The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Come on JTD, just believe enough and it will be fine! Tant spent all of Monday believing and the share price went up. Yesterday he had to tidy his room so could not devote all day believing and the SP went down. Today after his trip to the park he will doubly believe! If we all took that positive attitude we would be selling this for over a pound!
I am sure that soon we will be having leaks from the government telling us why it will be so good, can't understand why the Brexiters haven't released any of those yet, sure there will be some soon.
Tant - Thank you so much for putting me straight with your exceptionally well reasoned argument. Now I see how ridiculous it is to be making any provision for potential risks. You've convinced me the current pro Brexit government are lying when they say there could be problems and they are making frantic preparations for absolutely no reason, snowflakes.
I'll stop paying attention immediately, thanks mate; incidentally in case the rose coloured specs you've just provided me with are not strong enough to protect my capital, where did you get your sand from, it seems to have done a great job of protecting your head so I might invest in some - washed river sand I hope then it doesn't leave a nasty stain when the shrivelled head is extracted.
Oh, and you better let that other snowflake know about your findings, what's his name, Richard Bran something or other who thinks his businesses will be severely effected to the tune of over £100m a year - he clearly hasn't done his homework, a complete loser.
I see clearly now though my rosy coloured specs, it's a miracle, and those that think we should make preparation to avert painful shocks including- Boris Johnson and his entire cabinet, every other MP, BofE Governor, Nigel Farage, CBI, Unions etc - all deluded as there's absolutely no chance of any impact - thanks mate.
Your baseless project fear rant has no place here. Run off and find a snowflake bulletin board and don't waste our time.
The recent discussion on broker problem and investments being frozen, serves as an excellent warning to us ALL, myself included - companies can and regularly do hit the skids and sometimes without warning and we must be alert to the potential as Brexit approaches. I guess nearly all of you have made appropriate provision, but still pertinent IMO.
Whatever your views on Brexit, if we go without a deal or even with a deal some poor sods are ABSOLUTELY CERTAIN to lose their investment, we cannot be certain which firms will be hurt, but hurt they will be no matter how BJ or other down play the impact, even if things get back to normal in a short time it will be too late for some. What has been obvious is that many companies will not admit to having a problem, if they do their problem increase exponentially as they will then be shunned or punished mercilessly by financiers and investors, so we really don't know which enterprises are at risk.
Hence not being political, our own money is far more important, I urge everyone to consider where they are invested and the potential impact on their investments. Most important of all for me at the moment is that the companies I invest in are not financially stressed or in need of refinancing - resilience(cash) to stand a shock will be essential if capital market dry up. Fortunately IMO Amerisur is very well placed, even presumably holds its cash in $ (if they don't then they are muppets). I see my investment here perversely as an actual safe haven from the UK with $ exposure, cash and a market on the other side of the world, the bid situation is the icing on the cake. I hope it drags on for 3 months with bid and counter bid in US$, lol
For anyone that thinks we are all in this together, think again, many leading figures in the Brexit game have risk proofed their investments, most notably allegedly JR Mogg whose profits from the original vote where analysed in a TV programme - for all the claims of passionate love of the UK many are betting on a crushed UK economy.
Whatever you view even if you THINK (you cannot know what will happen no one does) maybe everything will be fine - but look after yourself guys, I wouldn't like to miss out here through pressure elsewhere as this sale process may go on for months and be right are the point where the market pressure is highest, I hope we can all benefit.