The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hardly surprising given the country is getting poorer and discretionary spending is under pressure
How is M&B any better? Stands to be a victim of the 'squeezed middle' and the debt position is argubly worse. They report tomorrow so we'll soon see...
MARS and MAB look like a binary bet on if there is a consumer downturn or not. I think there will be given inflation and fiscal drag and am short MAB. LFL sales aren't keeping pace with food inflation (highest of the lot) so are down in real terms.
I bought this week. Surprised by the weakness. At the same time I'm short FEVR and watching it go to the moon despite profits in reverse gear and still being valued on over 60x earnings. Market makes no sense sometimes
Investment case looks solid, share price weak, so I added quite a few this morning. Decent position for me now.
I'd say the main takeaway from today is that Q1 has returned to being rather meaningless in the sheme of annual performance. Pointless inferring much from it though if seasonal weightings mirror 2021, it's actually a very promising start. No retrace in pricing was better than I had expected. I say we're probably not going to have an idea of where we are as a company until the Q3 update.
Why? The CEO's buying has only served to prove he doesn't know what he's doing. I'm out for a huge loss and won't be back at any price.
Jeez, what a shower. CEO's buying makes him look even worse
What's the point quoting EBITDA when depreciation (of the equipment) is one of your greatest costs?
Given 20% organic growth this year and continued momentum, analysts look well behind for 2023, they are only forecasting 5% growth
If/when I look to get back into this sector I think I'll be looking at BEG as they do lower value stuff and seem to be the market leader
Need to consider than any cash position is going to bolstered by customer deposits, 10 USD/t I seem to remember being quoted in a previous IMC presentation? This isn't counted as revenue until the product is shipped but it will show on the balance sheet.