Mercantile Ports & Logis... Share Discussion Threads

[wasserman] 20/7/2020 17:13

BET MR TIEDE DOES NOT AGREE

[natty27] 20/7/2020 16:37

Topped up again, on the bell, to cheap. Easy money, this will double & more, in anticipation of signing off of Karanja...

[natty27] 20/7/2020 14:55

People are starting to cotton on here, 5 mill mcap with 30m cash balance... started generating revenue & about to sign off tawa, blue finish maybe

[laptop15] 20/7/2020 14:48

https://twitter.com/JohnM_AIM/status/1285137444304826368?s=19

[natty27] 20/7/2020 14:16

NT to buy any size now, the herd is coming...

[mount teide] 20/7/2020 11:31

99.9% down post the London IPO - the naivety of some in the investment community never ceases to amaze!

[escapetohome] 20/7/2020 11:30

Its an all time low ?

So if youre a believer, nows the time to buy.

[natty27] 20/7/2020 10:28

This is the buy zone right here... pick them up cheap while it's on no ones radar. I've grabbed a few, as soon as India is out of lockdown this will fly

[spudyoulike] 19/7/2020 19:34

Ok, so the company will be releasing the audited accounts for the period ending 31 December 2019 before the end of July. It will be interesting to see if it has indeed generated any revenue for the contracts signed from RNS's; 25th Aug 2017 - £4.7 million per 1 million tons handled and; 22 Dec 2017 - Indian-Based Stevedoring contract. Both look to be huge contracts that should be generating the company good returns. If true then we should see a pretty decent re-rate on the stock price. If we get a bunch of excuses and no revenue then it could get ugly in the short term. Good Luck all.

[rumobejo] 17/7/2020 13:45

diku, next it

"The Company remains confident of handing over the balance of the 25 acre plot by the end of August. Despite lockdown, negotiations continue with potential end-customers of the facility and the Company is hopeful that further contracts can be announced by the end of the monsoon period in September."

you gotta read the last rns in full...

[diku] 15/7/2020 21:02

What is next on agenda?...name change again or another RI?...

[laptop15] 14/7/2020 17:04

https://twitter.com/TheOutline11/status/1283018449506230274?s=19

[laptop15] 14/7/2020 16:14

https://twitter.com/laptop1515/status/1283056455487193104?s=19

[mount teide] 14/7/2020 11:40

'Short of a few brain cells !!'

Along with the II base who twice supported circa £35m placings at eye-watering discounts to the huge IPO positions they took out at 250p for what is a real estate project.

Rum.....if you've got money to burn, use £10k productively by employing a Marine Civil Engineering consultant to perform a cost analysis audit on the work completed to date and then compare that figure to the circa £160m carrying value of the 'asset' in the accounts.

People with 40 years professional experience of this industry believe you will likely find a circa £130m difference between the Management's carrying value and the value of the 'asset' completed to date on the open market.

AIMHO/DYOR

[rumobejo] 14/7/2020 11:31

a 3,741,698 buy at 0.295p early on yet monkyes selling at 0.252p

all deserve what they get tbh, they gotta queue up again on next rns

1p

[my retirement fund] 11/7/2020 09:55

Was that a bit harsh?

[my retirement fund] 10/7/2020 16:12

Idiot ! The only person short round this neck of the woods is you. Short of a few brain cells !!

[rumobejo] 10/7/2020 15:10

burn shorts burn

widow go fly

1p

[rumobejo] 10/7/2020 15:09

and why you care so much? are you short? or do you even hold a penny here?

maybe a widow with a grudge of losing money here before

get a life my dear and move on, trading isn't for you and certainly MPL isn't!!!

[escapetohome] 10/7/2020 14:14

So funny!

And where do you think that moratorium cash will end up?

In the company as working capital?

Or in someones pocket?

Thats the question that will help you evaluate the other half of the risk balance.

[diku] 10/7/2020 14:12

Halo...you pinch my punchline?...hilarious though...




This will long remain a port for fishy fishermen, casting their line on the muddy dockside.

[vijay4teli] 10/7/2020 14:12

Mr. Jay , you can't cheat me. So many fake account. Dont Rumobambo

[vijay4teli] 10/7/2020 14:06

Why you guys write such a long reply?All you money is used in promotor kids wedding. You are not going to get single penny back. sorry boys..

[rumobejo] 10/7/2020 14:00

escape-to-hell, here is the other half of the story

"Along with many Indian companies, MPL has benefitted from the current payment moratorium on principal and interest from Indian banks and the Company has been prudent in its management of cash. As at 31 May, the Company had approximately £7.6 million of cash, together with access to an additional approximately £10.3 million under its undrawn bank facilities and has approximately £11 million in advanced payments to its main contractors. As a result, the Company continues to believe that it has sufficient resources to carry it through the COVID-19 crisis and beyond."