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I’m more comfortable now then a month ago, obviously due to the price rise and especially since the last RNS and chat from SA. If you were a new buyer into this company right now I wouldn’t think you could believe what you are getting on the plate for the price. I’m annoyed at myself for not getting more when the rise started last week and hovered over the buy button about 5o times. The wife has already warned me no more and would go mad even if I came out with a profit?
Belgrano, my thoughts entirely. I would have had a much better feeling if he had awarded himself a share option target rise instead of money in his pocket. That said I’m still in , I believe in the product and although I’m disappointed in some of his decision making I think he is pushing the company forward… just wish he and Manprit had held back on filling their pockets so soon.
Oleric, I’m not sure whether you still hold or not. If you do, why do you keep on talking it down? If as I guess you sold, why are you still commenting on a company you are no longer involved in.
I decided to hold on, as it stands atm I’m down, however I don’t blame anyone else for my decisions and yes I do read all comments with interest. Just go if you’re no longer on board.
Thanks for the explanation Elrico. I align with thechiefs view. Until this company is reporting forward movement ,the board members should have kept their pay rises reasonable and rewarded themselves with stock rather than cash. If SA has taken on Manprit through relatationship over company value, especially at his wage, then he is leaving himself open for attack. This company has a lot to offer, which is why I remain hopeful that SA has given himself a larger than acceptable pay rise because he knows what is just around the corner.
Watching and listening to SA I would say is a man who is extremely confident on where his company are going. He comes across as someone with knowledge that in the not too distant future he will be part of something that MAY be explosive in the medical and therefore financial sense of things. I like most others who have held on for (me) the best part of 4 years may be rewarded for our patience. I have felt that SA hasn’t wanted to take part in an interview for the best part of this year due to the fact that there was nothing he could say that would of stopped the share from sliding. TW sums it up very well with the statement that this has the POTENTIAL to be many times higher than it is now. Let’s hope so ……
I see the market is red today however surprised to see this price down 5% seeing 4x more buying than selling. There’s bound to be a reason and I guess this will finish close to where it was last night. I have given up thinking where this finishes on a daily basis and just hope it comes to fruition in the end.
Fjones40, have read back my post and I can see that you could accuse me of deramping, I can honestly say that this could not be further from the truth and I’m still in the “hopefully” positive group. However I’ve certainly become more realistic about the company. I’m not too concerned about the exaggerated claims that were made about sales figures a year ago and have put it down as positive spinning by the CEO about his company and it didn’t come off. In fact on the drop doubled my holding at 17p and I’m glad I did. However I did expect more news to be released over the last 6 months that would have pushed this share to a better price. I realise we are beholden to Croda and the distribution company buy has been talked about for only 3 months, short term in business time. But it still seems to be dragging its heels from a company with great potential. Hopefully this shows me as an investor with his fingers still crossed ( just a bit impatient)