The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This BB has become such a sheet show with all the bickering and continuous will-e waving.
For heaven's sake I've seen key stage 1 in the playground with more decorum.
Newbie here to RKh, well actually I've bought and sold this prior to sealion and sold on the slide down... Must have been 2012?
I'm here to trade this for old time sake.
The likes of RKh, desire, xel, fogl, gkp bring back memories of great paper profits getting washed away. I had move always from oilies, but fancied one last spin on black.
GLA.
Just as long as there is no management buyout on the table.
actually, i agree with you and for the following reasons.
Lots of LTH never expected to see the price begin with a 2 again. If they topped up it they are probably on the run up into the 30s. all the talk of hold for gold etc has been dented. I would suggest that no matter what future price targets you might have had at the start of the year they have been reduced. In addition most would have had a reality check and decided not to put such a large percentage into OO and instead diversify more.
Im not sure why everyone is calling out derampers. The biggest deramp is the share price. it speaks for itself.
If you look back over the past month the price has dropped 30%. there is watching the price reduce in market turbulence vs watch a rock drop. I would say most investors expect a holding to drop maybe 20% in a time period but OO is bonkers, especially given comments on price stability. The market is dropping, but OO is exaggerated.
We know what the business case is, but the reality and market place is more detached than that. Is OO such a hidden gem that only those on this BB (and the telegram group seem to know) or is the market right? I would say the market is right more frequently than you or I.
Maybe I'm missing the AIM effect that you refer to. But if I look at the past month for shares in my portfolio/watchlist
- SNG
-Cambridge cognition
-Greatland gold
- Allied minds
I can pretty much tell you that none has dropped as much as OO, any drop is maybe 5-6%.
I've just twigged why there will be no DIM contracts. It's not because of legal or accounting complexity.
Early contracts would then put pressure on the OO share price. Whilst it will boost short term it will be a major drag on the price post demerging.
I'm fairly certain CF wakes up every morning, looks in the mirror and says 'show me the money'. If there is a deal to be done he would do it. I don't think something like legal or accounting complexity would.stop him. So the question is, why no DIM deals now?
I can't wait for poolbeg to list and have its own share chat.
There's only so many times you can discuss
1. The ex div date
2. How many shares you get
3. Shares arrived into Account
4. Date shares to list.
No numbers.
Usually form is for the SP to fall on an RNs. Hopefully the EBITDA comment calms nerves and stops the daily falls. I'm guessing it buys a few days and then something significant next week.
Here are my thoughts on a view things
1. Every investor looks at opportunity cost and where you could have invested and can invest. OO has failed to build on last year and the SP is pretty much where it was 6 months ago.
2. OO in dragons den style has a genuine USP. The case is compelling, at least for me and I have been in since hvivo.
3. The share price is no where near where it should be. But the fact it isn't questions my view as a Lth as to where it will be in 6 months, compared to what I thought it would be.
4. The bear with us view hasn't amounted to any real fruitfulness. I consider this from the February presentation and nothing of merit has happened.
5. The poolbeg spinoff has raised more questions than necessary. For simplicity's sake I hope the next spin off deals in round numbers.
6. All these spinning plates aren't going anywhere. I'm not invested in CF. I am invested based on point 2. He is charming but we are now in the delivery phase.
7. Most takeovers I have seen are between 30-60% premium. Not multiples!
My point is that my view on where I think the SP will be at year end has reduced to what I thought. I am still invested but like everyone probably kicking themselves they didn't sell in the 40s
No price stability, just a gradual decline.
At this price a serious bounce is required to improve sentiment even just to get us back to the mid 30s.
At what point do you turn and think the market must know something I don't.
Let's hope the big news provides a sustained rise of more than 30%.
At that rate OO will be worth nothing by the time we get to DIM spinoff. I'm not convinced on this.
Following today's RNS, Is it likely that we will get the 2020 financial results in or around the GM?
Post Easter was previously mentioned although I'm not clear if the GM now provides a backstop.
Just sent an email to their legal guy to get their facts straight. He has replied back that he will get the editorial team to look into it.
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Hi Lawrence,
I would like to draw your attention to the following article
https://www.fool.co.uk/investing/2021/04/13/the-open-orphan-orph-share-price-is-surging-should-i-buy-now/
In it the author makes an assertion that the forecasted revenue for the firm is £29m and calculates the price/sales ratio as 10. This is incorrect as actualised sales are well ahead of this. Infact, projected profit is likely to be closer to £29m.
The author also calls out earlier in the article that a £46m contract has been reached last October. This only further invalidates the £29m.
Can the facts with the article be reviewed and corrected if necessary, so as not to mislead.
https://www.fool.co.uk/investing/2021/04/13/the-open-orphan-orph-share-price-is-surging-should-i-buy-now/
Revenue mixed up with profit. Doh!
I think if there is an rns it will most likely confirm there are talks with multiple parties for the sale of immutex.
Otherwise i would have thought it too difficult to hold back timings to a specific day for other news. Guess the week ahead will be interesting.
putting aside the sales from the wearables for a moment and the dividend. I would have thought the move into data would change the growth of the company and cause the market to view the P/E at a different level altogether.
The divi(s) will potentially release a lot of cash to shareholders. The question that will come up is how it gets used.
Lets say you have 10k in OO today and assume the divi could be same as the current price
. You then get 10k divi which you reinvest. Then let's say OO hits target of 50% price rise in 6 months, your 10k is now 30k. I agree with you potential tripling just on the reinvesting case.
I know it's a simplistic view, but then ask yourself, will C.F. be buying more shares with the divi
knowing where the company is headed. If it's compelling to him then it is to me. The cash from the divi will in itself create more demand for the shares.