MAGOR CORPORATION MGORF

RE: T.MCC

[toby12]

Mr Goldfinger wrote: I would collect many orders from clients and sale useless assets. Isn't that a little obvious, thats what all companies should be doing throughout their fiscal lifespan. How about instead having a company that does that and is upfront with the shareholders. Like telling us the JV with VSEC was nixed, what about a year ago now. Also as the rotovane tech can be used in other enviroments as they presented in one of the annual reports then why did this come to nothing. Seems to me what should have happened over a year ago would be to knock on lots of doors and get the shareprice trading higher, do a PP of 5 million shares or more then pay down their short term operating line and with only LT debt on the books they would have been in a very superior position to expand into other markets or consolidate what they had and make it leaner and meaner. So producing a dividend for us and them, I have lots of other idea's-thoughts but whats the point I'm not running the company. MHO. This is one of the few listed companies who's share price has declined throughout one of the biggest bull markets of the century. Check the 5 year graph. Enough said, I really don't mind if they stick with off road as it should bring them back to their roots and return MCC to profitability, its just going to take longer. My patience has run away and returned about 10 times in the past 3 years...LOL Regards......