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Share Name Share Symbol Market Type Share ISIN Share Description
Mila Resources Plc LSE:MILA London Ordinary Share GB00BD4FCK53 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2.60 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -1.1 - 1

Mila Resources Share Discussion Threads

Showing 176 to 198 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
29/10/2019
19:33
Well, u gotta hope that their activities for finding a deal will bear fruit. Meantime, it remains under valued compare pd tonits cash assets .
lazygun
29/10/2019
18:53
Lazygun, Looks like that sell price drop last week after your buys was just market maker games, to try to trigger sales. Games that didn't work. There have been ten trades since then: 9 buys, and one sell - the sell being just £325 (for 1.43p). They must be just about out of stock. Any good news from MILA and things could get very interesting, especially from this lowly market cap.
hedgehog 100
29/10/2019
16:32
MILA is a main market investment shell, valued at just £365K. at its current share price of 1.575p, and with £573K. of cash at the interim period end (interim results 29.3.19). The renowned shell Concha (CHA) 40-bagged in 2014, to a market cap. of over £100M. at its peak. CHA had disappointed in 2013, like MILA has to date, but then recovered very strongly. And there are some similarities to CHA's position in early 2014 with MILA's now.
hedgehog 100
29/10/2019
15:50
Time to buy apparently
farnham
22/10/2019
10:53
I’ve now got just under 3% of this stock. Last 2 trades were mine, and they drop the sell price... Interesting... a bigger sell in the wings perhaps? L.
lazygun
14/9/2019
15:31
Thanks Cudmore. As it's five and a half months since the interim results, we could well be due a MILA update on progress towards a RTO. 29th Mar 2019 7:00 am RNS Mila Resources Plc - Interim Results " ... We recently mutually terminated a proposed reverse takeover of Capital Metals Limited, however we continue to see a strong flow of potential Acquisition opportunities. The Board of Directors, together with the Company's advisers, are constantly evaluating these opportunities to ensure that we secure and execute the right transaction. I look forward to reporting our progress to you over the coming the months. ... " https://uk.advfn.com/stock-market/london/mila-resources-MILA/share-news/Mila-Resources-PLC-Interim-Results/79578139 This is a main market investment shell, valued at just £383K. at its current share price of 1.65p, and with £573K. of cash at the interim period end (interim results 29.3.19). Any hint of a deal could see an even stronger rerating back upwards. Warren Buffett: "The stock market is a device for transferring money from the impatient to the patient."
hedgehog 100
08/9/2019
14:18
Great post hedgehog. All the doubters will come running for stock when it’s too late. Get in now for the massive gains potential coming here imho.
cudmore
01/9/2019
12:18
Another good example of a large rise at the time of a RTO is 88-bagger MCAP-QPP. QPP (Quindell Portfolio) was a RTO into the shell company Mission Capital (MCAP), which more than 6-bagged because of the RTO: And QPP itself then more than thirteen-bagged (allowing for a fifteen into one consolidation), to a market cap. of over two billion pounds, and eyeing the FTSE 100: HTTP://www.sharesmagazine.co.uk/news/shares/quindell-eyes-ftse-100 So in aggregate, MCAP-QPP was an eighty eight bagger, making it another fine example of shell-RTO 'multibagging a multibagger'. A very fat return: or rather, a 'two fat ladies' return!
hedgehog 100
01/9/2019
11:58
A large rise at the time of a RTO (reverse takeover) of a shell is commonplace, because it is the RTO which adds the real value to a shell. Which is why the best time to buy such a share is often shortly before a RTO, or at least shortly afterwards, as the timing of the former can be difficult to determine. A good example is 65-bagger ROE-MAR. From the RTO of Roeford Properties (ROE) by housebuilder Mar City (MAR) in late 2010. ROE: from the mid 2010 low of 0.235p (equivalent to 2.35p, post-consolidation) rose to 2p in late 2010 (equivalent to 20p, post-consolidation): 8.51-bagger Notice the huge rise at the time of the RTO. MAR: rose from 20p in late 2010 to 154p in spring 2014: 7.7-bagger = A combined 65.53 bagger.
hedgehog 100
01/9/2019
11:15
Computercoders, The last interim loss was £104.65K., but in March this year the number of directors was reduced from three to two, which will save money. Like all shells, this is speculative, because you can't be certain of what you're going to get. But at least here the valuation is very low, which magnifies the upside in the event of a deal. The stockmarket listing itself has a significant value, and MILA should currently be worth far more to an unlisted company wishing to float than its current market cap. of just £359.6K. (at 1.55p). Valuation is a key shell criteria for me, and another is the chance of a deal in the near-term. A near-term deal here looks to be very possible, though obviously there are no guarantees. 29/03/2019 07:00 UK Regulatory (RNS & others) Mila Resources PLC Interim Results " ... Financial Review For the half year to 31 December 2018, the Company reports a net loss of GBP104,650 (2017: GBP124,732). During the six-month period to 31 December 2018, the Company continued its strict financial discipline, incurring a net operating cash outflow of GBP128,350 (GBP2017: GBP120,645). The Company held cash at 31 December 2018 of GBP573,200 (2017: GBP811,389) ..." https://uk.advfn.com/stock-market/london/mila-resources-MILA/share-news/Mila-Resources-PLC-Interim-Results/79578139 19/03/2019 17:15 UK Regulatory (RNS & others) Mila Resources PLC Capital Metals Transaction Update & Board Changes " ... Following the termination of talks with CML, Mr George Donne and Mr Anthony Eastman, both Executive Directors of Mila Resources, have informed the Company of their intention to step down from the Board with immediate effect. The Company would like to thank them for their hard work since the establishment of Mila Resources in 2015. A search for a replacement has commenced and a further announcement will be made in due course. Mila Resources maintains a healthy cash position and has agreed for certain due diligence costs, incurred during the intended transaction with CML, to be reimbursed by CML upon a listing of CML. The Company will now look for a new transaction with the intention of identifying a suitable opportunity in the near term. The Company would like to thank shareholders for their patience and looks forward to updating them in due course upon the identification of a suitable transaction." https://uk.advfn.com/stock-market/london/mila-resources-MILA/share-news/Mila-Resources-PLC-Capital-Metals-Transaction-Upda/79505203 26/03/2019 16:45 UK Regulatory (RNS & others) Mila Resources PLC Board Appointment "Mila Resources plc, the London Stock Exchange listed investment company, is pleased to announce that Mr. Lee Daniels has joined the Board as a Non-Executive Director with immediate effect. Mr. Daniels is an experienced qualified accountant (Australian Certified Practicing Accountant). He has worked in London over the last two decades and has held senior finance roles with HSBC (Global Markets), Credit Suisse, ABN AMRO (Wholesale Markets) and LTSB(Group) (Distressed Debt Division). He has an established track record in Finance and Accounting, Change Management, Project Evaluation & Financial Modelling. Most recently, in the last few years, he has been working in the Oil and Gas industry for a public E&P company. Commenting on the new appointment, Mark Stephenson, Director, said: "We are delighted to welcome Lee to the Board, his wealth of experience will be invaluable in helping to identify and execute a suitable investment." ..." https://uk.advfn.com/stock-market/london/mila-resources-MILA/share-news/Mila-Resources-PLC-Board-Appointment/79554043
hedgehog 100
01/9/2019
08:58
What's cash burn rate? Can we work out cash over last few periods to calculate?
computercoders
01/9/2019
08:21
Thank you Hedgehog
computercoders
31/8/2019
11:35
"So these are due to be suspended are thry if they don't find a company to reverse into?" Computercoders, MILA won't reverse in anything, because it is the shell: it is looking for an unlisted company that can reverse into MILA. And one of the advantages of MILA's main-market listing, as opposed to being on AIM, is that it can't be suspended or delisted for failing to complete a RTO in time. In contrast, AIM shells are subject to much stricter rules, (especially those that have not raised the minimum £6M. required to qualify as an "investing company"), which can result in them being suspended and then delisted if they don't complete a RTO in time (just 6 months & 12 months respectively).
hedgehog 100
30/8/2019
19:12
So these are due to be suspended are thry if they don't find a company to reverse into?
computercoders
29/8/2019
19:17
21-Aug-19 10:19:30 2.20 1,175,712 Buy* 1.50 1.80 25.87k 27-Aug-19 08:34:12 2.40 -1,173,712 Buy* 1.50 1.90 -28.17k Computercoders, The shares concerned were held for under three trading days, which isn't long. But this episode does show how tightly this stock is held, and how quickly it can move. In my opinion the biggest gains here are still to come, and the recent rise to nearly 3p intraday is a precursor to that. The similarities here to MMO near its low are striking. And incidentally, I tipped MMO at 1.875p, on my RTO thread, and within barely a year it had 25-bagged to nearly 50p. - Hedgehog 100 8 Dec '15 - 19:44 - 745 of 940 Edit "A memo that MMO is looking oversold: valued at under a third of a million pounds, barely half of MMO's last reported cash: Mercom Oil Sands (MMO) 1.875p market cap. £0.32M. ... " https://uk.advfn.com/cmn/fbb/thread.php3?id=31587598&from=745
hedgehog 100
29/8/2019
18:26
So what's the conclusion to this attempted pump and dump? Someone bought £25k then sold a few days later for a trade? Everyone assumed tr1 coming..no tr1 required because it's bought and sold pretty quickly?
computercoders
29/8/2019
13:46
Thanks for the correction gents: 2.4p is of course 20% higher than 2p, not 40% higher. (I've amended my above post to avoid confusion.) Well done dplewis & computercoders. (I was wondering who would be the first to spot the error!)
hedgehog 100
29/8/2019
07:27
I do worry about some of you sometimes :S
computercoders
29/8/2019
07:27
20% higher
computercoders
29/8/2019
07:16
2.4p is 40% higher than 2p..??
dplewis1
28/8/2019
18:55
I wouldn't call 2.4p just over 2p: it's 40% of the way to 3p. The buyer bought for 2.2p, and sold for 2.4p: on 1,175,712 shares that's a profit before costs of £2.35K. in a week. Well done I say on a successful trade. So successful in fact that they may well be back for a second go! The market cap. at 1.8p is £417K., with strong cash backing, and news likely to be imminent.
hedgehog 100
28/8/2019
17:26
So the buy that caused the pump and dump sold for just over 0.2p..timber
dave4545
28/8/2019
15:58
As it's five months tomorrow since the interim results, we could well be due a MILA update on progress towards a RTO. 29/03/2019 07:00 UK Regulatory (RNS & others) Mila Resources PLC Interim Results " ... We recently mutually terminated a proposed reverse takeover of Capital Metals Limited, however we continue to see a strong flow of potential Acquisition opportunities. The Board of Directors, together with the Company's advisers, are constantly evaluating these opportunities to ensure that we secure and execute the right transaction. I look forward to reporting our progress to you over the coming the months. ... " http://uk.advfn.com/stock-market/london/mila-resources-MILA/share-news/Mila-Resources-PLC-Interim-Results/79578139 This is a main market investment shell, valued at just £417K. at its current share price of 1.8p, and with £573K. of cash at the interim period end (interim results 29.3.19). Any hint of a deal could see an even stronger rerating back upwards.
hedgehog 100
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