Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Do we know if an investor presentation is planned?
Personally, I would not sell at all-time low in fear of placing. They have in the past done a placing above current SP level I think, but in any case, in all likelihood there will be news to lift the SP up before a placing is done.
Made a new all-time low today at 0.04p and with news pending does not make sense.
Has anybody contacted Mr Horgan this year? I sent an email yesterday asking for an update on the pilot plant but no response yet.
Nice move up … a leak?
Interims last year were out on the 23rd. They appear to be a bit late, fingers crossed good results.
There are very few minor bond holders left but the one operating via JBER now is determined to sell no matter how low the SP goes.
Fortunately, looks like buyers are waiting to pounce, 7 MMs sitting at the bid at 2.7p disapeared with a small amount of sells, ~1 mil shares. The SP should bounce back off 2.5/2.6p and hopefully some good news this week (month end) to see a reversal.
Tylo, I like your analysis. I agree, the interest rate rise was unpredictable and will eat in to cash going forward. Bringing down the debt will take a while. We were told that the debt will peak next year and start coming down the year after (that was an answer to a question of mine). Ofcourse if interest rates increase further things will get worse.
The Declutter comments and the drop in consumer tech revenue was a surprise. I was expecting the consumer tech revenue to increase and was disappointed. This is probably due to the shift in focus to rentals. I don’t understand why they cannot push both, sales and rentals. If they sell more, even on lower margins, we’ll have a benefit as it will increase the revenue and profit. Every little helps. A question to ask Steve.
It also seems that most effort is directed to customers on the MMAG store but without decent advertising to promote that we are loosing out.
A friend said to me that he is upgrading his phone so I said great which one are you going for, iPhone 14? He answered no, I am buying a second hand one. So I said great, are you buying from Music Magpie? He goes who? I am buying from Back Market.
I then searched for a specific phone on the Back Market and got dozens of hits but very few from MMAG. A search for the same phone on the MMAG store brought up a lot more results, significantly more than the MMAG phones returned on the Back Market. Why is MMAG not advertising all available products on the Back Market as well as on the MMAG store (+EBay +Amazon)? Another question for Steve.
Xenor, here is the link
https://www.investormeetcompany.com/investor/meeting/investor-presentation-377
🤞🤞🤞🤞🤞
Aim, is a gift indeed. Just added another lot of 500k at 0.5p
If it drops lower I will be adding a few mil more, we all saw how fast this moves up. On FCA approval there will be a scramble to buy … a bit higher if you are lucky. On approval, I am expecting a new all-time high. I am patient, I can wait.