Mercantile Ports & Logis... Share Discussion Threads

[my retirement fund] 25/8/2017 09:22

Thanks fully understand what you say and dont blame you. MT will be in the same boat. He is a very different creature to me. I've years of experience watching AIM listed foreign based frauds come and go, especially Indian ones. Infact it was dominated by Indian scams until the naughties when the Chinese ones came along. There really is no better teacher than years of experience and even then someone thinks of another idea you've not seen before and scams you again.

[orinocor] 25/8/2017 09:21

This will be back at 4p soon. I don't think they can even generate enough to pay the interest on the debt never mind actually post a profit.

[love it] 25/8/2017 09:10

15,000 max buy online at 8.48p

[love it] 25/8/2017 09:08

Think it's got more to go. Cannot buy much online so this could be heading for double figures

[kingharold] 25/8/2017 09:03

You did right, MRF, Looked a fair quick punt to me - but I'm hamstrung by a long history in marine civil engineering and could not bring myself to bet on one solitary high investment project lauded by an interested party. Just couldn't do it.

[my retirement fund] 25/8/2017 08:56

Wow i just sold what I bought moments ago at a 25% profit after dealing costs. Happy with that.

[keith95] 25/8/2017 08:42

Beeks of Arabia25

"MT will be furious." - Please stop making up conspiracy stories ;)

[pj 1] 25/8/2017 08:39

love it. Its all my posts. Effiert/timw3. Been going on for 6 months or so. Cant have much of a Life?

[love it] 25/8/2017 08:33

The most interesting thing here on this thread is how quick a premium poster votes down your posts PJ1 almost within 5 seconds each time ?

[pj 1] 25/8/2017 08:32

Placing to support working capital for the ''contract''?

[beeks of arabia] 25/8/2017 08:31

MT will be furious.

[lefrene] 25/8/2017 08:30

I wonder how long that keen young finance director will last once he's been through the books? It's cost HOW MUCH to achieve so little?

[someuwin] 25/8/2017 08:27

High quality new NED gives confidence...

"The Company is also delighted to announce that John Fitzgerald will join the board as a non-executive director following the Company's AGM, bringing a background of commercial, operational, strategic planning, performance management and other experience to MPL. Mr Fitzgerald has significant port experience, having served as an Executive Director on the board of Associated British Ports, the UK's leading port operator, for over 12 years, and served alongside MPL director, Peter Jones, during that time. Mr Fitzgerald spent over 18 years in total with Associated British Ports, leading some of the UK's most significant port infrastructure projects developed in recent years, and heading up the Humber Ports, Associated British Port's largest operational division and the UK's busiest port complex. Mr Fitzgerald also recently served as Regional Chairman for the Confederation of British Industry."

[my retirement fund] 25/8/2017 08:26

Its probably enough news to attract enough excitement to make the share easily double or quadruple from here though. Therefore I've taken a punt.

[phowdo] 25/8/2017 08:25

One does wonder why the existing NEDs have decided to move on just as the company is turning the corner. Suggests to me there is something we're not yet privy to...

[pj 1] 25/8/2017 08:23

Its probably a shell with no turnover?

[fft] 25/8/2017 08:22

Does anyone know the name of the Indian company ? Why is it so secretive ?

[pj 1] 25/8/2017 08:21

Still. A fact is it's +33% as I type. Over 800k shares traded all ready. Excellent news for those who want to bail out

[my retirement fund] 25/8/2017 08:21

Actually the are claiming its a contract

[pj 1] 25/8/2017 08:20

Exactly. Imagine the effect if the 2 NEDS had resigned in isolation

[pj 1] 25/8/2017 08:14

Certainly 'sounds' extremely Positive. Was it prompted by the resignation of the 2 NED's, and Overkill steps in?