The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Good morning Toffeman123”.. brain in reasonable shape despite Rioja being consumed in copious quantities..! My questions are seeking fact (not expostulating fiction like buy : but : buy). The answers will either positive or negative. I hope this resolves your conundrum. The problem on this BB is that no one seems to be able to provide any answers to simple questions; nor fa tusk reasons why you should buy Shares in MoS… Regrettably, I fear the “Numbers” that will be released shortly (hopefully) won’t help us having the confidence that we truly know where the company is currently positioned for the future. But, Toffeman123, please enlighten us all with your considered opinion where the Company is headed; will it need a Placing / Rights and why; has this company turned into a lifestyle business for the few who took cash for Krunch and now are trying to get a business going (incidentally, exactly how important is Krunch to the intrinsic operation of the NFT business model). Guzzler asks a pertinent question about attendees at the recent meeting. If FedMex and the 2 Agencies didn’t attend then it’s a busted flush because it is of no consequential importance.
Good morning JP:: glad to be of service. Your postings indicate that you have strong views on the future successful performance of MoS. I have to presume this is from your own research and DD and not “Inside information”. Could I ask you what you think (guesstimate) the EBIT or EDITDA will be at the ye 2023 please and the probable increase/decrease in Shareholder funds? Thank you.
No JP :: Down at my villa in Marbella … late night with friends at the new Peruvian restaurant at Puento Romano … too hot for golf … so, it will be a late night tonight… rather than trying to get people to buy these shares with unfounded scare tactics - why not propose a discussion based on learned considerations. What do you think the EBITDA could be at year end?
JP :: I have never made any personal “attacks” against you. If all you can reply with is “bed-wetter” then, I regret, you have not participated in a sensible manner to this discussion and therefore I can’t take you seriously… and before you make any other derogatory personal comment : I was the Main Board Director of one of the oldest Merchant Banks responsible for Corporate Finance - so, by what I have read in your postings : I have more experience in 3 days at work than you have had in your lifetime, in these matters.
JP :: until the BoD make a statement regarding their financial position - and a significant statement about the future - it would be unwise to purchase any shares. There are large sellers out there, so we have to ask ourselves why this is happening: especially if these are management or “client” issues shares.. why are they dumping now? Caveat emptor..
So many opinions / both positive and negative .. at the end of the day is if the product has a market following and demand. The BITSO deal will show if there is a market for these types of NFT products. Fingers seriously crossed it all works out..
ME must be hoping that a bid comes in for Mos; any bid or that the money just doesn’t run out too soon… no chance of a Placing in today’s market or the state of the company… There is no support for the share price; so it will find a floor at around .02 and stay there…
Ask a simple question based on ME statements to shareholders “where is the IGS revenue US$900,000” and not even the rampers can respond with any positive comment - nit even “wait and see”… because I regret to say : there will be nothing to see from IGS other than a goodbye and good luck note to ME.
The last set of results were issued on the 30th December 2022. On that day the IGS deal was also announced stating the anticipated 6 monthly revenue of US$900,000. So, there have been no RNS statements or audited/unaudited results since the announcement of the IGS deal on the 30th December 2022. I’m hoping that the unaudited annual results for the period ended 30th June 2024, that are due at the beginning of August, will show huge revenues from IGS …. Does anyone know how the agreement with IGS is progressing?
RB (excuse the abbreviation); You are right in the assumption that I am asking the question … “has IGS produced the anticipated Revenue of US€900,000…”? If there is no Revenue then there is no point in renewing this contract nor of having hope that it is going to be a good deal. Can anyone please tell me their VIEWS :: Has IGS performed with its Revenue projection?
Good. Morning RoleyBirkin. There’s a difference between fact and fiction so, in reply to your latest comment :: I don’t care of ME is on a jolly to Mexico; the States or stuck on the M25. Could you help me with these questions please? Has the IGS deal, for the 6 month period to the 30th June 2023, produced revenue of US$900,000 or more?. If not, has IGS produced any Revenue and do you have a “guesstimate” what it could be (from your own research and published sources as there is no announcement from MoS); the IGS deal is a significant transaction so, if the contract has been terminated/not renewed, shouldn’t this have been announced on an RNS - so, can I presume that the IGS contract is still in place? I appreciate that a “guesstimate” isn’t hard fact but you seem to have your finger in the pulse and can help us all with more detail. Thank you.
In December 2022 (6 months ago) the following statement was made:… “Under the terms of the contract, IGS has committed to deliver minimum revenue to MOS of US$900,000 over the six month term..” Has IGS delivered any revenue and is this deal now consigned to the dustbin?
Centurion should be good .. tough course with a handicap breaker Par 3 on the 14th :: I will still be down in “Marbs” when they plan @ C’urion. Played the 18th at Trump Aberdeen last week from the Blacks :: bust your gonads on 651 yards Par 4… got down in Par (don’t remember too much after that as many drinks flowed in celebration). Have a good weekend everyone and I hope that the so stops falling every day.