The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well it’s been a patient wait here, lots of nonsense, many posters with a clear agenda now on filter, makes for a pleasant board!
A little btc correction today nicely tidied up with a melt up!
Will keep a keen eye on that Valkyrie etf… Will have to try to find a website that records the AUM…
Absolutely, if the chart you are looking at looks bad, look at the daily or even sometimes the weekly or monthly and it all looks much more consistent with the ‘best performing asset of the last 10 years’ moniker….
Yes good to see some posters whom I have observed post valuable insights over the last 18months.
Still long here with a large number.
The board has become interesting again and the number of post/day has dropped considerably, which often suggests impatient money out, rise imminent!
I think the staffing angle is something worth thinking about. Eqtec can remain very lean, taking the 49% share with Wood staff on the ground (and probably based in the project country) being advised by eqtec staff remotely who can manage several projects at once. Keep the capital costs very low whilst maximising the revenues….
Along with the ongoing OEM model this is defo the direction I want to see.
‘would I buy today’, yes an interesting question.
If I were not fully invested then absolutely. I am a third in cash/land/wine/precious metals, a third in this and a third in 3 other companies. I do have a somewhat unconventional investment approach!
Sorry, you asked specifically about valuation. IMO undervalued against its peers according to ‘Blonity’ and others metrics which don’t really include the defi projects they are invested in or the insistence on clear investment return rather than throwing money at machines.
Each to their own - I know what works for me.
Bull,
Yes, so I see Argo as a clear best in class long term investment. The transparency and vision of the management is quite unusually clear. I have been invested since the early days of sub 10p am continually convinced that the management can move this from a £10m/100m/£1b/£10b company.
I would worry if the strategy changed reactively to ape their peers - it’s exactly the same for Apple v the also ran mobile companies.
This is all contingent on btc doing its thing. I still don’t really believe in it but must accept that if enough other people do my own opinion is irrelevant!
Perhaps I should get back to my Barolo!
bull,
Curiously you refute the point with exactly the one I was making: predicting exactly when a share will take off is very difficult. Anyone who can do that accurately regularly won’t be wasting their time on a bulletin board. Most traders miss the biggest gains. Investors spot an opportunity by seeing an undervalued company and being patient enough to see the value realised (and often exploiting the overshoot) when the herd get involved. As you suggest their is no guarantee the herd will ever arrive… But look for ‘the next big thing’ and you are rarely wrong if patience enough.
Most lack the patience of course.
Bullmarket -
Interesting comment about timing… Which I completely disagree with.
As an investor your timing is usually wrong. But if your investment decisions are sound you just hang in until everyone else realises you were right all along. The herd eventually catches up.
For traders investment timing is everything - but then 75% of them lose money, so not my strategy.
GL
Amanensia,
I just think you should wait a little longer for Argo to get back to par (and probably over). There is then the decision to hold over the immersion commissioning…..
OT
an amazing Gianni Brunelli Brunello 2010 on Friday - stunning, from initial medium body but with lovely tension but grew in weight over 3 hour drinking. Worth seeking out!
BW
Keep the faith Parkboy.
I think your reasoning is sound and you appear to be patient unlike so many market traders these days (as we know 80-90% lose money because you can’t predict the sp of anything short term).
They have made plenty of progress, minor problems/delays are completely normal.
When the herd move it up they tend to move fast for longer than you think…. But it takes longer to kick off than anyone expects.
Yes I feel behind the curve in comparison bit I am hoping to maintain a Rostaing Brune vertical… Had fun last night with Donhoff/loosen/Toole(Clare valley, married to Geoff Grosset) riesling (in my opinion medium/off dry/bone dry) with some friends and a terrific curry. Would love to try some Keller one day!