The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
ooo what a zing. Shame you're still not able to cheer on something you're invested in. dope
Rich - great charts - hope i've caught the 'point of maximum financial opportunity' here.
Shame Helx missed it.
lol - so much wrong with that first sentence. The very fact that you are seeking to defend a poster of helx's calibre speaks volumes about your intentions too.
1. He pretends to hold shares to give him an excuse for being here (so that he can negatively spin everything).
2. If we're following his narrative - he isn't a rich man because he invested ages ago at a much higher price.
Don't care too much about the past here - future looks rosy from my entry point.
Agree with that sentiment WoW.
Helx - glad you agree that a 'rise into the stratosphere' for BIDS is what it'll take to get you to stfu. It also transparently exposes your agenda (again) but you're not the brightest spark so I think we can all forgive you for being a bit slow.
yawn - go get your 10p a post from somewhere else helx - won't be long before you're never seen again here.
Hey Qwertyii - you ducked my question for you yesterday. What's brought about the change in your stance on BIDS?
Heaven forbid you making a return on your investment Helx. Nice bounce today - interims not too far away - fully funded - lots of new contracts - who knows what the future may hold...
Yeah haha agreed - funny how any piece of positive news is negatively spun immediately. So many posters here willing BIDS to fail - positive sentiment is starting to bubble again - grab a bargain while you can.
*interim to full year
It’s all speculative until we hear an update - no matter what side you sit on. I’m just commenting on the ratio between the 2020 interim to half year - who knows what BIDS might have in store. No point being gloomy all day haha
Cash amount totally depends on their revenue situation for FY 2021 which we won't get for another 6 or so months. They've at least bought themselves more time with their latest fund raise. Like I said - if they hit £700k they're on track for the £4m.
Fair post - and if anything it'll mean there won't be a lot to take from the interim results given that the bulk of the revenue turns up in the 2nd half of the year. 2020 INTERIM revenue was only £0.3m vs a YE revenue of £1.7m so expectations should be low for the 2021 INTERIM revenue amount - I guess if you're matching reports (use of same ratio) we should be looking for an interim revenue of around £700k to see if they're on track with the £4m YE revenue you have cited.
Think expectations are at an all time low so it won't matter too much if it's still commercially uninspiring (which it probably will be at this point in time) - at these levels I just want to see a few green shoots that the business is taking positive strides / making the most of the cash raised with in indication that the business is starting to build up / source greater revenue to make the whole operation sustainably viable. They don't need to blow everyone away with a stonking RNS - although wouldn't that be nice? ;D
Hey Qwertyii - thought you'd left the board for good (after declaring you would leave the board lol) - what made you change your tune and start supporting BIDS?
Ah of course it is - deliberate illiteracy - I should have guessed!
Guess he made the same mistake as you then ;-D
Please try / learn to write more coherently - it'll help you with your agenda.
Bit of an unnecessary dig there - when the interims arrive they arrive - just chill & wait :D
Sorry Girdz - I’m not the one being paid to **** off BIDS so won’t be monitoring it as intently as you and your cronies. Good things come to those who wait - you’re going to miss the boat at these 2p levels.
Here's a repost from Turbo earlier to cheer everyone up:
Gridz, I agree with you the history of bidstack leaves a lot to be desired. I got caught out in the initial hype - bought in at 34p, sold at 25p. Lost £6k. Learnt a lot. And since then, turned my remaining £8k into £6 figures (a lot more) trading in 2 years. So you could argue that that first loss on bidstack was my best ever trade. Anyway, I digress. The point you made about sentiment being at an all time low is interesting. And it’s right. But to me this presents a great buying opportunity. Not only will it be hard for sentiment to drop much lower, thus limiting potential downside, but it won’t take much to build back some of the hype and momentum that got us to those heady heights in the first place. Now, of course this relies on bids actually delivering results, which, if you are a glass half empty kinda guy, you’d be understandably wary, as in the past the bod have continually over promised and under delivered, however, and here’s my investment hypothesis, what if, all that time before it was just immaturity. JD didn’t have a clue what he was doing, just naive and excitable. But now he’s learnt his lessons, he’s got a good team around him, he’s been operating for several years and he’s got 2 years worth of cash. So if it’s going to work, it’s going to work now. Combined with sentiment being on the floor, for me that makes this a good buy where upside potential (maybe 3-5 bags) outweighs downside (maybe 50% tops if we slide to 1p). No one knows the answer but all we can do is make our best estimate of upside v downside risk. And until the landscape changes for better or worse, I think BIDs is a winner!