The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Astonishing, truly astonishing! Minor bond issue and price drops by 9%! Then rises. Fitch accredited 2-3 weeks ago, selling assets to reduce the 1.1B debt which I believe is already down to 600 M, please correct me if I am wrong! Oil up to $ 80 and rising, with Iran sanctions looming. Wood Group AGM a few weeks ago was nothing cosmic and yet price rose on the day and has continued to do so thereafter. How do these PIs naked decisions! Don't trust the Brokers, who seem to make SP targets prediction; they never ever pan out their way in MHO! Always Dior but I am still holding! ATB folks
A long hold rather than a quick buck. Ultimately, there will be conclusion of the SFO, which has been accounted for in the share drop and also very slick financial governance by the board. Also, look at all the positive signals: shell and BP massive rise in profits, oil price rising, with other added signals that have engendered confidence worldwide for mor wool related contracts. The latter isn't going to die a sudden death and is likely to benefit the SP long term. At all times it's your risk and DYOR and all the best Pete.
Ifonly1. This conversation is recurrent and similar advice was proferred by RdR and MBUK as the guys yesterday and today. You have always given me impression that you are inclined towards quick returns, like the �800 on card factory that you mentioned. Perhaps you need to keep away from this share which is definitely not for the faint hearted and should have a health warning. It is, in my view, and has been, a long hold
Day trading vs long term holding! Shell announced strong results and expect increased investments. Our competitor, WG, given a $ 2 B oil pipeline design etc by Kenya. Oil price up. Am I missing something? Surely it's a hold, irrespective of ups and downs. The SFO fine has already been priced by previous SP drop last May and stupidly again earlier this year. The current SP simply reflects strong growth, anticipation of increased contracts, increased confidence with hopefully institutional investors and there is potentially a bid scenario. This company is very well respected in the Middle East and increasingly so in India. It keeps pecking away at Africa and South America. Patience is clearly Asfari's strength. He ain't a billionaire for nothing. ATB all.
Ifonly1. This company should have a mandatory health warning prior to investing in it. PFC cause too much if only, I wish I had, I am kicking my self...I should have seen it and also, "smell a rat". Whenever you have urge to sell for quick profit in PFC, or negative self reflection, ask yourself, are you content with the fundamentals? If so, today's rise or fall is immaterial in the grand scheme of things. Long term, it's a winner and you are better off enjoying the sunshine than looking at the screens. Come back in 4 weeks. Very likely to be up further. AIMHO, but always be guided by self research.
Hey Alto. Fair reasoning re your reduction this morning and money management. PFC should have a health warning: very high risk of anxiety, depression, paranoia and a company that has made all of us question sometime re our self capabilities. Loads of folks have come and gone from this BB and it is a wearisome share to follow. ATB.
I have been on this BB almost 12 months. I bought when PFC crashed out with the SFO issue and have positioned myself with 50 K shares since then. I have listened to some fabulous postings from MBUK and R-d-R during this time along with others who have moved on. The critiques currently have not the foggiest and are being thoroughly unreasonable towards RdR. He has openly declared his positions before and perhaps you need to read his BB contributions on IMM, which tanked yesterday. When alto1 suggested selling out at dawn today and then RdR's pessimism, I did consider same. PFC is unpredictable and not for the weak ones. I have seen it slide from 450 to 404 after 1/2 year results and then from 570 odd to almost 400 after that brilliant RBS re SFO. Finally. with Ansari on full duties and his further � 10 M share purchase, I think that NOW we have finally seen stability in this SP and I for one don't foresee anything but strengthening of the SP. we need conclusion of the SFO matter and I reckon it will fly. Hey, as gamblers, nobody knows what is round the corner. For me? I would rather read RdR anytime rather than his critics! ATB and DYOR as always!
Mark, what were you saying about FTSe100, see below! http://citywire.co.uk/money/sea-of-red-as-ftse-set-for-worst-quarter-since-2011/a1106317
whilst i am not a daily trader, and also fully and solely invested in PFC since may last year, i decided to try day buying and selling. RIDICULOUS, but delighted. bought at 430 yesterday and sold at 460 today with � 600 profit! I am going to keep this spare fund to try again if and when it falls again, likely by 3 PM!
Why this amzing £10 drop in price within about a week?