The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
.........of getting some news - early next week going by the frequency of the RNS's last month - that will get this share price to move north
We got nothing but good news today and there is more to come this week.
What I couldn't understand was the lemming like behaviour earlier today - when lots of selling took place at 0.59 only for the price to close at 0.62 - ask yourself - "have you lost out a bit"?
The business model for MOS is sound - it has been proven in Mexico -it is about to be proven in Argentina and Brazil before the end of the year - as the MOS footprint is created in each new territory - the revenue streams will also increase and the share price will go north.
Invest your money for a timeframe that is a little longer than your nose!!
Await the next set of news with bated breath!!! - if the news is positive as anticipated - this share will go north very quickly.
I was lucky today to top up today for 0.569p.
Good Luck All!!!
sp!
What an excellent podcast - the potential for MOS is huge - if a small fraction of the potential is realised the sp will break through 1p with ease - we are not going to have to wait long - if the growth rate in Mexico continues and is replicated in the other territories - people will be kicking themselves for not loading up at the current so.
I first bought into this share at 3.5p - it has done very well for me - I was able to take the profits at various stages and invest elsewhere and diversify my portfolio. What we have in GGP is a proven gold and copper resource - we have had good drill results - the fact that NCM have stepped in as partners to develop the resource speaks volumes - they have seen the potential in GGP and I am sure they will get a good return on their investment(s) - the key hing is that they are a Tier 1 partner and not amateurs - that gives me a good deal of confidence that my small investment in GGP will give me a good return as the mine(s) reach their full potential in due course - Note that there is more than one.
The key lesson here is - people need to trust their gut instincts - GGP was good before and it will come good again in due course - if as a day trader you were hoping to make a fast buck over the past 10 days - you may have got your fingers burnt - but if you are able to hold on a bit longer - all the signs for GGP are positive - you need to keep your nerve.
All I would like to say to SD is that there is a knack to presenting good news - a bit of polish would help the sp a good deal.
There seems to be some pointless nervousness on the BB at the moment - we have had some good news that resulted in an adrenaline rush in some people - something that usually does not continue for ever - after good news there’s always some profit taking that causes the SP to drift downwards until the next news lands - best thing for people to do is to go away from this BB for a bit - the so will go north as we get closer to the next set of news - I have every expectation that we will get good news at the end of the month about Mexico and the new markets - keep your nerve - stay calm - have patience - not long to wait.
After a share has risen like MOS over the past few weeks - there is bound to be some profit taking - but as you sell you also risk missing out on any positive price movements.
Just consider - in 4+ weeks we will get updates on Mexico where I expect the number of subscribers to increase - we will most likely get positive news about the inroads MOS will have made in Argentina and Holland - not long to wait.
The MOS business model is sound - it has been proven in Mexico - the increase in subscriber numbers from yesterday’s RNS is a testament to it - every confidence that the success in Mexico will be repeated in other territories.
Act in haste now - repent at your leisure later in the year.
Top of the Share Risers Chart on LSE now - it would be fantastic if we break .6!!!
Keep your nerve and await the good news.
GLA
With all due respect - I have answered your question in my response in full - there is no contradiction - perhaps one of my typos confused you.
The process of "averaging down" involves buying more shares at a lower price after you have purchased shares at a higher price - so on average the price you have paid per price is lower.
I bought at higher prices on a number of occassions previously -having built up a loss and resigned myself to losing my investment - I topped up at a much lower price over the last few weeks - having followed the company and its change in direction - so today of all days - I am in profit.
I am content to keep my holdings in MOS at this moment based on a number of reasons - the business model - results from the implementation in Mexico - the size of the new markets (India & China) - the potential of the returns from these markets if the experience of Mexico is anything to go by - so I am happy to stay invested in MOS for higher returns - I hope that makes sense!
My apologies - I have noticed a few typos in my last post - after a glass of red wine - my spell checking faculties were a bit blurred.
Today is a good day - the share price has crossed a magic milestone for me.
I first bought info MOS when the price was in the 80's - I bought on the back of some advice from the Motley Fool where one of their investment analysts described MOS as the next "Apple" - I had failed to do my research - I acted on the back of someone else's investment advice - again one could argue that that is not always wrong.
I then bought some more and averaged down when the MOS price was in the 40's - I then bought some more and averaged down when the MOS price was in the 20's hoping that the company would turn around at some point - but the price drop continued - I then got to a point where I had written off my investment - that is until current management took over after Mr Buckingham's departure and the company changed direction.
I followed the company over the past few months - it seemed that something good was starting to happen at last - the current management seemed to have got the company strategy right and revamped the business model and it felt right - so I invested some more and averaged down - and BINGO - after the rise today I am in the black - I have recouped all losses and more.
The question now is - should I could cut my losses now and take my profits after all these years - and the answer for me is NO - I personally feel that now is not the time as as the company is going to get stronger as we go forwards - I am going to keep my holding(s) intact.
The key lessons for me over the years have been - DYOR - trust your gut instincts - remain patient - do not risk more than you can afford to lose -and finally luck has played a very large part for me - something I cannot account for - so who knows - I am not going to say that MOS is going to be the next Apple - but it would be amazing if the emulated a tiny few of their successes.
I would like to wish everyone ingested Good Luck - our journey going forwards is going to be interesting!.
I fail to understand some of the reticence expressed on this BB - the implementation of the business model in Mexico has gone well - that is a fact - the model is being rolled out in other parts of the world - if the success in Mexico is repeated in India, Holland, Argentina, China, etc - the outcomes will be significant.
So talk about rights issues and nonsense about "final scores" is almost secondary - the key thing that some idiots lose sight of is - any dilution from rights issues in the short to medium term will pale into insignificance when the potential returns from the new markets are realised - hold your nerve.
It is a fact that the Indian and Chinese markets are significantly larger than Mexico - plus the fact that the MOS product proposition has been proven in Mexico - so await good news.
@Buster_Pila or should I say @Buster_Pillock
You sound like someone who is depriving an English village of an idiot - what is the point of your post at 11:06 today - perhaps you are a deprived attention seeker - who only gets attention by inviting derisory comments on they BB - go out - make friends - have a couple of beers you sad TW@%
@TheTruth
The way you have gone on about Myles - I mistook your obsession with this individual to mean that he had some information that the rest of us were not privy to - but it now turns out that he is just another investor like tens of thousands of others - that is the long and short of it - I find your obsession with Mmmyyyllleeesss!!! a little unhealthy - the sooner people ignore your nonsense and responding to it - the better.
It has been known for a while that the MOS business proposition is sound since the company repositioned itself - the business model has now been proven successfully in Mexico - in fact its implementation in Mexico has gone better than expected. If this success is repeated in India (where the market is several times bigger than Mexico) the outcomes will be huge - I have every expectation that the share price will go north quite quickly - You will then regret having missed the boat.
MOS are also establishing a presence in China and Holland - we will see some interesting RNS's coming out in the next few weeks.
Please stop behaving like someone who got into the "gene-pool" when the life-guard wasn't looking - either engage in a positive way or find out where Myles has wandered off to and follow him quietly - so the rest of us invested here do not get exposed to any more of your drivel.
@TheTrurh
Can you please enlighten me as to who Myles is - who are you referring to in your post?
The dumping of paper futures and the shorting of gold will reduce over time as the BASEL III regulations come into effect - to the best of my knowledge - the regulations are already taking force in Europe - the UK has dispensation into early 2022 - but the regulations will also be applied in the UK - the shorting of gold and its price voliatility should tail off as we go towards the end of the year - we will clearly see some high volatility between now and then.
Now probably is the best time to but Centamin shares - as the price of gold increases so will the price of this share - keeping one's nerve is the best advice that can be offered at this moment.
There has been a lot of nervousness expressed on this BB.
What people here need to understand is that when a stock goes XD - "the value of a share of stock goes down by about the dividend amount" - for more information see - https://www.investopedia.com/articles/stocks/07/ex_dividend.asp - what is happening here is near normal behaviour.
Centamin is a good stock with good reserves - one of the few stocks that pays a good regular yearly dividend - you will be hard pushed to find a similar rate of return in a bank or building society.
Sit tight and see what happens to this share price over the next few weeks as the price of gold goes up and people wake up and see the value in this stock - as already pointed out by a contributor (my apologies for forgetting your alias) read this article by Alisdair MacLeod of Goldmoney - https://www.goldmoney.com/research/goldmoney-insights/inflation-is-a-monetary-curse
Good luck in all your investments - please do your own research and make your own investment decisions - do not risk more than you cal afford to lose.