Member Info for deepjoy

true to my word I didnt listen last night but, to whoever got that question asked about the II's investment behaviour and share register outlined in wally's summary (Demon perhaps?) thank you ! glad some of the concerns were put to Cathal it needed to be said and he gave an answer of sorts at least. Lets see what the next three months bring then, he has committed to a three month (December) timeline so easier to judge progress now.

Indi...I respect all your posts and opinions to be fair. The only point I would make is that Cathal stated in May that transformational news was weeks away and then again in every presentation since. The bottom line here is that as a CEO pumped the company (fair enough) but also stated that share holders can hold him to account. He perhaps should be held to account as for all those investors such as luckyball (see post below) we have had lots of talk but actually no share holder value for anyone invested throughout the period since other than savvy traders, 28% discounted invisible placees and a hideous american hedge fund with an unmentionable name..
He cannot be proud of that record you're right in fact from a marketing stand point he should be probably ashamed.

Its not all rosy in the garden and respect to you for acknowledging that in your post. During the last two presentation he did I tried to ask pertinent questions which never got mentioned...maybe some will have more luck tonight but for me he needs to be pushed hard on his handling of the last raise and lack of transparency of his share register. Demon made a very good point below that is what he should be asked in public about. He played the Covid marketing cards now lets see his hand in simple terms.... :)

The problem with this company now in my mind at least is from two areas. The first is that the share register is not transparent and in that sense these so called institutions and friends and family investors of Cathal's can come and go unnoticed. For someone with such experience in the broker side of business I do not know why he could not attract 3% plus holders after the departure of two major funds this year and the associated TR1s we had to put up with.
My second emerging concern is a binary one... all the talk of major million pound contracts etc, fall from a successful outcome of the convid Challenge study model. If that does not come to fruition then the assets on the company balance sheet against revenue (not uncounted assets) will start to make this look overvalued... Now before I get accused of being too gloomy I am invested heavily in here and have been for a long time but there comes a point when you have to look at the facts reported and get away from the emotional side of investing. I'll make a point of record and state as a relative LTH that end of October is my cut off point. Either we have an undervalued business or we don't. If it isn't clear by that point then, in my view, better investment opportunities elsewhere. Six weeks without a contract announcement in the world we now live in concerns me and I hate filler RNS' and cant bear watching that ruddy slide show again.. :(

regards to all - not so joyful deepjoy :)

to be honest tonight's presentation will be the first I am not listening into over the last ten months so nothing from my perspective. Can't see any update to the investor presentation on the Orph site since June and he cant talk about the details of anything without market disclosure so I presume it will be the usual talk of transformational news in the weeks and months ahead type stuff. I've decided to take a break from the in depth stuff for a bit and just sit it out and see where we go. :)

16-Sep-20 12:06:09 15.00 666,606 Buy* 14.70 15.00 99.99k

I see Cathal releasing the interim figures tomorrow so as to have something to talk through at the presentation. I hope they show profit reached in the accounts but I am not sure they will; failing that the forward looking statement should hammer that point home. He did say they were due mid to late September... :)

Jimzi... In all honesty I have no idea either .. sorry

interesting as AJ Bell also withdrew their broker and live/ recent trade data last Friday with no notice and no explanation other than they decided to stream line the service but not the cost...awful.

Barwick.. Fair enough, can't argue with that approach, only wish I had done more often myself over the past few weeks :)

typo three months not five and I am entitled to have winge now and again surely. Moni does it every post so give me some slack Bronx :)

You're right KTRB but the way this has been the past five months only traders not investors have made any returns (in that time) the more it is traded the more it looses sticky money investors. The fact that Institutional class investors as Cathal refers to them are prepared to take 20% returns in five months cheeses me right off :(

that after ten months in this share I am growing tired of it being continually rinsed almost immediately as progress is made. I don't know who the so called investors where that supposedly invested in the last raise but I must confess I am growing tired of the trading patterns here all told. Good job I am patient

Not huge fan of filler RNS' but to be fair the company is doing the PR rounds and letting the market know they are being taken seriously among the medical specialist community so no complaint from me. All remains as before, this month is a critical one for Open Orphan and I have no reason to doubt that the company will deliver for investors.
We know the end of month financials will show the profit tipping point has been reached either in the accounts or the forward looking statement so that is a good thing. We also know the company has a strong cash position and confirmed that no further raises will take place. Whether you in for the ride for immutex, Challenge study model, or the data store we can assume that at least one of the three will be transformational ; if not for the company than at least for our bank balance.

So 'ceteris paribus' I am going to have made a very very good return from sticking with this share and trusting the CEO. Not come across many investment opportunities like this and doubt I will again for a very long time. All good unless you are impatient and send too much time watching live pricing perhaps. regards DJ

Seems we got lucky...NT to buy for the last ten minutes on my platform... :)

Indy...yep can't complain i was tempted into a little top up earlier again.. Best wishes DJ

Good call :)

MT.. agree with you. The volumes of the past two days indicate people trimming not the big sell off we've had over the past two months. Personally I see September as the key month for Open Orphan. Cathal will know he needs to signal some strategic progress on Immutex and most importantly the Covid CS model. Given the company will formally announce profitability at end of month it is all looking good. My risk worry was invesco holding but they gave a commitment until December end and so far have stuck to their word. Exciting times now upon us; just hope people appreciate that like some of us here do.. :)

Swap... he did say early September and it is very early September after all. I see news next week to get the flow going before the end of month financials. Be interesting to see how the US markets play out today and tomorrow, got some cash ready for any over reaction bargains that might show up. :)

Barwick... It was overly technical but the way I look at it is simply that some people (incl large holders) are reducing risk exposure and taking some profit; nothing more. The SP has some strength and hasn't collapsed. There is no shortage of buyers at these prices. So, I am more than content to sit on my hands as the story hasn't changed as I tend to ignore the inpatient idiots on here although they are few in number.
All good from my perspective and most importantly the company is on track :)

Hollybean... The simple fact that it can go lower or it can go higher... If it does go into free fall I'll keep getting my wallet out as trader only win once in a share whereas investors can keep on winning over time again and again.. Cheers