Member Info for Munters

Strap in...hey....IDS.

Wow!! so a director at one of the worlds largest companies in fact one of the top 20 largest companies in the entire world....He decides to join one of the worlds SMALLEST companies...I wonder why!!?

Simon Freer...Chief Commercial Officer of Liberty Global Content Investments

None of the crucial trades are showing.
Selective printing.
There was double whats showing traded.
They play fraud, outright fraud so it is your duty to do exactly the same right back at them.
Just like stealing from Amazon , it's your duty rather than a crime.

You couldn't sell or buy any at all , the most they would take either way was a pathetic 1000 shares but eventually, they
saw that a FOK was going to take it right down so they thought they could use it to spook the market and tank it.
They wouldn't sell any at all until some more was force dumped and then they opened up for a few mins, thats when I raped them.
Small beer but wages to stem the boredom.

Chimers on advfn advised selling this dog at 14.5p last year, was there something wrong with his advice?
Seems to me you would all be wealthier had you paid attention to someone who knows how to invest instead of throwing all your toys out of the pram.Nobody wanted the 'porno' biz so YOU got lumbered with it.
It makes you unsaleable.
Dont see any large buy orders either lol.

As soon as that?
Only news required here is that serial failure DUCKWORTH takes a hint and leaves now.
He will be sacked so he can save us all the trouble and time and save himself MORE embarrassment and leave now.
If he is worried about finding someone to take over I have a 3 month old dog turd that could replace him immediately and instantly add value to the company.

GO DUCKWORTH IN THE NAME OF GOD JUST GO YOU TWAT

They have made over £10m in profit from the TAX deal.
By the time you add the warrants and fees it will be much higher than that as well.

Tax was a solid but slow moving company.
The shares rose very slowly and to get to £1.10 might have taken 2 yrs or more.
So it is a smart move to take that cash now and put it to better use.
It also removes any risk that TAX will have their 'bad news day'
It is my opinion that they sold CTP at the perfect time as I expect it to struggle to find any meaningful growth from now on and that is will slowly drift back to low 40's
They basically own IDE now and have millions exposed to it so will want that sorted out pronto.
God alone knows what is happening at the fiasco known as AD4.
The invisible inept Duckworth has never been seen let alone heard from.
Staff there are completely bemused as to who he is and who MXCP are for that matter.
Only company I have ever come across in my life where you cant phone and speak to a director.
The number they publish on RNS is simply the 'shop' number.
Someone will answer asking you if you need tech support or are a new customer etc, if you ask to speak to a director they don't have a clue what you are on about.
AD4 is a basket case but it flys upwards with little buying pressure as and when it has reason to.
They have to do something with it though as it is a complete joke of a company.
The Liberty Global deal will be at risk of being abandoned by Liberty if they dont get the finger out imo.

But IDE simply has to get all the attention due to the fact that they have poured so much money into it in order to save it.

The price action Rover90.
Price action tells you everything.
It is not languishing down in the low 80's for no reason.
As for having enough cash lol ...yeah like they did in 1999? and 2000 and 2001 and 2002 etc?
They always kick the can down the road and find an excuse to raise more funds.
Last time it was ..errrr we have suddenly decided to buy a company that we already SUPPOSEDLY have enough cash to buy but we don't want you to know it is lumped with massive debt!!!

You mean like that?
As for EUS it is a completely meaningless metric.
Remember REVENUES are bullshit according to Warren Buffet anybody can BUY revenue and they do.
Must I really show you in detail?
Margins are falling as well and that is falling margins on a non profitable business.
Ok look revenue....here is how you buy it.

I sell Ferraris for £1
EVERYONE comes to me to buy their Ferraris my revenues are growing and are massive....
However...I am about to go bust as it is costing me Billions.

EUS is completely worthless.
Only one thing matters.
What PROFIT did they make last year...dont bother it was the same as every year before it it was ZERO profit and mahoosive losses which you lot pay for.
How many 10's of millions of YOURS have they spent over the past 19 years and for what?
Come on now think about it, if they had taken all the funds raised and put them in a post office account you lot would be doing rather well and they would indeed be showing a growing profit.
But they didn't.
They chose to flush it all down the pan.
That's why they keep coming back for more.
They are addicts and you lot are their supply.

I will put a bet on with you all.
My bet (I did this last year) is that they will once again NOT SHOW ONE SINGLE PENNY PROFIT.

I can take such risk because I already know that I have won.

Look , come on now use your heads.
When a company does a corporate open day it does it in order to sell the story.
It wants to impress analysts and potential large investors.
More often than not it is done to test the water for a fund raising/placing.

So....you get 2 crystal clear messages from this failed corporate event.

1.The story impressed nobody and the analysts left feeling completely underwhelmed, we know this as NONE have added and no new ones have joined.

2. They may have some interest but in the upcoming placing so no need to buy in the open market when hands have been shaken at a proposed placing price!! ?

Either of these scenarios spells very bad news for the retail punter.
I think going by the price action that they were simply underwhelmed and decided to sit it out.

However, there are clear signs to me that this lot will need more cash and don't have much choice but to raise funds.
Not for the first time either is it!!

19 long years and not one single penny of profit.
All they do each and every year is kick the can further down the road.
I think there should be rules for allowing a company to list.
It should have a proven track record of profits for 10 yrs min before a listing is allowed and once it has a listing it should be suspended if the company fails to produce any profit at all for a period of 10yrs.
This type of company makes a complete farce of AIM and the stock market.
Think on and think hard, the corner shop near you or even the lad who delivers your newspaper makes an operating profit most likely.
THIS LOT NEVER HAVE.
Had you invested your money in your local paperboy/girl and bought them a new bike they would have returned you much much more in value than this lot have ever done in a combined 19 YEARS!!

19 YEARS FOR CRYING OUT LOUD lol.

It's pathetic and more so the people who believe in such companies.

What you have to remember here is that it is a lot WORSE than you think.
Why?
Well because they had a corporate open day and presented to the "MARKET" and the after effect has been complete disinterest and the share price continuing to tank!!
I mean you throw out your best stuff at a corporate open day for crying out loud.
That's when you sell the story.
Guess what.
NOBODY BOUGHT THE STORY.

That's what makes this so suspect and risky.

It is as if I own a crystal ball.....innit.
Never invest unless you ALREADY KNOW whats going to happen
Insider trading is investing, everything else is GAMBLING. WB.

Munters
Posts: 553
Opinion: Strong Sell
Price: 29.55
KMK
28 Jan '19

Chumpers...

'The precursor to the next placing one assumes!!

Pump out some spurious bullshit order with ZERO details and then...when everyone is patting themselves on the back...

What will it be this time?
Err..we need some cash so that we can err...Oh... I know we need some cash so that we
can bullshit you all and buy sales for another couple of years?'

Ahem.........

Munters
Posts: 552
Opinion: Strong Sell
Price: 29.40
KMK28 Jan '19This mornings price action tells me an URGENTLY required placing is being worked this moment.
Looks to me like the smart money is dumping ahead of it or pre selling?

Just my opinion.
But...
It is an opinion worth listening to unlike 99.99% of posters on here.

Parker helped take Capita to £8 BILLION

So YES of course it is possible.
A few deals and this will be flying if the deals are good ones.
The reason it went to 2p is because of Dobbie and the SACKED STAFF.
These people are GONE.
The new team the dream team of Parker Royde and Smith now run the show.
You buy when a company is at rock bottom and about to CHANGE.
This one is about to change.
It has been kitchen sinked.
That's the best time and the safest time to buy a recovery play.

And of course, last but first in of the 3 amigos is Ian Smith.
Now we know he came in here to rescue his money.
He had left it in the hands of fools and taken his eye off the ball.
Once he realised how lax this lot had been he parachuted himself into the company as CEO and started kicking the clowns who destroyed all the value here out the door.
Then he persuaded Parker and Royde to come onboard but for what?

The amount invested here by Ian Smith and MXCP and Max Royde and also don't forget Richard Griffiths who used to own his own stockbrokers and now invests his vast fortune in companies like MXCP and IDE is more than they would have lost had they allowed it to go bust.
He also upped his stake when they decided to rescue the company.

'Ian Smith has an extensive track record of investing in and managing technology companies and is co-founder and CEO of MXC Capital. Ian has sat on numerous boards and either led or been involved in a large number of transactions in the TMT sector. Ian led strategic change and value accretion at Redstone plc and Accumuli plc and was previously deputy executive chairman and CEO at Castleton Technology plc.

Mr Smith holds no direct beneficial interest in IDE Group, however is CEO and a substantial shareholder of MXC Capital.'

And then a few weeks later Max Royde the founder of Kestrel Group the fund manager and also the founder of a startup and sold at a decent price 'Gresham Computing.'
Why would he join?
We know he is a heavy investor in IDE but partly not by choice was it.
It was that or say goodbye to the money he had invested here up to the point he had to throw more money at it as MXCP did.
Again this guy is no fool.
He will want a return on his investment.

'Max Royde is an experienced company director and co-founder of Kestrel Partners LLP, a London based fund management business whose clients are a significant shareholder of IDE Group. He is a fund manager of Kestrel Opportunities and has been advising and investing in UK smaller companies since 1998. Max is also a non-executive director of Ingenta plc.'

Andy Parker can't be short of cash or offers.
So why is he here?
What made him decide to join this company knowing in advance full well what a disaster it was and what work it was going to take to turn it around.
So why would he bother or waste his time with it?
There has to be a plan?

'Andy Parker is an experienced commercial, operational and financial professional. A chartered accountant, Andy has held a wide range of commercial and finance roles culminating most recently in his tenure as Chief Executive Officer of Capita Group plc, the FTSE 350 professional support services company. Andy has held a number of finance director roles during his career and is a highly experienced public markets board director.'

The Company also announces that Ian Smith has joined the Board with immediate effect in a part time executive capacity to lead the Group's strategic and operational review. Julian Phipps has stepped down from the Board with immediate effect.

Ian has an extensive track record of investing in and managing technology companies and is co-founder and CEO of MXC Capital. Ian has sat on numerous boards and either led or been involved in a large number of transactions in the TMT sector. Ian led strategic change and value accretion at Redstone plc and Accumuli plc and was previously deputy executive chairman and CEO at Castleton Technology plc.



Mr Smith holds no direct beneficial interest in IDE Group, however is CEO and a substantial shareholder of MXC Capital which has an interest in 43,960,000 ordinary shares in the Company, representing approximately 21.90 per cent. of the Company's issued share capital.

IDE Group Holdings plc, the mid-market network, cloud and IT managed services provider, today announces that Bill Dobbie has stepped down from the Board. Andy Parker, current Non-Executive Director will replace Bill Dobbie as Non-Executive Chairman with immediate effect. The Company also announces the appointment of Max Royde, co-founder of Kestrel Partners LLP, a London based fund management business, as Non-Executive Director.


As at the date of this announcement Kestrel Partners LLP holds 36,104,771 ordinary shares of 2.5 pence each in capital of the Company ("Ordinary Shares") representing approximately 17.99 per cent. of the issued share capital and holds £1.65 million of loan notes, convertible at 2.5 pence per Ordinary Share.

IDE Group Holdings plc, the mid-market network, cloud and IT Managed Services provider, is pleased to announce the appointment of Andy Parker as a Non-Executive Director with immediate effect.


Andy Parker is an ACA qualified chartered accountant and a highly experienced commercial, operational and financial professional. Since qualifying as a chartered accountant with Ernst & Young in 1994 Andy has held a wide range of commercial and finance roles culminating most recently in his tenure as Chief Executive Officer of Capita Group plc, the FTSE 100 professional support services company. Andy has held a number of finance director roles during his career and is a highly experienced public markets board director.