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Fig, would you know which fertilizer company it might be?
Excellent thanks Fig, Monthly timeframe stats on the website are good enough to give any investor a boner..lol
Also, is there a website to check volumes traded as a graph to be able to identify a pattern? novice question i know, but am here to learn and any advise is appreciated
Fig, regarding the large trade, I hold more than that but had to buy 10s of times to accumulate. How do people get such large buys in one go with such few stocks on sale at any one moment? would it be from an ii?
Thanks for your inputs Fig and COV. If they heed our request and updatee photos, at least my friend would be spared of quarterly 140 mile trip back and forth to the site for visual check of progress..lol
Emailed to: info@mercpl.com, mpl@newgatecomms.com
I am an investor in your stock on the london stock exchange. I would like to take this opportunity to give a feed back on behalf of my fellow investors on the stock exchange and myself.
1. Can the website be updated with photos and videos of the latest development at the project site please? Can you give us an indication of when you intend to do it? Currently, the photos are many years old.
2. Is there any change/consideration to consolidate the stock to a 10:1 or a 100:1 to make the stock price more meaningful than it being a fraction of a penny.
3. Can the market be updated with an RNS about the latest developements and future plans/projections, current contracts and prospective contracts please
4. Polite request for reporting + presentations where all investors can dial in.
Please can you respond to some or all the points above. This would make a lot of small investors like myself a lot more comfortable holding the stock.
will do soon and will keep you posted cov. GL
comeonvog, I see this as a high risk high return investment and am ready to take my chances. I believe this is a good entry point and an opportunity to load up (only with money I can afford to lose) . Made some profit from trading TGR (which still a big part of my portfolio) which I invested here and am in for the long haul if need be, fingers crossed.
comeonvog, Our free float is low with directors and their funds holding about78 percent, which leaves about a million and a half left on AIM at the current mcap imo(Fig or other more experienced investors, correct me if I am wrong). Guess they don't give an eff about us small investors at the moment. I will surely try to email them and let this board know if I get a response.
BOD has only been accumulating all along and havent sold at all which is a good thing.
Hope they pull their finger out, update the website with latest photos, consolidate at 10 to 1 or something like that for the stock to be a little more meaningful and communicate better with RNS though.
Not directly related to MPL, but this link should give an idea of the potential upside in investing in any infra related project in India at the moment:
https://www.theweek.in/theweek/cover/2020/12/17/sagarmala-could-create-one-crore-jobs-in-the-next-decade.html
Thanks for the links and the info Fig.
IKN, I am still a learner/beginner level investor, but try my best to research as much as possible before investing in a stock. This stock to me ticks a few boxes:
directors having skin in the teeth,
govt allocating funds ( google for sagarmala project; http://sagarmala.gov.in/about-sagarmala/background
the huge industrial parks nearby
director buys and a price so hammered already that downside may not be too much from here(but WTFDIK)
At the moment, I plan to hold this for a medium to long term perspective. Like Fig was mentioning, for us to cross 1p and over, we need news of confirmed contracts imo, more director buys would not hurt either.
I had invested in one India based stock from IPO days, it is doing rather well and derisked at the moment. So was hunting for my new undervalued India based stock(as I believe in the country's growth story) and think this stock is a good risk-reward at these prices.
Do you have any links you can share about the Mittal or ancelor contracts Fig?
Thanks Fig.
IKN, been confused with the decimals a number of times myself a number of times. Some of them are so bad that they always show as 0.00 after rounding off on my HL screen
my pleasure Fig, my friend upon enquiry has been told that a roro port might be coming up next year as pat of this project(word of mouth from a local shopkeeper, nothing concrete), but I can not find anything about it on the internet. would you know what income a roro port might generate if and when it goes operational? I am just a beginner learning about ports, revenue streams etc at the moment.W ould a roro port generate enough revenue to sustain further expansion(as opposed to further placings and dilutions). Your opinion please
Iknowniffin, Director buys were at .24p, not .024p
I had a friend drive down and check the port before buying in. Construction is on, there are JCBs and heavy equipment in place(he was there last sunday, so work was not happening when he went there), there is a huge industrial estate close by (chemical processing, coal processing etc), there are a few very large warehouses in the vicinity too.
The gentleman inaugurating the port (Mr Fadnavis) is expected to win the next state elections(he is the head of the opposition now), this should hopefully make the political class favourable to the BOD. Indian govt and Adani group(who btw are very close to Mr Fadnavis's political party) have earmarked billions into developing ports in the next 5 years.Considering all the factors and the BOD buying in heavily, have invested a sizeable part of my portfolio into this stock, fingers crossed. DYOR and GL all.
Bushmaster, I for one will take it as a plus. USA/Indian orders are what will propel the margins imho.
https://www.google.co.uk/amp/s/www.graphene-info.com/covid-19-and-graphene-current-overview%3famp
Interesting collage of graphene-covid research and developments