The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Now now legend ... You know full well there is no message or meaning. TA, or as some like to call it 'technical analysis', is as meaningless as seeing the face of jesus in a piece of toast 😂
Thanks for posting the presentation link acconista. All looking like going to plan. The only thing I can think from it that is suppressing the share price is that no income due for 9months, so maybe potential buyers think they have time to wait before buying in. Very risky as leaving it too close could see the price treble first. I am more than happy to wait it out. 9months after 5years is fine by me. GLA and patience - we are nearly there 👍🙂
Thanks stephen. I guess i'll have to wait for the published video afterwards then.
How do we join the presentation? I can't find anything on their awful website. I joined the previous one, but i'm on a smartphone this time not a computer. They don't make it easy for investors do they 😡
MisterPositive - I assume you mean 26cents, otherwise it is a 1600x increase. What a difference a decimal point makes! ;-D
... but as you say, 2bnAUD is around 1bnGBP so quite possible for us to do something similar. Mercman and others have made calculations that justify such a lofty market capitalisation, so who knows. Hold tight to those shares. GLA
A very interesting article elcobbledore. Just look at the vertical axis of the graph. A more-than ten fold increase in vehicle sales in four years despite all of the media doomsayers and pessimism. Good find :-)
If I could perhaps expand on Mercman's post:
"You put 10k in 10 AIM stocks.
£100k total
3 go to zero = £0
3 lose 50% = £15k
2 break even = £20k
One goes up 100% = £20k
Total £55k
The one stock that does really well needs to do 350% to break even, but ideally 500-1000% to make good consistent gains on the overall portfolio."
Well, if you consider the opportunity cost of the £100k over 5years (put it into an institutional investment fund, growing at 7% compounded over 5years = £140k), then you would need that one winner be worth 14x your buy-average. If we are honest, I think none of us started out investing with the thought that we might need such a stellar return to break-even with the market average, never mind out-perform it! Compound 7% over ten or twenty years and suddenly you realise the perils of unicorn-chasing. As per my previous posting last week, this is why I have decided that when the time comes for me to sell my KOD winner, I won't be doing single-company shares again. Too much time and too many losses along the way. Never mind Johnny Cash, the words to Kenny Rogers' "The gambler" might be more appropriate! GLA :-D
Thanks Tabither - 53.2m (Yikes!)
Well done mymy/Jim. What you have pulled off is the dream we all have when we get into this share dealing game. Easy to see how to do it in hindsight, but very hard in reality, with real money (I'd imagine even a dummy/fantasy account wouldn't be the same), so my congratulations to you. I hope my first few top-slices will put me in a similar position, but I haven't the nerve yet!
Thanks stephen11 - this is looking to be life-changing for me and my family too.
Laverda - yes, maybe a hobby, as it is 'fun' watching this each day and reading the chat comments (well, not when the occasional bickering drags it down!).
I'd say patience is the biggest investing 'skill' to have, and understanding that buy and hold/top-up is usually the best strategy, with timescales of years. KOD is a bit of a sporadic unicorn and being out would mean missing the best few days of the last five years. Trading this share may have been more profitable, but far more stressful.
I like your suggestion of maybe a 'hobby' account of say £10k and see if I can trade my way to a 10% return every year (with NO extra cash to bail me out). Hopefully my ramblings may be useful to any newbie investors - certainly don't invest more than you can afford to lose, and don't underestimate the performance of a good institutional fund over the long term. Hindsight makes us only see the big rising companies, but look at where KOD started ten years ago! Can anyone wait that long to make a profit? The last year has been a 'leap of faith' for me topping up on the long drifts lower (dragging my average up), but it now seems to be coming good. I can imagine seeing the KOD price rocket and me not selling (or hovering over the sell button) could be even more stressful than the share dropping as then holding and topping up seem to be the only options in those times. I have a draft exit strategy written down on paper (multiple sells in bursts at various prices) which I think will stop me getting swept up in any future euphoria and allow me to actually take some real profit I can use. Everyone will have their own style and strategy. Good luck everyone, which ever way you play this one. Live long and prosper! :-D
I agree with the observation that investing in individual company shares is very difficult! I'm now 'all-in' with KOD as my only single company share and when the time comes to sell I won't be buying shares again, instead buying a retirement house and any surplus will go into an ISA general fund - I'll leave future growth to the professionals! It is often said our naive confidence makes us think we can beat the market, but usually we don't. I'll freely admit overall I am down on my share trading, so I shall be honest with myself and admit that ending up in KOD was more luck than anything else and that finally backing a winner hasn't given me any skill to repeat again - I'd probably lose the lot on another high risk gamble. Worst part is losses in an ISA aren't tax deductible, but at least my KOD profits will be tax-free. 0.265p average for me over the last 5years, and pleased I've finally backed a winner now I am approaching retirement age, as time is running out for me to replace any losses. Hardest part now will be not selling too early! 3p minimum for me in 2years' time. GLA :-)
Volume is high too - over 24m shares traded already
Stephen
Something else Bernard also said which struck a chord with me was that the profits from the DMS plant were to be used for the big prize of the flotation plant later (~4yrs?). I had sort of lost sight of the fact that the DMS is only a stepping stone to the longer-term plan of full floatation. The timescales probably won't suit many shareholders, but I too had thoughts previously of selling up at DMS production as being the 'end point', but Bernard's comments were very much about getting to the long term full scale floatation method in 4years. Thinking big indeed, so maybe I need to revise my exit point. Perhaps I'll just top-slice at DMS production, and hold on to some for longer. Hmmm ... food for thought. Good that he was talking about such long term plans :-)
Devil666 - sorry, like most on here, I don't understand your post - for every million shares I have made £2300 (bought average 0.265p), and some on here will have made even more. Even if you got spiked at 0.8p, then be patient and you will still make more money than you would get from a bank deposit in a couple of years. Think of it as a 2yr-notice savings account where you lock your money away for a few years.
Well done Clapa - one heck of a top up (both quantity and price)! You'll do well with that one :-D
I've already gone 'all-in' with KOD and it is the only single-company share I own now having sold everything else and put in here, so BIG risk for me and my fortunes very much pivot upon KOD's success or failure. I do have a few institutional funds so a bit of diversification, but not put new money into those for a few years now. All my additions are currently into KOD, but I think I'll stop topping up if/when it rises above 1p then let it run. Fingers crossed :-)
Ha! This normally doesn't work for me! Normally I topup on payday (25th), but like many I too expected another extension, so told myself I'd wait until 1st Sept this time. 'Unfortunately' (!) my nerve broke yesterday thinking it surely couldn't go much lower with maybe the extension pretty much priced in, so I relented and added at 0.4395p. I dared to peek at the price this morning to see how much my blunder cost and for once seem to have pulled off a pretty cheeky topup. Who knows, the price may recede during the day, but for now I'm feeling particularly smug! Intend to be here for another couple of years, but so far, this might actually be a bottom to the recent 50% drop. Fingers crossed and good luck all. Still a good entry point to anyone not in yet - don't be greedy waiting for ever lower buy in points :-D
Me too, Mercman. Normally I top up straight on payday (will be Friday this week), but am expecting another 1 or 2 month extension, so I think I'm going to chance waiting until 1st September this time. It won't affect my average in the slightest (!) but it is the closest I'm going to get to 'trading' KOD. FOMO is a powerful emotion. Maybe me waiting this time will jinx things though - would be just my luck! :-D
Indeed Mattpr1. Eyes wide open and aware of the 'risks'. I'm quite prepared to be here for another 2years until production. Glad of the recent dip and topped up this morning at just over 0.50p - what a gift! Once the funding comes in, it will no doubt spike up, followed by a year or two of drifting slowly lower until actual production proper (unless there are lots of additional news updates on other business activities eg gold etc). All good for those putting in a monthly top-up. I've been here five years and made a very good return already. The graph trend smoothed over that time is actually quite steady, so the smart investors will be ignoring the oscillations. Try beating these returns with bonds, bank interest or any other company share, and still the best is yet to come. 2 more years is nothing in the grand scheme of things. Good luck all patient holders :-)
"Whatever is holding this deal up is highly unfortunate."
... it is only unfortunate if you're waiting to sell on the news. If you're still topping up and intend to hold until production, then the drop in share price is very fortunate! :-D