The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yep I suspect there will be a handful of poeple who will make an absolute killing from the SP movements.
The lucky ones will be the ones that get the timing right and so hard to guess.
This business does 130 million of annual sales and there has been alot of investment sunk into RevB and I suspect someone will fancy it if sp is allowed to get too low.
There is rightly concern ovee the companies cash flow... but a big player maybe happy to sink more money in.
Very exciting being in this. I am bit of a volatility junky lol.
I really think its worth at least 40p right now under normal buying and selling, could be less of course in the future if economic factors continue to be quite adverse though. As Jupiter own alot of this company they have had to reduce exposure to cover against further economic deterioration. All risk perception and feelings of over exposure and I dont know what they would consider to be an acceptable level of reduction for the current circumstances. We cant know if they have finished selling now or not. But i do hope they stop soon.
This day has been absolutely dreadful and created my worst ever paper loss. Really good lesson learned. Be aware of large institutional holders and specifically that they can recklessly and aggressively sell stock to 'control risk', even at eye watering losses.
This company is worth way more than the current valuation and most non institutional investors would probably hold at this price.
Its just totally non sensical .
If all these shares can transfer to pi's without yhe company being taken over in the process then there is proper value in the future I reckon from this good entry point.
This is honestly so frustrating at the trading update was not that bad.
Over £80 million wiped off the MCAP. This is 85% down in a year. Justified?
ASOS and Boohoo are both 75% down over the same period and also suffering from inflation and supply issues.
I would place this in the same group of strugglers now.
To be 75% down like those two over a year this should be around 42p in the short term. So weird justification but that is my price target as i think problems are related to macroeconomic environment and affect low margin retail based mainly online in much the same way.
Well... institutional investors pre today owned the lion share of the company. I suspect there will be a bit of flip in ownership from institutional to pi's.
This is because the shareholding is more risky now for IIs and many of these funds need to control risk within a certain tolerance. Some pi's on the otherhand are.happy to carry risk if i****ans prospect of more return longer term
My bet (and it is just that) is once there has been a bit of shift in ownership to pi's. This SP should recover quite a bit. These issues are regarded as temporary, but you never can predict the future I know. This will just be a risky hold.
For those shareholders experiencing massive losses on paper today. I feel sorry you and hope this recovers longer term.
On bright side oil price has been going down recently and that was one of the drivers of inflation. In addition supply issues should resolve i hope.
GLA.
I have taken a punt on this as this drop certainly seems quite extreme. They have declared they have enough liquidity to get through the inflationary environment and will still grow single didgits. Im in also.
When the report lands when the report lands when the report lands. Same thing week in week out. Its just testing the trust of investors.
I will continue to hold but not happy with the delay. Its taking the p1ss!
Well I put out a rampy line this morning... but only because I was excited to see the RNS. We have a prove up in reserves an expectation of resource confirmation wiithing a week and Cuda is done. I absolutely hated the Cuda Saga and so relieved its over. I am a long term shareholder in it for long haul. If peeps wanna sell they wanna sell.
News expected within a week and finally.... finally we can see the back of the Cuda deal and move into a nicer period of open news flow and the prospect of value creation.
The wait has been agonising, frustrating and its been tempting to sell at times. I held strong and have endured the volatility. Hopefully will go back into the 30s or maybe into 40s and break many of us even or into profit.
lets hope the SP finally rerates to reflect the assets the company has.
Will be nice to see the cash generation from Cuda finally added to the balance sheet. Hopefull Art will buy a few more shares and hopefully over 1 billion barrels is confirmed by RS report.
Wait nearly over.
Updates still not here... RS report still not here. So frustrating.
Been expecting the report for a month now and the court process is sooooo slow.
Will be so pleased when Cuda is finally done and can move past it.
Well lucky you that is awesome to make such a large profit. Would have to have been very brave buying in at 8 as many thought it would go bust. To date Tullow is the largest realised loss I have ever endured.bought at 230 and sold at around 50. It was so shocking given its size.
That fall in 2019 was so sudden it could not really be avoided.. It was bloody aweful. Learnt alot from it.
I am very excited about COPL. Alot of potential.
Hopefully Art and his team will deliver.
ASOS 5 day falls - 35%. Boohoo 5 day loss 12.5% at time of writing.
Both have similar issues. Yet ASOS hit much harder. The difference is returns flowing back to ASOS well as Boohoo report that returns are slowing. It looks like. Could it be... will ASOS customers adapt and realise before they buy they cant afford something. It is a pain returning stuff. I think and this is only my view that returns will slow.
I have thought about this and think that either ASOS is oversold or Boohoo has not been sold enough. I think the falls should be more aligned.
All views welcome.
Its been terrible today. Just who would have thought this would happen. Especially after it started recovering to almost £ 16
I said there would be a bounce today... there has not been. Obviously a very negative consensus view despite some positives in the update.
I hope things turn around.