Member Info for wongtogo

Bond holders have the right to vote in favour of the sale if they wish , but have no rights as to determine the coarse of a company, that belongs to the share holders the owners, and the BOD The share holders installed,
Again the fact that the bond holders have refused upto now to stump up the cash they are legally required to do is by design or part of the plan in dealing with rainmaker? who knows but if they were to bring the company in to disrepute this would have legal consequences, the only way I see it would be if the bond holders agreed to sell there bonds which they can now perfectly legal and that's what a small percentage is doing now but there is the legal obligations that go with the bonds so why ask for this vote at all .
I can't see the owners (investors) selling unless the price is right and that will be there choice and BOD have a legal obligation to carry out the job in hand for the benifit of the investors not the bond holders , let's hope the BOD is on the up and up and I have no reason to question that, and force the raising of the money that should be paid once it's finalised,. We will no doubt find out the answer to all these questions soon enough.

If you want to see what people think that work their look at the BB glass door just goggle , seems there very happy to have a good job and good atmosphere,

Some decent buying from nowhere is news on the way. Spread is a bit rich at the moment there's a few waiting to get in here I would suggest, there seems no let up in YU. Gaining more customers and taking more people on the books , as Bobby said he's wants to be a main big player in the energy market and water and if he's still making them year on year rises it won't be long .

TASE up now 12%

It might be worth looking at, matomy have lodged the 2 interest payments on MAYA security's for 2X3% payments paid in June to the bond holders, lodged on the 8/4 now if you want to read between the lines your welcome?

TASE exchange steady, the bond holders gain 24% no one selling as yet and probably won't till the cards are dealt ?
The spread here says it all , not even MMS WILL LET GO until they see the money, interesting to see on TASE there's no middle men taking your hard won cash , it's a wonder why they call themselves MMS I rather keep the spread and deal with a computer?

They concern the securities for the 3% interest payments been log at maya that's two of them ,one concerns the sale of matomy and the legals-system and ins and outs ,the other is with regards to electronic voting for registered creditors as for as I can see but these should be RNS to both TASE and LSE at the same time because of the important nature contained both LSE and TASE seem to flout there own laws . The sale would have to be forwarded to the investors and bond holders in any case , as for the time scale an not so sure that had to be agreed , but all this occurred after matomy announced 30day delay so this I hope is a knee jerk reaction there are plenty of potential buyers for 100%Ti and we will have to wait just a bit longer to see what the future for matomy.

I should of mentioned that's 35% on the bond issue.

Well ironic first thing up 35% On TASE makes you think what LSE were playing at yesterday ?a lot of people lost money there and 1% of the company shares vanished into the clouds .
Your thoughts on Mob fox are as mine and was very shocked at the money paid as most of the R&D was done , what concerns me is the way the company has been broken up, but that aside remember who is a 10% holder here is and his former dealings with viola and there interest. Personal I think the button for take of has just been pushed, and let's see who has the most pull and the backing.

TI made total revenue in the region of 75mil it what was a difficult year giving the changes in new privacy and data protection laws, but they are compliant? that's not to say all there custermers are at this time but fully exspect them to follow in there foot steps in the short term .Revenue therefore was down from just over 100mil , restructuring the company has cost, and one off payments have been incurred . All this information is in the Dec 18 accounts having been separated from the complex and detailed accounts forming in most part the restructuring and disposable of there non core businesses. But take the fog away and your left with a company that's making 25mil profit from 75mil and when this years out expected to rise. 32 mil from 100mil all cost cutting done low overheads with short term large payments, and no long term payments to talk of , no wonder every dog chasing this bone it's got plenty of meat . All the parties and interested groups involved with this are nearly all link in someways and the wolves are closing in for the kill let's make shore the investors aren't left in the cold.

News Should be any time this next 3 weeks and hopefully FCA out of the way by then , they must be busy checking the MMS on this share?.trading tricks just about every day , maybe FCA-should take a close look .

https://beta.lse.co.uk/news/MTMY/matomy-media-bondholders-agree-to-companys-proposed-repayment-plan-b4ibse6skm198tu.html Unless this has changed nothing new to review here don't forget the bond holders and Mattomy. have the Ace not rainmaker they are trying to negotiate the price to pay for The remaining 10% was at 18mil then 13mi maybe looking for 10mil as reported by the bond holders to Mattomy , this offer means nothing if the money is raised as set out in the bond holders meeting with Mattomy. Just a cat among the pigeons

All being said that's it last selling price , and yes there's been a down turn but if the figures are correct that's about 30% and a lot to do with very stringent regulations been inplamented for all concerned on this type of investment so the competition is getting smaller this company has a bright future.

Ironic there we have the slight edge. the bond holders can come out with what there bonds are worth now, and swallow the loss in the value of TI ,or put up the extra money and take the reduce settlement for TI 13mil and extra interest payments and sell later or make a go of it, or we can stand are ground and get a better deal, either way Mtmy is going anywhere soon until the the price is excepted by all concerned, and yes trading should of been suspended till all markets are on level footings but who cares about LSE and the tricks they pull.

Ironic refer to update resources RNS see what you can make of that?

I take it your not invested ironic , don't you think it's a bit strange they chose to release this on Friday when TASE is closed? I would exspect a little push to get things moving and that's what's happening . The line has been drawn now let's see where this goes.

There's plenty of buying here just the MMS hiding with the wide spread, been like that for some time? I make it £106k buy against £26k sell today. when this goes it will be to late to get in MMS cannot hold this back much longer, seems they have an idea when news is due hence the the long tree shake? No TR1 for the previous weeks dealings something sinks here MMS need to be more accountable for there tricks?

Yes thanks for that, now opening in the new Beta site they seem to be keeping this one update

Over on TASE they have released a interim report, and update progress and breakdown on sales of assets as well as financial status 68pages so takes some digesting , but the market seems ok with it so far, plenty traded today it's a pity LSE has not published it , on this duel stock as this is a very important documents, hopefully this is what they were waiting for to commit to the proposed plan? time will tell

Another 100K buy still think no one is building here? , and more interesting is there's still no TR1 for the buys and the sells.