Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Poker
If they come an tap ‘investors’ for more money for the Malta facility , that’s going to be an interesting one
They have a few by the short and Curly’s now
Need some positive news
Really hoping these guys are professional business people not ponzi merchants selling snake oil
TheFable,
I do hope they don't invest everything at once ..I didn't like this bit in the London IPO Prospectus ...where do you think that money is going to come from ?...from Mercer Street or a placing or what ?
" It is expected that the facility in Malta will cost approximately £10 million (A$19m) to complete and, as at the date of this Document, beyond the Working Capital Period, the Group may need to raise further funds to meet the costs required to have the facility fully constructed, licensed and operational. "
Hey PC. They are hanging in here. Should go 10 bags by Friday:)
You hang in there friend. Try selling your holding in a few weeks for green coin.
just popped in to see how you guys are doing....oh..not such a good start to the week...oh well.... as Irontaz keeps saying "the only way is up !" ..he sounds like he will lead you to The Promised Land
good luck ....
Consider yourself lucky Bob. The other are yet to see where this is headed.
The fact the P&D only last a couple of weeks will probably save holders being diluted with another CR.
Yeah spewing your BS.
You see where this is going?
As I said. You blindly refer to the companies own documentation rather than look outside for what they have promised & achieved. Nothing. They continually deal with their own private entities paying above the going rate & return to shareholders what value?
It is you that can't accept you've invested in a dud. The rhetoric you spew out is hilarious.
Why do you think MXC has sat at the levels it did in Australia for so long? Your SP is falling as more & more holder do their DD & discover whats really going on.
Goid luck to you my friend. You're going to need more than that to come out of the MXC web unscathed.
Take care Bob, sorry to have lost you on this journey, hope you make it back elsewhere.
I dumped my holding on Friday having seen an 80% profit slide to a 10% loss. I'd only bought with punt money when it was rising in the first half of February. I should have sold on that February spike but was too greedy. I started to do some proper research and the more I found the less I liked. The company is grossly overvalued, that deal with SwissPharmaCan that everyone is getting excited about is worth about 2.4m Euro in REVENUE per annum for the next 3 years. They have some CBD drops for sale on their website and, err, not a lot else aside from PR guff.
Lesson learned for me - don't jump into a stock out of FOMO with no research, or if you do and are lucky enough to get into significant profit, take that profit.
Oh look Thefable yet another 1st time poster with they're 'wisdom' let's all give them a standing ovation!
@Thefable
you can copy and paste this for your people in Australia.
Let me explain something for the spammer and none experienced investor
1. First thing any experienced investor doing before they buy a share in any company the chacking the financial report of the company.
* MGC has all financial reports from 2015 until now on the website.
* This is not the company's fault if you could not be an a@rse or didn't have the experience to go to check financial reports of MGC before you buy-in. if you there to f@@king blame the company over your stupid mistake.
* You had few weeks to check everything and doing your research before even the company listed on LSE.
* So stop posting here about the company's financial situation and embarrassing yourself from everyone.
2. Pharma sector and mining sector are similar to each other.
* Any investor who invested in both sectors knows what I'm talking about.
* Any startup companies in both sector they need to burn lots of money for years to achieve the goals. they do everything, to find cash and burn it over their goals.
* when you look up the financial reports of these companies you going to think what the hell wrong with them.
let me tell you what is the end of the line for these companies in both sector
** They burn the money as much as they can for years and to the end they don't reach their goals and they going bankrupts.
**They burn the money as much as they can for years and to the end they reach their goals and is coming as a jackpot for the company and investor.
Simple as that.
Now you know what company and which sector you invest in your money. you have 2 options
Option 1:
You get up the bed early Monday morning and close your position( don't think about your losses you learn the big lesson and it would help you for your further investment )
Option 2:
You decide to carry on your investment here even you know at the end of the line you will be lost all your money or you hit the jackpot and change your life.
Is up to you which option you chose but either way, stop spamming this BB with your nonsense every day.
Best Regards
Ehsan
I admire your blind faith Ehsan. Rather than look into all the failed deals MXC have entered into you continually roll out the companies Ann's as gospel.
You must be one of the BOD trying to come across as a diehard holder or seriously trying to get the SP up to a level for you to sell out without a loss or to much damage to your capital?
So for a week now the SP has fallen without much to show it will stop its trajectory? Maybe the masses are catching on to what MXC really has to offer the market?
OK poker chips, yeah definitely miss worded it, I understand there's a massive difference, cash break even by June, is still a big milestone. So my point being you hold to your paper losses till at least then, not sell and try to catch falling knife. Ps its been a disaster because of sods law, what I sell goes up more and what I held has dipped, its me being greedy, rather than actually loosing money_but will be the first to admit I'm not great at this game, truly admire others that are, I beat the banks though so I'm happy. Im holding, so yeah by current luck this is due to slowly head towards 3p! Gla
Before you going out, watch these videos. This are the Fact. The price going down no because is something is wrong with the company its because the whole market is down. In this videos you can find out about the company past, present and future
*********************************
Watch the MGC Pharma #MXC? webinar hosted by Vox Markets & Turner Pope Investments
https://youtu.be/qikchrfhkho
************************************
MGC Pharma's new head of global sales has big ambitions and says they're 'ready to go'
https://youtu.be/atRbVcHOyeY
***********************************
MGC Pharma – Edison Open House interview
https://youtu.be/itKwpRlACB0
***********************************
MGC Pharma reports 100% success rate in its phase II ArtemiC study in COVID-19
https://youtu.be/04dKV8oDIqU
Thanks to Jacksonsmith, he who set up his LSE account yday...
Our market cap is half of asx/mxc market cap. That's mad. Should be double this price.
"Mxc, about the break even by June "
haha what nonsense !! cash-flow break-even isn't the same as breaking even on the bottom line
"my entire Feb trading has just been one disaster after another," ..well I am not surprised ..you don't understand break even for a start
You're selling out with losses on this company?! Mxc, about the break even by June ish time with some of the most interesting and potentially pivotal drugs coming on to the market over the next few years, ok, good luck! Would suggest you research epilepsy and the various treatments available atm and compare that with mxc treatment. It's only a matter of time, don't get me wrong, not selling at 100% profit is annoying, and my entire Feb trading has just been one disaster after another, but simply don't sell at a loss and you will hardly ever loss money in this game, granted you may never make a lot as your capital ends up tied up in stocks that show paper losses if your timing is consistently poor, but time nearly always comes to the rescue, I very rarely buy and not see red at some point! Gla, it's a hold till 2030 if you can from me
Tiger , yes I was lowering my cost average and catching a falling knife
Probably should have shorted it :)
Would be cleaning up
But am in for the long haul , all cannabis stocks and tech stocks taking a beating in the US so a correction of sorts is under way , market sentiment playing a big part
Just have to ride this one out
I must say sentiment seems a bit off. Are people looking at the wider markets? Most everything is red at the moment and has been heading that way for 2-3 weeks.
I'll be taking advantage and bringing my average down with a mid hold.
Ride Easy before investing 6 figures into a company you should not be so easily influenced and do your own, research my advice. If you're not confident when putting your money into a company, then dont do it. Simple as that.
Yeah stocks only go up obviously, weak hands lose money. Look at the whole market, everything is red. Thos company has a lot going on atm it needs patience. I'm adding.
I'm in large long term