The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When the deal goes through this will probably rise to .6p in fairly short order.
Of course the deal is only done when its done, and there will certainly be setbacks to production.
Its always possible the deal could fail, but I doubt it, and even so although that would be a considerable nuisance, I doubt it would be the end of proceedings.
Looks like PREM is doing really well...................oh wait, maybe not so much.
My prediction, I think it likely both PREM and KOD will do well over the next 3 to 5 years, how well each will do, I have absolutly no idea. I don't hold PREM, but only because I hold 3 lithium miners/explorers already in addition to 2 other big boy miners, and thats more than enough in the sector for me.
Not sure that is a good indicator, but if / when KOD hits 1p I think you will see a lot of retail take a quick profit, and as income from production ramps up institutions will eventually take a bigger slice of the pie.
The problem with retail investors making a substantial profit from juniors, has and always will be hanging on to their shares. Most never see a 10 bagger even if they are in at the start as they will have cut an run long before it fulfills its potential. I only hold a little over 13m shares in this and it would be easy to sell at 1p, if/when it hits 2p, 3p etc., the ability to hold only gets harder.
Well I got lucky, could have gone the other way, but with hindsight it was a good move. I really want to get back into this as I believe TRIG will be good long term. However I just don't understand why this seems to keep drifting down. I will buy back in, it will probably cost me more to wait but for the moment I'm just watching.
As it stands BHL accounts for only 0.12% of my portfolio, so although watching, I don't really have a dog in this fight. Investors thinking of opening a position here will do what they think is best, I would however advise caution. It remains for me a very high risk speculative investment, with of course the 'potential' of high rewards if one is willing to sit on ones hands for at least the next 5 years.
I opened a small position here a while ago. I see potential, but am still very cautious. I only hold 12680 shares which are currently down nearly 78%. I have frequently been tempted to double or triple my holding to average down, but it just seems to continue down. Unfortunately it is still a very early stage explorer/miner, and I cannot at the moment see any clear pathway to production. I like the geographical location, and the political stability. If/when things become clearer I will add more, but at the moment I don't view a low SP as the same thing as cheap, and it remains on my watch list.
I'm not sure I agree with the term 'loan'.
But in any case why would Hainan loan money to a company doomed to fail.
But I suppose I could just as easily ask why anyone would post on a BB where they have no intention of investing.
Troll away, it's a free world, whatever floats your boat.
Clueless-1
If that is the case, then it's very childish, and although I have no personal experience regarding the the pros & cons of basing my investment decisions on the avice of children, I think I will give it a miss.
Others of course are rightfully free to take advice where they will.
Johnnypc
You are of course entitled to your opinion, and have the right to post on this BB as much as anyone.
My question to you is why do you post?
There are many stocks that I wouldn't invest in, as a result I have no interest in them and neither visit or post comments on those BBs.
So I eagerly await your response.
It's certainley worthy of being part of any portfolio, and has been one of my foundation stocks for a while now.
It is of course cyclical, but I add on the lows when I can, as long as it dosen't unbalance my portfolio too much.
At the moment it accounts for a hair over 10% of my holdings, so have no plans to add more.
When the Chinese economy picks up, as I believe it will over the next 2 years, I full expect the SP to rise to somewhere between £55 and £65.
I have been fortunate buying in the £44's, £45's, £47's and £49's, with the most I have paid being £55.18. IMHO anything below £50 is a good buy for a company with these credentials.
15% down on the day still appears off.
I know its not all rainbows and smiles, but ALL seems to be on the right track. I'm sure there will be setbacks, as thats to be expected, but I can't read this RNS as being one of them.
I suppose that at a 10% drop a lot of stop losses may have been triggered, but even that initial 10% drop seems off.
I don't buy into conspiracy theorys, only one thing moves SP, buying or selling pressure, sentiment, news etc., can cause that buying and selling, but ultimately somewhere a decision has to be made to invest or divest.
In this instance I cannot see what caused the initial drop.
Can anyone explain the price movement today.
I have read and re-read todays RNS, I'm not sure there is anything within it that wasn't expected, so I wasn't expecting a huge amount of upwards pressure on the SP.
However I cannot for the life of me see the negative I am missing that has sent this lower.
Those who respond to certain posters on this BB are just as responsible to it falling into its current cespit of pointless posts.
Pleas do everyone a favor and filter those disruptive posters.
They will just dry up and blow away if it falls on deaf ears.
RB@Balboa
You are an odd fellow for sure, your views seem to change with the weather.
My personal view is that as with most AIM stocks, KOD carries generally more risk than 'main market' stocks, but also the potential for a bigger reward over a relatively short timeframe. Given that information strongly suggests a large company is set on being involved in a joint venture with KOD, I think that KOD is less risky than most AIM stocks. While I am no expert on investing in junior miners/explorers, I can make reasonable assumptions based on the actions of highly professional people who seem to have determined that KOD is a worthwhile and potentially profitable partner. I have no doubt that those professionals have access to far more information than I, and far greater skills in predicting what that information means. Big companies like KODs potential partner do not become big by routinely making uniformed bad decisions. While I may not have the knowledge and skills in many sectors, I do have the ability to make good use of the knowledge and skills of others, and make reasonable assumptions.
I do not know how big or successful KOD will become, but I do strongly believe I will see a good return on my £92k investment.
I am certainly not suggesting that anyone should invest in KOD. Stocks like KOD require a huge amount of faith, and belief in ones own assesment of the stock, otherwise its very likely an investor will sell at an inappropriate time and sustain losses, based on short term falls or rumor. I would add that no matter how much an investor believes in any one stock, its foolhardy not to spread risk accross other sectors.
If I'm buying I want a very low price, I don't think it's just millionaires.
As for loads of blue trades, look at the volume, loads of nickle & dime buys with pocket money. Less than 60m volume.
Jonjo
I echoed on a post yesterday what others had previously posted, in that I expected a further extension. I also expected a slight drop in the SP as a result, which I don't believe is an unreasonable assumption.
It may well be extended further, it takes as long as it takes.
If you fancy a quick gamble try the horses.
The SP does not make any difference in the day to day operations or indeed the fundamentals of the business, unless of course the business is looking to raise funds by further issue of shares, which KOD is not.
It makes even less difference to me day to day, and only has any real impact if I decide to sell.
We all like to see a SP rise, it makes it easy to hold, but stocks just do not work that way consistently.
I do get fed up with the ramp / deramp nonesense. If anyone thinks that a random post on a BB is capable of moving the SP they are at best delusional. I don't doubt that its possible to influence a few investors to sell a few thousand shares, but no way will that move the SP.
Research, buy and hold shares you see profit in, as soon as you don't, sell, whether in profit or loss.