The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The one thing that occurs to me is that at least the information is on an official filing rather than a company RNS, so presumably carries more credence.
They also filed a 2nd report regarding WOW but it�s so difficult to read I gave up. I don�t think it contains anything new.
Seems to refer to the 20th December report so may be nothing new ?
They have just filed an OCS report but I can not open it. Wonder what it says?
Tend to agree with that and am keeping a close eye on Black Cactus. Some sort of funding certainty to enable their Business Plan to kick off and then take it from there. Yes, I know that they haven`t exactly covered themselves in glory on that front historically but watching with interest
Yes,I get all that too, but unless the RNS is lying, then I assume WOW must have been active recently. To me, it is another question on my list. I know you will err towards the lying theory but I will keep an open view on it and await official reliable confirmation.
Well, it is all conjecture by us and will come out in the wash soon. BLGI intreague me and their fortunes obviously have a major impact on MSG. The intended move into Healthcare and WOW ... yes I know the most recent available accounts show it dormant but who knows if things have changed since ? and Mr Mittens appears to have had an interesting past. I will keep researching and await developments. All the best
Yes, I get that. I have read through the quarterly report several times to try and get it all into perspective. It is item 6 clause B which intreagues me as it states �The company entered into a secured loan with a corporation with a significant shareholder�, then on September 30th (following the payment default) �the lender took possession of the mining hardware� I don�t understand whether or not that means a significant shareholder of Envoy/Black Cactus? If it is/was, then what did the lender do with the hardware? Keep it in the loft at home until BLGI raise some money to pay for it? Or eBay it? That was 3 months ago and something could have or may soon change,subject to BLGI raising some cash. Maybe reading too much into it or misunderstood, but I will be interested in how it pans out.
Keeping a look out for substantiated news from Black Cactus (good or otherwise) as the fortunes of MSG are closely interwoven. Both companies obviously need to raise cash by various means,as they have both stated this. One of the main catalysts I am looking for is reliable confirmation from BLGI that they have got the mining hardware back. I am intrigued as to where this is currently, since a shareholder took it back I believe, unless I misunderstood. Please don�t jump down my throat folks. I am merely posting my observations.
Good afternoon everyone. Flicking through the days posts and noticed Rebel`s @ 09.27am, which I think may possibly be referring to me as I posted for the first time recently. Jut to clarify, I am a genuine poster and not connected to any other. I wish all holders the best with this share. Not too long until some news hopefully.
If peeps can’t open the link, then google it. Well worth a read. Cheers
My take on this stock ? If you read the following link, it is very relevant to this chat board. https://messageboardfools.com/bashers.htm. It is an old article and some may have seen it before but it is still relevant. I often read it to remind myself of what goes on. I see Black Cactus stock has risen well over the last few weeks. A bad stock is not bashed. I will not post again but will make it clear that I am an experienced investor and understand aim antics. All the best
Good morning everyone. Interesting chat board here.