Member Info for zooropa

Thanks for passing on Jakes' kind words. A paper round wouldn't suit me as I'm not too good in the mornings Jake and I don't have any pocket money as I invested it in MOG : ( Aren't you tempted to come over to MOG as DL doesn't love you as much as he used to now he's got a brand new shiny toy called REM. Neil Neil Orange Peel does though! I don't know why but "On the Buses" always comes to mind when I watch him presenting. We're going to win!

Thanks for passing on Jake's message. If we keep going at this rate, there'll be no dinner money for Jake to take ha ha. The board's not been the same without you Jake & I hope that your investments are all doing well (except LGO : )

The Aim market is certainly biased to relieve small PI's from their money, all controlled by the Market Makers and the bid/ask setting games they play to give the impression the sp is rising (when it's not) or falling (when it's not). If you're not being deceived by the MM's, the BOD's are fleecing you by continual dilutions - raiding your pocket to finance an idea that might never come good (but they'll still be drawing a big salary) or might take 10 years to come good by which time the share price is a fraction of what it was. It's been quite telling that the ISA inclusion has made little difference to the Aim market. Why? Because the institutional investors know it's too risky.

If I were to advise someone new to investing, my advice would be to avoid all Aim shares like the plague. Even trying to diversify your portfolio doesn't work. All you hope for is that one of your shares multi bags to cover the loss in the others. The chance f you being in an REM before takeoff are so low. Research doesnt work. Technicals dont work. Your best bet is to wait until a share crashes then jump in and hope youve not caught a falling knife. Under slightly different circumstances, this sp would be at least 10x its current value.

Of FFS. What next? This must be the unluckiest bod on Aim. It's just one piece of bad news after another. They're even throwing our money away funding students through uni.

That's how I read it too

the MOG board is like a graveyard. Think well hear some good news here soon enough. There's obviously a lot going on as BH always posts amazing RNSs in terms of amount of ground covered. Just a shame that his efforts get scuppered by a banana republic aka Italy and by by LGO whingeing. Jake would be right on here to tell me he's going to take my dinner money but he can't as he's been banned. I miss him.

Under slightly different circumstances, this could easily at least 20 bag. It's the uncertainty over OM and the impending case with LGO that's keeping the sp at rock bottom. Very frustrating but just need to be patient.

requesting Jake's ban be lifted but to no avail

http://www.telegraph.co.uk/finance/financevideo/yourmoneytheirhands/10226585/Paul-Mumford-What-I-learned-over-25-years.html

Thanks. That makes sense. If he was born in 1969 then that's a photo taken from his student card lol. If they don't give the go ahead then its only fair that they stump up.

Apartheid is alive and well in Zimbabwe. I think if you ask most Rhodesians : ) regardless of colour, 99% would say times were better before Mugabe seized control.

Does anyone know why the Italians are stalling? They haven't said they've changed their mind. They just seem to invent new hurdles to put in front of MOG at every turn. It's like they're trying to buy time but i'm not sure why as the elections are long past. Has there been a change of guard and the new guard strongly disagree with the ban reversal? They really have created a rod for their own backs on this one. MOG's and the other affected companies had a strong claim before the ban reversal. That can only have strengthened their claim. It'll be interesting to see how this plays out as MEPL are now backed into a corner. They can't just say nothing.

For any newbies wondering what this Ombriba Mare thing is all about, just after the big BP Gulf of Mexico spill, the Italian government put in placea drilling ban within a certain distance of the shoreline. A total kneejerk reaction. It looked dead in the water. Then they said, we've changed our mind. The ban is in effect but doesn't apply to companies who were operating before the ban. Instead they have to give a a small % to cover environmental costs (a bit of a stealth tax if you ask me) and undergo an environmental screening exercise. MOG have fully complied with this but the Italian government are just sitting on their hands doing nothing (as far as i can see) - nobody wants to make a decision in case it puts them out of a job or makes them unpopular. In the meantime Italian politics is the laughing stock of Europe with a comedian as a serious contended for high office. It would have been better if the Italians had just stuck to their all out ban.

Ombrina Mare Update - MOG have filed an appeal before the Administrative Court in Rome against the Italian Ministry of the Environment and of Protection of Land and Sea. Good to see the BOD starting to stick the boot in. I just think all concerned parties should just get on with a class action against the Italian government and stop pandering to them as they're just being led up the garden path.

The missing word in my last post was time : )

Someone on the iii board suggested that there might be some horse trading going on between MOG and the Italians - MOG holding back on litigation to give the politicians to sort out their affairs. Just a theory but its plausible.

Is it just me or does that big buy look iffy given this mornings RNS?

It's a whopper. Does someone know something that we don't?

Just a couple of small Directors buys. Nothing significant.