Member Info for Sundaysun

It’s good to see a true representation of Parsons being presented even if some are being deleted.At least potential new investors are being given a heads up.

Although I agree that the almost exclusive and first move advantage is reduced ,I don’t see it as gone.We are building a momentum ,all be it on freebie,but with an established wallet name . If we can build up 30/40k ,with a high renewal rate ,that would represent a success with decent bottom line revenue.As for the crypto market,it looks very healthy to me with good new investor growth this year,all needing a wallet.Luxe, not a VIP blockbuster but certainly a good contributor.ATB

There's a trading update due in January,Adultblock still on offer,etc.Why would they bring forward the update without a complete picture of Q4.The mere fact that we have paid of London says a lot.The value of that alone is substantial.

The company needed to be trading well in order that the payment be made.RNS confirms good trading q4.A turning point for MMX imho.

Good to get that out of the way.Not only was it a drag on the balance sheet but also on investor sentiment.Saving worth $3.3m in total ,so increased profitability,excellent work.

Still nothing on our gold assets..jeez

There is bound to be a certain caution at a point when there is a considerable amount of news awaited.I agree Bakky, .London will mark a significant turning point ,although like SL ,I’m not overly concerned about it,$5m lends itself to a good many options and there must be some “good fit”tlds we could buy on the cheap.Having said that,I do hope we see the back of the .London legacy,Adultblock will be interesting,even a modest success there is a good bottom line bonus.VIP on speed,and Luxe kicking in ,on what will be high renewal income.
TH gave a strong and positive outlook in September ,nothing suggests to me that we havnt gone on from strength to strength.All the best to all.

Utterly rediculous under valuation,especially when compared to some other AIM oilers.ATB all.

You have often repeated the charge that management is lacking financial nous, yet ,it's the same management that has taken this company to profitability from a pretty dire position under previous CEOs.I take your point ,re buybacks but you cant have it both ways,Its taken great financial nous to bring MMX to this stage.,a reinvention in fact..I'm just as frustrated at our current valuation as anyone but with the history and restructuring this company has had to undergo,we should not be surprised at how the SP has performed this year.Looking forward we should now see the fruits of all this restructuring,,no ifs and or buts ,its time to deliver.

Talking of gold,it’s about time we got a result from the past few weeks activity in Wales.Really rather slow as usual.

Demonstrates well the disconnect between MMX valuation and other players. Although we are performing well and should be clear of all legacy issues soon,I feel that being listed on the dreadful AIM market is a significant drag to our valuation.
MMX is looking like a very attractive bolt on,who moves first?

Thanks for that SL, I would assume we would have around 50%of the retail sale price ,but even so some potentially large numbers involved.
I tend to expect low volume numbers ,probably from a lack of knowledge of this space and built in caution on the high value ticket price.I’m not sure that management can hide the true picture on sales for too long,they will have to raise guidance if there is a substantial gain from Adultblock.
Let’s hope all this activity leads to some investor returns ,thanks again for your thoughts SJL.

Some very interesting consolidation conversation.As you say Silv ,value of holdings and time held will colour the picture for many.Ive been here for years now and have lowered my average this year ,which I was happy to do based on the business performance and the prospect of a dividend.
At this point ,some capital growth would help ease the pain but it was always my intention to reinvest dividends . It has certainly come to an interesting point in the MMX history ,where a number of possibilities present themselves in the near term.
SL,I would be interested to know what your opinion is on the two different Adultblock offerings.
I’m wondering what demand there is likely to be for the premium product? Cheers

These things dont come on demand..We will suddenly be an attractive bolt in for someone and then they will strike.I would welcome it now frankly ,in the absence of dividend income.

I can understand that..I would hate to see Toby and Michael spend their time stuffing envelopes with dividend cheques. I will leave my address in case though.

The dividends are sent to the nominee account holder..ie the broker through which you bought your shares..not to thousands of individuals..The paper holding shareholder is long gone.

TH stated that the buyback would continue because he believed the share price was undervalued ,as we all do. The point of the buyback is to support the share price ,not to take a relatively small proportion of shares out of circulation with minimal impact.

Yes I suspect patience needed even though the evidence is pretty compelling .

We can now look forward to a very significant income stream next year from HH. If this dosnt rerate the share ,then I give up.

Even if you believe in buybacks ours has been a demonstration in how not to do it...Where was the 7p support? Really poor work.