The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Been a while
So it looks like I was right
I see your point Arxxx.
What is worrying in the 17th Oct RNS is that £1 million was settled with shares to partners. "approximately £1.0 million of amounts owed converted into Subscription Shares."
And I repeat Alan Sellers is not selling and shares have been diluted due to staff incentives which creates change in holdings.....
Arxxxx, look at today's RNS, bunsenburner is talking about Alan Sellers selling....
Sellers not selling. Due to staff incentive share awards, shares have been diluted ! Clearly positive for staff to be on board.
https://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3680&customerKey=gordondaddsgroupplc&storyID=15583404&language=en
Sellers selling
Revenue means very little. e.g. Boohoo had huge/stable revenue over the past year, but pitiful profit and abysmal share price performance as a result. The same is true of all construction businesses. Profit means nothing at all. It's an irrelevance if the operating margin is low/negative.
JL76: I hope you're right! While they have some insolvency work, my expectation is that a recession will generally be bad for INCE. That's what all the recent RNS seem to be saying. The problem with listed law firms is that most of the profits end up in partner's pockets, not in the pockets of investors... From what I see, the closest model to INCE is Knights Group, which seems to be experiencing the same problems: low/dropping operating margin and terrible share price performance.
JL76 - You are at least polite. Some of my posts have perhaps not been so polite. As you say, let's see.
Like I said yesterday, let’s wait and see.
Huge cost cutting measures, removing unprofitable business units and overall Revenue still increasing
Win win win
I look forward to seeing the accounts JL76!!! It looks like you've got some fantastic insider knowledge. Or maybe not.... I'm afraid your earlier posts have identified that you have zero understanding of this business or this market. In a way, I admire your chutzpah; but in most ways I don't.
Before all cost cutting measures and removing non profitable business units
JL76 - "To equal revenue figures from before"? When do you mean when you say "before"?
There’s has been a huge uplift in revenue to equal revenue figures from before and now INCE are operating without the loss making businesses
@JL76: Revenue has indeed grown nicely, but that's not the same as profit.. The new management at least realise the problem. It's a stretch to say that they're one of the 'best placed recession stock'. Which recent RNS are you referring to? Accordign to the firm, there's been no such 'uplift' in revenue or profit.
This is misleading to say the least. They’re a law firm, with a specialism in shipping.
Covid stocks went up 100 fold in covid boom
Crypto stocks went up 100 fold in the crypto boom
INCE the best placed recession stocks on the market.
Revenues last year were £100m, just imagine the uplift in the revenue this year and next
"Our team provides advice on all matters related to distressed situations, corporate governance, insolvency and bankruptcy"
Well, good luck JL76.
Any company I feel strongly positive or negative I’ve thoroughly researched and networked.
See you next Thursday for round 2, I fully expect 10p to be breached by then
Good luck to you too
Try networking, I’ve been buying INCE for 4
Weeks and never mentioned it.
Just wait and see. It doesn’t need 3 months for the turnaround it is imminent. Let’s catch up next Thursday
Remember this had no promotion and it’s fully funded.
B*llocks! Good luck; but don’t try and suck others into this folly. If you’re right (which you are not) then there is no need for you to do that. If you’re wrong then you are just being a total g*t! Lets catch up in three months and we’ll see where this is then…..
I’ve been researching/networking with the company for weeks.
Watch this space and the company are
Fully prepared for a huge influx of enquiries
They don’t even have an insolvency team! The guy they had left last year! Just scroll down this message board and find out for yourself. Please god, do some research before you invest!
Many market will get hit in a recession like Retail, leisure + Tourism , Technology etc and money will head into INCE market sector and there’s not too many of stocks of this kind on the market
"Our team provides advice on all matters related to distressed situations, corporate governance, insolvency and bankruptcy"
Going to see one hell of a recovery here, the volume will get louder and louder and every man and his dog will be buying the potential.
Fortunately for observers there’s still no mention of it on Twitter or Telegram but if it makes it through tomorrow without huge promotion I’ll be very surprised!