Member Info for drjenner

The fat lady hasn't sung yet but she's entered the building.....

...£2k at 9p.

Mt Triumph, positive? Really? This is toast I'm sorry to say. How could you ignore so many warnings? Good uck if you want to hang around for the grand finale and encores!

Anyone here?

Apologies if posted before. When the interviewer asks about approval the Boss must have been trying not to laugh out loud! http://www.proactiveinvestors.co.uk/companies/stocktube/3673/madagascar-oil-ceo-looking-for-strategic-partners-to-realise-long-term-export-plan--3673.html

If they get the contract and the cash do they have anyone to provide the services i.e. employees, or is this farmed out?

I don't understand the investment case here. I know that there may be a payment of $300K coming but nobody knows when or if that will happen. If it does I calculate that it is worth about 0.012p per share (or 26% more than the current bid). Given that it has been trading at .10 and .11p I assume that a lot of people will still be underwater. What else is there? Future contracts....maybe but based on what I've seen to date it doesn't look good. I held for a while but took a hit and got out and I am very glad I did.

Millertime, you are correct my interest is academic. More importantly are you still "content" with this POS? Have you sold? If not what kind of miracle are you hoping for? Purely academic of course.

Ivor said in a presentation that the money would be in q1. It wasn't so he should now update the shareholders. If I were you I wouldn't be content I'd be ****ting bricks!

They at least owe an announcement of some kind.

Deadline passes, SP heads south, predictable. Bad news looms I fear.

Quote from Tom Winnifrith 09/02/15: "So where now? We expect the $300,000 to arrive a lot sooner than the “during Q1” Mr Couchman said during the seminar. Having been caught with his trousers down once on this sum we think he is underpromising to over-deliver this time. And we also expect other contracts to follow. On the maths Mr Couchman explained when quizzed by TW at the end of his formal presentation that makes the shares look cheap." With the end of the 1st quarter 2 days away this is now surely a gamble on whether INC receive $ or contracts before the 31st. If not they will have to put out some kind of explanation for the delay, and if they do the SP will tank. I sold out a while back but kept an eye on it. There is really something wrong here IMO, if you don't get an RNS by 31st then huge drop I fear.

Adastra, perhaps my negative comments were a bit too strong. My view of Porta is that it promises much but has yet to deliver, only losses. I got to the point where I became impatient, it's just not visible and so any value has not come to the attention of PI's in general. I would expect given time that the shares will perform and it is still on my watch list for news etc. I sold at this time mainly because I have identified some good buying opportunities for good companies in the oil and gas sector. I'm willing to take a risk that the oil price may decline more but believe that the SP of some companies has reached a low. My feeling is that there may be a rebound in this sector before Porta finally comes to life. It's a simple as that. Good luck.

Spain, Brazil you name it, not UK. Done with this discussion good luck to you, see your SP is off again.

Adastra, I'm not going to argue with you about the merits of Porta, you have your opinion and that's fine. I was merely trying to point out to a new investor that he should be trying to draw his own conclusions. My reference to Paul Scott was simply that he sets out his views in an easy to understand way for people with little or no investment expertise (like myself a couple of years ago). I am not recommending that anyone buy based on his views just to use his expertise on what to look for. My comment about listening to morons on bulletin boards, by association, includes myself and of course you.

You would be foolish to listen to what anyone in here says about whether the price will rise (or fall). They don't know anymore than you do. What they have are opinions and like *******s everyone has one. This share has been ramped i.e. promoted, like it's the best thing since sliced bread but up until now has been a dog. If you are new to investing I'd stay away from bulletin boards like this, practice with a dummy account/portfolio or try some small investments in FTSE 250/350 stocks to get the hang of it. Read a blogger like Paul Scott on Stockopaedia to get some ideas about basics, subscribe to Investors Chronicle and read Simon Thomson to also understand basic investment strategies. But again DO NOT LISTEN TO THESE MORONS!

BJ, makes no sense to me. Always suspicious of foreign companies on AIM, and don't kid yourself this is a Spanish company mainly operating in Latin America. Each to his own though.

Spanish or latin american stock exchanges I would think but wtf do I know.

Malcy thinking about benching Gazza....sorry I mean Caza! http://www.malcysblog.com/2015/03/oil-price-faroe-aminex-sundry-eni-total-bg-caza-afren-borders-southern-and-finally/

Spanish company operating in Latin America. You've got to ask...why AIM?