SUJEEVANN
- 23 Feb 2004 20:19
This penny share had a roller coaster ride since it was founded in 1997.Even though its business is good BUT the management was totally crap who has no idea how to make gold dust to a gold bar.This business has a lot potential such as mediwatch,medisys,maelor and surgical innovation.They are very good at draining the company's wealth.At present they have nearly 13.5 million in cash (would be around 10 million after reduncy payments due to factory closed recently).I think it is going to be either taken over or merge with small tiddler like surgical innovation.How my prediction was turned out to be true as far as FORTUNE OIL is concerned.Hopefully it will also turn out to be a BIG WINNER.Good luck everyone*********
neilpos
- 19 Apr 2004 15:14
- 3 of 6
These have started to recover recently & were covered in Pat Lay's column on this is money a week ago. I bought in just after this & think that it is one to watch.
Anyone else in to these or have any thoughts?
RESEARCH guru, Mark Watson-Mitchell, analyst at SQC Research, is turning his mind to NMT Group, the safety syringe makers whose business has undergone some remarkable changes in the past 12 months. The business has a market cap of around 6m but has 6.5m in the bank and on-going costs of around 500,000 a year.
It is no longer bogged down with its expensive production plant in Livingston, Scotland, and has reduced staffing from 156 to just 10. All orders are being filled by third party manufacturers and the future is looking bright.
Mr Watson-Mitchell says the shares at 0.72p each 'look ready to fly'.
snip24
- 13 Aug 2004 14:47
- 4 of 6
SOMETHINGS BREWING HERE,ITS BOUNCED OFF THE BOTTOM!!!!
Fred1new
- 13 Aug 2004 20:17
- 5 of 6
I have held this share for about 5 years and the number of times it has bounced off the bottom is not recordable. Generally its before another fund raising raid. I think its elastic has run out. It has cause me financial pain, but with the spread as it usually is I am to dumb to sell.
bharathi_raj
- 17 Sep 2004 13:59
- 6 of 6
I for one at this price am willing to hand on - bought at 5p so even a take over at a 100% premium is a dead loss!!!!!!!!!!!!