The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I have made my peace with it and to be honest as I am not interested in adding anymore, I do not have to check the price on a daily bases .
I will just let it do whatever it wants to do and I still think Cosmen's will own this eventually, I am just unsure of a time scale with all the shorts increasing.
And I know some of you think the management is not to blame.
In my opinion they are the biggest reason this is so low as all the other peers are doing much better.
A change in leadership would have made a difference in the same way as it did wit RR with Card Factory and some others.
This pain can last for a long time...even for a few years.
Everyone is expecting a quick takeover and that would be good however it might not happen for a long time and Cosmen's are happy to buy this slowly.
If you would have told me a year ago that one entity will buy 15% of this and the sp will be at an all time low I would have said you are delusional.
I have learned a great deal from this experience which will prevent me from making the same mistake in future.
Most of us won't make any money from this share but maybe we can learn something.
I was a long time buyer of this share.....not anymore.
I am just gonna wait now and I believe it will be a long wait.
We will see another TR soon for all the buying from the day of results onwards.
At this point a bid will be excepted no matter what it is....they have played this right, unfortunately it will not be a good outcome for us.
No one should invest in a share because of what is being said on a chat room.
I am a buyer because of my believes and no matter of how much negativity or positivity the chat is showing will not change that.
I can definitely be wrong and I would only have myself to blame for that.
Poker I know the market has to stay liquid however more than twice the volume on the buy side therefore there is a big demand and would be interesting to see where all the sales come from as I don't think they are coming from me and you.
It will all be balanced by the UT I am sure however we will problaby see close to 10 mil in volume which is not PIs.
We can't do anything about the ceo or a takeover or anything else for that matter.
Even if we are right in what's happening here we cannot do anything.
All we can do is sell, add more or hold our shares and this is the ugly truth.
I think they acquire everything around Alsa and only Alsa.
They problaby want to own all the Spanish transport infrastructure and expand into Portugal as well and maybe because all the profit is in that region.
Well you would buy more if your plan is to own the whole company.
less shares to pay a premium on.
At this point even the premium on the shares won't be to high when the management tells people they won't recover for the next 2 years on a big part of the business.
Someone is buying constantly today in decent chunks so we will see an update in due course.
They are not going BK, interest payments are covered easily.
If someone wants to buy this they will before any improvement happens and that's how usually good deals are being made.