Member Info for TeeGee

What concerns me is why the significant rise in the share price before the reults. I smell a rat, somewhere.

I can see you point Dizzy but don't get too confident. This is an AIM share with African and Chinese connections and personally I do not trust any of them. Those who gave away their shares made a rational decision to do so and have to take responsibility for it. Clutching at straws with postings on multiple message boards will not get their money back. Having said that 2.1p might eventually turn out to be a good deal. Who knows.

The administrator is Mark Skelton at Duff & Phelps. Why not contact him directly?

FWIW people are taking the 2.1p offer because it is all they are ever likely to get back. Look at the basics - Chinese owned company trading in Zimbabwe with a listing on the unregulated AIM market. I keep telling myself I should have known better but then there are plenty of investors with more to lose than I will. Hey ho.

Is everyone asleep?! BOHICA as they say......

It always concerns me that there are many people with much much bigger holdings than I have yet they say little or nothing. When it all hits the fan (as it may well do on 25th July) those responsible will walk away unscathed and with our money in their pockets. I guess that's life in the AIM market.

PGL has much in common with HMB. Bombed out price after two placings for a start! Not a lot of shares in circulation but management seem to have everything nicely stitched up for their benefit. Have holdings in both HMB and PGL but feel confident that HMB will be the better performer.

True, hardly a word spoken but not really that much to talk about. Today's RNS sounds promising and positive and having the locals now in charge surely must be an improvement. I still have shares on the basis if you can't beat them, join them. There is a well known saying "Friday's dream on Saturday told". I woke up on Sat morning having dreampt of 7.5p. Informing my wife of this amazing gain she simple reminded me to get back to the real world, get up and make the tea! I believe things will get better and hope those who took big losses at 2p find a good home for their money.

It has been a dreary afternoon Oop North so I decided to look more closely at the details of the current offer. First, the 9% shareholding was acquired by Blackwill Trade Limited. In the detail it says that Blackwill "will not accept the partial offer in respect of any of the shares held by it". But Blackwill are said to be "acting in concert with AR" So who are Blackwill. They appear to be a company registered in New Zealand in April 2011. There is only one director and shareholder, Uatay Kablan. Guess where he lives? Not hard to guess Khazakstan is it! Where does this leave us? For a start Blackwill and AR may end up with 70% between them and the next question then is how does Mr Kaplan cash his chips in? No point in AR buying them as they already have a majority. Both parties have UK companies registered in 2011, apparently inactive. Watch this space! (IMHO/DYOR).

The issue now is where does it all go from here? Who wants to sell for 2p at a loss? What happens to minority shareholders? With EBRD in for a big sum at 3p how do they feel about it? More questions than answers I feel. Still its not a bad start to Friday!

Good morning all. Although living well away from the South East I have followed comments on this board for a while and also MWA. It seems very active and with a lot of realistic and valuable comment so thanks for all that. Have been in since the very low pre crash prices but forgot to sell on highs! Splashed out on 100k at 1.1 today so feel free to comment. I'm here to share your pain!!