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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 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. |
Posted at 23/4/2018 08:14 by ettienne1951 I noted a regular contributor on LSE has today suggested two options to lift the share price. One of those options was quote: "create a buyback to reduce the number of shares in the marketplace." unquote.Is this poster serious? Do they know the reason for the decline in the share price? Have they read the annual report? Even the latest operations update gives a clue. It's to do with cash generation and chronic levels of indebtedness both to its lender and its creditors. The company has never paid a dividend; it's desperate to conserve cash but an investor suggests a way to reverse the share price decline is to drain the company of even more cash and for it buy back some of its shares. Really? One former American Gand Slam tennis player of the 70's and '80's, renown for his dislike for linesmen's dubious ball out calls, might have put it differently. |
Posted at 13/2/2018 14:17 by papillon Fantasy company with fantasist investors, like temmujin and the lse dreamers. Still you can't blame RW and her family. MAGP has been a nice little earner for them.If you adjust the MAGP share price to take a/c of last years consolidation the share price has declined from a high of £5 in late 2012 to the current 4.625p. That's a loss of over 99% in just over 5 years. That's some decline! That takes some doing! Congratulations must go to RW and the BoD for that amazing performance! LOL I remember I held shares in MAGP back in 2012. The fantasists on the lse bb were then looking forward to holding a party when the share price hit £10 (10p pre consolidation). Ah those were the days! LOL. The fantasists talked of each other as being shipmates on the good ship Magnolia! LOL. Unfortunately the good ship Magnolia sank and bacame a shipwreck whilst on a long voyage! |
Posted at 29/6/2017 14:44 by papillon area44. MAGP couldn't make an operating profit when the PoO was over US$100 per bbl. Nobody is predicting the PoO rising to those level again anytime soon, so why would it make a profit if, say, the PoO rose to say US$65 anytime soon? Don't forget that though the company only listed on AIM in late 2011 it was previously listed on Plus Markets (became ISDX and now NEX exchange) for a number of years. So MAGP was listed for over 4 years whilst the PoO was over US$100, yet it never made an operating profit.Why has it never made an operating profit? Because it's business plan is fatally flawed. It's admin expenses are far too high. It's revenue from tiny percentage stakes in scores of wells will never cover it's exhorbitant admin costs for such a small company. MAGP is a very lucrative gravy train for RITA, her family & other BoD members. Why does she receive such a high salary for running such a tiny company? Her company expenses are probably higher than her salary as I doubt if she travels economy class, or stays in the equivalents of Premier Inn's! Why is her family employed? Why are they on the gravy train? Fletch is correct. MAGP only quotes initial production figures for wells, but it's widely acknowledged that those high initial flow rates soon rapidly fall. For example a well that initially flows at 200boepd will likely be flowing at only 20-40 boepd once the well drilling costs have been recouped. Also how much of that production is gas? Gas is dirt cheap in the USA. MAGP is NOT for serious contrarian investors; it's solely for gamblers and traders! Look back at the chart for the past year. No doubt some cute traders have made profits from dead cat bounces, some of which see a 50% intraday rise. However mug PI's buying for the long term, who continually average down, have been the LOSERS. MAGP is definitely NOT another Barclays Bank contrarian investment back in the 70's! |
Posted at 29/6/2017 13:21 by area44 papillonI've always been a contrarian. "Contrarian investing is a type of investment strategy distinguished by buying and selling against the grain of investor sentiment during a specific time.A contrarian investor enters the market when others are feeling negative about it and the value is lower than its intrinsic value" if the oil price rises,I think MAGP will make a profit,and it's oversold. There is also the possibility that NTOG will withdraw from the GM. |
Posted at 26/6/2017 13:49 by papillon "Why would NTOG want to be investors if they don't see a future for MAGP."The AIM listing is worth something. MAGP will likely be turned into a shell for a subsequent RTO. |
Posted at 25/6/2017 04:29 by area44 FailedQSMAGP was doing alright through 2014,but the drop in the oil price slowed things down.I think they have the right strategy if they can produce oil at lower prices.They say profitable at $40 recently. Why would NTOG want to be investors if they don't see a future for MAGP.If the vote goes against them,and they still want to gain control,they would have to make an offer for it,but they don't have the cash to do that. They could make an all share offer perhaps. The BOD do take too much money,and should be paid less until it makes a profit. |
Posted at 23/6/2017 11:00 by area44 MAGP has higher revenue than NTOG,and I reckon MAGP will break even,or turn a profit in 2017.They had a much reduced loss in 2016,and lowered the debt.NTOG is simply trying to asset strip the company,for their own reasons. It won't work out that way,because MAGP investors are not stupid enough to believe this rubbish from NTOG and their cronies - they are working in concert. My vote is going to Rita. The stock price should be going up,not down. |
Posted at 21/3/2017 07:35 by failedqs Money Monster - I've no idea what chart you're looking at, but with the utmost respect, I'd suggest you look again.I'm very familiar with this company - I took part in the original floatation of the company and sold out at a decent profit, and have kept a close eye on it. In my humble opinion its totally f#cked. Rita is banging the same drum as always, but I'm afraid the latest ramping is just an attempt to raise more cash to get away another dilutive fundraising from poor private investors. |
Posted at 20/1/2016 10:24 by r g fletcher Unsophisticated and overemotional mug punter investors pumping this for their lives so they may escape.All of them posting lies to eachother and hoping neither will be trying to sell when THEY ARE. This garbage was doomed the day it began. Snead and Rita lol, yeah I know all about this "management team" Managing YOUR MONEY into their pockets. I wonder who gets the licences from the recievers if and when it goes into admin ? Maybe the oil fairies yeah ? Watch. Learn. In future remember , when you throw stones at bullet proof glass. They have a tendancy to bounce of and smash you right in the face. Now run along and bleat to admin to have my posts removed so you can all pretend none of this is happening. It is though :) |
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