Member Info for ihavenoclue

I still completely disagree that news of the new chop will be the driving force in this share. They will still have a shopping centre unfinished with a loan outstanding due in March - which is fine IF the shopping centre is complete. The litigation is over. By law Leadersmart belongs to UVEL it is just a matter of when and not if they take control over it. We NEED news that the shopping centre has finished and dates of when the final fees will be handed over. IF the timescale slips again (Like it did this year ... in November 2009 they expected it to be finished in 4 months but mentioned in June 2010 that they expect within 6 months - so SHOULD have news soon) then things get sticky but if they have finished then it is plain sailing north IMHO

On ADVFN it is still showing mid at 0.425p ... is it in auction or something ?

I got £2.2k at 0.55p - had to call Barclays to force it through !!

I just found that out .... buying £2.2k and I could only get £500 worth at 0.5p ... 0.55p for more !!!!

Sorry to disagree with you but it will not 8 bag on that news. We need the shopping centre to be completed and to get the revenue for that, after the chop has been sorted, to say the loan back and be on a stable footing again. I am bullish on this stock but it is not as clear cut as you have mentioned.

Up to 0.425p now

Wanting to buy more ... Barclays have sell at 0.35 and 0.40p ... but price now 0.445p to buy ... news must be on way

You copying and pasting my lines ???

I did the same ... hold just a smidge more than you .. bought in small amounts .. last one was last week ... thought it would take a while so consigned to the "bottom drawer" - it is very good to see the board being so proactive in this. This share is simply very undervalued and I am happy to wait to see the true value. There are a lot of options for the board at 4p ... here's hoping they get them :)

Talk about clutching at straws .... I can see this dropping back like all the other mini-rises at MOG

It said yesterday there would be news today. Perhaps you should do even minimal research before opening mouth ?

Market cap of £3m at 5p .... Cash of £5m after debts paid with £1.2m per year for the next 2 years

Where as I agree this is still grossly undervalued I would forget the AIM market valuing this at anything more than 250p - Talk of £3 to £4 is ramping IMHO IF the market valued this at full rate it wouldn't have been 140p to buy 2 days ago. PMHL will reslease an RNS today which should spell out exactly how much the deal is worth and what other assets they have. Then after a long weekend of press this should rise again next week ... I am looking for 230 - 240p with Daniel Stewart having a target of 256p which they raised from 250p weeks ago

Here is a new update from Daniel Stewart Wednesday, February 24, 2010 Daniel Stewart retains 'buy' on Prosperity Minerals as disposal remains on track London-based stockbroker Daniel Stewart said that Prosperity Minerals’ (AIM: PMHL) £300m asset disposal remains on-track, after TCC International (HKG: 1136) shareholders approved the deal. Prosperity’s shareholder vote is seen as a formality and the only remaining risk to the deal will be the completion of due diligence, which the broker understands has been satisfactory to date. The broker maintains its 'buy' recommendation targeting 258p per share, reflecting 56% upside from current levels of approximately 166p. Prosperity will hold a shareholder vote in respect of the deal at its EGM on 1 March 2010.

Screaming BUY now !!! TTC have approved to buy part of the cement assets for £319m equiv or 234p a share. Currently at 162p with a 256p target by Daniel Stewart. Buy in quick before the slow market picks up on the agreed sale.

Try 0.00p ... these will delist shortly and then be worthless.

Why ???

The quicker you buy the more you make. The mention in the FT of Daniel Stewart's slight upgrade in target to 256p drew in a wider audience to the disparity between market cap and asset value. Buy and hold for a few weeks and see for yourself IMHO Regards IHNC

...towards it's REAL value. 35p was a joke IMHO ...onwards and upwards.

I think someone has been disposing of a large amount hence the drop from the high 50p's. This news will make MOG an even greater takeover target and should produce some good reviews to get things moving and clear this overhang. Should be a LOT higher than 15% off its low IMHO