MYX

1.51%

$4.71 mayne pharma group limited

General Discussion Topics, page-96

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krugerrands

418 Posts.

138

30/07/21

18:39

Post #: 54916664
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Originally posted by Biggsy 07: ↑

Just to warn others Dude. Future earnings is impossible
to predict. What do you think people were doing when
the Teva deal was signed? Mmmmm guessing revenues
and profits and rubbing their hands together. Charts was
probably there fantasising and telling people this thing will
be worth $3-$5 in 1-2 years as he has done on so many occasions.
In 2011 Mayne had zero debt. It now carries not sure how
much current debt but it also has 8 X the shares on offer as it did
10 years ago. So it has opened up debt facilities and tapped
investors on the shoulders for cash as well on the promise
of increasing profits which has not been forth coming at
all for share holders. Share holders fund SR’s grandiose
plans and say “Show me the money” so SR stands up
pulling his wallet out of his back pocket to show them. It’s
called the transfer of wealth. Smoke and mirrors. Amazing
that you would so easily dismiss the Teva deal. The Teva deal
and SR’s irresponsible spending of other people’s money almost
cost the company it’s life but it has certainly cost the company
its reputation because the same guy who almost destroyed
the company remains in charge and no one knows how to get
rid of him. He should have resigned in embarrassment but he
didn’t. So if you trust this guy with your money you go for it. The
last I traded MYX I pocketed around 6k-easy money on a quick flip.
Perhaps I’ll do it again perhaps not. Mayne languishes around 30
cents for very good reason my friend and that’s precisely because of
SR’s poor track record and his cronies that back him including RC
who is well past his use by date. He refused to retire at the AGM
a couple of years ago when Stephen Mayne stood up and asked
some confronting questions including asking him if he would retire.
Why retire when you can get paid to be a non performer and prop
up your retirement fund by hanging around like a bad smell???
Gee if I was a woman would I want a bunch of old blokes promoting
women’s health???? What a joke! They should get a female CEO
in who knows how to effectively run a company!!!!!

Expand

Wow... there is quite a few incongruent ideas and emotive statements that will take some effort to untangle.
Right off the bat we have...

"Future earnings is impossible to predict."

And yet you blame MYX / SR exactly for their failure to predict the future earnings from the TEVA deal?
So which is it?
Is it impossible or not?

You did give me one or two interesting things to check up on - debt, common stock on issue, gross profit etc....vs 2011/2012.
I'll get to that next week and respond properly, for now it's weekend time.

Have a good one everbody.

MYX Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

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General Discussion Topics, page-96

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