The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Got in today at 8.40p and enjoyed watching it head up! Would have got in earlier of it wasn't for the day job. Damn people organising meetings when the markets open!
I belive this share dropped due to people getting confused about the rights issue at STOB and I expect a climb back to 9p at least this week. I like others have seen plenty of ES trucks on the roads during lock down
More buys then sells on Friday. Hopefully this will start to rise from tomorrow.
I dropped out of Avacta this week with good profits, some of which I invested here and elsewhere. The deciding factor for me was that the low ESL SP allowed me to buy a decent volume, thus if things turn out well I can top slice :-).
Thank you for your response Bojo, I have indeed done well with Cine and have also taken some profits, some of which I was thinking of investing here.
Hi Robert, it sounds to me that you might be interested in this as a recovery stock? I might be wrong. I have noticed that you have also made contributions to Cineworld chat. I hold both although I have top sliced CINE and riding a free there.
My own opinion of this stock is that it is clearly discounted from its highs and therefore on the face of it has some potential to recover although of course this is not guaranteed. The current price appears to be cheap 7 to 8p compared to it's highs. Personally, when I look at stocks like this that have had a big drop, I ignore the highs. IMO this is a distressed Company and not the same Company that it once was and therefore is incapable of achieving such high's unless it totally reinvents itself. The question is then, what potential does it have? I believe that in the short to near term it will be carried along with the 'bounce' that the world economy is beginning to experience. Longer-term if you are willing to hold then you will have to DYOR and look at the fundamentals as the messy situation this business has found itself in is risky. The Company appears to be somewhat unloved although buying back the brand name is a very positive move in the right direction.
My own approach is to have bought in at just over 7p, if it is carried on the crest of the wave of recovery I might see some rewards. Then I may top slice it which will leave me on a free ride for the long term.
Just my opinion DYOR
Hi,
I've been looking at adding a high risk/reward holding and this has caught my eye.
I've been researching the companies recent history and finances and it's interesting to say the least, you can see why the share price is where it is but I feel it may be over done.
My thoughts are looking at some of the contracts they have, they may not be that heavily affected by coronavirus, busier than ever I imagine with some.
What may be a stupid question not knowing the ins and out of running a business like this. How much will the oil price drop have a positive impact on the bottom line? Obviously it will help, but how much? I've been working through this pandemic and I've certainly noticed the difference and I only fill up once every couple of weeks!