Member Info for mikeep

I still dont get it. Why do our "other" directors and advisers think 6.5% is a good deal.

Clearly 6.5% is a good deal for Mellon et al. But is it really a good deal for mfx shareholders more widely. Is there not an alternative for a 2m loan cheaper ?

Big sale of 2.65m last friday at 2p =53k ! Interesting to see if any of the main shareholders offloaded.

I see the DM are doing their best to screw all the airlines with this over priced ruling. Compensation culture on this scale will be the death of cheap flights. And we can go back to the '80s and expensive shorthaul.... "Has your flight been delayed in the past six years? Here's how to claim compensation ... which could be as much as £480"

Aberforth increase holding again, up to 12%. I reckon at about 13p average......

Very positive again today on decent volume again. Anything brewing?

Excellent update. As usual DTG never over do it. No mention of reduction in fuel costs which must help all parts of the business. Hopefully no exchange cover ups like last year and these have all been flushed out. What is the profit figure expected to be exceded ?

Good results back in profit.

Good news about BoC loan, still only GBP30m after years of pain, also Aberforth have increase their holding to 11%. Must be a decent medium to long term bet here now. Hoping for 30p .

550k shares for 1.05m today and a slight rise in SP. Good to see a gradual increase since 180p on release of year end results. Still not sure how the hedging/exchange rate issue will affect future profits and am still baffled by the accounts and lack of transparency on this from last year. Hopefully business on all fronts is continuing to grow.

I thought the results were excellent and the reaction has been to the downbeat comment on the last 12 weeks trading. This will be reversed. gotabesirius gives a "sell" today yet on 23 May said "Looks to keep bouncing off the 200 day ma very strongly. This is a strong buy at 256p. follow me at #sharemyadvice" . Why the change?

Good article MinesJ thanks. I did notice this on a list of shareholders in IFL: (morningstar web) Aberforth Partners LLP 57,291,107 10.37 400,000 0.70 0.47 03/31/2014 J P Morgan Asset Man(UK) Ltd 29,745,594 5.30 28,894,100 3,393.34 0.17 02/28/2014 Aviva Life International Limited 21,265,468 3.89 It appears JPM have aquired 5.3% recently, Aberforth have upped their bit by 400k to 10.37% and Aviva still hold 3.89%. Not seen any RNSs on these changes?

1.3% of company @ 14p ?

I think the price has been slowly rising from lows of 1.5 to 2.5ish but it is still well below the heady highs of $5/6 around 2008. What the exchange rate is offering is an even better uplift for the sales that's all....

besides the chinese and their 29% only Aviva and Aberforth hold 27m shares - ironically about the same number as those transacted in the 2 large trades. also note $ v Rand nearly at 11 and a multi- year high; even with low ferrochrome price this exchange rate is some 50% higher tahn the last few years

I agree. Also with 50% of shares held with institutions , Marwyn near 20% and Paul Bell near 10%, these were worth 8m and 4m at suspension and nearly double some months earlier. I'm sure they're not keen on writing this one off. But v poor information to all.....and too many of those guilty still in situ ?

EDS help on BBC DIY-SOS on wednesday night TV. It appears parts of the group maybe operating; it would be good to hear news. Any news...........

Big buy of 1million at end of last week and again today. These are 80k GBP trades. Also update and interims due next Monday - are we hopeful of a positive statement. Any comments please

Well something must be happening for long time shareholders (sufferers) soon. Costs under control, R v $ at 5 year highs and 60% above 2 years ago, and a slow move back towards commodities. Perhaps a positive statement to accompany the preliminary results mid-Sept will be the fuse.....

The July target of Can Gen, 280, has already been reached. I reckon they will have another look. 3 pound soon with the business and trade updates due at AGM.