Member Info for Lothbury

Thank you Leerh for providing some interesting detail that gives hope; specifically that MoS will hold one of the last licenses to be issued. I read the Irish Based research house (ERV) latest White Paper on LATM on-line gambling and about Mexico. I think this may interest MoS shareholders.

Recently, there have been more legislative changes, aimed at enhancing government oversight significantly and reducing dependency on physical gambling establishments. The end of 2023 saw a ban on slot machines in physical locations, affecting both existing and new installations. New concessions have been halted and existing ones can go on for a maximum of 15 years. If these rules hold over the next few years, experts foresee a drop in gaming tax revenues of up to 90%.

As expected, this measure does not impact the online segment, which is projected to reach 70% growth over the next three years, potentially hauling a revenue of USD 4.63 billion alone. The majority of Mexican gamblers, a tech-savvy and youthful demographic, are expected to increasingly turn to online platforms due to the recent legal changes.

I hope that some of the 190 “Telegram” group join thus BB and give us hope…

Good morning Citi. Firstly; my apologies : MoS is buying (hopefully) 74.13% of Estadio Gana that it doesn’t already own > not 90% as I said. So the valuation is even further through the roof…!! Secondly, if I knew the answer I wouldn’t be asking you. It seems clear from your reply that you do know the answer to my question. Please elucidate.. we all want to know. Thirdly, I didn’t know you were the new James Bond ..if you tell me then “I would have to shoot you…”. This is all secretive MI5 information. My PA, Ms. Moneypenny isn’t amused. So, I asked you for an update as you seem to be “in the know”. On the 31st March 2025 the Chairman, John Barker, wrote to the shareholders and made some very interesting comments: [1] “the Company will continue to update Shareholders in due course…”. Silence so far as we can only presume there isn’t anything happening worth “updating”. [2] He further says “there can be no certainty that the Proposed Transaction will take place…”. I fear this may be the case. [3] “The Company will need to raise additional funds to fund the cost of the Proposed Transaction …”. Are current shareholders going to be allowed to participate in this round of funding or will we just have to accept another huge dilution? What happens if the deal doesn’t go ahead - there will still be huge professional fees involved to pay. How are those going to be funded or will that be the end of MoS? And finally, the basis of the deal seems to be centred around an article in a Buenos Aires based magazine (Yogonet Gaming News) about the possible increase in the Mexico gaming industry. So Citi.. please tell us your thoughts why this deal and the future of MoS is going your way be successful… And what the effect will be on the share price because of the fundraising for the costs of the Proposed Transaction. Thank you.

Good evening Citi.. let me help you with the maths but first of all you can’t suggest that the huge increase in the 90% value of Estadio is down to currency fluctuations. That would make the Mexican Peso stronger than the Swiss Franc or the Greenback. That just doesn’t wash. So let’s turn to valuations. In December 2023 Estadio was effectively valued at £2,228,000. Mos bought a 10% share for £228,000. The deal suggests that the balance of 90% (valued at £2,052,000) has risen by £63,000,000.; a 2,970% increase with no earnings or assets to show…! Citi, you have your fingers on the pulse with this deal… how can Estadio, that has no earnings and no assets, suddenly increase in value by nearly 3,000% in 15 months?

In December 2023 MoS made the following RNS ..” Mobile Streams of Mexico, S.de R.I, intends to pay MXN 5m (approximately GBP 228k) to obtain a 10% shareholding in Capital Media Sports..” MoS are now laying £63 million for the remaining shares. How did this investment go from £2.3M value to £65m in such a short time? That’s the conundrum..

Yes Citi; I could be surprised and even more surprised if the quotation is reinstated….

I suspect the main issue that is causing the delay is how to justify the huge valuation that has been put on the Mexican company. I don’t expect any news soon and it wouldn’t surprise me if the deal floundered.. regretfully.

Fingers crossed we get the quotation back.. it would be nice if the MoS could ask the “Matched Bargain Bookmakers” to include MoS. At least that may give us some firm if dealing capacity.

Mrcautious .. “boom” ; wrong context.. Kaboom. SP from 4.60 to 0.9.. awful results; change again in ceo (again); going nowhere in a boom industry. Ever since they’ve bought the company from Marvell they have achieved nothing except a huge tax loss. Shame; great product and people who had their company destroyed.

Good morning Citi and thank you for clarifying your position. Every deal is unique as will, hopefully, the Estadio and MoS proposal. However, we cannot rely on what is happening with other established betting companies in Mexico, such as Bet365, to proffer hope on the current RTO being completed or future trading prospects. I thought you had heard reliable information about how the deal was progressing. I must have misread your posting.

The fund raising is one huge dilution… paying creditors with shares : whatever next. Any future client of size and value is going to ask if this company is going to survive .. and probably won’t place any sales for some considerable time; just in case they go bust. Don’t think this company is going anywhere; regrettably as the previous owners seem like responsible good people.

Good morning Citilidie.. I trust you had a good weekend. I was most interested to, this morning, your comment if Sunday. Your continued robust support of MoS seems to be predicted by knowing what is happening behind the scenes (clearly having been paying attention to what is going on behind the scenes ..). Please help us who are rapidly loosing faith in MoS by telling us what is happening “behind the scenes..”. This isn’t prices density information as the quote and Listing has been suspended. And, please, don’t quote what is happening in the Mexican betting market : we can all research and see the jv’s being completed with the likes of Bet365… It’s the “behind the scenes”‘I formation on the deal and MoS please…

Or J P Jenkins or Asset Match….? If suspension is going to be that long then it would be nice if a “Matched”Buyer:Seller facility could be arranged.

In the meantime perhaps Brewin Dolphin could provide a market in the MoS shares through their Matched Bargain Market?

Wow RT0003. Who is “ Druid”? I am a shareholder. Never met Buckingham as I became a shareholder after he left. I bought on the hope of new management making this fly without too much dilution…!! If at all possible RT003.. try and concentrate on the issue of MoS and refrain from throwing around unsubstantiated nasty comments in the hope that you manage to divert the conversation from the real discussion. So, are you prepared to enter into a “Put Option” at .80p per share? On the considered view of the share price - you’ll be getting them cheap… Have a great weekend..

RT003: Every reader, including myself, of this page will hope that your predictions come to fruition. Would you consider a “put-option” at 0.80 (leaves you a profit on your predications)?

Citi .. I’m sure everyone hopes that your sentiment about the sp future happens.. I certainly do but I still hold my opinion and hope I am wrong.

Sandyman.. without the Abdullah’s money and then determination to get this right : there would be no Petards. Wait to see how the recent acquisition is progressing before judging.

Good afternoon RT0003. I don’t use Hargreaves nor Jarvis so I don’t know what their charges etc are. I use Goldman and Cazenove on a part discrepancy part non-discretionary basis with a nominated CA .. who charge nothing. I’m looking forward to your answer: I’ve set out what I believe the position to be..

RT0003. Any good broker won’t charge you a penny.. it’s a calculation, if you have the knowledge and experience, you can do in less than 30 seconds. Any other “bright” replies to this conundrum RT0003? Let’s start off with one question we all (I think all) would like your valued experienced opinion on : On the basis that the deal is done; what do you expect the opening share price to be?