The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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this time we should get this to 10p and stay there. I yes many times this has happened.
hoping this will generate more further contracts. I have
As usual for last 3 years, never grow
Not really a growth stock.. projects are short and in-between. Has spiked before on contract news ... that was over 8 months ago.
Shares in Issue 35m
Market Capitalisation £2m
52 Week High 7.60
52 Week High Date 11-Dec-2019
wow!
almost size of mcap!
1.7m project to start immediately.
Tiny market cap. Can see an easy 10 bag from here!
Here we go!
. The project, which is worth approximately £1.7 million, will start immediately and is due for completion within the current financial year.
This is going crazy. Should double it’s MCAP today if not more. 10 bagger easy
PIP has been on my radar for a similar amount of time albeit it’s a small part of my portfolio.
I believe it’s currently as well placed as it can be to finally blossom and with the Goverment going down a path of infrastructure growth, this should bode well. The balance on the negative side has to come from the automotive sector but this should recover with the passage of time.
It’s never been straight forward here but I feel more positive than at any time in the past.
Thanks for the invite Ej , mask on , I had contact with PIP circa 1999 concerning an agency .
Not much changed since then I see .....but you never know . !
Yes Bunker, please do come in but maintain your social distance!
Anyone Home ?
Reassuring given all the challenges.
You make good points Oxo42 as this company has taken on different guises over the years.
It would be easy to have a pop at Mr Watts, such as the loan to the company at generous interest rates over and above what he would get on deposit, however, he has been prudent and overseen where his money has been invested which has Been reflected in the last two years imo.
We are reliant on him but he has enough skin in the game for me to believe we are invested at the bottom end and there is excellent scope to the upside notwithstanding the current economic situation which no one can rightly predict how it will pan out at this moment in time. I don’t buy the takeover approach as this puts all his eggs in one basket and over exposes himself. I do though believe he may build the company up and sell at an attractive price, retiring at his leisure and hopefully ours too!
Very broadly speaking, I believe it is in the interests of the Government to invest in building projects going forward as this has the most widespread benefits to the economy so PIP should also be in a position to benefit in the future and I am happy to remain invested at the levels I have.
For a small engineering company, there seems to be a bit of trading activity here and positive direction in the SP too which is encouraging given the current climate.
Oxo42, your buys appear to have coincided with the move upwards..... keep going!
Stay safe all.
An excellent set of numbers which in different circumstances would have propelled us to 10p +
Damn this virus and lets hope we can it out of the way asap.
Mcap is tiny and revenue should go up by at least 30% next week on half year report. I invested here heavily.
Mcap nearly 2M and revenue this year should be 9-10M. This should go to 20p minimum
Half year report within 10 days. If revenue and profit are up , we will see 10p on cards
Good to see the positive direction we are heading in. Hopefully some further good news on the way and/or the market finally waking up to a realistic valuation.
Given how previous years updates from GW had referenced Brexit as preventing commitments being made to the placement of orders and how well we have done in the intervening period, now that the handbrake of Brexit is removed and coupled with how positive the last RNS was, surely this is a company that is set to shine and our SP is woefully short of where it should be and indeed where it is heading....
Agreed, however I’ve decided to add to my already considerable exposure, half year results only a few months away which should show some significant profit for the first time in years.
Nice to see small but consistent gains over the past few days, those who are taking a look can see that it’s cheap as chips.
....that after such a major contract win together with positive guidance on current trading, we see the SP retrace by 15%.
To be at 5.75p even taking into account the debt owed to Gordon Watt, feels like a major disconnect to fair value.
In the lead up to the rns. Looks a bit odd