The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Regardless of what we can guess / assume, the market was due an update in Jan and RLD failed to deliver. guess we will just have to wait and see, who knows when it will arrive! although I think we can agree that Q1 will be much more interesting :) with the auction in Singapore happening towards the end of march if I am correct? gla
Very excited to see what happens this year for RLD! This, in my opinion, is one of the most de-risked stocks on aim with the "cash in hand" and value of equipment / land close exceeding the market cap. Topped up with another 75k shares. Now we just need to wait and see what kind of price we will get pc for our higher quality gems. $10pc & over 1m carats mined in 2016 would be very nice for the SP
would love to add, but there are a few other stocks grabbing my attention at the minute. I know it sucks for most of you folk, but I would love to see this stay flat or even drop until the end of DEC / JAN until I can add to my stake. Think everyone is feeling positive about this company, Although people say they added yet I only see sells on todays trade?
Nice bit of news in the RNS this morning, although the price of $1.34PC isn't getting anyone too excited :) Looking forward to seeing the results of the first "high quality" sale of stones during Q1, and great to see that they have smashed the Q4 production target of 250k carats in stones above 4mm, maybe we can end the year out with 300-325k @ $10+ PC. One thing I would love to know is the cost price PC during this period. LuckyLuciano, where have you got your figures of $3 per gem?
Seen an article about NHS spending earlier as well, could see a nice reaction from the market tomorrow? Maybe this is rock bottom, who the fk knows really :) Although I'm not sure how much more revenue we could expect to get out of the NHS, does anyone know the pricing structure for Evolve (think that's what its called). One off payments or regular / subscription type?
Yep, agreed! I shopped around for a few mining companies in diamonds / precious stones etc. To be fair to gemfields, they have come a very long way in the past 6 years but I wouldn't invest at the current SP, the fundamentals just aren't good enough. However, I think it shows the potential market cap of successful companies in this sector. After window shopping and a bit of research, I invested in GEMD & RLD. Sapphire prices on the up (although a bit of a dip recently) Production on the up Hopefully the SP will follow soon :) Gla
I'm not surprised at all tbh, the fundamentals just didn't seem like anywhere near enough to justify the MCAP, even for a tech company. The reason I sold was purely based on the fundamentals, everything else seems to be very positive. Im not sure what way the price will swing, but I think if we see another 8-10% drop tomorrow it will lead to a lot of "original" investors selling out before they make a loss. I think 180p is a reasonable price to expect this week, and if I see it I will immediately start to buy :) gla
yes I still think this will be a highly profitable company, especially when the products gain some momentum across the water. Sitting this one out for a few days, I fear tomorrows losses will be worse and we could see the price back at the IPO
Hey all Bought in at 3p Last week as a relatively long term investment. Looking forward to seeing how everything pans out next year! I don't think mining / production will be any issue, as you guys have said before, RLD have a lot of experience in this field through the mine in Tanzania etc. my main concern is in regards to sales and marketing. RLD is getting around 200 searches on google a month, pretty bad imo, a majority are probably potential investors researching the company. Considering the USP for this stock, for me, was direct sales and that's something that really needs built on. Very poor performance on search engines for anything related to sapphires, AUS sapphires & sapphire jewellery. I can see these guys needing to sell wholesale in order to get rid of excess inventory, therefore taking a hit in profits. time will tell, gla
yes the comparison isn't particularly relevant considering GEMD is a cyclical & priced as such, but the fundamentals should always be the main contributing factor to the SP? and again, imo, the fundamentals of Kainos do not accurately reflect the price of the stock / MCAP in anyway. Growth rate is an estimate and difficult to predict, and the "growth premium" added to this SP seems to be way off. not trying to contradict, more opinions on this the better. I think I was expecting a much larger balance sheet :) I bought in around 216 & sold out today. If this falls closer to the 200 mark I would consider buying back in
Im not sure why people are confused about the SP drop. just to put it into prospective, im going to compare the numbers to GEMD, another one of my investments. Firstly, Kainos market cap is a whopping 300mill which imo is highly overpriced for a company with an annual revenue of 60-70m p/a & a pre tax profit of 10-12m. On top of that you have net asset in the region of 18-20m. How this adds up to a market cap of 300m, I simply don't know. Obviously Kainos is priced for growth, but at this rate it would surely take the company a number of years to catch up with the current SP. Maybe somebody can shed some light on this & hopefully prove me wrong! just to put it into perspective, I will give some quick details on GEMD. Current Market cap for GEMD = 100m Revenue - 178m GBP Pre Tax Profit - 61m GBP Net assets - 240m GBP easily 5-6 times the profit / asset value for a third of the price. its safe to say, Kainos SP confuses me.