The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Nick, I also said that I would wait for an update from management. Instead, what we have received is an RNS that provides very little in guidance. I do not mind volatility as I like the science but lack of clarity is disappointing.
For some context, I invest the majority of my portfolio in companies with > $1billion in market cap - most trading on NASDAQ or NYSE. It is expected that guidance and forecasts are provided. Of course, we cannot compare a SP500 company with a £100million company but one would hope that there would not be such a stark contrast in leadership.
Ody, I agree with your view re the RNS. It lacks anything of substance such as forecasted revenues, cash burn or even subscriptions. It's a shame - because I like the science and O'Neill is credible.
Out of curiosity, how is the long term looking much better? The jury seems out until March regarding the launch and uptake. At best, we are in a holding pattern.
Issuing a profit warning would require previously issuing sales targets.
It's not looking great. I must admit, investing on AIM has been a learning experience. Unless Stuey provides clearer guidance on commercial opportunities, I suspect that this will go lower.
The share price recovered nicely. I believe in the product and it is too early to suggest that its benefits are exaggerated. If there is a slowness in adoption, I will look for senior mgt to clarify how they will address this.
Woodstock, I know and I certainly did not have you in mind when I wrote that. However, there are many names that I do not recognize after being on this board for over a year and who I do not associate with contributing DD. Someone else posted today that SNG was now one of the most actively traded shares on AIM. That must bring with its fair share of speculators. I see this as a positive sign that SNG is reaching the mainstream.
Thank you. Now, if the P3 trial comes through!
"Fear is the mind killer"....but greed is the portfolio killer
Welcome all! Punters and investors...the show is reaching its best bit now!
I had the impression that AIM was full of punters (not a comment about this board btw) so am surprised that more are not buying.
Excellent feedback. The feedback from early adopters will have a snowballing effect.
Out of curiosity - how did you hear about the treatment? I am curious about the effectiveness of the company's marketing strategy.
gggg, that is a nice bit of information. Always nice to see that we are in good company.
Belgrano, re the US sufferers' perspective - very reasonable post. I didn't know you had psoriasis.
Good feedback - need more testimonials like this making its way through social media!
thank you (Chris22?) !
That was a nice end to the week!
Theanalyzer, absolutely depends on the individual but for me it means knowing that I can work just for the pleasure of working and not because I am pressured to do so in order to take care of my family.
Being financially independent - that's the dream. The other dream is to be made redundant just before crossing the finish line to being financially independent.
Thank you for sharing but that site has much of a "boiler room" feel to it. Funny enough, 400% return is in line with my hope.