Member Info for claudereff

Brasso I very much doubt it, surely their inability to generate cash is the big problem

I was merely quoting one kid1’s earlier posts after he suggested I only make intelligent posts going forward. I did look through the board at past posts and thought his one particularly stupid given cancelled drills failed fund raise missed targets etc

I understand a boardroom change is very unlikely I was just trying to stir matters up to see if there was a sensible reason to look to invest. Given the new government is suggesting two fingers to the IMF probably not

Fair comment kid, I am not a holder and was playing devils advocate to see others thoughts on a shakeout perhaps a change of roles bringing in a new eco especially after earlier comments on this board board.

As for intelligent posts this one is a gem

"At 4.5p or better id like to see president buy back some shares. 5% would cost just over $3m."

Time for board shake up? obviously very difficult with Levine holding approx 30% but surely even he can see the best way for him to get value on his shareholding is to get someone in with a clearer strategy and better abilities to see it through.

Must be some legacy issues of Finn and fellow board members' decisions over past couple of years, you have to question their ability to run a hot bath never mind a listed company, should have been removed years ago.

Hope he is selling, this guys record is pants, if he jogs on fate decrees we will see a decent rise

Surprised no comments here concerning the late announcement Friday of Trevor standing down

Many thanks to Robaich and Genghis15 for taking the time to attend and report back

The_Doc All valid points, but may I suggest you look at the timeline, Imperial was sold nearly 10 years ago the world is a different place now. I think I am right in stating Baillie Gifford a major shareholder in IEG who benefitted greatly from their takeover sold out of PPC. I applaud your adoration of Mr Levine and sincerely hope your passion for his leadership pays off, given the lack of appetite for PPC shares in any size, I fear I have to continue to "waste my time" Good luck to us all!

Not really sure its worth wasting any more time on this basket case, since 2010 they have raised over the current market cap in a variety of placings/open offers and achieved very little. Many will argue Levine would have trouble running the hot tap. The board is beefed up for expansion but I doubt any of the current large shareholders will support further fund raising given their past record. Attending the AGM will be a waste of time, there will be no honest appraisal of questions asked, better bets out there in my opinion obvs everyone DYOR

All very valid points Brasso3 given the Director purchase (small) doubt we will see any deal soon, I guess investors just get bored of hearing about all that jam tomorrow expecting to get a couple of decent sized jars full of the stuff, yet only receive one of those crappy single portion sachets past its sell by date.

Do you rate what Malcy says? he seems to pay lip service to the companies with no in depth analysis, probably why the share price takes little notice of his comments.

Sensible Levine has spouted many bullish stories over the last few years non of which has resulted in any upside to shareholder value, quite the contrary actually, lucky for me the oil price has increased and the capital losses on President will help offset gains on companies who know what they are doing.

Personally think its a sack of **** there always seems macro elements which are a greater influence on the share price than their own day to day operations. History shows they are accident probe YPF Repsol hitting their initial Argentine investment, inability to have a successful drill in Paraguay, lucky acquisition at Flores, zero feedback from Guardian. Always jam tomorrow, far better investments out there

They put out an interim trading statement usually late Oct 25th or so, might be positive Vertu wasn't that bad Still the same management though which I think works against this stock, have Schroders being selling?

What about the bit further down?

Any views on the interims? big hike in debt overall seem ok ish

Clearly great prospects with the incumbent idiot running the show selling 3.5 mill Got to be time for a change of CE

Cheers Sparkwise very good point what do you think of this vanity or a good investment http://www.pistonheads.com/news/ph-britishcars/stratstone-buys-a-jaguar-lightweight-e-type/34219

Were Pendragon supposed to be opening a Porsche garage in Wolverhampton, i'm sure there is a built dealership but currently only used to grow weeds

"Our financial position remains strong, with our debt : underlying EBITDA ratio remaining significantly below our target range of 1.0 to 1.5. We are currently assessing our best use of funds." I hope they are not considering a large acquisition given the history, Share buy back if anything