The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
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8p broker target, would be nice for starters.
Zomer said: “We need time, we are still only at the beginning. We’re a small company, and undervalued - but to me, we’re in the same league as Pfizer.”
He also compared us to GW Pharma few months after launch but happy he has recently put us up there with Pfizer :)
It does make me wonder what Robby is actually smoking. I respect the aspiration but ‘the same league as Pfizer,’ Really?
Same
GW pharmaceuticals and Pfizer all started somewhere just like MGC. Roby has a vision and they are taking the right steps forward to grow. So why not? We are at the beginning hence why you can buy shares at 3p. If you believe in their vision then buy and hold, see where we are in a few years.
GW pharmaceuticals and Pfizer all started somewhere just like MGC. Roby has a vision and they are taking the right steps forward to grow. So why not? We are at the beginning hence why you can buy shares at 3p. If you believe in their vision then buy and hold, see where we are in a few years.
I obviously do think there is considerable upside to MGC that is why I am invested.
But to compare this tiny company as in some way equal to Pfizer or that it will be in a few years is beyond absurd. Just Google their net worth the drugs they own and what they have in development.
Absurd and frankly delusional.
Perhaps you could give us an insight how we get into the same league of valuation now or in the next couple of years.
Please feel free to cost it out ?
Exactly and that’s why I’m invested. If his vision comes to fruition then we are all going to benefit.
Can’t wait, apparently MGC is worth $246.36 Billion or will be in the next couple of years.
Great, that will make us all multi millionaires
These comparisons are ridiculous. .
I prefer to consider credible possibilities and achievable goals.
I will leave this nonsense to those that believe everything that comes from Roby Zomer’s mouth is gospel.
Fantasy and twaddle but whatever makes you happy.
Andym123 - agreed. It's like comparing Rolls Royce with a Reliant Robin.
I’d be happy with the 8p broker target, I’m not greedy.
Won’t go as far as to say that I AM greedy but I’ll be gutted in 3 years if I only get 8p return per share lol.
Yes I didn’t mean in 3 years time.
Andy, I said a few years you need to read better. If you want to know how long it may take, then wait around and see. The topic isn't about how long it will take, it's about the companies vision.
8p within 6 months with current newsflow should be achievable.
Phase III trials should all be in the bag by then as they aren't progressing at lightning speed unless I've missed it.
After 6 months, who knows?
I was responding to the assertion on here and from Zomer we are in the same league as Pfizer. You or anybody for that matter may want to believe such nonsense, but I will say again it is just that, nonsense.
Do I personally think this will exceed analyst and broker views, then yes potentially and in a spectacular way. We are potentially in the right place at the right time but Pfizer we are not.
The truth of the matter is that we just don't know. Pfizer was rated on its products, this will be rated on its various products, how well they work and public demand. The comparison really isn't even necessary never mind arguing over the semantics of it.
The public demand for MGC Pharma and the new world of cannabis-based medical solutions will put this into a bracket of companies as far removed from conventional drug companies like Pfizer, as I am from Mars. How well received MGC products are in the coming months and years is key. What we do know is that major companies and some pension fund managers are showing more and more interest towards cannabis products as the world moves away from synthetic to plant based.
Yes we do know $246.36 Billion how many billion are MGC worth now or even likely to be worth in 2 years.
Please have a word with yourself, maybe give your head a wobble even a self confessed Martian can understand the valuations are worlds apart. Or maybe even galaxies.
Andy, if you want to be rude and aggressive, take it somewhere else, okay. Go and blow off steam against a wall or something. You're getting irate over nothing.
I stand by my opinion, without taking sides.
One thing I do know is, that all the big companies as they are now started life as tiddlers somewhere, with people claiming they'd never be blah, blah, blah. Have a word with yourself and calm down.
I work on facts or a reasoned argument.
I invited whoever believes this nonsense that Mgc is the same as Pfizer.
I think therefore it must be true is not reasoned argument that blah blah and since there nothing sensible to support your unsupported it must be true because it sounds good I think I’ll leave it right there. Good evening.
DJ just ignore
Let's see what happens with the company growth over the next couple of years and what orders translate into profit. That will determine the SP. In the meantime we all speculate and no one really has a clue. Let's hope it's good news as we could all be sitting on a small fortune if the growth turns into reality.