Member Info for Cheapsharesboy

For real bro?

Yet you buying a near bankrupt company called vast resources that seems much a bigger gamble

This place is full of hypocrites

Just like bpat890 who left, too embarrassed to post after his hummingbird sank deep.

Probably same again

1/5th of a penny???

Wow amazing

Not sure how much more the CEO can highlight this but

"We remain focused on meeting our stated goal of achieving cash flow breakeven without needing to raise additional funds"

It's all in italics. They are really making it clear there is no fund raise coming but profitability. They said it for the third time but now in italics. I hope that's clear now. Can we move on now to 5-6p now that the impatient money has left?! Or even 10p to get a sensible starting base for the future!

Someone wanted a bigger update and so are dumping 50k 100k shares. Impatient investor don't hang around eh?

Contacts and updates are just a matter of time

Not much new information.

However confirmation of no need to raise funds.

Also, 475K owed from debtors, once these come in, cash would be closer to 1M.

Yep.

Like I said earlier MMs are pretty desperate for stock. Selling is a piece of cake buying is a pain. Which means they haven't got enough to supply buyers. That's gotta be a good thing for the share price

No idea but the market cap being a mere 2B or just under, it's probably going get taken over in the next few weeks or months for about £4.

Tcap has got everything one would want to have: Trade data itself worth 2-3B, crypto and digital assets platform, broker for currencies rates and bonds. Location in Jersey is a win too vs mainland. Broker for commodities and emerging metals plus liquidnet trading, USA revenue increasing. It's literally all you want all in one. Should be worth 10B in my opinion.

MMs easily accept sells but it's harder to buy

It appears to me they will be running out of stock and they'll have to let it fly

So is the cash situation likely to have improved?

Income at 1.2m but with cash only at 464K - this must be up? The forecast was cash runaway till H2 2026. Are there receipts coming in H2 this year?

Does this mega fund news benefit MNG?

https://www.bbc.co.uk/news/articles/c4gve4d8jljo

Is it gonna jump?

https://www.bbc.co.uk/news/articles/c4gve4d8jljo

All money wasted on dividends and buybacks

They are literally destroying the company by bleeding cash

Muppets

Robleo - there seems no expectations of Divi cuts over here unlike Vodafone. The cast flow covers the dividend here. Vodafone on the other hand had to cut. MNG has reduced debt, cut costs and has exceeded their capital generation target. So I think the problem here is different. I think it's two food. Firstly high yield lowly valued due to UK status that is not in fashion. Secondly it's a general malaise around dividend shares. I think the second issue hopefully will correct itself to an extent once trump gets to rule and global inflation falls. In UK Kier is causing more sticky inflation with increased taxes. However, rates to drop here too albeit less than in USA. Ideally the shares would recover to around £4.

Learn to type firstly

Secondly it's not going to 3p just for you

Markets don't work like that

Hopefully blue week ahead

The company upgraded it's cash runaway estimate from Q2 2025 H2 2026. If this is accurate, then it's obviously undervalued by a huge amount. My only gripe is that whilst the CEO is buying, he don't seem to have a lot of skin in the game? He only has half a million shares? Surely he should buy more?

So dare I say it?

Yes, so the bottom was hit Thursday at about 192.5-193

Yield from the is near 10.4% assuming final dividend of 13.4p which would give a total of 20p for the year. Whatever you think about MNG, that yield is going to provide support

Thanks for the answers everyone

Anyway, regarding the bonds the yields look like they have come back down now virtually to what they were. Once the hype settles, I have a feeling people will wonder why the fuss? Trump.is clearly calming everyone down. Although I think many loonies will never recover from their nervous breakdown following a historic T win. I maybe wrong but I believe that will trickle huge benefits down to MNG too. Just need those wars ended now

Is the budget the reason for the current slump?

Someone got bored dumping 75000 share lumps

MNG not taking part in Trump euphoria?

Trump win should be good news in cutting on inflation and oil price. Surely MNG as a high yield should benefit from that?! But what do I know!