The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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All possible positive news out there. Requires some major positive news for this to take off, and I don't see it happening in next 6mths. Ships mostly leased out for the year, so not much by way of contract wins either. Has to be something on the lines of the $50m raise (that it is not required)
I’m already a holder so I was pleased to hear that it is gaining more exposure.
Get aboard the rocket Beza and Fresh Matt!!!!!!!!!!! You took your time fining this beauty
Thanks for sharing that freshmatt. That’ll explain the price increase yesterday.
Article in IC yesterday about GMS. Agreed was risky but potential 10-bagger. Currently only on PE of 2. 6.5p is breakout according to charts.
Always positive when directors buying....even if it's a measly pocket money....:)
Actually, he was also buying around 3p, similar price to me. But we all know you didn’t buy any - ya missed out. Loser :)
Bless him, he’s doing his best to raise the sp to minimise the dilution from the $50m raise.
Exec chairman buys (again).
Whereas you’re a total tool, aren’t ya.. The shares have gone up materially in recent months. Many here have benefited. You have not. Loser :)
Is that all you’ve got, using what I’ve already said? I like the way you also make out I’ve lost, that’s impossible when I don’t have funds in here, not the sharpest tool in the box are you.
Yes, I can imagine you wee yourself regularly. Always happens when little people are beaten and have no answer :)
PMSL even more
I’m very much playing the ball amtech, and it has been placed in your net quite a few times. Please look at the score - the shares are currently 50% above where you started getting your knickers twisted and discouraging people. The reason you are losing is simple - you underestimated the impact of contract news and a rising oil price on the markets risk/return perception of GMS, preferring instead to focus on potential negatives. It is quite likely now, that even in the event the issue does take place it will be above the 3.8p where you started discouraging others, and one may need to own shares to participate anyway. So with an eye firmly on the ball - looking at investment returns and who predicted what - you are not looking clever right now. Surely there is a board somewhere where you’ve called something right?! … or is being 50% offside the best you’ve got.. ATB
PMSL
Ok muppet.....take that condom of your head and read properly
They were at $375m net debt at June 2021, the last disclosed figure. From that day till Dec. 2022, there is 18months
In 18months, they will have generated c.$120m in EBITDA and c.$80m in free cash after interest, tax, capital expenditure. That will leave them at c.$300m of net debt by Dec. 2022
Like I said before I never discouraged anyone, punters will make their own investment decisions. I asked about the second part of the fund raise for $50m and you ladies started blubbering, playing the man and not the ball. Still I don’t see you correcting anyone who think $75m ebitda will pay off $75m of debt, wonder why that is? You all know the fund raise is coming, you’re all just not big enough to admit it.
“Always happens when little boys are beaten and have no answer.”… without question, McCatee is currently beating you. Because you were discouraging people at 3.8p and the shares are now 5.6p to buy. In the event a 65% dilution happens around the current price as you suggest, the market cap will rise to circa £90m and the free cash yield will be 30%+. Still sounds like a very nice place to be. ATB :)
I see Arden Partners Plc have been brought in to Challenger Energy on their fund raising as broker and book runner.
Maybe your rocket ship is ready to take off to one of the planets that are aligning up!
Guess we will just have to watch it all play out this year to prove it to you. But I will buy of few shares for you so you don't miss out on the 12p
Sticks and stones Mcatee , always happens when little boys are beaten and have no answer.
Just get on board the rocket donkey! We will explain later
Well you boys and girls can stay with your ebitda numbers I’ll stick with profits the company makes which is what services the principal debt. Let’s see how much the debt reduces on the 2021 figures before starting to add in the next year’s guesses, unaudited results were in May last year so a few months to go yet. One thing is for sure they won’t reduce it by $75m for 2021 or 2022 without raising $50m of new equity, which at todays Mcap is around 65% dilution.
Have a nice day
18months is from mid 2021 to end 2022. We have the net debt figure as of mid 2021. (guess its too late to go back to school)
Also end of 2022 is the deadline to raise the $50m
Yeah rightO