The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looking at the charts, I can see this going to £2.50 before the end of the year or early in 2025. Obviously, there will be pullbacks on the way and maybe a major stock market correction! However, this share looks to be on the ascendancy.
I agree whole heartedly, if we were lucky, £1.50 would be an excellent entry point. I might even consider paying £1.80, but in the present climate, where a lot of deep thinkers seem to calculate that the world economy is in a worse place than in 2007.....it might be prudent not to rush in where angel's fear to tread!
Dear friends, I have been watching this share for a long time waiting for a suitable time to buy. I don't want to scare anyone, but I think it is not a bad thing to take note of the last flash crash of March 2020 when this share touched £1.50!!! It is not unreasonable to think that it could do so again.
A sudden massive jump today......and then a sudden return to £3.70 Something is going on!
Below is my comment made in March 2020. I held off from buying since then. I have to say that with falling property prices and other headwind pressures.......these could have further to fall in 2023. But it may be worth buying a few before Christmas 2022......it maybe cheaper than drinking at home and paying those expensive heating bills!
"RE: This will crash if uk pubs close16 Mar '20
I think real ale lovers like myself will all be the losers if this splendid company goes under! For me it is not just about making money. So I sincerely hope that the more darker predictions do not come to pass! However, the shares have been vastly over priced for some time. Thank God I did not let my heart rule my head and buy at the top. I am very concerned by some of the comments on here about the company holding a lot of debt, but it doesn't look as if interest rates are going up any time soon. And as soon as the virus situation has resolved itself, this company will thrive. I may dip my toe in, should the shares move below £7"
Very good points made by you both Cassandra & Strathy! Points that I had not considered previously, so I am grateful to you. Even more so in the light of recent economic events. As you say, a key part of the equation regarding the true value of the company is not only future profits going forward. but how much interest they have to pay on their enormous borrowings. In the light of what you say....these shares could have further to fall!!!
Could they go back to £2.80 or below? In the present climate certainly!!
There are only two positives as far as I can see.....people will always need funeral directors, so it is a steady niche market. And with the recent devaluation of Sterling, a foreign bidder might emerge. But for the moment this share is looking too risky....I'm out!
I think in the current financial climate all shares....good and bad will fall. As far as I can see....CARD could go to 20p! They have already fallen 18% since my last post.
I note with interest that a Director bought a substantial number of these share in August at over 52p. That is a good sign.
However, even though debt has been reduced, I assume that there will be higher interest on the loan going forward. And with so many under pressure with increased interest on their mortgages, this could have a negative effect on profits going forward. Will people cut down on the sending of Christmas cards? I know I have....as it is such an expense with the cost of stamps and all. Also we are entering a very turbulent time in the months ahead.......so I am going to wait a bit before investing.
Last year, I did very well on these shares, having bought them before Christmas and seeing the price halve......and then return to value and a healthy profit. The same could happen again!
Yes oil was just over $50 a barrel then! And they estimated the value of each share to be 97p based on oil assets.
"Rockhopper’s value is tied up in the company’s assets, specifically in the Sea Lion Complex. It’s thought that this asset contains 517 mmbbl of resources and has a break-even cost of $45 per barrel. So, even in the current environment where oil prices are struggling to move above $50 a barrel, Sea Lion will be profitable.
City analysts estimate that Rockhopper’s net asset value stands at around 93p per share, more than 200% above current levels. There’s $63m of cash on the balance sheet as well to protect against the downside. What’s more, if the oil price returns to $70 or $80 a barrel this net asset value could see significant upgrades. In other words, Rockhopper has the sort of attractive risk/reward profile small-cap oil investors require.
Overall, Rockhopper looks to be the better investment of these two early stage small-cap producers. "
Your comments gentlemen PLEASE!
Despite negative comments here, it must not be forgotten that Dignity is a major name in the funeral industry and will always be in business. I think that its a good bet to buy these shares at any price below £5. Should there be a takeover......we are looking at least for £6.75. A nice safe share to tuck away and wait for the jackpot!
I will not be buying these until we reach £6 -£5. The P/E ratio is far too high. Good product........but too expensive already...... and little chance of increasing the already over inflated price of the product!
Looking at the head and shoulders pattern over the last few months, I think we are heading for £47 a share. Quite a few stock market gurus are recommending we all get into commodities and hard assets. I have always thought of Rio as a commodity play........but there is a difference between a share and the real thing!!! Does anyone have any thoughts on this? I am not being a doomster, just hyper cautious in this present market.
Despite negative comments here, it must not be forgotten that Dignity is a major name in the funeral industry and will always be in business. I think that its a good bet to buy these shares at any price below £5. Should there be a takeover......we are looking at least for £6.75. A nice safe share to tuck away and wait for the jackpot!
I take it that as you are so pessimistic about the possibility of a takeover, you do not now own any shares! Im sticking in there!!
Its normal to have feelings of foreboding and failure during the takeover process. You are supposed to feel that way......it helps keep the price low......and keeps everyone guessing. For sure there are risks......and it is a gamble for both share holders and bidders. But I would be more confident than you seem to bee of a deal......80/20% in favour perhaps.
I wouldn't put too much faith in the Sunday Mail article. All these newspapers want to do is sell newspapers.....and people react more to scare stories. I am more of the view that suitors are not going to walk away from the opportunity to buy the company at this stage. Its all a game bluff and counter bluff.
Does anyone know when this amount will be paid to the shareholders?
Looks like we're cooking with gas!
This should give these shares an uplift....as I expect them to be most encouraging and an indication of this company,s potential value future prospects!