psmith641
18 Nov 2019
Wider Losses at Mirada A good day for Mirada. Must be some good news coming out with the results next week. What for you think JC ?
piw
03 Jun 2019
Video: Mirada MIRA presentation at Mello London May 2019 by Jose Luis Vazquez, Founder & CEO presenting at Mello London May 2019. Giving an overview of the business and his vision. piworld.co.uk Mirada (MIRA) Presentation at Mello May 2019 By Jose Luis Vazquez, Founder & CEO Mirada plc is engaged in the provision and support of products and services in the digital television and broadcast markets.
johnmford13
14 Jun 2018
15% interest? Test - 1234
nick2name
07 Mar 2018
15% interest? can't they do a balance transfer?
psmith64
03 Jan 2018
Re: Wider Losses at Mirada The gambler in me says buy some more JC.I have certainly made enough elsewhere to take a punt at these prices........maybe use some of my profits from Lloyds. How you doing there of late? Or did you take the cash and run before more losses occurred. Nobody parts with £ 1.7 million on a whim. Certainly looks to have an income stream so potential takeover material if nothing else. So like you said at 0.7p.........it surely can't go any lower.
JohnyCash
20 Dec 2017
Wider Losses at Mirada Audio-visual content group Mirada posted widened losses in the six months leading to 30 September.The weakened Mexican economy led its biggest client, Televisa, to forward less money towards Mirada, leading to a decline in half-year revenues from $3.79m to $3.47m.LBITDA widened to $1.2m from the $80,000 the group posted at the same time a year earlier, mainly due to a heightened investment into sales, marketing and operational activities, and pre-tax losses grew from $1.7m to $2.92m.Net debt also increased, moving from $5.25m at the halfway point of 2016 to $7.57m twelve months later.José Loss VaselineQuiz Chief executive officer of Mirada, said, "We would like to apologise to Paul Smith of iii BB for such a poor performance.JC
JohnyCash
29 Nov 2017
0.75p !! How's your investment doing Paul Smith?I've posted negative alerts about this company for years now and the chicken has come home to roost. I did invest a tiny amount on the basis I thought the SP had reached rock bottom but wow! how low can it go? Just a matter of time I guess before it goes belly up and investors will lose what little they have left in the pot.---------- ---------- ---------- ---------- ---------- ---------- ---- (ShareCast News) - Mirada, the Anglo-Spanish software provider to digital TV operators and broadcasters, has agreed a one-year loan facility of up to £1.7m from its major shareholder, who can elect to convert the loan into shares within the next year.The loan was provided by 27% shareholder Ernesto Tinajero's Kapthungs vehicle and a pair of Panama-based outfits, Kronck and Minles. Tinajero is the former owner of Cablecom in Mexico, a customer of Mirada that is now part of the Televisa Group.If the trio of lenders converts the fully down facility in full, this would require 151.8m new ordinary shares being issued, which would represent approximately 52.19% of the AIM-listed company's enlarged share capital.The new shares would be issued at a price of 1.12p, which is the average closing mid-market in the thirty days leading up to 22 November, though the shares have fallen almost 90% since the start of last year, inlcuding 76% in 2017.José Luis Vázquez, CEO of Mirada plc, said the owners of Kronck and Minles, Enrique Septién Suárez and Luis Martínez Ocariz, respectively, "are relevant members of the industry" and "know the company" from previous business relationships.Vázquez said the facility will provide the company with working capital for the successful delivery of its recently won contracts with Nasdaq-listed pay-TV group ATN International and Bolivia-based Digital TV Cable Edmund.Investors were most unimpressed, with the shares hitting a new all-time low of 0.65p, falling 30% on the day to finish at 0.75p.
leperky
21 Sep 2017
Re: BUY !!! Looks like we're not the only ones....[link]
leperky
14 Sep 2017
Re: BUY !!! Ha Ha good luck!! Guessing the new contract has persuaded you that a cash call may not have to happen now?The CEO reckoned some $ will flow from that around Mar 18....if they can survive on their cash till then....Tempted to join you buying, but I had a few more recently (against my better judgment!) so better leave it at that for now...
JohnyCash
29 Aug 2017
BUY !!! Just bought in !!Yeah, I know, I must be mad.........However, new contract win announced today and offered at 1.15p persuaded me it's worth a punt.This is either a multi-bagger at this price or the company will go bust.Paul Smith - Are you there ?!!JCStrong buy !! Lol
JohnyCash
21 Aug 2017
Roll Up !! Roll Up !! A street trader in Peckham >>Come on now ladies and gents, I'm not asking 12p, I'm not asking 10p, I'm not even asking 5p, get your Mirada shares here and now for just 1p !!When they're gone, they're gone - last chance at this price !! Roll up, Roll up !Aw gawd, ere comes the old Bill......See yer later folks........JC
sceptical ali
16 Aug 2017
I doubt they'll produce the results before the deadline.
JohnyCash
14 Aug 2017
Net debt = £5.91 million Yes, that's right folks, net debt stands at £5,910,000This after selling some outstanding invoices to a finance company at a discountARHWOOOOOOOOOOOOOOOOOOOOOOO !!The sound of a dying dog.............(ShareCast News) - Cable TV software provider, Mirada said it had seen an increase in business from its primary customer Televisa, but worries about the company's financial position caused share prices to drop as much as 35% Monday.The AIM-listed technology company said the number of set-top boxes at the cable networks of Televisa running its software had topped 750,000, with a quarter of the new households using Mirada's technology having also installed its over-the-top (OTT) services.Furthermore, in the last two months new subscriber numbers had accelerated, leading to greater license volumes from Televisa, the company said in an ammended statement.Mirada attributed that to the strengthening Mexican currency and a reduction in the uncertainty around the country's economic future in the immediate wake of the US presidential elections, which caused a slowed roll-out of Mirada's Iris product.The company also announced it had received more than $1.3m from its invoice discounting facility provider linked to recently agreed set top box purchase orders with Televisa which were mostly rendered during the reporting period.Payment for those orders from Televisa was expected by the end of September 2017 and discussions were ongoing with its auditor regarding th appropriate revenue recognition.Greater marketing spend had also resulted in a "materially" larger sales pipeline than in previous years.As of the financial year-end on 31 March, the company's net debt stood at £4.26m with additional available facilities of £3.17m.Following the receipt of $1.3m from its invoice discounting facility provider its net debt had risen to £5.91m as of 31 July with available facilities of £1.21m.Meanwhile, its cash in hand balance was at £460,000."The receipt of the payment from Televisa in due course is expected to have a beneficial impact on the Company's net debt position, all other things being equal."1427 BST, shares were down 35.71% at 1.13p.
nick2name
14 Aug 2017
not the chairman's statement the board would like to than creditors for providing cash for payroll during another year of plsspoor performance
sceptical ali
14 Aug 2017
Trading update What's the point of putting spin on this update, the market just sees straight through it. Here's my view on a more accurate update... "Despite our best efforts, the Company has failed to attract a single customer since Televisa, consequently, the outlook for the Company is bleak".
