Re: Hello sailors.... "Why don't you lot send your thoughts onto the ARL project management?Talk about disgruntled, almost hysterical, certainly unhinged...calm...calm... " ---------- ---------- -------I have put forward my reasons for not investing. So far all you have done is insult people. Why not do something useful and put forward the reasons for your hold recommendation?
Notice The wise have been selling off very quietly, this last 2 days ( all sells, no buy's ) since the report came out, so as not to draw attention to that fact. Quite rightly so as well because as soon as Morgan Stanley realise nobody's taken their bait and they see the wise are selling they also will start to dump. Then you'll see a marked drop in price.Put it this way if you bought 2000 shares at the float say 95p that's £1900 plus of course costs. Selling those today 2000 @ 28.16p brings in £563 less costs. Let's say £543.00. Wait until it's sub 10P ( which it will be ).So now lets say £543 divided by 9.5p that's approx 5,500 shares allowing for buying costs. Now tell me whose the clever one. The person who sat in and " Still " has only 2000 shares OR thew wise one who got out and now back in with more than double the holding. PLUS when it gets back up to float price 96p the loyal ( fool ) still has NO PROFIT.but those smart enough to get out are now looking at a profit of 150% + and good luck to them. I admire how they are doing it on the Q T as well.
Hello sailors.... Why don't you lot send your thoughts onto the ARL project management?Talk about disgruntled, almost hysterical, certainly unhinged...calm...calm...
FRTEB Yes ! as a sailor FRTEB you should know then all about the current's up here locally called " the boards, " they are about the most powerful in the world. All the locals who sail these waters here on a daily basis say, this will only last until the first big storm hits, then it's goodbye Maygen.Honestly I fell sorry for all the small Investor's here who bought in at the float price 96p that's close on 70% of their money gone already. 3 turbines were supposed to go in this year, now it's only 1 turbine which in a way might be good for them, because they'll only loose the one if it gets ripped from the seabed. Aside from that before power lines etc to National grid in place and production does start Min. late 2016 but then it is going to cost 3 times as much to produce the electricity in comparison to what they will get paid for it until the whole project is paid for.That is with 3 turbines, so god knows when, IF, the other 2 will ever go in. NOT before 2016 (if at all) So all in all I'd say it'll take a min of until 2017 just to get back to float price and only if everything runs OK. I cant believe the report. This has been spewed out, just to get innocent people to pile in here thinking what a wonderful opportunity. But !! the reality of it all is Morgan Stanley want's out as soon as possible.So if enough people pile in here with their hard earned money M.S. can make a quick exit at an enhanced price, leaving everybody wondering why the share price collapsed so suddenly after them buying in. Really they only make it look glossy and WONDERFUL because they are already in there and --- THEY WANT OUT. Here's a quote from the Report inc. in the II Editor's post. IT TELLS THE WHOLE STORY.Quote :- However, Morgan Stanley is unlikely to want to sell at such a depressed share price. EM !!!!! so let me see Mmm! what can we do. Oh YES !! lets put out a report saying everything is progressing well and this is very much an under valued Investment, and a wonderful chance to get in at the bottom. THAT IS WHY :- However, Morgan Stanley is unlikely to want to sell at such a depressed share price. So hopefully the sucker's will fall for this and pile in. But they forgot the obvious and the CLOWN'S even put it in the report THIS TELLS THE WHOLE STORY ---- " Morgan Stanley is unlikely to want to sell at such a depressed share price." So --- bring in the clowns.I'm not invested here but please, please folk do not be suckered into this. IF NOBODY BUYS IN then you will see what I say is true the price will continue to slide South and M.S. will DEFINITELY want out once it does start to slide and they see nobody coming to save them. All these big II's are the same they only wait so long and then decide 4 slices of bread is better than no loaf at all. THEN !!! once they start to exit the price will really tank South. As I say folks no skin of my nose if you have money to throw away pile in here by all means. Your a braver lot than me, and I live on the doorstep of this project. Nothing here except 500 ton or so of rock been dumped into the sea about June time last year and that's Maygen for you.
Re: BEWARE!!!!!!!!!! " I've just looked at a chart for Atlantic Resources. " ---------- ------ Typo: AtlantiS Resources. Doh! Wrong spelling but correct chart!
Re: BEWARE!!!!!!!!!! Thanks for the warning post Highlander - putting this on my watch list and come back when development is ready to give way to cash generation - at some point the project will be certain to give a return at a bargain price hopefully.
Re: BEWARE!!!!!!!!!! I've just looked at a chart for Atlantic Resources. The share price has been in a clear descending channel for the past year (at least - the data on my chart only goes back one year). At the moment the sp is at the top of that channel. The bottom of the channel was hit on 8/4/14 and 8/8/14. If the sp dropped to hit the bottom of the channel on Monday (23/2/15) the sp would be ~ 0.9 pence. AVOID/SELL.
Re: BEWARE!!!!!!!!!! Interesting discussion/posts...I popped in here directly as a result of the ii article. I'm always on the lookout for something new and worthwhile to invest in. As a sailor I lean towards green energy production and remain surprised, nay shocked, at the lack of exploitation of the highly predictable tides we have around our (UK) coastline... 2 x high + 2 x low tides per 24 hour period. Some of our tidal streams are amongst the most powerful in the world so you would have thought it would be a no brainer to harness all that free and predictable energy. But the sea can be one of the harshest and violent environments you could ever imagine, so it will take some REALLY tough engineering to handle the worst that mother nature can throw at it and still be in the same place and functioning after the storm has passed! At the moment I see ARL as potentially high reward but currently far too high risk to warrant any investment from me. I look forward to Atlantic Resources making progress and if/when they've had their first turbine installed and working profitably with low down time for a year or so then I'll take a look again. If anyone chooses to invest at the moment then you're a braver man (or woman) than I. But good luck all the same.
BEWARE!!!!!!!!!! However, Morgan Stanley is unlikely to want to sell at such a depressed share price. ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -You bet they won't, NOT unless they're forced to. But wait and see if enough mug's pile in on the strength of the report in the II EDITOR'S POST then as soon as they're all invested Morgan Stanley oe of the biggest richest Merchant Banks will Dump their holding leaving the mugs who piled in at a heavy loss. Think on it !!! the II editor runs this site. Why would he post here ??????? because he's possibly had his palm greased to do so ? who knows. But in NORMAL situations and for fear of upsetting anyone with an II account a proper businessman would sit on the fence and take no part in being on " anyone's " side.Try this to see if I'm not right in what I say. NOBODY BUT NOBODY buy in here for at least 6 month to see first where the Share price will go. It'll go D----O----W----N . Then Morgan Stanly who will " NOT " wait longer than that will start to offload their holding for fear of losing more than they already have and it'll then go even further D------O------W------N, and it will stay there until at least summer next year. Around the 3-5p mark after which time it may just start to creep up, unless the strong currents in the Pentland Firth rip something from the sea bed in rough weather. Then for the wise it will be GOODBYE Maygen. Don't be foolish and line someone else's pocket here, especially one of the richest Merchant Bank's in the world. Morgan Stanley are looking for cannon fodder to let them get out of Maygen . Are " you " going to be that cannon fodder ????????????????????????????
Re: NEW ARTICLE: 4 AIM companies to buy and ... Unbelievable. I HAVE NEVER READ SO MUCH GARBAGE IN MY ENTIRE LIFE AS WHAT'S IN THIS REPORT. Seriously it's about 90 % away from the truth and reality of the situation at Maygen. The only reason this has been written is because they need now need to lead the "LAMBS TO THE SLAUGHTER " Morgan Stanley who sold most of this to Arl. is now near the end of the yearly agreement.But !!! ( quoted from the report ) However, Morgan Stanley is unlikely to want to sell at such a depressed share price. YOU BET !!!!!! So they want you MUGS to think it's undervalued. YOU pile in PUMP THE PRICE UP thinking Oh ! what a bargain THE II EDITOR SAID SO and it lets Morgan Stanley then offload all their holding at perhaps only a 40% loss instead of the 70% loss it's now at.I KID YOU NOT they will dump their holding quicker than a car hitting a brick wall once the mugs pile in and pump it up for them . FIRST I don't hold here and have no intention of holding. I WOULD NOT TOUCH THIS WITH A 50 METRE BARGE POLE. But yes ! I have a slight interest in it but only because I live within 2 miles of the site. NOTHING ( ( they state work is progressing well ) NOTHING has been done here for a good 9 - 10 month now. The project has serious setbacks, only 1 Turbine will be installed this year and it will take almost to the end of the season to do that. But it will not be up and running until late ( very late ( 2016 ). Original plan was for 3 the report published in the Editor's post said 3, BUT THAT IS NOT THE CASE, IT 'S ONLY 1. Government funding is NOT in place and is even questionable, they dont actually tell you in the report the initial electricity is going to cost 3 times as much as what they will get for it until the project is payed for which will take another 4 years after 2016.Seriously folks this is throwing money away, you;ll have to wait 4 years min. just to get back to the price this floated at. I'm not in this and Never would. But I see it all every day and it annoys me to see people getting ripped of to help the likes of Morgan Stanley to bale out. So up to you folks. Morgan Stanley need mugs to buy in to let them get out.Remember YOU WERE WARNED. if you mugs don't pile in then MS will possible have to unload a large % of their holding because being such a big outfit it's better to cut their losses to a degree to go somewhere else to make money NOW rather than wait here 4 years just to get back to square one. FOLKS, by Sep. this year this will have tanked to below 10p. Nothing surer, then possible half that again by this time next year5 years from now it may be a viable project BUT !!!!! that also remains to be seen. The Pentland Firth ( and where these turbines are to be situated ) has some of the strongest currents in the world, and they don't even know what damage this will do to the turbines in severe weather. Years ago when the Longhope Lifeboat got stuck in a storm in the Pentland Firth (100 ft waves) they found it days later still at sea ( all hands lost ) like a crumpled paper bag. YES THE PRINCIPLE IS GOOD, BUT !!!! IS IT REALLY THE BEST AREA Only time will tell but as stated this will be non profitable for at least 4 years. Sure the price will rise at some time, but guaranteed it will always be on a pump and dump principle for those wanting out. BE WARNED up to you I have nothing to lose because I'm not invested here, but YOU ??? I don't want to be the one to say TOLD YOU SO. I will say I do feel heart sorry for any private investor stuck in here. Especially if they came in at Float price. Yeah God's it'll take years to get your money back and that's without any profit.
NEW ARTICLE: 4 AIM companies to buy and hold "Some companies appear undervalued based on their current performance, while others have the potential to be highly profitable but are still a few years away from that point in their evolution. While some of these companies with enormous potential ..."[link]
Re: : FAO Highlander lehira, yes I live within 2 miles of the site here and nothing has been done ( nothing ) here for the last 10 month. There are big problems and eventually only 1 turbine will be installed this year and even that will be a struggle. Government funding isn't as some think 100% garuanteed yet, no power will be produced until mid 2016 min. and initially it will cost 3 times what it is actually worth to produce it. So project will actually run at a lost ( until costs recovered ) for a considerable time even after it's up and running. You can't hide anything in a tiny rural area like this. This will be a waste of time as far as a small private investor goes. It will be many years just to get back to float price. Also due to delays and current market conditions you'll see one or two of the II's selling out to shore up elsewhere. They can't sit in here forever expecting / hoping that Maygen will eventually give them back their original investment with a zero gain after many years. Time alone will show what is going to happen here, but yes I still say the SP will most possibly half in value from where it is now. I can't possibly say how I know.
Re: Hammered to Pulp I know but i still answered that way!HL...how u know this stuff?????
Re: Hammered to Pulp Clock - my question was addressed to Highlander. See FAO Highlander post.
FAO Highlander You said "Look out !! word is over the next 2 month this is going to get hammered to pulp 10 -12p. Those that bought in at IPO will need to sit tight for a good few years now."How do you know this information?