The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The SP goes up 3% today and everyone here is ramping this stock up and speculating that good news is imminent.
The SP price is reflective of the lack of trust and confidence in the stock and remember the drug failed p3 trials.
I will have a bet with Chesee that if this SP surpasses 32p by the end of next month I will happily leave this forum and leave you rampers in peace
Healthy return,
We are supposedly on the cusp of the biggest recession in the last 100 years and will see a high levels of unemployment and reduced incomes and to think that consumers will continue to spend on Superdry goods like they have done previously is the wrong assertion. Your also assuming Julian's recovery plan will work how many plans have we seen fail in the past.
Snowwomen also makes a good point Julian is too invested in all the other business ventures which stems from hotels, cider, pubs, property and floral businesses which could prove a distraction. I question whether Julian and James Holder have the same hunger as they had before. If this business fails they still have their mansions, sports cars, private jet and a bank account that most people would only dream about. I hope Julian can turn things around but the fashion industry is a ruthless industry and once your on that downward trend its hard to stop the momentum. I bought in just before the SP fell below 100 as a gamble bet but I like their products and have faith if they invest more in to their digital efforts they may be able to turn the tide.
The opening of the superdry stores in june has been priced in. In my view its down to few things firstly poor trading performance prior COVID-19 and secondly the volatility of the retail market. We have seen many retailers most evidently clothing companies that have gone into liquidation in recent years so investors are still nervous. With the stores opening does not necessary translate to the business returning to normal. You have to remember consumers will be not have the same spending power now due to uncertainty of jobs and pay cuts. Yes the stores will entice more purchases and will amplify revenues but until the whole situation improves you should suspect difficult trading periods for the next two years. The main emphasis for Superdry should be about survival and preserving cash in the business but also investing in their online presence. My view at the end of the year we are looking at a target price of 160-180 if and looking at 250p in a few years time (if superdry survive).
MavdrickD I'd like to know what your smoking as I'd like some. This SP will not go up to £1 in the space of a month lol
We will be lucky to be trading at 25p. People seem to forget here that IMM failed trials a few years ago and the stock has remained at these levels since. Patience is key here and having been someone who has ramped this stock in the past and got burnt I'm cautious and patient. If only the drug was as good as Tim's marketing and salesmanship all the shareholders would all be wealthier people
I think we are speculating but we will need to see the outcome of the investigation. If Easyjet has followed all guidelines and had all the security measures in place to protect customers data you could argue that there were not negligent. It maybe the case the hackers have becoming more sophisticated over the years and maybe impossible to thwart against all types of threats. You can put the best securities measures in place but the best hackers in the world will always find a way to get through. If on the otherhand EasyJet have not shown to have done enough in this area then suspect the same fines like we saw with BA.
ICO will be wanting to exercise their powers like they did with BA so don't think Easyjet will get off lightly just because of COVID. On top of this you have the potential law suits by consumers due to their data been stolen. If Easyjet can invest 5bn in to new airplanes surely they can upgrade their security systems. This has undone Easyjet's what once was credible reputation and I hope they have some spare cash to pay off the fines. Lets hope they get off lightly on this one
I would have thought the share price would have plummeted by at least 10% on such news. I mean the ramifications of this is a impact of £200m -£300m fine which would almost certainly cripple the company to its knees. Will the ICO still fine Easyjet if they had all the security measures and protocols in place? I mean surelythey would have looked at what happened to BA and put in robust systems and measures?
The market has liked the news but still sceptical. There is a lot of people ramping this stock up but the truth is IMM have a long way to go and failed the P3 trial's few years ago. Investors are being cautious and have every right to be. I don't think the SP will progress from here unless we get more concrete RNS with more details and more robust plans. I will adopt the Nolupus approach of caution until there is something more concrete.
Well I'm not complaining has supressed the SP price so I can get it on the cheap before a big rise. I'm probably more down to earth than some here today I do not see this rising to £1 not even close - I hope I'm proven wrong