Member Info for Theanalyzer

HL hold nominee accounts. They are not an II.

Taff The high share price was based on a high pe reflecting a fast growing high margin and profitable business business You now know the business has a much lower margin and has been underpricing business to win that growth and will be loss making in 2018 Thus business is now correctly valued at a much lower price The stock market is forward looking especially so when historic view was overly optimistic The business now looks to have made almost no profit in its entire history and isn’t a revolutionary platform type business that can be valued highly based on future prospects imho.

I see LSE fined this company for breaching AIM rules. Two things are wrong. First it is the directors who failed to take correct action it is they who should be fined and not the shareholders. Second why does AIM regulation fail to act against NOMAD and companies where shareholders are treated so badly as they have been here.

So much for the much vaunted Tencent bid rumour Another AIM scandal to add to a very long list It is supposed to be higher risk because it is smaller start up business not because directors will simply abuse shareholders

Mysq is slowly but surely running out of cash remember the failed emergency placing? Sadly for investors all the money will run out.

Was he called Eric?😂

An unlisted entity can be sold by the Directors. So resignation of Nomad won’t prevent sale.

The Rising Dragon facility was a clever device. Rising Dragon were given a load of shares on its inception, it enabled auditors to give a clean sign off and bolstered the balance as an prepayment asset. By the way this asset is now worthless and Rising Dragon spent nothing on deal. Another good wheeze was the capitalisation of intangible assets after they had been previously been written off. This is not permitted under accounting rules but it went past auditors and enabled company to have a better looking balance sheet. The Tencent gambit of getting a journalist to suggest takeover rumours and the entering into a reseller deal with Tencent which loads of companies can do to keep myth of a Tencent takeover alive Finally the MyPay acquisition from Schaer for cash and a load of shares which were sold before bad news all came out - lucky timing Then Eric’s pay off for resigning when normally no payment would be due? Sorry for long term holders who will lose everything.

It could get to £5 or £6 if enough people buy on the ramp but it will end in tears in medium term. At half year this had £18.2 million in cash at 30 Sept this was down to £11.5 million so it burnt £6.7 million in 3 months which is what I suspect led to accounting review. I wonder how fast it is burning cash now as it has ramped up volume by acquiring new customers by offering a better deal than rivals. The cumulative gross profit margin for last three and half years was declared at 17% of sales but post £10 million hit is now 8% a rather dramatic drop.

Delano47 A £10 million placing won’t replace the lost value. As stated before the company has gone from being profit making to loss making and also expects future margins to be lower than previously expected hence large reduction in market cap because you apply a PE multiple to forecast earnings or a present value to future earnings.

The £10 million drop in profits does warrant a bigger drop in market capitalization because you now have a loss making company.

The £10 million black hole was in profits to which you a PE ratio hence a multiple drop in market cap. At present share is booming and traders are making a lot of money. A lot of people are valuing this company by reference to historic prices and reality of a fast growing company but one which still hasn’t reached profitability in a low margin sector. Make sure you don’t get too greedy.

Business has never made a profit based on update and is a cash burner. Don’t be fooled by looking at previous historic share price highs based on over optimistic profit numbers.

Read the accounts the audit partner is an ex PWCPartner

Good RNS this am will be through £100 billion of assets shortly

I was put off this when I saw that global announcement for Pepsi was for only $350,000

A tiny sum for such a giant brand.

I think share price may still be at a discount to nav.

The cash issue will reduced nav per share but LECC profits were up 95% so this will drive a chunky increase in NAV per share

Let’s see what nex5 set of results state

I think some of share momentum is driven by JLTacquisition by Marsh

VM probably companies last hope.

Last set of accounts published two weeks ago stated only a going concern if equity placement went ahead.

It hasn’t, shares are suspended so it can raise finance through any type of share issues and it had net liabilities at end of last periods results so unlikely to raise any more debt.

So I suspect it’s a wipeout for shareholders a shame that VM deal didn’t proceed

He has over 400 post in OMI already He says buy it’s probably a sale if your not day trading. He was in Toople as well

Page 50 on 2017 accounts highlighs FX exposure to Zloty on monetary assets where currency translation effect goes through profit and loss account A 20% appreciation in Sterling was worth £131,215 Exposure would increased as Polish operations have now increased Call a hedge against a large drop in sterling