Mg Capital Share Discussion Threads

[stued] 10/1/2004 17:06

me too - difficult to find out much about this company outside reading the info in the results!

[captainspock] 10/1/2004 02:01

Yes, still holding, but never thought it would be this quiet for so long after I bought in !!!!!!!

[stued] 09/1/2004 11:01

Anybody still holding?

[stued] 28/12/2003 21:38

Reduced losses but I doubt this was what people were hoping for on this BB?

"It is our intention to raise further equity in the near future to support the future strategy of the group."

Does this mean a share dilution?

[robert_gammon2001] 23/12/2003 11:07

CST- will take off early in the new year...here are some interesting facts.


I leave you with the most recent news release from the board of CST:

LONDON (AFX) - Constellation Corporation PLC turned around to a pretax
profit of 56,000 stg for the first half to June 30 2003 from a loss of 586,000
stg a year earlier.
It said it is hopeful of continuing to generate profits, albeit small, for
the remainder of this financial year.
Turnover for the half year was 690,000 stg, up from 578,000 which includes
273,000 stg relating to discontinued activities. "This is a significant
achievement given the continuing difficulties faced by our sector," the board
said.
It said the company is continuing to explore ways to secure its income
stream and is seeking to enter into longer term 'retainer' contracts with
certain clients to provide such security, having already secured a retainer
agreement with a leading FTSE 100 company.
[e-mail]
slm/

[tobyjug] 23/12/2003 08:44

Any comment re results?

[captainspock] 13/12/2003 03:01

Well no news yet on results, but cannot be far off now- couple of weeks max I would expect.

Look out for some decent pre-results buying IMHO.

[small prophet] 09/12/2003 08:24

Echo that sentiment Captain.

Suggest not profit this period, expect some interesting developements though...

The SP

[captainspock] 08/12/2003 17:37

terry91....

Annual report due on or around 12th December & next results due on or around 19th December, but no dates announced yet.

Last results indicated MAP possibly moving back into profit soon, if not on the results due this month, certainly by first set of results next year, IMHO.

Overall a very good chance of a decent run up to forthcoming results, in any case.

[terry91] 08/12/2003 16:11

anything due in this one guys?

[small prophet] 08/12/2003 08:57

Didnt happen Double6 but dont worry, little stock like this doesnt need much of a push and whoosh its off!

The SP

[small prophet] 05/12/2003 13:50

Good research pylon, (Think you will be pleasantly surprised though....)

I see we have company now too.

Impressive rise so far, much more to come imho

The SP

[double6] 05/12/2003 13:34

Another tick up - would expect spread to narrow again with next buy - 0.7/0.8 by end of day ??

[opthalmist] 05/12/2003 13:29

ZYZ rise still to come. Hint: Who bought 20Million shares a few days ago.

[double6] 05/12/2003 13:27

Opt - missed ZYZ - got some KWI and MAP...

[akramms] 05/12/2003 13:27

LOOKS LIKE THEY MAY DOUBLE AGAIN LIKE THEY DID A FEW MONTHS BACK!

[jmillskeel] 05/12/2003 13:26

whats going on here ?

[opthalmist] 05/12/2003 13:26

Get any ZYZ today?

[double6] 05/12/2003 13:25

Just bought 100k @ 0.635p....

[pylon] 05/12/2003 09:16

On 14th November 2003, NOIT (New Opportunities IT) made an announcement that it was going to terminate the management agreement that it had with MG Capital's subsidiary, NSL. The extract is as follows:

"As part of the proposals, the management services agreement entered into between NOIT and NOIT Services Limited ("NSL") at the time of the Company's launch in 2002 will be terminated."

That agreement provides that 3% of the NAV of New Opportunities IT should be paid in the event of termination.

This means that MG Capital is due to announce the receipt of almost £1 million for the early termination of their agreement with NOI.

In addition, I'm sure there are other new contracts that will be announced which were alluded to in earlier statements made by MAP.

The share price is undervalued, and the information is already out.

[small prophet] 05/12/2003 09:04

Not on my screen pylon, More to come........