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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


Magnolia Pet Share Chat (MAGP)



Share Price: 0.075Bid: 0.07Ask: 0.08Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.01Spread as %: 14.29%Open: 0.075High: 0.075Low: 0.075Yesterday’s Close: 0.075


Share Discussion for Magnolia Pet


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discopablo
Posts: 2,622
Off Topic
Opinion:No Opinion
Price:0.075
RE: How will
Today 08:57
Okenia -as you say, 'arguably'.

I'm just not interested in anything share prophets have to say, based on prior experience. Simple as that but I'm happy with my position. I hope you're happy with yours.
 
bakky
Posts: 4,519
Off Topic
Opinion:No Opinion
Price:0.075
kammi
Today 08:52
I don't need to discredit Rita as she is doing a mighty fine job herself! Caught with her fingers in the till imo!
bakky
Posts: 4,519
Off Topic
Opinion:No Opinion
Price:0.075
Mr E
Today 08:47
I am a long suffering LTH like many here, luckily with only a small holding, but still not liking what I am hearing about RITA and her clan.I doubt TW would be coming out with this stuff without doing his research, sorry but I agree with okenia until they can convince me otherwise.
okenia
Posts: 8,737
Off Topic
Opinion:No Opinion
Price:0.075
View Thread (2)
RE: How will
Today 08:37
"Hot air" - really?

They've made very material accusations against RW. Employing her son-in-law. Writing a new SC after the GM requisition in order to walk away with a chunk of MAGP's cash if she's sacked. Personally flipping an asset that should arguably have been offered to MAGP. The business ethics of her brother the lawyer acting for the estate that sold her the asset at what was subsequently proven to be firesale values.

These aren't hot air, they're tangible and very serious allegations.

Time got MAGP to rebutt them if they are false.
discopablo
Posts: 2,622
Off Topic
Opinion:No Opinion
Price:0.075
RE: How will
Today 08:19
Still red. Too much hot air from share prophets.

It's a bit rich for SOS to kick back and let them do his dirty work imo.
okenia
Posts: 8,737
Off Topic
Opinion:No Opinion
Price:0.075
RE: How will
Today 07:40
Look what happened at Bowleven. Crown Ocean (the activists) were able to communicate with Bowleven shareholders in several way.

Since NTOG control the votes of >10% there's no reason why they can't do an RNS "noting the letter to shareholders from Snead" if that's stuck on the web somewhere.

However there's also no requirement for him to say anything more at this stage and may not do so.
okenia
Posts: 8,737
Off Topic
Opinion:No Opinion
Price:0.075
View Thread (2)
RE: Voting
Today 07:36
Suzanne - "protect my own back".

There's a massive corporate governance issue here. This is not acceptable behaviour from a CEO, sorry.

Magp is owned by its shareholders. RW is paid a salary (a good one) by the company to work for the company (ie the SHs). It's not her company. It's the SHs.

A GM requisition falls on her desk and the first thing she does is write a new SC that awards her a bigger payout if she loses.

In what way is that additional expenditure in any way, shape or form going to benefit Magp shareholders?

What's even more worrying is that rest of the board (did the independent non-execs approve this?) let it be signed. That tells you they also think it's perfectly fine for the board to treat SH with no respect and to view magp as their personal "piggy bank".

You HAVE to have a CEO and board that you trust are working in the best interests of SHs. I would suggest that RW's recent actions indicate that she isn't.
smidsy
Posts: 5,273
Off Topic
Opinion:No Opinion
Price:0.075
How will
Today 07:34
SOS get his message across to us?
He won't be able to use a Magp RNS and I doubt whether he is allowed to use a NTOG RNS so what is left for him unless NTOG has plans to buy more MAGP shares?

Anyone with any ideas?
suzanne1
Posts: 36
Observation
Opinion:Buy
Price:0.075
View Thread (3)
Voting
Today 06:53
Until i hear from the prospective directors about their plans i am fully behind the status quo as they appeared to be doing well. As to rita I also would protect my own back. So my one percent is with the present board i vote today .
MrEnglish
Posts: 1,074
Observation
Opinion:No Opinion
Price:0.075
View Thread (2)
RE: Kammi
Today 06:38
Bakky,

I was about to ask the same question. Haven't had time to read through your posts in detail yet this morning, but I will later today.

However, in the interest of transparency you should probably explain your interest in MAGP. Are you a share holder, present previous or future, do you have some other interest?




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