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I got it Bakky lol..Another large increase in VIP sales to 905k...
yes Sunday, and I think I might have already mentioned how they can start the ball rolling too! lol
For all the good operational news there is a great deal of frustration at the total non performance of the SP.I really want to see management address it and provide greater encouragement to invest..Some feel good factor needed Toby..
You have a point. Recommended! :-)
NO!!
I was watching closely as well Sunday. A few good premium names going through in surf, fit, London even. We don't know if most of vip ones are freebies this year but it is encouraging to see the transition from alibaba towards godaddy. Is it a sign that the vip is getting traction with the American domain investors? That would be great news, a recognition that vip is a top worldwide domain, not just a China dominated one. Am I allowed to get excited?
It's good to see very decent figures in the last few days, not only from the big hitting .VIP and .work but also from the worker ants of the portfolio...fit .casa.yoga .luxe(broken 6k) and surf ..The disconnect between the operational performance and the SP is becoming wider and next up..5k of premium inventory from 26 June...
I would like to see more director buys too,but hasnt stopped me or SjL..I get your point though..each to their own ..atb Bakky
other than Turcan. Sorry, but for me it's poor form from the Bod.Sends out the wrong message, even SJL would have liked some director buys to show some confidence in the company.Lots of investors pay great attention to director buys, so disagree with you mate!
They have see value Bakky.Henry Turcan has bought substantial amounts..I wouldn't get hung up about what TH does,If you see good value ,buy..if not . .
Atb
''Well, if we don't buy now when the price is low when are we going to buy''?
If management can't see any value at these levels, why should anyone else? I'll buy when HALL does, I won't hold my breath!
Well, if we don't buy now when the price is low when are we going to buy? :-)
Bakky, I wasn't implying that mmx is a 20 bagger. Given enough time it could be(20 years). My frustration was not having the conviction to stick with a company when all the signals were positive apart from the price that kept going down. Sorry for the confusion
Ramput, you might with a lot of luck double your money here. 20 bag eh, if only!
I have been lowering my average price over the past year on the back of substantial growth in the business accompanied by good financials..It is also apparent that the expectations of 30p or so sale of the company were set in a bubble asset period and therefore to meet my objectives a larger holding is necessary.The fundamentals are increasingly at odds with the valuation performance ,a view clearly held by Henry Turcan who has been active in the market..Drops in the SP are extremely frustrating for all and I would like to see management address investor concerns,,I'm.now looking for the post ICM integration to start to be reflected in the value here.
Added a few more yesterday and today after checking the domains added. Vip close to all time high, fit doing well(cat.fit must cost a few k) luxe chugging along. Icm domains holding steady. The updates we do get have all been positive. A case of the company is doing all the right things and the price is going in the wrong direction. Ideal if you can add, not so much if you can't. I missed igr as a 20 bagger, sure as hell won't miss this one
Yes indeed,.work although a great “sprat to catch the Mackrel”is somewhat masking the impressive performance of the portfolio.I would not be expecting a significant boost from the lost auctions..
I'm looking forward to a trading update in July. Especially net cash level after the lost auctions, cash collections in China, recurring revenue, any thoughts on new projects/investments/acquisitions. If not any dividend on the cards?
We just lost 7k low value work domains. Of the remaining 54k upcoming deletes 37k are again work, leaving only 17k all the other domains. That's less than 1% so an even better picture. Work is one of the lowest margin domains we have so won't affect the revenue and profit margin too much.
We had one last year 25th June so hopefully we will get it soon :)
Not directly related to the TLD space, but certainly a fascinating insight into tech development impacting society.....and other things tech investment / life related.
Atb
Let’s hope so bakky.
Just out of interest our current total ‘deletes’ sits at 60K out of 1.75m in total domains – 3.5%.
If we look at the registries above us in the sales league table, the corresponding figures are Radix (200K deletes on 4.3m – 4.5%); Donuts (235K on 4.3m – 5.4%); Jiangsu (330K on 3.3m – 10%); Domain Venture (560K on 2.4m – 23%); XYZ (130K on 2.3m – 5.5%).
Appreciate this is only a snapshot – and there will be points where mmx % is higher etc - but it does support the view that mmx benchmarks well against our per group. Our portfolio represents the full range of domain sales strategies in terms of price, geography, sector and product – I think we have a lot to look forward to. SB
should hopefully get the renewal figures for 1st March - 30th June in the next couple of weeks. I notice last year's total was about 888400 at this period.Let's hope we can match or better last year's renewal results.
May 2018 + 18 months = 2H2019. You do the maths.
I am not M007.
The fact you can't comprehend there is more than 1 person thinking something alternative to a dividend as the right way to return capital is very telling.
You just can't consider different perspectives.
"A change if perspective is worth 40 IQ points."