The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am a long term holder here - I know this company well as a customer/partner/competitor and they are respected and well run. i think the recent flurry has probably put the SP into 'over bought' territory. I expect future growth to be steady rather than spectacular. However, long term it is a sound investment, cash in reserve, spending wisely on development (essential in their business). If i was a trader, I would sell now to buy back when the excitement wears out, but I'm an investor, very long term. I'm even taking into account that this investment is IHT exempt if you leave it for 2 years! Morbin, I know.
Yep, finally bust the SP through 147. Agree that this will now have to find a new level, hopefully a good notch higher.
The SP has been banging its head on the ceiling at 147 for a long time now. Time to break through it soon.
and so it came to pass...
the poor results yesterday. I wonder if the continuous and on-going buy backs has helped underpin the sp by soaking up sells. Don't usually like buy backs, but might be good for the sp in this case just by sucking up some of the floaters.
I wonder if the chartists have a name for this shape of chart. it looks like Ayres Rock to me....
what's going on here. 10% up in 2 days on what is normally a well boring share? Takeover rumour?
Probably need one our periodic takeover rumours to restore the 200+ SP. Shouldn't have to wait too long as its been a while.... Hell, I was thinking of getting out at 130, and would have been very happy, so I really can't complain about 170.
Maybe AHL has shorted EMG again..... I was just wondering if it had topped out for now and that its going to flap around 190/210 for the foreseeable?
(Greedy-Me) Yey! (Fearful-Me) sell half tomorrow! (voice in the mains socket) what the hell was that....?
(FearfulMe) You greedy b@stard - I told you to sell when it was 164, no look at it... (GreedyMe) Don't be such a wus. You said sell half at 130, and sell out at 150 - look how much we would have lost.. (FearfulMe) The Russians are going to invade Greece...Ebola will break out in Switzerland.. meltdown .. Sell! Sell! (Mains Socket on the wall) Oh, shut up you two. just leave it and see how it plays out. I get the casting vote.
experience tells me that the SP will have to bang its head against 164 a few times before moving on. I am very nicely in the black now and haven't yet done my 'sell half'. Fearful Me might me really mad at Greedy Me if she drops back. Hell, I take my instructions from the voice in the mains socket anyway, so I'm staying on the train for now! It seems to good to be true now, but if a had a quid for every time I sold too early....
Cheap oil is not good news for CAP. It removes the incentive for customers to invest in new infrastructure and any conversions from diesel to gas. Not really sure where this leaves us.... Sadly cheap oil might not be a short term issue.
all good things must come to an end? Heading into 'sell half' territory now, for me. Greedy me wants more, but Fearful me has been here before.
Yeah. Doesn't look great does it. Big hole in the order book to plug, cash in the bank but running down fast. Raising more will be difficult with the falling SP which suggests big dilutions to come for existing holders. Could be losing the race against time. Hot shot management, and a great plan, but need to start announcing big contract wins pretty soon. I'm waiting on the sidelines. No 'skin in the game' personally.
RNS that wasn't bad news, yet no bounce due to folks selling. Indicates downward drift will continue, to my mind. Still out but waiting.
down, on no trades. MMs software fading the SP to stoke up some business. Could be saving up for a little bubble if they release some good news. No going back in just yet as I expect more bad news on targets not being met first.
Manipulation can only be short term and if you think its going on, exploit it. You only have to buy and sell at a price you are happy with. Artificially low=buy, artificially high=sell. Personally, I'm not into conspiracy theories and the priceon the day represents what people are happy to buy and sell at. Full stop. Sentiment is an factor that is hard to price, and to me can be measured as the delta between what an sp should be in theory and what it actually is. I stepped back from selling off before the last results, but expect it to bubble up before the next,and if it reaches my target, I'll be out. Need to start a T/O rumour to coincide with the usual pre-results fizz.
Timing is all we have control over - buy/don't buy, sell/don't sell. Manipulation/sentiment/irrational exuberance are all pretty temporary. If it's too cheap buy & don't sell. Every dog has its day. When that day comes, sell!
Didn't see that one coming, but glad to be out right now. I still expect DGB to come good one day, but think that yesterdays RNS is just the begiining of an admission that its going to take a lot longer to B/E than stated. This is a fairly hotshot management team (who built up Detica, floated it and then sold it to BAE for squilions). However, DGB is more of a product company that Detica was, and selling stuff is always harder than you think.