Member Info for HedgeHogarth

Snooker1000 - you are so wide of the mark.

I can 100% vouch for JustHerForHemo - he is closer to being blocked by Hemo than being padi by Hemo

He is just a very passionate long term investor in te business; incredibly deeply reserached, a genuine believe in the sciene and commercial opportunity that follows.

Go and Troll another share. You are soooobad at attempting to troll this one

IMO, the only way I can lose money on this investment is (1) to panic and sell at these levels

It's possible there may be more volatility before the true value is revealed

Remeber, there are dark forces at play that want investors to think this is worth significantly less than it really is (Suggest you go and research what some of the boards and some 'less reputable' investment websites say about companies shortly before the offer comes in.

Given the formal, regulated 'Take-Over Bid' window closed yeterday I was expecting an RNS to land 1st thing today.

If the RNS is going to be a simple, 'cross the Ts, dot the Is' update to confirm window has close and there was not significant activity of interest I think the RNS would have been released by now.

There was a flurry of buying yesterday which may be linked to M&A.

My guess is that as with all deadlines (Think Transfer Windows in football, Court hearings, Brexit deadlines) there is late activity which will have an impact on the RNS update. My overwhelming thoughts are very positive;

In the more unlikely,scenario, the alternative being that their is significant misalignment between how MMAG value the business VS what bargain hunters are wanting to pay.

Never forget that the majority of shares have been held by key stakeholders - The following all have holding over 10% and have not blinked - Private Equity, Founders, Schroders. For different reasons none of these parties would still be holding if the value in the business was not there

For balance I will share my own analysis later this morning on what a worst case scenario might look like here; although pardon the spoilre, but my worst case still puts a value on this business that is materially higher than the current mCAP.

GLA DYOR

Who and what are you referring to GB.

DogFarther - please don't lavish too much praise.

With over twenty years experience in the mobile industry I do have a good understanding of the market

However, I have no idea who pays these idiot trolls, what they are trying to acheieve and whay are they so bad at ot if it is their job?

Please reserve praise until we see the end game here. Hopefully we will see an RNS very soon that provides some undisputable direction to the share price. In the meantime yiur guess is as good as mine - perhaps it will go a little lower. But if you are sitting in PE HQ of II HQ, you are hardly going to worry about a few pence here of there when you have already seen 180p reduction.

If/when I am proved right here - feel free to cover me in glory.And depending on the timing, perhaps join me over @ HEMO

GLA all

Abc - you seem to be so close but keep missing the point.

Your attempt at trolling is a disater mate; you are simply laying it on a plate for the well researched to shoot you down in flames

MM website is exactly TWO sites in one. It has three different cohorts of customers; (1) Sellers (2) Buyers and (30 Thos that do both

This means that the site benefirs from greater traffic

You obviously don't understand the circular economy piece here and certainly don't understand the importance of driving of their supply side. I can assure you that the MNOs cannot get their hands on enough refurburshed device whether that is to sell or to replace phones in warranty period

What fascinates me is that you are trying to question a model that has worked for 17 years and most recently worked better than ever over the recent Black Friday period.

The definition of INSANITY is keep doing the same thing and expecting different results. Feel free to make your own mind up, but it looks like there was a lot of buying activity to today, PIs are increasingly seeing the huge opportunity here.

Looking forward to an update from MMAG on the bid process tomoorow.

GLA

MMAG have great relationships with Backmarket, eBay, Amazon and many other very popular sites with high traffic and low transaction costs.

We have just seen there performance so big sure why there is a debate here. Record breaking Black Friday almost half their Uk tech sources from Kiosk network.

Selling the phones is easier than procuring it. So it shows the value of the Kiosk network.

There is no trading now so big sure why the trolls are still wasting their time here.

I could troll this share so much better if someone wanted to pay me. But I’m much happier fully loaded and ready to find out who is the higher at bidder

GLA

Agree Tricky - It will only drop so much if the RNS did allude to no interest. We are alreasy touching rock bottom.

But i find that highly unlikely

GLA

Just 45 minutes until close of trading.

It's very likely we'll have an RNS before the next opportunity to trade.

Sorry Dogfarther - I only have one approach. Open, honest and will call out BS when i see it.

MMAG was perhapa little 'overvalued' at 193p IPO (£200m mCap)

MMAG is absolutely undervalued at 13p now. (£14m mCAP)

Someher between 50p and 80p feels abouit right - it would leave the owner plenty of upside to build but also would reresent a credible valuation for MMAG shareholders

True, it may be take and RNS to drive a strong recovery of the share price. This share seems to fly under the radar of many.

Very real possibility that the RNS due in the next 24hrs could be pivotal; if my research is correct, as soon as investors get a sniff of the potential price this could rocket. IMHO, at this valuation the downside risk is far outweighed by the opportunity.

DogFarther - maybe he has been withdrawn

Sucked up into the Phantom Zone again

Predict the Closing SP today and the SP at which MMAG will be bought for

I'm going with:

17p COP today

54p Take-Over Price

Good Luck Tricky - I hope this works out well for you

I'm personally not one to use Rocket GIFs - maybe 20 years ago in my younger days, but learned my lesson since and more mature

I will keep an eye open on Twitter to see if one comes along later - I loiv a good rocket GIF

GL chap, thank you

Lets hope we are all rewarded here

If i'm wrong about this one I will probably hang up my investing boots and stick to monoploy

Taking of LARGE buys

A nice delayed £46k buy just gone through at 12.75p (delayed from just before midday)

Repsonse from Robswire:

SlimySid

You are not being fair. It was not made clear to me in the contract that MMAG would unleash an RNS so soon with blockbuster 2023 numbers. You convinced me that this company was underwater and debt levels would be an issue - but the recent RNS shos they have net debt comfortably under control. One of th ewell researched PIs was able to point out that the likes of BT, Telefoncia and Three all take out £100s millions of debt against the revenue streams of their tenured handset sales.

I've genuinely tried my hardest, but there are very few posters on the MMAG forum. The two of which have corresponded are both well researched and can see through the fabricated FUD I've tried to create.

As we kno, the vast majority of shares c800m of the 110million in issue are in safe hands who KNOW the real value of the business. This seems to have gone under the radar of traders and small, inexperienced PIs.

Please take the time to reflect - perhaps give me an easier on to try and manipulate next time. I quite like th eidea of seeing if i can suppress tobacco shares - that seems a bit more feasible.

Yours faithfully

Robswire

Robswire translated - from either Pure BS or Total BS (I'm struggling to know which)

If its Pure BS

His paymasters have had to increase their budget and throw more heads at it given Robswire's pitiful attempts at trolling

or

If its Total BS

Robswire is now posting from multiple alias.

(NOte how many of the posters have just a few previous posts or strange periods of inactivity)

Compare that to mine that have over 2500 comments on many, stocks with consistent approach and tone or the DogFarther with over 3000 posts.or Neil777 with over 2600 posts.

Well that accounts for 25k of the buys?

Where are rest coming from - I just tried to but and was quoted 13.4p for £2k worth