The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Like the look of this company. Could any of the resident experts explain the cash position which appears hardly to have moved despite the bumper profit.Cheers
What cash other than the Portage Holding did the company end up with. Cant remember the number of shares in issue to try and work out value. Chuffed with Portage and hanging on to them.
Totally agree it will be an over deliver agenda from now on. Example Morocco gas 2019 output based purely on existing customers so any new customers will add to total.PW has gone and with him unrealistic timescales.
Came across this gem this morning. Such a low market cap for such a large amount of potential. Bought 4 million and looking forward to multiples by year end.
The answer was in one of the updates. The company outsource a lot of work. The new factory could do all current output thereby increasing margin considerably. Hope that helps.
A yield of 29% and over £30 million in the bank it is arguably the most undervalued share on aim. Topping up this morning. Can only be the Chinese reputation holding it back.
Company has £34 million in cash and paying 2.35p dividend in June. No brainer.
Hargreaves Lansdown have told me the shares will be allotted to my account on the 24th Jan
Just topped up 20,000 at 10.65 which I am well pleased with. Would expect to see a profit of around £8 million for the half year assuming this years admin/exploration forecast of £5.5 million is evenly split across the 12 months. Full year should be around £14 million. At some point we will get rerated.
Good day. Market value now roughly equivalent to current cash value. A nice slow build to Sept half year results would be nice. Should be back to £2 million a month revenues by August.
We are to big a fish for PMG more likely to be off field like one of our two new partners. I suspect any offer would occur before our six month figures in September. This will come good either way.
No problem just treated my SIPP to 90,000.
According to last presentation exploration activities budget for 2013 will be £2.5m.If admin is similar to last year £3m.Income from Lybster around £1m.Athena income based on £2m for 5 months and £1.5m for 7 months. So based on £13m cash at the start of the year plus income of £20.5m minus outgoings of £5.5m should leave us with £28 m at the end of the year. With 2014 being a bumper drilling year and revenues continuing between £15-20m this truly is a no brainer.Sept half year should grab some attention.
Luckly picked up 30,000 at 14.08 to add to my position this morning.Shows as a sell.This share is the best value oily on aim.
This information was on the RNS of the 3rd October.So there will be no new RNS.