The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yeah, not great to see this move down further after waiting so patiently. relieved the results were positive although was not aware of the previous overdrawn cash account. Perhaps that impacted. Wonder where to next.
What a pity the MMs decided to this up at 33.75 this morning. Only one small sell as a result. Hope this will recover soon.
how did you find out about the suspension? Has it been announced?
Yes I am still a holder here from the Cupid days. Managed to average down to about 50p so the recent rise has been great news. Good to hear from you and fingers crossed we recover our losses!
Hope so!
Unexpected. Can't see much good here.
what's causing the slump?
Have you guys also seen the Cupid.com google ad on here? Looks nice and inviting... fingers crossed the campaign works.
Not an expert on these things at all - do they source these shares out of the shares they've been holding onto following the casual disposal? And - how long does he have to execute at this price level? So if he executes this option down the line when the price has recovered, it's a loss to us as shareholders as cupid is selling cheaply? wow. and this is only Phil, what about Niall and the rest of management? hope there's not more to follow..
not sure if you were aware of this.. https://www.youtube.com/watch?v=fsJtyfBMTms&feature=youtu.be
Hopefully we'll see an RNS soon to explain all these share movements
think shorts were closed on 22 April already
interesting - I can't read this.... some very chunky sells and the price holding so can only guess we have a big buyer. Just can't tell how big...
I have not topped up here at all. I am tempted as shorts ought to close at these levels to take us back to 50p before ex-div. My current holding is 20,000 shares@84p when the sale of the casual business was announced last year. I was hoping to do a quick trade and did not intend to be a long term holder. I had long positions here before then.
I hope we get a news article on why toscafund has decided to sell up. They have taken a definite hit here. They started to buy in at around 80p and topped up since but don't expect there average was lower than 60p. And not sure what others' views are but their sale here is surely responsible for the drop below 60p?? I can only speculate that they were confident they could make a better/faster return on their funds elsewhere and was worth taking the hit. Otherwise they could have sold off slowly. At 43p, the market cap is now £30mil, which includes cash of £12m, crazy. And profits due again in H2.
wow and £12mil cash end 2013. Would not have thought this price level is justified but it's the institutional investors at work here. No PIs getting spooked like we did in the last drop to these levels. interesting. hope we see an RNS soon explaining the big sells.
at least we know there is support at 50p. Wonder who the big seller was.
Positives 1. Year on year revenues for continuing business are maintained - despite more competition. This must mean CUP is managing to stand their ground despite all the competition. 2. Reduced churn - I see this as a big positive 3. Maintained the divi 4. They have not squandered the cash Negatives 1. More competiton so a tougher market, however market itself is growing 2. Suggestions that they will be focused broader than just online dating - may be good but I see it as extra risk All in all - I am hoping shorters will lose interest and close their positions over the next 2 months leading up to the ex div date and we'll see the price hold above 60p. For me this is long term hold into 2016. The fact that we have such big holdings from hedge funds gives me hope that at least the institutional investors that's able to speak to management and influence is satisfied there is a future.
nice rise!! Some very enthusiastic buying :)