The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Wish I would have the bottle to top up when it dropped haha!!
no idea why it dropped!! but that is the market a lot of the time it makes no sense. maybe someone wanted some more shares... full update end of the month and hopefully info on new contracts
Glad it's gone back up
Not sure why they bothered releasing that. There's no context to the financial update. Earnings, costs, debtors, creditors? And the new contract wins? At least we're going back up again. We'll hear the fuller story by the end of the month or the first week in February anyway.
If it's that great why has the sp dropped
Brilliant news no more dilution and back on track GLA
Yes, good to sesame new interest from investors. With a hopefully promising trading update during Feb I believe, Im expecting a lot more interest in the next few weeks, and with a low ratio of shares available to private investorsit only needs small buying for a quick share price rise.
Looking good, hopefully some new government contract. GCHQ already on board and possibly some NHS departments? or MOD? GLA
This has been increasing steadily all week. I think the quarterly accounts for the last quarter are due and the market is expecting good news after the last positive RNS, stating that we're back in line with market expectations following two significant contract wins. Looking forward to hearing more about this.
holding back trade in the little company.
According to the last RNS so we should be seeing some serious movement on this sp before Xmas
I wonder what those two 'significant' contract wins were- and more importantly who for? My favourite fantasy is the electoral regulatory body, wanting independent verification of Russian adverts on Facebook, google and Twitter's influence on Brexit! Fingers crossed and we could kill two birds with one stone hey ;) It's probably something just as important, like banking security- they are the best in class award winners for electronic payments security.
Looking like the work is now coming through GLA
Cheap as chips at the moment if anyone has appetite. Less than half price of the IPO!
Bet you feel like a plonker now?
Its where I expected it to be; 100p or thereabouts, reflecting a better/true value of the business at the moment. If you got in and rode the wave to 500p and got out, my hat off to you to. Doubt very much this SP will do the same again!
Its where I expected it to be; 100p or thereabouts, reflecting a better/true value of the business at the moment. If you got in and rode the wave to 500p and got out, my hat off to you to. Doubt very much this SP will do the same again!
To buy now, seems good value at below £1
price currently is very good value for any potential investors reading this board. DYOR GLA
They rarely get it correct....
The shares bought today are reported by LSE to be 2462 but they haven't included the 12195 shares bought at 13:02 today, so the correct figure should be 14657 bought. Does anyone know why LSE might be reporting incorrectly?
Testerguy, interesting post. I looked up an interview from Ian Mann, the CEO yesterday. They are well positioned to take up the growth opportunities for GDPR -they had 10% of the FTSE before the IPO. My feeling is that they under-planned the change. Doubling capacity and they plan to quadruple their staff numbers- that is a big change. They will be bringing in skilled people but they have their own IP and methods and they offer all keys standards for prevention, testing systems and managed support. It does take organisations a little bit of time to bed in big change. They say they underestimated that so not necessarily useful to speculate on the nature of it all- but certainly not unusual. I'm frustrated that they still haven't hired a PR manager- yes they seem to undersell themselves a lot. I agree with you that they need to promote their client base but as you say there's a tension with that for cybersecurity- clients want confidentiality. Ideally, they need to try and get more clients on board with acknowledging contract wins- as you say public sector contract wins are normally in the public domain and they are in all sectors. It won't take much to transform their fortunes. They now have double the staff, they should easily double and later treble their revenues once they are working confidently together. My worry about the non exec is based on information in the public domain about his previous experience. He's associated with a lot of other Aim companies. Sportingbet and Eg Solutions both came from underperformance to exceeding expectations within a relatively short timeframe and were eventually positioned for takeovers by William Hill and GVC respectively. In the period after the IPO, Eg Solutions experienced a steep share rise, a steep fall and steep rise again. I'm sure that's very typical too. What seemed odd with EG Solutions is that their weaker than expected profit forecast suddenly reversed (after a big SP fall) with lots of wins being announced-but previously there had been a distinct lack of confidence expressed in earlier trading updates. Whilst it's clear that no-one knows they've got a win until they do, you often have a sense of how things are going. The trading updates suggest that ECSC are being invited to submit proposals (so a lower competitive base is implied, also confirming their positioning and recognition as industry experts- you can only have invited tenders when there's a high degree of expertise and limited number of providers to meet that) - and the number of these have increased substantially. I suspect they're being advised to be quite subdued about the potential since they are behind market expectations. Who sets expectations? Who wins and who loses when prices go up and down very sharply? Anyway, I expect that's just how things are. I had this na�ve idea that we should buy long once we've found a good company with excellent growth prospects! Have a good day Testerguy
@Trickymatters Do you think it could have been bad guidance from the Execs which caused them to overreach? I have noted a few longer serving staff have left since the flotation (linkedin not the best source). It could mean a shake up internally which would lead to the weak sales, if new staff were being brought upto speed, or maybe on overfocus / over paying on the sales personnel and less of a focus on other business areas which is causing some pain now. There is a sharp decrease in utilisation however, from ~75 ~50%: Consulting margins have fallen in the period to 56% (2016: 71%).� The underlying pricing of Consulting days has remained stable in the period, with the decline in margin driven by the low initial utilisation of new staff as they progress through their induction and training cycle This would suggest that the training must be quite hefty, it will be interesting to see if these numbers jump back up now the inital bedding n of the new staff is complete. I worry that the reason there is quietness around the clientele is due to either weak, or old ties with them, however it would be no surprise if a connection with the spooks would want to be kept on the down low. Although it begs the question what services are rendered to the UK gov? As for the crest accreditation, it looks like they are a certifying body, not a authorising body as can be seen here: http://www.crest-approved.org/uk/members/index.html, which strangely offers nothing about the AUS site. Other multinational players in crest are advertising On the american and the AUS sites. Overall as you mention all they need to to announce some big clients, and avoid bad press and the price should jump up!
Agree Jonny I'm in a t 134 may drop but future could be bright here have to wait only looking for 100 percent anyway in with profits from another share
I’m in at £1.31 so not underwater from my perspective (just yet) will look to add if it sinks lower. So unprecedented lead generation just need people to close the deals. The time of year since the devastating trade update is known to bea quiet period in business so I’m still confident this can turn the corner. I noticed they’re recruiting sales people 100k salaries, just hope it’s commission based. The law changes in 2018 and a cyber threats are increasing. Yes plenty of mileage here and an impressive bod.