OTCPK:MAUXF - Post by User
Post by
takingthemonon Oct 30, 2013 11:06am
334 Views
Post# 21861681
Selling continues
Selling continuesI am shocked that I still need to talk about sellers. The screens show that there are still sellers waiting to be matched with buyers. It does not work the other way around UNLESS there is selling at all costs "Fire Sale."
These systems match the volume. Personally my reputation speaks for itself. Yes I have invested with many companys in Nigeria. Some small and mid tier company's. If you have the time to call and talk to people you can get numbers for the different people in charge. The government also makes permit applications, environmental issues, projected revenues, international agreements on varied fronts available on request. Many of these are 30-60 days or longer...old but that is the way it works down there. People can also get to know local broadcast stations...media in general ..there are a small few that cover the region. Finding one that will talk to you may take time but there are a few that want there stories told outside the country. You people on here that think everything is impossible are a joke. Further I neither prompt or try to take any stock down. I find the management can usually do that just fine on there own. If I short a stock and you are on my alert list I declare it.
I base my opinions on many facts. In the case of Mart it is easy There is really no interest picking up in the name. The DIVIDEND is being questioned by many not just me. But while on the subject I posted that I did the math and thought something should be done months ago. The math does not add up. The company has a payout ratio of 229.97....aside from this many also think that we will once again have yet another set back in the timing for completion of the new pipeline The balance sheet has been a concern for many since March 2013...no question..Just do your homework. The CEO needs to take a more aggressive approach. Capex needs to slow right down until the pipeline is up in running...lines of credit or credits...and other outstanding issues need to be cleaned up. As for trading support we are at or near it. If this level does not hold we could see $1.00-$0.95 again...no brainier. Good luck and keep your stops tight.
Detailed Quote
| Open | 1.11 | Prev Close | 1.12 |
| High | 1.11 | 52 Wk High | (02/19/13) 2.31 |
| Low | 1.10 | 52 Wk Low | (10/10/13) 0.98 |
| Dividend | 0.20 | Payout Ratio | 229.97 |
| Yield | 17.86 | Beta | 1.23 |
| Ex Div Date | 09/16/2013 | EBITDA | 89 M |
| Payable Date | 10/02/2013 | Shs Outstanding | 356 M |
| EPS | 0.105 | Market Cap | 399 M |
| P/E Ratio | 10.18 | Avg Volume | 1.79 M |
| 50 Day Mov. Avg. | 1.30 | 200 Day Mov. Avg. | 1.58 |
| 50 Day Avg. Vol. | 1.74 M | 200 Day Avg. Vol. | 1.26 M |
| Industry | Energy |