The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Safety
I forgot to say that the reason I know what he had invested 3 years ago was because whilst having a beer with him I asked him.
I see that we have a fair few green boxes again, but do I thank LSE for the filter facility that they have provided ;-)
Good luck to all genuine WRES investors ;-)
Safety
I know for a fact that MM 3 years ago had put 30% of his net wealth into WRES, and since then, as we all know he has bought many more shares, if WRES were to go under, it would have a massive affect on his finances as well as his reputation, he has much more to lose than any other investors here, and I don’t believe he will let WRES go under.
Hi Dreamy
Believe me I share your frustration and disappointment in where we are.
Like you my investment is massively down, I’m not happy about it but it is what it is, and I do believe that eventually things will improve, how long that will take is anyone’s guess, it’s all about production and prices, the prices for tin and tungsten are good, if we can at long long last get the production at or close to nameplate we will begin to recover, but if production doesn’t increase significantly within the first half of next year then I fear the worst.
Good luck mate I hope you and all genuine WRES investors have a great Christmas;-)
Dreamy,
“Oh ye of little faith”
WRES are down - not out, the share price could of course drift lower, if there’s no further news until the Q4 results are published, but how that can be forseen by a chartist is beyond me, we are at, or at least, very close too our all time low, we may or may not get an RNS before the Q4 results, who knows, it’s just guesswork.
You recently always seem to be looking for the negatives, it’s understandable I suppose, given the situation, but, things change mate, nil desperandum
Troajan
With luck they’ve stopped posting because they’ve realised that most people on this board have them filtered mate.
Not long to wait until we get the Q4 production results, let’s hope that they at least meet the expectations of the company ;-)
We only have 5 or 6 weeks to wait until we see the Q4 production figures, fingers crossed that they are better than Q3, which we know was better than Q2 which we also know was better than Q1 ;-)
Troajan
I can’t be bothered mate, and I won’t see any nonsense from the usual suspects as I have them all filtered ;-)
Once again I thank LSE for the filter button, I haven’t read one word from any of the people who I have absolutely no time for whatsoever.
As for what will happen here, we all know that everything hinges on producing enough to enable us to firstly refinance and subsequently start to make a profit and that the amount we need to produce is dependent upon the prices that we are able to sell our tungsten and tin at, and nothing that anyone posts on here is going to make an iota of difference, to wether the company succeeds or fails.
I wish all genuine investors well ;-)
Tonlin
I can fully understand why you have decided not to post anymore mate, and like you I won’t elaborate because if I were to express my true views about certain posters on here, (despite the fact that most other posters would whole heartedly agree) my post might get removed and I might get banned ;-)
I hope that we can meet up at next years AGM, which should be in June I believe, and have a pint or two.
WRES are down but not out, and hopefully by the time of the AGM we will all be in a much better position.
Safety
From your comments it would appear that he’s yet again being rude and or nasty, I therefore totally disagree - there’s no way that it would be “nice” to meet him at an AGM or anywhere else ! And let’s be honest people like him, key board warriors, would never have the guts to say to your face what they post on a board where their identity is hidden.
Dreamy
Reality is reality we are nowhere near where all long term holders like you and I, expected us to be, and whilst I don’t always agree with your comments about MM, I can certainly understand why you make them, and I feel no need to filter you.
I am massively down on my investment here, as I am sure that you are, and as investors with a lot of money invested I feel that we both have the right, along with all other genuine investors, to post what we want, be that good or bad comments about the company and board members, I am not however interested in the views of the non invested, constantly negative, and often nasty comments posted by a minority of people on this board, those people I do have filtered.
I hope that you see some profits here in the future and that I do too ;-)
Riffraff
He / they regard any positive comments as ramping, he / they have ruined this board.
Pecten
Before this post I have 3 posts and 9 green boxes so far today!
The non invested individuals constantly posting negative and often nasty comments are simply not worth bothering with.
Based upon your posts one of the worst offenders is still at it, my honest view is that if everyone filtered the nasty few, and never responded to them, that this board could then once again be a decent place.
Troajan
I think your estimates are too negative mate ;-)
Statista state that the forward PE for a pharmaceutical company producing a drug is 33.8.
Numis have said that they expect earnings per share in 2022 to be 396p.
If you multiply 396p x 33.8 you get £131.86
Now I’m not saying that we will get to £131.86 per share, but, based on the numis estimated earnings and the average PE ratio that’s what the equation says.
If our earnings were half of what numis have estimated (198p) and if the forward PE was also half (16.9) then the prospective share price would be 198p x 16.9 = £33.46
The point is that the SP here will without any doubt rocket, if and when P3 results are announced to be anywhere near as good as P2.
Tonlin
I totally agree with your post.
The filter button is a wonderful thing and I thank LSE for providing it, as it means that I no longer have to read the comments from non invested constantly negative posters.
Don’t listen to the non invested posters, filter them like I have, 7 green boxes in a row ! That’s a new record ! But it shows just how well the filter button works ;-)
Troajan
The new covid strain is really worrying, even our mob have acted quickly and are stopping flights from African countries, therapeutic and vaccine makers stocks are rising but as travel is going to be more limited they are down and the markets overall are seriously concerned that further lockdowns may happen globally.
Troajan
You are preaching to the converted with all of the actual WRES investors on here mate, the non invested posters will continue with their constant negativity no matter what you post. But the filter is a wonderful thing because I no longer read any of it ;-)