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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Magnolia Pet Share Chat (MAGP)



Share Price: 0.675Bid: 0.55Ask: 0.80Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.25Spread as %: 45.45%Open: 0.775High: 0.775Low: 0.675Yesterday’s Close: 0.675


Share Discussion for Magnolia Pet


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LongTrek
Posts: 64
Off Topic
Opinion:No Opinion
Price:0.675
RE; Worried
Today 09:20
Thanks for the link guidedog7, had a good read, sometimes companies delist to move up from AIM to the main market, which certainly isn't the case here with MAGP,
This ones a voluntary delisting, apparently to save £100,000.00 per year.
The problem is will us long suffering P.I.'s ever see any benefits to this saving,? I doubt that very much.
It also states in that blog, that some companies are brought to AIM through an I.P.O at a high price, then allowed over time to drift back down to a lower price, so the company can buy the shares back at a much lower price.
Does make you wonder doesn't it ? Have we all been shafted, and set Rita and BOD up for life?
Or can MAGP rise from the ashes....
 
Munters
Posts: 441
Off Topic
Opinion:Strong Sell
Price:0.675
magp
Today 06:50
papillon25 May '18 - 13:56 - 1760 of 1760

leftie
Posts: 58
Off Topic
Opinion: No Opinion
Price: 0.775
RE: Says it all Today 11:24 Clearly the doommongers have got this completely correct. Rita has failed with this one.

In her favor she has previously had a decent track record of progressing companies.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

LOL. Don't be such a mug, leftie! Rita definitely DIDN'T fail with this one (MAGP). On the contrary it was a GREAT SUCCESS for Rita. If you want confirmation of that just look at her salary & expenses package for the time MAGP was listed on AIM! Wakey, wakey, leftie! You failed, NOT Rita!

And she kept up her "decent track record" of doing very well for herself out of promoting companies!
Munters
Posts: 441
Off Topic
Opinion:Strong Sell
Price:0.675
magp
Today 06:49
papillon25 May '18 - 12:44 - 1759 of 1760

Posted by leftie on the lse bb:

"Robsky, has done endless research into this company and had been a valuable voice on this board."

LOL. How come Robsky's "endless research" (more like ramping!) didn't throw up the fact that MAGP's cost base was far too high for their modus operandi. The BoD's salaries and expenses were far, far, too high for the company to ever make a profit from it's tiny stakes in numerous wells. It was just a vehicle to enable the CEO & family (plus rest of the BoD) to enjoy a very, very, comfortable lifestyle and the company's advisors (and hangers on) to get fat fees.

The only way the company could prosper was via share placings and hence continuing dilution. To get placings away only the initial flow rates of wells they participated in were quoted. They conveniently failed to mention the rapid decline rates of these wells and how, for example, an initial flow rate could rapidly decline so that in 6 months time it might only be a tenth of what it initially was. The end game for MAGP was when they couldn't get any more placings away; the mug punters had had enough!

Yet when all this was pointed out to Robsky and the other true believers (cult members of the Rita fan club) they ignored and insulted those posting the warnings. The main rampers on the lse bb back in 2012, Baron & Christian, turned out to be pumpers & dumpers and soon disappeared from view. I know this because I bought a small number of MAGP shares back in 2012 @ around 2.50p and sold soon afterwards @ around 4p for a small profit because I could see the share was been ramped to high heaven and the talk of everybody meeting up for a 10p party within a few months time was delusional. It's sobering to contemplate that the 2.50p, 4p and 10p back in 2012 correspond to 250, 400p & 1000p because of the 100:1 consolidation.
Igetsit
Posts: 32
Off Topic
Opinion:No Opinion
Price:0.675
Rita took MAGP shareholders...
Today 01:15
....for a ride, from the very beginning and she knew it all along. Anyone will tell you a portfolio of small interests, where you do not control operations, is a suckers bet for sure, doomed to failure in the US oil patch. There was a 100% chance from the very first trade after admission that MAGP investors would lose it all.....the only question was how long it would take. Companies like UKOG, and others.....while the odds are perhaps against them.....at least they have some chance, even if small.......all MAGP investors ever had was a 100% chance of losing.
NorthernMagic
Posts: 955
Off Topic
Opinion:No Opinion
Price:0.675
Does any one think that there might
Fri 22:12
be any possibility of a buyout of Magnolia, or is that just wishful thinking.
Atb,
Northern
leftie
Posts: 58
Off Topic
Opinion:No Opinion
Price:0.775
View Thread (4)
RE: Says it all
Fri 11:24
Clearly the doommongers have got this completely correct. Rita has failed with this one.

In her favor she has previously had a decent track record of progressing companies. Also, I still think the company vision of proving up the land to sell piggybacking the drilling of bigger oil companies drilling adjacent sections was solid. A safer investment than the boom and bust speculative drill oil companies such as UKOG and others.

Sadly, and this is the boards fault, the vision was not clearly communicated to investors. Where was evidence of a long term plan to prove the land up to sell? What was the long term plan? Mistakes were made (Roger Swartz for example, the purchase of worthless land in Montana as another). They burnt the cash without getting in the returns.

Robsky, has done endless research into this company and had been a valuable voice on this board. Its very sad that it has not worked but to mock his mistake at this point is not clever.

The lessons that should learnt here is to spread the risk, and do not fall in love with a share.
charliereddog
Posts: 1,662
Off Topic
Opinion:No Opinion
Price:0.775
View Thread (2)
Let me tell you a story
Fri 08:41
About a naive lad who decides to get into shares. Buys and sells a few penny stocks and makes a few quid. Gets cocky. Whacks 18 grand into a company which is being pumped to high heaven by a Baron. Fast forward 5 years and his 18k is now worth about 100 quid, and even that can't be sold any more.

Moral of this story? Don't gamble if you cant afford to lose...
greedyspread
Posts: 54
Observation
Opinion:Buy
Price:0.775
Fair deal
Fri 01:14
I should have said "I received ........" below. I'm not a stickler for spelling but that mistake was unforgivable.
Munters
Posts: 441
Off Topic
Opinion:Strong Sell
Price:0.775
Says it all
Fri 00:21
Robsky
Posts: 4,596
Off Topic
Opinion: No Opinion
Price: 0.75
MAGP Today 16:21 I sincerely hope most of the larger buys are going to be part of the 75% against the BOD and that lying CEO ... Share holder value haha she wouldn't know it if it smacked her in the mouth.
GLA vote against delisting.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Yet, Robsky, you were one of those deeply in love with the CEO (Rita), rubbishing the naysayers who warned you about her. If you had listened to FLETCHER & Winnifrith's ************* years ago you would have sold your MAGP shares and saved yourself a lot of money. Even last year when NTOG were trying to oust the lovely (LOL) Rita you were backing her up to the hilt. Despite the truly awful MAGP sp performance since the start of 2013 you wouldn't hear a bad word said against Rita. Now you are bad mouthing her. What took you so long to realise that she wouldn't know "shareholder value" "if it smacked her in the mouth"?




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