The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I suggest you re-read the RNS before you invest!!
Mr, Mr, Mr, Mr c&d.
Decommissioning costs are £1M and those costs were factored in to the final accounts. The £33M write down is an accounting term to remove a chunk of assumed asset value that no longer exists. I think they were giving the assets a value of something like £80M so minus 30 is 50. Gas prices are rising again ready for the air-conditioning pull. There really is room for this to move up despite the obvious negative points. Tom having that big slice of the pie along with the contrarian Stonehage Fleming means the game is not over yet. Open to all opinions...
No Rampers here .....
Just a common scence approach of CEO who built up a multi Billion pound Dana Petroleum.
I expect news on a renewable purchase in the coming months. GLA
cash pile has gone now on decomm
£33m write off perth
£20m write off decomm
no news on gas well rts
cross desparately trying to raise cash from somewhere to keep the ****show afloat and pay the wages this month ?
just 3 ****ty windmills
what a total sham
numerous savvy investors sniffed him out long ago
be wary of paid rampers here
buzz is a deluded old man who appears close to the company
I re read the portfolio data at FT.com and decided to add because the sp does not imo reflect fair value.
Runner - yeah if you ignore the decomm cost projections for this year…
Still over priced here in my view given funding is required.
That would be even better mate!!
Correction £2-£3
Tom won’t sell the company for 16milliom,he owns too many shares,patience,this will be back to 30-40p very soon and sold for £1-£2 within 2-3 years.
I have faith…..GL
The clown on here Scott 240/Castle6 is a doom sayer for a reason,Castle6 only started posting this year,why call himself castle?….and why so angry at Parkmead?..,,
Hmmmmmm!!!
With £20M in the bank this should be 18 pence per share. Interim cash generated to Dec 22 was nearly £9m but that was with gas prices 5x higher so lets say this year Parkmead only bring in between £2M to £4M (full year) cash that would be OK. Would you buy an asset for £16M that returned about 18% per year on your capital? Sure the market could price this a little higher that 15 pence? I'd say 22 pence might be fair. Maybe vermilion energy just step in.
Indeed…requires faith to ignore evidence of poor governance…
An Oil Supply Deficit Is Looming, And Traders Couldn’t Care Less https://oilprice.com/Energy/Crude-Oil/An-Oil-Supply-Deficit-Is-Looming-And-Traders-Couldnt-Care-Less.html
Faith !
Natural gas prices are rising up steadily ready for the air conditioning power suck that renewables can't meet yet. I would like to see Enquest do what Parkmead have done and do a mix of fossil fuel and renewables that way they would be able to say to either government look the EPL is ridiculous because we naturally invest profits from fossils into renewables every year, thus achieving the goal that you governments will never be able to do unless under a dictatorship which we are not far off. Anyway the trade book looks spot on here. Yes the loan to Tom and wife looks a bit shady and yes buying a farm that was in wife's name seems unprofessional but maybe their is some sort of genuine desire to run the company properly rather than into the ground.
All I see every time someone posts on here is a filtered post by the ginger midget Castle6/Scott240,so funny, must be sitting there all day in his mums dark basement waiting and watching for an investor to say something positive on here...hahahaha
Love it,lonely desperate single little man.......trying to get someones attention, keep posting you absolute clown, no one cares haha
A far cry from the 60s old boy
Whatever floats your yacht sunshine
Nice buys going through daily......shouldn't be too long before we see 24p easy......
i have been a little, out of ****ty mma and back in here
How are you buzz ?
I’m sure the Algarve is now a distant memory ?
Back to 24-25p soon,oversold
Well said buzz
How are you old boy ?
Mid twenties.....
Stonehage Flemming maybe or TC,whoever it is has done their homework, this is crazy cheap and will re-rate back to the mis twenties very soon,until news.....
GL
Someone is continuing to load up with 150k buys throughout this week.
Events