The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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c.10p on results is my expectation. I think we'll announce record revenues for the start of the year and guide to FY profitability (albeit with a big caveat around uncertainty due to Covid). We'll also get more details on upcoming product launches (like CBD) which will be exciting.
Good evening Aba, so how's things looking? Apparantly you had a 20k buy yesterday and a 12.5k buy early this morning. Shame, it couldn't have happened to a nicer guy! Who is the "moron" now?
Added £12.5k. GL all in the coming week.
If they play the same shenanigans like dropping the price, I am ready to put another £15k. I took a gamble not to buy into close of play hoping it drops first thing tomorrow morning but let's see.
Of course you have Aba.
Try to keep the messages civil guys.
You are a fool Surfie1961 to suggest otherwise regarding my N/T attempt. I have bought up to £20k worth alone today, going by my history down I look like one who have time to play game. Bloody moron.
What a load of old bollo**s, I can easily buy on HL. I suppose it could depend on your broker but I have ssen people say this before when it's just not true.
Could get a quote for upto 12k shares but above that it only at “market best”
Don’t forget to some above and others reading... NT just means you cannot get a quote to see..... you CAN still put an order through and you’ll get “best price” available. I’ve been there plenty in the past.... re-fleshing for a quote you can see and then losing out to a higher price eventually when I could get a quote. This share has been and still is on the rise (and I don’t mean in the hour, day or even week necessarily) so if you interested and it’s lively out there....get on with it! You could always average down if does drop back down to a level that you’re more keen to see.
Sometimes I may make comments that are pretty obvious but we all need to be reminded sometimes.... of the obvious
Easily bought £6k worth, just depends on the broker......
No need to worry about me gen.
Stupid to pay 6.80 but had to do it getting frustrated. Managed 6.20 earlier to reduce the average. Finger crossed
Deal sizes are being heavily controlled - a few minutes ago you could buy loads but not sell many.
Why drop the price if you won't let people buy. N/T for the last 30mins?
WTF!! Can't buy not even flipping £1k in batch.
Yes exactly - we're reporting a negative EBITDA FY 20' but actually cash slightly up YOY I think. Wyndrum - Let's wait and see come March 18th but yes I believe cash will be c.£9m possibly even slightly more. I'm sorry that you've not managed to get back in.
Don't forget that we made a loss last year but conserved cash. That might have been to flatter the results, meaning that a splurge of cash could be necessary.
well, to generate £1m cash profit in 2 months says EVE are on course to make £6m in the current year. And you think that's conservative?
I agree. All of the signs point to record trading and so given that we were cash flow positive across a 6 month period last year we're almost certainly so far this year. 9m cash is conservative. But again. Let's see.
It would be a shocker if we weren't EBITDA positive for Jan and Feb (as we were on some months last year) but it looks like we've been low on stock so cash may well have been spent on inventory as well as UK marketing and activities in France (including production of TV ads and increasing inventory there as well.
Wyndrum - closing year end cash was 8.3m albeit 300k of deferred tax payments. I strongly believe we're now cash flow positive hence the 9m. Let's see in two weeks.
Not sure exactly I know where you are getting figures from gen? £8m not 8.2m and why is there now £9m in the bank?.
Also this from CC in the last TU in Jan
"..... Expansion will be managed in a controlled and disciplined manner, with the initial focus for investment on the Company's existing French market. Having already completed the restructuring of the French business and its cost structures, the Company is now ready to invest in both its B2C and retail sales channels, adopting many of the same strategies that have been deployed successfully to scale the UK business, including its first new TV campaign in three years. The investment required to scale the French business will come from the Company's existing cash resources. "
So, the cash balance of £8m is going to be used to develop the French market . It sounds to me therefore its not going to come out of current cash generation, which further suggests to me, that if EVE is running at a profit, its a small one.
I don't know how the market will react but its only been 2 months since Jan and unless there is a major surprise then, based on what she has already told the market, doesn't look like a lot of upward momentum will be generated?
This is a difficult call I think, to decide where the SP will go on results day. GLA
Turn positive now after the morning below 6p drop....huge swings recently so if rollercoaster is not your cup of tea then look away....
GLA.
Looks strong resistance around the 6p mark. I can see things moving gradually up from here in the run up to results and then spike from there. The downside feels v low from here. Can we get into double digits this time in two weeks post announcement? Fingers crossed.
Oh, ok March 18.