The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wow, hit the 50dayMA (812)and plummeted. In a real death grip, will come to an end, but when?
They needed to have put the dividend up by more than they did. The share is neither a growth share or income share….. “Falling through the crack in the payment”.
Getting slightly uneasy, as this continues to fall, prior to tomorrow. The markets expectations seem very low. Going to go either way, another poor one & I am not sure what would stop the continuous slide. On the other hand, 10% rebound would also not be out of the question, if the results are good & they raise the dividend.
Nail biting stuff.
All the best whatever your position is on this.
Pivotal day?
If we hold this sp, the daily sp will be above the 50day moving average………first time since June….when we were at 35p.
IMO that should be the base established.
Long way “home”, but a good day, non the less.
Enjoy
Sadly this is life in the third tier of shares. Its even worse in AIM. The ftse250 seems like heaven.
Until we have the financial update in a few weeks, this will be all over the place. Regardless of what is happening in the ftse 100… that market has no real influence, down here in the darkness…..
Just picking up on JG’s investor relations post:
I wonder, as a parting gift, the chairman throws in a 1:1 rights issue to clear the debt???
Explain the drift, no BOD buying, reluctance to tell the world everything is okay…..
Imagine going out to dinner with AIM.
When the menu arrives- “its expensive, when bill arrives, you’ll loose money”
When starter comes, “the main course will be worse than the starter.
The main, “ the ice cream is going to melt away before your eyes”
Desert, “the coffee will taste like oil”
Coffee” the taxi will either not arrive, take you in the wrong direction or throw you out halfway home”
You just have to love AIM- by 0818, we are doomed for the day!!!!
There is no volume to speak of now. So IMO we have entered the doldrums, without a breeze of news filling the sails. New contract, disposal, Data fine news or Director purchase. If none of those arrive, trading update is around November??? Slow-go without news…
Bound to be some “heat in the kitchen”, after 7 days of brutal falls.
Last time this happened, it took 8/9 weeks to return to 25.
My prediction, by Halloween, the horror will be abating…. 24/25p.
Patience needed, but it will recover in time.
Hopefully the board members can meet up for a pint !
Well i am topping up…. 35% fall since results is overdone, especially after the decline prior to results.
The companies fundamentals have not changed, so its a no brainer.
Whats lacking brains, IMO, is the board. They are getting towards RATNER status. They have a responsibility, not only to run the company, but to manage its perception.
Sadly, its like a chimpanzee trying be an art dealer.
Fundamentals have not changed, therefore my opinion has not changed, this s.p will be seen at unbelievably low… won’t be seen again.
Upto you good-selves, but if you don’t desperately need the money, IMO don’t sell.
Switch off the phone & come back in a months time.
For what its worth, I have asked myself one question. “In the next 6 months will this share get to 24p” my answer was yes, that’ll be 20%+ - great RCE.
All will be well, patience required by some on here.
But it will come right…. :)