The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
You are so full of ****e Woodstock I wouldn't think anyone reads your drivel
In at 3p my end.
Spread to high lol
Yeah you go Gracetrad1. Your the crazy one No disrespect.
Honestly don’t know how they are able to keep raising money.
It must be close to £200m invested now retuning an effective market cap of £1m, no substance to any of the RNS releases they just play the fiddle to there audience and boy they must play it well..
I can be a bit fluid D: it depends on my reasons for buying. On what I call binary stocks: (this one for example) My plan is normally time/news related rather than price related. Mostly (again accept for special situations) I usually only add to a position when the stock is rising.
The exception will be if its a frequently chart traded stock like say AVCT which I often add to around lower support levels. (however I sell it to at higher resistance levels)
I have a number of higher risk stocks at the moment so am applying a time/news criteria to them, such as AGL, HE1, BMN & ECO. However collectively they make less than 10% of my portfolio. (As you know I like WOSG and just keep adding to at lower levels because I think this is simply been dragged down by everything else and not on its merit so I spose its the old "buy when everyone is fearful" luckybuffet strategy.)
Generally I don't expect to make 30% per stock but when I do I employ the profit taking formula to bank them because anything that goes up that quick often goes back just as fast, (sooner or later)
Exception will be divi based stocks such as GLEN and BAE for instance, which is just buy and forget. They tend to take up a larger proportion of the portfolio in percentage terms.
True but you do in the OO
Wyn, you';ve mentioned taking out 30% of your stake when your're 30% up etc.
If you're down and you buy more, do you sell when you're 30% up overall, or just up 30% on the latest 'buy' – even if you're still underwater overall?
Ave down pick up the warrants
I've been invested in here for a few years and long term holders shafted. I'm 97% down on this now. How can we go from £3 to 5p is unbelievable.
To be fair covid and inflation have been partly to blame for the missed targets. Looks like there is good apetite for the stock and warrants attached.
If they hit 2024 profitability then 10 bags imv
Latino - They have been saying that for years.
I can see out of this is that this should be the last Funding of this sort, and should last now till 2024 when they will break even!
I think Surfie, its worth trying to have stab at what the company could be valued at if there is a reasonable uptake of its tech.
If say £50m is a fair figure and its currently valued at £5m then it looks a good bet given where it is int own cycle.
The "problem" is its been here 3 times before? ie no more money needed before decent income rolls in.
This is surely the last cash raise now so I have 1% of my portfolio in this and will add further if I think the risk decreases.
But its pretty much a bottom draw, see you later, type stock for me.
I would not give any opinion I'm afraid! SP here was 160p in my memory (and higher before that). Must have been based on the technology being adopted widely and that's still on the cards I guess, though many more shares in circulation now.
I do have tracker ISAs too; my own stock picking was supposed to be more risky but it's been a rather expensive experiment. It could still work out overall I guess but today feels as though I / we've been played like fiddles with the good news on the X filter joint development agreement. I guess if the tie-up comes off then the extra money they now have should get xeros sp back to much higher levels again. Tempting to break my rule and invest more funds at this level but not going to do it.. Better off paying off some mortgage and no risk at 'saving' 5 – 7 %.
I can always add more later, if it looks more certain.
Not looked at your posting history Surfie (though will in a second). Where is your biggest investment?
Oh dear D-G it's not been your week! Some months ago I was sure this was a good bet but I'm loosing faith. I know you're invested but do you think this is worth a punt?
I wouldn’t believe anything this company put out! take for example RNS dated 24th June 2021 agreement with Girbua, first sales planned in 2021, doesn’t even get a mentioned again or on Girbau’s website.
Happens time and time again with this lot, it’s criminal really..
Disgraceful
Nice buy Wyn. Me too
Should see 10p before too long
All makes sense wyn. My inclination would be to buy more too at this level but for me that would mean selling something else. Can't do that atm.
The technology looks good and I'm longer term as you know, so could be worse.
I have very little hope for eve now it's this late in the day.
AVCT really needs to save my day now
and fwiw I have just bought a few more of these now and will give it 12 months and then see where we are.
well, D, my thoughts would be:
stop buying loss making companies. It increases the risk exponentially.
The next thing is get some ideal of their valuation relative to other companies in their sector
Stay away from exploration companies because they are loss making AND have the odds against them of finding whatever they are looking for.
Figure out what sort of annual return you want.
only bet with money you can afford to lose.
If you want less risk then but less risky companies......
And have a plan.....
Blindfolded? It was written in there RNS, it was obvious it was going to be at a massive discount based on the MCAP and cash burn.
B*gger.. Could have bought twice as many today, or just waited. Wyn, we are blindfolded in this game. How are we going to win?
Ha! timing is everything.....