The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
...is a bit baffling. A leak? Not sure. It could be Schroders selling (they took a 5% stake, out of the blue, last year) but maybe they've lost patience and see more systemic risk within the financial system (a liquidity event on the horizon?). Could be the canary in the coal mine, hence the sell-off? Disappointing, nonetheless, given the hard-fought recovery recently.
Huldiii, why should he stop, when many on this chat forum (including me) appreciate his input? My investment decisions, by the way, are not based on some random poster on a LSE share chat bulletin board, ffs! Anyway, regards the silver price, it looks like the Fed will continue to increase interest rates (at least for now - probably until something breaks), thus strengthening the US$, and thus putting pressure on commodity prices. It was ever thus, and if that's news to you, then you obviously weren't paying attention. GLA.
Hi Max, I think RMS morphed into NNN, if I'm not mistaken. The change of name has not, it would seem, translated into a change of fortune.
It's really simple, myavian. If you don't want to read his posts, just block him. It's not rocket science. But some on here, including me, appreciate his updates/links to information relevant to UFO. I've always found in life it's easy to mock, but much harder to contribute constructively. Just a thought...
Great minds...!!
... the SP is waking up. Down roughly 80% from this time last year. Trading update due early March I think. Perhaps ESYS has finally turned a corner. We need a whopping 400% increase to get back to where we were in February 2022. Should test the 100p level in the near term though. Looks like a screaming buy to me, but each to their own.
A quick question, and sorry if I'm being thick, but why isn't today's RNS published on this website? It's on the londonstockexchange.com site, but not here. Anyway, results look OK, especially their AISCs (given gold looking pretty solid above $1800). Full year guidance as per 2022. 15p looks cheap, or am I missing something?
"I suggest you might like to read the RNS from Bluejay today." Which one - there have been two? But, I guess you mean the new chairman's strategic review. To try to point the finger at RM is a bit of a cheap shot, if I'm honest. And the market is clearly unimpressed by the direction of travel JAY has now embarked upon (with up to 50% dilution, if I'm reading it correctly). In addition, Greenland is hardly akin to Australia in terms of the logistical challenges. Finally, focusing resources on individual projects (as is the veiled criticism leveled against the previous management at JAY by their current chairman) sounds like good husbandry of finances to me - not running before you can walk, in other words - and which is precisely what the near term focus is at UFO, under the auspices of RM. Didn't we try juggling multiple projects at UFO before, and didn't that strategy quite quickly unravel? I find the attempt at joining some invisible dots at JAY with UFO mischievous at best, if not blatantly disingenuous. Just my opinion.
Slim, I understand your frustration. I've been in similar situations with other shares, believe me. But sometimes it really is a matter of waiting, patiently, for positive news to land. No news can actually be good news, eventually. But the problem is the wait can be exploited, hence my post. Volume is the key, and when the sp drops on minuscule volume, I usually smell a rat. I may well be totally wrong, but I anticipate news is imminent and will be positive for the sp. The other tell tale sign is whether or not you can sell without it going NT. I tried a dummy sell for 2m shares, and had no problem...
So, some people need to get a grip. There have been, according to this website, 19 trades today, so far. Volume bought = 483,385, volume sold = 2,618,598. Now, I know that this site is notoriously unreliable in reporting correctly the buys and sells. So, let's imagine they're ALL sells. In fact, let's imagine the volume is double that which has been reported, and they're ALL sells. That makes roughly 6.2m shares sold. Bear with me. 6.2m shares, when the number of shares in issue is 5,327m, equates to 0.116% of shares in issue traded/sold (if you prefer), yet we're down 2.97%? Slimgizmo, need I say more? If you're incapable of waiting for news, it might be prudent to sell up and move on to greener pastures? No? Yes? Jeez!!
You couldn't make it up. PURP is up over 4%, and sain@vision has gone awol. LOL!!!
Hh, you mean something like this?: https://www.youtube.com/watch?v=9m3wlw7OA10
@cjmorley, what?? I'm super positive, always have been. I suggest you re-read my post. I'm merely pointing out that patience here is required, but you believe what you want. I couldn't care less.
What I refer to as the "incontinent investor" seems to be rearing their ugly head. We're all doomed - apparently. Our hard-earned is about to evaporate. We should sell while we can. Blah, blah, blah. I beg to differ. No news on AIM is a like a red rag to a bull (and, perhaps, a green light to a bear). It is what it is. No amount of wishful thinking will speed up the processes UFO is now duty-bound to follow. We simply must wait - patiently. But the "I want instant riches, and I want it now" brigade are amongst us, spreading their hate and FUD. I would simply remind people that only a couple of months ago the UFO sp stood at around 0.40p. We're, as I type, 25% higher. So what do people want? I'm reminded of Lear's Aristotle: "The incontinent man fails to know what he thinks he knows - in fact, fails to believe what he thinks he believes". Trust your research - if, indeed, you have even bothered to do your research - and believe. One would think Rod M epitomizes that belief, surely? GLA.
OK, Sain. How about we have a wager? SP higher at the end of 2023 than now, or lower? I'll wager higher. You're obviously bearish, so lower? The amount of the wager? I'm easy, but how about lunch at a Michelin-starred restaurant of the winner's choice? Deal?
Sain, are you really that naive? I suggest you need to grow up. As I mentioned before, 87% of Trustpilot reviews for PURP are 5-star, yet you only choose to quote the bad ones, and Mark Walker (the Director of his own estate agency!) questions (or, rather, mocks) the veracity of any positive review. You don't think he possibly has an axe to grind, lol? He also suggests that PURP is a "strong sell". If that's the case, one would expect that he no longer holds any shares in the company (if, indeed, he was ever invested in the first place), and so why on earth is he still posting comments on this bb, unless of course they are intended to undermine confidence in PURP? Indeed, the same could be said of you. Your posting history shows your (some might say, unhealthy) obsession with everything PURP. To be honest, Sain, it's frankly boring, pathetic, and tantamount to stalking (so not a little creepy, if we're honest). Maybe, in 2023, see a shrink? Just a thought...
Hi batonrouge, as far as I know, 1801 was never used as part of the AGILE programme, which was supposedly meant to "fast-track" potential Covid treatments. This is what irks me the most, and probably a few others. We were issued an RNS on 1/7/21 to say that, pre-clinical, 1801 had been proven to be at least as efficacious as Baricitinib (the apparent Covid "wonder drug"), yet without its potential side effects. Happy days, I hear you say. Indeed, and it's probably what attracted some additional investment (in particular, from the HNWIs) in the weeks subsequent to that RNS. Since then, there has been nothing - no follow up, no update re: AGILE, no action. This, for me, is the biggest question mark over the BoD. Why on earth didn't they run with the Covid angle? The potential was there, and the momentum was there, yet they took their eye off the prize. This was a lost opportunity, and a major misstep in my opinion. I remain confident, but I have to question the Board's commercial nous. Anyway, I'm hopeful that 2023 will provide us with a more certain direction of travel - CTA approval, return of 737, will both surely prove to be positive catalysts. Happy New Year, one and all.
Kram (aka Mark Walker) - you wouldn't be the same Mark Geoffrey Walker who is listed as a director of Crendon House Lettings, obviously a competitor of Purplebricks, would you?
https://youcontrol.com.ua/en/catalog/gb-card/12952857/
A bit below the belt, wouldn't you say? If you're going to discredit a competitor, you really should try a bit harder to cover your tracks, lol! Nice try, though!
...of why Alien hired Troy Wittaker ("who will assume Bill's duties") in the first place: https://www.proactiveinvestors.co.uk/companies/news/996823/alien-metals-hires-ex-fortescue-executive-troy-whittaker-to-run-australian-subsidiary-996823.html
Also, I thought the following was a useful and recent overview of what Alien is all about (apologies if this has already been posted) for any new investors:
https://www.mining-journal.com/resourcestocks/resourcestocks/1444614/han****-iron-ore-project-update
Lots to look forward to in 2023 - inshallah.
OK, all fair comment. I guess I'm more hopeful that things will turnaround. This from Helena Marston on 8/12/22: "Outlook and guidance:
· Reiterating FY23 revenue guidance to be between £67.5 - £72.5m
· FY23 EBITDA expected to be in line with market consensus
· Positive cash generation expected in early FY24". Not long to wait, in other words.
Also this:
"· Stabilised instruction numbers
· Annualised cost savings increased from £13m to £17m
· Purplebricks Financial Services launched five months ahead of plan
· New marketing campaign from October driving 6ppts increase in consideration
· Financial benefits of the plan will start to come through in H2 and drive positive cash generation early in FY24".
sain, we're obviously reading the same info, but you're seeing doom and gloom, whereas I'm seeing green shoots. Let's agree to differ, but let's not gloss over the positives, whilst at the same time recognizing the challenges ahead.