The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Cheers - appreciate the caution advice also but for me the placing at the end of March at 10p for £9.5m vs 71% premium to the SP at the time makes this a no brainer for double digits. Normally a LTH but recent pharma bubble/plays have led me to shorter plays - I'll be honest enough to say that, and do so understanding that for many this is a longer hold.
And Ed Moses is a legend of an athlete - if you get a chance to read his story is phenomenal - the man had a nearly 10ft stride! still has the record for 122 straight victories - made him undefeated for 9 years. What a bloke.
Entry level / Averaging down / Top Up opportunities are brilliant right now - gradually been increasing my holding and average is far more respectable now. What hasn't changed is the fundamental story here - for me the impact of COVID worldwide doesn't affect:
1. The overall possibilities for STAR
2. The dedication of the BoD
3. The business partnerships built over the last few years especially
4. The fact we have leading tech
Everything else is time and whilst the world and therefore companies like STAR will feel the effect of time, I don't see any dampening of the progress they have and continue to make over the longer term.
Riddler already stated this yesterday?!?!?!
Means there’s no placing for at least a year. And it’s standard - 8% of revs for very SME.
Regardless, this is great news and should allay a lot of concerns (real or otherwise, from holders or otherwise)
How quickly people forget - or do they, actually hard to tell, as there's lots of folks posting here that haven't had a word to say about STAR during the years I've held - that the company are most likely one decent deal RNS away from complete turnaround in the SP. The world has gone to hell in a handbag for a short period, how can anyone be shocked and start flailing their arms about STAR in this climate? When the dust settles, and it will, STAR find themselves in an even more important sector, still with leading tech and still with the partnerships they had targeted. It makes sense that the company will benefit at that point. We are right to be unhappy here and now but if your feel that extraneous circumstances outside of the BOD control and that affect every single person on the planet is the yard stick by which to judge this company, STAR isn't for you. Still holding here, will be adding when cash flow allows.
I've been quiet as run a security company and we've been flat out - all hands to deck type stuff at the moment - but managed to get two orders in today to average down a litte. Sold out of SNG, MWG and ESL to do so - still underwater but also still believe regardless of what is happening in the world that 2020 remains the year for STAR.
Still doesn't get it. It wasn't what you were saying as such - the point was valid enough the first time you made it. Any investor would agree. It was the frequency and that married to offering nothing else. People would post well researched commentary, details of potential deals, areas for growth, comms activities away from STAR that could have a bearing - loads and loads of really good quality input worth further reading or researching.
Then you would immediately post "They will need capital for production revenue". Pretty much just that, a one liner or similar, every single time. That's been your contribution. The same repeated input. And your defence - someone needs to ask the challenging questions. If you held, phone the BoD - that's how you ask a challenging question.
What you do is de-ramp. Offer no insight or discussion point. And as I have said before you now need to own that is how you are seen.
The revision here by some is not forgotten. Stephen has disappeared having continually guaranteed a placing and others now paint a picture that they were always onside but who, for several weeks, refused to be listened too by LTH's who had to face the same repeated post time after time after time about funding and had to face accusations of being one eyed.
Clearly Riddler has the same opinion - I know I wont forget spending time here trying to detail research and add commentary whilst at the same time having to sift through the same one liner form the same person over and over. You never listened to us Dougal. Not once. You stubbornly kept on with your little de-ramp game and now your here still, but now all sunshine and light.
You've helped for a picture of yourself that will simply not be forgotten by the majority here.
Hear that at the 2 day investor roadshow, the company showed energy, excitement & there will not be a need for placing to fund hitting & surpassing revised Allenby targets - talks re creative means of Funding are advanced. No Advice Given, DYOR
That's an excellent point - we've talked before about the lack of exclusivity that the partnerships have, yet STAR are positioned with these blue chip manufacturers as absolutely essential to many of their core products. Its an odd dichotomy, to be so reliant on a product/s so important without safeguarding against either takeover or competition f the supplier, but one that plays into STARs hands in particular.
Ridiculous. After weeks of banging on about a supposed guaranteed placing, these two are now talking about alternative funding - which has been our counter every time they've banged on about this supposed guaranteed funding. So they are slowly turning their narrative into the one that we have been upholding for weeks as if its their own. Look its for everyone to make their minds up here, do your own research, no advice given. Listen to who you want. I'm happy with the conversations I have away from here and feel like interacting like this is pointless. So I'm gonna leave you to it and will do my best not to comment vs you both. As ever good luck to you both and hope everyone gets what they need in the common interest. I'll still contribute to the larger discussion when apt.
For me a balanced view is one whereby you look at all positives and negatives. It’s not posting the same single negative over and over and over every time another new positive arrives - it isn’t. The fact that the positive massively outweighs the one single negative as you see it should not mean that you have to repost that one single negative continually and with such regularity - that is clearly an unbalanced bias towards the one thing you think works against the company. The fact that everyone sees that and asks you to stop or change tack but you stubbornly refuse too simply amplifies your agenda which is now fully transparent. To them also get caught out as you did yesterday throws more weight upon the opinion of what you are and what drives you.
And as to that negative, even when there’s assurance in RNS that a placing won’t happen you still bang the same drum.
Your not a hero here, your not fulfilling some mission to be the upright guy with the balanced view - your view is skewered to suit your personal agenda which doesn’t match the majority of PI’s here and for that you are being judged. Own it, it’s your own making.