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''would take 13/14p now'', I bet you would. Even SJL says suitors are maybe waiting for it to drop.
would be good to get an update on renewals.We had one last year on the 25thJune so c'mon guys spill the beans, you know the numbers so just tell us please.Maybe the numbers aren't very good this time (hence the delay) and they will try and hide it behind a decent half year financial update. All just wild speculation of course..lol
I've been keeping track of the vip numbers lately. I wonder if anyone noticed the parked domains % came right down from 73% few months ago to just under 66% today. More proof that domains are actually used by end users = healthy recurring revenue.
Lol....one day bakky!
aye! I wouldn't mind a quid for every time we've said or thought that over the years Bonum! lol
It's only a matter of time.....not IF but WHEN!
Atb
Maybe they can't afford it....they're only on £300k+ p.a.
the best bit of marketing they can do is buy shares in their own business especially at these prices. Hall and Salazar haven't bought a single share between them for over three, yes three years.That says it all to me!!
To think Hall is from a marketing background too, jeeez!!
''H1,looks exceptional'', who to? certainly not the markets/investors it seems, even at these low levels nobody is interested . If it's that good then Hall should be singing from the rooftops this week..
Deep pockets able to drive this up in market cap already know all this.
They can see it, research it, have teams who do nothing else.
Where are they now? Why will they suddenly buy in?
Repeatedly I see price move ahead of news, unless it's shock news. Where is the advanced price movement ahead of results?
Some cannot buy as they have mandates stopping them.
Such a mandate can be share price, hence banging the drum about the float.
Silv,You make the point very well..We have a troubled history ,baggage that Cnic dosnt carry.Im very pleased with operational activity,H1,looks exceptional ,R&D activity such as blocking RNS..will continue to add to the bottom line in H2.An official H1 RNS with projections for H2 will be most welcome by the market..
Tap - my point was this - whilst it appears we are making good progress - we have been unable to articulate this into real bottom line performance. Our results for the H1 2018 and Full Year 2018 were frankly diabolical because of the need to deal with legacy issues - which in turn would have been difficult to address if our core business model was shrinking - as it was hence the low ball offers on the table for the business at the time of the strategic review and the need to make an acquisition to create the much improved business performer we have today. So when I refer to rebuilding confidence in the share price I was trying to encourage the view that - and i know there are different views on this - management will now be judged a) the historic actions taken to create the business as it is today and i think despite the share price performance that there has been significant achievements in that area ; and b) the ability of the business to create shareholder value - and on that count i think we are all agreed that we need to see a company of reasonable scale and substance delivering an investable business case - mmx can hopefully at long last demonstrate they have the evidence to support that - and up to this point despite good news about initiatives and sales and renewals and china and etc - the only thing that really matters is making money and telling the market and that was my point - but i appreciate we all have different views on this and that's why investor boards are good. SB
Reverse split, consolidate and/or buy back to get the sp > 50p and the the eps improves. Higher sp helps exposure. This float is a joke.
No one listens.
Tap - I'm going on the assumption that mmx are now sitting on enough financial data to release a very strong trading update. I will be surprised if we don't hear within the next couple of weeks on the progress that has been made. The fact that last weeks news on the adult domains blocking service was silent on trading performance makes me believe there is good news coming and it warrants its own RNS release - and we know what it has to cover. I'm pretty sure the majority of investors here are now aligned in terms of expectations - some gave the company a bit longer to address its historic underperforming business model - but now is the time to demonstrate we are a high margin, low cost, profitable, cash generative, debt free, dividend paying business - and that's the only way we start to rebuild confidence in the share price. SB
The operational performance does look like it's gone well, with almost 75k domains added in June.
However, I think that we're all agreed that the share price performance has not been good. I would certainly not be impressed if they decided to wait until September before providing an idea of how successful the first half of the year has been. I don't think that they will do that, but the point still stands.
I am interested, in particular, to see how the clean slate aspect is reflected. There are no ifs and buts, it's just all about keeping costs under control and making profits. Let's hope that it makes good reading and finally starts to entice other investors into the company.
It seems CNIC's policy of aggressive acquisition and cost cutting is paying off and is reflected in their ever-growing share price.
Confirms SjLs views on growing consolidation in the space.MMX are pumping out the numbers and revenue and with the most recent RNS have made themselves ripe for the picking..
CNIC bolting on Hexonet. Some metrics below."Hexonet is a privately owned group of companies with operations in Canada and Germany. It sells domain name subscriptions directly and via more than a thousand resellers in over 110 countries, managing over 3.8 million domains on its proprietary software platforms. The acquisition will increase by c.28% the number of domains under management on CentralNic's reseller platforms.Like CentralNic, Hexonet has a high level of recurring revenues and excellent customer retention. In 2018, Hexonet's revenues were c.€16.5 million (c.$19.4m USD), representing a CAGR of 8% on a USD basis for the two preceding years, with an EBITDA of c.€0.8m (c.$0.9m USD). The payment of the full consideration amount is subject to Hexonet being delivered by the seller with over €0.3m (c.$0.4m) of ongoing cost reductions compared to the 2018 cost base, which is materially completed, and the absence of warranty claims. Further, CentralNic is filling staff vacancies budgeted at €0.3m (c.$0.4m) with staff from Hexonet. Integration is facilitated by the close physical proximity of the German operations of CentralNic and Hexonet.The consideration comprises a €7.0 million payment at completion and a deferred payment of up to €3.0 million on the first anniversary of completion, payable in cash or CentralNic shares at prevailing market price, at the Company's discretion. The cash component of the Acquisition will be funded by proceeds of the recently closed senior secured bond issue of €50m. The Acquisition is expected to complete in July, subject to, amongst other things, the timing of CentralNic's receipt of proceeds from the bond, but no later than 31 August 2019. The Acquisition is expected to be immediately earnings accretive.The Acquisition is CentralNic's fourth in the past 12 months, and is the next step in CentralNic's strategy to rapidly consolidate the global recurring revenue domain name industry. The Group announced in May its acquisition of TPP Wholesale, Australasia's leading domain name and hosting reseller platform business.CentralNic will provide Hexonet customers with continuity of service, while also upgrading the service with new products, with Hexonet's CEO and CMO remaining with the business under CentralNic ownership. CentralNic will integrate the innovative technical features, its web apps suite and dropcatching capabilities of the Hexonet platform with those of its own Key-Systems platform, to create an augmented domain platform and service offering, to be released in 2020. Further, the Canadian operations provide CentralNic with an enlarged base from which to cover the Americas in general and specifically the important Pacific time zone markets.Ben Crawford, CEO of CentralNic, said: "We are delighted that the Hexonet reseller platform, expert staff and customers are becoming part of CentralNic, boosting not only our recurring revenues and pro
well. we didn't get an update at this point last year, other than for Vip.So no reason to think we will get one this year I suppose, though I hope we do fairly soon!
Another £100k batch? Hope so. Some good names at .law again. Another 5.5k .vip.
Bring on that trading update! Should be good. If I was Trump I would even say great!
Many thanks to all of the MMX team for putting on such a good performance!
could certainly do with some upbeat news here. Rns next week please Toby, you know the figures!
Looks like a great finish to H1 2019. Plenty of registrations across the portfolio - both in high volume/low prices sector and lower volume/higher price (.law picked up 200+ today – possibly linked to the current premium sales programme release alongside the adult sales and vip premiums - we have now sold 5 of the single character numbers this year). What will be interesting is to see where the deletes peak on .vip and .work. Renewals at the 75/80% levels would be exceptional and as it stands we are well within those thresholds – with the added bonus that renewals will be at decent prices v original purchase. Snapshots don’t tell the whole story – but this time last year we had 1.5m and we are now at 1.8m registrations – both excluding .xxx and .review. It feels like we are finally going to deliver. I hope so for all of us invested here. SB
Well I see some good names being registered especially .sex and .porn . https://dnpedia.com/tlds/daily.php
Anybody seeing premium stock sale prices.?.my internet playing up.