The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Look what is happening at moss. I don't know what's more of a joke our mcap or people buying that stock and it going up hundreds of per cent
Companies do get bought for higher sp. Foot was one of them. The UK stock market is really bad at present anyway. Retail stocks are in meltdown. As I said if we where listed on usa market we wouldn't have a 2.5 million mcap imo. Aim stocks will be finished one day imo
Still no rns Milton are still selling
Ask SR for a higher price?! That made me laugh. i'd offer that it's considerably more likely they'd make a revised lower price offer than a higher one. Our sp is .8 p currently after all: that is indeed point eight of a penny. That's a long long way from 3.5p and a long way from what the s/p was when SR tabled that offer for that share of co.
Most is importantly is a good update soon. And Hopefully that - or something/anything else - would encourages Miton to stop selling asap.
A bad update and this can of course go lower.
I like this share, i think that shandong were holding out for bagr to use more of its credit line for stock, then pay for the majority of the buy out with a credit against their account, they buy the company for cloth which they have made a good margin on, win win.
I like that the products are always in need, the low competitive cost of manufacturing and its location, the links with big suppliers and retailers.
Its been on my watch list since i was trading it around the time when the initial deal was announced, i may buy back soon, trouble its always been long quiet times between large rises when there is so much else going on.
Thought about that myself asking for a higher price. Although the price of deal is already over 400% of our current sp. Hopefully news this week although not banking on machinery arrived. It clearly states by rns that extension is only conditinal on this arriving this month and also states will be final extension. I just don't know what will happen.
Alpha, point taken. It could be that the eye's are still on the prize and it's perhaps diverting their concentration away from their core business. It's all supposition!
If business is generating higher revenue's than originally received and forecasted then they have very good reason to ask for a higher price.
Let's see.
The only cause of action against them will be to keep the £3M........Ruyi could have them dangling on a bit of string until eternity! No machinery this time, then cut the relationship.
Our results have been decent any way. Go read retail sectors results for many uk companies. They are terrible and have far higher mcaps at least 3 times higher than ours. We our undervalued anyway imo
I personally see no desperation. It sounds to me that ruyi are trying to convince bagr of the deal going through by extending credit terms to 2020 and allowing bagr to order more fabrics plus giving 1.3 million of free machinery and also providing bagr with free support. I think bagr are getting just as fed up as we are hense why ruyi have gave the sweetener to us. Obviously if we don't get this then the deal off. Results late this year so I doubt they have machinery. Will find out anyway now imo. If bagr where desperate it wouldn't be ruyi offering what they have offered. Read rns it states convinced bagr senior management of intent to complete deal. Also we had a hefty non refundable deposit.
Can't see Bagir pulling out as they sounded desperate to keep the deal alive hence allowing the extension! Depends if the new CEO has any balls to pull out!
I thought the final extension was provided the equipment lands before end of Sept. So I don't know how they can delay it yet again. Total silence on the matter.
option 2 me thinks
prime
Ok, taking bets on the options:-
1) Machinery delivered bang on the last day
2) An RNS highlighting that they still want to deliver the machinery but another month or so and usual delay jargon
3) Ruyi have pulled out for whatever reason and we can crack on!