Member Info for StoneBroke

I admire your bravery at going buying additional shares though the only bit of blue I see on here is an unticking on the 15th July. Given my losses at the moment that, if MPOW disappears into obscurity, losing the remaining few quid I have left here will teach me a hard lesson. Good luck m8ty.

Guys, lets hope they are not looking for a yes man. They need someone who can argue the point, and have the courage to take this bunch of no hopers on as he dices and slices. I was not talking of a new Lada, they should be looking at second hand ones or even a Trabant :-) On the plus side they are still generating revenue and hopefully still on-boarding new customers (large and small) at a steady rate.

Tomstone: This is the AIM where nothing makes sense. In Year Ending Dec 13 and announced in May: Revenue increased 32% to $34.5 million (FY 2012: $26.1 million). Gross profit increased 26% to $20.5 million (FY 2012: $16.3 million). The share price dropped!!! They expect record H1 revenues in excess of 22% of what they did in 2013. The share price dropped!!! With one recent small acquisition and one major one purported to be in the offing in H2 and they have 50-60 million in the bank would be interesting to hear a professional traders point of view on things.. They recently paid a divi, may even make a surprise divi announcement in September given their performance in H1. Sadly they did not announce a Gazzilion% increase in revenue and the PI's and II's are a fickle bunch on AIM and love so sell on good news. So in summary, who knows, its madness.

Patience is not one of my strong points but in this case I will hang on and see what the new FD can do to cut costs and curtail their spending spree, as railride said,it will take a couple of years if they survive this year. How long does it take to get a new FD onboard? If anyone of the company directors is driving around in anything but a Lada then they need to take a hard look at themselves.

Left it until the last minute but all in all a good RNS indicating continued growth into new markets too. Pity that the share price shows an early drop on good news but that seems to happen a lot these days.

Apologies all. Posted in on the wrong board though the acquisition bit is true enough.

Plenty of cash in the bank with a major acquisition on the cards for H2 and in excess of 22% up on revenue. Nice to see the standard drop in share price on good news. AIM never ceases to amaze me.

Was hoping they would push out an RNS updating their continued progress before Friday's AGM. Its been a bit quiet since the June trading update though I have no doubt they will be progressing well with the rollout and are a bit under the radar.

To many! 2806 bought at a silly price on 17th March. If I had invested today (which I wouldn't....yet) I would have had a darn site more. I am seriously considering the exit door, they don't seem to have a clue how to appease investors and I have said enough on the FD situation which they need to sort out by the end of the week.

If I have some spare cash lolling about I will buy in again at about 30p until then I will sit on what I have and break out the prayer mat, not that it will help being agnostic as I am.

Keep asking myself the same question, could be something to do with being well over a few grand down and believe they can turn the company around or maybe they could be acquired given how cheap the share price is though with nothing in the bank I doubt it would be an attractive opportunity to anyone. QPP been there, lost on that, NBU know nothing about so think I will hang on here for a couple of weeks and see what develops. After all it's only money. Having been a Head of IT for a large global company driving a SaaS environment (among other things) they really do have a good idea here and were doing well on-boarding new customers at a fair old rate with recurring revenues from existing ones but need to be more investor relationship savvy.

I will give it another week or so but it does seem to be in the doldrums and still running without an FD but still believe they have something which, once it becomes an easily repeatable process for on-boarding customers could generate a lot of revenue. They desperately need a FD with market experience and finding one who is going to take this on could be a challenge in itself once he sees the books. Presently I feel I would have been better off investing in a company who made chocolate fireguards as a business!

At least it has not dropped today (as yet) so maybe it will start climbing again next week based on nothing other than hope. Garden was good and am back am going to take a chill pill and relax under the umbrella and read the Torygraph. Have a good weekend my friend and lets hope this starts to turn around.

If I had the readies I would buy in but alas my cash is in other failing companies :-( Hopefully H2 on the AIM will do the same as last year and rise again. Seems that the last couple of years the AIM falls apart in H1 and comes to a crescendo in H2. Am stuck here for the long term for sure. III show 1 buy and 5 sells so not sure where you are seeing another buy. At least it is sunny outside so think I will sit in the garden and ponder life's riches.

Bloomin price drops again this morning. This needs a miracle to get back up to at least 55p a share (according to my chart) let alone the 70p they need to cash in their latest share options. Awarding themselves share options followed by a RNS which was basically a profit warning despite making £750000 profit in H1 then the FD fall guy/leaving/pushed/saw the light (delete as appropriate) is not good. They need to rebuild some big bridges with shareholders and quick. Obscurity or, at this price, being acquired is on the cards IMVHO.

Lets hope it continues Sid. Am not going to string out the bunting just yet.

Just looking at their July Trading Update and rather than saying they had 60% increased revenues on H2 of 2013 they would have been better off saying they had a H1 2014 increase revenue of 37% on H1 of 2013. H1 is always tougher than H2 so I expect a much improved 2014 revenue increase. That's if my sums and assumptions are correct.

Thanks Mould but as I am already 77% down (that's thousands of £££s) I may as well watch the remaining funds dwindle away to nothing for what they are now worth. At the end of the day they still have customers with new ones coming on board so at some stage this bunch of miscreants known as the BOD will either blow all the cash and drive the company into extinction or get a FD with some experience and savvy to turn it around. It was a long term holding anyway but was hoping for something before y3k.

Sid: Not sure where you are seeing 3 v 1 unless it is on L2, just looks like a sea of red to me here. Just hope they get a CFO who can slow down the cash burn and make a significant difference. The audited results are good and they are still signing up new companies so IMO this price is way, way, way to low.

Thought this had bottomed out after last week but early indications this morning are that the bail out continues. Be more than happy to be proved wrong by lunchtime.