Member Info for AIMOilking

Cash position 23.38m in June 2021, anyone care to guess current cash position?

Net cash and assets effectively double market cap!

Lucky TC has such a large stake otherwise it would be taken out, just hope TC does not find the cash to take private although, even he would not want this, his eye is on the big prize which comes with a big sp.

Simply a buying opportunity - PMG sp backed by plenty of cash and income, plus unhedged prices are high. Political instability with the embassy staff being sent home will rattle the market. Looking at the timing of trades, it would not surprise me if a few stop losses were triggered. Ukraine does look dodgy, Putin underestimated the West's response, hence possible efforts to insert puppet regime by Putin. If Ukrainian forces stand fast, Putin's troops will get a bloody nose if they attack and the sanctions will be punitive.

Personally, added a few. Hopefully, the price will bounce back this afternoon until the next bit of brinkmanship of TC pulls a deal out of the bag. At least TC has cash at a time of crisis.

I hope a diplomatic solution is resolved.

TC has done it before and this time I would say he has more control of the company's destiny and much more skin in the game.

I rode Dana £2.50 to £18 and some of my PMG from sub 2p to 27p, however, at this point I would be happy with 65p - preferably by next week!?

Sorry being a bit dim, can anyone point me towards a link that gives some financial information on VUP? Thanks

UBS has raised its rating from 400p to 410p - have they checked the share price today????

PMG seems to have flatlined for a month, perhaps this sp denotes the base line in terms of risk in investing in PMG?

Given the AGM was during this period and a posters ealier comments about all the business opportunities which also whilst good prospects, they also appear to have flatlined.

It would appear that communication from TC has also flatlined.

Could someone get the defibrillator out to give the PMG sp a poke!?

I see this refinancing as really positive and on balance there must have been good reason to progress it. HOWEVER, whilst I appreciate there are up front costs, it would have been nice to know in the RNS that perhaps it had saved money in the long run, which again would have helped the sp. Having said that, there are also commercial sensitivities to consider in publishing such date from the company's and the bank's perspective.

999 - If the UK is to go green and meet targets, "renewables" is still an interesting market. Given the demand from electric cars and electricity being the obvious domestic energy to replace fossil fuels, particularly in rural areas (most places already linked to mains electricity) which use a lot of heating oil. It ramains a market to expand into. Hopefully, in the meantime, TC gas and oil deals will pay for that expansion.

Hi, PMG and the BB's have gone a little quiet of late. I have bought back into PMG over recent weeks because of PMG's, cash in bank, assets and there is positive cash flow, plus TC has the reputation for making great deals. However, I would really appreciate someone reiterating a time line of PMG activities and events that we all might look forward to.

Thank you in advance.

Serious volume of trades today, not many days where trading has hit this volume in recent years.

The sp remained remarkably stable today and I hate to say it but companies like MCRO will benefit as the home working is extended and likely to remain with us going forward. The secure management of data is going to be key and hopefully key to unlocking some of MCRO value or a bid.

US sp up 11.52 at UK close and appears to be currently and unusually so, higher than the UK price which if it holds bodes well for tomorrow. Impressed with the way MCRO has clung on to its gains today. Possibly partly thanks to well timed RNS to remind punters that the 2021 results are only 20 days away. I am hoping that we'll see a rise into the results and not a drift. It will be interesting to see if there is any other good news in the interim. Suspect there will be more new targets to help sustain momentum.

11% up in US.

US MCRO up 9.48% and taking into account exchange rate has actually matched UK MCRO sp.

This looks very positive indeed, not expecting too much today but hopeful of another very positive day tomorrow.

Well could not stand being out, although I forgot about the stamp duty (doh! although consider it a contribution to the cost of the pandemic), so after 2 hours of finger on the button and too much coffee and after costs - added another 19 shares. Now waiting to see what the US will do. Why did I jump back so quickly - FTSE up, new target & decent PR and stability of sp over last two hours after such a big rise. I think we may be in for another step up, if not today perhaps tomorrow. I don't think day trading is for me, best sit back and hold MCRO and collect the divi.

Good day so far but perhaps a little retrace over lunch as we wait for the US market to open. The question is how will the US market react, will it digest today's UK rise and leap ahead or will it get indigestion and faulter before making a more steady approach to the revised 600p target over time. Hmmmm, I am betting on the latter, sold 5% of holding with the hope of buying back later today - let's see what happens? Should really be reducing MCRO holding anyway as it dominates my portfolio.

Assuming that this refinancing is completed and it is on better terms than the financing it is replacing, then there are a couple of really positive points - reduced costs over time and pushing the certainty of financing out to 2027 (assuming it starts immediately). It also shows the new finance director is pro active and has probably jumped early to secure better deals before interest inevitably climb to combat inflation.

I see this as very positive and am surprised the sp dropped on the news and I hope that we'll end the day blue.

Yes it could be taken private - HOWEVER - although TC has a big holding there is only one other significant holding for him to team up with, so a rapid move at a low sp is less likely than either the current two main holders increasing to the required % or another player(s) buying in which case the sp would likely increase. So the real answer at the moment is - unlikely.

Can anyone educate me?

How much gas is PMG currently producing?

How much revenue is that generating?

I am getting my mmbtu's, TTF's and MCF's in a muddle - help would be appreciated.

There is no reason now why MCRO should not motor back to the £5+ zone where it was less than six months ago. MCRO is in a better position now than then e.g. sale of asset to reduce net debt by $400m, rationalisation out of the way, winning alliances, further down the 3 year plan which seems to be on track, winning new business, directors buying shares, market sentiment for MCRO's sector, clearly under valued and potential takeover target, paying dividend, generating cash and profitable, one off costs lower and identified for next two years, finances sorted to mid 2024, lease liabilities reducing, further sale of non core assets, potential aquisitions with cash in the bank and MCRO remains a potential target etc.

The elephant in the room remains the debt pile but it is being managed and future refinancing should not be an issue and of course 2022 market conditions will play a role in the sp value.

Holding now for the dividend stream and sp growth DYOR.

5.58% up in the US, bodes well for tomorrow - onwards and upwards.