The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
How many of you posters follow Tom Winnifrith and his colleagues on *************? If you had, you could have exited WPCT a year or more ago, without loss, as I did. Obviously, I knew when investing that Neil Woodford was investing in Biotech start-ups and he admitted some would fail, but others, he argued would succeed spectacularly and make the losses insignificant. Woodford 'balanced' the illiquid stocks with listed stocks and what did it for me, prompted by Tom, was looking at one of these, Purplebricks. Woodford believed this estate agency had a business model that would 'disrupt' the market and he bought in big, at up to 27% of the equity at one point. Well, I'm older than Neil and found I could not believe this spiel and thus agreed with Tom that Purplebricks was itself far too speculative to balance anything and sure enough, it fell like a stone, as the 'disruption' failed to materialise. I had bought in to WPCT at around 91p and got out showing a tiny gain, but am I glad I did. Thank you, Tom and you deserve many many more readers and no detractors,because what you do is a public service to investors. Panorama, next Monday, I believe..
lejjb You are seriously deluded. TW is a trained oil analyst. Why are you ramping this precarious penny share?
He was right about GLOBO and several others.
Maybe because it's true? Just a thought.
Some wishful thinking on here, especially poster RichinMinerals. Do come back and tell us how you got on in market today and following days and why TW, who you are so rude about, is wrong. Timezone ahead of you, so toast and coffee time here.
Anyone on here remember Globo? Of course you do. Well, TW himself has published a detailed investigation of Telit on ************* and drawn a comparison, I'd advise you to read - I put it no higher than that, except to add, the probably permanent exit of Mr Oozi Cats aka Uzi Katz, is not the whole story, by a long, long way. In short, this is a sell.
Sorry, my mistake. Interactive Investor traded Tuesday, in fact, but issued note Wednesday; hence confusion. No complaint on this occasion, therefore, but I have long believed there is a general problem for smaller investors with prices of re-investment of dividends 'bargains'.
Could well be. Interactive Investor credited divi Monday, traded Wednesday at 'bargain' price 488.569. Price hours later is 476.90. I have seen this so often with popular shares. Do the MMs see the platform traders coming? It is their clients who are being suckered.
Could well be a buying opportunity, but why falling lately? Other Property shares holding up, after initial post brexit vote dip.
Profit-taking - it happens regularly and keeps sp below 500p
As a third generation shareholder, my inherited holding represented by a single share, added to by my own purchases, but insignificant after massive dilution and continuous failure to deliver, I wonder why this is still a public company? If all it does is make a living for staff and directors, why not take it private, as seemingly, no other company wishes to merge or purchase. A truly British story of failure over more than a century.
And back down again. This didn't help: " ... the Marsh Christian Trust, of which Mr Brian Marsh, Chairman of the Company, is a trustee, has today sold 171,000 ordinary shares in the Company ("Shares") for 152.25 pence per Share." These shares were gifted to the Trust by the Chairman himself, but instead of waiting for the price to rise, as all commentators say it must, the Trustees preferred to give them away at a 33% discount to NAV. How shortsighted was that? Incidentally sending the sp downwards again.