The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
And you recently bought in to Bens Creek at 45p (down over 10% already) which
- has no financial results
- strapped for cash
- debt on the balance sheet
- major shareholder dumped 100% of holding
- very opaque information flow
- market for its coal deteriorating
Snuffed itself out ?? When was that?!
But much more contagious than Flu
Stt1 - how often do TLY advise the market of their cash position??
Not exactly correct Profit - they have published revenue figures (76% growth ) and an EBITDA turnaround of £9m . They have also guided the market for this years Revenue and EBITDA range - have you not been listening??
I will email Cathal - I am sure he know but it’s worth an email just in case (he’s currently on holiday)
I did research Seek (they’re actually a Company call Peptcell and they are not in great financial shape. They took out a Covid loan of £2m which is repayable in Sept. The Bank has a charge over all its assets (mainly intangible) so they may need to monetise the asset before it gets liquidated which may give Orph the chance to get the 51% cheaply. (Of course my info is from Companies House which is not right up to date)
Great summary - many thanks Sportstrader
Margins will automatically improve as revenue grows
Scaleability - +76% last year - further +25% this year
Cash position is going??? - pure guess
Somebody been adding big volume don’t see it your way Bob
Poolbeg shares now in IG
Moni - lacking any humour (did he / she ever have any?)
Do you think that in 2 years any of these will have happened
- Orph back above 30p
- Mo and Skilli will have actually bought
- IG will have allocated Poolbeg shares
- None of the above
Doesn’t Bobby have anything else to say other than his repetitive twaddle
Net of cash we are around 8p (£50 million ish) which is bizarre considering our growth rate. If spin outs look likely in Q4 I see a steady rise in Orph to the year end and beyond (May still be choppy in the very short term though)
There’s definitely a seller offloading in 50k and 100k lumps (and has been for some time)
Investing is tough Bob and a backbone is needed so maybe it doesn’t suit you
Bought most of mine at 5.7p Bob so not in whining mode like you
Still here Bob - great buying opportunity, it’s time you topped up and averaged down
Another 250k sold by our regular seller and the price hasn’t moved - a good sign for a rebound (which the seller will miss out on - ha)