Member Info for amuhith

Last time I checked Woodford held 24%. I was very tempted to buy at sub 19p but when I saw his holding decided to held back. Will continue to watch from the sideline.

Thanks Unionpacific. I bought rights at 15p. When I saw it going downhill I thought I would top up at around 7.5p. But your comments made me rethink and will now wait for 6p! Just to remind everyone the then Chairman now executive chairman bought shares at around 40p(?) which made me to buy at around 20p.

I am not a holder here but hold MXCP shares.
On 19 March 2019 IDE issued a trading update
on performance for the year ended 31 December
2019. Has it subsequently declared its results? I
Can’t see any announcement.
I am interested to know whether IDE has free cash
flow to pay interest on loan notes. Update please.

Let’s assume that the large buys are for the Employee benefit trust. If so, why did the person like Marc Young sell recently? I am confused. MY was the CEO before Mr Smith and it was under his tenure things unravelled at both IDE and AD4.

IMO this share is going to remain in doldrums for quite sometime. Couple of years ago I made some money when it went up from around 60p to well over 1 pound. Trying to replicate I have got stuck. My average is 31p and I do not expect to recover my losses in the coming six months. One large stone recently sold at a much less price than what the management expected. We have not heard anything for more than two weeks which means the company is finding it difficult to shift items. The new CEO is within his rights to kitchen sink as much as practicable. By the way, what happened to Tanzania confiscation ? The longer the company does not give any update you have to wonder whether there will be any positive outcome ever. Reducing the debt mountain is the priority which the new CEO has promised to pursue and good luck to him.

Thanks bigsmoke. Creeping up again. Fingers crossed. 3.6m buy against 2.0m sell, so far today. Let’s hope for a good day tomorrow and day after. However, based on recent form it’s probably too much to ask.GLA

If you are a holder please keep an eye on the price but don’t call higher prices on the board because such calling will only help to bring the price down, Imo.

Closing mid price today is 72p. Last trade price per LSE is sale of 2,466 shares at 75p. Trade time 8.26.56am. What’s going on here? If price is so low, shouldn’t the Employee Benefit Trust be buying shares now as sp is more than 25% below nav?

Speculate for recovery!!!!!

The company’s website says ex div date is 30 May 2019. 2017 final div was 15.7p? How much is it for 2018? Does any one know? I got in today averaging 3.45. If dividend maintained then it’s a good return . Or could it be that more bad news re HMRC investigation on minimum wages is in the offing?

The current accounting period end is 13 months to 31 March 2019. If last year they reported on 15 May it must’ve have been for the year ended 28 Feb 2018. I don’t know when the result will be declared but may not be as imminent as you think.

Someone somewhere must know something. SP keeps on falling despite substantial buy backs everyday. When does the buy back end? Are we in for a longer term low sp?

Theoretically this ought to have happened on 18 April 2019 not on pay day.

LSE showing last four of today’s trades totalling 207k shares as sells. Surely, these should be buys at 73p. Whatever the case, after suffering for almost 3 years are we seeing lights at the end of the tunnel? Now priced 1.48p pre consolidation. Can’t wait to get out once 80 is crossed.

I believe LSE is showing buys as sells today. Most reported transactions are around 14p all of which should be buys not sells.

My recent purchase of 4000 is shown as sell. I assume two other transactions of 3000 each at the same price have also been shown incorrectly as sales. After the latest RNS can we hope for a decent rise?

IMHO an excellent job has been done by securing this offer. It must have been a joint effort on the part of MXCP and Tax Systems. What next? The market almost ignored it as far MXCP sp is concerned and hopefully the management should realise how sceptically the performance of the company is being looked at by the market.

On 11 July 18 I posted a message on this board suggesting that consolidation may be one of the measures which should be considered. I now doubt whether this will work. For a long time the company has played hide and seek game with its investors. Under whose watch IDE and AD4 disaster happened? Anyone made accountable? We keep on hearing about possible pie on sky stories, or shall I say gossips, but no real news on real tangible progress seems to emerge. I will emphasise again. Declaring half year and yearly results should be made within 2 months of the period end. Why could not be there be a pre-close announcement where progress of the unquoted investments disclosed? Mr Smith should communicate with his investors in a more friendly way.

All small holders, including me, should not succumb to the temptation and wait for the price to go over 3p before any sell. Anyone prepared to commit to this pledge?

Lowest buy price few weeks ago was around 1.5p. If there was a way sellers could be persuaded not to sell until buying price reaches 2.3 -2.5p then this sp can recover some composure.