Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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As I said, fawning investors. And the semi-constructed building (luxury, with indoor swimming pool, I read? As required by all sheep farmers, no doubt) that investors then paid to complete? And the loan from the company that probably helped buy the property in the first case? And the.....
As said, why take it private?
MP: The audience saw it as a master stroke.
Why would TC take the company private - he already treats it as his own company without opposition. I still find it hard to believe that fawning investors did not object to the vegan farm purchase at the AGM. Of mice or men?
When PMG bought Pitreadie land for the renewables arm which I was not happy about being a related transaction, Cross and associates owned 26.25 % of the enlarged equity therefore a hostile bid became impossible. As a result of the transaction Cross and the directors of Pitreadie legally became a concert party so any other shareholders would have to be offered the same terms (in excess of 50p.) which is some comfort. As Davde posts, why would he. Care to elaborate.
GLA.
The rules for going private are? Only TC can take private and why would he?
Only 5 measly trades all day!
That's a problem.
AA your point about going private is always a possibility with small fry like this . Which is why I posted you can buy this company for less than it's cash. Maybe someone will . Going private would make sense to me !
HI NEIL I MADE GOOD MONEY ON PMG AND ENQ IM A TRADER 50/50 . i was trading pmg at 2,30 dose not mean i got them now check my history years back
AA: I do see that on your link.....Don't know what that's about as consolidation pushed the share price into the £s
And that was January 2014.
https://www.lse.co.uk/ShareChart.asp?chart=technical&sharechart=PMG&share=Parkmead
SOB, if you go to the technical chart and click on the all time you will see that £6 was the hjgh.
AA: You know consolidation was approx 15p and reached £2.30 + there after.
The performance of other oil stocks fares no better...Parkmead have there head above water and are currently have a very divisive portfolio !
SOB, then why is PMG performance so poor?
Uncertain times, who can say what UK needs right now ? The North sea a diificult place right now,
I also remember when the Share price was £2.30 and that was before consolidation so a true figure would be around £6, now 23p
NH....Magnus no more
AA: I would assume we are going to partner the Germans
At Tipperty...... Oil currently cannot come out of a second slump faster than the 2014 crash.....However companies are much more aligned for this current slump.
UK needs gas and electric which Parkmead currently has axis to.
I would assume that Deirdre is going to give more concessions to the North sea for future recovery of the oil fields.
SOB, you can't deny the aysmal performance here, seems to be no more than a vehicle for TCs purposes than a viable investment, if its to prove itself as a worthy investment then action is certainly needed now.
Hi neil your new here pmg was 230 once i used to trade it at those price then come back in 35p.43p to trade out now but gl here
AA: Baloney
Could be taken private ( just my opinion ) but it would stop the steady decline its suffered.
Buy the company for 25 million. Take the 30 million out the bank then close it down. Quick 5 mill thank you very much. Mmm maybe there are issues here ? Surely it can't be that easy !
Nah Better investments elsewhere.
Some idiot on here told me that the SP here would not go below the cash value. They were wrong so they should one Neil before me.
Well let’s see, I think the EU has shown just how weak they are, and how they don’t pull together in times like this, could you imagine them in a war? I mean really? The Italians are cowards, they would run away and surrender! The French would go underground again and form a resistance we would be the only ones fighting, think about it in real terms instead of a pro European, think with your brain not your heart, what has just happened cannot be disputed, all European countries are now handing out dollars or Euros as they see fit, no Brussels to tell them they can’t, let’s hope the old farts start dropping, EU will certainly be weaker after this is over, if it even exists at all!
I take a more optimistic view, in that it is likely to strengthen the EU rather than diminish it, as all nations face mounting challenges that cross borders so planning for events requires more cooperation e.g. climate change, but we will see!
Davide after this **** storm there won’t be any members in thenEU it’s finished after this, none of them can agree now, so it’s just shown how fragile and what a waste of space Brussels are, they actually have bp o control whatsoever, it’s Germany and France that calls the shots, and they don’t give a **** right now, Brexit will happen and it has happened, they just don’t realise it now, we have no EU at the moment , it’s every man for himself
robs12 - I should learn to read correctly the FCA press release does not apply to AIM companies so Interims should be later this week. Apologises.
GLA.
Results due on Friday. They are not prelims so should be released as normal I think.
I am expecting the cash position to be roughly the same or (hopefully) higher, but that will be reporting the position as at the end of December. So also expect them to lower any expectations that that cash growth will continue to increase.
If correct (i.e. the cash situation is not significantly reduced), current share price is about half of the value of the cash + farm + Aupec.
Brexit likely to be delayed by the looks of it, we will see. The economic impact of Brexit especially a hard one, it is unlikely to be palatable now as it would be a double whammy for the UK economy. So you never know we maybe in the EU for longer than many anticipate! Certainly think oil prices will stabilise before Brexit done! Also hope results issued this week, will be interesting to see cash position and strategy updates re various business strands. GLA