RE: MTMY11 Jan 2019 21:19
It’s not splitting hairs mate your consorting google who as a Group turn over £32 billion in a 3 month period and a nett worth of over $200 billion (granted part by parent company), as to MTMY worth £8mil
I’m sure we would all be happy, as you say, as google selling one asset (bearing in mind they own over 200 companies!)....but comparing to mtmy and them owning Ti and selling that is, a rather poor example.
Granted there is value here IF the BH agree, if they don’t we are worth next to nothing, that’s the binery risk we all take. The issue is, IF and that’s IF Ti is old and at what value (which we don’t know if that’s $30mil of $130mil as the bod haven’t told anyone!), they have to business plan as to what’s next, yet they are looking to sell in 6-10 weeks? Isn’t that odd that we do not know what they are doing after that...what happened to a good old 3 year business plan?
As I say, it’s a quick punt play on a binery basis. As for solid company growth fundementals there aren’t any at this stage, and that’s not a good business structure (coupled with current mess).
Look at Flybe for example!!! Absolute perfect example of what could happen here, at a sell out.
This is the reason why seasoned investors will use MTMY for a very quick turnaround and sell out on the spike never to be back, as quite simply the company has no real plan other than sell Ti
All imo of course