Member Info for Rocka999

Watch the 50 DMA, its on the drop again now but should push on again I believe to achieve a new high

I'm no expert on charts but there does appear to be a pattern there

It would be prudent to bank some profits now, too much uncertainty in the world. We are definltely on the crest of a wave here but it could soon come tumbling down.

Well I would like to say I told you so and I did on the 15th December last year. They do not have the cash in the bank to achieve anything meaningful in regards to capital which I did point out in my previous post. Any large capital projects need funding by either the shareholders or they borrow again leading to increased financial costs which then leads onto the current legacy issues around debt which you've another 6 years of yet.

So the increase in the SP has lead to yet another fundraiser and once again the shareholders pay the price. How many times are you going to put up with this nonsense? Its rinse and repeat which has been going on since the company was created.

I guarantee this will not be the last placing .....................

Today's finish will be intersting in light of developments, the stock prices are white hot now and we're getting into dangerous territory, even Bufffet has cashed in billions of shares prior to the crash

You pays your money and takes your chacnes. The metals markets are one to watch if the US defaults on its debt. Another of Trumps puppets is now running the Fed so who knows where this will go?

Stay safe..........

The stock markets are well overpriced now, not sure how much longer prices can actually rise?

Keep an eye on US interst rates and how much money they're actually printing. The dollar is reducing in value on a daily basis and sooner or later the bond markets will wobble

Gold and silver prices have reached all time highs recently and not without good reason

The dollar is about to be devalued imho by 20% and the stock markets are overheating. Play it safe out there

Trumps Tarrifs are rattling the markets, best to hold and hold onto defensive stocks whilst the political end game plays out. Greenland is about rare earth minerals and who controls that commodity, the defence of the island is merely a smoke screen.

I'd be looking to buy physcal gold/silver right now and diversify as the world of the dollar is finished as we know it

The divi has been fairly consistent over the last 9 years so they seem to know what they're doing. I posted some time ago that I felt that the company was still undervalued and I'm still of that opinion for now.

The track record speaks for itself, they're no better now financially than they were 20 years ago, they've absolutely diluted the SP to death fleecing shareholders and dripfeeding money into their offshore accounts. Taking everything into consideration as we know it, the SP is at the same level as it was pre-COVID. Even if they pay off the debt which they say will take 6 years, where will they actually be then? No one can predict the future but you can certailnly see with the current management and their 20 year performance that £1000 invested 20years ago is now worth the tiny sum of 70p.

They really need the SP to climb again so they can do another fundraiser for additional capital or run the company on a shoestring for the next 6 years until the debt is paid off, otherwise they will have to borrow again increasing the fincial costs once more and straning the bottom line. Debt costs money as we have seen the accounts for many a year.

There's nothing to see here but if you want to keep flogging a dead horse then by all means go ahead.

I'm open for counter arguments as to why you should buy this stock rather than people just trying to ramp it up for your own ends whilst others lose out

I've been posting about MDZ for over 10 years and I can assure you that the company has not moved on in the 20 years its been trading as a PLC. If you take a look at where they started to their current position now you wouldn't believe it, they've been stringing along the shareholders for years drip feeding money out of the company into offshore accounts in Guernsey. When do you think they'll declare a dividend after all this time? Its just not a viable company to invest in, nothing more than a punt.

Its been an intersting few days but I thought we would be back here soon when the dust settled.

I suggest some of you learn how to read a balance sheet and go over the last set of accounts publised in March and at the half year update published in June. It quite clearly states under the assets section, as it has done for many a year "Goodwill" calcualted at £2.7M which if you didn't know is an intangible asset posted in the accounts of a very illiquid company. That figure has been sat there for 20 years now and is the only thing balancing the books as there is little else to shout about. This number stems from the acquistiion of TouchVision Ltd in 2005 and how the £2.7M was generated, without this the company would have gone down a long time ago. Remove this figure from the accounts and there is literally nothing left. Debt far exceeds the bank balance, costs are on the increase. So sales may be on the up, wow. From such a low base they should be as last years annual sales figure was lower than the sales figure posted 10 years ago so, so its took 10 years to get back to where they were and actually show an improvement. This doesn't say much for the management or the sales team??

Nice to see some debt has been writen off as this was holding back capital invesment and threatening its fragile position as a PLC but the elephant in the room is still there, CCCAL is still lurking in the murkly background. Its only written off the accrued interest to save the company being one of the largest shareholders. This has successfully removed the invoice discounting facilty which the company has utilised for some time now. So only £786K of debt left to clear now over the next 6 years, only £100K cash in hand as reported a few days ago. I can't see any major capital investment any time soon, it will be pay as you go small time projects that they can afford to roll out.

I wonder when they're going to declare a dividend so you can start to get some of your money back?

Good set of results although they could have been better. The US sales are depressed because of the illegal vapes being imported into the country from China which I'm sure Trump will address and this will drive sales forward eventually. As long as the buybacks continue and the divi is maintained or even improved on there's no cause for concern.

It was always overpriced and the correction was inevitable

Looking good again today and heading the right way once more, all looks positive to me. The upcomIng update will be the very interesting.

You're getting the best of eveything right now, captial growth, good consistent dividends , share buybacks and future technologies, what's not to like?

It may look overbought but its still undervalued so its going the right way

You have to put some context around major shareholding as the company valuation is micro

His total investment to date is £113K for a 7.1% stake in the company which to be honest is trival, you couldn't even buy a house for that in all honesty

I'm guessing he's expecting large returns at some point in the future and holding millions of shares would achieve this as it does, but its nothing more than a punt as any serious investor would runa mile.

He's not the first to go down this road with MDZ, we've had a few others try this such as Paul Greenlaugh who sold his investment at a loss I believe after years on underachieving. Nothing has changed, its the same old management, same old story, same old SP, they should have gone private 15 years ago when the share price tanked, the company is no better shape now than it was then?

Turbulance in the stock market ahead I believe which bodes well here. The company is still undervalued by circa 35%, divi's and buy backs still make it a very intersting investment I believe for the long term, as ever the market will decide where it goes. Instituitions are still showing interest and increasing their portfolio's accordingly.

The dividend was covered by 55% of FCF which is perfectly fine. The divi can continue if they keep generating enough cash so its about sustainability rather than profit