Member Info for TheNavigator

Wondering if anyone has the payout at IG ?

Thanks GLA

Could there be significant sell pressure on MTL share price as previous CNR shareholders trim back their MTL share allocation - to cash profits or/and reduce position size?

GLA

MTL's CEO provides for a great direction and the numbers look good medium to longer term....

Potentially 18 months time I think we could be looking at MTL share at 15p+ (MTL was close to 7p before the CNR entered the picture)....then the numbers look like :

Cash 10p

MTL Shares @15p = 60.84p

1/2 CVR @5.5p = 5.5p

Total = 76.34p Value per Condor share....

DYOR but GLA

@ Laura2022

I like the following : InMode Ltd. (INMD) Nasdaq and THRUVISION GROUP PLC (THRU) LSE

Do you have any views on these?

Thank you!

@Laura

I am drawn to the asymmetric risk/reward present in your selections of micro caps....

Given that it is extremely high risk from a number of perspectives....what is it about your strategy that makes it potentially viable for you? Would be grateful for any insights or reading suggestions etc...

I would want to see price drop to support area of near 65 plus good +ve diversion near that low zone before getting involved....

Jim Mellon, earning a very attractive 20% interest earning on loan facility..used or not!

"The unsecured term loan facility carries an interest rate of 20%. Interest shall accrue daily and shall be compounded monthly. The Company shall repay the aggregate loans in full on the first to occur of (1) completion of the sale of the SAG Mill by the Company; (2) completion of a sale of all or substantially all of the assets of the Company; (3) completion of a sale of the entire issued share capital of the Company; and (4) the date falling 12 months from 14 November 2024."

Is it suggestive of the end game is not far?

Is Patheon about to" spud" or is it "spudding In" (spud date)?

At what point in the drilling process will the share re-rate to expected profitability?

Thank you!

Candy now being the largest holder...whats to stop him taking it private and enjoy the all the future potential?

Do the defendants may not have the resources to meet the claim....you can do all the calculations.... of billions if you want but it means nothing in reality....How liquid are the defendants????

Tried IG and Interactive Investors ...neither quoting or allowing orders....whats going on?

MANAGEMENT... if you reading this please get your house into order. You need to look hard and fast at addressing your overheads relative to your income before you kill the company!!!

Aim regulators where are you? You are allowing businesses are run into the ground by mismanagement! Small investors need direct channels to the regulators that flash red when enough numbers have raised serious concerns about management. When they go out of alignment with the long-term interest of share holders and in the bigger picture the health and wealth of the nation, UK Plc.

Currently, it is like the wild west and individuals are bleeding the companies to death.

Great post Nero120,

Thanks for blowing away all the fog put out by disgruntled posters!

Thanks

Do you mean 0.20p?

Totally agree with Trisor,

The regulators are incompetent and as usual asleep at the wheel!!!

We need the governments and regulators to enshrine the following :

As part of the compliance and fundamental rights for shareholders the management teams should not be allowed to reward themselves and fill their pockets unless the have delivered value all round and only then be entitled to a fair share of the gain.

It's stomach churning that these fraudsters fill their pockets with high salaries and bonuses while the ship is sinking and the value is falling for all shareholders in the company. This happens far too often!!!

Not one these bast..rds would get a job with the likes of Warren buffet.

Good luck to all genuine investors in this company.

I think there is a real failure on the part of major shareholders to root out the "ALL TALK" and "NO REAL ACTION" CEO's of companies. They have the leverage and resources to turf out the CEO's that are failing in their leadership roles, failing to deliver real progress and so failing to add value for shareholders!

Unfortunately, CEO's and directors stay on the salary gravy train because they have so much room to maneuver just on the right side of the compliance laws. When the gravy runs out they simply do another round of cash raise and continue to suck the company dry in a parasitic fashion!!! They do not exhibit the ethics of the Warren Buffets of this world!!

The investment game is a risky one at best but It is unfairly stacked against the small private investors, who have little rights or protections against being taken to the cleaners by CEO and boards that run the companies !!
I have seen many companies that have been steered into the ground by poor CEO's with a collection of poor management teams...the regulators are useless at preventing the inevitable demise.

When major investors fail to awake from their reverie, I think it's then time for a suitable individual investor/s with sufficient know how to galvanise a share action group and take legal advise to affect a change at the top while the company is still alive ...I'm ready to join!

Mr T,

Having a good captain can make all the difference to the team play.

For example look at MTL which was slowly dying and nearly did with all the debt. The major shareholders head hunted
Darren Bowden as the new CEO. Then from day one of his tenure he began making changes all the way down to the mining cat! The result after a couple of years is a great trajectory for the company and all the Pi's!!!

So many CEO's are just on the salary gravy train slowly bleeding the companies to death and little improvement in prospects. I think a lot more investors should wake-up to this fact and be proactive in showing those individuals the exit door!

Personally, I agree with Kwadoko,a man who can decimate the share prices of so many companies that he has been the CEO does speak volumes and perhaps we need to smell the coffee on this guy!
However, for some reason you seem to have confidence in the man...well we shall see...

Should PI's form an action group to remove this loser and get a new CEO?

Mr T,

Are you sure you mean 0.02p? It is at 0.09 on the Bid today! :)

ATB

News article in the Telegraph.....Luke Johnson has won lawsuit against auditors of £200m...
"A criminal investigation into the business and accounting practices of individuals associated with parent company Patisserie Holdings is still being conducted by the Serious Fraud Office."
McColls board in my thinking are guilty of not presenting a fair picture to the shareholders of the "parlous financial position the business was in"!
Had the true picture been revealed, they would not have been successful in the £30M raise!
We can't let the McColls get away with using smoke & mirrors treacherous betrayal of the company's shareholders!
Anyone capable and prepared to lead the charge with a shareholder action group to explore our options?