Parkmead Share Chat (PMG)

Not everything goes up in a straight line Buzz. Still well off the lows. A bit of profit taking is healthy.

Why a 7% drop on what?

AIM is a joke of a market,PMG does'nt deserve to be in it.

Sorry, H1 2020

1st half of next year

No such thing as a dumb question.

First half of 2020.

Probably a dumb question, but what is H120?

NeilH- I suppose I want to know what is going on so feel irked with Cross’s natural style which is ‘trust me all will come good in the end!’ Doesn’t wash with me. Got chunky stakes in Greatland Gold (GGP) - outstanding new discovery in W Australia ( probability Tier 1) and recent JV with Newcrest, SOLG entered as it dropped to 20p a few months ago on country risk concerns but amazing assets and upside as BHP increased stake this week, and IOG ( UK Southern Nth Sea gas play with Buffet recently investing 29.9% through a UK subsidiary) tough year but exciting 2020 ahead IMO. A few others but prefer to invest in 6-8 max after research and hold for monetising event but 70% in cash pre-election just hope for the right result so money comes back into risk assets in UK. Investing here at these levels will probably show a return over medium term but you have to be comfortable with the silent treatment! Best.

bandit - Very charitable of you. I agree and have always maintained that it is a red flag.

Its comes down to whether you trust TC or whether you think he is lining his own pockets at the expense of other shareholders (as you might guess I am in the trusting camp)

Institutions have rules they have to follow, and would not allow their analysts to recommend an investment based on trust, or a feeling. That is why there was a lot of money to be made investing at 35 pence.

I am not a buyer at 50 pence but I will hold what I have, and if it dips to the low 40's prior to the news flow expected in H120 then I will be a buyer again.

Where are you invested currently out of interest?

Good luck and ATB

NeilH - stayed away for a while to leave shareholders to enjoy their investment here. I look in every couple of weeks out of local interest and my candid views on the related party transaction were provided on the day of announcement. During my time in the City a highly experienced and respected corporate broker once said to me that if he was ever consulted by a major shareholder/director of a client plc with a proposal to use shareholders funds involving dilution to acquire an asset from a family member he would tell them to forget it or expect a backlash! Many Institutions are also very unforgiving if they see transactions like the wife’s farm purchase and their risk committees often intervene. Cross does what he wants when he wants to do it with little or no challenge. That is why I walked away from here and now simply look in to observe the next wheeze!

Marty - I think SP would be around the same place to be honest.

It fell because a single II could not be invested here (likely due to related party concerns). Reaction exaggerated by poor liquidity and scared PIs who sell low and buy high.

The value did not really change so the price has been driven up again in fairly short order.

We now have an asset which could increase the SP once it becomes clearer how it will be monetised. At the moment I see it as a neutral to slight positive impact on SP.

No Name calling........... I bought into Cross like others who are still here.
Tilperty was blow to the local gentry who wanted the land to do exactly what Cross is now doing.
Once the plans have been passed for more wind turbines and solar panels . Then the land will be sold on again
At no loss.
I'm sure the neighbouring farmers will bid again as they use it for livestock Cross only wants access to the top of the hill.
Meantime we wait which I do not have an issue with .
GLA

The children have noted that while LT investors have suffered enormous losses Daddy has received :

- generous cash remuneration
- sizeable options
- consulting fees
- a large loan
- the eternal gratitude of his wife.

Such is AIM.

Your loyalty is admirable but don't let it stand in the way of your investment decisions. Look at SOU and the prior adulation forJP, the youthful Soulboy of O&G exploration companies.

Fortunately we don't have to love the train driver to buy a train ticket (especially if the expected trip is short) and, as the share price is strongly up again today, we should be happy not calling each other names. I am. But I do wonder where the price would be if that farm purchase had not occurred?

Hopefully on TC's land.

Children have arrived.......

Marty, I know people who have had dealings with Tom over the years. I am told he is as honest as the day is long - especially Aberdeen days in mid-winter...

https://www.theguardian.com/business/2019/dec/04/scottish-power-build-solar-panels-windfarms

Absolute drivel . What are you a spoilt brat??

MartyP. Totally agree re AIM its as crooked, manipulated and unregulated as i have found out over the years.Unfortunately i haven't learned my lesson. I thought it was greed on my part but i think i actually believed the guff most of the Boards were telling me.See Chariot,Amerisur et al. But yes and its a big but I think Cross is different in the fact that although he doesn't give regular updates (which Amerisur did) and they were lies. He gets on with the job. I may be clutching at big straws but i have been invested in PMG since the £2 plus days so by the time i reach 70 i may get some of my investment back (9 years)

With increasing revenue, strong cash flow and attractive assets, this share is slowly and erratically getting back to pre-stupid-farm-purchase levels. Imagine where the price would be if the name Tom Cross was not associated with the company. Investors are simply afraid that Cross will run away with the company's wealth in whatever way he pleases, as he has successfully done so far without question or opposition. I'm in the money so far, but for how long - presumably the price must get to the 50's plus as that is his wife's buy-in price (content wife is one of life's necessities) but thereafter what plans does he have to screw the shareholder? AIM is a casino where the croupiers are normally crooks.

With windmills !

I believe in Tom Cross 100% its all about to drop into place. I was invested in Dana from the early days and believe this will be up there in a few short years. Blue Friday just like Dana! GLA

If nothing else a cheery finish to the week after months of depression!

Someone knows something......

Back up to the 60p by Xmas will do!

Slight blip whilst Polar capital unloaded!!

It certainly looks like it....

All the way !