Watermark Global Share Discussion Threads

[theuniversal] 14/10/2012 12:38

good links guys.

[reutersman] 14/10/2012 12:37

minecap,great find on the MRI presentation :-) have not seen that before and
think its a great insight on both MRI and watermark.Figures and timelines on
the coal project look rather interesting and best of all its in play now.

I would not be suprised if MRI put an update out on that this week.

[cufes2] 14/10/2012 12:33

That's due to a one off gain . . . it's making a loss from its CONTINUING operations according to the accounts . . .

[reddevon] 14/10/2012 12:29

Allesandro

WET is currently a profit making investment company.


Profit after tax to 30 June 2012 was £2,716,000 (2011 loss: £620,000), earnings per
share of 0.17p (2011 loss: 0.076p per share)

[cufes2] 14/10/2012 12:09

Allesandro

WET is currently a loss making investment company with a significant investment in MRI a loss making company listed on a sub standard version of AIM on the South African stock exchange . . . MRI bought some assets from WET and then immediately came back with the begging bowl for a loan from WET . . . MRI now has an AMD solution that has not been implemented and an untested coal briquetting project that may be profitable in the future . . . a South African investment company failed to place c 76 million MRI shares . . . currently the market is applying a c 60% discount to the reported NAV of WET . . .

[reutersman] 14/10/2012 10:06

you are welcome allesandro,one more link you might find of interest is one of
the MRI listing documents which has detailed costings on coal project.

[fatfish] 14/10/2012 07:45

Kaffco,and what name were you posting under then?????

[enshare] 13/10/2012 21:09

kaffco...is that right you are a MRI shareholder ?

[kaffco] 13/10/2012 18:55

Yeah i bought some around a week ago but will get some more this week when my paycheck clears

[reutersman] 13/10/2012 17:48

Allesandro,it would be easier if you take a look at an article on them
that was only put out a few days ago.And also check recent news items
including the half yearly reports and business updates in mid september.


Latest article link




Latest news link

[mine cap] 13/10/2012 16:20

thanks for that kaffco,very good to hear that progress appears good :-)are you
also invested in watermark too?

[kaffco] 13/10/2012 15:08

mine cap i think they have made rapid progress on the briquet project and when i spoke to the chief exec last week he said they will be giving an update shortly.

[mine cap] 13/10/2012 14:03

welcome kaffco,nice to have an MRI shareholder on here :-)

Whats the latest over at MRI ??

[kaffco] 13/10/2012 12:39

Im a MRI shareholder from just after the listing on altX

[reutersman] 13/10/2012 11:47

kaffco,that was an article on MRI around the time of their listing on the
JSE,but it was good to read through it again as it shows the potential of
where this could go.

[moreforus] 12/10/2012 20:50

kaffco
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[mine cap] 12/10/2012 19:33

shaun,i have been through the figures several times and concluded they
look compelling.Around 150% pure profit per tonne of briquette produced
and under the off take agreement lengthy fixed term price guarantees.

[shaun09] 12/10/2012 19:09

mine cap thanks for the link (very informative) :-)

[cufes2] 12/10/2012 18:24

There is more info re the coal briquetting project in the unabridged document . . .

[mine cap] 12/10/2012 17:15

For details on coal briquette project including timelines and forecasts
this document is essential reading.Its in play now