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.
Hi Jeffrey,
Its not just about oil
They put an impairment on the Balance Sheet when oil was low of 400m. Now oil is much much higher it has to be corrected on the Balance Sheet, surely.
Even if they only pay back half of it , that equates to 200m increase in our assets or 10p on the SP.
If tgey dont do it at full year results then the must surely at half year 2021.
Jeffrey - you were asking this 2 weeks ago at 18p. Sometimes if you snooze you lose out. In my view this is a serious re-rate and we will see 30p in short order, but you absolutely must do your own research
Views appreciated - is this the start of something good or will be peak too soon and pullback significantly. We were at 30 last year but I am twitchy whether oil will keep rising?
The card game PIT comes to mind , a bit of exchanging , but someone has to corner the market to win .
Meeting Reminder ; 16:29 GMT today
I would be very surprised if this year. My own priorities for this year are paying off the RCF, reducing the debt further with any excess FCF and another possible acquisition provided the price is right.
News of a dividend though would certainly wake up the II's
Wine cooler loaded with Champagne now:-)
What a week!
Thanks to everyone who helped motivate each other’s
Just checking so he alive:-)
Got little worried
Next year, P?
DIVIDEND !!!!
Did ENQ not calculate this for us?
The adjusted price after RI (which was done at 38pish) was 33p
Nice Work Tarmak,
Great Detail, Very helpful.
If we meet at the 60p Party. I will show you my Fag Packet, where I do all, my calculations. Its a lovely colour too !
Hi!
Wiggly,
A earlier price is not automatedly the right price and the market is always right for the day.
To get the right value is different and that is a point that every one who make the prognose think that it can be worth.
About the amount of shares is it like this:
Numbers before emission: 1 187 801 955
Price: 45
Now: 1 695 801 955
Calculated price: 31,52 (what you wanted to know).
You can see the calculation in row 139 in "uträkningar mm" in my files.
Keep the link if you want too look later.
https://drive.google.com/drive/folders/1h_a4jmSsXq2iypyHqoFXfo49pIZzmoid?usp=sharing
It is to prefer an other way to make the value of the price and I suggest that you use the FCF for it because it is an honest way and it is never lying.
Regards/Kamrat
The market must be thinking this oil price rise will not last or our sp would much much higher imv.
We may reach this party level to soon for us Sweeds to join. Must get a jab ASAP now LOL ;)
Sorry Wiggly wasn't trying to be argumentative.
I actually agree with your 45p valuation.
Just you offered a challenge - " give me 1 reason .......
Rumours everywhere. Squif caught smiling and gkb handlers keeping him away from window ledges.
It went from 800m in the OO. To 1,200m in the R.I..
So your timing would fit with 1,200m.
The market does not care about the share price ! All it does is value a company in £ or $. It does this by its market cap. It makes it valuations lets say 400m then divides by number of shares which then sets the share price on the exchange. The algobots fiddle with the valuation all the time which changes the SP.
All the best
JAN and my brother JUAN
I guess I missed the issue of a substantial amount of shares between Aug/2018 to date. What was the share count during Aug 18?
Wiggly,
Because we had "less" shares then !
Comparing time vs valuation - You need to use Market Cap - as a company's total number of shares may change over time.
Just trying to help.
30p fair price for today I think.
Much better position than last January when we touched 30p.
60p would be great and dare I say fair (assuming oil remains in current range).
Give me 1 reason why we should not, at a minimum, be trading at the 2018/45p levels?
Hi Wiggly,
Always been 60p for me.
60p = 1 Billion market cap. = Party
We should really be trading at min the August 2018 levels (+45p). Since then, debt far lower and oil heading higher. OPEX also down.
This is it lads!
2021 re-rate version 2.0
Absolutely Stonking open today. Shortest running for the exits IMHO.
30p next week IMHO