The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
You're calling these people derampers and trolls yet these are the type of posts that I find most useful on these BBs. Certainly better than posters posting multiple times, day after day that every is constantly rosy. I think PB's questioning why DIM is delayed another 5 months, with no revenue coming in and being announced in an unofficial podcast is a fair enough point. Who knows when DIM's IPO will take place now and what the business case is. It's been kicking around 2 years and still we are at this point. Go ahead and keep filtering those who don't share the view but I for one appreciate the question being asked.
Been out all day so just seen your replies Russky and Nathan - many thanks. ATB.
Who are CHDR and is this work that OO could have done?
1.5m over 2 years.
At that rate they would need to announce at least one of these every week to hit their 50m p.a. target.
Routine but still, good news.
WG - quite true. It may not be necessarily the same. Still, mantra has been to repeat the POLB model. Let's see.
Russky - DIM is simply a punt at present - no contracts, no revenues, no valuation (tho some numbers are being banded around), simply not enough info to make an investment other than on speculative terms. It is priced as it is. You may br right that it's not priced properly yet. Question is, it worth qualifying for shares or waiting until the dust has settled, buying after and not being tied in for (possibly) 9 months. Months after POLB floated, SP is 10.5p vs 10p start. Not much of a return and what effect did it have on ORPH's SP after? I'm not rushing to sell or buy, just contemplating the issue as I don't know best course.
A dividend is just a distribution of what is already owned by shareholders so it all makes no difference.
DIM is reflected in ORPH’s SP so after DIM is split off, ORPH should fall to reflect that and the sum is the same (theoretically).
Announcing the DIM dividend is unlikely to lead to a build in SP. It’s already priced in anyway and is it really worth qualifying for DIM shares when you can just buy them freely after IPO and not be tied in for 9 months, which is unappealing to many.
Announcing a dividend retrospectively doesn’t work. Some shareholders would benefit from the dividend and selling with a ‘full’ SP. Others who buy after the retrospective dividend end up buying on a fall premise that were purchasing ORPH including DIM and immediately suffer a fall in ORPH’s SP. The whole idea is non-sensical.
Not really.
Revenue est for Y21 down to 40M.
No longer H2 weighted with lower revenue/profit than H1.
Cash balance will be flat by end of year.
Further wait for the three dividend specie.
Not to say that results are not positive and direction of travel is not onward and upward but beware the spin.
No chance to buy. Now back to how it started and rising.
Get all that. Same is true for adv payments that flattered end of year cash postion. Point is can't see revenue being in 30s or even high 20s when forecast is 40-45M for year and it's H2 weighted.
Get all that. Same is true for adv payments that flattered end of year cash postion. Point is can't see revenue being in 30s or even high 20s when forecast is 40-45M for year and it's H2 weighted.
https://find-and-update.company-information.service.gov.uk/company/07514939/filing-history
The unaudited financial accounts to 31 May 2021 (posted on this BB a few months back) showed trade and other receivables of 11.7M for the first 5 months. Guidance was revenue and proftiability would be H2 weighted, with total revenue aiming to be in order of 40-45M for the year, so H1 likely to be EBITDA +ve (as per recent CF statements) and net profit -ve. If it was widely different to this, the SP would not be where it's at.
Presentation of results with Investor Meet, 20th at 6pm
Ok, will do. Thnx
It's not being paid back. If you listen to the CFO during the results presentation, he states that the pre-payments are being used throughout the business as working capital , so cash is falling from a previously flattering position. The issue is, OO are still loss making and retained earnings are falling. That said, over the full year they expect to be profitable. Current hiatus in SP doesn't seem surprising based on these figures.
Results to 31 May are showing a fall in current assets of £1.4M and a total comprehensive loss for the period of £645k. The Y20 cash position was flattered by pre-payments but still, not exactly blowing the lights out
Having complained that all my Poolbeg shares were credited outside my ISA in my share dealing account, this has now been sorted during the day, so are now correctly split in the respective accounts. Sounds like others are getting sorted too, which is great.
In case it helps others, I contacted my account manager and got these replies:
Question on why all Poolbeg assigned to share dealing account and not the ISA:
"This is non-qualifying ISA stock - the new shares will be held in a trust for around 9 months and Poolberg will seek a listing on a stock exchange - so the shares that you currently hold are not tradeable"
Me: Understood but after the 9 month lock-in period, will they then be automatically transferred across to the ISA?
"I wouldn't be able to confirm anything at this stage, sorry"
Question on why Incorrect number of shares credited to my account:
"Query raised and will be checked/revert."
Also, ISA dividend (in specie) should go in the ISA and share dealing dividend should go into share dealing account, so suggest peeps contact their account managers/brokers to raise the issue.
I have close to 1M shares and the error is not a simple rounding down of +/- a share, but several thousand. I'll contact my account manager. Appreciate the replies to show it was not just me. Thanks.