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where do you get 2 from? i can only see 1
3.7 million USD net profit last full financial year means this is undervalued without doubt. Increased margin and efficiency this financial year will see that a fair bit higher and this will rerate. Fast or slow rerate shouldnt matter to any medium to long term investor as it WILL rerate. looking forward to the quaterly update by next friday. dont be put off by the block seller lately as when theyre done brakes come of and its only going ^^^
and whats there problem? any specifics as to their previous issues and why they would be looking ti sell?
how many do they have?
with SLP current margins thr spot price of platinum shouldnt be people main focus. The company is in a strong position to capitalise even at low prices and becomes all the more attractive at higher prices. not many companies out there offering quite what slp are at a market cap so low
anyone got an email for greg?
am i correct in thinking BEKON as a whole was sold to eggerman for 2 million euros? not tji's 10 % as most people mistakenly read it? tji didnt get a bean and have a cash position of about 9 and a half million? if the arjan plots sell for 7 mill each this might do 100% but not 200 and certainly no where near 300% people also need to bare in mind even if the 2 plots sell the sp wont get to a price that reflects cash. there will be no buyers up there, why would you pay a dollar to recieve a dollar back ? that would just be stupid ....
when they sold the last plot they said a portuon may be returned to shareholders, when are we expecting this to happen if it does? after all 3 plots sell or before?
have you got a link to where the plots are for sale?
what is the current cash position? people saying this is valued below cash but my maths say it isnt...
i just find it abit odd that its in that article, especially with agr telling dicie they were confident the accounts would be submitted in time
it says released "full year results" not accounts but thats not my point, my point is the article says that BUT... They didnt release anything? apologies for calling you all ignorant apart from funspunker... funspunker f**k you !
i'll ask again seen as though you ignorant bunch decided to ignore my post yesterday evening, why does the lse news article i posted say that aim listed max petroleum published its final accounts on september 30th ???!!!!
What do you all make of this news article from monday ?? http://www.lse.co.uk/AllNews.asp?code=93lro87l&headline=LONDON_MARKET_EARLY_CALL_Stocks_Seen_Down_With_US_Data_In_Focus the last line of the article states that AIM listed Max Petroleum released its full year results ???????????????
a duckin laugh not rleasing anything arnt they ?? 4k down the drain i think
i'll join you for that drink ! i started investing and the first share i bought was mxp... 48 hours later suspended and been showing minus£2000 ever since... however the other four shares i bought that day have gone quite well and im up 13% on paper from the 10k i started with :-)) if/when mad max wakes up i'll be happy, if not then oh well we know the risks. the roulette table takes 20 seconds a spin, max has had us guessing for months i know where id rather have my money. oh and funspunker .... fu*k you !
I emailed Tom last week to ask the question when we should expect an update as the last RNS stated. I recieved no reply. Anyone else tried to contact them?
Anyone spoke to Tom recently about the lack of an update ( in the near future the RNS stated ) ??
The 42% spread isnt helping matters
why is todays close .035 ??? my buy showing at .035 and the only sell was 34 shares at .034 none of which are .035 ??? also who the heck would sell 34 shares ?? the fees for the sell would be alot lot more than 11 pence they recieved for the sell. any views would be appreciated. thanks..