The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Wolves I’m a lth and agree coronavirus has no logical impact on the specifics of PHE. Its just that everything tends to get blighted with the same broad brush of negative sentiment, plus, cynically, I fear people (who can) use the excuse of some wider issue, such as coronavirus, to manipulate situations for their own gain. At one point today I think PHE was down over 20%. Then back to down 5%. Was that purely down to market forces?
Hi Wolves, we haven't spoken for a long time, hope you are keeping well.
Yes, the regulation surrounding medical waste was considered too onerous by Keith but that will not stop a licensee who wants to go down that route doing so.
That is the beauty of the licencing/royalty model, variety and mass.
I'm sure I recall DR saying that the DMG units would be built and commissioned off-site.
Tatty99
The statistics on Coronavirus can be found on this link.
https://www.worldometers.info/coronavirus/coronavirus-age-sex-demographics/
The age demographics is worth a look. If it got hold (absolute tipping point) what happens to consumption by consumers. How would it effect PHE? Have there been studies regarding age demographics and the type of profitable waste feedstocks that PHE is likely to need? Will there be more medical waste that will need to be securely controlled and disposed? What temperature is required to destroy the Corona virus from the surfaces of medical waste. Has PHE a solution that governments may need if it hasn't got sufficient capacity already?
Whilst it may sound callous (I certainly don't wish illness on anyone), sometimes opportunities develop from a threat. There was a time when medical waste was being considered by PHE, but I was once told that it was put to one side due to the onerous regulations. In time of crisis, regulations are sometime reduced based on risk and benefits. Is this a potential opportunity for PHE?
As a LTH of PHE, the short term-ism of the markets has not influenced my decision to hold. The issues relating to plastic and rubber in the world will still exist, the planet will still need to be cleaned up. What is most important to me is the Planning meeting on Tuesday, the timelines for placing orders and manufacturing the first plant, the contracts for feedstocks.
One thing I do agree with MAT is that the plant can mainly be put together off site. The speed to build a proper site base and road link to build a structure on can be undertaken very quickly. Birds may create a slight delay but modern modular construction is very fast.
Are there risks? Yes of course, but I consider PHE & DR have an exciting future. Successful first plant? I believe it will then sell itself. I am very happy to hold my current shareholding in PHE and looking forward to many years of dividends. Telephonemans posts are always of interest.
Wolves
I think PHE ended the day “relatively” unscathed but I fear this coronavirus effect is going to get much worse before it gets better. Good luck if you are prepared to sit it out. I think the planning application will get the green light next week. Cheshire West and Chester council are very pro environmentally beneficial schemes having watched previous planning committee webcasts.
LedZep Sounds good to me mate, thanks for the fast assist........
A big REC...........
A bit of a tin hat day all round today but at least PHE recovered a little. Somewhat unfortunate that PHE could be heading to a red letter day if the Planning Application is successful, (which it should be with the approval recommendation), with a market headwind created by covid and its inherent fears, real or otherwise.
Despite the sp fall over the last few days the technology remains the same along with the support of Peel Environmental, wanting to push along with the 5 DMG projects.
Kenny:
From memory all the Planning meetings start at 4.00pm, and looking at the number of applications submitted, over the past few months, its taking about 20 mins for each application on average. Maybe a little longer with ours owing to the industrial nature.
So, to me, most, if not all of the groundwork/prepwork has been completed, hence the recommendation by the Planning Officer , to keep proceedings swift and sharp
Personally I don't believe ramping makes any difference without money behind it, either long or short. What we write on these boards doesn't make a difference except to the blood pressure.
Dreamers like me fell hook, line and sinker!
Many of us have had a stake in PHE for years and to sell at 1.70ish made perfect sense. Both me and my partner sold at this level. That doesn't mean that we have lost faith in the company quite the opposite. It shows what this company can do when sentiment is with us. All rises run out of steam and it makes sense to take profits and wait until it retraces. When it returns to a sensible level then we go back in with a larger holding.
Another level here though, it went to 1.7 on nothing, I was holding for actual news to support the rise and nothing forthcoming.. I'm the mug, was just hoping just this once it might work outt. God knows what they are doing.
Newboy all my stocks are down it's the biggest market sell off since 2008 because of global recession uncertainty due to coronavirus,, tight lines all round hold will get a lot better .
What a depressing turn of events here. I guess someone has taken a huge amount of money out of PHE with the pump and dump, hope they are happy with their ill gotten gains and I hope the company can get past it.