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Magnolia Pet Share Chat (MAGP)



Share Price: 0.19Bid: 0.17Ask: 0.21Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.04Spread as %: 23.53%Open: 0.185High: 0.19Low: 0.185Yesterday’s Close: 0.19


Share Discussion for Magnolia Pet


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gorgeousgeorge
Posts: 250
Observation
Opinion:Weak Buy
Price:0.19
RE: Acquisitions
Sat 11:04
I think that is a fair comment. I am going by the strategy that has been set out by the company. Now, you may say that is just the story and we must look at the reality. I quite agree. However, MAGP does appear to have access to reserve-based lending. Let's see. I am fairly comfortable with risk/reward at these levels. I am not saying that MAGP won't go lower, it will depend upon the placing price and the short-term price of oil. I am not going to take part in the placing but I will be a consistent buyer in the secondary market over the coming months and years. I took that decision a while ago, my concern was finding an appropriate entry level. This company is priced to fail. On balance, I don't believe it will. I could very well be wrong. If I am wrong, at the moment I stand to lose hundreds of pounds - a nasty and unwelcome slap in the face. I will learn the lessons and bare the pain. If Maggie survives and we see an increase in the oil price, I will gain a few thousand pounds. That interests me. We may wait a long time for 5p at the top of a bull market, but even 1p is almost a 6-fold return from here. I believe that to be a realistic target. Yes, we will need to see a higher oil price. Yes, MAGP will need to keep the lights on in the meantime. Yes, we will need a catalyst. I fancy that we will see all three of these possibilities realised.
 
Guidedog7
Posts: 358
Off Topic
Opinion:No Opinion
Price:0.19
oil rallies
Sat 07:43
Shares gain as global economy fears ease; oil rallies
By Reuters | Fri, 12th February 2016 - 22:04

By Sam Forgione

NEW YORK (Reuters) - U.S. and European shares rebounded from recent weakness on Friday, with reassuring U.S. retail sales data boosting sentiment, while U.S. crude prices rallied from more than 12-year lows.

Banking shares in the United States and Europe spiked, with the S&P financial index closing up 4 percent and the STOXX 600 Europe Banks index gaining 5.6 percent.

The U.S. S&P 500 gained about 2 percent after five days of losses that had dropped it to its lowest level in two years on Thursday, but still posted its second straight weekly decline.

In Europe, advances in shares of Deutsche Bank and its rival Commerzbank of 11.8 percent and 18 percent, respectively, helped European stocks rebound.

The FTSEurofirst 300 index of top European shares notched its biggest daily gain in five and a half months after hitting a two-and-a-half-year low on Thursday. The index ended up 3.04 percent at 1,232.09.

The S&P financial index has fallen more than 14 percent this year, and the European bank index nearly 25 percent, battered by intensified worries about the impact of central banks' negative interest rate policies on banks' profitability.

Commerce Department data showing U.S. retail sales excluding automobiles, gasoline, building materials and food services increased 0.6 percent in January also boosted optimism.

"Europe was strong, especially the banks, and that appeared to have some positive carryover effect on banking stocks here in the U.S.," said John Carey, portfolio manager at Pioneer Investment Management in Boston.

MSCI's all-country world equity index, which on Thursday closed more than 20 percent below its all-time high to confirm a bear market in global equities, rebounded 3.9 points, or 1.1 percent, to 357.25. Mainland China markets reopen on Monday after the Lunar New Year holiday.

U.S. stock and bond markets will be closed Monday for the Presidents Day holiday.

On Friday the Dow Jones industrial average ended up 313.66 points, or 2 percent, at 15,973.84. The S&P 500 closed up 35.7 points, or 1.95 percent, at 1,864.78. The Nasdaq Composite closed up 70.68 points, or 1.66 percent, at 4,337.51.

The S&P energy index ended up 2.6 percent. Oil prices surged on prospects for a coordinated production cut sparked by comments from the energy minister of OPEC member United Arab Emirates.

U.S. crude settled up 12.32 percent at $29.44 a barrel after hitting $26.05 a barrel on Thursday, a more than 12-year low. Brent crude settled up 10.98 percent at $33.36 a barrel.

Safe-haven 10-year Treasury notes were last down 27/32 in price to yield 1.74 percent after hitting 1.53 percent Thursday, their lowest yield since Aug. 2012.

"The upbeat retail numbers provided a rebound and the fear-trade we saw all week seems to have moved on for now," said Kathy
Ophelia
Posts: 33
Off Topic
Opinion:No Opinion
Price:0.19
Acquisitions
Fri 23:08
I can't understand why people keep banging on about acquisitions . The company is priced on the basis it's running out of cash and a placing seems likely. Where on earth would the money come from to fund this ? It's delusional.

If Snead wanted to spend his money on making an acquisition why on earth would he choose to do that through the vehicle if magp ?

Will put my tin hat on .......
jr71
Posts: 779
Off Topic
Opinion:No Opinion
Price:0.19
RE: Everybody SIGN THIS PLEASE
Fri 21:35
Done..
Robsky
Posts: 3,887
Off Topic
Opinion:No Opinion
Price:0.19
View Thread (3)
RE: Robsky
Fri 19:46
Agree wholeheartedly Oilm all shares of interest to me are plastered mate, unfortunately a couple of years late for us and our previous efforts but better late than never, can we start another petition against SHORTING while the iron is still in the fire and PI's are hot ? Great analysis on your last post !
oilmagnet477
Posts: 3,876
Off Topic
Opinion:No Opinion
Price:0.19
View Thread (3)
Robsky
Fri 19:32
can't take the credit - raceyno1 has been plastering this far and wide but I just spotted it on our 'other' BB lol

Feel free to spread far and wide - the sooner this situation is rectified the better - that said, until shorting is outlawed we will never truly win.

"Mr Cameron, I believe the property market is going to tank, therefore please 'lend' me your house so I can sell it and then I'll buy it back when the prices collapse"

When you look at it in these terms, it is utterly ridiculous. No ifs of buts, it stinks. What else can you legitimately sell if you don't own it. This is an invention by the financial big boys to make money out of doing absolutely FA.

It is difficult enough to make a living from hard f-ing graft, why should the pin stripes be able to shaft us all royally and contribute nothing apart from global melt down when the wheels come off. REBELLION TIME me thinks........
Robsky
Posts: 3,887
Off Topic
Opinion:No Opinion
Price:0.19
RE: Everybody SIGN THIS PLEASE
Fri 19:05
Done Oilm good find we need to take on the cloak of " Mr Magnolia" and past it all over AIM lol.
oilmagnet477
Posts: 3,876
Off Topic
Opinion:No Opinion
Price:0.19
View Thread (3)
Everybody SIGN THIS PLEASE
Fri 18:16
https://petition.parliament.uk/petitions/112044

Sodding typical - I tried to do this about 3 years ago and couldn't even get permission to have a petition.
Maybe a few MPs have got stung by investing their expenses in AIM over the intervening years.

Long Live 'OilMags Trading Law' lol
Robsky
Posts: 3,887
Off Topic
Opinion:No Opinion
Price:0.19
View Thread (3)
BP report
Fri 16:29
Report: OPEC’s Strategy Will Fail, US Oil and Gas Production Will Continue to Thrive

BP recently released its annual Energy Outlook, which explains its predictions for the global energy landscape over the next 20 years. While the report mentions the current market decline has created some difficulty the short term, BP says this slump in U.S. production is only temporary. The energy company anticipates a majority of the supply growth to come from non-OPEC countries in the Americas, with the U.S. leading that charge. The secret behind U.S. longevity, even with oil prices at record lows, is simple: fracking.

http://energyindepth.org/national/report-opecs-strategy-will-fail-us-oil-and-gas-production-will-continue-to-thrive/
Guidedog7
Posts: 358
Observation
Opinion:No Opinion
Price:0.19
Anyone else for a topup
Fri 15:39
0.174 TO BUY before the weekend! this must go up soon !!

NO ONE FOUND THE 46M SHARES YET THEN :(((




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