The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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May be they have found oil, or i have been watching to many oilies
getting exciting.Hmmm
Thought a significant player was buying. Nick stake building. When the xeo keeps on buying good things follow IMO. Corpse, Hold tight of add. Its getting interesting.
Posative with no news.
more large scale buying. Could be a deal on the way. jolly, I'm more likely to buy more (like others) , than sell my shares on the cheap.
?...no advice of course..just observation ...nice bounce off 6p...but visibility still poor imv
A strong calculated guess. They, the directors, bod, major shareholders, have a better idea of true value and REAL prospects. Also could be limited stock available from tis point. Things m
..
jolly i think the directors bought those shares you sold, And I now suspect some of the other major shareholders are buying the rest on that buy signal from the bod. Hope you still hold a few though.
someone buying blocks of 10k. Breaking out and back to 14-15p before next news imo.
yep..6p was cracking time for punt...but 10p aint imv
Big changes! Those individual divisions that created a bloated business has been trimmed down in to one leaner managable business.. This is what coms would have done had they purchased at 22p last year. Your right, If coms are worth £40 million market cap for essentially the same bussiness, plenty of upside to come.
Time was when you could hear a PINN drop here….. Times change. Been on my watch list for a long time and was 'in' at one point but the bloated complacent business lost money again and again. Now things look different. Quite different. However I can't help agreeing with the theory of a placing regardless of the recent director purchases because they do look short of cash. Don't get me wrong the director buys are encouraging but not HUGE investments in the business. They look designed like market confidence boosters to me. So I'll wait for a bit longer I think. Might be wrong but if this turns they'll be plenty of upside potential to jump on board anyway.
Well pete, I keep telling you all look out for that turnaround. These buys backup that view. More news this month IMO.
lol..good flexibility
Decent sized buys from 2 more directors suggest that they are confident about the prospects. Perhaps there is still some life in the old dog.
Good to see you rate nicks abilities. I think he has enough experience and common scence to run and build up a company of pinns size. The 'going private' scare story's have been doing the rounds for years and years and years. Boring. I think all the issues of the past are being resolved now by good planning and management rather than boardroom spats and throwing money at it. Also the eccomy is gaining strength and investment is increasing. Profitable return to growth should see the market cap/sp flouish. Good luck to you too in your other investments. Live long and prosper:-)
I actually made £3,000 in total, having at one time had £52,000 of PINN's shares, but I saw the writing on the wall, baling at 20+ I've read Nick's cv; a very impressive list of companies but he's never been a CEO... If you've followed me before, you know my view, this company will get taken private... Best wishes
Maybe someone is, not me though, not yet anyway
The money! lol ......
Including what the Chairman bought in the placing, I make that to be about £120k he's put in here this year!
Compared to last year I'd say operational progress is far better, so much progress made in such a short sapece of time since nick arrived. PS. Meant last placing at a premium, and fully taken up.. I said a while back, take a look at nicks cv. Redknight one of his qualifications in PL. profit/loss, being an accountant you should know the importance of that, and be assured the right guy, with an eye on controlling costs is in charge.
early WIP..at best
Sorry for you and your friends, but why with your professional qualifications made you invest at such high levels and then lose so much. Were the accounts EVER acceptable to you or your mates? I know accountants who buy the balance sheet, but fail to apply fair value, buy at the top, the get locked in. Conversly they fail to get the story when circumstances change. They just can't read between the lines, they just stare at the balance sheet,the head says no, the heart can't take it. Did you make money on tcg? I did. Pinn is at the turnaround stage, I never said cash flow is positive, but read between the lines, reduced cost, new business suggests improved cash low. As I said before, the last placing was at a discount, a first for pinn, all part of the new management style. I don't expect you to get over your loses but try to accept the turnaround is in full progress.
Hi Korg First,I've never been angry, just sad really because a lot of my friends have lost serious money in PINN Can you point to where the report says cashflow is positive since March? NET cash balances at 31 March were actually £499k Net operational cash outflow before financing activities for the 6 months to March was £418k Now how do you turn that round in 3 months and avoid a cash call? Cheers PS as a former plc GFD I know the difference between liabilities and cash flow....but sooner rather than later CURRENT liabilities have to be paid off..... GL