Member Info for DMcG54

The MMs might be attacking stop-losses, if that's the case it's a + sign that they are accumulating shares but it's a - impact as it 's driving the SP down, which is what MMs want as they want to make some extra margin on the rise up off the back of a + RNS . Sitrep RNS due soon I believe. Just ignore the pantomime today, all the fundamentals are good.

This should have ticked up a lot more on Friday's and today's buying, I get the feeling that MMs are holding it back poss because if a big buyer is in the wings who is waiting on a specific price on the back of a good RNS. It's just me pondering, I have no proof that's the case but with such strong buying I'm surprised they haven't upped the SP.

It's the just the herd selling up to chase a pharma somewhere, still all looks good at ROCK to me :)

The whole world is obviously wrestling with Covid and economies have to keep going and with recent events with China I can't see India wanting its economy to slow up against China. The port is also a main supply hub for a huge bridge building project as I understand it. So, even if the port workers have to be tooled up with PPE, hazmat suits or NBC suits I would be amazed if that port had to shut. With a military base nearby worst case the military would be deployed to keep that port working.

I feel this stock is suitably de-risked on many levels going forward.

GLA

Meant MPL not MLP, bloody fingers

Cheers Yannis. I clocked the big shareholders yesterday. Looks like it's due a big re-rate at some point in the next few months. Makes sense as well that the port is a phased development. A helpful poster a few days ago also mentioned Burn rate didn't seem excessive (results RNS can give us a definitive view on that). This stock looks promising.

Ditto Mark. There was a nice uplift here in Dec when I should have sold at a profit but stayed at a loss then got fed up with this stock. I just don't trust Randy Grew aka The Plonker.
When it did go up in Dec I do remember some sellers got trapped in auction and couldn't get out easily so didn't sell quite as high as they would have liked.
Just too risky for me. I'm in Rock and MLP now.
Good luck all, I sincerely wish holders well, my nerves couldn't hack this one in the end.

Actually, it looks like some working port facility was started March 2019 but that there is a load of other phased work going on at the location as well to expand facilities. They have a JV with Daewoo & Tata and I think it's to support the building of some huge bridge. Can't wait for that RNS.

Bunsen. I'm just being steered by their website where they use future tense to describe their business and not past tense:

"The company is currently implementing its maiden project of developing a modern port and logistics facility at Karanja Creek in the Raigad District of Maharashtra. The facility will be developed over 200 acres of land with a sea frontage of appx 1,000 meters."

I'll just chip in regarding Lenigas, I don't believe he's linked to Rock, he's linked to NQ Minerals

Fully agree Hoppo. I got out of EUA at the wrong time, should have stayed put, won't make that mistake again :)

I'm pro this stock but from what I understand they haven't built this port yet, its currently under construction.

It looks like this is also traded on the Aquis Exchange, some mental spread there and there has been some transactions on for MPL on Aquis today:

https://www.lse.co.uk/SharePrice.asp?shareprice=MPL.GB.PL&share=Mercantile-Ports-and-Logistics-Limited

On the bright side Hoppo you still came out £8K up, I lost £35K on TCG last year - the dial can spin the other way :)

Thanks chaps - somehow missed that RNS. Well, fingers crossed for next week.

Sold Value £8,484
Bought Value £58.29k

I reckon MMs scaling back SP to get people to sell, by spooking them. These buy volumes speak for themselves.

Hi Dom-Bella. Why do you think there will be an RNS soon? I've taken a punt on this one but just keen to see if any news due. Last June's interim report came 30 Sep 2019 so we won't get an interim until end of Sep at earliest (might be delayed due to Covid mayhem).

Some big names here:

Significant shareholders:

HUNCH VENTURES 21.75% (Indian investment group)

M&G INVESTMENTS MANAGEMENT LTD 18.21%

SCHRODER INVESTMENT MANAGEMENT 9.94%

PREMIER MITON INVESTORS 8.96%

CANACCORD GENIUTY WEALTH MANAGEMENT 7.57%

SKIL GLOBAL PORTS & LOGISTICS LIMITED 5.16%

BRITISH STEEL PENSION FUND 3.81%

RAYMOND JAMES INVESTMENT SERVICES 3.14%

MMs clearly fr1gg1ng the SP, check out the volume on this:

Sold Value £2,358
Bought Value £39.89k

Just out of interest, how have you come to the 25p valuation?