The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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RNS out loan repaid!
No - like I said just a few dribs and drabs here and there but nothing of real note and then a big chunk of PIM as hopefully my retirement fund ;)
Do you hold BARCS shares.....or..bank shares in general..or just trade them on the weekly.?
Not really - both look like no brainers on the face of it but probably only worth a short term punt with wholly disposable income but wouldn't like to throw my mortgage at them. I would favour RRL on the hope that they may recover short term giving a speedy 33% - 50% slice but wouldn't personally tie my funds up long term without firm trusted information
CGH is being shorted though.......interesting to watch THEM.. Do you have any thoughts on RRL or BLVN.....?
Like I said - just in on PIM at the moment and missed the boat with gold years ago, wasn't really in a position to invest then anyway ! It's possible it has and I'm following CGH as a possibility but not dipping more than my toe in at this point
Do you get the feeling that the Gold shares seem to have all bottomed together and are now in a rising channel....? PHC is a strange on to say the least..Henderson is in their also....lol WSG is doing me very well for 2013,amongst others
Was tempted with PHC at around the 50p mark but wasn't convinced it had hit the bottom (and more concerned that it wouldn't recover at all) so decided to continue reinvesting in PIM, not good to have everything on one horse but pretty confident the story will come good eventually and if not I'm hoping any takeover would be at least at the 45p Arysta invested at a couple of years ago - or failing that the directors would be looking to at least make something on their investments which were higher than the current SP
Cheers for the post...and my appreciate..... Reggie seems quiet today...perhaps waiting for the resukts now himself.. Do you have any shares in PHC..as my average is 72p..just out of interest
I would say that we are a very long way off profitability, but need to wait for the figures. Depending on these, and the company's forecast for future South American revenue, it will become clearer if more funds are necessary. The other problem is the deal that may have been struck for the repayment of the Arysta loan. We don't yet know how this is now being paid off, except that some arrangement seems to have been made to pay back with income received through sales (which in turn increases the time to break-even). I am in for the long haul. GLA
Keep hold for now - I assume the funds they raised last year will keep them ticking along until the next round of results and it only takes one key piece of good news in the meantime and the SP could take off like a rocket, and after 6 years of patience I would hate to miss out if they do ! This has been the case with PI since inception, the story is good and a key global solution to a sizeable issue - we just need that spark. One key deal with a big player and many will follow suit Let's just hope that key deal is imminent which I guess is what we were all hoping when Jones and Brubaker jumped onboard with their connections to Arysta !
Decisions again...so are you looking to bank your profits here atm......? Or after the results..?
Just hope there is not yet another round of fundraising which hammers the price back down again but I fear there will be at some point during 2013 !
Difficult decision to make,when 80% in profit here..... Wait and see what the 2013 revenue ends up at I guess !
Wait and see what the 2013 revenue ends up at I guess ! Common concensus appears to be £2m would be acceptable, although for an extended period I would expect this to be increased at least pro rata to account for the extension in period Historically I would see this as a poor result bearing in mind it would be less than a 4% increase on last year and 12% cumulative on 2011 levels - hardly groundbreaking success and I would anticipate increases such as these on established customers alone with new customer's revenue in addition to this - or are we not actually seeking out and obtaining new customers but just relying on developing existing accounts (with the exception of Brazil) Surely all our eggs are not in the Brazilian basket (after the promise and subsequent disappointment of the US potato market) and other new business should be coming to fruition year on year in the meantime - or is this why the previous sales force was disposed with, because new business wasn't forthcoming ?
NOW all sorted....conclusions.......?
The reality is that current management 'claim' previous management skewed the figures and they have corrected it - there is a distinct difference between what has actually occurred and what is claimed to have occurred ! Either way, take the revenue etc as a whole over the last 4, 5, 6 years and this will eradicate any timing/period issues and then decide if the sales have progressed at all during the past 4 or 5 years In my opinion if overall revenue isn't increasing significantly it points me towards the new revenue streams are being offset by lost revenue from previous customers/areas - maybe these are now being serviced by alternative suppliers or more recently developed products thereby meaning PI have lost traction in their previously successful markets
£2m plus revenue in 2013 - optimistic ? And surely WH Ireland will be receiving a retainer from PI - hardly unbiased opinion from them in that case ! Steady growth in UK/Europe ? If that's the case then which territories have they lost sales in and why ? You need to look at results from 2012, 2011, 2010 and then decide if you are happy with the performance of new or old management based on this !! A 12 month period is a 12 month period or are you working off a different calendar to the rest of us ? Minimal revenue increase in 3 to 4 years for an innovative product - and you think I have a flawed opinion ? Laughable ! Stick your head back in the sand !
Who lit the fire here...blimey
of my time and energy has been wasted arguing with you two trolls today. We are never going to agree on anything
Your spin on the history of this company is flawed in my opinion. We have been through this on iii months or is it years ago??? My belief is previous management skewed the figures and new management has corrected this and changed the year end dates to reflect the nature of the business. you believe something else Your assertion that this is/was a great company is ludicrous and laughably rose tinted. The company has/had great prospects….there is a distinct difference. A nice steady growth in Uk/European sales and the beginning of Brazilian revenue good help turn this into a great company. The company has been re-structured, re-financed, re-managed and re-directed. Hopefully this will result in better financial management and sales growth. My wish to see plus £2million revenue to July is hardly over optimistic considering WH Irelands predictions, just trying to to be realistic in my expectations
I never offered you advice. Nor am I a 'sycophantic mouthpiece' for the company. I simply corrected some false information you put out. You didn't like it and have resorted to abuse. A bit pathetic really
Please quantify 'faulty opinion' for me and enlighten us all where your 'wholly accurate' info originates from ! Not an unhappy investor at all just one who wishes to see his money being used effectively and not poured down a never ending drain by ineffective management - this is/was a quality company with excellent products which not only would provide a great return for investors but also help solve an impending global crisis and I for one don't wish to see it fall by the wayside as a result of bad practice Why your unerring positivity regardless of the cold hard facts - did you buy in at 60p post float or 45p a few years ago and desperately need to see it recover ? I for one am safe as I bought in at sub 10p years ago and have continually topped up when able - and my current portfolio is still significantly above water and was throughout the last 2-3 years so I have no agenda at all apart from wishing to see clear concise information exempt of spin and embellishment
The thing is, you never really make any serious points. Certainly none worth contemplating an answer. You appear to me, and many others no doubt to be just a sycophantic mouthpiece for the company. I should give up trying to argue any of your points, nobody is taking any interest in what you have to say anyway. Serious investors are open minded enough to listen to other arguments whereas you are clearly not. For your information, I continue to hold and will take no advice from the likes of you.
Wow, you boys really have got your knickers in a twist today. So PIinterest is regurgitating his faulty opinion as fact again and Reggie again refuses to answer any of the points I have made and resorts to petty abuse. So much antagonism. I wonder why and what agendas are behind it? Just stale investors…? So if they are unhappy, why didn't they sell and move on, writing it off as a bad investment? Very odd behaviour