The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is all nonsense. They are running a company not a propaganda machine for day traders!
The business needs to be looked at over the medium term not 24 hours every day.
I don’t give a **** about daily news or reporting we have sold some kit to Honduras. Investors need to see the bigger picture and get their thrills from day trading platforms.
Nothing has changed. This is a great business.
I think a Divi is not such a bad idea. The cash pile need to either be used to drive value through investment or acquisition or returned to shareholders. It’s encouraging to see the heads being added but that is also building overhead which I don’t necessarily like without knowing the sales growth that is driving it!
Doing the right thing at the right time is a very political answer. Means nothing of course. We all need to get our heads around it. The NHS needs to get their heads around it too. Three weeks for GP appointments is inexcusable!
Troublesome
I think we need to start working out how we get out of lockdown. We can’t eliminate Covid. We have to live with it. Every week in lockdown is a nail in the coffin for more businesses. I also believe the non Covid health and social consequences of lock downs will dwarf the deaths we are seeing from Covid. There is a danger we are becoming a national Covid service. The Covid evangelists will never be happy, they would keep us locked down with 1 infection!
So, let’s get to a number that is acceptable. Accept we have to live with this just like flu and start to understand the non Covid consequences of our actions. The mental health impact alone on our youngsters is scary. I hope Boris stops listening to the boffins and grows a pair and gets us open in the next 4 weeks!
Just read the interview which reminded me of a politician answering questions. Very circumspect and conservative. However, I’d rather that than froth and hot air. PR is a very refined skill and our company is in need of honing this.
Will continue to drift I guess whilst we await material news and not sound bites. It will come I am sure.
Porky and VanV
Having worked in a FTSE 250 business with an Ebit of around 60m euros the business was very acquisitive. We always looked for 20 per cent return on capital employed. With no gearing and so much money to play with I suspect we will see a series of acquisitions. I think the USA is going to be favourite as this market dwarves every other market in the world.
If GM is wise we will be mid cap in no time!
I guess if you keep calling a stock down you will be right at least once in a while. It’s all about direction of travel. Diagnostics and Covid testing will be huge for years. NVCT are building a broad portfolio of testing have a profitable business and aspirations for mid cap status. Not too many stories out there that match up to this. I think this share has matured and probably not a typical day trader or speculators share. More of a medium to long term hold where value will be built. There will be other shares with massive fluctuations where money will be made and also lost so be careful is my advice.
Best wishes to you chasing rainbows. I’m going to stick with bricks and mortar.
It’s interesting how many posters are will the GM to pump our messages and news flow to pump up the news flow. I don’t really expect this nor seek it. The share price fall is not rational but indicative of an aim share play. Once NVCT move from this market to the FTSE 350 for example the enhanced governance will help avoid the clamour for such share price management. NVCT don’t need a high share price to execute their plan. They are not looking to issue more shares to raise funds as they have all the cash they need. I think the GM is confident the SP will reflect more fully fair value as the business plan in executed.
My fellow investors just need to look further down the road. This will be a positive story again.
Just read the thread here. Suggest we get back to topic of testing. This is a great BB and I think the candour is one of its strengths. I’m very heavily invested here and currently well under water. The fundamentals have not changed, the business is making good money and a few good news flows will soon change the mood and trajectory. The increase in headcount and overhead has been done for a reason. I remind myself my losses are currently paper only and things can change very quickly.
Keep the faith and keep the debate going.
None of the doomsayers and negative posts ever offer an alternative. I have repeatedly asked which Covid stocks are you backing and why? The silence is deafening and the meaning is clear. These are shorters nothing more nothing less. I have just posted about a company being bought in the Pharma sector for 5.3bn pounds with significant debt and not yet in profit. Trust me by any measure this is a good share to be in.
GW Pharma just been sold for 5.3 bn pounds. Last annual sales were £385m but very small profit if any. Just shows you the headroom in NVCT.
Jazz Pharma made the acquisition. Two cannabis based drugs were the lure I believe.
Not necessarily apples with apples but.......
Seae
An opportunity again to gain some credibility. So, you are not in to NVCT. Which Covid stock are you backing and why? If you ignore this again you are outed as a Clown.
Have a shot at the title and I am genuinely interested in your thinking. I may be convince! Over to you....
Porky, nearly all serious investors can sniff out the shorters. Most investors here are very well informed and it really is a great BB to be part of.
I find the posts amusing. They never divulge where their money is because we could in all likelihood drive buses through their thinking. Keep posting. I appreciate your thinking.
Infections were down which is good but the deaths were horrendously high. Of course we will not know the true mortality rate until we look back and analyse the true deaths attributable to Covid and the above normal death rate.
Terrible all the same and many of our friends across the world are being hit just as hard.