The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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At a certain point sellers tend to dry up and the upside outweighs the possible down. This has burnt a few on the way down after shenanigans around 3p, but steps have been taken to move this onto a positive footing. Ultimately they have irons roasting in the fire, whether we need some more coal at some point is probable – but I believe they can turn this around. I have heard over the past weeks mention of news from Ethiopa regarding the potash mine tender, difficult to know anything for sure until it is formally released, but I wait in hope and expectation. GLA
We need good news as been in decline for a while now. Good luck!
We need good news as been in decline for a while now. Good luck!
Cards on the table, I am a buyer at this price. Looks oversold with potential news in the pipeline, JV with Orchid will be key - even a small contract win would see a marked increase in the shareprice here. The trick is to be in before the news, whilst the sails are empty - will move fast on a scurry of buys.
Your 1st post. Are you informed?? Becareful what you might say LSE police will get you.
Looks like we have news coming sooner rather than later, first JV contract award with Orchid could be the spark to the blue paper that holders are looking for. Trading at or below cash. Any positive news will see a substantial re-rate. Plus looks like a background buyer today... Always the time to get in whilst the boards are quiet and after a significant drop over a few weeks. GLA
Price still up on those sells. Could there be a big buyer in background??
It will move quickly when news comes one thing about adss they do not hype or bull s. pi s they are a good board and realised the market turn around on oil and made a good call. imo I like the board and that is why i am invested they are savy...
Is this an optical illusion the price has moved up today long way to go to make some money though GLA
I'm hoping so and yes it did seem strange.
No obvious reasons for the 2 price monitoring extensions this evening. Only a £360 late uncrossing trade. I suspect that there must be something going on in the background and that there will be news very soon.
Took long enough for 'JW' to get him to interview the first time, can't imagine we'll hear from him again for months. Meanwhile the SP is at the mercy of the market, and that market says I'm down -50% ....not a good feeling. Yes I could have averaged down, but don't believe in good money after bad. My holding will just have to struggle and survive OR go down the plug hole. My decision, my loss. However, still hopeful for a miracle. ghostwriter, fingers crossed matey, Hugh.
http://www.sharepickers.com/5-reasons-why-i-picked-adss-for-my-next-penny-stock-punt/ Wonder if hes still a believer.
I had another listen to asprey on the podcast this afternoon, lots of talk of the jv with orchid and contracts as a service provider to the potash mines of ethiopia etc. All sounds very positive but lack of news killing it atm. Trading below cash now. Im fortunate as only took a smallish punt here but still need 100% to get to b/e on it. Ths was sharepickers Justins 2nd penny experiment after afpo, hes still waiting. Podcast 346 on here. http://www.sharepickers.com/atlas-development-and-support-services-ceo-carl-aspey/
£3750 sells £4000 buys = -11.76% = Good math.
Im sure he is. Mcap 1.6m which is less than cash held which is £2.1m ($3m mentinoned as eoy cash in ceo podcast) Hopefully some news to lift it soon.
Im informed doch still holding for what its worth. .
We've had the pump, and now this is the dump? Surmising that Doc (and others) have already sold a chunk and moved on.
in recent times, we've had good bounces, even without news. Powder dry, but might have my first top-up, if I feel this is bottom. GLA, Hugh.
Beer porduction growing at 14% per annum, the bottling plants cant keep up with it. The article was published months before adss declared their interest in this field im sure they have done their due dilligence. Didnt they state 12 months of discussions or something similar prior to committing. If your concerned iddrop them an email. At current growth rates by the time the plants are ready you can add another 28% to bottle demand, in 3 years 42% higher. I guess it depends how many more breweries open. Personally im not in here for the bottling plant. The support market for ethiopian potash mines was my reason to buy. Had no idea of the bottling scheme 3 month ago but it seems a sensible long term earner adding stability to the more volatile mining sector.
The numbers I took out of the article were: Overall demand of 265 million bottles per year (compared to 170 mill in the ADSS presentation). The three planned factories will add ~240 million bottles a year to the existing capacity. So even if 100% of bottles are sourced locally it seems that ADSS will have to compete on price and quality in order to find the demand.
Ive read that twice and it underlines there is a massive demand for bottles and that the plant mentioned can not even cope with supplying one brewery? There is a clear high demand which is currently met by massive importation of bottles Its that demand that will be adss market. I dont see any issue with another supplier if demand is so high and the other supplier clearly cannot meet it. On another subject hope to hear some news on contracts from the jv announced back end 2015. And also hoping we get some update on are interest in services supplied to the potash mines in ethiopia. Either or lands and i can see this getting a huge lift...
When the Ethiopian Bottling Plant was announced in November, the presentation suggested the competitive landscape was quite favourable. However, the following article seems to suggest otherwise: http://addisfortune.net/articles/glass-companys-1-1b-br-expansion-gives-competitive-edge/
Have been on the side lines, waiting for the best time to invest in it. Seems to be a rough market, might go lower.
opec expect 1 trillion dollars in cap-ex spend, good news for adss oil/gas divisions