Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
the directors as well as those invested will be feeling a bit low today, unfortunately it's a common issue when drilling, it's a set back but not the end.
I'm not invested, just stopped by to read the RNS, but wish the shareholders and the Directors a speedy return to profit and happier times.
Good luck
Lockes...
Check it out.
atb
Lockes...
Good stuff,
atb
Lockes...
You have to click the down arrow to see ariel pictures of the site.
I like the company's previous track record of major building contracts, railways and shipyards for example.
share price is unbelievably cheap IMHO considering from this month (March) the port is in use. I expect to see an RNS shortly and a major upswing in the SP.
Long term hold for me but definitely one of my top stocks I'm invested in.
atb
Lockes...
www.mercpl.com
Looks like they have updated their website.
Thars a massive port they are building, some nice ariel views,...what's that song again...we're in the money...
atb
Lockes...
I've just had a look at this today, to use someone elses analogy of Race horses & Nags...I'm sorry to say this stock is definitely a NAG.
All you need to do is look at the Director's inability to steer the company in a positive manner...FOR THE LAST 5 YEARS.
Some AIM companies exist on here just to pay the Directors salaries IMHO
I wont be investing.
Atb
Lockes...
South of 0.004 which will be under the 12 month low.
FFS anyone thinking on buying into this right now is nuts, come back when there is a positive RNS and if there are steady rises over a few days, but not now...I got out of this a couple of month ago as I could see it wasn't going well.
This company is in dire straights financially. I said it ages ago that they would need to raise finances to continue trading. They put too much into the drilling of the Duster, they went far deeper than they thought they would and it came up with nothing to show. It was a case of keep drilling and fingers crossed we hit paydirt, ...it didn't happen. People invested here have lost their shirt, I lost @ 45% and bailed, if I had stayed invested I would of lost closer to 80% of my money. Anyone buying into this right now is nuts IMHO. Wait for news and market sentiment that will drive the price up, either that if you feel compelled to invest then put in only what you can afford to lose, stick it in the bottom drawer and leave it for a year or two.
The above is just an opinion based on the knowledge I have of the company.
atb
Lockes...
Well, NY are considering passing legislation, the last time they tried it backfired. It's all in the public domain.
We are down over 4% now and I see this dropping down further, certainly 18p and possibly below that in the near term...unless positive news pops up via an RNS.
atb
Lockes...
that when I sold up I was over £400.00 down and I hate selling at a loss, if I had held on I'd now be over £700.00 down, my £1000.00 buy in about six or eight months ago would of cost me over seven hundred quid in losses....that's just ridiculous. I'd have at most £250.00 left.
Thank god I sold up, the 400 quid loss was bad enough, I feel bad for those still invested and I hope you can recover your losses.
atb
Lockes...
A month or two back and went into MPL shareholders are getting mugged time and time again with this bunch.
The only ones doing ok out of all of this is the Directors, the mug punter share holder loses every time, the whole thing is a legal way to keep the directors coining it in at the shareholders expense...
atb,
Lockes...
RMS has started using the facility from this month so from my understanding the port is being used. The port has been used previously but we can expect further news shortly I believe. According to one of the latest news RNS we can expect higher number of traffic to our port later this year so if the RNS is correct then I would say we're sitting pretty at the moment.
atb
Lockes...
As we can all see, the share price is dropping on a daily basis and yes 18p is definitely a possibility, will the price rise again...of course on good news but until then expect to see further daily drops as short term investors move their money over to other stocks that are doing better, personally I think we will dip under 18p this time but who knows.
atb
Lockes...
Couple of typos in there, apologies, pan out, not plan out.
Everyone, have a pleasant evening
atb
Lockes...
Hi,
The contracts are in place and agreed upon, I wouldnt worry, I'm also invested here, remember they are still developing the port, you know you really never know with aim listed companies but I'm prepared to hold for a year or two hoping that this plans out ok. I'm sure it will. Let's put it another way, if it company is legit, then we are in for a lot of profit here, I'm not going to say what I believe we may see profit wise but I think it will be a high return on my money invested , the other side of the coin is that it may not be as good as the RNS make out...in other words a scam...so for me my position is 1, I have invested in the company as I believe I can derive a profit from doing so. 2, I believe that there will be a port and I see myself as a long term holder here, I'm assuming longer term investment brings higher returns...thars my take for what it's worth, I wouldnt recommend anyone invest a penny on anything I've written, it's a case of you pay your money and you take your chances...
atb
Lockes...
Yup, just a waiting game Stewarty
atb
Lockes...
Yawn....
Apart from I think around the 25th of last month, it rallied again back up around the 30p mark. Since then daily drops in the SP. I think it will settle somewhere back around 4p to 6p and then rise on a positive RNS. The massive gains recently was just the typical hysteria driven rise, it rose too quickly to sustain that 49p. Inevitable that it would fall back.
atb
Lockes...