Member Info for adamk87

My personal opinion is they’re looking to fill buy orders and have been the past week - we’ve had a number of larger delayed trades come through and given how dramatically the mm’s have been taking this up clearly they were looking for sellers, it didnt work as the higher they took it, the more buyers arrived.

Fact is 90% of this is owned by institutions and not a single share’s been sold by them, they wouldnt sell a dime below 30p - that leaves the mm’s and us pi’s. The games have commenced, those with patience will be handsomely rewarded and those that struggle to hold a share for a day/week will lose out as is always the case.

News is around the corner. That much is clear, otherwise this fcukery wouldn’t be happening. Patience - when the mm’s lift this, its almost impossible to get back in!

This is typical mm share collecting, only thing is pi’s have called their bluff and their stuck between a rock and hard place.

If they lift it like they should given volume, this mornings hustle has been at the expense of many shares sub 7p which they wont want to do, so they may drop it to scare the life out of this morning and yesterdays buyers at a loss.

They know news is incoming and are trying everything to collect shares, firstly taking it too high, too quick and now doing the same on the flip side.

Up or down, price action is taking place here and we will close the week on a year high.

Dont know if anyone caught the delayed buy, must’ve shown up late as i didnt and i last checked around 5.30.

So £9,400 buy after close, will shore things up nicely and any buying pressure in the morning will see this rise pretty fast. Well played to the buyer, that many shares under 8p is a bargain.

Plenty of decent buys gone in past few sessions, all the more promising for the coming week. GL

Flakey its been the way we’ve risen, if you look back you can see the trading patterns:

0.8 - 3p
Dropped back to 2.2p

2.2 to 5.35p
Dropped back to 4p

4p to 7.4p
Dropped back to 5.8

5.8 to 8.2p
Dropped back to 7p

7p to 10p
Dropped back to 7.8p (actual bid is 7.6 with ask at 7.9)

The rises and falls have been aggressive recently but thats mainly due to profit taking, however today as has been case previously also a lot of shares have been exchanged on every leg up with some big trades, hopefully into stickier hands.

We’l see 12p this week and you can bet a timely rns will be released when the price action needs it. Today was still a blue day, not as blue as we’d like after the big rise but blue nevertheless. Those in for a quick trade need little patience and this will bomb past their 9-10p buy from today.

Canoncans been saying it for a while now, also after reading Raleigh post on another bb and doing some research into our major shareholders its obvious that this will eventually be sold at a higher price than what they’re in for (25-30p) so its a case of sitting patiently and letting their plans unfold. A 100% day is coming on news, just a case of when.

Strong buy and hold. GL

Paying 7.66 on the bid - mm’s have had their fun today. Plenty got to sell with a profit and plenty of shares switched hands, all part and parcel of the journey. 12p on the cards this week, maybe tomorrow if the price action is right..once a few buys go in, straight back to NT and we’l shoot past 10p.

So much going on behind the scenes, with the end goal the sale of IDE at a price much higher than 30p that the ii’s are in at.

Posted by Raleigh on the MXCP board

MXLGToday 14:57
I post only from my personal perspective as an MXCP shareholder.
I like Íde on account of its size, potential after turnaround, it's board, and the time, effort and financial backing given to it by MXCP and long term MXCP backers Kestrel, and the likelihood of sale at an appropriate time. Here we are currently invested in both, and wish both well, and my further comments may apply also to Adept4 ( I have no knowledge of Cloudcoco, shareholders, etc ) but it appears to me MXCP, and we investors, have far more to gain from Ide, over which MXCP and Kestrel have complete control ( 52.2% )

MXLG is MXCP's venture with Liberty Global and consists of SICL, 365ITMS, and Koris. It is capitalised at £14.3m. Ian Smith's partner Tony Weaver and MXCP advisory board member Steven Zhang represent MXJV at board level.
On what is known from press and other releases, it is possible now to envisage MXLG as a company with £20m+ turnover, a buy and build adding products, revenue and customers into which to cross-sell, whilst integration and savings on synergies take place.( something which did not take place at Ide, prompted Ian Smith's ire and will be different here with MXC and LGE in joint direct control )
As stated at the beginning, "The newly established joint venture company will initially seek to undertake a series of acquisitions in order to create an enterprise of size and scale, taking advantage of MXC's knowledge and understanding of the market, Liberty Global's existing network and solutions, as well as the opportunities both parties see to consolidate what remains a fragmented market."
Something is planned for Íde, and It will be a sale at the appropriate time, down the road. MXLG need to get size into their operation, to create the scale envisaged from combination with Liberty Global existing assets. Should MXLG be the buyers, ( and it would be a great deal for MXCP to pull off - they would pay 25% and get back 43% plus loan notes and their accrued value ) there would even now be an immediate£60m+ revenue and growing company. And by the time it happens, if it does, Íde will be in far better shape than currently, adding value there, to MXCP and to the overall MXLG proposition, with the distinct possibility of Ex Capita Andy Parker at the helm of the private company, pending acquisition by Liberty Global.
I anticipate further MXLG acquisition(s) in the interim.

Plenty of action going through on Nex today. Mm’s doing what hussle they can but this juggernaut will not be stopped en route to 30p

Shares switching hands, is always healthy for a rerate. Those looking at getting in, now is the time. I doubt you get a chance again once we leave sub 9p at these levels.

Sam you did pick the wrong share. Im invested in both and i believe AD4 will do well with the right news, however IDE is a different beast altogether and could easily hold a mcap of 100mill which is a sp of around 25p. Shares are tightly held in both companies and on news will be impossible to buy in here or there.

My first target here is 5p - waiting on CC deal completion and update on debt refinancing. GL

Just goes to show what little availability there is below 10p, we’ve seen this play out before too - take it a little to high only to drop if back a little catching sells.

12p to be hit this week, may even be today going by this mornings action. Gla

More of what we know already, not a lot available below 8p and the only reason we venture there is looking for sellers. Those who do sell will regret or pay more to buy back in.

12p this week. Gla

Rebuild value for our shareholders - they’re not talking about us here, they’re talking about the likes of Richard Griffiths and other significant shareholders who invested in IDE at a price much, much higher than we’re currently at.

You can be sure the board are keeping track of SP movements and will release timely updates to ensure our northwards trajectory. The market is aware of this and the little free float hence collecting shares any way it can.

- Revenue of £41.1 million from continuing operations

- New leadership team appointed with significant industry experience; Andy Parker as Executive Chairman, Ian Smith as Executive Director and Max Royde as Non-Executive Director

Everything is now in place for us to get back to previous highs of 30p and the main driving force being shares available and news, long term funding is in place so no threat of dilution and the pipeline of opportunities is the strongest its been, all we need now is confirmation of a contract or two signed and then good luck buying in, contracts are coming and a full rerate will be taking place over the coming weeks and months.

Gla

With the upheaval of last year behind us, we are now focused on driving the core activities necessary to support our customers and rebuild value for shareholders. Towards the end of the year, several of the Group's material customers renewed their contracts with IDE, some on a multi-year basis, and at the time of writing, the pipeline of opportunities across the business both with existing and new customers and partners is the strongest it has been since my involvement. I am also pleased to report that the Group has been trading profitably at an Adjusted EBITDA level in the year to date. We are confident our strategy is on track and look forward to reporting continued progress throughout the current year.

Bank Refinancing

Throughout the difficulties that faced IDE during 2018, the Group's bankers, National Westminster Bank plc ("Natwest"), remained supportive of the Company. The proceeds of the 365 ITMS Sale were used to reduce IDE's level of debt, however, at the end of the year the Group's remaining revolving credit facility of £4.75 million was fully drawn and the Group had £0.6 million headroom on its £3.5 million overdraft facility (the "Facilities"). In order to provide additional, secure and longer-term funding to replace the Facilities, on 10 January 2019 the Company announced that it proposed to raise £10.0 million by way of an issue of secured loan notes ("Loan Notes") in two tranches. Under the first tranche, £5.3 million of Loan Notes were subscribed for by two existing shareholders of the Company, MXC and Blake Holdings Limited, a company controlled by Richard Griffiths, a significant shareholder in the Company. The second tranche of £4.7 million was made available to all other shareholders by way of an open offer and was fully underwritten by MXC; in the end £1.0 million was taken up by other shareholders with the remaining £3.7 million subscribed for by MXC. The proceeds of the issue of the Loan Notes were used to fully repay the Facilities and provide additional working capital for the Group. With the issue of the Loan Notes, the Group now has no external debt other than with key shareholders and has longer-term funding, thereby affording security for all the Group's stakeholders.

Outlook

As a result of the actions taken during 2018, we ended the year in a much stronger position than we started it with a strong leadership team, an appropriate cost base and clear focus on operational execution and customer service to drive increased profitability and cash generation. The refinancing, which was completed post year end, has provided long term funding and means that the Company has no other external debt, as the Loan Notes are held solely by shareholders, and predominantly by the largest shareholders.

I would like to thank the management and staff for their continued support and resolve to deliver value to our customers during what has been a challenging year. Despite the incredible pressure they have found themselves under, they have behaved impeccably and, in many cases, have gone above and beyond to support the Group and service customers in the most difficult of circumstances.

Solid day here today, more of the same next week. With how tightly shares are held and the small amount available im excited for CC deal completion alongside the debt restructure and all systems are go, next week hopefully. Have a good weekend all

0.90 paid on bell for tiny amount. Its hard enough buying on a regular day, will be impossible when an agreement lands. Have a good weekend all

Slight retrace in SP today to help it consolidate above 7p which only benefits us all long term. Exciting few weeks ahead. Have a good weekend all

Let me introduce Leo, hes bought and sold here a few times - he gets agitated whenever theres a small rise and spouts nonsense, possibly because he keeps missing his buy price. Luckily the mm’s dont care

It seems you guys have an issue with one another as CV said please take it elsewhere.