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Magnolia Pet Share Chat (MAGP)



Share Price: 1.10Bid: 1.05Ask: 1.15Change: 0.05 (+4.76%)Riser - Magnolia Pet
Spread: 0.10Spread as %: 9.52%Open: 1.05High: 1.10Low: 1.05Yesterday’s Close: 1.05



Share Discussion for Magnolia Pet (MAGP)


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bakky
Posts: 2,131
Off Topic
Opinion:No Opinion
Price:1.25
comerciante
2 Jun '14
You mean it could get worse??
 
comerciante
Posts: 1,222
Off Topic
Opinion:No Opinion
Price:1.25
bakky - CPR
2 Jun '14
Be careful with what you wish for !!!!
bakky
Posts: 2,131
Off Topic
Opinion:No Opinion
Price:1.25
CPR
2 Jun '14
when can we expect it, any clues anyone?
GandT
Posts: 247
Off Topic
Opinion:Hold
Price:1.25
Will be all right in the end..
2 Jun '14
As another who got in early, I too have seen good profit turn to paper loss but I have been giving the situation a lot of thought. I have managed to average down to 1.97 in my main account so well under water ( another account is at 4.00) so not my finest decision there ! I cut and posted Lionheart's comments from several days ago to read again whenever, as it really cheered me up as to what the final outcome may be.
Monthly production figures is what I would be after. IPRS do not paint a true ongoing picture but are just a snap shot in time and can/will lead to disappointment IMHO. Anyhow, I think we are allowed extra in ISAs from this July so I for one will be loading Maggie in there at this paltry price and then leave them be. Edge is picking up and I have done OK with REM so will prob slice a bit off there to top up in the mean time. I read somewhere that the average take over price can multiply a share price x 3 usually so that may give us some hope for the future level. GLA GandTx
charliereddog
Posts: 865
Off Topic
Opinion:No Opinion
Price:1.25
Can't afford to average down
2 Jun '14
Unfortunately, my average is £20k at 3.6 and I just can't throw enough money at it now to average anywhere near current prices.
discopablo
Posts: 1,488
Off Topic
Opinion:No Opinion
Price:1.25
bought more
2 Jun '14
Well, having been here for a few years now I have managed to average down! Previous purchases were averaging up (at the 2.3 level) though averaging down does pain.

Still here, waiting. All will be right with this, I have no doubts.
oilmagnet477
Posts: 3,009
Off Topic
Opinion:No Opinion
Price:1.25
View Thread (2)
BW
2 Jun '14
Well said. TraderOne - fair question to your equally fair view but it has to be said, even you think the sell off has been overdone - hence your investment? I too wondered what you meant by 'disgusted at Management'?

For me, I think we have actually fallen foul of an overdose of Management 'honesty'. So many AIM companies BoDs keep investors in the dark with potentially bad news. I think the BoD here have just 'told it like it is' as soon as they have had knowledge. I strongly suggest we may see a very different scenario here when the CPR reveals the reality of our reserves.

GLA
BarrenWuffett
Posts: 1,379
Observation
Opinion:No Opinion
Price:1.25
View Thread (2)
Have to say......
2 Jun '14
.....I do get a bit cheesed off with continued references to Baron on this bb. I am entirely with lindi22 on this.Correct me if I am wrong, but Baron is a trader, who quite probably did a pretty good pump and dump on MAGP during the run up to 5p and may or may not still be invested. If he is still "in" then he is certainly a far less vociferous supporter of MAGP on this board nowadays. If he got out with a big profit, then jolly good luck to him too. That is obviously what he is good at. However, I think most of us will have been guilty at some time or other of allowing ourselves to be drawn in by the hyperbole and the self assured tone of traders seeking to either ramp or deramp a share in the most subtle of ways. Traderone. I have a couple of question for you. Can you please be more specific as to why you consider the BOD have "mismanaged" matters here and also can you be more specific on the question of the cataclysmic event (which the market clearly would have us think had occurred) that has infact occurred to give rise to what you consider to be a justified re-rating of the sp to the current level? Many thanks in anticipation.
Trytime
Posts: 207
Off Topic
Opinion:Strong Buy
Price:1.25
Staying Put
2 Jun '14
Still here and staying put until T/O. Disappointed (to say the least) that I'm now well in to a paper loss, but, as has been stated previously, it's only a major loss when you sell.
If a medium player came in tomorrow with a T/O offer would RFW & SOS accept the current "value" ? I think not.
Patience in abundance required, painful though it may be.
Robsky
Posts: 2,823
Off Topic
Opinion:No Opinion
Price:1.25
View Thread (2)
RE: over the top
2 Jun '14
Hi Baks, like you I thought we would have had some kind of forward looking statement to boost confidence in the share price before it reached the levels of March 2012.



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