1316 days ago
G3 (G3E) used to be known as Green Dragon Gas (GDG) and on 4th October 2013 I published an explosive dossier despite quite explicit threats to me if I did so. The shares were then 229p and, natch, the Oxymorons at AIM Regulation did nothing. Today the shares are 10.35p but after the latest RNS, that is 10.35p too high.
2326 days ago
Big news today from the shysters at Green Dragon Gas (GDG) but does it change anything? Over to the City's No 1 oil analyst Zak "the Knife" Phillips at SP Angel who does not hold back:
2339 days ago
Apologies for the lack of a bearcast yesterday, I was just feeling tired and hacked off with the world of work. So you can have two today. I start with a look at the markets covering Greka Drilling (GDL) and related party dog Green Dragon (GDG). Then it is onto Mothercare (MTC), BCA Marketplace (BCA), On Line (ONL) and finally in some detail Westminster Group (WSG) where I wonder if the curse of Tony Baldry is about to strike.
2345 days ago
Drowning in debt and red flags POS Green Dragon (GDG) admitted on 30 October that it was in talks with bondholders to push out repayment terms and it promised that those talks - which had been undserway for a while - would be concluded by 20 November. Well maybe not.
2512 days ago
Green Dragon Gas (GDG) still has not answered the questions posed by the bloody dossier almost four years ago HERE. That made it uninvestable in my book. Its chairman Randeep Gewal was in London yesterday pressing the flesh at Proactive Investors - always a sign that a hat is being dusted off. I am sure he schmoozed the dumb mug punters present but here are a few things he probably did not mention but which you can find in the 2016 annual report HERE.
2714 days ago
I have a few more words on the Triumph of The Donald and the demise of Crooked Hillary. Ha! But my main thoughts on that are HERE. Then I look at Avanti Communications (AVN), Andalas (ADL), Green Dragon (GDG) and Greka Drilling (GDL) before having a detailed look at Mosman (MSMN) shares in which are up by 260% today which is bonkers.
2995 days ago
AIM Casino traded Greka Drilling (GDL) was born out of Green Dragon Gas (GDG). It was financial engineering designed to create the (false) impression of value creation. An operations update today is noteable for what it does not say rather than what it does because the reality is that this £14.7 million capitalised company is bust and has been for a while. The target price for the shares, now 3.7p, is 0p. Zero.
3007 days ago
Okay I am celebrating the impending departure of Afriag (AFRI) from AIM so might get a bit carried away in this podcast, there is a bit of bad langauge. Other than dancing on the PLC grave of Jabba The Hutt as he tries to spin this disaster I look at: Green Dragon Gas (GDG) - PLACING AHOY - Servision (SEV), Jiasen (JSI), TrakM8 (TRAK), Fusionex (FXI), Independent Resources (IRG) and Plexus (POS).
