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Online Share Trading

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MCU

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Robbie
Regular Contributor
Are there anyone on this forum who have been one of those lucky numbers who got trapped in mCubed Holdings ? I am one - Eish ! (100000 shares) After a tax investigation into the company they suspended trading around the middle last year (they did not delist). Their last SENS was on 28 May 2008. I cannot find any way to get hold of a person working for the company. I called a number given to me by the JSE and was given 4 other numbers as I called. The company do not reply my e-mail. I asked the JSE to help try to get hold of the management, but they ignore my request. Can anyone suggest something ?
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8 REPLIES 8
TITO
Contributor
Got hooked up too. 375000 shares @ 20c. Hope to make some profit after everything has been sold and the desputes with the SARS has been settled
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Robbie
Regular Contributor
Did you know that these buggers also somehow got involved with Fidentia ? How long do you think we are going to wait ? Have you tried to contact them or a you just very patient ?
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TITO
Contributor
I have no idea how long we still have to wait. I believe that PSG also own a piece of MCU and according to a friend of mine who contacted them we should not come short. As far as I know it is only the despute with SARS that is holding up the works, so we can only wait.
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Robbie
Regular Contributor
Thanks for the info. Do you think they will eventually resume trading, or delist ?
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TITO
Contributor
I am sure I read a sens somewhere that said they might open MCU for trading again, but if I make a decent profit I would sell. If we loose out I will hang on and see wat happens.
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Robbie
Regular Contributor
Remember that MCU did not get a chance to get hit by the crash (loosing 50% +) I wonder if it start trading again if it will escape to be crashed or also get it's turn.
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TITO
Contributor
I think we were very lucky that this share was closed for so long and i dont think we will be effected now. According to my friend who contacted them PSG will look after their 30% interest in MCU and they will not allow any funny stuff happening. Maybe i am to optimistic but I expect a 30 - 50% profit, maybe even more. Only time will tell.
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TITO
Contributor
Robbie hold thumbs Results out soon might even make more profit than i antisipated will put all procedings into grinrod and double my money within a year (omo)Please dont do what i would do because i'm only a rookie i am in for big risk big reward
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