The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Results looked pretty good to me. Yield is 4%, not bad, everything moving in the right direction. Face it, chaps, all we have control over is timing. If you think it's undervalues don't sell. You own exactly as much of EMG as you did yesterday.
It's been a good run recently so very tempting for profit taking (was tempted myself yesterday). Either that or AHL has decided to short EMG :-) (or its a leak and the results will be sh*te). All will be revealed.
A lot of the tradess are showing as Automated. MM software automatically sweeping up Limit orders?
CAP is disapointing right now. Like Gerry557 says, the tech is cool. I think the idea of using a squirt of deisel as the spark plug for the gas is pure genius, but whats needed is the business success the idea deserves. Is the best hope that a mega truck maker goes for an aquisition because they decide to go for gas, but can't be bothered to develop it themselves or can't get round the patents? Alternately, CAP need to start selling a lot more kits - its just taking too long. It should be a no brainer, but not all great ideas make money.
Leak or not, you often get irrational wobbles before results day. I think its just intrinsic instability rather than a conspiracy, but I am sure that i the bars around the City there are some people in the know, some who pretend to be in the know, and plenty who would like to be in the know. Todays drop made up my mind to stick. I want 1.50 and can afford to wait. Analysts forecast are all below where we are today and that might be at play with profit taking in mind.
Thanks for that. You are partly right in that the bulk of the Knife Family fortune is stuffed into the most boring pension fund possible, and that a lot of other dosh is in ETF Trackers and funds, but I do have a risky trading portfolio as well, even some very flaky AIMees. What's p*ssed me off recently was that I felt a few wobbles and bought a few stocks I regarded as defensives, including TSCO and BARC which had had falls and looked like a punt but with upside. I have a few strange habits: 1. Never sell at a loss, just wait - timing is all we have control over; 2. Longer term aim to build an 'equilibrium' portfolio for retirement (3-10 years away) where, for example, you own enough Water stocks to pay the water bill with the dividends, enough supermarket shares to pay for the shopping with the dividends, enough oil shares to fill the car etc. Eg you can retire in equilibrium with your spending needs and you own exactly your share of the world, and can live without worry. Just need to find a publicly listed strip club company! :-)
Should I stay or should I go now. Sitting very pretty on a £9k profit with 30k in the game. Greedy-me says stay, fearful-me says go. Or should schizophrenic-me sell half? I had 1.50 in mind, but I've taken such a hammering on barc and tsco that I don't know what to think now. I am just very aware that every second you have dosh invested, its at risk. Lost faith with broker views a long time ago. Its not results that matter, its the mood of the market and the sentiment x results. Any therapists out there? Do chartish views make any sense during such a good run?
OK, I missed the peak but a profit's a profit. It's sunk below my exit point now, and I still expect another jolt down when they come clean on not breaking even as soon as they have promised (could be wrong) so, for now I am on waiting on the sidelines.
Sells overtaking buys now. Still lots of Automatic trades. i think the action is dying down now, and that EMG will settle at a new level, 115?. great while it lasted.
To be honest, we usually see a drift down at the end of the day on up days, as our US cousins come on line and take their profits. If it can hang on over 5% on the day that will be a hell of a result.
Crossed the 52 week high and then whoosh.
Yep, getting close to the 52 week high, which it should cross today, and then its uncharted territory. Trying to think up an exit price 130? or wait for the next takover rumour bubble?
Unusual, but no change in the SP following the results, which weren't great but had been pre announced in an earlier trading update. It will be tough to meet their aim of breaking even this year with 15M losses to cover. They will need to sell a lot more. I confess to selling up yesterday with an £800 profit (rare to make anything on AIM) but will reinvest if it drifts downwards.
In the making. Reckon it got oversold and now some folks are stocking up for the break even at some future date.
No reason I can see for today's rise apart from yesterdays Investec reiteration with a 1.55 target. Maybe just oversold earlier after the bad update.
Fearful Me finally got the better of Greedy Me, so £11k sold. Watch it shoot up now! LoL. Still got another tranche to sell as consolation!
Yep. Good. Russian bin lorries, fine by me. It's all money through the till. Obviously better if they could supply complete systems, but being the go-to supplier for a key component isn't a bad place to be either.
Rocking up. Sold my first tranche when target met. Didn't sell my second tranche when target met bcause I'm starting to get greedy. When will this peak and re-trace? Fearful Me says 'Take Profits you idiot'. Greedy Me says 'Hold on for more, you chicken'.
Trading update more or less as expected. Nice bounce into the black for me, so I sold a third and well either buy back in if it slides or sell two more tranches when my targets are met. It's been a long wait.
That's 4% off the stock. Maybe filling that sell has been holding this down.