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How about we see if we can break and hold 1p this week . Ffs
I'm guessing that this is still flying under the radar somewhat? hopefully when todays news gets out to the wider market then we should see the herd and arrive and as a consequence the sp move up significantly.
Can I just say another 7 or 8 days like today and we will have over £1
Oops #ramper
People see £1 per share and jump in, oh no chance possibly 20p/10p/5p your guess is just as good as theirs and too be honest you never bloody know.
I wish it could go as high as possible £10.00.
Moan then jump in and say I'm a rapper)
More short/medium term, obviously it depends what each persons definition of short/medium/long term is in the context of holding shares, I've held for over 5 years before which obviously would be classed as long term so a six month hold here for 20p + is about right I think. GL
Your going for a 25x increase short term ?? Care to base that on anything , I’ll go for 1.5/1.8p shall we chat again in two months ?
20p is most probably more realistic in the short term here
This isn't going to a £1, I've watched this for a year and it's been an interesting day today. BoD members had some mud attached to them in the past and made me a sell a while ago and it wasn't clear how well they had been doing. All that said this has done very well today and well done to the folks that have made money here. I have no spare finds but if did have some I'd probably punt up to £5K on this one, but just be careful not to get spiked.
It was in the 1-1.5p pre covid so I wouldn't hold my breath for £1
We haven’t got over 1p yet I think £1 talks a little early !
Mercantile Ports and Logistics (MPL) was established to develop, own and operate port and logistics facilities in India.
Its maiden project is the development of a world class multipurpose terminal and logistics facility at Karanja creek in the Raigad District of Maharashtra.
The port is being developed over 200 acres of land with a sea frontage of 1,000 metres at Karanja Creek. The port is in the heart of the commercial capital of India, and acts as the gateway to eight land locked states in the country. The facility has access to State and National highways and is near to India’s largest and most congested container port, the Jawaharal Nehru Port (JNPT).
The multi-purpose terminal is designed to accommodate a variety of cargoes including containers, bulk, break-bulk cargo and Ro-Ro (roll-on/roll/off).
The Terminal will be comprised of;
800 metres of quay, utilising both sides of a 400 meter jetty, which will be serviced by multipurpose cranes
200-acre back-up area for cargo storage and a modern, world class logistics facility
The terminal will be designed to handle vessels of up to 4000 DWT having a draft of up to 5 meters, with the potential to handle vessels up to 10 meter draft at a later stage.
Logistics Facility
Karanja Terminal will also house an ultra-modern logistics complex spread over approximately 100 acres of land. The facility will comprise state-of-the-art logistic and warehousing facilities for storage of cargoes including cold and bonded storages and value-add services including sorting, labelling and breaking up or re-assembling of cargoes. The facility will be fully IT enabled, pilferage proof and will provide seamless supply-chain solutions to importers, exporters, shipping lines, custom house agents and freight forwarders.
here by the end of this year? is that inconceivable or possible?
"Have been interested in this for months. Entered today just before close. £1 at end of year. Probably more. Really excited about this one."
https://twitter.com/stevrlnbrt/status/1361732278058164226
I know it opened at 13.50 so not a huge gain
But it wouldn't be possible to jump in it triple on opening. Never couldn't get in the stock on 1st day dealing
Kanabo was higher )
I tried to find them this morning but couldnt get in (
Basically the company is trying to ramp up the facility contracts.
For the past 12months, many will have been using the facility on a trial basis, to see how competitive or operation astute the port was ran. Contract signings are now fruitioning, which = operational revenue.
The jv with Tata and Daiwoo was for 5years.
The long term “20yr contract” is news to my ears today....
A few more of those please..
We India comes out of Covid, the sp will motor on.
Covid had hindered so many companies from operating at full capacity as expected.
I'm hopeful that the sp will be 3-4 x higher by the end of this week as before todays news the sp had been as high as 2.5p so the questions is how much value should todays news add? you would think somewhere in the 10-15p region short term. As always time will tell.
Highest riser today and I hope more Indian orders will come thick and fast
Piry 1p wasn’t breached today, getting through to a broker is a pain today...
Wish I could hold on to them all, but it is real big money for me Fig. I know I am going to repent top slicing though
Tils,
If news came next week, I was doubling my holding, but darn, news came earlier, or on time.
BRH is doing well and ODR.
Nice one tils!
Christmas come early:))
=1p Tomorrow for sure.
Though I am guilty of a small top slice
Make that 19.25 percent fig. My 0.75 percent are in sticky hands ;)