Member Info for You_Having_a_Laugh

Share buybacks when undervalued can be best use.
What matters is shareholder yield overall.
If shareholder yield via buyback is better, then buyback is better.

They took down Imperial Innovations (acquired) and that stifled their acquisition.
There are questions to be answered by upper management else this will cascade down through 100p and not stop gently at Jeffries 95p.

IPO can deliver, it's just that they haven't.
An exercise to explain themselves to the market might no go amiss.
As is it look rudderless and just buffeted about.
Is that down to management? I suspect so.
All things to all people and nothing to anyone in particular = lacklustre performance.

The difficult bit, "All you have to do is pick the right ones."

In absence of being able to see the future then pick a large basket with some probability the winners will compensate for the dead-ends and losers. For IPO they also need to keep expenses well down and there's always the need to make use of the cycle, which is not in their favour at the moment.

Unfortunately exits at good multiples have been harder to come by so this languishes.

A blockbuster exit would help. When the cycle turns (I don't know when) this should rise very convincingly. Trouble is, have no idea when and that will be as much trend following and momentum investing as it is supporting nascent new tech companies and industries.

My conclusion, size a position in IPO carefully and just forget about it.
GROW has done ok for me so far. IPO could learn something from them.

It needn't cost the user a penny but could rein in abuses and share revenue. Such a system will arrive and best forced outside of the data colle tours orbit - in other words not controlled by Google, FB etc.

Just have to wait.

Interesting idea going forward. Paraphrased, "Govs forcing companies using your data to get your permission via your private block chain identity, pay you for the privilege. As an incentive to let them use your data. Watch this become a political topic in the near future."

To do so each has a web page related to block chain where permissions are easily granted/denied and any revenue deposited.

There will be crypto news too, we already know there will.

Management need to be very careful buying too close to game changing news. A buy blackout a few weeks before, even a couple of months, is no bad thing.

If they did have morals fags & weapons companies would be cheap as chips.

At least a porn tld might be easier to filter to shield youngsters from it and anyone registering it makes their intentions clear.

Even better.

https://biv.com/article/2019/01/situation-critical-critical-metals

Demand for rare earth will track electric/renewables. Not just copper, zinc, SEE.

https://biv.com/article/2019/01/global-energy-transition-powers-surge-demand-metals

Ezza is correct. "The board are working to a plan....let them get on with it."

Their wallet partner offers the 3 - EOS, BITCOIN, ETHEREUM.

Looking at wallet partner I suspect the next 2 crypto to develop for will be EOS & Bitcoin.
It will help.
If tied into industrial Blockchain apps that whole are will be very useful to MMX.

Very encouraging. Reads well and momentum is positive.
The crypto side will add fuel, just needs time and further development.

15:1 type. Even 20:1.
Some institutions won't go near a penny price.

Would like to see a consolidation.

It all adds grits to the mill, updates MAS’ definition of “e-money” to now include e-wallets..

https://thetokenist.io/monetary-authority-of-singapore-to-introduce-a-regulatory-framework-for-cryptocurrency-exchanges/

Probably some regulation coming.

I wondered about this a while back and if Brine concentration was likely to have a negative impact. Not much alternative though if you want potable water from the sea.

https://www.sciencenews.org/article/desalination-pours-more-toxic-brine-ocean-previously-thought

Internet domain growth dynamics have been known for a long time.

I see luxe as a future sell-off or float and also offering more business model innovation and different/better potential margins.

The divi potential for the existing business is one thing, luxe is something much different. How they move forward with it will be interesting to watch. Look how quickly it paid for itself.