The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
There are some really childish name callers on here! Pointless.
Was the announcement after the market close?
It's way more than 0.99% as the daily charge for longs is 0.0136 which equates to over 4.96% per annum.
No idea, but the price action since the rise to 390 is disappointing
The spread on my IG ISA for AWE is currently 19 pence which is absurd to me. Can anyone telle what it is on their accounts' please as this seems excessive.
Around 380 was good enough for me to get back in after stupidly closing at 336 on my original 316 buy! I didn't think I'd get another opportunity below 400. Now the post IPO dust has settled and some brokers are looking at AWE it seems like a raging buy to me with over 60% growth pencilled on for at least 5 years, a 72% return on equity and a tiny amount of debt. Yes the PE is very high now but if the analysys is correct, could be as low as 1.2 on the current share price in 5 years. Of course this level of growth may not happen but the risk reward seems outstanding to me below 400p.
Around 380 was good enough for me to get back in after stupidly closing at 336 on my original 316 buy! I didn't think I'd get another opportunity below 400. Now the post IPO dust has settled and some brokers are looking at AWE it seems like a raging buy to me with over 60% growth pencilled on for at least 5 years, a 72% return on equity and a tiny amount of debt. Yes the PE is very high now but if the analysys is correct, could be as low as 1.2 on the current share price. A multiple of 24 would put the share price in 5 years at around £90! Even at a multiple of 15 the price would be over £55. Of course this level of growth may not happen but the risk reward seems outstanding to me below 400p.
Normal service has resumed! It was never going to rise today after the weekend Covid numbers. I'm just hoping Friday wasn't a bull trap so the big shorters could gain even more. The fact that the major shorters increased their shirts wasn't a good sign.
I have a suspicion that the shorts were targeting the big support around 60p on the weekly chart. I really hope so as I made my first purchase at 60.5!
Apparently over a third of the shares are being shorted. Once buyers move in strongly, the shorts will get squeezed very quickly, leading to a huge bounce. From what I read it seems trading is going well since reopening. I think the treat of a further lockdown over the Delta variant is doing the damage. Any sign of this easing and avoiding another lockdown will mean a swift move upwards in my opinion. They have plenty of cash so as long as total lockdown is avoided they look in a very good position. Additionally if the retail crowd who did GameStop and AMC do a concerted attack on the shorted this could go stratospheric very quickly! That may never happen of course, but the fundamental are in place for a turnaround. If you don't need the cash then step back and leave them be, they most likely will recover. I just got in myself so looking for a bounce too!
I saw a similar thing with Astrazeneca a few months back with the SP moving inexorably down to go below 6800. It's now around 8600, an increase of around 28% from the low point. These things happen. Shares are sold down and then bid up. Brokers see value, and almost all forecasts are a long way above the current SP. I just put my toe in at below 117 via Granite shares 3x leverage.
I don't think it does look expensive if the forecasts are anywhere near right. I read somewhere the 2 year forward pe is 18 at 410p which for tech share making money and with profits set to move rapidly upwards looks pretty good to me.
I bought Thursday at an average, 339 with costs so very happy with that price as I intend to be this one for a long time. I bought it in my IG ISA so I don't know why others are not able to.
How can it be the second highest riser when it actually fell on the day?! How this ended up as a faller today I'll never know. Bizarre
Of course buy backs add value. For every share bought that's one less as dilution. Fewer shares means more profit per share. How does that not add value?
I'm actually schocked that the price retraced all the way back to the open price. I thought there could be 5 % upside today with the clear beat if analysts forecasts. Very odd indeed.
I'm actually schocked that the price retraced all the way back to the open price. I thought there coukd be 5 % upside today with the clear beat if analysts forecasts. Very odd indeed.
Last time the daily RSI dipped under 30 was March 2020 at the worst of the pandemic sell off. Every time the 4hr RSI has been at current levels I've the past year there has been a rally of between 400 and 800 points. I'm back in...
Final dip? I would certainly think so. Of AZ are not being bought in riding markets, or now as a defensive stock in falling ones then I have absolutely no clue what's going on!
FTSE goes up and AZ goes down as investors nove from defensive stocks. FTSE goes down AZ also goes down! Go figure that conundrum if you can, because it's a mystery to me.