The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wb...if they win the case the ltip is met.
They can close up shop and do nowt for 2 years.
Hardly an incentive.
LR strikes me that he will try and shift the sp..more than others before him
However ultimately it will depend on him getting results and not bankrupting the company
Next week in a only pre trial review.
So I expect it to be over relatively quickly with a result on the application fairly shortly ..judging by the wording in the rns
We could hear something next week.
If the application gets rejected ..then be interesting to see if it changes gov mind on trial.
Would ncyt settle for a compromise just to put an end to it?
Yes they might lose some money but presumably keeps a better relationship with NHS for future products?
Either way next week and we are only 2 months away from a conclusion
Gla
Haha sniffer.
The margin increase is good but the sales are still pitiful...15 months targeting the largest economy in the world..and what do they have to show for it? Not. Much of an increase. In sales for sure.
India...oh now another target market....uk..eu..usa...india...where next?
Not sure how Carolyn can be considered an asset ? What do we know she has done?
Gross profit is up but don't forget the backlog from the year before contributed and so we are prob only marginally above the year before that.
And what is the real profit ? When expenses have been deducted?
Gov dispute will probably go against cnsl....both tories and Labour can get brownie points from being seen to pursue tax payer money wasted during covid
Agreed atan....
I think some are just too pig headed and stubborn to see the reality. Gambier's who can't take being wrong.will stay in until the bitter end when they could have made money back elswhre
Plus some pump and dump merchants.
They usually go quiet as they cash out for a bit of coin
Much better shares out there....if you look around
People need to forget about the covid bubble
Good poi not atan.
Were only a handful of buys at the lowest points.
I don't think 3.75p will hold. Always risk of bad news on gov dispute too
Good post atan..good to see you back with factual posts
I had forgot that last year's sales were bolstered by the backlog from the year before..
So looks better than it actually is
I am looking forward to full results where we can see what the actual EBITDA is
I
Andy that was the open offer not the placing. After the placing they tried to open up the offer to mug punters
Nobody took the open offer up
The placing figure is a lot higher..gazillions
Andy..there was always going to be a retrace as the froth from update dies down.
If there is a prolonged period of no news ..like there normally is then you will see the so drift down
The traders have had their fun...and the shrewd will already be out and ready for the next opportunity.
As for 4 p placing shares...lse is currently only showing 5 trades of £3 k in total. These won't be the placing shares
Believe me it will take what seems an eternity to get through the gazillion..especially as there is nothing really to drive the so north of 4p at the moment.
Their was froth from the news of first profit in years ...but this is not an exciting aim share like a mine or oil field with results coming .
It is a lot of jam tomorrow with yearly sales of £10 m or whatever it was a year. Barely into profit from the " expected," comment
You of all people know why I continue to post.
"A group of individuals buying just under the amount can explain that"
Lol...so a group of individuals are trying to take over the company but hiding it by being other the tr1 threshold? Lmfao. Do you realise how stupid that sounds?
How about no tr1 cos it isn't happening.....look up occam' s razor
Most obvious is the answer
Rubbish 5-0
You have been trying to sell big buyer for awhile now.
No TR1 s mate...it ain't happening
Plumb - well it may be true of many of the "lifestyle" companies on AIM -I am not sure about "most" listed companies in the UK.
Oh and of course the gazillion 4p placing shares that the bucket shop flippers got trapped with.
they will want their money back asap.
so will start to sell
If anyone has been in a share where there is a huge placing to be churned through - knows what i am talking about
Plumb
My issues with the company are :
1) They have a history of not being entirely honest with share holders. The tweets of "busy busy" and "big things coming" when clearly they were not doing anything as there was no product to manufacture for the gov
They then said we don't need a placing and the very next day were hawking around trying to raise
even the latest financial update is misleading with a gross profit announcement - however then stating that they only "expect" EBITDA to be positive?. Hardly convincing. We still don't know what profit (if any?) will be after expenses like salaries are deducted. of course it generates froth and gives the pump and dumpers something to ramp - but be careful with now trying to project this into the company being worth multiples of what it is currently worth
2) the company always has a very thin slither of jam tomorrow eg target market is usa - then when nothing much happens they move on to another "target market"..uk ...to eu..to usa..to...xxxxx
They have spent years trying to crack usa - and they were "focused" on it for the last 15 months. how much have they actually increased sales in usa? does not look like much to me. it is ok talking about % but if it is only a £1m or so then can we really call it a huge success?
of course now they are shifting to India
3) i don't have much faith in current management or sales team
4) the only remaining product line is highly contentious - research IGG tests and the multitude of scientists and authorities recommending against its use. I even opened a thread on it with lists
unfortunately the real scientific stuff was sold off to keep the company afloat
5) they are being pursued by the gov for hard earned tax payer money that they took during covid and the gov wants back. in my opinion they will have to pay the full £2.5m back.
of course they say they believe they have a counter claim and are "vigorously" pursuing it? really?
how ? if they were in my opinion they would be taking the gov to court. otherwise it looks like a bit of a bluff to try and get out of paying. nothing wrong in that and actually the right thing to do - but unfortunately a contract is a contract.
At the end of the day the gov wants it back and odx signed a very "weak" contract
Sorry to hear that rad.
You weren't the only one. I think this is the reason some on here are desperately trying to pump and lie about this stock..in the hope of recovering losses.
I suppose in one way you can't blame them ..but I am not sure trying to suck newbies in is the way to go .
Especially if they continually spout that their golden rule is to do unto others...
Karma
Good news for holders that it has finally broken 4p.
However this now gets into territory where there is the r isk that the gazillion 4p placing shares will be dumped .
Don't expect 4p to hold. The company is barely in profit.
Remember they have said they " expect " positive EBITDA ...hardly a massive net profit alert
How can a company only just in profit be worth 10p? Ffs
Huge profits? Lol
Wait until final results and ebitda...company expecting it to be positive does not sound like huge profits
Lazy - the cash improved in the last financial year because of the sale of CD4 - hence no correlation at all
this time there are no additional income from sale of portfolio - so there will be a lot more correlation - it certainly will be a lot more accurate than the gross profit figure that everyone is quoting
"The baseline for TSR is based on the average closing price of the Company's shares in December 2023, which was £0.63. This will then be compared to the equivalent figure in December 2026."
GL - correct me if i am wrong but they are comparing the beginning to the end of the 3 year period
so increase of 30% from 0.64p - would give 10% per year over 3 years
increase of 90% - would give 30% per year
i think we would all expect the price to be over £1.28 if we win
or have i got it wrong?