The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Owing to no M&A having occurred in the period, the figures will be interesting as they’ll purely reflect the efforts and capabilities of the management. I don’t envy the broker having to apply lipstick to this one…
Raaydaar and Martinigirl, what price for the next placement?
Audited Full Year results due to be published tomorrow so we'll find out.
Also suspect they'll be an updated Broker Note from Allenby to give us more context/general updates.
I know communication hasn't been good over the years from this board but this is starting to take the biscuit. What is actually going on here if anything at all
What happened to the Q & A sessions and far better communication from M Wards RNS.. something doesn’t add up imo, I sincerely hope I’m wrong.
What a complete 5h1t show this is turning out to be.. I can’t believe some of you large holders are happy in the way this company conducts things.. 8p to 1p not one single trade to so far today.… unbelievable!
No news since the 22nd December 2023, the CEO is enjoying his life style with the money of his shareholders.
Mr Alder and Martinigirl, still confident that everything is going to plan, what will be the placing price 1p?
Mr Adler, how do you manage to have my post deleted? You still need to consult a doctor about your addiction on Prem, this is not healthy. You have to get through your losses, it's Aim for you.
SP is down about 50% in the last year. What do these numpties do all day?
Keyhole, AGM coming up soon, rather than go to Bermuda you could attend and ask your questions directly.
There's been tangible growth, just hasn't been reported via RNS.
That update was in the half yearly update from June 2023. Nothing tangible on AUM growth been achieved or reported since. There is nothing new in the pipeline, so my expectations on the next update are low, just the continued frustration with sitting on a substantial paper loss for the foreseeable. Anyone fancy a trip to Bermuda to demand our money back?
We expect our cash flow to improve, and we continue to believe that we will not require a placing of shares, unless it is for strategic acquisition and growth purposes.
We continue to advance our buy and build strategy to ensure continued and substantive ongoing growth of the business. We continue to be presented with and review potential acquisitions that are both complementary and supplementary to its existing businesses which will further enhance free cash flow and move us close to executing the 2B plan.
No news since the 22nd December 2023, the CEO is enjoying his life style with the money of his shareholders.
Very strange that you did get an 2022 Annual Recap and Fund Results in March 2023 but nothing this year!!!
Mr Alder and Martinigirl, still confident that everything is going to plan, what will be the placing price 1p?
I wouldn’t hold your breath.. I think our CEO has forgotten it’s a publicly owned company🤐 tbh.
I see! Still hoping we get some though.
It's a bed and ISA I'm afraid
Big buys today, someone confident we'll have news?
It was certainly asked a while ago and an update around the strategy for the fund was going to be forthcoming along with an update about the AUM injection. We then haven't received either so definitely worth querying with IR I'd say.
It's growing, but if this website is correct 43.5% of the Fund is still in cash. I haven't looked in for a while - has that been addressed? Its investment policy to the right hand side states The fund will invest, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes), in Credit Investments.
I've been here for years, but the company does need to start up again. We've had a storm in the corporate bond market and, with rates where they are, it's well documented that cash has been pouring into Fixed Income (all of those bonds on their factsheet are vanilla). AUM will also naturally increase as the value of their investments increase so if they are sitting on near 50% cash this feels like a hugely wasted opportunity and why would anyone pay TER fees of nearly 1.5% to sit 50% in cash?
If it's not been asked, I'm happy to write to Mark Treharne...
You are not right in the head with your twisting of facts.Deleted
“Performance since Inception -14.58 %
Nothing to tell Aunt Vera about. Sorry Vera.”
Of course you know that relates to the period before Alpha took over fund management? Right?
Cheers Cszjrh01. It is growing :)
Performance since Inception -14.58 %
Nothing to tell Aunt Vera about. Sorry Vera.
On a slightly more helpful note, here is the current AAACX figures: https://markets.businessinsider.com/funds/alpha-alternative-assets-fund-us00216g1040
Postcard received from Bermuda - Dear UK Shareholders, weather is great here thanks. Nothing new to report really, plenty of cashflow to maintain my comfortable lifestyle. Oh the growth plan? yeah sorry, we've kinda given up on that. seeyuz! G.