The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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RNS OUT
Yes I think you are right. Mind you wish I had recommended people to buy this morning before the rise!
Yeah, I was just taking the mickey out of wessleys post pdub by changing the price and timeframe he referred to to show how easy it is to be selective to further an agenda. With Wessleys post no longer their it looks a bit daft on its own :)
I thought he was being rather selective with the timeframe he was using to 'prove' his point and thought I would cheekily push it back a longer timeframe when recommending to buy the share was a good move.
Hi pb940 I’m not sure that I was telling people to buy 7 or 8 years ago as I try not to do that. It’s a long time ago so I can’t say for sure. However I can say with certainty that I said Fortune had the vision and talent to deliver on his plans and create shareholder value, which he subsequently did, and that those with patience would be well rewarded. A friend of mine sold out in mid 40p and he was certainly well rewarded!
Clearly the collapse of the V price and Covid have changed the picture somewhat but the expansion plans have continued, as have the developments in energy storage. With V prices on a continuing rising trend and the company up scaling its production capacity and efficiency it can surely only be a matter of time before the share price adjusts upwards once again (and I don’t mean the odd p like today!!!)
The serious money to be made here I believe is as a medium to long term investment. Short term profits can be made too but I think it is longterm investors who will do very well.
This of course is just my opinion. Other opinions are available.
Wessley thank you for your polite message.
However I don’t think I tell people to buy or sell. I state my opinion, label it as such and encourage people to make up their own minds. Is that so wrong .... on a discussion board?
You will note that I don’t even label a ‘strong buy’ or whatever in the space below my name.
But once again thank you for your polite and well constructed response. A lesson to us all!
PDUB - werent you telling people to buy at 4p 7 or 8 years ago?
Keep your long arse essays coming :)
Sorry Wes, I omitted the word mass in front of the word debater
Wes, we’re you on your school debating society ??? I gather from your last message you are a keen and frequent debater .........
Wessley - you certainly have a bee in your bonnet - are you invested - or are you purely after a lower price?
I certainly remember when the sp dipped below 1.5p, with people like Tom Winnifrith, writing a number of articles suggesting a 50% dilution to keep the lights on, what a load of tosh, I really felt for anyone who believed him.
What did I do back at that point, took out loans and cash on credit to buy as many BMN shares as I could. I certainly do not advocate this to anyone else, and many LTH's posted concern at my action at the time, I think Pdub you were one. However that was the level of my conviction in BMN at that time and certainly is now with how much progress has been made to date and what is lined up for the future. So clearly I am all in BMN and if I had time to remortgage the house to buy shares at this price I would. Instead I shall buy what I can next Monday.
This share has always been about creating legacy wealth for me not a quick investment in the morning hoping to make enough for a meal deal by lunch.
My view on the subject title is that history does usually repeat itself, but either way people need to make their own choices and either invest/hold shares and enjoy the ride or leave and look back in the future to see if they made the right call.
Many of those posting or just reading the bb today will not have been here in 2015 / 2016 and therefore will have no idea just how similar the moaning, complaining, trolling and even questioning the ability of the CEO is to that period.
Equally there were those like myself who simply said have patience ... they are building a business and have faith that they will deliver.
I am sure many found that a hard message to swallow when the sp dipped below 1.5p from a normal trading range of 3.5p to 5.5p. However those that had staying power and the courage of their convictions enjoyed the rise from below 1.5p in 2016 to nearly 50p by late 2018. I will leave someone else to work out what that % rise was (Perhaps one of the derampers? Fizzy are you up to the maths?)
I see exactly the same pattern emerging now. The company quietly getting on with business (yes ... perhaps too quietly) whilst the negative hoards increases in number and confidence. Some even bold enough behind the safety of their keyboard to question Fortune’s competence.
Mms know that impatience is the pi’s Achilles heal. They are very very clever at taking your shares. The derampers and moaners simply aid and abet by raising questions, doubts and fears. Will you be one of their victims?
All evidence screams out that BMN is hugely undervalued and at some point will see a large and possibly quick re-rate, at least that is how I see it.
If history does repeat itself will you enjoy the benefit or will you have jumped ship chasing dreams elsewhere? No doubt the mm’s hope the latter. Your money ... your choice.
There is way too much noise on the bb (including from me). Keep an eye on fundamentals, the business plan and its delivery (plus of course the V price!)
Push the noise aside and you may well see a company with a very exciting future that is currently very undervalued.
I must stress this is just my opinion, NOT investment advice. DYOR. Make up your own mind. Don’t be led astray by the bb dark forces!