The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Quite a mixed bag really but to be expected when refinancing and restructuring occurs in a business. Good forward movement over the past 6 months but as mentioned the underlying figures still show a loss. Taking into account the buying of GC and the funding for further expansion the future income should see this loss diminish over the next 6 months. If growth continues there's no reason why the next financial report should look a lot healthier. Further contract news would help us along and I hope the BOD are a bit more forthcoming with details in their reporting. An SP floating between 15 and 20 looks likely over the coming months.
Very strange this week. After a good start it looked as though an RNS may have been posted , but then the buys dried up and we saw the huge sells. I don't believe the sells are anything to worry about as I believe they are the result of multi transactions between ii,s and are needed for liquidity. Its seems obvious that an RNS hasn't been lodged so next week should see our news and as Naked says it should result in trading. Direction of trades will not tell us much as a lodged RNS tends to result in buys as some gamble on the news being good. I think Sahid is correct in that within 6 months time we will see the results of the companies slow business build up. Time to hold then.
Good to see your around. Hope you enjoyed the trip , yeah you haven't missed much mate , just me rambling on,lol.
Where has everyone gone lately ? I,m lonely holding the fort here on my own.
Wow ! Massive late sells. We should see plenty of liquidity now , maybe enough for a decent rise on news if news is good.
Expecting some late buys to fill the sells.
Another pop at 18 tomorrow maybe , I see they freed up another 25k at the bell. Should be a strong week as RNS expected this week. Lets hope the financial,s prove likeable to the market.
And there they are.
Bid moving up slowly on sells , I,ll be expecting a couple more big buys at the end of the day.
A couple of late buys to soak up all those little sells including a sell of 1. Will the RNS myth prove to be right tomorrow A.M ?
As expected. Ready for the next fill and buying orders , hopefully !!
Big buy order filled possibly ? Seems to be a late large trade over the past few days.
Looks like another visit to the lower 16,s is on the cards once again. Very disappointing to see that we cannot kick on from the recent rally to near 18. With the update coming in the next few weeks I was hoping for an SP in the low 20,s before it's released.
For me an SP back in the 30,s would be a sign of recovery. Long,long way to go yet.
Well judging by Fridays volume and the movement in price I would say that it is highly likely that we will be expecting an RNS early this coming week. Sticking my neck out there I don't think. So if this ends up being the case I could safely say it depends what the news is. If Fridays movement was purely technical then I would expect to see a little further drop to 14.75 / 15.00 before a technical bounce.
Will check my prorealtime later as I haven't looked at it for ages, just been hoping for a change here lately.
Seems like my early post started the action here today,lol. Lucky guess as far as timing was concerned but an inevitable drop as I said earlier.
The gap at 15p looks inevitable now mate so you made a good decision to wait fella. Remember those charty conversations we had discussing the 40,s and high 30,s. Seems a long time ago now mate and a long climb back there also. However, APC look to be planning for the long game with the regular contract agreements with important companies and their financing moves to be able to expand with further contract agreements. I can see this starting to move north within the next few months as we have a interim report due in May and I believe we may get more detail as far as future profits are concerned. Summer also seems to be a good time for this company as far as signing deals is concerned. Could be the optimum time to buy in within the next few trading days. I,ll have to wait for my money to make a return.
Well, taken below the level that I would have expected today but I guess that was to accommodate the late reported 100k buy just after 9am. Looks like a lot of interest stirring now and a sensible guess would be for an update in the morning. I hope not though and would rather see some more upward momentum before its release.
Looks like its back down to Lower Bollinger at 22.75 and then back up again. Being played within its boundaries for all its worth before the trading update. By the way looking at yesterdays trades I made it 104k of buys against supposed sells.