The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Agreed. With Christmas upon us, would like to see some value which allows us to buy presents "timely". I like to do my shopping at least 3 weeks prior to Christmas!!
.shopping was purchased for $40 million (I seem to recall) just for the TLD. Wonder how well it�s doing. Nowhere near as well as .vip!
"Premium" - needs to factor in TLDs yet to be released. .shopping (Chinese) should be worth a few quid. Remaining auction, if lost, would also bring in substantial one off revenue.
That's a cracker of an RNS! Now let's get .shopping (Chinese) out as our next launch TLD and make the MIIT approval process count.
Less than 3 months to go to financial year end. Surely a surge in .vip is on the cards to take us to the magical million!
Personally I'd release .shopping (Chinese). No better time to announce that than Namescon event next Thursday. What's the views on .boston registrations? 15k-20k within two weeks of general availability would be a fairly measured result.
�NamesCon has partnered with Racënt to bring NamesCon to China for the first time, touching down in Shanghai�s Xintiandi entertainment district on October 12, 2017. We�ve got a full day of keynotes, panels, and sessions in the works; closing out the day with one of our legendary domain auctions.� Let's hope "8.vip" forms part of the auction. Namescon China appears to be the right place for it. Let's have a 7 figure $ reserve on that one please!
Sale volumes have been fairly nominal since the announcement both in terms of physical transactions and value. I feel there are a fair few investors waiting to see what the outcome of the strategic review will bring. Regardless, We are almost half way through H2 and the figures are pointing to solid operational profitability - not a question of if or when but more, how much? With .Boston launching imminently, premium inventory still selling and October being a busy month in the Domain Industry calendar, there's a lot to look forward to.
· Domains under management increased 34% from 31 December 2016 to 1.1million registrations at 30 June 2017*; *excludes approximately 200,000 committed registrations outside of China
Love the psychology! That last sentence was an epic!
I hope 'near term' kicks off from next Tuesday!! Would be great to hear something positive comes from the review and that one of the interested parties are interested in pursuing matters further.
Forward thinking article.......literally!!! Dated 21st September.......which is tomorrow!? Unless it's hot off the press and written by somebody living in a country +4HR (+) timezone. Singapore? China?
I'm sure the interested parties would be privy to the company's management accounts during this process of due diligence. One wouldn't expect them to be surprised by H1 income particularly if the income is put into context - understanding why the company achieved what it did during H1 last year. As for a 4 month period of due diligence.....that's actually pretty good. Whilst I've personally experienced a 3 month period of DD when selling a company, there were reasons for this. Ordinarily, 6 months is more than an acceptable timeframe. If we achieve an outcome, whatever that might be, I do not see this being negative just because we've taken 4 months to conclude.
You must have a better phone than mine as the trades aren't showing on my phone either. I'm not using the phone app but the desktop version on my phone.
Has anyone else noticed that trades between the 9th and 14th appear to be missing on LSE?
I would be a little disappointed if the Board turned down an offer of 25p but alas, if it did so, as long as there's an immediate dividend and evidence of an ongoing dividend stream, I would be happy to sit tight and see the company grow. I'd very much like to see .shopping (in Chinese) feature this year also.
No doubt the MMs are on a fishing trip for shares. not sure you can justify a 4% fall in SP on such small volume, unless there are delayed sells in the background. That said, they could well be order filling so wouldn't be surprised to see some delayed buys later.
The only bit of your message I'm not in favour of is using cash to acquire more at this stage. The alternative to there being no sale / merger etc is dividends. Simply acquiring more TLDs to generate revenue will leave us all waiting for tomorrow. My preference is a sale based on forward potential. I wouldn't be oppose to a merger if, in real terms, it reflected a comparable benefit to an all out sale (at premium). Failing the above, we should continue as we are - driving growth from what we have; losing auctions to collect cash and then reviewing how we spend that cash....with regular dividends featuring highly on the agenda.
I recall the .shop TLD selling for $41.5 million at auction in Jan 2016. Bought by a Japanese Domain name company (GMO). To date 276,000 domains have been registered for this TLD. Not sure whether a low price / freemium initiative was run to promote this but regardless, compared to .vip, it's nowhere near in my book. Question is, what value would you place on .vip alone?
From only 60% of premium inventory allocation this year thus far. $2.8 million in the last 10 days alone!!! Hope 8.vip is still to come!