. London update .london updateFurther to the announcement of 27 October 2015, the directors of Minds + Machines (LSE:MMX), the publicly quoted owner and operator of Internet top-level domains, are pleased to announce that Dot London has announced that first year renewals for the 38,389 names applied for during the Dot London Sunrise, Landrush and first day of General Availability periods and registered between 19 August 2015 and 9 September 2015, reached 75.4%. This is at the top end of industry renewal rates.The full text of the Dot London announcement can be viewed through the following link, [link] Van Couvering, CEO of Minds + Machines, said:"Geo TLDs represent an important market segment for the Group. Strong renewal rates, underpinned by strong adoption rates, are among the reasons why we believe geo's can play an integral part in building a long-term, powerful platform from which we can continue to grow."ch
renewals sound good to me .... eventualy the market will turn on this one for the good.
Re: Volume I agree Oggs; the share price has gone nowhere for years now, and all the news is well known to the market. There are better places to invest.
Re: Volume I can't see the buyback helping the share price to any degree. The fancy valuation predictions were based on this becoming a serious moneyspinner but there doesn't seem much prospect of that. If that is the case then it will be priced more on the basis of a utility than an excitin growth stock.
Re: .Law gained 237 = 2308[link]
Sp not yet. I have been following this discussion now for 18 months or so, I'm in with 1m + and am just better than even. Thanks for all the comments, it's a new market and the MMX business model is far from standard, without you guys I would have been out in frustration ages ago. I believe MMX will be a winner, the question is when? Obviously no one knows. All the positive news post Freddy is great and part a necessary part of the journey but I do not believe it will shift the sp much at all. Setting aside the failed auction payments MMX has never shown a profit based on sales and controlled costs, AVC has indicated MMX are working toward showing a trading profit in 2016. Success here is all about sales, we need to show a significant trading profit together with a sales forecast that doubles sales in the year going forward, this will be a signal to the market and represent a significant investor opportunity, then we can all take the sp ride we want. So this is not going to be for 18 months before it starts imv. My guess is that as the sp rises to circa 24p one of the big fish will fancy a bit of TLD real estate and the only way to get it will be to buyout a company like MMX, this may take the sp to circa 35p before conversion. So for me it's a wait, but I think it will work out well, watch the sales, that's where the story is.
Sp not yet
Re: Volume 21.6 million at the end of play!Also just noticed that the 50 day sma crossed above the 200 day sma on about 7th octoberThis can often signal a rising sp trendSo i am giving it a strong buy againGLA
Volume Over 14 million shares traded today including one over 8 million, one at 3.5 and one at 1.5More share buy backs ?Not helping to shift the sp though.....
Verisign: new TLDs are affecting .Com growth Verisign: new TLDs are affecting .Com growthBY ANDREW ALLEMANN OCTOBER 28, 2015Company makes admission for first time in latest SEC filing.VerisignVerisign made a subtle, but important, change in its risk language in its third quarter 10-Q report filed with the SEC. I picked up on this change using the Intelligize SEC document comparison tool.Heres the relevant content from the Q2 report:We do not yet know the impact, if any, that these new gTLDs may have on our business, including if or how the introduction of these new gTLDs will affect registrations for .com and .net and therefore have a material adverse effect on our business, results of operations, financial condition and cash flow.[link]
Re: .Law .Law Early Access Grosses Over $1 millionBY ANDREW ALLEMANN OCTOBER 27, 2015Minds + Machines releases Q3 update including early .Law results.The .Law top level domain name is off to a solid start, generating $1.18 million of orders during the first week of the Early Access Program combined with .abogado (Spanish for attorney).Similar to other registrys Early Access phases, the phase was structured like a dutch auction in which prices started high and dropped over time. This was Minds + Machines first foray into Early Access.To date, there have been over 3,135 applications for .law and .abogado. Actual registration numbers lag applications due to a verification process.In a Q3 update released today, Minds + Machines said it continues to identify ways to cut costs from its organization. It cut $940,000 in annualized costs last quarter on top of $1.3 million cut before that. It plans to cut another $700,000 in annualized costs heading into 2016.The company also announced that it will cancel the shares it has purchased through buybacks so far. It has held the 6.3 million shares in treasury until now.[link]
Re: market not impressed nor is BS impre... funny how it makes it to 90 by the close...
Re: market not impressed nor is BS impre... absolutely BS-your initials says it all!!
Re: market not impressed nor is BS impre... Well the market seems to have spoken and decided that the first digit should be an 8. Pretty depressing really short term.
Re: .Law Law jumps to 1961 todaypushing us over 300k excluding .nrw[link]