Member Info for AIMOilking

TC - his style is to fully invest to create both a serious company and plenty of equity, he wants to be recognized as a real player in the industry and maintain his profile by being immensely wealthy in retirement, so he can do what he wishes for himself and family. Dana was a multi bagger and Parkmead has also been a multi bagger, the difference here is that TC has more control, whereas in Dana he did not and was forced to exit - he believed Dana was undervalued and had legs.

I have added again and will continue to do so.

Op. - Any exciting news in the sector running up to the 30th's presentation will be most welcome.

Personally, hoping for a decent up turn in the sp, as it has been quite a long wait, but all seems on track.

Looks like we are drifting but not far off the 400p mark, which may be recovered by the end of the day/week.

Expecting a pick up late Friday due to holders over the weekend and then hopefully a little price action ahead of the presentation on the 30th and thereafter assuming the news is good.

Waiting until the 30th and potentially tying into AWS news could be very positive - good luck to the LTH's.

Since 11th November the FTSE has fallen 160 points and MCRO has only fallen 0.6p, not a bad performance after all.

Roll on the 30th November for some seriously good news.

The 400p level has proved remarkably resilient and represents a good base for the sp to lift off.

Against a backdrop of further lock-downs, at least MCRO is in a resilient sector given the circumstances.

The RNS struck me a very short and factual, but disappointing that there was a pleasant surprise among the facts.

The increase in debt is a surprise (I was hoping for a small reduction) but I suspect the figures have been rounded - note mention of 0.4bn reduction following sale of small part of business, so overall being managed. The reporting is in dollars, are the loans in pounds - the pound has weakened, I suspect they may be some odd reason for the small rise in debt.

The 400p level has held well this week and today.

Stephen may be attempting to manage things differently to last year given the rise on report and dramatic fall on actuals, but I suspect that the 30th is significant and may tie into to what a major partner is doing or perhaps it is the put up or shut up date for the sale of another part of the business.

We all like shares that leap and multi bag, but usually it means spotting the clues and opportunity before the market does, it just means that 2022 will be the year for MCRO as the company has advised all along, in the meantime, bank the divis or buy a few more - just be patient and CALM DOWNNNN! Buy a few more........

Recently been adding, including a few today - looking forward to tomorrow as their seems to be positive buying pressure.

This week's sp action is not what I expected! We seem to have flat lined in advance of the update, either news has leaked or punters are being overly cautious. This report better have been worth waiting for, so that we see some real sp action tomorrow. Still hopeful we'll end in positive territory today.

Placing comming!

Disappointed with this week's sp action, let's hope the sp will tick up before the close of play today. Probably not a share to be out of over the weekend given the possibility of news and the update next week.

Well Monday was a wash out and Tuesday is not looking good so far - just hope the MCRO spring is tightening for and explosive rise.................

Easyp - how can you say that PMG missed out of the rise in gas and oil prices - oil has doubled in the last 12 months and gas is up 138%. Going forward, it is likely that prices will remain relatively high.

It is true PMG's price has also risen 80% in the same period (hit 153% higher recently), but the company is very different to 12 months ago. Hopefully we'll get a decent update and figures and the sp will at least settle in the short term somewhere between 80-153% up, hopefully 55-60p range in a singe jump - then carry on rising as projects, reserves, revenues and profits start rolling in.

Just need a couple of re-rates and MCRO will be off to the races. Just need the analysts to get off there ......... and reiterate or put out decent targets. Looking forward to Monday and the following 8 trading days - that report better be good!

Added again today - seems no brainer with PMG cash and prospects against a back drop of high gas and oil prices.

440p for the weekend would be sweet! 9 full days to the operational update, quite excited and I am still hoping the BoD will issue another RNS with some news, perhaps a small reduction in debt might be the most likely to further add to the $335m momentum already created by the latest deal.

We have had some good news that helps analysts re-evaluate MCRO's value and we have a significant reduction of debt assuming the deal goes smoothly early next year. So is MCRO going to be re-rated? Are the analysts going to set new targets? Will the 18th's report provide positive news to confirm strategic direction etc is working? Is there any other news in the offing? Will the alliances start feeding business into MCRO?

Lots of questions, but surely most answers must have an upside?

Opul - profit taking generally not personally - held on to mine. Well, made it 0.1p short of 400p at the end of the day, more to come in the following days. Personally, I am reasonably confident we'll see 550p this month.

A bit of profit taking and then hopefully we'll finish the day at or above 400p.

Good move and significant debt reduction without taking into account significant cash in the bank. This should stop the drift for now and by announcing the 18th, that also helps - should be an interesting few days. The reduction in interest costs will probably equate to the loss of profit - so win win.

BP announce better than expected profits - hopefully bodes well for PMG's report.

Agreed, results could be any day now.

As I said on Friday, bought back shares I sold a couple of weeks ago, already 3.6% up and looking forward to decent ride into results. Update could be as early as this Friday, and increasingly as the next two week window after that passes. If we don't get back to 450p in the interim, I will be disappointed and then it is down to what the BoD have to say.