Member Info for HotChip

A long-term hold for me. Bottom drawer and revisit in two years imo.

Fundamentals are good and will get better with focus on improved margins. Let's not forget the volume and value of contracts since Mo has come on board and the opportunity to sign-up full end-to-end services rather than just the study; that's a big thing in itself.

Need to look beyond the SP - this should not be the focus of attention; it's only relevant when you need to sell (or buy) shares right now.

DYOR

I suggest you stop looking at the SP and concentrate on the fundamentals which are positive.

The SP has no meaning unless you absolutely need to sell up right now and take cash off the table. If you don't need the cash, put these in the bottom drawer and wait until the recession and markets recover two years or so. The SP will likely have improved by then.

DYOR

Given current and projected performance of markets over the coming months, I strongly suspect this will not achieve 50p by Q4 - this time next year, maybe. Bear market, rising inflation & interest rates, impending global recession and political issues will dampen all markets over the next 12 months, regardless of sector - nothing is immune. So, I feel SP will stay around current level or to the early thirties for the foreseeable, unless anything dramatic happens in the fundamentals (which could be the case).

DYOR

There is every justification for the market fall imo. So much money is being taken off the table due to a number of political and monetary pressures. Who wants to have their money tied up in a bear market, me included. Hence the drop-off which is expected.

DYOR

From RNS 7 June 2022:

"Our key focus for 2022 will be the introduction and launch of our DNA wellbeing products in the first half of 2022. This portfolio will grow as we enter Q3 and Q4 and will be channelled initially through our Direct-to-Consumer model."

I read this as direct to consumer through their own website, not Boots, Lloyds or Superdrug.....for this year at least.

DYOR

*strong performance (auto-correct again!)

I agree! And some here are flip-flopping between being positive, then negative & then positive. At least be consistent, take one side and stick to it!

Fundamental haven't changed imo.

Things I look for in an investment - profitability, usp, string performance vs. peers, strong & experienced BOD, clear strategy & execution, skin in the game. ORPH has all of this imo bar skin in the game from our CEO although this is coming I believe.

DYOR

Moniman - have you changed sides?
I am sure you were extremely critical of OO and CF in recent weeks on both OO and POLB boards particularly with spin-outs and performance, but you appear to be critical of derampers now (which you appear to have beenone) and are bigging everything up. What has happened?

DYOR

No buybacks please, we don't need this. More shares in circulation = more liquidity & churn which is healthy. This will help maintain and increase SP in the medium-term.

DYOR

We don't need buybacks imo. Performance is doing fine without this.

DYOR

I see there are new holdings - UBC (3.36%) & Donald Hamilton (3.45%) and that c.30% of shares are held across four holdings.

jamrock - Penny has previously made it clear that she is not focused on the share price or releasing adhoc updates to the market to reassure investors and is instead focused on delivery as she should be. So, if you are awaiting for further communication or reassurance, you will not get it imo as that is not what they do.

DYOR

LondonMarket - not sure what other news you are expecting to hear. All that is known & can be communicated is already reported. The AGM will be a standing agenda with nothing new to report imo. Don't expect to hear anything new here as that's not the objective if the AGM.

You either have patience (and stay invested and stop worrying about things you cannot influence) or you don't have patience (and you sell up). I can't see any other options here.

DYOR

"I came to the realisation..." "probably going to go BIG next year"
Pure speculation on your part.
No chance imo.

DYOR

I agree. Although I believe we are doing pretty well without that at the moment. One to have ready when the time is right, I think.

DYOR

I'm not sure what your point is?

Too many fingers in too many pies imo, spreading themselves too thinly on 37 verticals is too much. Looks like a scattergun approach with a hope that something will come good eventually. Should just focus on doing a few good things great, rather than having a go at everything. Just my opinion tho.

DYOR

Moniman, your tone has changed to more positive imo now that the SP has risen. It's a shame to kick them whilst they're down when they need support the most.

You're funny Moniman, constantly putting out negativity but potentially holding onto the shares. I reckon you are a total believer in POLB and are that you are not in any way taking the view/opinion of what you are actually saying on this board - you are the opppsite imo.

Moniman - I assume you will be selling up when your shares are released?