Mercantile Ports & Logis... Share Discussion Threads

[aimbagger] 09/6/2020 13:55

Had a punt at 0.3p

[alexios1201] 09/6/2020 13:53

Of course he is ha

[wasserman] 09/6/2020 13:48

OLD PUNTER
SHOULD I BUY ?

[mcrudden] 09/6/2020 13:32

Dave does likes a punt you should see him ramping on the mtph thread. I bet he's secretly in already

[alexios1201] 09/6/2020 13:24

Join in for a bounce Dave don't be shy.You know full well these bounces from all time lows are fast

[dave4545] 09/6/2020 12:53

before you all ask

twitter....

[mount teide] 09/6/2020 12:51

33 million traded today.........raised £1m after expenses.

That holding would have cost $82.5m at IPO!

[escapetohome] 03/6/2020 17:00

And another new all time low.

Are there any left to sell?

[mount teide] 03/6/2020 16:43

5 million sell at 0.35p - 99.86% down from the London IPO!

How to turn £12.5m into 17.5k in ten years..........leave it to these shysters to manage!

They cannot say they weren't repeatedly warned !

Once again the monsoon season is about to hit or management's eleventh sixth month, fully expensed annual holiday as it is more commonly known to shareholders!!

[my retirement fund] 02/6/2020 18:42

Yea, apparently so. They've got a whole floor "each" at the Grand Chola Sheraton. Book under "Travel and accommodation expensess so luckily it won't effect their salaries!

[diku] 02/6/2020 18:28

And are they all self isolating?...

[my retirement fund] 02/6/2020 12:45

I guess the build was going really well but has all been put behind by covid ?

[escapetohome] 02/6/2020 12:39

All time low!

Only one direction .

Those institutions who bought in must be questioning their sanity.

[diku] 22/4/2020 10:19

But you getting a discount of 50% from 1p... they only asking 0.45p...hope that white gloved butler is in good health...

[escapetohome] 05/4/2020 23:23

The ‘DOWN from IPO’ percent fall has very little left to fall. 0.2 % to be precise . Thats all.

Im trying very hard to look on the bright side.

But the hardened gambler that i am , i would not risk a single penny here.

These people do not deserve my money. Not even 1p.

[mount teide] 05/4/2020 10:34

99.8% DOWN from IPO
99.4% DOWN since securing a £50m Bank Drawdown Facility(60% used - now stopped)
96.0% DOWN from £37m Institutional Placing - (THEY WERE WARNED IN STRONGEST TERMS!)
80.0% DOWN from $33m Institutional Placing - (DO THEY NEVER LEARN - CLUELESS!)

Bank debt now nearly 4 times market cap and barely equivalent to the most optimistic market value of the 'assets' over which the banks hold a lien!

[escapetohome] 03/4/2020 15:39

Even brave hardened punters will not take a gamble on this one.

Leave it to respectful city institutions.

[mount teide] 03/4/2020 14:46

Now down 99.8% post IPO - after raising nearly £150m from clueless city institutions and £50m via a bank drawdown facility. And yet, still to generate and report any meaningful revenue from the 10% of the facility developed to date for operational use!

The banks have a lien over the assets and sensibly stopped the drawdown at £30m, the most optimistic valuation of the assets.

[pj 1] 02/4/2020 20:38

I recall years ago a poster here claiming he/she had been to visit and that the only security was to prevent anyone taking photographs. Probably still the same...

[diku] 02/4/2020 19:53

What security?...man with a long stick?...

[escapetohome] 01/4/2020 11:55

Haa haa haa, so funny Waterloo01

This company has such foresight indeed.

[waterloo01] 01/4/2020 10:51

lol. "In accordance with the Government's direction, the Company has ceased activity at its site at Karanja, although security remains in place to protect the Facility"

What they should have said that as the company foresaw the Covid crisis it stopped work a couple of years in advance.

[escapetohome] 30/3/2020 17:11

The White Gloved Butler has asked me to publish the following…:

“” ਅਾਪ;ਣੇ ਘਰ ਬੈਠ;ੇ ਰਹੋ;
A̔āpȧ1;ē ghara baiṭhē rahō”R21;

Which means Stay at home folks.

That is his message to you all.

The wdb is a passionate follower of the Royal Family , he has recently been speaking with Prince Charles sending his condolences over the covid outbreak. The Prince praised the wgb over his help during these difficult times.

Birdey num num.

[diku] 27/3/2020 20:10

Soon this will trade below zero...

Any news on the white gloved butler...with the lock down he still got the job...

[escapetohome] 27/3/2020 19:30

100% concur.

8m overvalued.

Huge cash raise expected.