The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bought 100k @ 23.9
I’ll ride it back up to 28/30
Whooooaa! No come on 101….surely depends on who it’s with….;-)
This will take some time because of macro pressures. I’m looking a move to around 70/80p by Christmas as investors and brokers look for a bargain and there’s a fomo effect. But as we move through next year and inflation begins to subside in Q1 & Q2 and fall off a cliff in Q3&4 SP should begin to take off as interest rates plateau and people begin to become more confident. I definitely see this reaching 150 end of next summer and £2 by next Christmas. So I’m a medium term hold and will get out around £3 in early 2024
Picked up 100k of these yesterday in the hope of some movement. I think they might move to 60p over the next week with probably 80p by Christmas. For once I might have bought at the right time….
Picked up a block @61.8p so will tuck this away with some recently bought RENX
Just had to pick myself up off the floor with this revision…..
Up until last autumn Barclays was overweight with a target of 900p. What utter, utter clowns ??.
Just a bunch of arse-covering clowns…….have I already said clowns?
Although they must be laughing because someone is paying their wages to come up with total ****e like this. It’s totally embarrassing and they should have a list of all their broker recommendations and share price movements in the following 12 months on their websites so clients can see what drivel they come out with. So embarrassing.
Take all broker recommendations with a pinch of salt.
On a separate note, the company is very quiet. Can’t remember the last time we had any positive new out of that lot as well. And I mean positive, not just regulatory info….
I guess you can see what a day I’ve had…..
CM
Email to Group Comms Director:
Dear Adam,
How can any self respecting board of directors stand by and let the share price crash so much. I hope that directors have vented their anger at the CEO for the interference of his MUM for goodness sake.
I am a shareholder and sitting on losses but you, collectively as a company are doing anything to mitigate the pain caused by shareholders, big and small.
Where is the announcement of a Chairman to aid proper governance?
I would like an answer to some of these questions please and not just a stock reply about pumping out Q4 figures a few weeks ago.
Regards,
BM
REPLY:
Dear B,
Our board is not just standing by, as evidenced by the strong growth the company has just reported and has guided to for the coming year.
Ultimately our performance will drive the share price back up to where we all believe it should be.
The process to appoint of a new chair, along with the other strategic changes announced in Q4 are ongoing, and we will update the market with our FY results (always assuming that there is no news in the meantime). In my experience, shareholders value the appointment of the right candidate over a quick appointment.
Regards
Adam
Adam Kay
Group Communications Director | THG PLC
I have a large chunk with an average of £2.04
I am looking to review once I have doubled up…….
CM
Called this yesterday evening and flagged the lightening turnaround in PPS without any company updates. Highly manipulated shares like these can turn on a sixpence. Stick with my 250p call by Christmas.
It seems a long way off, but I think this is due the second week in Jan. A lot could happen between now and then. Sometimes companies give a pre-trading update. That would be welcome here.
Just looking at the PPS chat and a little over a month ago, small investors there were beginning to capitulate and sell up, then suddenly a over 100% rise from low 20s to mid 50s. That happened on a matter of two weeks. With so much negative sentiment, and blood literally on the streets, I’m minded to take a contrarian view on this. 250p by Christmas and 350p end of Jan.
DYOR,
CM
Just taken a chunk so hopefully will turn from here. Massive manipulation but expecting to double my money before Christmas.
This has been dropping like a brick for some time now. Can’t remember the last time we had two blue days……
There has been very little in terms of volume for quite some time. The management seem to be very opaque in terms of communication. Perhaps they need to be a little more vocal in keeping the market updated. Would be nice if this started to climb. Both house brokers have sp targets over £2.
Would be nice if there was some coverage from other brokers.
CM
This share has been savaged since the upgraded forecast. Macro economic worries aside, this share seems to be performing far worse than other advertisers.
CM
This share seems to attract very little interest and subsequently, seems to be ripe for mm to manipulate. Let’s hope for some sustained news.
Monkey nuts of course.......
Brokers now upgrading forecasts ahead of results. This will fly soon.
DYOR
Dear XXXX,
I understand your frustration, the shares have been under pressure for a long time and this is something we take very seriously. As you are likely aware we’ve faced a number of challenges over the last five years, not least the Covid-19 pandemic which has had a significant impact on our business over the last year. Despite this we have a plan to improve our earnings by c.£500m by 2023 and there are reasons to feel optimistic – I’ve listed a few below:
Recovery from Covid-19: When Government restrictions are lifted our roaming revenue will return, and our enterprise customers should resume spending decisions allowing us to recover
Regulation: The regulatory environment is looking much more favourable with Ofcom looking to stimulate investment in full fibre, allowing us to increase our wholesale prices in-line with inflation alongside other measures
Transformation: We have a very ambitious business transformation programme, looking to take £1bn of cost out of the business by 2023, and £2bn by 2025, while also simplifying our products, processes and systems
Fibre and growth products: We are investing today in products that will help future-proof BT, such as full fibre, which we are building faster than anyone else, and to a higher quality. We also have the best 5G network in the UK, and are increasingly able to leverage the combined benefits of both our fixed and mobile networks. Alongside this our enterprise units are selling the latest in Software-Defined networking. These are all products key to the UK’s future
Of course there will be challenges to overcome on the way, but the management team is working hard to ensure we are a growing business going forward.
Best regards, Ahmed
So UBS thinks BT is worth just £10. Billion? What a complete joke.
Does UBS stand for Utter Bull ****e?
Lol - made myself laugh then....
UBS is one of the main banks to advise Vodafone on a number of acquisitions and sales. This broker note smells of deeply vested interests. This is the city network playing games to destabilise BT. Half of these brokers play catch up with the market while the other half are almost always wrong. Cannot believe they get paid to spurt this total crap. Makes me laugh so much. They are so far up their own backsides, it’s unbelievable. Hahaha.
CM