The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Whats changed? Sentiment for now. I would suspect that their are quite a few people who still watch this and know the story but have got better things, currently, to be invested in as the momentum shifts the decision is now if I don't get in now will I get another chance.
A long time since I could get a quote for anything over 50k to 100k now 250k plus so there is also a squeeze due to lack of stock available. Two more reasonable buys of £10 or £20k and I think they will have to push it much higher as most people know they are short now.
RIP Jeanette.
Sorry for your loss and at times like these money is irrelevant.
Nice update this morning and has Eurox effectively valued at over 40% of the current share price.
https://www.hellomagazine.com/healthandbeauty/skincare-and-fragrances/20220218133512/lovemememe-tiktok-viral-beauty-brand/
The above article in Hello states that one product is sold every 5 seconds. That makes for a hell of a current sales rate if it is true.
This new info on trading strategy seems to have silenced the whole board!!
Midas,
It's one of those sectors that is just out of favour at the moment due to the losses in the bigger names like Kanabo and Chill since they IPO'd. No one knows how to deal with valuations and the legality question. Can it grow over time? I think it will as the investments that have been made appear to be reasonably robust however whether this will reflect in the shareprice over the short term I'm not sure.
I personally, probably the only one on here, would like to see a fundraising as it would give Ed and the board the ammunition to go out and invest in the market at cyclical low levels and allow the Conversation to move away from the constant rhetoric of "it's only leap". Raise £10 million and buy another 30% of Yooma or take a good chunk of Kanabo now that it has fallen to sensible prices.
If you only listened to this messageboard you would believe that come the IPO/sale of leap their will be no shareholders left in the company and the shareprice will be at a 10 year low.
I just cannot understand why you would all hold onto these shares for so long if you do believe that Ed is a fraud who is going to sell leap to a mate for 50p. Why would you not take the loss and move on? All this it's a piece of crap but I think I will double my money anyway is to be honest bonkers. Can you not find any Companies that you will think will double your money but that you have respect for their Management surely that would be a more fulfilling investment.
Funny old place messageboards!!!!!!!!!!!
Reefles,
I think someone had your post upside down as they have spent the day feeding their shares into the market and look like they have just given up and sold for what they could get.
Nice solid day for a change. After everything the builder came in with a bundle of bills and took most of the funds I was going to use anyway I had to settle for a small top up via Spreadex instead.
Blimey so that was God purchasing 430k this morning! Well if he thinks it's a good investment then we must be onto a winner!!
Who got up early and ruined my plans for this afternoon? I've been waiting on funds for 2 weeks and it should all complete at lunchtime. Could everybody else have the grace to hold off buying until then please.
TW had SEED has one of the three picks of the year at "Hot Stocks Rockets" with a target of 11.75 minimum.
I admit to signing up last year when they originally picked it not knowing at the time it was TW.
Don't LGP have figures due out at the end of next week? Maybe Ed is being frugal and waiting for this in order to update on all 3 in one RNS and save us (the shareholders) the cost of multiple RNS's.
Only managed to catch the second half as was working but the positivity was evident.
Advertising rates are $11k per primetime segment now as opposed to $9k at the same time last year due to the demand for premium advertising space.
Asked about the current $83 million forecast by the broker Stuart Last said it was and should be treated as a base achievement for the year with a whole year of opportunities to build upon it.
Their base aim at the start of the year is to outperform the industry as a whole and I think he said 36% growth was the industry in general target for 2022.
Takayama
Unfortunately for whatever reason a number of platforms won't trade SEED. Barclays is another that won't and I had to open a HL account in order to buy.
Thought I would get it out of the way early. Wishing everyone a Happy New Year and a financially bountiful one to boot. It has been fun watching the pantomime of the last few months on this board but hopefully we will all get what we have been waiting for far to long in 2022.
O'donnell
it's a market with buyers and sellers. It will go one of two ways, we get it, but constantly posting we could get sellers is getting tedious. For 3 months the sell side has been in control and shorters where able to double down cool in the Knowledge that Mrs Abony and a lack of news made it a reasonably safe bet.
Mrs A would look to be out of the picture and other than a couple of Hundred K sells not much has been forthcoming from the sell side so the risk has massively increased and therefore the buyside looks to be back in control for now. If the sell pressure was pretty much Mrs A, and she's now gone, then the resistance points when they come should be short and easily mopped up.
Dated 13th and 14th. look like the late reporting of the Aquaa trades.
YNWA91
I have said before that this type of share which isn't a trading Company you can't judge the management on the trading per se as they haven't got control over the timings of their investees decisions. Ed will be judged as his decisions come to fruition and at the moment sentiment isn't with him. I personally a willing to give him time for the 3 or 4 bigger constituents to deliver. He has done ok but hamstrung by a very weak cannabis market in the later part of this year as the froth came off the sector and we will have to wait for the real value to be found. Lets not forget he sold both Kanabo and Cellular goods at a profit(albeit a scaled back one) which most investors in those two companies would be looking back enviously on. (both sold around 21p and now 10p and 6p)
Sentiments turns on a sixpence so hopefully 2022 clean sheet starts with a good RNS and build momentum thereafter, with or without a Leap IPO.
YNWA91
Just to clarify is your reference to "performed" in relation to the share price or the company itself?
With regard to performance of the "share" it can only be described as frustratingly below par.
With regard to the Company I'm not sure it has done that much wrong in the year (not previous years) other than the liquidity event's have been frustratingly delayed(along with many others due to structural issues with the IPO market in the second part of the year). None of them have issued profit warning's even if some of the share price's would seem to show that was the case a la Yooma.
How has ED done. Played the hand he could with the card's he has been dealt, if the events aren't happening he can't magic things up even if some on here think he can . One minute he's not out there being bullish enough and when he is some here use it to castigate him. Solid 6.5 out of 10 but I do think he could do with looking a bit more professional when doing interviews.