Owen Nobody
25 May 2017
For Sale Well it doesn't look like the management want to stick around does it.
Inside Skinny
02 Mar 2017
What is MMX's USP? 7 years ago I was chatting to a colleague who said he had sunk £7k into a penny stock, MMX.We got to talking. I said ok, so they sell domain names? Are there competitors out there able to sell domain names? Is MMX exclusive in any way? What's the guaranteed growth?It was also at the time the ICANN talks were underway regarding additional domain names (they'd been flip-flopping over addtional domain names for some time). In essence an independent body (well, in the pocket of the US) that no one had sway over.I summarized the conversation with him thus: - MMX is not exclusive in its market- Certainly isn't a leader- ICANN can do what they want, when they want and their decision making is slowMy conclusion, "I'd reduce your exposure" I proffered. He duly did. At the same time I bought £50 in MMX and said "I may as well have burnt this cash." Also, I note the senior leadership team seem to be bigging themselves up but my shares are down 10% over the 6 years (check out OXB, a similar story in regard to management promises).I ask, sincerely, why invest in this stock over any other penny share?
buzzard stubble
25 Jan 2017
RNS Toby Hall, CEO of MMX, commented:"We now have an organisational structure in place that will allow the Group to continue growing profitably. This is particularly exciting given the phenomenal growth we are seeing in what is still effectively a nascent industry - a nascent industry that saw a net growth of over 16million registrations during 2016 - broadly in line with that of .com and all the country codes combined. As we look forward into 2017, our focus will be to continue monetising our portfolio both in terms of new registrations and renewals across our three main regions of focus - Asia, particularly China, Europe and the US, with a natural emphasis towards those markets showing greatest growth."ch
buzzard stubble
23 Jan 2017
appointment Solomon Amoako has joined new top level domain company MMX (formerly known as Minds + Machines) as VP of Channel Management. Amoako will be responsible for sales in the Americas and Europe.He’s a familiar face in the domain name industry, having held roles at Tucows, eNom and Sedo. Most recently, he was Chief Sales Officer and SVP at Sedo for the Americas.Amoako will be working with the registrar channel as well as cultivating relationships with domain name investors. [link]
buzzard stubble
17 Jan 2017
.law / .horse vids MMX Partners with Certified Horsemanship Association in US.[link] promo and commentCohen Pacitella Roth on .law[link] & Kreindler on .law[link]
Owen Nobody
07 Nov 2016
Positive RNS Will be interesting to see if it has any affect on the SP.
oggs
22 Sep 2016
Re: .VIP Personal expression is a very valuable commodity/Overriding culture is uniform....
treble in 1999
21 Sep 2016
Re: NTLD stats strange moved some to nominet[link] was pointed out to me , they RNS's this back in Ap
arborman
21 Sep 2016
NTLD stats strange Just checked the link below to see MMX now only have 10 domains on there, very strange, can anyone throw some light on this please?[link]
f1nants
21 Sep 2016
Re: .VIP I live in Asia and the overriding culture is uniform. Personal expression is a very valuable commodity and how better than to pay 500 pounds for a golf bag and then another 500 for the clubs, or 1000 pounds in a charity auction for a vase of oranges, change all the cars inc the Merc annually, for those without transport go VIP everywhere. Even the buses are called VIP, blazoned along their sides, even when they are not!!I can see that .vip is much more important than .china.
Owen Nobody
20 Sep 2016
Re: Tender Offer Puts a cap on the SP for a while I suppose?
SaltyDog461
20 Sep 2016
Re: Tender Offer Perhaps the feeling was that if Goldstream just bought £5.5m of shares in the market it would have driven the price up beyond 13p and/or started takeover speculation. This 'contolled' approach is maybe better I don't know - interesting times though.
eagle51
20 Sep 2016
Re: Tender Offer I guess £13m being returned to existing holders at 13p a share is the target. "Up to £13m" might be there in case not enough applications are received. But the shares bought back won't be more than 100m (out of an issued capital of of 756.45m). If there are applications in respect of more than 100m shares in total, I guess the 'qualifying' applications' will be scaled back pro rata. (ie 100m/total applications received x number of shares in each application).Goldstream Capital Master Fund will pay 13 p each for 42,307,692 of the above shares (total consideration £5.5 million).If 'fully subscribed' it would result in 57,692,308 shares being cancelled, effectively compensating shareholders for the reduced cash in the business (£6.5m) - more concentrated share of assets reduced by this sum. MMX clearly targeting China and must see this as a good way in. Have to trust the directors' judgement. Time will tell.
readyeddie
20 Sep 2016
I have just read the full details from the company website [link] very involved and raises a number of questions at the same time, I agree arborman a take over could follow in the near future.
arborman
20 Sep 2016
Re: Tender Offer As I understand it the tender offer will be something like... "MMX will buy 1 in every 20 of your shares if you elect to do this" which means the total number of shares decreases and your remaining holding is worth more as there are less shares in issue, but then they go and issue about half the number of shares they just bought from us! Bit confusing unless the Chinese firm are being lined up to take us over...
