The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
PDL getting a hammering today !!
$357m debt is showing why this isn't rising now.
As for $50m in dividends just shows what clown we have on this board.
Read my message before the RNS !! Looks like my prediction was spot again.
At best PDL will be £1.50p by Xams??
AIMHO
Thanks splendor for that !!
So real debt to Petra stands at $357m not the $107m we all think with these not so transparent RNS's we get every quarter.
Maybe people can see why the share is muted around 140p and
A disaster reaction to that update from yesterday!!
I'm sorry my prediction was right again.
I will ask again are we actually paying off any debt as the $336m notes are due in 2023???
So what are we paying $45m each quarter for because the market knows but I don't.
Confused.com ..
Redwine
So what the hell are these $45m payments every Quater for ?? I have always said about the debt maybe these are interest payments on the notes due 2026??
Something stinks here hence the 132p share price when any other company with the same financial situation would be trading at £7 + !!
We have a company debt free in Q3 2022 or year end apparently!!
Generating $200m FCF and production increase with less capex in 2024.
So a total cash machine for ever paying a divi around 7% minimum ??
But the market doesn't believe any of it so what is going on here .
Does petra have Skeltons in the cupboard like a $500m unpayed credit card somewhere??
Nelson the Market would of got wind of what you mentioned.
The Update will be boring saying they are moving in the right direction with balance sheet looking stronger which isn't a bad thing !!
Then the market will hammer us down on low volume tomorrow and take a few stops out.
Then a steady climb back up to 140p over the next 3 months .
Very predictable to be honest but i like to be proved wrong ??
Hits 138p then the big sell before tomorrow's update!!
Needs a carlsberg RNS tomorrow???
A retest at 115p is back on so let's hope it holds this time otherwise next stop 96p .
With Diamond prices on a relentless decline now anything is possible ???
AIMHO