Parkmead Share Discussion Threads

[fhmktg] 27/2/2019 08:03

Oh..and the power plant is worth a further £350 million....

[fhmktg] 27/2/2019 08:02

Ineos to invest £500 million upgrading the Forties pipeline and a new energy plant for the Grangemouth chemicals plant.I hope Tom is on his Christmas card list....or even more involved in this vital plan for Scottish industry.

[robs12] 26/2/2019 18:44

This a long, old (2013), and very detailed research note about mainly Perth - well worth a read if you want to understand where they have come from, what they have, and that essentially the GPA plan is unchanged.
Remember that there have been many changes since 2013 (e.g. Pharos is gone, Athena shut in, fundraising, but very importantly in increasing the GPA acreage) and a huge decrease in the oil price and share price of course...

I assume much of the detail came from PMG themselves (don't think you'll find it elsewhere) - and it is still linked to on their website, but they stopped broadcasting the details some time ago. Well worth a read:

hxxps://www.parkmeadgroup.com/uploaded/research/Charles_Stanley_Research_21.10.2013.pdf

[fardels bear] 25/2/2019 13:52

I try not to think too much. I have too many PMG, too few RRE and I'm Tring to give up worrying on this one. It'll do what it does.

[fhmktg] 25/2/2019 12:38

There was an article about supertankers travelling to the Teaxas ports with water ballast because of a shortage of heavy crude from the Gulf and Venezuela- the Texas refineries are set up to need a proportion of heavy sulphur crudes for best efficiency. Could be a clincher for GPA at last.

[fhmktg] 25/2/2019 12:35

Just what I needed on a Monday, bear.With the GPA scheme with Nexen being on the go for nearly 12 months, do you reckon we might hear with the results in March or do you think there is something bigger under consideration along the lines of a scheme for all the Outer Moray fields.

[fardels bear] 25/2/2019 10:29

Oh, I shouldn't worry. The deal Tom is working on will be MUCH bigger than anything you've seen so far. Put your patient head on..

[itscominghome] 25/2/2019 10:20

All these deals in the North Sea and not a whiff of anything involving PMG ... they just continue to drift.

[fardels bear] 21/2/2019 23:22

Yes, that'll be the one.. Thanks.

[andysarah] 21/2/2019 22:13

Fardels Bear Your buy at 14.28 went through NEX 18100?
Good year ahead for PMG.

[tournesol] 21/2/2019 19:04

Fanshaw

what are you on about?

I wasn't the least bit rude to FHM. I certanily did not jump on him. I expressed my disagreement in a perfectly civil manner and explained my reasoning. He responded in a civil and friendly manner.

Neither FHM nor I are snowlflakes. I do not think he needs you to protect him from friendly and civill debate.

[fardels bear] 21/2/2019 18:08

The 50620 at 14.27 showing as a sell is one of my buys this afternoon.. My other buy about 18000 at 14.28 still isn't showing at all.

[fardels bear] 21/2/2019 17:27

Bought some more today. If no luck I might have to camp in the Castle Grounds.

[fanshaw] 21/2/2019 11:15

tournsol

I cannot understand why you feel the need to jump on any poster if they have
a different point of you of what is happening in the company, if I was fhmtg
I would certainly not apologise you are only shareholder the same as he is probably.

[itscominghome] 21/2/2019 10:53

Great effort from Arden Partners. Since they won brokership they've not traded a single share and the price is down 10% - brilliant effort guys

[fhmktg] 21/2/2019 00:13

Live well and prosper!

[tournesol] 20/2/2019 18:22

fhm

I too did well out of Dana - ultimately making some 25x my money - over a long long period. My base return was boosted by one or two exits and re-entries at inflexion points that were identifiable as such (as distinct from the many other inflexion points that were not identifiable. Least not by me.)

For most of the many years I held them they just drifted sideways, just like PMG is doing. But I had confidence in the management and in their long term strategy.

It's groundhog day.

I hope.

T

[fardels bear] 20/2/2019 17:40

Tournedos. Hehe..

[fhmktg] 20/2/2019 17:36

Tournedos,You are correct, of course.I should have shown my sense of frustration by including the word 'today'I have been a keen investor since Dana days and made a significant profit from their sale.I am and will remain a committed investor in PMG.

[fardels bear] 20/2/2019 16:16

May 2012..

[fardels bear] 20/2/2019 15:41

I've been here since they bought DEO. How long is that? Seven years?

[tournesol] 20/2/2019 15:34

fhm"steady selling momentum?"what is your evidence for that assertion?I disagree with you. If you look at the chart, the share price has been moving sideways since last July. There is no downwards trend and no selling momentum. PMG, like Dana before it, is a company for long term investors, not short term traders. If Cross's strategy comes to fruition then there will be a big reward. But how long it wil take is anybody's guess. 6 months? 2 years? 5 years?What happens to the share price in the meantime is pretty random. It is tempting to over interpret moves of a few percent here or there but such moves are no more reliable indicators than tea leaves in my opinion. If you are in for the long haul, as I am, then good luck.T

[fardels bear] 20/2/2019 13:44

Well, you can get 7% div on FTSE stocks. We have flying pie.. Thursday Preserve...