Member Info for northernsoul

is still No News. Time is ticking away, expected some more deals by now. DYOR

Held these shares for a very very long time, my next target is 34 p to break even on a previous purchase. They have cash now, which is very positive in my view. Hope they continue to recover, its taken a very long time to get to this stage. lol I expect they will go to sleep again when all the excitement has passed Dyor

Good results in my view. Good cash now and the co appears to be confident about the future prospects. Glad I held on. However DYOR

Or some more shares, make your choice. Dyor

If the business takes off big style it doesnt matter so much. But at the moment it seems a bit rich, however I could name several other companies where the situation is far far worse. DYOR 2 working days and then ????

3rd June, so no doubt Piers will have something to say then. Expecting or more likely hoping for some progress, possibly a current cash position would be good to know DYOR

are these new ones. ie not released as a RNS already ?

Agree with what you say. But hope for the Best. lol DYOR

3rd June so may say more about business then ???

are in September, so should know more by then. lol

That would give eps well over 2p which would makes the shares very cheap. That is if they managed to do it. I havnt seen any profits forecast though. Any ideas about cash flow, its been rather low recently. This business used to have a lot of cash but they used it to buy back 30% of the shares Dyor

I am at a loss why companies would keep over paying for companies that MXCP find. Especialy when MXCP dont have to do much if any work on them. lol It doesn’t make a lot of sense to me. Great for MXC though Dyor

The whole thing make me very uncomfortable with the process. However the share price keeps going up. I will keep watching as the story unfolds as I expect it too. They have a very big plan and are just following it. So DYOR

In mid June. We will see if any progress DYOR

I agree Fully with your comments

Then the next phase buy out the original holdings so even more shares issued. DYOR

Having a problem valuing this co, as normal PE's dont seem to apply. It trades the co its holds stakes in over a long or short period to make profits. It does other things as well with skill. But how to value it, that is my problem. Its easy to make profits this way in a Bull Market which is where we are right now. But what happens in a bear phase when prices fall significantly. I guess if it holds cash in that situation it wil be able to buy stakes much cheaper so it may do very well. As it has stakes in several companies so the risk is much lower. But how to value it? DYOR

96.77 % is very good, bodes well for the company. IMHV DYOR

not enough for control, so must have other plans for its future. ????

Agree all is not yet lost, but they do need orders. I am sure the co is working very hard to achieve this. However DYOR