Well, so here it is!
Hoodless Brennan Stockbrokers of London who I use from time to
time, came on yesterday, with a big punt, knowing that I usually
buy on their reccommendation. It would appear that they and a few other brokers in London have bought a couple of million shares at
prices from November, and that these do not include the DIXON
shareholding, which has to be held for one year.
Dixons may be unknown to people outside the UK but they are one
of the first uk multiples with 1000 stores in the uk (selling hi
street elec/electronic goods) to implement an Internet strategy,
ergo the tie up with mfsu, to provide their Internet subscribers
with Financial info.
Projections for the E-Comm market for UK and the
swing to I-net based stocks are all in line for this year.We are
starting to see web UK technology based resellers having the same impact on the UK market as in the USA.
They have been offering the stock to private clients at 1/16
discount to the US price, and are saying that MFSI will be listed
on the London Exchange by March, thus allowing them to more easily
spread similarly into other European countries, as they have done
in Britain.
MFSI certainly seem to be aggressive in global expansion terms,
which is happening as we speak.
They could achieve 4-10K UK shareowners in mfsi, from which to
initiate your equivalent of an IPO, which would more than guarauntee
the second listing over here. jmho.
Interesting, and at $3 a share they would appear reasonably priced
for the sort of accelerated expansion we need to see!!
The IrishRetailer!!
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