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Morning all, just goes to show PJ and his merry men have nothing but utter contempt for the very people who invested in his business, really expected an RNS today or yesterday
Glad you sold before suspension, wish I had, but no, I buy another million to my holdings :-(
Can you email me your email address please. My email is shawshankuk@hotmail.com
First time in months the % increase has been reset to zero on both LSE and Google Finance. The last time there was an adjustment to the +/-% re the proposed consolidation there was news soon afterwards..........
Hi Mate, its possible there will be an RNS tomorrow but I don't think so because its today, as you probably know, that is the 6 month strike off date. As we have not heard I think the extension not only has been given but it was not a big deal as many of us thought it was in the first place, certainly not to the Nomads who seemed un phased when I mentioned it last week. In my opinion this will continue for a while yet and it is my gut feeling a deal will eventually be done. As to how good the deal is or what it contains will be anyone's guess but I suspect it will be an overseas company, as past RNS's have stated the technology and saturation point for online gaming etc in this country from the big guns Ladbrokes, William Hill, Corals etc makes it unlikely there is any scope here, but I bet ( no pun intended) it will be a gaming deal of some sorts. Just my opinion. ATB.
have not had an RNS about being struck off ( nothing showing on Companies House not even impending) it would appear the Nomads I spoke to last week were correct in that an ongoing deal means it carries on until the outcome of that deal, obvious conditions may be attached. I think the only other RNS we will get is when the deal is finalised. I say this because with the huge disappointment of Leopard Oil getting as far a resolution/shareholder vote and with Lawyers and Nomads fees due I believe PJ will not want to issue an interim RNS to avoid another situation as that for it to fall at the last hurdle, better to release an RNS when he is as sure as he can be that it should succeed. He has already stated in a couple of previous RNS's that a deal is being discussed so not sure what he could put out ayway until it is completed or fails, it would not be anything new i.e Deal still ongoing.. etc. So might be a few more weeks yet and yes it could still fall at the last hurdle!! ATB
Well maybe it's all over and not even a tiny bit of news even if its the expected terrible news........ This is the most shocking string along I have ever experienced !
Would you want to be in this country on the 30/31st October 2013 if you were CEO of MDC?
I think we all get that you are angry with MDC as we all should be but until its in black and white i still see a glimmer of hope and that's all it is now but constant negativity just gets annoying after a while, why don't you take some of your own advice.......quote from you "Again my point is not to linger move on and try to to diversify as much as your budget allows. In the end its a gamble and if one is honest with oneself this is apparent. Its the buzz and the whole meaning of the stock market." . Good luck with other investments
Really?
Agreed, the lack of information here is shocking
Still nothing ????? Would of thought an update today even if terrible news !
Will check previous posts....thanks for info CP22. If shareholders dont get some of their money back,then these guys should get locked up! Luckily i sold 2 million shares just before shutdown.
No, still in suspension. Should have info may be this week. Check back on previous postings, as there has been quite a few of us making comments in relation to the suspension.
Sadly i still hold 1 million Mdc shares ..Why is Goalmillions website still live? ... Whats going on?
If anyone is interested, check out WEB RNS, decided to buy in, after my failure in MDC
Yeah I agree be a nice surprise if anything positive could ever come out if this mess! I would just like to know one way or another.
I heard exactly the same thing. I wonder who the deal is with and what it will bring for us lot? Fingers crossed. Reverse psychology seems to work!
On what's going to happen then in the next 3 days I did hear that there was 2 deals On the go and one was near closing ?
I have now seen the text and to be honest there doesn't appear to be anything to worry about YET!!. The auditors resigned on the 13th August 2013. The information was filed with Companies House on 23/10/13. Part of the text reads:- "In accordance with Section 519 of the Companies Act 2006, we confirm that there are no circumstances connected with our resignation which we consider should be brought to the notice of the shareholders or creditors." On the 23rd August 2013 the company published this:- "It is the Directors' intention to publish the report and accounts for the period ended 30 September 2012 and the interim accounts for the period ended 31 March 2013 prior to the general meeting called by the Circular." So I assume they must have new auditors now or the old auditors completed their report and then left. Well all should be revealed next week for better or for worse.
and that we don't invest
Thanks downup, you've summed it up beaytifully. I am truly sorry we've been shafted, but fortunately like yourself, have made up losses with some decent, well-run companies. No more to say, if I did I will no doubt cop a ban, (whoops sorry JLF for daring to use that word again), so I wish everyone all the best in future investments, and we invest in another company like MDC. I definitely think the fat lady has stopped singing
Records at Companies House show the auditors resigned on the 24th October 2013.
Have you not overlooked one thing. Avia has published its results and has relisted. LOL!!
Watch avia over the next few days as the best case scenario for us will be very similar to there. Initial sell off but then a recovery over a number of weeks.IMO (still well down but something will be better than nothing)