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tiny holding...unfortunately bought at peak..30% under water :( still...hopefully few more contract win helos
here
Maybe light at the end of the tunnel. Infections now seem to be slowing down. On Monday, cases fell below 200,000 for the first time since 14 April. R number falling below 1 as well. No news since last update, maybe good time to top at these levels. DYOR
https://www.bbc.co.uk/news/world-asia-india-57225922
Trade deal between uk and india, wont affect this port.
The sp is subdued, for other reasons.
For now I am just observing.
I thought an update was due by now on CFO.
https://www.itv.com/news/2021-05-03/boris-johnson-announces-1-billion-uk-trade-deal-with-india-set-to-create-more-than-6000-jobs?fbclid=IwAR0IR1YzjbHAxJNycWJf3qJNuaNJF_Ouy_I5F75CrxQ1Dy4uJDK_GELOh3o The share price is holding up which is good under the circumstances. Hopefully better news in the next few months... Also in a few special situations funds too which again is good as it gives assurance that good things will come in time. DYOR
New trade deal between india/uk will hopefully see some trade passing through mpl port
It appears there's been a similar explosion of death statistics. This has got to be scary for those living there. It's considerably higher than their first wave.
There has been a covid case explosion in India, which may mean poor news for us. www.thehindu.com/coronavirus/?
New lockdown in Delhi. No explosion yet in and around Mumbai but I'm not betting against it within the next few weeks.
Was this in regards to the elections on Saturday?
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
Guys first of all please accept my apologies, its just my opinion. I might be wrong. Indian election taking place soon, so there won’t be any big news in near future, until the political stability. In my experience any big project in Asian country maintain by government. So I don’t think we will see any major movement soon. After the election, we might see some major update. But I still believe, this one going to be very big! I had the opportunity to invest in a very silly price. Even though I am in a healthy profit but I am holding! As I said, this is just my opinion, please do your own research. Good luck all!
Honestly, I do wonder if the directors are deliberately silent, allowing them to buy up stock whilst it's cheap whilst genuinely releasing information as required. This is of course in the form of a very dry document. I've read them all and I'm happily invested but maaaaan, those are some hours I'll never get back.
lol..cheers GF. .yes, perhaps good and relevant news and perhaps not, am not sure either. If the PR team(if there is one) pull finger out and start updating investors we would not have to speculate and wonder so much.
Apologies, I was wrong! I skimmed the article and thought it referred to the Water Taxi being arranged between Mumbai and Karanja. Reading it better, perhaps not! Perhaps this is good news.
For more info about what I thought this was referring to, see https://www.tripoto.com/maharashtra/trips/good-news-for-mumbaikars-water-taxis-worth-rs-7510-cr-will-be-available-to-cure-mumbai-traffic-603a196410dec
Hi Tils, I did see news about this. However, I believe that this is *not* servicing the Karanja port owned by MPL. There is a fishing jetty that's just a mile down the coast in Karanja and I believe that's what it'll be servicing. It makes much more sense to - it's much more suited to casual loading/unloading of domestic boats and is much nearer the actual town rather than the MPL port, which is a bit out of the way.
Still good news about upcoming stuff in the area though.
Thanks GF. Also, please share your findings when you see any traffic activity etc. Guess we can all help each other as we search for traffic using our own methods and websites.
It's certainly traffic! I'm seeing a bit more on marinetraffic.com these days too.
I wouldn't say they're ROROs though. Looking at the port itself, I'm not seeing any infrastructure for RORO operations. The ships also look more like your traditional cargo ship where cargo is loaded from above by crane.
The 500,000 sell was actually a buy! GLA.
https://www.google.co.uk/maps/search/Karanja+port/@18.8491283,72.9584737,1946m/data=!3m2!1e3!4b1
https://www.google.co.uk/maps/search/Karanja+port/@18.8453931,72.9685669,1189m/data=!3m1!1e3?hl=en
The boats/vessels on google maps , are they ro-ros? looks like there is traffic at the port now :)
Check it out.
atb
Lockes...
Good stuff,
atb
Lockes...
https://www.google.co.uk/maps/search/Karanja+port/@18.8503294,72.9671492,750m/data=!3m1!1e3?hl=en