The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hi Trek,
Yeh, still a big believer. Try not to post much on the BB's; especially here where I'm out of my depth in terms of the tech stuff!
Just a guess, but wrt ImmunoINSIGHTS contracts. It may well be they are waiting for capacity at the Dortmund facility to increase as planned, before agreeing?
p.s it was Morgan Stanley. They didn't continue, just small numbers. Although the 1 was there's today.
Hi itsyou,
Glad you are still here. If you added all my sold shares to yours then may be a TR1 from you soon! Lol!
Yes I remember you saying on DCTA bb you were mostly in cash. Probably wise atm. I am on the ‘wall of worry’ hoping for a Santa rally and then will take it from there.
Likewise I gave some back some over the summer. That’s one of the reasons for going for yield now bar a few potential ten baggers (dreams!).
FY is as you say £5.6. I missed off outlook! Hoping interims will be near 10. That would be quite something.
This intrigues me....
“The ImmunoINSIGHTS pipeline of qualified commercial opportunities has continued to grow throughout FY21 and currently stands at more than 160. A number of these opportunities are in late stage legal documentation and, as a consequence, the Company expects to sign these new contracts in Q1 FY22. ...”
The Sept 20 RNS may be one of the two major pharma deals but 160 opportunities...wow!
I am looking forward to more detail on that and I think the guidance could be very bullish. But then I should know Adam uses words more than numbers!
Good luck with your investments
ATB
Trek
Well done Trek on your strategy! It's always great to hear success stories.
As you may recall, I went to cash last year and most is still sat there doing nothing. H&L emailed me the other day about how I'm not earning anything on it. After a very successfully run on AIM, I was also going to put it into Dividend plays. I did briefly put a couple of chunks in HOME & GSF for the Divi, but instead took out the gain of SP, which was more than the Divi. Plus, their business model is to constantly dilute, to grow.
I've had a few trades along the line, gave some gains back along the line(you can't win them all), but have for the last few months being constantly adding to me ONC position. I may have bought yours ;-) I'll look after them for you!
BTW, I thought they hade already guided at £5.6m for the FY results?
Well just tipped some in. 4500 shares. It will show later. I don’t mind buying back and paying more it’s what you sell for that counts. Spread has put the trade £420 down! Not much liquidity here.
Anyways.....
“The Company expects to announce its FY21 results in late September 2021...”
Could be tomorrow but defo soon!
The market may be fixated on deals rather than revs (we could see close to £10m) if it drops because of no deal I will double up. The difference for this on income really isn’t much. But that’s it a plan is a plan! Lol!
Usual caveats
Trek
Hi AgentB (tenBag),
She still has some HE1. We sold a load after they lost the drill. It was obvious then that it wasn’t going to be plain sailing so changed mind and took profits. I also later had concerns about the finances (I posted). They are using money now (phase 2) for different things than they stated in the raise.
It was a question of timing. We needed cash and HE1 was a hefty, risky position so sold 550k shares at around 24p that went part way to helping one of the kids onto the ladder. Still hold a few, a much more sensible position, for fun though.
Note the spoofing trades here. Orders placed keep getting pulled, minus sign before the duplicate trade.
Still watching this one and if another comes up this week I hope to flip back in here.
Ps. I don’t hold AVCT anymore sold the lot now and bought GLO, yawn! Lol!
Good luck with your investments
Trek
Hi Trek, I echo the sentiment here. Thanks to you, my portfolio is looking much more healthy and I’ve managed to tear myself away (largely) from Avacta - a stock that I made the mistake of falling in love with. I just wish I had followed your advice and kept cash in August! Also, I’m interested to know whether Mrs Trek is still heavily into HE1 - or has she also become an income seeker?
Hi guys,
Thank you for your kind words. Usually I am lambasted for posting any change of tact. It’s refreshing to hear your comments
Firstly, don’t sell your ONC unless you have to. Look at ERGO as a comparison. I rode them, sold too early but their latest interims were ‘in the price’. ONC’s finals are not, peeps are on the sidelines. ONC could follow the ERGO chart!
Irrespective of the SP in Nov this is nailed on going north or a takeover in the medium term. I held HZD and LID taken over in same week & I called both!
One of the many reasons why I couldn’t hold a blog is I am a very active investor and react if the data changes often quickly. I couldn’t live with the thought that I had lost someone money.
Anonymity suits me. But I have had many many comments over the years that some folk have made lots of money from my tips. Duke and others on ARB credit me with literally £millions! That’s not an exaggeration! I hope they do good with it.
My motivation is not money, it’s the difference money can make. I have enough and would just benefit from a little more income. My target now is to make a £100k charity donation in one hit. I hope TXP and SAVE facilitate that, obviously that will be after family but it’s a nice objective.
Anyways for tips check out LBE if you have the stomach for a potential bumpy ride! I bought at 70p and still have a few as sliced some to buy PAY. Only posted once there but it’s getting to the business end now and should hit £1 soon. Fully funded for 7 drills two are underway and the third will be by year end. Read the interims. Info is in there.
Good luck with your investments
Usual caveats
Trek
@Trek,
I too have enjoyed following your posts and picking up a few tips along the way. All the best!
@ Trek - a big genuine thanks for your time and generosity over the last year, in sharing your approach and insights. I see you're switching strategy to dividend-rich FTSEs and away from the wild west AIM.
Thanks to you I've done nicely on TXP and managed to get into HE1 at 6.9p.
So thank you Trek. Don't be a stranger !
Good Afternoon Trek..I have always enjoyed what you write, even though I am not in all the companies you are or were in.
However, whilst I understand your decision to move to safer income producing shares, I think you are missing a trick.
Your higher risk strategy has enabled you to turn ‘ a relatively small starting pot’ into a much larger pot .Accordingly, you should seriously think of either writing a blog or start a subscription service where you offer your insight to the shares and market as you see it to investors like me.
I am an experienced investor whose total pot has increased but I know I could have done better.
Your posting alerted me to TGA and I have done well there.Interestingly though I have also found out you were in some of the shares I bought in late 2019 and early 2020….so please will you consider this request as if you are retiring at 51 you still need to occupy your brain cells and earn a good subscription income from your obviously well thought out research and profits.I hope you will respond . RIF
I must be honest. I am out of ONC atm. No other reasons than I am selling most and eventually all of my aim/small cap positions even now those I was intending to hold for longer.
I have had to find substantial funds to help family, which I am eternally grateful to be in a position to do so.
I also need more income having used up cash. I have been doing this (high risk investing) as a living for 6 years now having retired at 51 completely self funded from a relatively small starting pot!
I now need to be smart and use my remaining capital to grab additional income. It’s comparatively easy to spot potential winners in the FTSE250 compared to AIM/smallcap especially following covid as their balance sheets have been exposed!
E.g I piled into TGA before the herd, I mean lol!
But anyways...
Remember my first buy here was 85p, I was up significantly and took profits along the way as were my ‘rules’.
But such is the irony that I am trying to scramble some left over cash together to hopefully re- invest ahead of results and for the few weeks after. Remember it takes time for news to sink in here and there is normally good liquidity to sell into following the results.
I am talking ‘just’ around 5k shares now if I can time it.
Liquidity together with income have been some of my reasons for selling here and elsewhere. One of my positions took me three days to sell and that was at a 25% lost. I just had to sell even though there was no liquidity. So that’s the risks I was taking. Be careful!
My sell is absolutely nothing to do with Adam and the team who are awesome! Adam has replied to all my emails and I totally respect him and his leadership and what he has achieved at ONC. This is a £Bn company in the making . £10 a share imo is a given a few years!
I just had to find significant funds pretty quickly else I would be still here.
It’s how it goes but likewise there are things more important in life than shares!
Of course I will still look in. I know you shouldn’t but I do really like ONC! It’s another gem I found ‘all on my own’ like DCTA, D4T4, ARB, NFC and YOU where I don’t post and have multi bagged on a relatively quiet BB. Then of course the covid plays most, well all bar SNG I have now exited. I only have a few SNG just in case! But all is now for review!
One gets tired doing this every day. It’s what it takes reading so many RNS’s & media searches every morning. Not a complaint as it’s easier than my previous but I am looking to now completely cash out.
My ARB average was 4.3p there was hardly a post. I just sold the last at 160p! That’ll do! Thank you.
Good luck with your investments.
Gradually easing myself into the sunset!
Usual caveats
Trek
R00ster - you are not alone in being in love with this stock - which I call ‘Once-in-a-blue-moon’…cos that’s how rarely an opportunity like this arises. Trek is our resident expert but he like all have gone quiet as we await some news to take us thru this £1.70-£2.30 area. V confident the sun lit uplands await.
My shares have also all tanked. But i bit the bullet on one of the shares that i held and sold in anticipation that Oncimmune's share price drop would be a huge opportunity to get in ahead of next months annual results and forecast for the year ahead. The SP has no other direction than to go up from here. It must go up.
I’d join you!!! But everything I own has tanked today! Everything! So we are dumping to survive the fall!
GLA
Alright all, i am pumping in another 2k to help the struggling SP a little. Let us hope it does not drop back into the 150s as a result. I am hopelessly in love with this abusive stock.... at these prices you would hope that investors start getting the tickles and jump on too...