Mercantile Ports & Logis... Share Discussion Threads

[danmart2] 19/9/2021 13:11

Ashleyjv - they have done you a favour.

Predictions for this share by December 31st?

Under 20p possible?

[ashleyjv] 18/9/2021 08:39

Just downloaded my portfolio and noticed that the Buy button for MPL has been removed

[ashleyjv] 15/9/2021 16:02

That's brutal!

[mount teide] 15/9/2021 15:37

That 60,000 shareholding sold today for £21k would have cost £15 million at the 2010 London IPO!

[phowdo] 15/9/2021 14:02

If the brown envelopes are sufficiently stuffed then IIs dont give 2 hoots what they do with clients money.

[mount teide] 15/9/2021 09:29

22% down in the three weeks since the Placing and Primary Bid Offer - will the fools laughably masquerading as Institutional Investors ever learn?

[mount teide] 14/9/2021 14:05

£18m - Market Cap

circa £200m - Carrying value of the 'asset' in the accounts

circa £90m - Of debt and interest payments outstanding


You could go on tour with material like that !

[danmart2] 01/9/2021 12:32

They got the full funding from primary bid , insanity

[danmart2] 27/8/2021 22:43

Imagine being sucked in by the latest rise on Primary Bid and sinking your money into MPL ?

I have full sympathy with the early investors, even the mid term investors.
But anyone investing here since mid 2019 and especially anyone buying into the latest primary bid raise must have plenty of spare money they can afford to lose.

[mount teide] 27/8/2021 14:48

200,000 shares bought at the 2010 London IPO cost £500,000.

After 11 years of total mismanagement including fraud by false representation on an industrial scale, the same shareholding changed hands today for the grand sum of £871 less trading fees.

AIOHO/DYOR

[danmart2] 21/8/2021 12:53

Is anyone with primary bid access able to provide an update on how much they have managed to raise?

When is the closing date of the latest raise?

[my retirement fund] 20/8/2021 22:47

I would imagine DVI gave up the investing scene years ago when he came to his senses realising he was just a very ignorant and nieve fool. I should imagine the closest he comes to investing these days is a modest holding of premium bonds. Poor old sod!

[dave4545] 20/8/2021 19:13

PJ1

No posts since mid 2017

[dave4545] 20/8/2021 19:10

Do you ever think if you still have the energy to quit shares and just find a clump of land near water and set up a port or pretend to build one for 10 years, float it on Aim and milk it for next 20-30 years and pay yourself a fortune living in luxury.

It's clear Aim is not regulated at all now, basically if they can find mugs to provide more money and mugs to pay a premium to placing stock this will never end.

They are no better than Kefi Prem Vast because they are burning way more than them but in larger chunks placed rather than regular placings every 3-6 months

[pj 1] 20/8/2021 15:41

I wonder what DVI thinks of all this? I cant recall a post form him for some considerable time now

[danmart2] 20/8/2021 15:04

I don’t use primary bid, any idea where they are up to with the latest begging bowl raise?

Be amazed if this reaches £4 million target

[danmart2] 20/8/2021 14:57

DO NOT INVEST IN THIS COMPANY

HAZARDOUS TO YOUR FINANCIAL HEALTH

[diku] 20/8/2021 14:20

By now investors will be so fed up they will just say to the BOD take our shares for free...I think that is what the BOD is waiting for....

[mount teide] 20/8/2021 14:06

Ashleyjv .... they can issue all the 'contracts' they want but with barely 3 meters of water available in the 3 mile approach channel this 'port terminal' company with £50m of debt is completely uninvestible as it can only attract ultra low value dry bulk type cargoes brought in on barges and small coasters.

The port handling rates this type of cargo attracts would not come even close to covering the interest payments on the debt even with the development of the entire circa 100 acres of land reclaimed to date - most of which remains undeveloped.

AIOHO/DYOR

[ashleyjv] 20/8/2021 12:47

My guess and it is a guess is that they will release news of new contracts over the next few days.