Member Info for LOTM-13

Hi 2phevs I wonder if that 300k was you then ?

Oh mine isn't coming from the sides or the back of the sofa!

I've made a decision & that will based on the share price at the time etc & time will prove if I was right or wrong with it.

If the ii's did meet with the chairman last week then they are not going to be able to trade the stock at all until the market has the same info that they were privy to ...............

LOTM

The buy-back didn't happen on Monday because it was a USA holiday !

The same thing has happened previously.

I was interested to see if the new buy-back instruction to Peel Hunt meant it was more independent from the company in making decisions than it had been previously. The answer seems to be not as much as I expected, otherwise they would have bought some stock back when the market was open.

LOTM

Hi 2phevs I'm interested in knowing whether the meeting took place & the topics discussed !

I wonder if they were furnished with minutes of the AGM !

I was searching to see if there was any new Mirriad news, I can't find anything other than investing dot com Australia indicating that the interims are due on 11th Sept. That's an awfully long time needed to count to £400K !

No idea if that is accurate date wise or not. If it is then I might get one last buy done before then, we shall see.

LOTM

Well 2phevs that will give you more info & idea's to fire at the CEO & see which ones he dismisses, which he likes & which he will talk about to some degree!

Maybe he will be there in person ..................

LOTM

Hi 2phevs,

Another fab find of yours, but I think this follow-on link kind of explains it better I guess for readers

https://brandtrack.pro/the-most-spotted-brands-in-august-2024-visual-and-verbal-product-placements-uncovered/

Also they are only counting 1 showing per show/film etc so if there are 3 VPP's in the same one it is only being counted as one. We will have to hope the research gets extended to cover Virtual PP as a separate category in the near future.

I'm then left thinking why are we not targeting Nike & Adidas if they are doing all this Visual PP ? we could be doing Virtual PP for them, thus reducing there costs & lead times.

I wonder why Pepsi & Charmin aren't on the list ............

LOTM

Morning 2phevs :)

Sadly the link doesn't work for me , but another advertiser in the drinks industry will help lift the revenue number & increase competition.

Another no RNS day by the looks of it :(

LOTM

Another healthy buy back at a good price compared to the last issue price & the total shares in issues are back below 49M once more.

Hopefully they buy back a similar sort of number today (if not higher) depending on the sale volume for the day of course.

LOTM

Hi 2phevs,

Do you know if that ii meeting took place last week or if it was postponed ?

We are now 9 weeks into Q3 & not a single official word from the company, which is quite shocking to be frank. I wonder if next week will be any different ..............

LOTM

Another one just posted .................. but again using an old image, why are they not using newer ones!

https://www.linkedin.com/posts/mirriad_hispanicheritagemonth-hispanicmarketing-activity-7235277651454611456-9_bC

Which then takes you to https://blog.mirriad.com/virtual-signage?utm_campaign=Q3%2F2024%20-%20Hispanic%20Heritage%20Month&utm_content=306018903&utm_medium=social&utm_source=linkedin&hss_channel=lcp-1890509 if you click on the link

LOTM

Hi TheT,

Thanks for taking the time to try & explain it in great detail.

I understand what your saying but quite often the "real quote" is way inside the official quote . In the example I believe all the trades on Wednesday were buy's by investors from the MM's ie the 600K & 2 x 250K & 518K as well, none were sells even if the stupid software thinks they were.

As you say no point arguing over it, there are far more important things going on than that with Mirriad. So lets just say we agree to differ on it & that's that.

So what brought you to Mirriad ? where did you hear about it ?

LOTM

Hi TheT,

Nice of you to join us, but I'm sorry that is just a load of rubbish to be quite frank ............

14:18:35 518,610 0.5777

14:18:09 250,000 0.548

14:18:08 250,000 0.548

No way would someone have put a limit order in for such a price so soon after the previous 2 buys, which pushed the price-up in themselves. If they had put in a limit buy order between 14:07 when 600,000 shares were bought at 0.547p & 14:18 at the limit price your talking about it would have been filled instantly.

They were offering 0.515p for a Million shares straight after those trades & 0.5215p for 0.5M shares. Within 15 mins of that they would happily give me 0.52p for a Million shares for the the rest of Wednesday afternoon.

They were needing stock at that point in time & you were then looking at 0.585p for just 35,000 share who knows what it would have cost you to buy 0.5M shares.

Any so called limit sell order on the book at under that price would have been triggered then.

LOTM

Interesting debate going on about the reason behind they buying etc ...................

Personally I took it that Crescent & the seller of the new deal that's going to include $35M of stock, actually wanted to own DEC stock & that they either saw long term value in the shares or thought the share price was very depressed & that at some point in the future it would rise significantly above the nominal price they got the shares at.

Now DEC may view it that there in for the medium / longer term or they might think they'll sell out once the equity is well in profit either way doesn't really matter for what I think DEC's motives are .............. They would rather have issued Crescent with another $30M in cash borrowed from there lenders as that would be a much cheaper source of finance than having to pay the dividend quarterly on all those extra shares (close to 5%). Crescent didn't bite & held firm in what they wanted.

So DEC is now making the deal work in there favour, they've borrowed the money from then lenders on normal terms & are targeting to buy back the shares as quickly as possible & hopefully saving money in doing so. They also have the prospect of an additional benefit down the line. If Crescent & the new seller do decide to hold onto there shares for a good few month's, then every share currently bought back is shrinking the current free float in the market giving the shorts a much harder task in keeping the price depressed especially if the overall pool is down 10% & the free float pool reduced a lot more than that in percentage terms.

DEC to me are the winners in all of this & shareholders from the savings made etc.

The one question that still remains to be answered is why has the DEC buy-back notices not been adjected to reflect the new number of shares that are actually in issue & have been since 20th August ?

LOTM

Looking at today's trades ...............

Well the 2 x 250K sales are probably the sales of 2 x 250K buys yesterday ..............

The 518,610 sale matches the exact same sized buy yesterday 7 with it a near 15% loss .............. ouch

As I said someone is playing games & watching this stock like a hawk.

LOTM

Yes that was a much better buy-back figure 76,205 at £9.35

So that saved them over £76,205 because the shares they issued to Crescent were at over £10.40 a share & they also don't have to pay the dividend on any of those shares either.

They've now bought in around 290,000 of the 2.249M issued to Crescent ie around 13% in 6 days.

LOTM

Sorry been at work, this has just been posted ..............

https://www.linkedin.com/posts/mirriad_hispanicheritagemonth-hispanicmarketing-activity-7234914366024794112-EqE1

LOTM

A few buys suddenly & now its 0.585p to buy just 35,000 shares & I can sell 500,000 for 0.5215p or 0.515p for 1M.

LOTM

If you look at yesterday's & today's trading you'll see that the 420K trade yesterday was most likely a Buy followed a sell about 40 mins later! (unless the exact same number was just a co-incidence)

Then today we had sales of 200K, 500K & 600K pretty close together timewise and all matching the size of trades yesterday! those are much more common sizes to trade but never the less seems a co-incidence as well

Then there is the 352,061 sale well that matches exactly a buy yesterday! & therefore unlike to just be a co-incidence!

So why was someone or more than one person willing to buy & then sell at a loss so soon on these trades ?

Or were they just hoping to stimulate others like me to buy shares & then be able to sell from there larger unknown holdings in the newly created volume?

Well it certainly caused me to have to speed-up my plans :(

After all that we still have more buying volume than selling volume today thus far.

LOTM

Hi 2phevs,

Yes I know the 2022 interim results were released much later than the 2023 ones, however if Mirriad are a "turn around story" then before starting to release the positive news you want to get the last of the negative stuff out of the way ASAP & we know the 1st half revenue number is terrible, so the quicker the interims are behind us the better.

They don't seem very happy about my latest emails by the way, surprise surprise!

LOTM

Looked at my holding this morning, the 5.5M shares have cost me a total of £59,299 including costs, so I need around 1.1p to reach break-even.

LOTM

Hi 2phevs,

Neither of the Dentsu links worked for me :( but hopefully its the start of something else!

hmm I thought the interim results might have been out this morning! after yesterday's buy but no the wait goes on :(

LOTM

LOTM