Member Info for BagOfChips

Talk about an easy ride (so far) - having come in at 223 I still think BOO is as cheap as chips. I've never understood why the market reacts so badly to one bit of bad news, but in this instance I'm not complaining

baldy - good to engage you in some useful debate today (most of your posts I ignore). For clarity, I'm not buying into the CBD thing until more information becomes available. There is loads of stuff kicking around about MED3000, meaning investors can at least try to form a balanced view on it. CBD - different story, I need more to decide whether it truly bolsters FUM's position and value in the future.

To say it's going to cost $1m, not point to where it is coming from and also say it will be immaterial on cashflow is a bit amateur in my view. Like I said yesterday, I'm sold (for now) on MED3000's potential but need something more credible on CBD100, otherwise it looks like an unnecessary distraction (which can be fatal for a small business). As long as they don't shift focus too much from the main event I'm happy to wait for more information.

yes, but where is the $1m coming from? looks like that number has been picked at random

....we finally break through the 270 mark

Jonah - if you can give us a little bit of notice before you sell it would be appreciated - unless of course you only have a handful of shares, in which case don't bother! Fill your boots (or empty them if you wish)

good find, but still wondering where the funding is coming from to get stuff done as it ain't FUM. CBDerma can't live off bank loans without trading history (particularly in current climate), so why can't we see any proper equity coming into the business on companies house. like I said, could be a grant somewhere, but it will be small beer. we need more detail on the mechanics and where they are heading with this one

maybe the $1m was an all-in (forecast) investment over a longer time period, but question is what's the time period. I think JB needs to give shareholders some more details so we can form an opinion on this particular product line

saw that back in Sep 2019 - estimated to be $1m needed, but FUM's contribution is 'in-kind' (i.e. they aren't putting real money in). question is who is? has CB Derma has received an R&D grant - if so, that would only cover up to 45% of eligible costs and state aid rules would apply. so we are missing at least 80% of the required $1m? there are no other equity investors - otherwise it would be on companies house.

I agree with others that it is good to see JB providing news on CBD100 as promised, but it looks to be pretty early stage to me. Can anyone furnish us with any information on CB Derma Technology Ltd. other than what is on Companies House (which is very little). It is literally a shell company it seems, with no published accounts so far and 100 shares of £1 each solely owned by one person (i.e. no other investors/backers). Not much risk being taken by the owner here if only willing to put £100 into the game. Ignoring that, there is already a similar product being sold on this website - mycbderma.com/shop - is it in anyway related and if so/not, what's the conclusion? It's all a bit of a mystery to me. What else do we really know about CBD100, other than the one pager on FUM's website? I hereby stand by my earlier view that MED3000 is the main/only game in town in the near term and my investment in FUM therefore remains a high risk/high reward strategy. Arguments aside, if FUM really has found a good solution for ED (even if it was by accident) we are all onto a winner here. I'm excited about MED3000, but can't yet get excited about CBD100 I'm afraid. I'm ready to be convinced otherwise though.

I will raid my wife's purse over the weekend. Should get me another 10 shares at these prices.

don't know whether to agree or disagree with you triumph1 - I'm averaging 53p and also tempted to top-up but fear it could go lower yet, dare I say it, sub 20p? by projecting a possible loss for the next 2 quarters like LLOY has done in the RNS, I fear the next set of results could be worse than those expectations - a bit like what happened with PPI. yuck - who thinks this will go sub 20p?

Another dismal day for the main market it seems. Who'd have thought LLOY would ever go as low as 26p - it is by far (and consistently so) my worst performing share in the last five years. There was a time when I thought my average of 53p wasn't too shabby, but now I need to find the new floor (20p or less perhaps?!) Hey ho I suppose we should be thankful for some of our more speculative AIM holdings this morning as it certainly softens the blow! Back to ORCP - news on LOI would be good about now!

Amused by all the bickering today. The bizarre thing is that in real terms, we are all arguing over whether FUM can prove that a PEN15 grows (and reacts safely) to a 'appropriately branded' tube of mysterious gel. Does it do the job - blah, blah, blah. But the brand name could turn out to be pretty valuable in its own right, teenagers could be buying tubes of the stuff for pure amusement. I certainly plan to buy a tube (addressed from Santa) to slip into my brother's stocking. Whilst the £10 SP prediction seems ridiculous, never underestimate the power of marketing.

yes an interesting read. relationships are important for success in Pakistan or indeed elsewhere - an often forgotten, but incredibly important prerequisite to any business venture. keep the faith folks and ignore the trolls.

and as far as the MoU is concerned I don't believe it should be having any material impact (positive or negative) on anything in the short term. I would classify it as 'nice to know'

yup, bargain basement prices again. uncertainty (or delay in this case) wreaks havoc on SP - AIM market is fickle. Certainly glad I dumped a few at 1.05p only to buy back at 0.7p otherwise I'd be underwater now. Becoming more reluctant to increase my holding here beyond 2m, but remain confident that those with patience will be rewarded.

nah sorry it's me - Monday morning madness. Need coffee. False alarm

Hi all - is it me or is the content on this page different from last week. I might be wrong but I thought it said something about LOI before - could it be that we are moving forwards now....?! Phase 1 also says 2022? http://www.ppib.gov.pk/N_upcoming_ipps.htm

Not sure I completely follow you there Jimiam? Surely construction will take 2-3 years if the Chinese are doing it (if it was a UK energy project it would take about 10 years and cost 10 times as much!) - so the power plant won't start making money until commissioned in 2023. And as many have commented, it all depends on the finer details, financing etc. Of course, it's likely that as each milestone falls into place - and indeed once construction starts ( 2021?) the SP will be a order of magnitude higher than it is now. We could be sat on a 10 or 20 bagger by end of next year if everything falls into place. But it's all guesswork.