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PMG Parkmead Group (the) Plc

15.75
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Parkmead Investors - PMG

Parkmead Investors - PMG

Share Name Share Symbol Market Stock Type
Parkmead Group (the) Plc PMG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 15.75 08:00:05
Open Price Low Price High Price Close Price Previous Close
15.75 15.75 15.75 15.75 15.75
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 11/4/2024 06:49 by sonofthebull
Very good presentation from Parkmeads Fynn Beauly partner Orcadian Energy at Investors meet Company !
Posted at 06/2/2024 13:32 by chutes01
Indeed, he is taking a lot of cash out each month, and half goes to tax, come on Cross, sort it out. You have let a lot of investors down.
Posted at 22/11/2023 15:50 by ashkv
Flagged by me.... PMG is a firm run for the CEO and his family... not for investors....
Posted at 21/7/2023 11:05 by mallorca 9
TC has played PMG investors as fools for years now.
Cleverly he always leaves one carrot dangling .. there have been a string of them ... now its Skerryvore.
Everyone of them has eventually become a huge impairment charge.
He seems to be collecting tax losses.

TC's main interest is not PMG ... its land and property.
For example ... the PMG headquarters building in Aberdeen is held under a separate TC owned company ... however PMG pays rent for that building to the separate TC company.
Thus that building is fully paid off by PMG shareholders for the benefit of TC who owns the building separately.

He's using PMG as a tax avoidance shell on his other interests ..and for steady cash from the nat gas ... much of which he pays to himself as salary.

PMG was formed circa 20 years ago .... turnover still only around £10m ...says it all really !
Posted at 15/6/2023 15:50 by therealdeal25
Chutes Cross has scared every oil company off, he just doesn’t have anything worth drilling, he has also scared off investors, if you look at what £10,000 would of bought you here 10 years ago, and look at what it buys you here now, you could argue it’s a steal, yet on the other hand all I see are sells,I said it would go under 20p, I was laughed at, well they ain’t laughing now !
If you don’t believe me, just look at that scary chart above !
Posted at 19/4/2023 19:21 by chutes01
continued falls, looks in distress now, just a sham.
Cross and his 'team' have wiped out a few investors from much higher levels.
No lender here over 10p, huge dilution if this happens, may just be time to fire sale and call it a day. If Cross wants out, there is no incumbent competent to take over this trail of failure.
Posted at 01/4/2023 11:56 by chutes01
I think investors are starting to realise the mistakes Tom has been making
De-Comm remains live and will drain the cash balance, it was to be topped up by dutch gas revenues but they are at zero, so no cash left.
At AGM he said update will be issued end Q1 for GPA, I suspect it is dead, he didn't stand a chance.
Overpaid for 3 windmills, $4.5 Mill, just too much but the revenue is enough for his wages.
There may be nothing left for shareholders now, and management are just milking salaries.
At the AGM he looked dis-interested and confused at times and had to be bailed out on several questions, he just didn't know how many producers/WI wells they had to de-comm on Athena
He failed to notify shareholders on failure of dutch drill, however since it makes us no revenue, is it material news ..
Nothing left for shareholders now, it may come down to roll of dice with Skerryvore drill and whether anyone wants to produce it to nearby infrastructure.
Bailing out his ex wifes £8 Mill BoS loan was the last straw for many.
Board are dining out at shareholders expense.
Posted at 31/3/2023 11:20 by mallorca 9
Always full of surprises and rarely ever good news.
Even with record gas prices last year ... PMG posts a loss !
As for future exploration prospects , firstly I don't believe a word Cross says, secondly ... they are just the impairment charges of the future.
23 years of PMG now , and still nothing really to show for investors.
Cross on the other hand, has paid himself millions.
Posted at 30/3/2023 14:15 by chutes01
Another 160k just dropped, 320k sold today, insiders selling out before news tomorrow
Paulrrv is a deluded ramper, so beware of his antics

GPA must be written off, update due end Q1 as alluded to at AGM
Skerryvore remains stranded.
Dutch gas drills must have flopped as no updates given to investors as promised or required as it is material information.
3 windmills at stonehaven to support 40 mio valuation - they are only worth 2 Mill

Is this you selling off Paul, and misleading investors ? Is this legal ?
Posted at 30/3/2023 13:49 by paulrrv
All investors beware of Chutes. He holds no shares and knows nothing regarding the company.
All guess work and full of bulls...
Good news coming out tomorrow.

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