U.S side of biz hit on interest rate hike The U.S makes up 55% of sales. Growth is tapering off in the U.S BIZ. Every other region is slowing for this company with central europe trading profit halving for the period. The London property scene in cooling off already.The mere threat of interest rates going up could slow construction spending imo, and as soon as the U.S growth slows then this overvalued stock could tank.Big director selling backs this view up imo.
I just gave CRND a SELL rating: People still believing in these MOU'S, oh well it must be greed that clouds one's vision. How many times has this company introduced more shares then have consolidated them, anybody read the RNS at all? Since 2006/7 they have lost well over £100m, never made a penny, now this is a flooded mine and work has ceased except for scratching the surface, yet, YET people still buying into this. Mr Gu & Mr Tang have taken their shares and they are being sold off very carefully, this is why even with more buys to sells the sp drops, oh & when the poo hit's the fan the two Chinese gentlemen say they got out as they didn't like what was going on. I love the Chinese, they can make money from anything and have, well done to them!!!!!!. Will I be right? [link]
Re: Reason for sharp SP rise? Rhigos, how do you define "a profitable company". MGNS have made an industry average profit for at least the last 4 years so I'd be interested to know what you class as "profitable"I think your comment is misleading as MGNS are returning, and have consistently returned, a profit.
Re: Why does BT Group have a funny EPIC? (BT.A) The non-standard nature of the BT Group's EPIC is preventing the DTM share price from working. Sorry guys!
Re: J Fisher It's possible, of course. But the people who run this company are pretty sharp operators.
Re: Big Rise today Indias just strong these days SENEX at a High, New PM Modi making the right noises internationally. Very talented and educated new young generation coming up, and consumer market growing. The middle class population of spenders is larger than the whole of Europe .
Re: J Fisher But if they did as you say (buying £500k), why did the price continue to slip? I still think that a major liquidation of a previous position is going on. If I am right, it will of course even out eventually, but meanwhile smaller shareholders get nervous and sell as well in case whoever is selling knows something that they don't - for example, problems with a big contract. We are holding ourselves because we don't know of any such problem, and the company is well managed with experienced managers. But it is of course possible that something has gone wrong.
defensive play by Market makers Mwana Africa first resistance point 2.835p second at 2.970p, 14 Day RSI at 80% at 3.15p, after that its only 52 week high at 4.09p, basically MMS wil let this one fly at 3.15 at this moment they are keeping the lid on fyi
Re: Upto 10 potential buyers Why ask (and pay) Rothschild to find a buyer when they purport to have been approached by so many companies already?
;p
volume volume is too low !
summary cash worth 8 pence per share ( based on RNS )athena worth 4.5 pence per share ( based on parkmeads research valuation )oil discoveries worth risked 55 pence per share ( based on presentation )i allocate 75% of the cash, 75% of the value of athena and 2.5% for the risked value of existing oil discoveries and 0% to exploration value and O% to tax lossesI believe this is a fair valuation and on basis of this i come up with a 10p value for trapcomments are welcomeimo
Re: Won bid eARTHLy has obviously been shorting this share for a couple of years now while he has been ramping PMG.I wonder how many posters have lost money in PMG during the time that he has been ramping and enticing posters to buy based on his fiction?
Re: J Fisher I can't say that I've noticed anything, but what I think did happen today is that somebody bought £500k worth.
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