Member Info for Verney

As of this morning Media Monks have 232 open vacancies to fill internationally. That says to me they have no problem drawing in the business and are not now worried about headcount, which was one of the draws on finances If SFOR or any company were cutting back due to the market shrinkage their would be a freeze on headcount straightaway.

I would say it's exactly that. Timed for the US market, the biggest market, so they can participate. Results will still be at 7am. Personally I don't see any issue.

I'm not sure ITX have one. I have used the forms a few times for the attention of JS and have never had a reply. Wonder if a route in may be through FinnCap. We could do with an update it's all very quiet.

Thanks AJP08

I still have a whole lot more invested in ITX which I will be leaving and it is still my second biggest investment . I just think the sell off across all markets TODAY is a panic and hoping I can take advantage if of course that is the case. In terms of being burnt I am currently 35% down with ITX after buying heavily at 12p through to 15p.

I don't think anything is being orchestrated
It's because of the run on SVB Bank in California in my opinion. I sold £4k today to invest elsewhere as I think other holdings I have that have dropped today will bounce quicker than ITX again in my opinion.

Yes Dougerboy, we used them at Microsoft.

The money has not been raised for an acquisition. That's ridiculous ITX are in there embryonic state themselves.

I didn't watch the presentation and reading the subsequent commentary I don't intend to. Seems we are still guessing on what all this new capital will be used for. I will not be investing a penny more into ITX until I know what the strategy is.

No it's actually 10.50pm.

I'm in New Zealand on holiday and it's 9.50pm so I won't be watching the presentation but hope to wake up tomorrow to some positive news and a blue finish to the SP

Oh.... just wondered who wrote the Outlook statement. Was it Swiss
Tony. :)

Smart

Lengthy but 'real world ' summary. The TU was disappointing and masked by the 'placing' news

Outlook
· Significantly strengthened by the Fundraising, the Company is confident in its financial outlook for FY23 and beyond.

What does this mean.....ITX never give anything tangible (£ or %) this statement has no gravitas at all. Hmmm I'm going to throw shed loads off money at ITX based on that Outlook.
 

Justd
Agree with you on every point What are the 'Market Expectations'. Exactly.

Justd
Agree with you on every point What are the 'Market Expectations'. Exactly.

Hi Smart

Very lengthy but 'real world' summary. The TU was disappointing you are right, bang on, and it was masked by the placing news.
'Outlook
· Significantly strengthened by the Fundraising, the Company is confident in its financial outlook for FY23 and beyond'.

What does that comment mean, it's nonsense. ITX never give any indication of £ or % it's a meaningless statement has no gravitas at all.

Anyway I believe the SP will tick up slowly ( don't want 30% and 30% down) keep out day traders.

 

My understanding is that once your allowance is used up that is it. You could sell some other shares in your portfolio and put this into a holding account within your ISA and use these proceeds to buy your ITX shares. But don't take any money out of your ISA completely you will not be allowed to top it back up again until the new tax year.

Looks like it will be cheaper on the open market

Looks like it will be cheaper on the open market

Finncap keeps target unchanged at 12p

Nothing, diddly squat, zilch, zero, naught, no iota, nil, nowt, zippo.

This is very frustrating.