Member Info for KNIGELK

Peso to Dollar - last six years exchange rate
2013 4.948 5.009 5.087 5.153 5.236 5.330 5.440 5.581 5.737 5.848 6.012 6.338
2014 7.055 7.862 7.926 8.001 8.039 8.127 8.159 8.317 8.419 8.479 8.514 8.551
2015 8.600 8.684 8.780 8.866 8.948 9.043 9.140 9.242 9.365 9.486 9.628 11.387
2016 13.611 14.797 14.909 14.421 14.132 14.102 14.910 14.842 15.088 15.184 15.343 15.843
2017 15.893 15.577 15.527 15.344 15.695 16.089 17.150 17.425 17.231 17.459 17.493 17.723
2018 19.017 19.854 20.232 20.268 23.669 26.534 27.625 30.125
Obviously this year it has really got worse but for six years there has been a steady depreciation - hence why I recall results mentioning the currency back in 2014..2015 etc.

BTW I am not ramping MOS - I have made it clear I am a shareholder. I have made it clear its very high risk.
However at 1p the market value is equal to cash held - nothing (!) has been factored in for the business model - rightly or wrongly.. so a hold imo at the very least .. there will be a fund raise at some point but also some chance of making some money here due to the wild swings as you will know if you have been around a while..

Touched a nerve! Well if you dislike this company you can at least say why.. held before and lost funds here?
As for the currency I KNOW this has been a reason given for previous period drops - been here a while too!!!

Who cares if poster x, y or z has sold and wants back in.. I don't. DYOR and make your own mind up!
Sometimes people sell because they see a better opportunity (in the short term) elsewhere .. maybe on a RNS.. then they buy back in a few days later.. I have done it plenty of times myself.. we don't need a diary of who made a purchase on x date and sold on y date AND the fact is that 99% of the time the share price moves due to volume and news flow not BB comments!! Maybe LSE should introduce a new field stating whether you hold, are interested or are a non holder but I find the opinion bar is enough info to know the agendas of most posters - don't you?

Well MOS have survived previous dire drops in the Argentina currency .. of course needs to be factored in.. I am surprised tbh why they just don't focus on India (and why not China etc) .. maybe they think they are now well known there so might as well gain a bigger foot hold. I only have a small holding but continue to hold as this share can double overnight on the right news.. out of interest.. several new posters today who obviously will not be buying - so what's the interest???

Miller1972, to be fair posters have been saying times up for MOS for the last 2-3-4 years.. the 30th June trading statement: EBITDA* loss reduced compared to prior year, as anticipated; Net cash o £1 million and revenues in India increased by approximately 25% to £0.5 million, with active subscribers** of more than 250,000 (2017: 200,000).
Agree still too slow and another fund raise will have to happen - probably early next year (maybe a share consolidation too).. and I agree this company is very high risk.. however five partnership RNSs since June shows the company is at least trying to move into high growth areas - it depends if the company has enough time.. note overheads have been cut too.. the next trading update will be key imho

Whether this eventually comes good or not .. it certainly has not been a laughing matter...

You have a point that not all partnerships require a RNS - but if a company decided to keep developments to itself OR there was no RNS for 5-6 months - shareholders would soon be complaining.. I have rather constant news flow that zlitch.. As for this RNS - good idea just probably not this right country .. maybe they are testing the waters before trying it in India.. I suggest non holders read the last 3-4 months RNSs.. some updates have been interesting re game apps and some less so BUT what is certain is that the management has been very pro-active during the last six months - and hopefully at least some of these partnerships will generate revenue. BTW cash is a little more than £100k .. more like £500k so no urgent need (imho) for a fund raise - probably Q1 next year. Maybe the company might try a different route to raise funds .. warrants.. CLNs etc. At this price = the company is either going bust or we will see a decent recovery over time ..even going back to 2p is 100% ..

Sorry but any takeover will not be at 50p. Say company makes £30 million next year.. times the PE by twelve.. this gives a market value of £350:million or around 27p per share. Include the debt, leases etc. Only profit improvement could justify a sp near 50p in the short term. Also t/o offers are rarely more that a 100% premium to share price. I think Debs may be oversold but 20p would look fair value for now imho. Of course MA might be daft enough to put in an offer way more than he needs to but I doubt it...

Late Sports Direct RNS stating no intention to buy Debenhams .. at this time. Makes you wonder why they don't just dump their holding then..

Islandgirl, there has been occasions when this thread has been active - it might happen today if the share price goes up 50% - I might add early this morning (if i can find some funds lol) - because imho the share price looks/is undervalued gl

Agree, you can trade and buy the shares now if you want to - however you get more exposure being on a main market and more access to liquid paper - probably the key reason why more deals have not yet taken place - an update must be pending..?

What a great update and improvement on the prior year! IMHO the share price does not reflect any of the recent developments we have seen with the company .. maybe it will start to later today?

Thankfully the share price is starting to recover ahead of more (good) news... already have enough CLP shares but good luck to all shareholders - we deserve it!

Lefkosia - there's two points to factor in 1) who can tell the future? How easy is it to scan across the stock market and pick a share at (say) 3-4p and decide it is going to be a multi bagger and be worth £2 in x years time - also who holds this long? Not many.. 2) very few people buy a share at rock bottom and sell right at the top .. it's usually somewhere in-between. Yes, with Whetstone buying at 5p (in hindsight) was obvious re making a good profit but who knew 34p will be the (current) high? What now? Is 30p still a good price to buy - will we see £2 by 2021? It would be a brave person to put any prediction on this share - or indeed any share imho gl

Great recovery today - maybe the Chairman going on the BBC might have helped.. Any director purchases will also give out a good signal.. as for the dividend - it has to be cut - I guess it depends on whether the company thinks 2018/19 will be similar or worse re profits

Probably Debenhams have been benefitting from the HoF saga ... the first target must be to stop like for like sales being lower than the prior year.. re closed period - thanks for the clarification - I always presumed it was straight after the year end (2nd September this year?).. happy to be mistaken gla

Probably Debenhams have been benefitting from the HoF saga ... the first target must be to stop like for like sales being lower than the prior year.. re closed period - thanks for the clarification - I always presumed it was straight after the year end (2nd September this year?).. happy to be mistaken gla

Oldtimer, isn't it the pre results .. post year end .. closed season? ie. Directors cannot buy or sell during this period, Also may explain why company is not rushing to provide another update ..

Pokerchips - agree that the company does not need to comment on media gossip ... sometimes a company will update the market on a weekend story and sometimes they will not. Why I think a clarification statement re advisors might be useful is for the simple reason the share price has fallen 16% this morning - the shorters are in full cry (see the other BB) - rumours are being seen as fact (CVA etc) - and the share price weakness will continue imho.
So the company can choose to remain quiet until the reason but can it afford for the share price to fall much further? BTW a 20% drop usually triggers a "reason or no reason for SP movement" RNS any way..