Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Have you guys any idea why I can't buy Sanofi through HL at the moment?
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-03-16/sanofi-and-regeneron-to-begin-initial-covid-19-treatment-trials
Please note, I'm a total novice investor, and I am not making any recommendations. I just heard from someone I know that a breakthrough could be in making.
I have no competence to check how well financed the company is etc but just curious why HL platform is not letting me to buy any.
Approval to sell required.
Put this through Google translate.
Sorry can't access the full article
https://www.kauppalehti.fi/uutiset/suomalaisyhtion-laakkeella-voi-olla-ratkaiseva-merkitys-koronaepidemian-hoidossa-laajat-varastot-jo-valmiina-vain-myyntilupa-puuttuu/ca4d39f3-a1fc-46ad-b28c-1169482335ce
The investor event in Finland still going ahead - online!
https://youtu.be/l7KsmhAbSe4
https://www.bbc.co.uk/news/uk-51895873
Possibly this one?
I personally invested in Faron as I felt I could have one riskier investment in my portfolio. I first invested only 0.5% of my portfolio value and topped up twice to bring it up to 1.5%. I'm only investing money I can afford to go without. I don't have any more cash to invest more but I feel happy that my financial risk is supporting a company that is doing research that may potentially help many people. I always took this investment case as a charity as I don't understand this sector at all. So come what may, Faron succeeds or not, I hope the research they're doing is helping the science move forward.
Apparently some positive press coverage in Finnish media on 22 Feb.
Apologies I don't have access to the full article.
https://www.ts.fi/uutiset/talous/4869169/Turkulaisen+Faronin+kehitysputkessa+oleva+tehohoitolaake+Traumakine+voisi+auttaa+koronaviruspotilaita
Thank you so much for your correction. I'm fairly new to stock picking and learning as I go along. I really appreciate your time to reply.
I was wondering if the share price was going to drop short term. I suspecting that might have been the case by observing the share price value in previous times when the company has done the "procedure".
I intend to be invested for long term as the company's strategy appeals to me.
M
Welcome on board HermanusInclusus!
Based on the annual reports Steppe Cement does export outside Kazakhstan too. I really should get the world map out and see how far the factories are from China etc. I have been wondering if the recent unfortunate news re Corona virus are helping Steppe as China's production is not back to normal yet after the holidays.
Thank you! Stock picking is a very new hobby for me and I love learning all the new things. I have been very cautious with my investments so far and made sure that I only invest in companies that have a healthy cash flow and very little debt. Having FARN in my bag is a risk for me, but one I was happy to take. If nothing comes out of this, at least I have supported some medical research.
I've decided that I won't check FARN's stock price on daily bases. I've signed up for the company's mailing list and will get any new RNS via email.
Thanks greggreen. I might be in for an expensive education... Fortunately, my position is tiny in comparison to my other portfolio and the monies I've invested in Faron can stay put for years. Won't need it now nor in foreseeable future. Sounds like you still have a reasonable buffer if your investment is in 90-130p range.
I've bought Faron 3 times now since New Year and my position is badly in red. However, I'm not worried. It's my first time investing in a medical company so I'm just learning the ropes. It was quite thrilling to get the share price surge last week but sadly it did not last. I was wondering if there were some stop-loss limits kicking in etc. I've only invested the money I can lose. It's a total joker card in my portfolio as I don't have any medical background or experience in investing this type of stocks. I'm planning to stay invested. Company has few events in its calendar. After each event, there have been small purchases. I was wondering if the company's presentation is getting catching a few investors eye and they're just buying few stocks to chance this out.
I'm largely enjoying reading people's comments but getting a bit tired some repetitive messages.
Good luck all! Hope you have a good and profitable week!!!
Any views on today's RNS?
Application has been made to The UK Listing Authority and The London Stock Exchange for a block listing totalling 3,500,000 Ordinary shares of 10p each to be issued under the Sharesave Plan and to trade on The London Stock Exchange. These are expected to be admitted to The Official List for trading on 11 February 2020. The shares shall rank equally with the existing issued shares of the Company.
I wonder if the small trades are from people who attended the LSX World Congress event yesterday afternoon? I'm thinking that some of the audience may have liked what they heard? Fingers crossed it is a good sign for us who have invested already.
My thinking follows a similar line than the above. Possibly jumped in too early as someone is still selling large volumes and price keeps going down. However, I believe on their business model on long term and management seems trustworthy. I was following a Finnish company Huhtamäki for a long time but its share price was too steep for me to buy. I'm hoping SMDS follows similar trajectory to Huhtamäki and makes success on the packaging industry. Hoping a good decade with this one.
I spent my Xmas holidays reading through the company's financial reports over many years and I felt this is a well-run company that has invested in its people (workforce) and factories. It has very little debt (if I'm not mistaken) and if there is a wider economic downturn it should be able to ride it out... The only factor I'm bit uncertain is how any CO2 regulations would affect the company. I've understood that cement factories are not the most climate-friendly in that aspect. However, have to put some trust in the management team is addressing the environmental side of the business too. I'm very new to investing so have been looking for well-managed companies with low debt ratio. Just finished listening to Peter Lynch's audiobook One Up On Wall Street and he advises to buy companies with boring names that produce boring products. Don't think that it can get any more boring than having a company called Steppe Cement making cement... My first two companies I bought last year were Michelmersh Brick Holdings Plc (MBH) and Ibstock Plc (IBST). From the outset, they do sound bit boring too and are manufacturing bricks and roof tiles. They have done fantastically for me so far. There are lots of roof on this small island we're living that are coming to an end of their lifecycle and will need replacing in the next 10-20 years, if not earlier.