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Magellan Petroleum Corporation Message Board

  • avi.morax avi.morax Feb 18, 2013 9:10 AM Flag

    results are in.....

    10-Q filed on 2-11-13

    SUMMARY RESULTS OF OPERATIONS

    "Revenues for the three months ended December 31, 2012, totaled $1.7 million, compared to $3.2 million in the prior year period, a decrease of 45%. Revenue is not expected to materially change from this level until certain of the Company's assets undergo further investment and development. Operating loss for the three months ended December 31, 2012, totaled $7.7 million, compared to an operating loss of $4.9 million in the prior year period. Net loss for the three months ended December 31, 2012, totaled $7.3 million ($(0.14)/basic share), compared to a net loss of $4.6 million ($(0.08)/basic share) in the prior year period. For further information, please refer to the discussion below in this section under Comparison of Results between the Three and Six Months Ended December 31, 2012, and 2011."

    time for a cold shower, ladiees

    Sentiment: Strong Sell

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    • Recommendation for MPET is a hold by most Analysis reports.Good Luck Investors

      Sentiment: Hold

    • tonywagambie@rocketmail.com tonywagambie Feb 18, 2013 1:38 PM Flag

      Let's see, revenues DOWN 45% and "Revenue is not expected to materially change from this level until certain of the Company's assets undergo further investment and development."

      Gee, I know that's a lot for the carsonites to take in during one reading session. Could someone suggest a good tutor to help those boys with their lessons?

      Sentiment: Strong Sell

      • 1 Reply to tonywagambie
      • Tony wannabee, you have shown the merits of my comments quite well. You see, folks who are invested here in Magellan are well aware of the numbers, the explanations, the revenues, incomes, corporate packages, audit problems, revolving door of management, etc. These investors don't try to trivialize or debunk these Edgar filings. They understand them and make their individual choices--choices that for some reason you don't like.

        Your skirt the discussion when you don't like the rebuttal to your claims, as I have stated already. Further, you take an honest effort of evaluation from one poster and, rather than rebut the numbers, you begin calling that poster names ans screaming 'pump.'

        And lest you forget, I have suggested a number of times that if you don't agree with his valuations, take his numbers and show us where you disagree. You keep claiming that my old posts should be researched for 'pumping.' Why not start with the ones where I encourage you to give a legitimate counterpoint to the posted valuations?

        Your silence/refusal/dodge speak volumes to the legitimacy of my earlier post. So, once again thanks for doing the heavy lifting for me when it comes to pointing out your inanity.

 
MPET
0.79+0.015(+1.96%)Jan 26 4:00 PMEST

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