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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Magnolia Pet | MAGP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.30 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.30 | 0.30 |
| Top Posts |
|---|
Posted at 06/7/2018 14:13 by papillon Yes, FailedQS, MAGP was a very nice earner for Rita & her family members employed by the company. She's NO FOOL, unlike the mug punter fantasists on the lse who WERE FOOLS! They treated here like some kind of Goddess. |
Posted at 25/6/2018 10:18 by sleveen If the prelims aren't published by the 30th June (now confirmed) then MAGP will be suspended.Surely that's a sell signal? |
Posted at 14/6/2018 11:47 by kingharold Hallo, Fletch. Are you still banged up Slade prison? You're doing a good job (your time - that is) so keep on handing out good advice. You seemed to know about MAGP OK. I hope you took some stock yourself. Realistically (for a sizeable bundle) it's showing about 25% for today: credit where credit is due. So when is it going to flip? |
Posted at 07/6/2018 19:29 by ettienne1951 Extracted from the latest announcement regarding disposals:"The Company’s current portfolio comprises interests in 108 wells and further details of the interests in wells and their economics were included in the Company’s operations update on 16 April 2018. The Company expects current PDP reserves to be approximately $3,300,000 and it is anticipated that the Disposal will result in approximately 50 per cent of its wells being sold by number." Now according to the RNS dated 16th April announcing the Q1 Update, there were "119 producing wells in the Company’s portfolio as at end of Q1 2018" and "US$4,002,000 value (NPV9)" So what happened to the 11 wells that have been removed since the 31st March well count? Silly question. This is MAGP. |
Posted at 25/5/2018 13:56 by papillon leftiePosts: 58 Off Topic Opinion: No Opinion Price: 0.775 RE: Says it all Today 11:24 Clearly the doommongers have got this completely correct. Rita has failed with this one. In her favor she has previously had a decent track record of progressing companies. >>>>> LOL. Don't be such a mug, leftie! Rita definitely DIDN'T fail with this one (MAGP). On the contrary it was a GREAT SUCCESS for Rita. If you want confirmation of that just look at her salary & expenses package for the time MAGP was listed on AIM! Wakey, wakey, leftie! You failed, NOT Rita! And she kept up her "decent track record" of doing very well for herself out of promoting companies! |
Posted at 23/5/2018 15:28 by papillon Unfortunately the MAGP RNS's only ever told part of the story. They only gave the initial flow rates of a well. So if a well flowed, initially, at 500bopd and MAGP had a 1% stake in that well then MAGP's share was 5bopd. That was enough to get the believers on the lse bb salivating that the well costs would be recovered in less than 6 months and after that it was 5bopd pure profit for MAGP. However the decline rate for these wells is staggeringly high. The initial 500bopd flow rate could quickly decline and in 6 months time it could be as low as 50bopd and MAGP's share could be down to 0.5bopd. Even with similar small percentage stakes in lots of wells MAGP could never generate enough revenue to cover the CEO's exhorbantly high salary & expenses, plus those of her family on the payroll, plus the other BoD members, advisors and AIM listing costs. This was explained many times to the deluded MAGP shareholders, but would they listen? NO, they wouldn't!AIM should never have let MAGP list. It was just a vehicle to enrich the BoD & advisors at the expense of stupid, ignorant, PI's. |
Posted at 23/5/2018 12:29 by papillon davesailing, face facts!! MAGP couldn't make a profit when the oil price was over US$100 per bbl. Why? Because it's operating costs are far too high! Look at the salary it pays the CEO, RW. Also her family are also on the MAGP payroll/gravy train.FLETCHER has called this correct for years and yet the delusional mug punters believed RW instead. Look at the mugs over on the lse bb. They called themselves "maggots" and "sailed in the good ship Magnolia". Well the ship has finally sunk taking all hands (mug punters) down with it! |
Posted at 23/5/2018 07:37 by r g fletcher Who found their leases for them and sold them to MAGP ?Who picked up all the leases MAGP allowed to be let go FOR FREE ? Who picked up all the acerage MAGP paid for but let go FOR FREE ? Who was the middleman making all the money ? WHO OWNED THE MIDDLEMEN ? WHO GOT ALL THE MONEY ? WHO GOT ALL YOUR BEST LEASES ............FOR FREE? WHICH POSTER WAS 100% CORRECT FOR THE PAST 6 YEARS? |
Posted at 23/4/2018 17:10 by papillon I remember, Ettienne1951, back in late 2012, when the MAGP was riding high at circa 5p that the so called "maggots" were looking forward to meeting up for a party when the MAGP share price reached 10p. They expected that target to be reached in a matter of months. However since that circa 5p high it's been downhill ever since for the MAGP share price And the maggots can't put the blame for that solely on the lower price of oil because the MAGP share price had already fallen to 1p by the time of the OPEC meeting (late 2014) that led to the big fall in the price of oil.Taking into account the recent 100:1 consolidation that 10p party the "maggots" were keen on back in late 2012 has become the 1000p (£10) party! LOL. Since late 2012 the MAGP shares have LOST 99% of their value. Yet the "maggots" are still living in Cloud Cuckoo Land! They talk of MAGP coming good if the oil price hits US$100 again, conveniently forgetting that the MAGP share price lost 80% of it's value, from late 2012 until late 2014, when the oil price was circa US$100. If MAGP couldn't make money back then why should it ever make money? RW and family are on a nice little earner courtesy of the "maggots". It's hard to blame RW for taking advantage of these gullible idiots. |
Posted at 23/4/2018 13:59 by papillon Unfortunately the 3 "maggots" who have posted on the lse MAGP bb today are very gullible fantasists who can't face up to reality. They must be losing shed loads of money due to their gullibility over the years.How Guidedog7, Robsky & smidsy can believe that MAGP could instigate a share buy back is beyond belief. I'm sure their lenders, who keep them afloat, would NOT allow that even if MAGP had the available cash. I'm afraid the 3 of them are Walter Mitty's just clutching at straws. Their trusting stupidity is mind blowing. Some people are so gullible that they should be prevented by law from investing in shares to protect them from their own stupidity. MAGP is a family (RW and family) run business that depends on gullible suckers (the so called maggots) to provide the funds for the BoD salaries & expenses via endless placings. I don't blame RW; rather I blame those gullible investors who still can't see the wood for the trees after all these years. I find their continuing stupidity simply amazing. Guidedog7 also suggests that RW & the rest of the BoD should "put their hands into their pockets" and buy MAGP shares. LOL. Unfortunately they wont do that, Guidedgog7, because they are NOT as stupid as you and the other "maggots"! LOL. |
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