Member Info for JG68

If makes you feel any better my current MCG losses are over 3 times your MCG holding.

You could easily swing back to profit with one 5-6% day, in fact last Monday it hit 96 at one point.

20% revenue MCG

Same thing exactly happened last year, when profit reported was only 100k. We all said at the time " surely the market can see below and realise that a majority of the costs were business exit related"

And here we are again a year on.

It just seems that if the company is profitable underneath, none of the headlines lead with that, all headline LOSS.

Same just happened at MCG, trading as penny share all time low, their excuse no more covid funding, similar here with furlough payments being brought up again.

Markets are completely whacking companies headlining losses and firing up others that are now showing profit (iag, Rr, m&s)

Imo this is all down to the BOD and a complete disregard of the people that actually own the company ie us.

I mean come on MCG revenue growth 29% 3 billion plus, this nearly 3 billion trading as penny shares.

Someone said earlier they heard there is going to be some presentations to IIs next week, these guys need to kick this BOD or even start increasing to force some kind change.

This is being run like the new Labour government will be run.

All these after hours trades which look like buys at 23 and one 200k at 25, are these orders from much earlier in the day getting filled at the price when they were placed?

Why is there always such a disconnect with the adjusted figures?

Is thus being viewed as a zombie company now?

Nofear

I wanna sue MCG too, their capital destruction is nearly as bad if not worse since 21

Under what circumstances can shareholders sue the board, by God they deserve it.

Whose portfolio is mainly green except this and a few other total dawgs?

I can see 20 Monday, they've completely transgressed from being profitable and cashflow positive at FY, to the opposite today, and are now fixing debt again.

Hopeless CEO, imo all shareholders are owed an apology

So much for JLs bullish b-------t leaving statement on LinkedIn, he's going to be the fall guy in this weekends press, Shah will have a field day.

A tenner says red close!

There does surely come a point when the large holders including the Cosmens start asking for changes, they can't exactly be at all content with proceedings.

Can't even turn green when markets are up, that's worrying

Me to Cashola and this and MCG are my largest holdings, been a terrible week

He said " I am proud" !!!!!!!

It's already falling further after listening to his absolute dross.

He's failed, after 5 years, good riddance, achievements, sold off family silver half price.

Market won't be pleasant imo

They're awful, they've regressed.

Loss, EPS down, cashflow negative, no dividend, very disappointed reading that.

What we really need is better market day tomorrow given the last few days, and that with a decent update might do the trick.