The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
So much false information posted on here.
You are not locked in with Primary Bid for IPOs or fund raises (Cellular is IPO and Applied Graphine was fund raise).
As soon as my Applied Graphine shares were allocated to my broker account I could sell them. Will be same for Cellular Goods. When buying on Primary Bid you need to enter your brokers name so your shares can be allocated. Once allocated there is no way to prevent you trading them immediately.
I'll add this to my book of RNS releases that were full of likely false promises and statements.
Like promising the machine would be operational and actually producing masks by the end of November.
11th Nov 2020
The Company notes the fast changing situation regarding possible COVID-19 vaccines. The widely reported and very positive interim trial results of a vaccine developed by Pfizer and BioNTech are hugely encouraging and welcomed by everyone. However, the Directors believe that the roll out of a vaccine will not lessen in the near term demand for its developing viricidal mask product. The Directors also note and welcome the new Scientific Brief released yesterday by the US Centre for Disease Control* expanding on the benefits of masks for both the wearer and the community.
Pharm 2 Farm is focusing on bringing its mask to market as soon as possible. The Directors' expectation is that the mask production line will be delivered and installed in its clean room facility at BioCity Nottingham at the end of this month and that production can begin shortly thereafter.
There is a huge difference between a company who is having production issues because of a faulty machine or lack of raw materials and one who is not competent enough to operate their own machinery.
The medical profession are a very tight-knit community and it won't take long for this news to get around. The NHS purchasing department MIGHT have been incompetent at the start of the pandemic, giving away crazy contracts, but because of all the bad publicity surrounding those ill advised purchases I can tell you things have changed a lot in that respect.
Also, once they have manufactured the masks they will need to go through several comprehensive trials to prove their effectiveness.
If they pass trials and are effective and if they can produce them in sufficient quantities are we hoping COVID19 will be here long enough to generate enough sales? And who to?
Forgot to mention, they were talking about proportioning future offers based on tiers.
For example, everyone who asked for 500 pounds worth or less would get their entire allocation (instead of someone who asked for £500 worth getting just £125 worth.
People who asked for £500 £10,000 get 75% etc. It would be easy to create an algo to do the math and make it much fairer across the board. Of course people with large pockets and the institutions don't want to to be fair, they want their entire £100,000 worth and they want all of it.
Depending on the allocation for Cellular Goods I think I might ask Primary Bid if there are any plans to make the allocation process fairer for the smaller private investor.
Yes Rome wasn't built in two months, they spent time on it cos they knew it would be around for thousands of years.
COVID19 won't be. It will be over by the time they figure out how to use their mask making machine!
Good name by the way.
Just remember:
Shares go up like escalators and down like elevators.
As a sideline, I might publish a book called "RNS - notable lies and misleading statements from the BOD".
When Bahamas Petroleum drilled their duster last month and the shares dropped 70%, the RNS said
"we have achieved exactly what we set out to do. We have drilled the Bahamas".
NO! What your shareholders thought you had set out to do was find commercial amounts of oil. Not successfully drill a hole!
Someone compared this outfit with Tesla. Tesla is run by a world famous businessman and electric vehicles, like it or not, are the future. Someone below said the pandemic will still be around for years. But will we still be wearing PPE? Can't see hospitals buying these. On TV yesterday people in Florida were in the bars where you do not need to wear masks.
With the roll out of the vaccine, face masks will be one of the 1st things to go.
As a few realistic posters have mentioned, the pandemic might be mostly over by the time they can get their goods to market.
If you were a potential customer, would you be filled with confidence with a company who have purchased a machine and then have publicly admitted they aren't sure how to use it?
These are medical devices and must be manufactured to the highest standards. Again, would you be filled with confidence by a company who has to ask external consultants to come in and save the day.
It's obvious the board of directors saw an opportunity to make some money on the back of the pandemic and have purchased this machinery only to be hit with problem after problem and delay after delay and when the machinery does arrive they find they have a serious lack of expertise (which is understandable as it's a completely different market to what they are used to).
To top it all off, some of the top brass are leaving because they are incompetent and are getting big payouts has a reward.
I can't see any hospitals or professional medical establishments touching their masks with a barge Pole. The mandatory wearing of face coverings will probably be relaxed in May and I doubt they will have anything to market before that time.
Just my opinion.
Cellular Goods PLC, a UK-based provider of premium consumer products based on biosynthetic cannabinoids, is pleased to announce its intention to join the main market of the London Stock Exchange this spring.
The flotation is expected to value Cellular Goods at approximately £20m and will make it the first LSE-listed "pure-play" consumer cannabinoid brands company and the first to use biosynthetic cannabinoids.
Another page said "we are extremely proud to have the backing and support of well known sports professionals and investors including David Beckham".
Late last night I said last night Kanabo could see 50p by month end. I should have said by day end!
Any thoughts on Cellular Goods (CBX). 1 day 17 hours until offer ends on Primary Bid. Might end sooner if oversubscribed. A good gauge will be if it does close early. Jet2 and Bacanora Lithium closed within a few hours of opening when the subscription target had been met on Primary Bid.
I understand why some posters have advised caution on CBX because unlike Kanabo, it is synthetic and aimed at a completely different user (somebody who wants a topical cream to help with a physical ailment rather than a smoker / vaper?). David Beckham (or rather his advisers) seem to like CBX they are big investors.
Still, 5p for a company who claims to be the only "pure play consumer company in the cannabis space" on London Stock Exchange. Is Kanabo not a consumer company?
Anyway... thoughts on CBS at 5p?
Do you really think someone is going to answer all 11 of your questions.
Posters don't mind Providing the odd piece of information but no one is going to do all of that resarch for you.
50% soon
I'll re post the post you made on another board earlier this month
...why are you on here if you don’t like this share? If you want a winge go to another chats where they might be more receptive of your negative offloads.
Lol
Up 38%
The average ARB share price was actually 5.5p from Jan 2020 - Nov 2020. At 240p it's a 47 bagger.
Bit coin has been a 5.5 bagger from $9,000 to $50,000.
Think about it.
Yes, ARB was profitable last year with BTC $8-9k. But ARB was 10p. It's now 24 x that but bit Bit Coin isn't 24 x $8-9k which would be 160,000.
Okay, it might get there, but the value of ARB is not proportional to that by any measure.
We aren't deramping- it's just the laws of sense.
So much hype about it bit coin reaching 50,000 and now it has there is bound to be a big pull back.
Done great to get this high but todays RNS speeding ticket was a shot across the bow.
A company issues a speeding ticket because their broker demands it (the laws of sensibility demand it). The market always finds a way to keep things under control. Remember this is a stock, not an instrument.
Just because bit coin is sky rocketing does not mean this company should keep sky rocketing as there are limits to how much mining it can do.
Gonna take ages and cost a fortune to build that mining operation in Texas.
I was right about Novacyt and I'm right about this.
If I'm wrong I'll be big enough to apologise.
Rogue, if you put £25,000 into Argo on 3rd Feb then you will have made £75,000. But you didn't say you had taken a big position and you didn't say how much you'd invested so its easy to come back and mention amounts but you should have quoted an amount back then to be believed.
We're all experts in G0b****** (oops I mean hind site).
First off I think Kanabo could see 50p by month end.
Now, about Cellular Goods (CBX). 2 days 14 hours until offer ends on Primary Bid. Might end sooner if oversubscribed. A good gauge will be if it is still open this time to tomorrow because I have seen previous offers on Primary Bid for Jet2 and Bacanora Lithium close within a few hours of opening when the subscription target has been met.
I understand why some posters have advised caution on CBX because unlike Kanabo, it is synthetic and aimed at a completely different user (somebody who wants a topical cream to help with a physical ailment rather than a smoker / vaper?).
It still seems strange you can smoke (or rather vap) cannabis [oil] legally in the UK.
Even though I have some reservations about CBX, 5p does seem a potentially low entry point. It's a crowded market but CBX claim to be the only "pure play consumer company in the cannabis space" on London Stock Exchange.
David Beckham (or rather his advisers) seem to like CBX.
Thoughts on CBS at 5p?