Metalrax Group Share Discussion Threads

[rampant debra] 04/10/2010 10:02

lots of action today

[rampant debra] 30/9/2010 18:08

yeah ive been in these for about a year. topped up again after the director buys. i see them as a similar recovery play to real good food. wont happen overnight. but will recover nicely.

[pwmiles] 30/9/2010 17:56

I've heard of these, they cruel say
To start a small Eng'neering co.
- it sounds like bussies Optimae -
Start with a large one. Now I'll go

P.

[cockneyrebel] 30/9/2010 17:50

I certainly am :-)

Been waiting for these to come good.

I held Torday & Carlisle - they were run by James Leek. I bought at 17p in 04. They became E.Wood and got taken over @ 317p in 07. A near 20 bagger in 4 years.

Leek knows the potential here - it just needs releasing. Was in these a couple of years ago but they hit the recession just as they looked like they could turn it around - it will happen imo, just a matter of when. But with the directors taking 7% of the co they now have a a lot of skin in th game - they held no share prior to this buy bar Richardson who had a miserley 100K.

Having your own cash in the company helps concentrate the mind imo.

CR

[rampant debra] 29/9/2010 18:56

thanks imatsu. very interesting.

[omerta] 29/9/2010 18:49

me 2 ....perhaps nobody else got a look in .... hope so!!

[cockneyrebel] 29/9/2010 18:20

such a nasty share the directors are prepared to buy about 7% of the company.

I think I'd have had some if I knew what the directors know.

CR

[omerta] 29/9/2010 18:07

Doubt anyone would want them.... still at least the Board see some hope over time

[cockneyrebel] 29/9/2010 17:31

So the directors an Leek got them off the Liquidator?

Nice - amazing that ERF never tried to place them in the market and do better.

CR

[imastu pidgitaswell] 29/9/2010 16:27

"European Renaissance Fund Ltd, in voluntary liquidation"

Odd example of renaissance...

:-)

[omerta] 29/9/2010 15:55

.............so now we know where the Stock came from

[rampant debra] 29/9/2010 13:34

i hope we get some news before march

[knowing] 26/9/2010 22:26

diku I had some at 4.5

NY B sold have letting the rest ride but if it dips again I will add further.

[diku] 26/9/2010 19:28

Did any PI's manage to buy at 4p?...if not how do the insiders manage to buy various amounts at 4p but not PI's?...

[omerta] 26/9/2010 19:20

...well they haven't bought them for an early return to the diidend list....that's for sure!!

[rampant debra] 26/9/2010 18:29

i would not be surprised if we got some positive news on this soon. directors dont buy at that amount if things are not on the up. debs.

[ny boy] 26/9/2010 00:53

Knowing, you still in or sold out?

[omerta] 24/9/2010 17:13

Well these boys seem to believe they can do where others have failed..... and AT LAST they are backing themselves with money.
No longer a DOG but an interesting situation.

Keep buying 'em Harley.!!

[cockneyrebel] 24/9/2010 16:51

Jimmy Leek's bought a load more - RNS just out.

obviously not a Person Discharging Managerial Duty now too.

Added 1m by the look of it.

CR

[omerta] 24/9/2010 11:37

we've just had figures ..............March

[rampant debra] 23/9/2010 19:09

when are they likely to report next?

[cockneyrebel] 23/9/2010 14:23

Picked up a few more.

CR

[rampant debra] 23/9/2010 07:42

i am in since 5 pence. good to see the directors have faith. read over the interims again last night. a good proportion of the businesses mrx own are now turning profitable.

[electronica] 23/9/2010 07:23

omerta

Me.