The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Agreed - and it continues down. Dearth of news is never a good sign. Interesting though that the large holders seem to have almost all increased their holdings this year. At this level, or when it seems to turn, it may even be worth a small top up. IF.......!
Thank you W13Ken. I looked just before lunch and saw no responses, then saw these just now after pulling the trigger! 298.68 if I remember right. Certainly 298p - to buy. Also hopeful re the interims. And that they seem to have replaced a competitor in April bodes well, when there is such a big space to expand into anyway.
I'm interested to come in here, the prospects look very strong.
But it does look expensive, and I am confused by the buying action - or lack of action. I can't see a single buy since the 16th, and a fair number of sells. So
1. With so few buys do those who know this share think some of these sells are in fact buys? The published spread is very small, so it might be confusing the issue. And
2. Is it as expensive as it looks? I'm no accountant.
Thanks, if anyone has the time.
Great to see the new products are now in the testing phase – and also this increased ability to detect dark vessels. I know little about it, but can imagine that would be very attractive to many countries in the present environment.
At least they have the cash available to weather storms, as well as being just about in profit.
……and the share price falls.
So is it all priced in? I find that hard to believe, given that the share price is little more than it was five years ago and all the other measures are immensely different.
Sir Humphrey was right last August: it was a "brave decision". Having sold half at 1035 it's now 1465 - even in this horrible market.
It's always expensive, but it's been a great share for me and it's a pity there isn't more interest and one or two really knowledgeable people on here to (a) make some money, and (b) prop us up with really informed and experienced comment.
Topped up. Seems to have got really cheap now - as you say the poor results led to a rise. The outlook paragraph is very positive, especially the ARR at c $7m, up from $4.3 last year. These new contracts must have been good, and that's a good base to build on. Also good to see a bit of diversification arising away from the telcos. A lot depends on the next trading update.
"Outlook
· Substantial order book with a number of new contracts won since the year end, including a good level of repeat activity from change requests, and a large number of significant contracts in advanced stages of negotiation, including banks
• New customer wins for the year expected to be in double figures
• Excellent visibility over revenues for the current year, currently around $8m
• ARR now c.$7m
• New business pipeline# of c. $23m, including some $5m of non telco business"
Agreed. And given the amount of money the National Grid is going to have to spend to include renewable projects over the coming years, does anyone know of a AIM company that would be in line for that kind of work?
Unless I've missed it it's a long long time since they told us how much they actually have in the bank, and I don't see it here. When they are doing a raise at such a price they really should. Worries me. Sorry, folks.
Lots of interest to us in this:
https://www.forbes.com/sites/alanohnsman/2023/03/30/a-nordic-upstart-aims-to-leapfrog-tesla-and-other-battery-rivals-with-a-lower-cost-high-tech-cell/
Looks like the qualification plant has opened, which is good news. 24M gets a good mention, though we don’t. But having worked with 24M for years we are in a good position, I think, for all these plants.
Looks like someone went in early with a 30k share purchase, in bits. Nice. Hopefully I'm in too, though not on that scale.
I also hold Tekcapital (TEK), which is similar but with fewer holdings, and seems to me at a good price point now. [Tbh I'm longing for one of their company's products to hit the UK market (it's expanding very fast into the US food market now): microsalt is superfine ground salt that gives the same saltiness with half the amount, and nothing that isn't NaCl. My BP is waiting with bated breath and it seems to me to have huge potential. Sorry if this seems like advertising, just trying to be helpful - I don't mind suggestions, esp on a quiet board. I follow good people. I got told off once for mentioning Aussie Silex on the IQE board - but, goodness, it was a good buy.]