The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Here's his comment reference 12p
the problem with Orph is that the whole strategy has changed but not announced formally to the market. If the strategy was to reduce overheads and staff costs for a potential sale then he has succeeded but, the sale of assets has not to date happened and therefore any cash on balance sheet is earmarked for investors divi. That tells me a lot. Firstly that there is no investment for growth per se' although he may cut deals with low cost throughput contracts with third party facilities and secondly, that his strategy is asset sale not growth and hence the chicken comparison. Institutional investors invest in growth or they use momentum to sell down and out. Take your punt
I think it would have been taken a little bit more seriously if you had given his reasoning behind his 12p buy target.
ps: for the record. I do not - and i doubt ever will - use automated sell trades for small caps.
It's one way of losing tonnes of money.
No.
I'm holding circa 70k in sterling ref ORPH.
I'm confident enough to question those within this forum regarding their long term stance while commenting [like babies] as if they were short term.
Short term percentage point moves dont bother me when i'm confident of the timeframe i'm working within.
As for the 12p BUY. It's a genuine comment from a PI that i spoke to this morning.
I disagree with him. But, he has more integrity than 95 percent of the BB forum members.
andinio did your stop get trigger this morning, or did your account run out of margin?
"you can only pick so much meat off the bone on a chicken before you either stave or invest to buy a new one"
Talk to him about food banks and possibly the red cross - emergency payments.
Tell him he's 100% wrong according to the market - its 24p today!
The words of this seasoned investor:
"you can only pick so much meat off the bone on a chicken before you either stave or invest to buy a new one"
Utter codswallop!
I've just been informed from a serious PI that ORPH is a buy @ 12p.
Any thoughts?