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Wow your a CFO! Oh I'm so impressed. Is that supposed to get me to change my belief. Do you always get that angry just because someone else has a different opinion than you that you don't agree with. Just for the record I'll post whatever I like thanks. I guess some people just can't handle the truth.
I'm afraid EBITDA profit doesn't count which is what OO are quoting so It's not a case of not believing the BOD it's a case of understanding the accounts and that when they say profit they're talking about EBITDA where as I was talking about a net profit. They made a net loss for 2021.
Doesn't seem that mad to me. The bottom line is it doesn't matter how many contracts they've signed and for how much at present they're still a loss making company and until they can prove otherwise they're still a risky company to invest in.
Things change and you have to constantly review your position in this game. No shame in admitting you got it wrong. Better that than hang on until its to late. Not saying I've sold out completely but 95% reduced. Mr Friel has alot to answer for no wonder he's hiding.
I feel the Orph ship has well and truly sailed. It's quite clear that they're not going to make a profit (that's a net profit btw before the idiots start chirping up that they have made a profit because EBITDA doesn't count) for a long time and at 100 Mil mcap it's hugely overvalued. I feel Mr Friel wants to quietly dissappear on this one. Now DIM isn't even going to happen this year and I wouldn't be surprised if he completely jumps ship at some point.
Rusky as an investor no there not.
"before the results which are expected to be good!" Really? What makes you think that?
And as for full profitability I don't think so. EBITDA profit is BS earnings. Net profit is the only profit that counts.
On track to make $40M net profit FY 22.
Yes they really know what they're talking about at Master Investor. They tipped McColls back in September which has turned out really well. Oh wait....
The small biotechs are out of favour at the minute. Investors want out at any price to move their money into more defensive stocks given the present turmoil and uncertainty. A decent contract win but revenue is not due to be recognised until 2023/24 so will not add to the current year's tally. Moany man thinks the share price should be in the 30's. Any rationale behind that statement moany man or are you just saying that because you would like it to be to reduce your huge defecit here.
No you've never actually said it hence why i used the word secretly and no of course your not hoping it happens which is why for as long as i can remember your always the one who posts every article and every link to anything relating to a new covid strain or anything indicating that the pandemic is not over etc etc. Only the other day when Bill Gates came out and said that he thinks the worst of covid is yet to come who was there to post the link? Oh yes that was you and your just sitting at home hoping that's the case so that you can benefit financially from it through OO, and there's a massive difference between the people who create vaccines to combat a virus becasue that's what's needed and someone who sits at home hoping it will happen. That's your view of the world and only someone like you could come up with your world war 3 statement so don't try and twist it around.
Moanyman living up to his name. The guy that's still secretly hoping for another worldwide pandemic just so he can benefit financially from a share that he owns, give's you a measure of the guy.
Not when theirs's a clear and rare opportunity to take advantage. Warren Buffet is no fool. Yesterday was a classic example of a panic stricken/fearful market which presented the opportunity. The fundamentals of OO haven't changed and in the end that's what will win out.
Yes excellent top up opportunity yesterday and early on today, hopefully folks managed to take advantage.
Orc69 It might be down 60% from it's high but lets face reality, it was massively overvalued and got chased up there by the get rich quick merchants and armchair investors who couldn't be bothered working out if it was a good price to buy in at. They were just too worried about 'missing out' and just bought in indiscriminately. Don't come crying now just because you were one of those.
Baker you seem to be rather confused. Investors 'borrow' stock when they want to short a stock and think it will fall not wait for it to rise. They borrow stock, sell it immediately and then wait for the price to fall before buying the sold stock back and returning it to the lender pocketing the difference.
Yes because of course CF is allowed to just hold back material news and release it whenever he wants isn't he Jimmy boy.
Hi Strictly. I understand their is alot of discontent due to the share price and when it goes down people question if the business is ok, but I think people put far to much focus on the share price. Their is alot more to the business than this and the share price does not always accurately reflect the state of the business. For me CF is still delivering regular substantial contracts and I am confident he will continue to do so.
Funny how folk start dissing the company when they're losing money as opposed to accepting they got it wrong and payed way over the odds for their shares. Always someone else's fault.
"Its a huge 360 degree turn" are you sure it's not a gigantic 720 degree turn Jimmy boy?