Member Info for Yanis2005

Hi Wyn, so we both topped up on the drop :)

45-50p is a good target but mine is much higher. I believe MMAG will be in the ££s in the coming months. Was at £2 at the IPO and is now in much much stronger position. With good news and a bit of FOMO it should make real big moves. Also, the higher up the SP goes the bigger the move on the same volume, but each to their own risk taking.

Good luck to us.

Wyn, that was a good call on MMAG - the retrace to 30.5p.

I bought another £2k’s worth below 31p. id you trade some?

Bought some more.

Not me haven’t sold a single share yet. When we get to the IPO price I might sell a little bit.

Wyn, well done. Your 30.5p retrace prediction looks spot on. With the explosive news we had yesterday I was not expecting this but shows the power of the technicals eh? Attempting to trade it though is still risky IMO.

Excellent Wyn, good luck to all o us..

I added too last week … and the week before … and … :)

Heath field, exactly my sentiment. I am not risking trading this, in fact I add as cash becomes available.

MMAG is in the right field to take advantage of the cost of living crisis and environmental drives (recycling). I mentioned this before, MMAG reminds my of the Amazon early days when they were just selling books and were expanding. I then sold 1,500 shares at $25, only to see the SP turn back up and eventually reach a dizzying $3,500 a share - that is potential gain of $5++ mil had I held.

I am not saying that MMAG will be an Amazon but the CEO is confident that MMAG will be a £1 Billion MCap company within the next 3 to 5 years … that is ~£10 per share.

I am expecting MMAG to be at or very close to IPO price of £2 this year.

MMAG has 108 million shares in issue and approximately three quarters of it is held by insiders and big institutions.. The number of shares in issue is effectively the same as at IPO..They have a £30 mil revolving credit facility and a placing (with dilution) to raise money is extremely unlikely. The company is on the turn for the better. The SP can only improve.

All - My views DYOR.

Hi Wyn, I agree with you 100% - shares never go up in a straight line. The point I am making is that if the SP closes on the day’s high it indicates that momentum is still strong so a pull back may happen at higher level. Either outcome though is still possible but fingers crossed a pullback higher up. The 200-DMA is at 40+p …hopefully it will get to that before a small retrace.

My new iPad keyboard is playing up … 3 to 5 years

“… be a £1 Billion MCap company within the next 3 to 5 years …”

Morning Geeman. Yes nice feeling, recovered my Eve losses and now onto recovering the ANGS losses. I believe I will soon recover those too and start making a real profit.

MMAG is my top pick. I was fortunate to realise the value of it since single digit SP and been adding ever since.

I believe it still has a long way to go, never felt so confident about any another stock in more than 20 years in the markets. It reminds of the Amazon early days when Amazon was simply selling books and begun expanding. I sold 1,500 shares of Amazon at $25 only for it to turn back up and go to $3,500 !!! That is a staggering $5++ mil profit lost opportunity.

I am not saying that MMAG will reach Amazon highs but in the present climate they are in the right field and the CEO is confident that MMAG will be a £1 Billion MCap company within the next 33 to 5 years - that will be ~£10 per share.

MMAG also differs from other AIM companies - they have a 108 mil shares float and has been effectively the same since IPO. They also have a £30 milo revolving credit facility and the chance of ever having a placing is infinitesimally small. About three quarters of the shares are held by insiders and big institutions.

All - DYOR

Ha! Ass …. As.

Got a cheap new keyboard for my iPad and have to be extra careful :)

Great news ass we expected. A £1 should be within reach in the short term in my opinion. At current SP MMAG is way oversold.

Wyn, if it closes on the high today 30.5p maybe left way behind IMO. Should push higher tomorrow.

MMAG looking great … already recovered my Eve losses and more (paper gain for now) :):)

I hope you are still holding Wyn, there is still huge upside..

Hi Wynn cheers mate. 2023 hopefully will make us rich :)

Got the following reply from IG regarding removal of the Eve shares from my account:

Thanks for your email.

We can't remove the shares from your account until delisting process is over. If there is some sort of takeover or residual payment, we will make the necessary changes.

For more information regarding delisted stocks, please take a look at this link:
https://www.ig.com/uk/help-and-support/corporate-events-and-dealing/corporate-action-events/what-happens-if-the-stock-i-am-trading-delists

If you have any further queries, please do not hesitate to contact us.

Regards,

Morning guys and Happy New Year.

Yes, MMAG is doing well and I believe that the journey just started, a long way up to go from here. Not a solicitation to buy though, this is my own opinion and nothing can happen. MMAG worked well for me so far - I am currently recovering 75% of my Eve losses.

D, I had a look at ONC and if you got in now, you got in/bought at a very good level where the chances of going up are higher than the chances of going down. The weekly chart shows that the SP rebounded before from this level and th chart already shows signs of bottoming out.

We have to remember though that what looks cheap can end up looking even cheaper, but for ONC the Risk/Reward at that level is good.

Reports on AVCT are very good ( don’t own AVCT) and if successful then you will be looking at several multiples from here. There are a lot of good and respected traders/investors on Twitter that speak highly of AVCT. As always there is a risk. Risk is everywhere in the stock market though, if there was no risk we all be millionaires.

From my experience, when it comes to investing and trading I agree with Wyn; have a core long term holding which you are confident and believe in it and trade other stocks.

My biggest mistake in the past was to jump on a stock at the wrong time only for it to go down and instead of cutting losses, I allowed the losses to continue and carried on averaging down and being trapped for a long time. Averaging down for me worked on ALBA but big losses with ANGS and EVE.

When you see a good stock you need to take your time and get in at the right price. For me it worked with MMAG, I got in low and being averaging up rather than down but at the same time being very careful not to get my average close to the current SP, keep a good margin.

HARL is a good stock that we talked about before, a good one to enter but if you remember, when it was above 20p I mentioned 15p as a good entry level, when at the time 15p looked like a level well left behind. 15p now though.

Now on EVE, our painful subject. Yesterday I wrote to IG (my broker) asking them to remove EVE shares from my account. They have not responded yet. I am tired of looking at £60k+ losses with no recovery chance. Is depressing. I will even pay a fee to have them removed. :(

Looking very good. Added again today, been adding since single digit SP.. I think this time round the SP will fill the gap at 27.5p and break above. 200-DMA is at circa 50p, would be nice the meet that within the next couple of months, hopefully sooner.

MMAG doing ok so far. I believe this is the bottom for now and will drift back up from here.

Results in January should be at worse the same as just announced so it should not knock the SP off again since the sell-the -news brigade has already sold. Hopefully, we’ll have another business rental service deal and a few more subscribers.

If the production is about to be doubled next month … with ££millions … and ££millions coming in each month … why place? Why dilute? Dividend? … yes, pigs do fly.

Could these delays really be 100% down to simply incompetence? Doubt it, they must have known that thee £12 mil was not enough to bring SFB on line long ago, and this explains why compressor No 2 was not ordered earlier. Would this be the last place before SFB is fully online?

This reminds me of the placing at 4.25p just before the Brockham disaster. The SP shot below 4.25p never to see that level since.

Glad I bailed out earlier, albeit with a loss. I am out and will stay out.

Good luck though to everybody holding. I sincerely hope the SP recovers and goes up even though without me. Good luck all.

Morning guys, I still have lots of faith in MMAG Wyn, when you know, hold on to your conviction. I don’t trade MMAG, even when I see the resistance. I am trying to increase my holding as and when I can.

HE1 placed 198 million shares at 5p, the SP may stay close to 5p for a few days to clear and may drop to 5p or slightly less. I got the feeling that you were not the only one though to sell other stocks to buy HE1 :).

HE1 is a good one to be in now but staying through the drill results though is another issue. Very risky. If I was to get in I would play it like you - get in at or near 5p, set a target (your 20p is reasonable) and bail out when the target is hit. Or bail out at whatever SP just before drill results. If it reaches 20p, might leave in a small amount as a gamble for the results, in case they are successful.

Good luck with it.

The SP is holding quite well at this level and once the 25p resistance is taken out we should move quickly above the top of the gap at 27.5p and in to the 30s. Needs a spark to bring a bit more volume. Fingers crossed soon.

Geeman, ATOME is having a placing at 106p and now is the time to get in. Unfortunately I don’t have spare cash, is all in MMAG.

Got high hopes for MMAG and most of my eggs are now in the MMAG basket. Got very high hopes, I am expecting a few bags, I am expecting to more than recover my EVE losses. I’ll keep you posted.

Wyn bought some MMAG last week, haven’t seen him posting again so I don’t know if he was shaken out. I added more on the drop, now is back up and the way higher. Fingers crossed it will keep going.