Member Info for Rocka999

The shares were actually down just over 1.5% today and LSE makes out they were up over 8%

No wonder the rampers on here get so excited...............

"Ocado, which has announced an online retail deal with Marks & Spencer, was among a handful of losers. Its shares slipped 1 percent after the Times reported that a survey showed almost a quarter of its customers might stop shopping with the online grocer if Waitrose products were not available.

All well and good but orders will also increase once M&S come on board, not hard to figure ?

I see Mr Bunce is still throwing his cash away, another £20 worth of shares bought.....

This reminds me of that Hallett guy, buys in one minute and didappeared faster than Riddler lol

So on that logic KittyKat if HMV had generated income that added £12,000 in profit during 2017/18 which it doesn't this year due to lost income and there was only £12,000 in the bank then their bank balance would be zero theoretically? Is that not having major impact then? MDZ can't afford to lose any income as its flying by the seat of its pants right now, we've seen that with the recent cash call, any loss of revenue can be devastating to the bottom line................

They must have identified their next acquisition by now, are we waiting for Brexit to happen first ?

Not seen him since that 22p sale last week? Probably right to get out whilst he had some spare change left

I forgot to mention the debacle over at Ted Baker (they're one of MDZ' clients for them that invest blindly) !

Apparently forced hugging is against the company rules and yes you're now out of a job Mr Kelvin, looks like there's going to be a clear out which usually means a change of strategy and to not follow in the steps of the old guard who were very fond of the shopping experience in store I recall, watch this floor space..........

Much brighter news over at HMV (that's another client of MDZ), some stores are now re-opening so I believe that's 10 so far in total with maybe more to come, that's 10 out of the 125 open last year !

Hope I'm not repeating myself with this useless information for our blind investors here, but it is relevant just as Brexit is at the end of the month

Keep spinning the plates..........................

Thanks for posting....

This all fits with the early release of the results as follows:-

"Cash in hand at period end was £12,000 (2017: £103,000), although following period end additional monies were received/are expected shortly from a material overdue debtor.

As I said at the time the release of the half year results earlier than normal was very suspicious as MDZ usually like to drag these things out and keep us all waiting..............

So a sizable amount of cash was paid after the release of the results but MDZ couldn't wait that long to improve the stated cash position within the RNS, the results themselves wouldn't have mattered but the cash position is crucial of course as we all know and follow very closely. So "The majority of this money has now been received and the balance is expected shortly" as stated in the RNS and that figure quoted was £130,000 so the bulk of this went into the coffers to spend on little treats?

Now fast forward 3 months later and we're treated to the (yes you guessed it) the annual fund raiser but after the results of course. Where's all the cash gone, we're looking at £142,000 cash in the bank post results yet they need another £110,000 (before expenses) just to strengthen the balance sheet (which must be very weak by now) plus they have little or no working capital to take the business forward. You'll also notice two of the three directors didn't bother to buy any further shares, only Lance chipped in but that's another story as we all know !

Director buys and now todays appointment, two clear signals there.....

They're going backwards.......

Lets see the FY results before you let off the fireworks and break open the bubbly, its been on chill that long it predates the ice age................................

The crucial point is that they always miss their targets and have the predetermined excuse list at hand ready for the RNS, usually around unfinished contracts that have crossed the year end blah blah

They were supposed to have made a maiden profit 2 years ago !

We're still waiting for that little nugget to drop ?

Morning, sounds like you've had a busy night trying to join the dots, did you notice anything peculiar ?

No clues I'm afraid everyone has to do their own research, one of the golden rules !

Yes but they've already spent that cash as we've now seen, its one long fundraiser for the BOD's increased salaries every year

Well done kitty you’ve got part of the puzzle now get the other pieces and put it together, not doing it all for you

Er no £12,000 cash in hand ? Can’t exist without cash...

kitkateat, your veil has slipped and I'm seeing that your knowledge here is very limited, another mug punter.......

I haven't mentioned Lance for weeks but he is conducive in how things turn out re MDZ, I've never said he cares, absolutely now clue where you got that from ?

I've been on about a certain Mr Bunce and you've conveniently dodged the question because you've no idea what I'm talking about have you ?

Can you define "banging on the same thing" exactly ???

I comment on many aspects of this company in a lot more detail than O what a great video wall they have or look everyone someones just bought a million shares which are consequently sold then next day for a loss no doubt

I've already gone through Bunce's profile and companies, balance sheets of said companies, known associates etc, what have you done ? Do you even know who Bunce is that I'm banging on about ?

So "looking at buying MDZ" as you put is not takeover talk or you didn't mean it to come out that way, it just came out, you just weren't sure what you were saying?

More Riddles than a game of Cludeo ?

I'll ask Mr Bunce what his intentions are, might get a straight answer you never know?

The markets not impressed, down over 14% now, isn't takeover talk supposed to increase the SP ?