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Parkmead Share Discussion Threads
Showing 10126 to 10149 of 10150 messages
|Thomas has never changed. He keeps his cards close to his chest. I'm not happy at the seemingly lack of action but then again I'm not Thomas. He will make deals when he's ready. I bought in at less than a penny, the same as tournesol. Made a great deal of money, which included a lot of luck. Did it because I followed the man not the company.|
|Who is it who lacks insight?
"He is a cautious man, which is why he did not rush to spend money on distressed assets. He, like you and I, could not be sure that the bad times were over never to return."
Going by this logic then he'll never spend any money because he can never be sure if the bad times will return.
Gargoyle2 is right the best time to buy is in the lowest price environment. An opportunity missed for me.|
|Thanks for your views tournesol. Everyone is entitled to their own, but I for one would like a little more transparency from the company. I actually think the shares are good value at these levels, but would like more information to back up that view. Current production levels, for example, would be good to have a sense for, but as far as I can see, the last production levels given by the company are about 7-8 months old.|
your criticisms appear to be lacking in insight
Cross funded PMG with his own money when otherwise it would have withered and died. He deserves his paycheck just for that.
He is a cautious man, which is why he did not rush to spend money on distressed assets. He, like you and I, could not be sure that the bad times were over never to return. Had he spent the company's cash, and things had then gone bad you'd be criticising him for doing that.
He is in for the long haul. At Dana the share price drifted sideways for ages on more than one occasion. But the company was steered through the doldrums to a very satisfactory destination - a 25 bagger in my own case. I expect PMG to be a repeat performance.
As for openess and transparency PMG's website is surely a model insofar as it includes analysts' reports and research papers. I don't know any other company that does that.
If you don't share my confidence and optimism then you should sell.|
|Been looking at PMG again over the weekend. I can see why Malcy took them off his bucket list this year. The company just doesn't keep shareholders informed about what's going on imo. The fact that the company has done no material deals in the low price environment (when it has a load of cash on the balance sheet) seems careless to me. I'm not sure what Cross does for his 500k a year compensation package, but it would be helpful if he was at least trying to persuade shareholders that he earns it! Interim results in a month or so. Wonder how much of the GBP 20 million net cash is left.|
|Well said ziblot|
|Have made a great deal of money with dnx and pmg, even bought a house; and still well in profit. In Iae and waiting to see if institutions accept. TC will never get caught short, just have to have the nerve or why be in stock market. Should look for institutional selling, None, so hold tight.|
|Ziblot I wouldn't advise doing that if you really have that! PMG is shrinking it's not in a growth period anymore, losing licenses one after the other, paid fees for each of those licenses every year, now relinquished at least 4, no one wants to drill at the moment or in the near future, Gas is the new oil for now, you have been advised, I feel you know this is not going the right way right now, if it hits 30p I will think about getting in again but I am sitting on the side lines here for now, just have a feeling TC doesn't have anything lined up yet! I could be wrong but I doubt it!|
|Don't the licenses expire if we don't initiate work?|
|Well if it hits 48 I'll buy another 100k.|
|Well worth accumulating at this price|
|There is definitely something going on in the background if you look back at the end then somebody is accumulating sharesThis is cash flow positive company and domestic gas prices have been increasing in Europe some even more cash coming inTom has built up a lot of licences in some great areas where oil is almost guaranteed We could definitely see a take over here this is so undervalued just now We worth accumulating|
|If PMg go to 20p I will buy a shed load, that's all the company is worth at the moment, they hold approx £18 -£20 million in cash, they have small income coming in from Netherlands, that's keeping their heads above water, they don't have enough money to buy anyone or anything significant to change their course! Where the value will come from now is a mystery, as PDL is a dead duck, it's sour oil and no one wants to drill for sour oil, not at the prices oil is right now, no one wanted Perth when it was 115 dollars a barrel! Best TC gets a buy out of the company now but who would want it? What do they have that's worth bidding for?|
|Well we will have to disagree, PMG are not in a growth period right now they are shrinking as I said this morning, When the partner comes in board I will be back to remind you old boy! Still it's good we see it from different spectrums, TC did it once, we are now in a totally different world, and there is no guarantee he can do it again! I think he is being too cautious because of Athena, he spcertainly got burnt there! He should of known better being the best! Cluff will out perform PMG this year without a doubt fella! 😀👌127870;|
|Nah! TC the best their is. Takes months to set up a deal. Clnr worthless; meaning they have no money. Pmg have excellent significant shareholders besides ME. They will know more than us. As far as drilling goes, its not the right time to risk cash when there are opportunities for cashflow elsewhere. Fpm concentrating on NCS so no surprise they walked from PDL.|
|Ziblot, think I would rather be in Cluff right now than Parkmead, we are waiting for a partner on our huge Gas field, where as PMg have nothing in the bag at the moment and are shrinking not growing! What with losing licenses, Skerrymore was supposed to be mega so a lot of value to come off for that,|
|Are we heading for a triple btm. (Reversal)Before shooting skywards? OK just kidding.|
|Wonder if somebodies got a decent buy order in as it looks as tho' the share price is being walked down against the market?|
|I was in scotland when it spiked, I think around 9 or 10 pence. Went to the library but couldn't get on the computer to sell, so said just leave them. Another stroke of luck. Coming down from £3 on poo collapse really hurt but swings and roundabouts. Good memories, just got to wait for the bad ones that inevitably come.|
|Yeah, I originally bought a gazillion shares in PMG at 0.8p and then sold at about 1.2p because I decided they would need to raise capital before they could move forward and that would give me a good re-entry point. So much for that plan.
Had I just stayed in I'd have made a truly stupendous amount.
But I didn't.|
|When TC ran Dana the DNX share price went sideways for very long periods. I was a practitioner of extreme long termism and was heavily in Dana for many years. I did very infrequent trading overlaid on a buy and hold for (almost) ever position. The bottom line for me was a 25 bagger in which I held 60% of my investable funds.
If TC does the same thing again at PMG then I will not complain.|
|60k buys and 23k sells and the share price drops!How does this market work!|