LK Hyman
10 Feb 2017
Re: For education! Mickey,"I wonder who will be in line to buy them."Any chance he might originally hail from Prague?Acksherly I suspect that Melka has totally queered his pitch out Peru way, so he'll probably be lookin' for some other part of the world on which to sprinkle his faerie dust next.I didn't know whether to laugh or cry when I read this little extract from a recent media release from the Forest Peoples Programme:"On 22 December, its share price on the London Stock Exchange’s Alternative Investment Market (AIM) dropped by 23% as it reported it was resorting to selling off its heavy machinery, although even then it would only raise enough funds to maintain operations until February 2017."One wonders how "operations" can be maintained at all without heavy machinery!LKH on the flybridge the people's friend
WANTPAYINGONTIME
10 Jan 2017
MD gone Immediate termination of Mr. Dennis M. Melka's employment as the Company's Group Managing Director. Question...What was the payoff to Him I wonder ??The non-executive directors of the Company will be assuming management oversight of the Company pending the full time appointment of a new Group Managing Director.Question: Who would take such a job ??In addition, on 5 January 2017, the Company accepted the resignations of Mr. Anthony J. Kozuch and Mr. Graeme Iain Brown from the Company's board.Question. Where these paid off buddies of top man as well and what was there payoff I wonder ?200 field worker sacked !! think this is a dead duck !!
LK Hyman
05 Jan 2017
Re: For education! Mickey,"I wonder if a new Nomad can be found given the lack of available cash."Fat chance! I hereby confer munter status on CHOC.No company which has been awarded munter status by your correspondent has ever done anything in the past other than tumble off the tracks, roll down the embankment and plunge into the abyss far far below.Of course the past is no guide to the future ... but still, this looks like Old Yeller all over again.[link] on the flybridge it's over, boys, we can go now
WANTPAYINGONTIME
05 Jan 2017
Re: heavy equipment I made a few quid a while ago on these and bailed, now just sit on the side watching. Glad I did had a feeling it was a very risky investment so £400 profit was enough to hit the sell button. Yep maybe a jeep to shuffle management around the fields
WANTPAYINGONTIME
05 Jan 2017
Re: For education! Sounds like the first bell of death to me. Will they get a new adviser ? questionable, What assets have they ? a few thousand hectares of land in Peru which I presume they have a loan against. Heavy equipment me thinks a John deere Tractor and a plough if lucky
smilingmickey1
04 Jan 2017
Re: For education! HI Lk,I have found that following failing ventures run by capitalists with questionable ethics educational and helps one to avoid investing mistakes. I wonder if a new Nomad can be found given the lack of available cash.I guess the next step is for the Company to move into receivership and the assets sold off. I wonder who will be in line to buy them.SM
LK Hyman
01 Jan 2017
Re: heavy equipment WANTPAYING,"wondering what heavy equipment they have there ?"Mebbe a bulldozer? Or a Riva Aquarama to get the Czech conehead from Iquitos to the plantation I dunno?Either way it all sounds as if CHOC is pretty desperate for some working capital.LKH on the flybridge
WANTPAYINGONTIME
23 Dec 2016
heavy equipment they issued the statement below, but wondering what heavy equipment they have there ?Following this payment, the Company is taking to steps to manage its near term liquidity requirements, which may involve temporarily reducing operational activities at the Company's plantation in Peru and entering into a sale and leaseback transaction on certain of its heavy equipment located on-site in Peru. The Board is confident that, in the absence of a longer term funding proposal being agreed, and assuming ongoing management of short term payables, the steps outlined above would provide the Company with enough working capital until at least February 2017.
LK Hyman
23 Dec 2016
Re: For education! Mickey,I always said that the Czech conehead looked a bit iffy.Looking at the pictures of this whole project, two words fly into my overactive brain ... D1 Oils ... aka NEOSIt's D1 Oils all over again, shipm8es!The manky wonky-lookin' rows of triffids, the downtrodden-lookin' locals, the location of the whole sorry-assed project far far away in a country of which we know little ... a mere speedboat ride away from the largest city in the world with no roads to it LOL.[link] yes, the signs of munterdom were all there for those who cared to look and think.Ain't life grand?LKH on the flybridge happy Christmas!
smilingmickey1
23 Dec 2016
For education! Watch out for the delisting of the Company and buy out of shareholders at knock down prices.Who might be behind this? Maybe the former Directors who resigned form the board earlier this year but are still involved in Management positions.
smilingmickey1
22 Nov 2016
!!!!!!! This share is on my watch list.I see that Dennis Melka is no longer a Director. One has to wonder why, given that he is a large shareholder and the guy who has been the mover and shaker.Best to steer clear for the moment..SM
smilingmickey1
22 Nov 2016
This share is on my watch list.I see that Dennis Melka is no longer a Director. One has to wonder why,given that he is a large shareholder and the guy who has been the mover and shaker.Best to steer clear for the moment..SM
nk1999
29 Mar 2016
Mail- Midas They recommended buying at 159p earlier, and have repeated that at 80p.[link]
hilda ogden
28 Jan 2016
Re: anybody know reason for drop actually that reads like a classic deramp. I mean the soil is extremely poor, thin. There's a connection, of some sort, I'm not a biologist, between the lack of goodness in the soil and the extreme overexuberance of the ecosystem growing on it.
WANTPAYINGONTIME
26 Jan 2016
Dropping like a stone maybe the soil just can't take the plants. something very worrying about this company. The truth isn't being told
