Real Estate Investment & Services Ratings

BUY PFP by LG on 06 Feb 2014 12:30

Price at rating: 0.36, now:

Normally a good news flow on this stock and with the Mozambique courts reopening at the end of February we could see some speculative buying ahead of a positive news story regarding the recognition of UK High Court ruling under Moz law.

Score: 70.00

PANIC PFP by Steelr66 on 30 Jul 2013 01:29

Price at rating: 0.72, now:

If anyone bothered speaking with a decent lawyer in Moz, they would understand the Moz legal system is steeped in tribal jurisprudence. This is reflected very much in the appeals process. If a judgement went against Veloso in these initial substantive proceedings, his right to appeal is virtually automatic. Appeals in complex cases can take three to four years for a preliminary hearing. If anyone bothered to check the Moz appeal courts listings, they would see updates on appeals re property disputes that have been in progress for almost 10 years, & still unresolved. PFP is dead within 18 months, out of cash! Doubtful if anyone would subscribe to an emergency rights issue to fund further litigation. NYU has an online library with an excellent section on Mozambican law, process & precedents. Necessary for any investor in this unfortunate company to understand the reality of the legal process in Moz, & thus what view to take on the likelihood of a swift positive outcome for PFP.

BUY PFP by bennion on 19 Jul 2013 11:10

Price at rating: 0.62, now:

Please see last post

Score: 93.75