Member Info for dweill

Congratulations to those shareholders that held on. I hope this deal goes through and their is an appropriate cash distribution for shareholders. It's been arduous for some as they believed in Guy, Toby and co.

Interesting that GoDaddy didn't want the porno domains. I wonder what MMX will do with them. Sell them off to SJL,?

GLA

I didn't play you, but IMO SJL has/is playing you guys like a fiddle. MMX could have been a successful Chinese focused company but the BOD decided to remain mediocre and succeeded brilliantly at it. I will never buy or sell another share, but SJL I believe certainly has an agenda. A takeover is virtually impossible as it is closely held so it's evidently personal. I sold because I needed liquidity at the time, and now I feel very fortunate.

Great, stay long and whatever. I am moving house now anyway and hoping to buy a place in Paris. Love you all.

SJL says he is out which is probably correct. I am 100% out. Fred I believe is 100% out as he remains a fast and great friend. I don't believe China is not an issue at all IMO but I don't know that. I do know Ms Huang and she is a true professional. Who could benefit from a promote and sale of shares? Probably SJL's comrades that are stuck long and wrong. Perhaps I am old fashioned, but the Buck stops with the Chairman Guy Elliott and 'so far' he seems to be coming out unscathed. I don't have a dog in the race, but you pi's think I played you when IMO SJl played you like a Stradivarius, and the irony is you still love him. Wow.

success

My guess is that the 'accounting problem' was with the porno domains not China operations.

The big premium domain name sales for VIP in China that I did with Raymond were years ago on the launch of VIP - used to make up for big North American losses. Ms. Huang from what I have seen did an excellent job keeping China going on a shoestring budget while the other employees/management had their snouts in feeding at the trough.

VIP I believe was the only fully cost allocated operational TLD success that MMX ever had; other than losing auctions - which was wonderful business but not operational or recurring by definition.

All ancient history for me now - good luck to the current shareholders.

Sundaysun is just a broken record with a broken view. It is time for change and time for action is now. If you want to watch the share price drift to 3p or if you want it turn around and let it get its mojo back it comes down to one word - CHANGE.

SJL will pick up the reins if it is in his interests to do so. I didn't even think that Toby was good at PR as frankly he wasn't. Guy put him in as CEO as he needed a warm body and as usual he was thinking 5 minutes ahead to get rid of Antony .

All of this is just history but you guys should flex your wings. Why on earth do you want to hold a share that does not go up?

That may change - and Bakky we may find common ground. How frightening is that. He would be great to take over MMX.

Sorry I do not believe that Hony wants to get active - I think they just want to get out so the PM doesn't even have to discuss this. It doesn't show up on the size radar screen, it shows up on the percentage loss radar screen and to them it is just not worth interrupting the conversation for this nonsense.

Revenge is a plate best consumed cold. For me the revenge so to speak was walking away at 12p. An exit would be great for Hony and my other friend in this is a grown up and he can make his own way. For now the management appear to have support but we will see what happens with the performance compensation or lack there of.

To my mind, the very best thing that could happen aside from a takeover is to have SJL come in as Executive Chairman and kick some butt. He is a business man, knows the space and can get the focus on the SP and the bottom line where it belongs rather than retirement for some and private schools for others.

Amazing - everything you said is totally wrong.

I think SJL should take over as Chairman and CEO of MMX and shrink the cost base to nothing. He has already intimated that MMX is bloated and I agree with him. I am on record that fixed costs should be US$2.5mm or less. The Chinese were looking for $1.5mm.

Just for you Bakky - I chose not to continue with MMX and didn't bother to roll my contract or even discuss it as I already knew they were not going to list on the HKEX. Think about that mate.

The II's can't sell in any event as there is no liquidity to do so as there are no significant bids.

SJL is a good promoter - that is a good thing as they need one.

Have a nice day.

No interest in going back to this nest of snakes thanks - and even though I was the most highly compensated person at MMX that year it was not worth it as the management was 'brain dead' and I also think they are well entrenched in the 'colonial mentality'. Rykan you are an 'old timer' so the next time you speak to Toby ask him where the US$10 mm plus of VIP profits went? It is like the song, 'Where did all the money go?'

MMX only ever made economic value from losing auctions and from VIP. The ICM trade gives them accounting revenues but it is a very real bet on renewals when global renewals which may be dicey at best. I would not buyMMX hoping hoping that it will work at 5p - nor at 2p or that matter. It is only a buy believethat a PE fund will take it out to get rid of an annoyingly low comp.

At least now they are not dependent on China as they aren't making money there as they are clueless.

You guys should think about the roll down which is coming. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MMX&ArticleCode=tltxj4fo&ArticleHeadline=Grant_of_options

MMX has to keep the management motivated right? Why not just turf them and get in a team that understands value and shareholder value. Your major shareholders are averaging down probably because they know if there is an out it will sure not be at a price above the tender.

I really doubt if you will see Hony adding in any event. What a total screw up...

You are totally clueless about MMX, which I guess is why you are still invested.

I have enjoyed the best returns in my career over the last year or so and I am very thankful for that. MMX is a sad story, and my only interest other than worthless options in it is an out for Hony. I believe SJL's disaster would to them be a joyful exit from this dog.

I doubt there was a bid at 10p or above. A failed process is a terrible outcome, which is probably why they bought porno domains. Now MMX is basically a bet on the multi year renewals of dot xxx. If they have lots of drops, that would be extremely bad news.

I believe management options are probably in their vesting period, which is a null result given the VWAP. Switches and coal in the stockings, but probably another roll down on strikes. Grab your ankles...

What makes you think they know what the share price is trading at? They are salary men, but don't worry the options strikes will just keep rolling down until a cheap take out ever occurs, or not.

Does MMX have any exposure to Digital Town? Mr Monster has apparently cratered given their share price. Maybe that was a bad debt in the accounts to reserve against? Probably not material in any event - I just hadn't looked at it.

I am hoping for a take out of MMX as well for my friend stuck in the share. Before Abry looks for an out on Donuts, my guess is that they will take out MMX just because they do not want to have a low valuation comparable public listing lurking around.

It will not help me at 13p on my options, but it should help the current share price heavens willing. Normal premium to VWAP is 30-40% premium on a take out for the control premium.

Nope - Giles Hargreaves.

Please have the last word - you seam to live for that.

And have another PG Tips Pyramid version - great value!

Because numbnut they need to change. They need to wake up. Lombard Odier did. I miss Giles.