Medcaw Investments Share Discussion Threads

[jangaman] 11/12/2003 23:49

Hope you kept these Currpata Kai...

[clusium] 10/11/2003 07:38

These shares have performed very steadily over the last few months and seem poised for better things. I'm surprised there is no response anywhere.

[fluffy] 20/8/2003 11:37

The main problem with 'black box' systems (ie you can't see how it makes decisions) is that even if they do really work you won't be able to trade it as you won't have faith in it when it has a loosing streak.

[r.dryden] 18/8/2003 17:59

Analyst - why doesn't that information surprise me?
I think it is downright wicked that people can make claims like these.

Hooya, I'll try your suggestion when they call back,
which I am sure they will.
My bet is they won't go for it.

[hooya] 18/8/2003 16:58

lee and i were discussing today whether a 'good' system would ever be sold. I think there is no reason that it shouldnt be sold if it's good. I assume the price is a one off. Best thing to do, just to exercise your curiosity is go
see them at their office in London. If they are a serious company, they should be happy to show you around and give you a demo there. Also ask them if you could pay the deposit monthly and test how keen they are for you business etc

[analyst] 18/8/2003 16:52

Snip from the Guardian Wednesday July 16, 2003

Is this mailshot too good to be true?

Q I have been sent a mailshot from MCI Technologies Ltd offering Star Trader software for £5,900 + VAT, half to be paid after profits of £30,000 have been made on the stock exchange. Obviously I am suspicious.
The literature says that of 10 alerts, two on average will make a 10% loss, eight on average a 15% to 25% profit. If true I need never work again!

Do you have any knowledge of the firm and its software?

JS

A I think it's safe to say that this one falls into the category of 'if it looks too good to be true, that's because it is too good to be true.'

Firstly, MCI Technologies Pty Ltd should not be confused with MCI Technologies, the French company which produces insulation and acoustic materials for the building industry, nor with McI Technologies, Inc, the US IT firm.

No, the provider of Star Trader software is a very separate entity. It was previously called Micro Corporation, or Microcorp, and has a lot of dissatisfied customers in Australia, where the software was marketed under the name Blue Chip Trader.

As I haven't personally tried out the Star Trader software, I can't say how well it works - but in a global economy where professional fund managers and share traders of many years standing and who have exhaustive resources at their command have struggled to make much profit from the stock market over the past three years, I seriously doubt whether this product can live up to its boasts.

I reckon - even given the relative instability of the financial markets - you'd get a better return on your money if you invested it.

[r.dryden] 18/8/2003 16:43

Obviously I am extremely priveleged then.

MCI are owned by Tomato Technologies of Australia.


The Star Trader software costs £5800 + VAT, so it must be good.
The system can turn £1500 invested to £30,000 in a year.

The special deal is that for a limited period it is being offered
for £3407.50 deposit, the balnce of £2900 to be paid when the £30,000
profit is realized. If the £30,000 is not forthcoming then the balance
of £2900 will be waived.

[r.dryden] 18/8/2003 10:35

I've just been selected to receive an exciting information pack and exclusive offer
for this software from MCI Technologies Ltd.
They practically guarantee that I will make money if I use it to select stocks to trade.
Not being one to buy a pig in poke I though I would check here first to see if anybody here is using it?

[clusium] 09/8/2003 07:14

Steady as she goes at year's high, with results due in September. They seem worth sitting on.

[the nick hunter] 11/6/2003 21:05

They just had another 3 big buys announced today. Thats £1.5 million spent by 4 directors in 5 days. Anyone know anything on this one

[the nick hunter] 11/6/2003 17:40

Anyone notice the 3 director deals on 6th June they spent a lot of money

[argy2] 01/2/2002 11:40

Brave man....Good luck.

[currypata kai] 01/2/2002 11:17

I've just bought 10000 at limit of 130.

[thwaiteuk] 01/2/2002 09:37

With the positive news this am, how come there is very little activity?

[royaloak] 01/2/2002 09:24

ARGY2, thanks for the information, I am both a trader and a long term investor, in this case when I see a pe of less than 5 and an optimistic statement I am content to buy a few and stick them in the bottom draw.

[argy2] 01/2/2002 08:47

Poor marketability and a persistant seller when they have a run.....be careful, unless you are a long term investor imho.

[royaloak] 01/2/2002 08:39

.... back to the facts guys, very positive trading statement this morning, results will exceed expectations!

[slater] 21/1/2002 20:01

To the previous posters I have information suggesting that Tw is very upset about the comments made obout him and his wife.

He actualy posted these toughts on his weekly editorial on T1PS.

I dont always see eye to eye with TW (and he knows that) but at the same time I feel that he is a very genuine guy, honest, hardworking and very helpfull.

Yes at times I find that he can be a bit self opinionated and wont give much ground, but at the end of the day I bet his tipping in the long run will come out winning.

I now get to the accusations which I feel are 100% wrong, a person in his position wouldnt risk de-crediting for him and his family(his wife is a partner in a lawyers practice).

I think that the accusations made were downright silly/stupid. Why did they come about?. Well on a thurs/fri/sat when a lot of people are in high spirit(and have also drunk a lot of spirit we can all get carried away and boast
and over induldge in our thoughts but the posting on three iii went well overboard.

I conclude by saying that I have information from a very reliable source( and you cant get much more reliable, Tw himself) that TW has been in touch with 3iii about the person concerned for the posting and he is in fact going to take this matter much further. ADVN have also been informed.

Slater.

[stewjames] 18/1/2002 18:59

Another uninspired selection by the looks of it, as well.

[ducatiman] 18/1/2002 18:59

StewJames, lol!

[stewjames] 18/1/2002 18:57

There was a post on the iii board earlier today insinuating that TW and his wife held shares in all his tips via some sort of non-UK, non-traceable account.

LOL! Considering their "excellent" performance, I REALLY hope so!

[bonedaddy] 18/1/2002 18:46

REDMARAUDER - I think you may see I was in no way making accusations.

[redmarauder] 18/1/2002 10:12

BONEDADDY - TW does not hold shares in any of his tipped companies and if you repeat that kind of LIBEL, (as this is the printed word in the public domain) you may be sought out via your ISP for legal action

[goalkeeper] 17/1/2002 20:24

Liguidity on this one is a no go - bought a McInnery fairways timeshare many years ago in portugal - and yes sold for a profit!!!
Best left alone.

[bonedaddy] 17/1/2002 19:52

There was a post on the iii board earlier today insinuating that TW and his wife held shares in all his tips via some sort of non-UK, non-traceable account. Now strangely the post has been removed! I wonder how much if any truth there is in these allegations? Anyway, MCI... Rose 18% on a very thin trading volume, i woudl have thought it may well stay at this level for a number of days before returning to its pre-tip'ped level.