Seems someone bought 326590 yesterday at the full 0.4 asking price, then flogged today for a 10% loss plus fees.
Sounds "hazl-esque" trading style to me. |
Bless,
I'm presume Hazl making comments here because I called her a berk.
She should stick to doing sums with toddlers and leave investing for the adults. Or try and be honest in her other holdings as it seems most people have caught on to what a cretin she is.
Meanwhile, we have some bottom fishers here. Was painful to sell my shares at such a loss but nice to get a bit back.
Ciao. |
This person has been pushing this company for simply years and yet follows me around giving advice. ZICO told him a long time ago about him getting over exuberant here but he ignored.
I know nothing about this company and don't wish to spoil it for anyone genuine here, but watch out for Beeks.
He is just talk and no substance in my opinion.
IMO |
And up again. |
Another Halpin aligned member gone. The clearout continues. |
Ooh hello! |
Question is do they still have the same sales and growth fire power with Mark stepping down? He says on LinkedIn he’s still invested in CLCO, so there must be some confidence going on behind the scenes! |
Yep, let's see what mid year gives us. No reason why they can't get these out pronto. |
Haven't found any turnaround action plan in the finals. Just weasel words really. |
Stockpicker - if you believed the story prior to last week then it's not overly changed, except there isnt a looming debt call.I've softened slightly on things here, especially at this price. Happy to see how the situation goes and give the mid year results a viewing. Have a good weekend all. |
MXC are really going to struggle to exit their investments and wind up as they want to.TIA results out, and not a single trade. Company doing well enough underneath but I do struggle to see how they exit without a wholesale sale to another insti. In this market not gonna be easy.An enlarged TIA/CLCO could have legs though. I wonder what the board are thinking? |
TIA results out today, very similar theme to CLCO.Bear in mind that CLCO took over some underperforming stuff from TIA (then IDE) which didn't help. I wonder how TIA would have looked if that had not happened. |
Stockpicker - you are putting blame in the wrong corner. MXC are not the baddies here, they have shareholders of their own to satisfy and can't just give money away. Additionally CLCO have had many years to sort this, and didn't.The board here are the only ones to blame. The excuse of "being too busy" to get the accounts out because they were busy trying to do the financing is mind boggling - I was reserved when announced (classed it as a yellow card) but it's absolutely shocking leadership of a public company when you start to put the pieces together. Was the leadership expecting to walk in to the local tsb and get a loan? How did they think this would play out, and why did they not start this process in 2022, 2023? How did it suddenly become only a footnote for investors in November? (Even though well flagged by Markwell and Z1co on here). How did they not realise that with a debt the size of the company to refinance in the next financial year that the auditors were likely not gonna sign the accounts off? Some mitigation there that money markets seem to have really hardened the last 6 months, but the leadership should really have had a better handle on this.There's a good company here underneath the Corporate structure. A piece of the poor performing bit at the top has now gone and it needs some better leadership to take this forward. In fairness Mark has done a fantastic job growing the company, but Cordswainer nailed it that it's been too "flamboyant" and needs a steady head now. |
At the end of the day it’s only money and noone should invest more than what they are willing to lose. But, MXC have got a lot to answer to here there’s going to be lots of angry shareholders where lack of communication and annihilation through an inherited debt has been left unchecked. Things have moved on over the years and if anything underhand has gone on then they must be held accountable!! Literally, £millions of pounds has been wiped off in the share price which is hurting MXC and all the BOD who hold shares. I really do hope someone comes along who can sort this out. If there’s a pretax profit growth to £8m then what the hell is actually going on??? |
Well well well is this a time to get more and average down or just watch as chaos rolls out everywhere!! This is not the break into profit and 4-5p a share I was expecting at all. All at the hands of MXC and their inherited debt. Something be try underhand seems to be going on here for sure. What do MXC have to gain by ramping up a debt that they won’t be able to retrieve? I’m sure in 2019 the original 4m debt was fixed and to repay? Mark and the team had been doing so well why have MXC done this???? They’ve caused this they need to fix it!! |
What's needed is the interim boss to give a candid update, and immediately get the trading update out. Plenty of synergies with TIA now, can't rule out some kind of merger there either in the long term.MXC want their value out, will be interesting to see how they play this. |
Still a good line available by the looks. |
Got 1.3m across 2 trades.Likely printed in an hour. |
I had an order in for 1.5m shares at 0.3. unable to fill less than 0.38p, so may be showing that a bottom is in for now. |
market cap now at approx. 25% of tangible assets. but last 2 years annual losses > market cap. the high admin expenses need looking into. |
Yada yada yada |
Feeling suicidal....I can't believe what is happening |