large volume - but enough to supress any attempted breakout. It defies all the material progress the company claims to be making and you wonder what our major shareholders view for our future if we continue to drift in this trading range. We are due an AGM pretty soon, but imo there is a real need to give shareholders an update on the issues brought up in the H1 2019 interims. SB
I can understand that..I would hate to see Toby and Michael spend their time stuffing envelopes with dividend cheques. I will leave my address in case though.
Dream on Dandee.
My portfolio is ii level.
There are costs associated with large number of smaller holdings and I've dealt with one company in particular that were concerned when they analysed their register. Each to their own and wanted to 'sanitise'.
Thanks Sunday - i can stop worrying about those mmx dividend cheques in the post. As you say, lol. I would also be surprised if our shareholders number in the hundreds - let alone thousands. Some of us (me included) are probably in way too deep - i did manage to pick up some shares at 5.2p but not enough to make up for their more expensive pals!! SB
The dividends are sent to the nominee account holder..ie the broker through which you bought your shares..not to thousands of individuals..The paper holding shareholder is long gone.
depends what you would call 'very small holding'? I know many on here are into 1m+ shareholding.
I'm becoming convinced there is more to this bakky than just the value.
I guess no one here knows how many people are in this with very small holdings? The massive float doesn't help with a penny share. Hence another reason for a consolidation imho.
Repeat this bit as it's a possible consideration.
Imagine a divi that is small to start. It costs to send out small amounts to many thousands. A ridiculous case might be where the cost of administering some small holders with a small divi is comparable to what the small holder gets paid. Not efficient use of resources.
They are probably watching the order book and share register. Best to take out as many shares & holders as possible.
When it hits a buy zone they will act and support.
Over time the buy zone should move up as low sellers exit and results show through to support price.
Some companies dont wants lots of small holder, many thousands, and they do tend to be those that buy higher and sell lower so it can also help reduce the # of holders. When price settles the small fry sell and the company can mop-up.
Imagine a divi that is small to start. It costs to send out small amounts to many thousands. A ridiculous case might be where the cost of administering some small holders with a small divi is comparable to what the small holder gets paid. Not efficient use of resources.
well they don't think it's good value at these levels do they?
TH stated that the buyback would continue because he believed the share price was undervalued ,as we all do. The point of the buyback is to support the share price ,not to take a relatively small proportion of shares out of circulation with minimal impact.
trouble is, there are so many 'low' sellers that £1m isn't enough .