Mission Newenergy Ltd. (fka MNELF)

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Bjdev89

02/14/12 11:59 AM

Post #986

Re: #985: @Gooddolphin - Added a few more shares today... :)

You think the upward momentum will continue in the short term or is this a long term buy?

Gooddolphin Grandfathered

02/14/12 11:57 AM

Post #985

Added a few more shares today... :) GLTA

hpham10

02/14/12 11:06 AM

Post #984

MNEL: needs to consolidate for a few days. over 100% run in two days is amazing.

Lotto123

02/14/12 10:13 AM

Post #983

Morning shake now time to bake... wink

$King

02/14/12 9:57 AM

Post #981

Re: #980: @Er0ck - Think your about 20 min late on that

1.50s will come again ;)

Er0ck

02/14/12 9:49 AM

Post #980

Re: #979: @$King - MNEL dropping back to 1.50s

Think your about 20 min late on that one there...

$King

02/14/12 9:48 AM

Post #979

Re: #973: @Er0ck - http://missionnewenergy.com/files/1077089.pdf And yes, its pretty bad news...

MNEL dropping back to 1.50s

Lone Wolf

02/14/12 9:47 AM

Post #978

Re: #947: @Lotto123 - LOL...hey bro...yep been in for a few days

I'm right there with ya. Looks like a great one to hold and...like at the open, buy on the dips. I never over-look a play bouncing off a 52-week low that's trading like it has a decent sized short interest in it. MNEL is that play. Hate to see folks get paniced with opens like today's, but IMO it's needed to ensure a healthy chart and steady incremental moves up...whether those moves come daily or weekly. This one's good.

Er0ck

02/14/12 9:46 AM

Post #977

Re: #974: @Fonzy35 - You're right! Doesn't look good for March and April

Yea but the bigger problem is they are basically saying their bio diesel can't compete due to the tax system in the country where they make it, and that people can find cheaper bio diesel, so that is what worries me more than them losing 14 million from that contract...

ClarkKant

02/14/12 9:45 AM

Post #976

Re: #973: @Er0ck - http://missionnewenergy.com/files/1077089.pdf And yes, its pretty bad news...

I just saw that. Disappoiting.

takinprofits Free

02/14/12 9:44 AM

Post #975

Quick drop this morning but a heck of a recovery. Would have been nice to pick up some of those 1.50s

Fonzy35

02/14/12 9:44 AM

Post #974

Re: #973: @Er0ck - http://missionnewenergy.com/files/1077089.pdf And yes, its pretty bad news...

You're right! Doesn't look good for March and April
imo

Er0ck

02/14/12 9:39 AM

Post #973

Re: #972: @Fonzy35 - Bad News? Where's the link for the recent

http://missionnewenergy.com/files/1077089.pdf

And yes, its pretty bad news... Like legit bad news, not like the bs crazytrain was trying to push...

Fonzy35

02/14/12 9:38 AM

Post #972

Bad News? Where's the link for the recent bad news, that people's talking about?

thanks

ClarkKant

02/14/12 9:23 AM

Post #971

wrong board, sorry.

ClarkKant

02/14/12 9:01 AM

Post #970

Re: #964: @Whisper Number - My $1.68 sale yesterday is looking pretty good

Locking in profits is never bad. Great job!

ClarkKant

02/14/12 8:42 AM

Post #969

Re: #968: @Bjdev89 - Its still undervalued so who knows...

Yup, we'll let the buyers and sellers decide.

Bjdev89

02/14/12 8:31 AM

Post #968

Re: #964: @Whisper Number - My $1.68 sale yesterday is looking pretty good

Its still undervalued so who knows...

Bjdev89

02/14/12 8:30 AM

Post #967

Re: #966: @Er0ck - Sell then... To me, it sounds like it

Indeed. Im selling but will be buying back after the imo expected drop. Again, I hope Im wrong and will be celebrating with those who stay if it runs despite news.

Er0ck

02/14/12 8:28 AM

Post #966

Re: #965: @Bjdev89 - The revenue increase was approximately 3 million dollars

Sell then... To me, it sounds like it might take a dive today due to that pretty bad news about the 40 million dollar contract. The issue isn't with the contract it self, but with the fact that they state they can't compete with bio diesel companies in other countries due to the tax system in the one where they make it.

Bjdev89

02/14/12 8:26 AM

Post #965

Re: #963: @Er0ck - They eliminated a ton of debt, which yes,

The revenue increase was approximately 3 million dollars the last 3 month compared to the 18 million the quarter ending september.

This report is overlapping with the last one so it doesnt sound bad.

Whisper Number Free

02/14/12 8:24 AM

Post #964

Re: #961: @Bjdev89 - Please read the posted article in my last

My $1.68 sale yesterday is looking pretty good today. Looks like the stock will take a dive today on the news if premarket is any indication. Too bad too. It looked like it would run another day.

Er0ck

02/14/12 8:24 AM

Post #963

Re: #960: @Bjdev89 - Perhaps i have misread (and I hope thats

They eliminated a ton of debt, which yes, increased profits, which is a fantastic thing. One might be worried, but they also tripled revenue for the quarter, which shows they have plenty of income. On top of that, NONE of the 40 million dollar, 6 month contract revenue and profit is even included in this...

The other PR how ever is not so good....

Bjdev89

02/14/12 8:24 AM

Post #962

Re: #957: @Er0ck - So trippling the revenue and going from a

They had a net profit of 8.4 million the hthree months ended sept 2011. They had a net profit of 3.8 million the 6 months ended dec 2011. They lost money the past 3 months.

Bjdev89

02/14/12 8:20 AM

Post #961

Re: #959: @Er0ck - Not only that, but this is for the

Please read the posted article in my last msg. Im a long so this is disappointing to me, im just trying to be real.

Bjdev89

02/14/12 8:19 AM

Post #960

Re: #957: @Er0ck - So trippling the revenue and going from a

Perhaps i have misread (and I hope thats the case) but most of the profit is from savings on restructuring of notes. Also this news is covering a 6 month period, the first three months of which was more profitable than the last based on their last filing. Also, this article was released...

http://missionnewenergy.com/files/1077089.pdf

Er0ck

02/14/12 8:16 AM

Post #959

Re: #958: @ClarkKant - Company posts good fins/info. People will try

Not only that, but this is for the period ending Dec 2011.... So this isn't even including any of the revenue from the 40 million dollar 6 month contract, which they just started receiving in Jan.

ClarkKant

02/14/12 8:13 AM

Post #958

Re: #957: @Er0ck - So trippling the revenue and going from a

Company posts good fins/info. People will try to discount it. Just like when there is a loss, people will try to justify that it is not that bad.

Er0ck

02/14/12 8:12 AM

Post #957

Re: #956: @Bjdev89 - Thats kind of underwhelming

So trippling the revenue and going from a 14 million dollar loss to a 3.8 million dollar profit is "underwhelming" ? Man what world do you live in......

Bjdev89

02/14/12 8:09 AM

Post #956

Re: #955: @ClarkKant - Financials of $3.8M Net Profit Filed/Reported

Thats kind of underwhelming

ClarkKant

02/14/12 8:02 AM

Post #955

Re: #954: @madstocks5432 - Opening & Closing price today

Financials of $3.8M Net Profit Filed/Reported

http://www.missionnewenergy.com/files/1077404.pdf

half yearly revenue of $20,3 million (31 December 2010: $5.7 million) and net profit after tax of $3.8 million (31 December 2010: Loss of $14.0 million) for the six months ended on 31 December 2011. The increase in revenue and profit between the reporting periods is primarily as a result of a gain (non cash) on settlement of the series one convertible notes during the most recent reporting period.

madstocks5432 Free

02/14/12 7:56 AM

Post #954

Opening & Closing price today

Open 1.83- 1.85
Close 2.25 - 2.3

Kev2128

02/14/12 3:53 AM

Post #953

Re: #952: @hpham10 - I think you made your point cleared. You

Going to open up today at $2.00!

hpham10

02/13/12 10:52 PM

Post #952

Re: #927: @Er0ck - Look buddy, you need to learn some of

I think you made your point cleared. You can lead a horse to water ONLY.

hpham10

02/13/12 10:51 PM

Post #951

Re: #923: @youroldfriendj - obviously, looks like someone may be trying to

lol MM working overtime

hpham10

02/13/12 10:50 PM

Post #950

Re: #920: @madstocks5432 - AH -> -10% @ 1.71. Why is

it's very low volume. Don't have to worry about it

Lotto123

02/13/12 10:35 PM

Post #949

Re: #944: @Whisper Number - Hey guys, dumped MNEL too early but picked

I'll check it out...be there after it tanks some more....

Lotto123

02/13/12 10:31 PM

Post #948

Re: #942: @ClarkKant - MACD crossing; RSI just into power zone, this

Crossed over and volume cometh... wink

Lotto123

02/13/12 10:26 PM

Post #947

Re: #946: @Lone Wolf - Hey Lotto. When did you sneak in

LOL...hey bro...yep been in for a few days now...caught her on the 8th and 9th. Been busy on a couple other rockers..... this one is just nice steady climber.... solid.... wink weeeeeeeeeeeee time.....chart is looking really good....told some peeps, this is too good to pass up.... smile

Lone Wolf

02/13/12 10:22 PM

Post #946

Re: #938: @Lotto123 - MNEL - Daily Candlesticks Liking the plenty of

Hey Lotto. When did you sneak in here? LOL...Good to see you out on the Boards. You MasterT...a few other buds too. Nice....and what a beautiful chart she is. Ready for this party bro.

Lone Wolf

02/13/12 10:20 PM

Post #945

Re: #894: @ClarkKant - MNEL MM wall tricks again @ $1.85

It's funny. Despite the tight SS and the bounce off the bottom on strong volume Friday, looks like shorts are still working on doubling down. Loving the close. Looking forward to tomorrow. Hoping that report of an ER upcoming is what's making this continue upward. With the reduced SS, EPS should be better than last year.

MNEL