The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I missed the raise - ****ed off tbh - been in this for so long I might as well really go all in. Pity.
You'd think that the turmoil we're seeing across pretty much all markets.......would mean robust trading for Plus......and yet all I'm seeing is the share price fall......great. smashing. fandabbydozzy.
At least the share buy-back is hitting hard at these levels, taking more and more shares off the table. I still find it curious there wasn't an RNS about that recent news article on the lawsuit. Maybe they consider it to be of no material consequence? Interested to hear people's thoughts.
Considering the news this morning re CMC (splitting the business into two companies - a non-leveraged offer to their clients business and a CFD offer to their clients business) would that be a potential route Plus could take? Or would it even be worth it?
I'm looking forward to hearing an update from the powers-that-be at Drumz; I feel that it'll be good news on all fronts - certainly the recent news is positive, imo, for the long term investment that Drumz has in that business and I'm going to also say that Acuity will have gone from strength to strength too - and if they can get the US tie-up motoring - could be stellar.
Clearly not.....
When it's written like that Barcus.......I can't understand why they haven't done it already. They wouldn't have pesky shareholders asking awkward questions, it wouldn't matter about their Israeli domicilty or their lack of transparency (on certain things, or in the past or both) or the issues around the withholding tax. Makes no sense why they're on a public exchange tbh....but they are and we're invested!
Thanks for that insight phenomenonnick. I'm not going to invest directly into KCR but I keep a v close watch of what's happening as I'm heavily in Energiser/Drumz.
Yeah - I agree there's very little to entice them in the market at the moment - there's no point buying a cmc equivalent as it were; they only bought that US brokerage for the licence - Plus want to leverage their own platform (literally no costs adding customers, apart from the marketing spend). I think they'll keep on with the share buy-backs and perhaps....maybe...if we're lucky, give us a special dividend on top of the regular divis, to keep the peace and offset the disgruntlement and grief that holding on to this share provides! (so in actual fact they wont provide a special dividend as the management clearly hate the share holders and couldn't care less about us.
In the case of this share, past performance is definitely no guide for the future.......it seems to behave abnormally for me - I just have to keep telling myself that I invested in this share because I felt it had long term growth and some dividend action......but I got to be honest - not enjoyed the (unnecessary, in my view) ups and downs along the way.
Whisper it but can we breach 60p I wonder....?
They could take it down to 2 or 3p then?
A bit like the U&I purchase (£190m) recently announced. I think what has changed sentiment (in terms of buying a development business rather than building one up, as it were) was one of the banks saying they're to get directly involved (50,000 houses or something). Legitimises buying development companies (if it's good enough for them etc etc).
I just feel that Plus will always suffer wider swings on news.....whether good or bad.....will drop quicker than her peers on bad news and recover slower on good news because of the loss of trust that has taken place with Plus over the years (and the fact that it's based in Israel and all the other reasons that have been explained by many on here already, in previous posts). I'm hoping the next dividend will reward my loyalty......but possibly not....!
It seems to have had the opposite effect Optimist? I'm confused by this share......should be going up than down?
156,000 shares bought in one trade today.....haven't seen a trade like that (other than when our secret seller jumps in and trades) on the positive side of things.....for ages. Hope it bodes well.
Exactly as I said on 5th October (regarding costs)......apart from that I thought it was a positive trading update, in as much as there wasn't anything shocking within it (apart from the costs going up.....but we sort of thought that anyway - you only have to try to buy anything anywhere these days to see that prices have risen - building companies are not immune to those rises).
Someone or some company is persistently selling INL at the moment. Everytime there's any momentum.....it's nipped in the bud pronto sadly.
I'm not sure that Basildon thing is as good an RNS as initially thought. It's effectively a build contract, nothing more. It's £408psf around there.....build cost will be £200psf+ (for a mix of houses, apartments - the commercial will be shell &core, capped off services, chevron hoarded so less to build). It's just not that exciting imo. Will all depend on the build contract terms, and when they were signed. costs, compared to just 4 months ago.....have gone north......and there's no sign of that trend slowing down. They need private house and apartment sales, on their own contracted land or news of sold sites, that are owned by INL to generate good news, imo. These JV's with, effectively, affordable housing companies (although Homes England is not an affordable housing company as such - but it's emphasis is on 'the greater good' not a dividend for private developers shareholders) - INL can't be seen to be rinsing the site because of the bad PR that will generate.)
Madikwe - just to clarify a couple of things. I confused things with mentioning my deal at the end of my last post, sorry, there was no need to mention it, it just got in the way. PPA's are usually 10 years (and lots of times but not always, they are effectively a 5 & 5, with a break in favour of the developer at 5 years - so the developer can cut their losses). Henry Boot will have employees (planning, technical, project managers etc) that will work on maybe 5 to 10 deals each, perhaps more, depending on the anticipated complexity and timeframe for each deal. They're able to do that because there's usually very little conflict (particularly of time) between each job. They are carefully mapped out.....and things take absolutely ages in planning, It's a painful process.........and there is a huge amount of risk. There are no guarantees of success at all.