Member Info for saintpeter7

Just to let you know that I shall not be posting for the time being, due to the attitude of another poster and work commitments. GLA

Just to let you know that I shall not be posting for the time being, due to the attitude of another poster and work commitments. I still own the shares I acquired recently as currently they are definitely one to hold. GLA

Just to let you know that I shall not be posting for the time being, due to the attitude of another poster and work commitments. I still own the shares I acquired recently as currently they are definitely one very much to hold for the future. GLA

Hi gravytrain - not that it particularly matters but the £650k that was to come from CUL notes enabled those holders to convert to shares at an effective 0.3p. I have not given up on this as the Bod do have until 1 June to arrange an RTO. Whether it be Primus Care or something else, it will add value. With the current SP to buy at 0.5p or 1p (I'm not sure which as they both seem to be quoted) per the NEX website, the mcap of the company based on that buy price would be either £570K of £1.14m. Now if you are able to buy at 0.5p, you could argue that placing an mcap of £570K on the company is quite reasonable as an RTO when arranged would surely lead to a higher price. Even at £1.14m , when you look at some shell companies, that is not outrageous. I am not recommending anyone buy any shares, but this information may be of interest. Comments made by BJ Penn and Bckttsm about chats with Peter Moss are reassuring that some good make come of this. I do only have £500 invested but fortunately only 1.1p.

Good to see the SP increase slightly with some more buys today. From a chartist point of view, that is what one would hope would happen based on the fact that the SP is staying above the 10 dma as it rises. The 10 dma is currently 6.5585 according to my chart. I know I have said it before but with the mcap at about £1.57m at this level IMHO it is certainly not above fair value with the cash raised when coming to the main market of £1.16m. Little currently built in for hope value and on an announcement of investment, we should see a good rise in the SP.

Well said HI - there will be downs as well as ups whilst we are waiting for that first piece of investment news; once it comes out, I'm sure the SP will react very favourably to say the least and we will not worry about a 1p here or there on the price we bought at.

I note the 200k shares just sold. Is this possibly some investor taking the opportunity to sell some of the shares they may well have acquired on the original listing? We have seen other larger sales on the way up from the share's low.

Although UPL has a sound future, I have sold my shares this morning. Having thought about the company's current position, the delay on Wressle means that the company does not have the cashflow it was hoping for from there, which may delay their plans elsewhere. I shall continue to watch and may buy in again when the time seems right. This is a good company with prospects, but IMHO not for a while.

Yes, some more buys. Must recognise the mcap is still modest in excess of the cash raised when MILA came to the market. Mcap £1.71m against money raised of £1.16m.

Have bought back a few now to add to those I had left from my buys in the 0.80s - my purchase at 0.4262p this afternoon - don't wish to put too much in too soon as mms very ready to raise SP very quickly on any purchase. Hoping to recover my losses on SMA when the RTO announcement is made.

Couldn't resist and bought 3 more lots at just over 7p, which will be my lot for the time being. With the mcap only just about £460K above the amount they raised on coming to the market, this just seemed too good an opportunity to miss. Mrmilky nice to get in on the ground floor so to speak. Looking forward to the announcement of their first investment.

Have added two lots this morning. Seems to me a good opportunity to buy now whilst we are awaiting for news of their first investment and the SP is static (at least for the time being). I would not be surprised to see a drop in the SP if it remains quiet for too long, but that's the chance one takes. On the other hand, we may get news soon and the SP rises. Downside risk seems small compared to the upside potential. Please DYOR and you should like what you see.

Hi Tallchad - I have reduced my holding here now because of lack of action and that IMHO the Board even with their connections in the Philippines will find it difficult to get Batangas developed because of the current regime's attitude to mining particularly in areas of nature reserves. As to who owns the company's shares, according to 4-traders.com's information, the founder and executive director, Aidan Bishop owns 27.5%, Ldoa Holdings Ltd (a company registered in the BVI) owns 19.6% and 5 other people or entities own more than 3%. The free float is apparently 41.8%. It does not appear that any member of the Bod owns more than 3% other than Aidan Bishop, unless they hold through one of the two BVI registered companies. Red Mountain Mining, from whom BMV obtained the 50% of Batangas they did not hold recently own 4.7%.

Hear Hear! What an opportunity MILA presents to buy in to a company's shares at the beginning of what I expect to be an exciting story. As you say, great Bod and with money ready to invest.

Have a look at show.me 's posting on 5 January for probably the best explanation.

Today shows that with only a few trades that with news of the RTO, SMA could rocket. IMHO will certainly be difficult to buy in at anything like this price.

after yesterday's bad news and drop in SP. There is more to UPL than their proposed 10% holding in the Wressle field and although it is a set back which will delay the cash flow expected, which obviously would have been helpful, they will no doubt have a back-up plan and may quicken their plans for other investment, primarily abroad. Will be very interesting to see what the Bod's next move will be.

The seller appears to be back again after those healthy purchases this morning. Hopefully, he or she will run out of shares to sell!

Bought some more whilst the SP is 'resting'. The trade at 6.93 is one of my buys, along with the 7.00 and 7.02 either side. Had to go to fill or kill for the 7.00. Looking forward to a happy 2017 with MILA as it makes its acquisitions. I also have shares in IRR, sadly not bought at the beginning of its journey, but I see some parallels here.

Pomander - Thank you for that further info. Hope Regent Pacific works out for you.