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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Medavinci | MVC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.87 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.87 | 0.87 |
| Top Posts |
|---|
Posted at 29/5/2011 09:15 by liquid_bull I think a new thread for Orogen Gold, might go down well with everyone here? It might be a good idea if kennyruss could do us the honor. I am invested in this company, and I feel the ORE thread created by Omnitrix was good initially but now I suspect it is no longer sufficient for the objective.It is often difficult to dig up the relevant information, on companies that are not on people's radars. There are not any broker notes/analysis on this company that I have come across, if anyone else has any information would be a good idea to start fresh and credit to kennyruss he did a good job with the MVC thread. I would like to know people's thoughts if you are content/happy with the ORE thread by Omnitrix, or the idea of a new thread? because I honestly don't think the thread we have can do the company justice. It would be in all our best interest ahead of any further announcment from the company. There is an element of concern in my mind as to the expectations, and ramping going on. There are risks involved, but the company seem very excited about this Deli Jovan Product, and you get the feel this could really be a good year for Orogen Gold. There is always the people who are stuck in here from the spikes, who will be running for the exit. However there will be more serious investors who the Orogen story might appeal to and they will be ploughing in their capital. Of course I am only speculating here. It is very difficult to put a value on this or come up with a target price. I believe the price of gold will play a big role. I will be topping up on any dips/weaknesses. I will wait until the sampling/trenching results become apparent, but whatever the outcome now is a chance to get in early. |
Posted at 25/2/2011 13:56 by ericban marab,Thanks, and good luck, I think my highest was 1.09p and got around 600k at 0.4p. I'm pretty comfortable with my average to date. It's always comforting to me when retraces happen, it show's it's not a bubble just diffetent types of investors entering and exiting. EB |
Posted at 22/2/2011 19:16 by saturdaygirl Embry noted that for the big gains investors should look to the mining shares, "It is time for the investors who really want torque to buy the precious metals mining shares. I think based on ratios that I follow that the shares are at one of the cheapest points vs the metal in recent history. I could see trading days where some of these shares will be up 20% to 25% at a time. |
Posted at 17/2/2011 16:45 by jenny tulwought rico,No hard feeleings - thank you. If this investment of ours, is as good as I was given to believe, where are the more savi investors snapping up shares at these discounted levels? And why are so many selling a share with so much potential? OK, weak PIs may get manipulated or 'shaken out', but look at the chart over the last 6 weeks - that's one hell of a shake isn't it? Sorry for being gloomy but I'm a bit fec up with myself for buying the hype a few months back at 1.08. J |
Posted at 16/2/2011 09:40 by omnitrix leaving them wanting morestill lots of uninformed and ignorant traders in this so hopefully will the need for 'patience' will leave the decent long term investors |
Posted at 13/2/2011 12:42 by rico_suave It could also be a means of getting rid of weaker holders who want to make a quick buck or two and have no balls might I add and lack the patience and testicular fortitude who will probably kick themselves when MVC comes good. Not long before the more serious medium to long term investors will start boarding the ship. Good luck everyone who has the patience to wait this one out |
Posted at 22/1/2011 16:58 by cyprussteve I also share all your optimism for MVC, as you already know.It is not often that one comes across a prospective gold producer, with known historical resources, an existing - ( although currently waterlogged mine) - and strong Director financial support. I know it seems odd, but, I do believe that the reason we are currently below so many investors radars is the appalling website - which in no way reflects the current Company strategy - clearly the Directors have taken the decision to keep it that way for the interim period, presumably until they announce the change of Company name, new Directors coming on board from Orogen, results of the current sampling taking place, and new Company website giving a complete overview as to the new strategy etc. It is almost as if they don't want the Company to come to wider attention at present - I have rarely, if ever, seen a website which totally fails to convey the Company direction and forward strategy. One can only assume that they have their reasons for not having updated this as yet. Medavinci was previously an investor in a group of portfolio companies focussed on innovative technologies, products and services within the Health and Wellness markets. However, as highlighted in the circular to shareholders dated 9 August 2010, the Company has recently re-focussed its investment strategy to one focused on companies involved in mineral exploration and production in Europe. The company has re-focused the investment strategy of the company to one focused on companies involved in mineral exploration and production in Europe. As part of this re-focus the company successfully raised £842,042 in August 2010 and made an investment in Orogen Gold Limited in return for a 49% shareholding. Orogen Gold Limited ("Orogen Gold") In August 2010, the Company invested £370,000 in Orogen Gold Limited for a 49% interest in the enlarged issued share capital. Orogen Gold is an Irish company incorporated in April 2010 for the purpose of holding investments in companies involved in mineral exploration and related activities. Its initial focus will be on the Deli Jovan Gold Project, a 69 sq km permit area in eastern Serbia covering two shallow underground gold mines that were last in production pre World War II. Under an Earn-in Agreement with TSX (Toronto Stock Exchange) listed Reservoir Capital Corporation, Orogen Gold has the right to an initial 55% interest in the Deli Jovan Gold Project, if it spends a minimum of approximately US$1.5 million on exploration by June 2012, and a further interest of 20% will be obtained upon an additional spend of approximately US$2 million by December 2013, giving Orogen Gold an aggregate interest in 75% of the Deli Jovan Gold Project. On the 3 Dec 2010 MedaVinci raised £1.5m for Serbian mines ADVFN competitor.com/actio The directors are holding about 23% of MVC, There will soon be a name change and a new Web Site Medavinci plc. Web Site Update on Deli Jovan Gold Project 9 Dec 2010 ADVFN competitor.uk-wire.c Medavinci_plc_Gold_S Reservoir The Company MVC Acquired the project Reservoir Retains 25% The "Hidden" $884 Million Goldmine of King Alexander I By Byron King | December 8, 2010 | Have a good weekend all, Steve PS - I have recently been researching VML - maybe worth a little look ? |
Posted at 14/1/2011 10:46 by sarah bin palin CyprusSteve - 14 Jan'11 - 10:40 - 2299 of 2299Hi cash, Agreed - we need to have update on recent samples. then assay results to establish a true picture - it will forever be thus with Junior Miners - they are speculative. The choice investors have is to buy now whilst the share price is low, in the hope that all will go well with the exploration, OR, to wait until results are proved up and pay a lot more - the perpetual investors dilemma. The two things that encourage me greatly are that we KNOW there are historical resources, so it is not greenfield exploration - we have an operational mine there - ( which of course will need re-furbishing - but at a fraction of the cost of excavating / building a new mine ) - and the substantial amounts of Directors buys - they must have significant confidence to invest that much. Ciao Steve |
Posted at 14/1/2011 10:40 by cyprussteve Hi cash,Agreed - we need to have update on recent samples. then assay results to establish a true picture - it will forever be thus with Junior Miners - they are speculative. The choice investors have is to buy now whilst the share price is low, in the hope that all will go well with the exploration, OR, to wait until results are proved up and pay a lot more - the perpetual investors dilemma. The two things that encourage me greatly are that we KNOW there are historical resources, so it is not greenfield exploration - we have an operational mine there - ( which of course will need re-furbishing - but at a fraction of the cost of excavating / building a new mine ) - and the substantial amounts of Directors buys - they must have significant confidence to invest that much. Ciao Steve |
Posted at 25/10/2010 18:43 by 1nv35tor some of you might find this interestingEver since I started trading I have been trying to work out exactly what causes prices to move and therefore make it easier to predict when & how they are likely to move. There have been a few threads dedicated to market makers in the last few months, but there were still some questions that, for me, remained unanswered. However, after trawling the internet for a few hours, I found the answers to my questions! I have posted the article below for others' information and comments... 1. What are Market Makers? a. What are Market Makers? i. Market Makers are companies who have agreed with their clients and who have been approved by regulators to "Make a market" in the shares of the client. b. Who are the Market Makers? i. They are usually large international banking organisations, usually with thousands if not tens of thousands of employees' worldwide. c. What is the job of a Market Maker? i. Simply it is to make a market, i.e. to ensure that there is always a market in which investors can buy and sell shares of the clients they are Market Makers for. d. Who is a Market Maker responsible to? i. Their shareholders. ii. Their clients. iii. The broker with whom they are entering into a contract with. iv. Whilst not strictly "responsible to" the regulator the Market Maker has to be able to demonstrate that the obvious conflict of interests arising from this list are dealt with in an appropriate manner, and that no one is especially advantaged or disadvantaged. e. What is a client in the Market Maker context? i. The client is the quoted company. Quoted companies have contracts with the Market Makers in their stock. 2. Market Manipulation or doing their job? a. Do Market Makers manipulate the market? i. "Market Manipulation" is an emotive term, and conjurors images of shady deals and exploitation. Market Makers are not elusive companies that appear then vanish overnight. Market Makers are duty bound to make a market and to meet the needs of those they are responsible to (See 1d.) to this end they may try to influence the market. b. How Do Market Makers make their money? i. Market Makers make money from buying shares at a lower price to which they sell them. This is the bid/offer spread. (See 4.) The more actively a share is traded the more money a Market Maker makes. c. Surely a Market Maker raising/lowering the price on news/rumour without any buying or selling is manipulating the market? i. No, not really. If the Market Maker was to keep the price steady on the release of news they would find themselves with lots of buys or sells which they had no choice but to fulfil at the screen price but before they could find matching orders (buys for sells, sells for buys) they would have to change the price and they would then loose money through market exposure. This is bad for them and for us. (See 3.) d. Why do Market Makers raise prices on Monday morning for shares tipped in the Sunday press? i. This is the same as question 2c, because the Market Maker needs to ensure that there are enough sellers to fulfil the needs of the buyers responding to the tips. e. Suppose my screen shows all sells and the price is increasing, what is the Market Maker doing? i. An explanation of this phenomenon is given for Tadpole, which very briefly shot up to 73p before settling back comfortably to the 50p support level. The likeliest explanation is that the Market Maker had an Institutional order to fill and no stock to fill it with (this trade would not have shown up on peoples screen until somewhat later), under thier obligations to create liquidity in the share the Market Maker is obliged to gather a stock holding, only possible if they can encourage people to sell, which can be achieved by raising the price. The order is likely to have been large enough to be significantly outside the NMS thus allowing the Market Maker to gather a fairly significant premium on the price (probably being some-where between 50p and 73p allowing the Market Maker to offset gains against losses and still profit). Once the order is filled and the market volumes return to thier "normal" levels, so does the share price. f. Do Market Makers ever lower prices to "panic" investors into selling, sometimes called "shaking the tree"? i. Yes, moving the price up, encourages sells, moving it down also encourage sells, take another look at Tadpole, in the first instance, the price was hiked way up despite the 50p support level, but at 50p few of the people who got in between 20p and 45p are going to sell (and look how many buyers there were still at 50p), the rise was meteoric, smart money just ignored it as it only lasted about 2 hours, but what was probably caught was huge investors who were in way before 20p and had forgotten about it, now they want out. The Market Makers order gets filled, the price settles back to a smart support level and volumes decrease, however the Market Makers gets another order to fill, maybe not so big, maybe not so prepared to pay the premium, but you also know that there are a lot of people out there waiting to see if it's going to shoot up past the 50p support level again or dip and if it dips they're going to sell now before it dips back past their 100% profit level. g. Surely delaying the posting of trades is Market Manipulation? i. This was allowed as part of the SETS trading system when institutional investors pointed out that with 100% transparency, any other institutional investor would be able to trade against that position which would put their client holdings in jeopardy. Further, with 100% transparency, if it could be seen that an institutional investor was (for whatever reason) adjusting a large holding in a particular company it could also scare private investors into selling or alternatively encourage them to invest without doing thier own research. Both scenarios lead to either over- or under-selling and an inaccurate reflection of the company in the share price as a direct result. h. Do Market Makers try to reduce volatility? i. Sometimes, usually at the request of the client (see 1e), this is mostly done by increasing the bid/offer spread therefore discouraging trading especially by day traders and also by marketing the clients shares to institutions in the hope they will take up long term positions. ii. By asking their client to reduce the number of news releases. i. Do Market Makers encourage liquidity? i. Yes, partly because they have a duty to their client to ensure an active marking in their clients shares, and partly because they have a duty to their shareholders, it is only through trading/liquidity that Market Makers make money. j. How do Market Makers encourage liquidity? i. Partly just by being there, by being the enabler to liquidity, they will always buy or sell shares if you want to. ii. By narrowing spreads. iii. By encouraging their client to produce news releases. 3. Are Market Makers risk adverse? a. Does a Market Maker hold "stocks" of the shares they make a market in? i. No. Market Makers are there to make a market, not to act as some form of stock control system. At any one time a Market Maker is likely to have a position in the stocks they are the Market Makers for, but this position could just as easily be short as long. However having a position (of either persuasion gives market exposure and Market Makers try to avoid this.) (See 3d.) b. Can Market Makers take a short position? i. No and yes. Market Makers are not supposed to allow themselves to go short, but in process of making a market they may well find themselves short of a stock. If this happens a Market Maker has a number of options, purchase from another Market Maker, fiddle with the price in the hope that enough sellers will emerge to cover the short or borrow the shares from an institutional investor. c. What is market exposure? i. Market exposure is the amount of money you have exposed to the vagaries of the market, i.e. the amount of money you could loose or gain from your positions open in the market. d. Why do Market Makers avoid market exposure? i. Simply because a Market Maker who is over exposed to the market is giving systematic risk to the whole market. Ill explain... If a Market Maker was to take up lots of large position across the whole range of shares they make a market in then if there was a market crash the Market Maker may find themselves bankrupt (ala Nick Leeson and Barings) and therefore unable to make a market. Once there is no longer a market the shares will become pretty worthless (if you cant sell something, at any price, what is it worth?), this in turn could force other Market Makers to go bankrupt and the whole thing would spiral down into a very unpleasant mess. We would all loose vast amounts of money from our pensions, endowment policies, insurance funds, Unit Trusts, Investment Trust and direct equity investments, in addition to which an important source of cash for companies would vanish! 4. Prices; how do they work? a. What do the on screen prices reflect? i. The prices you see on screen are the best prices currently being offered by any and all the Market Makers for the share you are looking at. b. Why do spreads change? i. Market Makers can and do change their spreads, but nowhere near as often as you see the spread change on the screens. (See 2h.) ii. The main reason that spreads change on screen is because the screen shows you the best prices on offer. c. Why are some spreads so large? i. The stock may be very volatile and the Market Makers needs to protect themselves from sharp price movements and market exposure. ii. The client (see 1e.) may have asked the Market Makers to reduce volatility. iii. The price and NMS combination maybe so small that the Market Makers need a large spread to ensure that they cover their costs and make a profit. d. What's an inverted price? i. The prices you see are always "the best prices" it is possible that Market Maker A is offering to sell the shares for less than Market Maker B is offering to buy them at. Normally the reverse is true, so this is know as an "Inverted Price". e. Do Market Makers have to buy and sell at the quoted prices? i. Yes, so long as the quantity of shares you want to trade is equal to or less than the NMS. f. How come my broker can sometimes get a better price than those onscreen? i. Basically because Market Makers compete with one another for business. When your broker calls the Market Maker he is giving them the opportunity to 'bid' for the business, the Market Maker may well improve on the price on offer via the screens. The Market Maker only makes money when they are buying and selling, so the Market Maker will prefer to see the business go through their books at a reduce margin than allow it to go to another Market Maker. g. What is Normal Market Size (NMS)? i. It is the quantity of shares for which the Market Makers are quoting prices. IE for which the prices are valid. h. Why don't Market Makers set a price based on intrinsic value? i. The first person that comes up with a calculation that is 100% accurate for 100% of quoted companies is going to be very rich indeed. Market Makers no more 'know' the intrinsic value of share than you or I do. ii. If they got the calculation wrong everybody would be buying or everybody would be selling, leaving the Market Maker with huge market exposure. iii. Intrinsic value is still a notional value, since surely something is worth exactly as much as they highest bidder is willing to pay. iv. Many investors value "in fashion" shares at far more than the traditional "intrinsic" valuation methods would yield, again this would lead the Market Maker having huge market exposure. i. How come I don't see my trade listed? i. Trades for less than 3000 units don't have to be reported. ii. Some stocks don't have to have trades reported. iii. Your broker has batched up your trade with others. iv. Your trade was large enough to cause the Market Maker to treat it differently, it will be reported at a later stage. v. Your broker arranged the trade via an alternative to Market Makers. j. Do Market Makers make money from the raise or fall in share prices? i. Probably not. Market Makers make money from trading, at all times they try to minimise the open positions they have, so the actual price of a share is of little consequence to them. (See 3.) 5. What have the Chinese got to do with all this? i. Most Market Makers are part of huge financial organisations, and these are made up fund managers, investment advisors, brokers and much more besides. In order to stop these people from exchanging information with each other (which would lead to breaches of client confidentiality, insider trading and much more besides) artificial and procedural rules are drawn up dictating what can be said and when. These rules are know as Chinese Walls 6. Competition and Alternatives a. Is there an alternative to Market Makers? i. Yes, Matched bargain trading. ii. Electronic Share(?) Networks. b. Do Market Makers compete with each other? i. Yes, but it's an incestuous business like many and Market Makers will on some occasions work together for a common cause and others will find themselves head to head, things can change quickly in the morning two market makers could be shaking each others hands, in the afternoon they could be trying to cut each others throats. Taken from ]www.uksharenet.co.u If you've read this far, you must have found the article as informative as I did! |
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