The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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To clarify I mean better term to re finance current outstanding debt.
I’d be happy with +2.60. More interested in consistent and steady upward momentum to close the value gap versus peers over the next 6-12 months.
Haven’t posted for a while my break even is around 2.7. Excellent price move in the last 8 weeks. Hopefully LT investors buying in to the value story and management have consistently delivered for the past 18-24 months. If it reaches £4 in good time, I’ll be happy but it’s been a very drawn out story and I would have been better off investing in a ETF for the past 4 years.
Let’s see I’m patient and another 4 years from now who knows.
I’m interested in what will be offered for an initial dividend. Will they be conservative due to capex still on going for 18 months. Or will they try to push the share price along and aim for consistent dividend yield target of say 5-6%. Might even suggest a high div to get momentum behind the SP. finally I know they are paying off debt, at what point can they negotiate new debt with better terms?
Ueseless SP prediction : tomorrow end of day 218.
......BS. Read ya posts at the time. Those who did what you now claim to have done, you were calling rampers and full of BS. Good luck if you got a few. I couldna give a monkeys. Just ur double standards are not right.
Fair answer Cap. Believe it or not, I've stuck with it in the hope of retrieving badly invested money. But make no mistake whilst MC never wants to discuss or answer any questions on the sp, he and others have paid themselves handsomely over the years. It may someday get back to where the long term holders need, if any are still holding.
Profit, you're a Johnny Come Lately with an unfortunate mouth. You're tag name suggests that you wont be here for long- thanks for that.
It so happens that after chasing down a falling sp over the years, and failing, I had some spare cash in my pension, not much £10k and noting the improved figs from KMR and the fact that it was at an almighty low, I stuck it in at 181p. Nothing to be proud of really but a fact.
Skid, you are quite right. It is not an achievement. I said as much in my post. Not sure why you are even asking the question. My losses were in the first couple of years, never to be recovered. Opportunity loss does not come into it as the loss was already incurred. The achievement here was to stick with it, ignoring the downbeats or is it deadbeats on the way. After the recent climb which may be immaterial for you but not for me, the last 4 years have now on balance been very profitable. That would have been an opportunity lost.
What a prick. Spent months trolling, rubbishing KMR and now after tidy rise, magically brought a few at the bottom pre-rise. Yeah right, pull the other one. Or was it posting one thing while doing another. Don't need your sort round here or anywhere else.
Interesting, Cap that you deem getting to breakeven an achievement after 6.5 years. Others might view it as an opportunity lost but then its all just interpretation? Had you stuck the dosh elsewhere, instead of chasing the loss, what could it have been worth? I myself bought some at £1.80 as I had some spare cash in my pension, not going to whoop and holler over this gain as its a long way from satisfying many long term holders.
GBX 10 short of break even is an excellent position to be in where we are currently just over OO with target of GBX 460p. I suspect there are several who threw everything at it in the pre-consolidation prices of 0.25p and thereabouts while the hyenas were whinging. I sold 50% of holding from the lobby of the Westbury after the 2016 AGM and have since bought it all back lower. Simple rationale. Could not afford the risk at the time and have since made up for it. Doesn't change my view of the company, just need to manage exposure appropriately. If you're wondering about selling V holding while still positive the stock, the part I held was still in six figures (about as low in six figures as you could get mind you!).
I am. Yet in my case, have to admit that having started all this 6 1/2 years ago with 20k+, North of £60 (30p), I am now only 10p short of reaching breakeven - this counting all the 75+ trades purchases since day 1. Managed to reach evens in Sep 2016 at 3.60 which proved to be a false dawn. No real intelligence on my part simply to reach this point after all this time only application of the accumulator principle. Still, feels like a real achievement to make four years of gains to offset the 1st 2 years of losses, using confidence gained in no small part to contributions here. Things are surely well set this time around with capital gains to come to reflect this will become a very good income stock at the 60% payout level. Don't do SP predictions but hoping for a maiden dividend in range of 2.3-2.7p, with double in the spring. Let's see.
P.S. "AEX" (waiting for a licence, fun money only, funner than PFP, ...)
If/when you get to H&P's (and others) ~ GBX 460p, you are going to re-rate.
EBIT est. 2019 through 2022:
98,759,500.00 - 116,087,568.75 - 134,599,485.02 - 154,379,005.00
Once you're done with development capital and are generating $150m p/a in cash?
Those numbers are coming from increased volumes and reduced unit costs, not price increases.
Trade war and Chinese economy is an issue.
Hopefully DT is gone in 2020.
KMR has previously been valued at GBP 1.6b. I'll take USD 1b.
Hope yourself, Greeno and Capasoka are happy with what you got in the GBX 170-180 range. I am ...
I was just wondering when Nosi, Peace and Skid would start the SP Prediction game again. But they seem to be a little quiet.
FYI I’m still happy to say the indicative value of the FY19 cash flows are c. £3.60.... with upside potential!!!