The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Nothing's changed, otherwise they'd have to issue an RNS.
I found this on Parvus, saying they're not authorised to trade. Anyone know anything about this or is it just a subsidiary? https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfV6aAAF
At this price, the company looks like a good takeover target. It's got the monopoly on breakdown cover in the country + sells plenty of insurance policies. There's only the RAC as a competitor. Forget Green Flag, they just use local garages, rather than training their own staff and reports for their service are shocking.
The full Newcrest report says that these are the "best high grade Au and Cu results in the Paterson". They'll be using the funding to fast-track the decline further. Looking for commercial production in a couple of years. Sounds good to me!
Bargain, when we knw what's to come.
I can't wait for Scallywag and Goliath too, what a company!
And their fuel costs will be reduced too, of course.
There has been a 45% reduction in call outs
People will continue to keep their membership, rather than cancel (4th emergency service)
They act as a broker for insurance co's, eg Aviva, so plenty of income there (motor and other insurance types)
They'll be selling lots of batteries soon
https://www.express.co.uk/life-style/cars/1268378/car-breakdown-recovery-cover-coronavirus-lockdown-aa
Many investors will hold for eventual future dividends
Bargain price.
Western Australia has closed its borders, to safeguard residents from Covid. GGP is safely within this region. I see that as a positive.
Will we see £100m MCAP tomorrow?
Please can we just keep this thread to Lloyds chat.
There are many thousands of chatrooms elsewhere , where everyone can talk about Brexit.
Matty posted a good article earlier, which is worth reposting.
“We’re currently looking for acquisition opportunities quite aggressively. We’re doing this on behalf of our parent company, not just for ourselves.”
https://www.bloomberg.com/news/articles/2019-09-16/china-gold-is-hunting-for-deals-worth-as-much-as-2-billion
Quote from Hilton Hotel LA purchasing director “After installing the first machine, we found that it actually used 90 percent less water and very little chemicals—and the laundry results were incredible,” he says. “Our director of housekeeping was ecstatic.”
I expect there will have been plenty of phone calls last night. Maybe someone like the Woodford Fund will buy in? He's not been doing too well over the last year, so it would be a great opportunity.
Getting interesting. I've seen press coverage in Singapore and Paris, as well as Australia.
https://twitter.com/aus_business/status/1087151164041265153
The BoD sound very confident to me.
The listing prospectus says "including the potential of competing financing offers."
"...confidence in the Company’s ability to be able to secure the debt funds required for development of the T3 Project targeted by the end of Q3 2019"
I've met two of the directors this week. They have confirmed that they don't need to raise cash.
with my investment, having met Mike and Charles.
There are clearly some shorts around. as Kiwi has said below. Many get paid very well to unnerve investors in chat rooms.
MTR has plenty of cash & some people seem to have completely missed the point about the T3 sale.
Most finance professionals work hard for salaries like that. Ignore Joel Silberstein's FD title - there's hardly a huge team of staff to manage. I met him a few years ago, when Jan Nelson was still with XTR. I wasn't impressed.
The BoD deserve to be replaced.
Mike McNeilly will be speaking at 12.40pm today in the Africa Showcase, Mines & Money.
Agree Joebop about Timeless. He was a pain in the neck with his T20 trading.