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An old CEO interview : https://youtu.be/L81FZGQKkDs
He is saying that MMAG can be a billion pound company within the next 3 to 5 years … that is an SP of about £10 !!!
Schrodders must believe that too?
The pullback from the 40’s was overdone, the news were ok and did not justify this huge drop, but this is the market for you.
Anyway, nice move up this week and looks like now we’ll have a positive drift until further news. Glad I added more at 25p. We’ll soon be back in the 40’s at this rate.
Jamrock, 20p? Lol
Right or wrong, I haven’t sold any and I am simply adding since I am not trading this share, my target is much higher. Is going up now but had it dropped to your target of 20p, I would have added another 100k.
Having said that anything is possible in the absence of news. It can still drift but if it keeps drifting up now though the upward move should be quite sharp. I will add another 25k today because I think there is substantial buying interest today. I. Will add more on further weakness. Not advice, these are my views, each to their own and GL.
Hi Geeman,
I still have a substantial holding here and would add more at these levels if I had spare cash. Good level to enter now.
The news were not bad at all and I don’t understand the market overreaction. The loss was as previously announced months ago, the rest of the financials showed improvement. Next update should see the SP shooting back up IMO. There will be a trading update in June, but I am hoping for some news on Walmart or business subscription take out before then.. All good as far as I am concerned.
The 25p level maybe the bottom. Was the top of the down gap (25/27.5p) and should provide support. Will it hold for long though? Depends on news - if we get an update it should bring back buyers and drive the SP up. If not, 3 months is a long time in these markets and the support may break driving the SP lower.
Frustrating, but I still remain positive on this one and I believe that in the medium to longer term should pay off.
SP likely to be drifting now until next update - 6-month results, Trading update in 3 months (June).
Hopefully an update on Walmart products uptake, business rental service or something positive before June. Failing this, 3 month wait to June for news. More Director buys?? - fingers crossed.
Hi all, due to my cancer surgery haven’t been active for a few weeks now and will not be returning to active participation in the markets for a little longer, still recuperating.
Howey told me how many of you are wishing me good luck and I am deeply touched. A big sincere thank you to all, thank you.
My cancer journey started when I received a bowel cancer screening kit in the post. I sat on it for a few days and then, fortunately, decided to do the test and post it back. Within a couple of weeks I was contacted by the hospital to tell me that the test was positive and needed to do further tests. I then visited the hospital and did a series of tests where they also took a biopsy sample from a tumour inside my bowel. Within a couple of weeks I was invited back to the hospital and was told that it was cancer and the only solution was surgery. They did not at this stage know whether the cancer has spread but a biopsy after surgery would confirm.
I had the surgery where they removed a section of my bowel along with the connected lymph nodes (17 of them) and blood vessels. A biopsy after that confirmed that I had cancer inside the bowel but all the lymph nodes were clear. So it was Stage 1 cancer and with it being cut out no chemotherapy and radiotherapy needed. Now is recovery and follow up by the hospital for the next 5 years.
I was lucky to return the bowel cancer screening test when I did, it picked the cancer up at early stage and in all likelihood it saved my life.
My advice to everybody is to do the bowel cancer screening test as soon as they receive one in the post. Please do it immediately with no delay, it takes very little time, is free, and might save your life. The NHS posts these tests to people over certain age.
I no longer hold Angus shares, liquidated these along with a few other stocks before my surgery. I do hope though that for everybody’s sake here the drill results are successful. Fingers crossed good results will be announced soon. Good luck to all.
You win some and you loose some. For me MMAG is my star pick, I add whenever I can. IMO the pullback at this level is normal as we hit the previous support (now resistance) and the 200D MA both at 40p. I am expecting the SP to gather momentum again and break through this barrier. Hopefully, it will not drop any lower. A finish today at 37p+ maintains the bullish trend.
We should be getting news on the product expansion on Walmart.com, hopefully soon.