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Magnolia Pet Share Chat (MAGP)



Share Price: 2.025Bid: 1.95Ask: 2.10Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.15Spread as %: 7.69%Open: 2.025High: 2.025Low: 2.025Yesterday’s Close: 2.025


Share Discussion for Magnolia Pet (MAGP)


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A2lt16v
Posts: 2,061
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.20
RE: Napp
18 Mar '14
maybe NAPP will collect wells and land and then MAGP will buy NAPP
 
Robsky
Posts: 2,400
Off Topic
Opinion:No Opinion
Price:2.20
View Thread (6)
RE: Napp
18 Mar '14
Morning jr good find, you are like that dog with a bone NAPP, NCT, MAGP etc and you are not wrong, I to have a gut feeling that there is a bigger picture yet to emerge here given that Rita and Steve are founder shareholders of NAPP along with Gavin B all very interesting.

I am sure some of the advising and moves are being done by ours truly.

IMHO DYOR
Barrelmaker58
Posts: 176
Off Topic
Opinion:Buy
Price:2.20
Whoops!
18 Mar '14
That should be 4 trades with two of 100,000 and one of 40,000 bought. Still should show a net balance of more bought than sold!! Rant over, back to sleep.
Barrelmaker58
Posts: 176
Off Topic
Opinion:Buy
Price:2.20
Dodgy stats
18 Mar '14
So let's get this right....there have been four trades today, two buys of 100,000 and one each of 90,000 and 40,000. Against that there has been one sell of 190,166. This is logged on the running totals as 190,166 sold and ZERO, NOUGHT, NIL, NONE, ZIP, NOTHING bought.........Mmmm?
lindi22
Posts: 763
Off Topic
Opinion:No Opinion
Price:2.20
View Thread (4)
RE: Rita Whittington, COO
17 Mar '14
Very well said Robsky, maybe Olderandwiser is related to Oldernotwiser on another board lol.....amazing the lack of understanding by a few on here. Mostly the 10% ers.
Robsky
Posts: 2,400
Off Topic
Opinion:No Opinion
Price:2.20
View Thread (4)
RE: Rita Whittington, COO
17 Mar '14
You sound a bit Cynical O&W being a growth company I would expect most or all revenues to be reinvested in more drilling and acreage, increasing assets and production and therefore market capitalisation and share value ready for sell off at 400 - 500 million.
Olderandwiser
Posts: 1,887
Off Topic
Opinion:No Opinion
Price:2.20
View Thread (4)
RE: Rita Whittington, COO
17 Mar '14
...so long as it's translated into positive and rapidly growing profit after tax. That goal has NOT yet been reached.
Robsky
Posts: 2,400
Off Topic
Opinion:No Opinion
Price:2.20
View Thread (4)
Rita Whittington, COO
17 Mar '14
Rita Whittington, COO of Magnolia, said, 'Magnolia's excellent operational performance in 2013 in terms of well count, production and proven reserves, has translated into a strong set of full year financial results. The increase in the borrowing limit of the Credit Facility before the completion of our updated Reserves Report provides third party recognition of the rapid progress made. Since the turn of the year, there has been a significant increase in the number of new well proposals across our leases in proven formations such as the Bakken and Three Forks Sanish in North Dakota and Mississippi Lime and Woodford in Oklahoma from established operators such as Devon Energy. As a result, we are confident that the strong momentum behind Magnolia will continue into the current financial year and beyond.'



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