halifax
- 13 Feb 2009 17:47
- 346 of 695
cynic we made a greater profit on our position in MXP than you did , but you carry on living in your strange cynical mind.
cynic
- 13 Feb 2009 17:49
- 347 of 695
you have made 2p (your bean counting not mine) but not banked it .... i made 2.5p and did ...... strange that!
halifax
- 13 Feb 2009 17:54
- 348 of 695
cynic are you counting beans? Are you devoid of ideas?
cynic
- 13 Feb 2009 18:49
- 349 of 695
fortunately today i have been banking profits - makes a nice change ...... earlier closed a long march nymex, but am considering re-opening now it looks to be holding $37.50 ...... also opened long Dow and watching
as for counting beans, i am more than happy to admit that i can't even read a balance sheet properly let alone analyse the goobledegook that gets spewed out on company accounts .... so no, not counting beans, though i most certainly know that 2.5>2.0, nor joining any committees for investment ideas strategy or golf clubs or anything else
halifax
- 13 Feb 2009 18:52
- 350 of 695
cynic so you are not a social animal perhaps more of a loner?
cynic
- 13 Feb 2009 18:55
- 351 of 695
not strictly true, though i certainly march to my own band, which brings its own consequences, both good and bad
halifax
- 13 Feb 2009 19:07
- 352 of 695
cynic nothing wrong with having your own ideas rather than follow the herd.
Pond Life
- 14 Feb 2009 09:21
- 353 of 695
Gentlemen - please could you continue your petty squabble elsewhere? Try advfn. You're behaving like a pair of petty ten year olds arguing over who's the biggest and best.
cynic
- 14 Feb 2009 16:50
- 354 of 695
Pondie .... advfn would be too severe a punicshment! .... 20 minutes on there a couple of years back was quite long enough to establish what a load of rubbish it was
niceonecyril
- 24 Feb 2009 00:01
- 355 of 695
Rumours have it news tomorrow? Or's that today
cyril
niceonecyril
- 24 Feb 2009 07:27
- 356 of 695
Here it is,
('MAX PETROLEUM' OR THE 'COMPANY')
[AIM: MXP]
Deferral of Coupon Payment on Convertible Bonds
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, has received undertakings from holders representing US$60.5 million of its US$75 million 6.75% convertible bonds due 2011 (the 'Bonds') to defer the next coupon payment under the terms of the Bonds, which is due on 8 March 2009, until 8 September 2009. The Company requested the interest payment deferral in conjunction with the Company's ongoing process of restructuring its senior debt facility with Macquarie Bank Limited. The trustee for the holders of the Bonds has been informed and it is intended that a formal meeting of such holders will be convened as soon as practicable.
cyril
Pond Life
- 24 Feb 2009 10:45
- 357 of 695
That was just part one cyril. The real news on funding came in the second RNS. Macquarie has given MXP something of a lifeline to buy time to arrange the farm out and get the real cash into the business. Failing that, it looks like massive dilution with shares issued very cheaply to Macquarie. Knowledgeable posters over the road on advfn don't think it will come to that and reckon that a farm out is closer than many (me included) think.
niceonecyril
- 15 Apr 2009 11:57
- 358 of 695
Some real action taking place, with buys at 6p, peeps piling in.
cyril
niceonecyril
- 15 Apr 2009 15:45
- 359 of 695
OVER 8p now to purchase, up 50%+,all on "no news"
Whats in store tomorrow?
cyril
niceonecyril
- 17 Apr 2009 08:06
- 360 of 695
EGM set for the 12th May,the annoucement looks to give a positive spin?
cyril
Pond Life
- 17 Apr 2009 17:57
- 361 of 695
Market reaction was muted at best - not hard to see why when you tot up how many shares could be issued if all the birds come home to roost. Ordinary shareholders get diluted at a rate of around 3:1. Not nice. Should make for an entertaining EGM.
niceonecyril
- 30 Apr 2009 16:49
- 362 of 695
WeLL pond life a great result for you and good old patience, happy to say i increased my holding 5 fold on the last news at 7p.
More than 16m traded and a 36,6000 bought after hours at 13p, a very nice
57% for now.
cyril
Balerboy
- 30 Apr 2009 17:06
- 363 of 695
Is there more to come? sold mine at 11.8p thought too good to leave.
cynic
- 30 Apr 2009 17:10
- 364 of 695
i think you're right ..... everything is now looking horribly frothy with seemingly indiscriminate heavy buying of anything that moves ...... tomorrow may well be sharply south
Pond Life
- 01 May 2009 16:23
- 365 of 695
Yep - all looks overbought short term. MXP coming back a bit today. But look at the volume!