Member Info for gordorfc

"Rangers say they do not need to be listed on the AIM because the cash injections required by the club will come from existing fans, rather than market investors. The club may now look to a listing on a smaller market exchange, such as Arsenal FC do at the moment" So there we have it .... fans are going to have to stump up again and again and again!!!!!! And the only comparison with Arsenal is ......yep cant think of one....but there are remarkable similarities with the Millwall position. And as for blaming the previous board for their inability to even recruit a Nomad....never mind retain one .... well well the sweep and deny culture so wonderfully adopted be the bheasts from the east and the rancid SNP is now alive and well and found a new home at Ibrox http://www.dailyrecord.co.uk/sport/football/football-news/rangers-confirm-officially-been-removed-5476863

Hahahah .... that's the funniest thing ever, yep lets sponsor Mingwall via Paypal .......oh dear how pathetic.

Many believe fan ownership is something special ....and many refer to the German teams when trying to make their point about how it works so well ..... well have a read of the 'model case' ... and see how easily things can get horribly messy and when you have a fan base as fractured and divided as ours is....its a recipe for disaster. http://www.hfc-falke.de/hamburger-fussball-club-falke-e-v-defenders-of-the-faith/

Happy New Year to all suffering from what can only be described as horribly low prices and intrust in the share....hopefully it will look brighter by this time next year. Cheers

Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce that operations have commenced on the Magnolia (Licence P.1610, Block 13/23a) exploration prospect ("Magnolia"). The partners in Licence P.1610 are Dana Petroleum (BVUK) Limited (45.0 per cent., operator), Summit Petroleum Limited (25.0 per cent.), Atlantic Petroleum UK Limited (20.0 per cent.) and Trap Oil Limited (10.0 per cent. carried interest). Magnolia is mapped as a 3-way dip closure and one-way pinch out onto the Halibut Horst. The structure is mapped as a prominent ridge plunging southwards from the Halibut Horst into the Smith Bank Graben, with the trap being shared between Blocks 13/22d (60 per cent.) and 13/23a (40 per cent.). Drilling of this exploration well will satisfy the outstanding firm well commitment on Block 13/23a. Primary objectives are defined within the Lower Cretaceous interval with targets comprising the Captain, Coracle and Punt sandstones. The well is being drilled using the Ocean Nomad rig and well operations are currently anticipated to last approximately 26 days in the dry hole case. The well will be drilled to an estimated target depth of 5,028 feet Measured Depth Below Rotary Table ("MDBRT") or 4,920 feet True Vertical Depth Sub Sea ("TVDSS").

Nice post....at least people can make up their minds with informative posts....thank you for that. I am not a big investor here, I invested the money I had in FOGL, managed to get out even there ,so I will leave it in here until I see what happens in the next few months....that's my story and I am not into these mind games people seem to get involved in on these BB's. It is a gamble and should be treated as such....never commit more than you can afford to lose and always look at both sides of any argument. GLA

....this is getting just as stupid as it did in the FOGL BB. People this is a GAMBLE......like any other...treat it as such and stop the bickering....it does no one any good. If you invest you hope for the best and fear the worst....so far none of the above scenarios have happened....so please....lighten up and try and be a bit more encouraging...or at least a bit more civil and realistic to and with each other

....200ft of oil....and while they may have to verify the quantity...not all bad. People don't like anything other than a perfect strike by the look of things :-) Hang around and see what comes of the next few plays. GLA

They drilled deeper at FOGL's last drill....and the data captured was just as important as what they did or did not find....my guess would be similar here....the time will not be wasted if they are recovering good data :-)

FOGL did when they completed their last drill.....they did so many logging runs it was unbelievable for a dry hole. Sure its not the case here though :-) GLA

Getting rid of SAP and implimenting a system that people can actually afford to purchase and use isn't as daft as you might think.....when business is turned away because they cant afford the 'payrole run'....then anything that can improve the chances of keeping or improving the order books should not be sniffed at.

Grant Rumbles, Chief Executive of Mouchel commented: “Our results have been disappointing. The economic downturn and government steps to reduce public spending have continued to influence Mouchel’s results this year. The business has suffered from disruption as Mouchel was subject to takeover speculation and from refinancing anxieties which have influenced clients’ decisions about awarding us work. Parts of our business have underperformed, notably Management Consulting and we have experienced difficulties delivering a large commission in the Middle East, which is now nearing completion. Against this backdrop, it has proved difficult to accurately forecast performance which has resulted in several revisions to our profit expectations. “I joined Mouchel as Chief Executive with the aim of putting this business back on a firm footing, so we can move forward with the confidence to deliver on behalf of all our stakeholders. I will be looking at the Group’s business and strategy over the coming months and will focus on cash, our costs and our clients. I will be reviewing every aspect of our business, including the markets we operate in, our operating model and the management structure. I will be looking aggressively at our cost base and particularly at our supporting functions and central overheads. I know that we can do much better. “Mouchel has a strong underlying business with great staff who help to transform client organisations and to deliver excellent services to the public. We have a new management team and we will take firm and decisive action to meet the challenges we face. We will work closely with all stakeholders to reduce debt, restore stability and return the business to growth. ”Whilst the outlook is challenging in the short term, I believe that Mouchel has strong underlying businesses that can deliver real and sustainable value to all stakeholders."

Preliminary Results for the year ended 31 July 2011 Mouchel Group plc (“Mouchel” or the “Group”), the infrastructure and business services group, today announces its audited results for the year ended 31 July 2011 (see notes 1 and 2). Financial headlines 2011 2010 % change Revenue £551.4m £632.6m - 13% Underlying operating profit1 £15.7m £41.2m - 62% Profit before tax and exceptional items £5.0m £30.5m - 84% Exceptional items before tax £(69.8)m £(45.2)m Loss before tax £(64.8m) £(14.7m) - 341% Business headlines • A disappointing year due to a range of factors including UK Government measures to tackle the budget deficit, disruption as a result of takeover speculation and underperformance of parts of the business. • New and strengthened management team with appointment of Grant Rumbles as Chief Executive and Rod Harris as Group Finance Director. • Pursued measures to reduce cost base and provide greater stability, including the disposal of Rail and Pipeline Design businesses. • Encouraging start in developing Australasia business in partnership with Downer, including success in three Western Australian highway maintenance contracts worth £138m to Mouchel over five years. Now pursuing opportunities on the East Coast of Australia. • Strategic wins during the year included:
a contract with the Highways Agency (HA), in joint venture with Thales, to run the National Traffic information Service (NTIS), worth £28.5m to Mouchel over seven years;
a five-year extension to our BPO partnership with Middlesbrough Council worth around £70m to the Group; and
a new 10-year incremental partnership contract with Bournemouth Council worth £148m over 10 years. • Reduced, but strong, order book (£1.4bn at 31 July 2011). • Continuing pressure on turnover, margins and pipeline. • The Board’s expectations for the current year, compared with 2011, are significantly reduced. Banking facility update Further to the trading statement made on 13 October 2011, Mouchel yesterday agreed amendments to the terms of our principal banking facilities which expire on 31 March 2014. The purpose of the amendments was to avoid a breach of the banking facilities which would otherwise have occurred upon publication of the 2011 Accounts.