Register
Login:
Share:
Email Facebook Twitter

Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Magnolia Pet Share Chat (MAGP)



Share Price: 0.10Bid: 0.09Ask: 0.11Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.02Spread as %: 22.22%Open: 0.115High: 0.115Low: 0.10Yesterday’s Close: 0.10


Share Discussion for Magnolia Pet


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


oilmagnet477
Posts: 6,268
Off Topic
Opinion:No Opinion
Price:0.10
RE: RFW
Today 00:18
All this does is add fuel to a fire that Magp didnt need. There could have been many reasons for SOS to leave that wouldn't necessarily have spelt bad news - indeed, it was initially indicated that he would remain a shareholder.

For him to have sold his holding at such a massive discount (although I totally agree that such a big chunk would have been difficult to shift at any higher price than 0.06p) for me smells bad. I'm truly sorry to say that it exposes a rift within the BoD that must have lead to his departure. If not, surely to God, Rita and co would have done what they could to buy him out at a modest premium to the relatively paltry sum of £125k. To not have arrived at a deal, or if Rita was blind sided, not even sought one, has to indicate a major breakdown in the relationship.

I sincerely hope that this is a mere blip and given the freedom to move in the direction that she sees fit, Rita can now take the company forward. I have said before that she is long overdue releasing a strategic statement about the future of the company. Like never before, that time has come.

I sincerely wish everyone here all the best. Investing is difficult enough on AIM without this kind of crap.

GLA
 
discopablo
Posts: 2,568
Off Topic
Opinion:No Opinion
Price:0.10
RE: RFW
Sat 23:21
Your first point is very good Baks. I had not clocked that it was published by NTOG rather than by MAGP.

Of course with the holding being above 3% they must let the market know but surely they should report to us and let our Bod then release the news in our own way.

This might sound like splitting hairs but actually the wording can be very important as you have yourself pointed out and don't really need me to comment further.

The use of the word acquisition for example - it is clearly phrased in a manner to try to benefit the sp of NTOG rather than MAGP - I mean the whole script is really!!

I can't see RFW being anything other than furious with the way this has been reported. I certainly don't see NTOG as having significant influence at all on MAGP either however. 10% simply isn't enough. She will continue in the same manner of the last few months I'm sure.

Happy to hold.

All the best
bakoven
Posts: 3,909
Off Topic
Opinion:No Opinion
Price:0.10
View Thread (2)
RFW
Sat 20:42
Unless I am out of line no one has commented about a third party putting up an announcement on MAGP's domain. It seems to be outside the stock exchange remit as the door could be opened to similar actions.

Was RFW aware of the disclosure prior to publication or did she first learn about it when turning on her computer in Broken Arrow on Friday morning? Possibly the latter, and she would have been as furious as the cobra and puffadder that I used to take through to Kommetjie snake farm.

I have watched ML at work since 2011, and avoid any off-key remarks. How SOS could have contemplated this step is beyond understanding. He has always, until very recently, been a reassuring presence. Even with a theorised board fallout he should/would have maintained the company-comes-first attitude. The disbursement of his stock might have followed causes unstated, such as a sudden health reversal.

ML has historically been a wheeler-dealer type. Maybe he has changed, but I remember giving him the title, Mr Ten Percent. And that coincidentally appears to be his stake here. He is not an Oklahoman, and RFW in my book should be allowed unfettered continuation of her programme. Any interference by a foreigner, if indeed that is to be the intention somewhere down the track, is just not on. Her drilling participation progress is taking the company in the right direction.

ML is nothing more than a shareholder -- admittedly a big one -- like the rest of us. The use of the word "acquisition" should never have been permitted.

I am in the red corner.
okenia
Posts: 8,624
Off Topic
Opinion:No Opinion
Price:0.10
RE: WHY
Sat 17:52
It'll be interesting to see if this is just NTOG picking up shares in a company they like on the cheap (possible) or else whether it's the start of some corporate wheeler-dealing. Certainly wouldn't bet against that given the past track record of NTOG. Interesting times!
okenia
Posts: 8,624
Off Topic
Opinion:No Opinion
Price:0.10
RE: WHY
Sat 17:51
No worries. Good luck to you too.
INFINITYT
Posts: 299
Off Topic
Opinion:No Opinion
Price:0.10
RE: WHY
Sat 17:16
You are correct okenia sorry I read the RNS yesterday and failed to see that lower part. Best Luck to you.
Troy2011
Posts: 21
Off Topic
Opinion:No Opinion
Price:0.10
Ntog
Sat 16:56
Does anybody know anything about ntog?why is it immediately a bad thing.
okenia
Posts: 8,624
Off Topic
Opinion:No Opinion
Price:0.10
RE: WHY
Sat 16:46
It doesn't say a proposed deal with MAGP in the RNS. It says

'The Magnolia Shares have been purchased from Steven Snead, the former CEO of Magnolia, and his family'

There is no mention of any proposed deal with MAGP itself, I'm afraid you've mis-read the text.
okenia
Posts: 8,624
Off Topic
Opinion:No Opinion
Price:0.10
RE: WHY are MOD drilling so fast?
Sat 16:43
(and that header should say WHY, not the rest of the text - flipping autocorrect filled the rest in duh-huh!)
okenia
Posts: 8,624
Off Topic
Opinion:No Opinion
Price:0.10
WHY are MOD drilling so fast?
Sat 16:42
It doesn't say a proposed deal with MAGP in the RNS. It says

'The Magnolia Shares have been purchased from Steven Snead, the former CEO of Magnolia, and his family'

There is no mention of any proposed deal with MAGP itself, I'm afraid you've mis-read the text.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.