Subscribe to this topicForums > MiLOS Designs > Topic: MiLOS Designs - General Discussion
| Oct 26th 2008, 06:41 firstdesigns Milos |
MiLOS Designs - General Discussion | |
| Dear shareholders, There is a group for all shareholders in-world. its titled "MiLOS Designs Shareholder Group". I will also use this group to send out notices to you all as well as here in the forum. If you are not currently in the group then please message me in world and I will send you an invite. Have a good day. firstdesigns Milos |
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| Nov 4th 2008, 12:32 Sportsbets Writer |
Re: MiLOS Designs - General Discussion | |
| Hi, i think i remember your company name since my first days in SL...how long does MILOS Design exist until now in SL? Didn´t read the prospectus Did you went IPO for: 1. Marketing Pursposes ( which is not bad some companys like i`m invested in did that in the past) 2.Just in need of funds to expand, let design products etc 3.Because you have a good heart and share your profits with us ;) SW |
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| Nov 6th 2008, 21:03 Andy Grant |
Re: MiLOS Designs - General Discussion | |
| Based on what Milos stated earlier the answer is unclear... It was also the reason why i didn't invest in IPO, but the option is still on the table :) "Using an average net profit of 50-60k L$ this gives a ROI of 3 years. The decision that needs to be made is whether this average net profit will stay the same. What needs to be taken into account is that in the past 8 months MiLOS Designs has reinvested the majority of its profits into expansion. As it stands MiLOS has a firm foothold, with its 200+ products and its half a sim store. In reference to your second point you are completely correct. I do not need to raise any capital with my current profit (after expenses). My reason on wanting MiLOS to become a listed company is so that I can make an attempt at providing investors with a company that produces a return. It is all a learning experience for me and I think that I will be able to provide slcapex with a CEO that is honest, committed and one that is online regularly. I do fall short at perfect tact in what I say, but I will say it how it is and I think that is something which is needed. If anyone wants to contact me in regards to anything or if you simply want to get to know me better then please feel free to message me in world. With kind regards, Firstdesigns Milos." I'd like to know exactly what the purpose is, i believe it is a mix of 1,2,4 and 5 (4 beeing have the ability to profit from trading own stock, 5 having a cash reserve in case of "unusual events"). It definitely isn't 3. |
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| Nov 7th 2008, 07:01 firstdesigns Milos |
Re: MiLOS Designs - General Discussion | |
| Andy and Sportsbets, thank you for your posts. At present, I currently have no use for the use of the IPO funds. My reason for wanting to become a listed company was as I stated previously, "I do not need to raise any capital with my current profit (after expenses). My reason on wanting MiLOS to become a listed company is so that I can make an attempt at providing investors with a company that produces a return." I would suggest that this point would in fact cover an area of point 3, that you suggested it is definately not. I am currently not in any need to expand my product range, as this is what I have been doing for the past 10 Months. If, however, there are any opportunities that arise, that I am able to fully assess and that I can see a positive investment being made, then I will no doubt consider such an option, and voice my suggestions to the shareholders. Another key area to MiLOS is marketing. At present I am only using one main method of marketing/advertising and I am fully aware that there are many available. I am to determine which methods will be beneficial to MiLOS and the shareholders. Initial ideas involve placing all products onto commission vendors, and setting up areas on SLX, Onrez, Hippo etc. One major area that I am looking into is the development of a franchise. Creating a template whereby an individual can obtain a package containing a MiLOS store, posters, artwork, and vendors of the products. Where these franchisees take on the risks of marketing and rentail payments. This is one option. In the meantime I intend for the IPO funds that have been generated to remain on the balance sheet. I regard myself as a highly prudent CEO, and I won't go spending the funds without real review of what the funds will be spent on. I hope that this clears up your queries, if not then please message back and I will attempt to further answer your questions. With kind regards, firstdesigns Milos CEO MiLOS Designs |
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| Nov 7th 2008, 12:01 Andy Grant |
Re: MiLOS Designs - General Discussion | |
| Thanks alot for the answer, now that i know why you raised the funds i can say MLS sounds like a good invesment. :D | ||
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| Nov 22nd 2008, 04:46 Sportsbets Writer |
Re: MiLOS Designs - General Discussion | |
| TX for answer.And yes, sounds like a good investment indeed. | ||
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| Dec 2nd 2008, 13:49 Sportsbets Writer |
Re: MiLOS Designs - General Discussion | |
| Great Job ,Milos! Good Company&CEO, solid business backed by a healthy cash position, nice dividend even in "hard" SL-Times...good i picked up some shares and i´m ready for more XD MLS`s going to be my favourite stock here =) SW |
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| Dec 2nd 2008, 20:25 Gordon Wendt |
Re: MiLOS Designs - General Discussion | |
| Now after two months of dividends and a 33% increase in share price I'm really wishing I had bought more :) | ||
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| Dec 2nd 2008, 21:02 Sportsbets Writer |
Re: MiLOS Designs - General Discussion
Edited by author Dec 2nd 2008, 21:04 |
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| yeah me ,too :( but i just bought some k shares (but open orders for some more ;). Should`ve bought at IPO but compared to some other stocks it´s still remains cheap. I just buy and hold, expect some Return on Investment here longterm. Beside it´s a solid business &Company i also like the fact that there are just 59k shares not in major holders hands.... |
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| Dec 2nd 2008, 23:54 Andy Grant |
Re: MiLOS Designs - General Discussion | |
| The only thing wich could make MLS better is if the cash would be used for something better than look prety... Lindex provides an annual ROI of ~80% without beeing any risk involved, wich isn't bad. Alternatively MIF provides ~43% YTD return wich isn't far off neither, but involves some risk. The difference would be, that MLS would be able to pay a monthly dividend of 0.06 to 0.10 per month instead of 0.016-0.032. For the record i own some K's of MLS shares. |
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