The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
J agree with the figures and indeed rent for a year and just returned the item as you cannot buy it even with all my stuff on needs to be transferred which gor me is a hassle
Also do not forget I feel they have a high default rate and it is vostly to issue a ccj with little chance of getting more than a £1 a monthss the courts do not consider a 2nd hand phone an essential payment ie against rent it etc and admin costs to collect huge
Shame until last week this was a great informative board
No it's just childish doubt my even own any
There should be a moderator who blocks any irrelevant posts
Umm quite possible borrowing now over 2 x market cap
They should gave raised when sp was 35p Last year
Now in similar position to Rev Bars
Well looks like if that's the law with rental but you can rent a house and buy it by agreement and leave a car and buy it and a TV from radio rentals
They should have leased the gear instead of rent it
Oh well looks like i lost in thx rental deal and now off to offload my last few before they fall anymore
Gl to all those left on board hope you all get a life belt
I have 2 rented pads ending 12 month contract this month told I cannot buy it
Ridiculous as I can pay ASAP Nd have all my info on it and then told it has to be be returned to be sold???
Anyone know why no wonder the rental option is not working out its crazy!!!
This is clearly not a logical business plan to lose a good customer after 1 year will never buy or rent from mmag again even though customer service is superb they are just clogged down with their own rules
I would keep my road they get their money next week and I would pay over the value to keep it for convenience maybe just their sales team get no commission if I am nit a few customer can't see anyone future in the rental business if this is their attitude
No vendetta man just The CEO advertised on GBTV then says how he hates the channel hipocracy he got cheap advertising leaves then slates the fastest growing news channel and life style business no interest in PI's
You see buyout at 4p
Well with a pt loss of 6p a share I think ot in the office just a life style business loss making for 3 years and now declining tech revenue
This had its chance during the last 2 years with cost if living crisis and our family rent from MM contract ends in April just told I cannot buy my pad so it will be returned like many other renter I know
This is living on funes
I will stay till 13.30 and report back on how many users
Did warn you all going private and 4p a share
Its a lifestyle business Steve CEO admitted it on conference call off to the pub at 3pm with the overdraft and beers when you losing £6m ptl
Get out with something it cannot afford to stay listed on Aim
Borrowing up
Tech turnover down
Huge increase in loss before tax
When will they make profit.
Last year released 8 march
Looks like it could go way of Loopup delist go private raise cash and leave us selling in tge market at 4p???
Any ideas
This int posted below is the best to date
He is very positive and if you are ind expert you know what you have
No need to go full production taking years and then costimg £m over budget like KOD
Shaun is smart pilot plant proove concept and sell for a £1bm im 12 months
Very similar to food man making a new product with a pilot plant
Shaun was a huge return without the hasle
Shaun Does he come across as honest
Yes
Has he kept us updated
Yes
Has he done what he said
Yes
Has he raised at sensible share price
Yes
Has he huge industry experience
Yes
Has he increased the share orice in 2023
Yes 10x
Will he continue to be honest and continue to deliver
Yes
Should you buy and hokd
Yes
Does this company not check RNS before publication omg its so jnorjfessional
Only a year ago CEO said on interview thd business would be within 3 years
Now under £10m this looks dire now dies admnn loom??
Why no end to this sale?
If anyone was interested they would have made an offer??
Well thats tge Ceo said in an interiew no wonder its called Magpie that comment and this business are for thr birds!!
If they off to the pub again as per the last presentation last order may be on the cards now 11.5p to sell someone knows somerhing ir its the bargin of the century someone tell me please as frrsults were out last last year on the 7th of Dec??
What i do not undertand and is a worry
1 why did Steve think this could be a £1000 million m/c xnd now £13m pure fantacy
2 why put yoursrlc up fir ssle when share pricd sk liw uc you are that confudent?
3 If a buyer does not appear soon I fear the worst as nk bic no cash just debt
I hope you are right but they to to advertise more they have a great opp with Asda link get promotion days at the booths i had hopes in April they would hit 50p
Maybe Steve meant £10m not £1bn market cap
They will not even be able to raise cash at this price so it looks like the end game cometh at least left with a smsll loss xnc in EEE
I the last pod cast did it for me so unprofessional and so anti GBTV news when they had ads running on the channel
Well they can now all go to the pub earlier if the shutters fall and BT can chew over the carcass imo
its a life style business out of date and for a plc should embrace all media not **** gbtv news off then use them for ads.
they needs to raise £10m that means 1 for 1 placement at 10p and still left with £7m debt declning rev and loss before tax
if results are bad could be time to put the magpie out of its leggless misery.