Molecular Energies Share Discussion Threads

[piperpeter] 04/3/2024 08:28

Very informative Green House Capital Plc IPO Presentation.

Pp.

[all in eol] 04/3/2024 08:27

I do think it will go up from here. Online sell limits are amazing right now which bodes well.

[officerdigby] 04/3/2024 08:25

So you think it will go up a bit?Not sure the PL interview for me was like a threat..: if market dont value this....I will take my toys away!..

[all in eol] 04/3/2024 08:15

Averaged down some more this morning. So far so good on my plan.

[rizzzla] 04/3/2024 08:01

Until any details of how the 75% is distributed……………

[piperpeter] 03/3/2024 21:38

Currently MEN's market cap is GBP 2.35 million (19p x 12,378,197 shares in issue).

Currently ATOM's market cap is GBP 20.42 million (46.5p x 43,923,186 shares in issue).

Which means MEN's 18.8% shareholding in ATOM is valued at GBP 3.84 million.

So MEN's shareholding in ATOM is valued at 63% more than MEN's own market cap.


Which means everything else in MEN's portfolio is valued at minus GBP 1.49 million!


Think about it; that minus GBP 1.49 million consists of....

Aton 6 Plc - currently valued at minus zero.
Dual Fuel Limited - currently valued at minus zero.
Hyso Limited - currently valued at minus zero.
G mobility Limited - currently valued at minus zero.
Molecular Aviation Limited - currently valued at minus zero.
Pirity concession - currently valued at minus zero.
Cash - currently valued at minus zero.
Monies owed to MEN and incoming from former Argentine asset (up to US$40 million) - currently valued at minus zero.

Pp.

[chopper harris1] 02/3/2024 10:07

Hello Brasso. Thanks for working that out for me. Just a shame that I got back in when I did. The proceeds from the ATOME freebies have slightly watered-down my current losses with this shambolic outfit. Some of us never learn!

Well done on sticking to your guns over the years on the PPC/MEN threads and providing one of the few sceptical/realistic voices.

[rizzzla] 02/3/2024 10:01

So true masergt sold 1/2 around that time to balance up with the free atome shares
Same again when they sold of Argentine assets and left it with just a 20% holding of atome 4m mcap is about correct PRE GHC
Atome I’m comfortable with


They owe what their owed
Anyway bought them all back yesterday for a little bit of da ja

[brasso3] 02/3/2024 07:41

Chopper

Nice to see you are still around.

You got out at 5p which is 1000p in new money. You saved yourself from a further 99.5% destruction in your wealth so well done.

[chopsy] 02/3/2024 07:16

Thank you all for wise words. I was considering an initial investment if the well was a duster, but I've changed my mind. Avoid.

[masergt] 01/3/2024 21:29

AiE. The real exit opportunity was on the announcement of the name change and share consolidation, both of which invariably signal a serious downturn in corporate health. I believe the equivalent share price at the time was somewhere around £2.50p.

What price are you looking for at the next exit opportunity?

[all in eol] 01/3/2024 19:10

Oh and for the record MEN and one other Aim stock are the only longs I hold. I now trade only so once they’re done that’s the end of being left holding the baby.

[all in eol] 01/3/2024 18:46

The first two were from 29/02 according to LSE trade info.

[all in eol] 01/3/2024 18:43

Late trades
250k at 24p
248,885 at 25p
Time inbetween them and a bit big for a bed and isa or rollie?
Also
85714 at 20 and 20.035 liable to be a bed and ISA?

[all in eol] 01/3/2024 18:32

Still don’t believe the current mcap is correct. Looking forward to the update next week.
As for for past it is what it is, I’ve taken it on the chin and am now looking forward and the exit opportunity coming shortly. It’s all in the RNS and interview what’s going to happen.
My opinion only, I’m sure everyone else will do their own research.

[chris cat] 01/3/2024 17:15

1 Mar '24 - 11:28 - 2481 of 2489
0 0 0
chris cat - is it safe to assume minimal overheads? When combined salaries of directors alone could be a multiple of MEN's current mcap it is important to know what MEN is still on the hook for.

VWAP...My assumption is based on no activity so little O/Hs, All staff working on Argentine projects should have moved over to the private co that bought the assets. Stop Paraguay and we shouldn't need anybody there. That just leaves the people working on GHC etc. which are private companies in their own right so any costs incurred funded by MEN should be repaid at point of IPO?

I'm not naive enough to think it will work like that but it really should under these circumstances

[super y] 01/3/2024 16:42

Truly shocking, pathetic and so COSTLY!!!. Wish I had never heard of Peter Levine nor President Energy

[chris cat] 01/3/2024 16:16

Pecuniary - Apologies if I came across wrongly, I am not absolving PL from blame, he and the board are massively responsible as they have taken all of the decisions that have ultimately lost $268m, my comment was that I believe that he has tried hard (not an excuse) but in the end his and his teams decisions have proven to be almost fatally flawed. Many AIM boards are accused of sitting back and doing nothing, I don't believe that PL is in that camp, but ultimately if you run really hard in the wrong direction you can do more damage. From my point of view, I fell for it all hook line and sinker by averaging down, participating placings etc. Only myself to blame for believing the story.

[pecuniary] 01/3/2024 15:45

Chris Cat-if PL is not ultimately responsible for this painfully slow, expensive (only for shareholders) fall into oblivion, who is?
He doesn’t come across as a shrinking violet so one can only imagine that he has steered this ship straight on to the rocks?
Hopefully there’s some cash distribution and a dividend from the IPO but other than that, what is left here?

[chris cat] 01/3/2024 14:35

As I showed in my figures a few days ago, Capital raised of circa $270m to generate something now worth £2.2m....all the while the BOD have been paid quite handsomely. I honestly don't think we can fault PL's efforts as I genuinely believe that he has tried very hard, but the bottom line is shareholder destruction on a grand scale all whilst collecting around £400k per annum in salary.

[wakeland] 01/3/2024 14:04

In little more than 6 months from 350p to 23p, impressive even by President's standards.