Member Info for Jal74

Apologies......misread the RNS. But maiden profit for sure.

$2.1 million.........nice!

Would have to agree with Bally on CFO remuneration. FTSE 500 CFO's earn about that much and we are quite there yet! I often feel director remuneration for AIM listed companies are very excessive - CFO at MMx being no exception. Challenging but achieveable Share Option awards better align director remuneration with shareholder interests. With regards the surge in registrations towards the end of last year and the subsequent slowing up. I feel the company should just crack on in earnest regardless of the ongoing review. We've started a new financial year so ensuring income continues to steadily build on H2 2017 and exceeds H1 2017 LFL sales is imperative. An operational update is much needed. I'm sure there will be one forthcoming in January but sooner rather than later would be beneficial.

Happy New Year to all! A revenue RNS would certainly be in order to bridge the gap between now and year end financials being disclosed.

I see Alibaba have acquired 120k of .shop domains this week. I wonder if they'll stop there? Should bode well for .shopping (Chinese) if it is released.....eventually!!

Yes Sunday. Was hoping for a few more .vip regs to see if the magic million could be breached this side of 2018! Great to see .London and .Law cranking up! Are .Law domains still selling for circa $100?

I disagree on the divis front as. An exceptional dividend could easily be afforded during the course of 2018 FY. Our cash reserves should be increasing and I see little point in the company looking to acquire and new additional TLDs or existing ones that may come onto the market. As for the SP. Whichever parties have expressed an interest one would hope they came to the table with a starting offer albeit cheeky! If the review is still ongoing then clearly the parties are still at the table and considering counter offers. One would think the Board are selling 'future potential' rather than what the indicative EBITDA and balance sheet currently show. If the parties who have expressed an interest cannot bring the right price to the table, they can try and secure stock on the open market and push the price up by doing so. We've always said the stock lacks liquidity but as soon as this returns, SP movement is very fluid.

Successful review in my mind is an outright sale or major operator makes an offer for a substantial stake (51%) of all current investor holdings for a 'significant' price per share (say 25p+). If no review is forthcoming I see no reason for the price to fall if the directors are prepared to back up the operational profitability of the business by awarding dividends be they 'special' or 'annual'.

What would be interesting to understand is what income is generated by those operators who currently own a greater market share than MMX of the nGTLD space. I'd guess their income is proportionately less but would be good to know for sure. I think it's imperative to get the New Year off to a good start. News on registration improvements (new releases), income generations (regs + auctions) and investor sentiment (successful review conclusion / dividends) will certainly get the SP up. Ultimately the company needs to show consistent income growth. How it achieves this is very much down to managing when and how much income is reported six monthly. Little point in going 'all out' only to run out of steam and risk compromising income in future periods. We've had great success with .vip. We need to achieve this across more of our other TLDs. Not suggesting some of the others are not profitable but perhaps not as many as we'd like. TLDs like .fashion cost a fair old whack and will no doubt require more registrations to achieve breakeven. Maybe the cost of .fashion has been achieved through selling premium .fashion names alone. Difficult to say really. 2018 will certainly be an interesting year for MMX!

If they sell it for half that amount, that's the operating costs covered for next year and the rest is gravy!

Judging by the prices paid in the article Norrab posted earlier I'd say 8.vip would be worth a fair old whack! I appreciate big bucks have been paid for 'brand'.com domains but .vip does appear to resonate well in China also. Certainly over a £million I'd say........the sought of money a Chinese businessman would blow in a casino on a given weekend!

Maybe the Chinese New Year would be an opportune time to auction this. Maybe Jack Ma would like to part with his cash for what could be the single, most prestigious domain name (of the nGTLDs) to enter China.

...a Happy Festive Season to you all! Nice to see some strong progress on .vip and other TLDs over the last few days! I'm willing .vip to reach 1m regs by 1st Jan. The growth didn't materialise today but still a chance over the next 4 days!

Now if Alibaba.com Singapore were to take as many as Alibaba Cloud Computing we'd be a few shy of 1m .vip registrations!! Interesting to see just how many they'll register prior to year end and what the final income (and profit) for 2017 will be.

Who? Santa?

Now that would be good! Something has to happen on that front before too long!!!

If Alibaba can take another 185k before the year is out, that would be good an exceptional effort!!!!

All good but sincerely hope the outcome of the Review is determined quickly now..........preferably before the New Year!

+ cash + TLDs yet to be released......or has that been included in your price assumption?

Would prefer an outright sale if I'm honest. If it was a merger which operators out there do feel we'd merge with?