Mercantile Ports & Logis... Share Discussion Threads

[someuwin] 03/9/2019 09:51

MT - do you see this ever becoming investable? maybe with a change of management?

[escapetohome] 03/9/2019 09:10

Market cap, way too high here.

[escapetohome] 03/9/2019 09:09

Down again. All time low.

[diku] 01/9/2019 23:00

Time to cook up another scheme...

[mount teide] 28/8/2019 16:10

Bid/Ask - 1.30p v 1.55p

The 'Board' must be beaming with pride at the job they have done for shareholders who paid 250p at IPO !

[mount teide] 28/8/2019 15:48

The Shysters sorry 'Board' said they would keep the market regularly updated with Port construction progress reports and photographs - some might argue one set of very carefully selected photographs in TWO years is not what most would argue as 'regular'!

[mount teide] 28/8/2019 13:13

The Status Quo share "Down Down Deeper and Down!"

That 123,000 transaction today raised £1800 - hopefully the seller did not pay £307,000 at the IPO for it!

The poor sod who sold 2,300 raised £25 after trading fees!

Don't say you weren't warned!

The Sheriff of AIM, his posse and the Taj Mahal's white gloved butler's have been urging extreme caution and to not trust or touch this management with a bargepole for many years!

How right we were!

If only the II's had listened to us rather than the two self serving NED's who have since slipped quietly away with £400k a piece in their offshore bank accounts - their 'work' now done!

[diku] 27/7/2019 10:31

Maybe ADVFN was barred from the news...

This has a Bollywood movie written all over it...the same guys will sell their stories for a fee...

[diku] 27/7/2019 10:30

Fund Manager need to be renamed to Fund Damager!...

[mount teide] 24/7/2019 10:47

Further to an earlier post the Prelims actually came out on 11th June - for some reason the Advfn news feed failed to update with this information .

[phowdo] 24/7/2019 07:27

Lol!

Meanwhile the nomad, broker and auditor continue to bank the fees whilst the jobsworths at the FCA look on but couldnt care less as they play tiddleywinks and count down the days til they draw their gold-plated pensions.

[escapetohome] 24/7/2019 06:23

This fund manager who you tried to warn and bought all these ‘cheap’ mpl shares must seriously be questioning their sanity.

The share price is now lower than when they bought, and the above link is not encouraging.

Despite all the warnings they bought mpl shares.

[waterloo01] 24/7/2019 06:14

Great find. Remarkable really and quite right to treat all the cash that they have raised as income, given it's been pilfered and spent on a port that is yet to be commissioned.

Dated 20 March so the company has decided to hide this from shareholders.

[mount teide] 23/7/2019 22:42

Well, well - Mercantile(Karanja Logistics and Terminals) in Court for multi year Tax Evasion !

[mount teide] 23/7/2019 22:29

Just 5 months away from a new decade and the market is still waiting for MPL's 2018 Preliminary Results.

No surprise then that a new all time low share price of 1.6p has been hit - 99.6% down from the IPO.

Someone paid £25,000 for the 10,000 share transaction that went through today that raised just £160 before expenses.

[mount teide] 12/7/2019 08:28

Seven months after year end - the 'management' is yet to publish the Preliminary Results for 2018:

Previous Preliminary Results Publication Dates:

20th May - 2015
16th June - 2016
13th June - 2017
29th June - 2018

12th July 2019 - Market still awaiting results and an update as to how many ships/barges have been handled since the farcical 'Bollywoood' stage managed single barge cargo was discharged to road trailer to coincide with the Port 'Inauguration Ceremony' !

[diku] 07/7/2019 21:07

What chance eventually it is turned into a Bollywood site...

[diku] 03/7/2019 21:54

15 inches is a lot of rain in 12 hours...

Talking of fresh fish best outcome is to turn the port into fishy port for fisherman...

[diku] 03/7/2019 21:45

escapetohome...thanks for the insight into white gloved butler...would like to meet this butler and look him in the eye!...assuming its a he not she...

[escapetohome] 03/7/2019 21:28

Dont worry just call on the white gloved butler.

He can solve it.

He has the power.

[mount teide] 03/7/2019 21:26

The Port Inauguration ceremony and stage managed discharge of a small barge direct to road trailer was carried out in early March, yet according to Rosham Thapa a local guide some two months later he posted on Google:

"Port is still not operational. Although you can still get some fresh fish from the local fishermen"

[mount teide] 03/7/2019 21:07

Heaviest monsoon for over a decade hits Mumbai and its surrounding hinterland is at a standstill because of flooding after as much as 400mm (15 inches) of rain fell in 12 hours causing rail lines to close and flights to be diverted.

Wonder how the 'all weather port' with NO all weather protection is getting on?

The Ex CEO and now highly paid consultant cannot say he was not warned about misleading the market by making such an outrageous claim!

Not that it's likely to concern him now after being arrested by the FBI and charged in connection with carrying out an alleged $300 million securities fraud in the US, who put convicted fraudsters in prison for up to 20 years for such offences.

[escapetohome] 03/7/2019 07:33

The white gloved butler grew up in the slums of Mumbai. But he rose from this early disadvantage. His role is as a concierge and He can get you anything or arrange just about anything having connections in both the underworld and amongst high ranking officials / politicians.

He is sought after for his connections , but is a whheeler dealer who is profiting from insider information , i am informed.