The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
LOL thechancers your post sums up everything wrong with AIM and these portals, no one wants to hear about made up books you claim to have read or what you have heard in the pub.
'a 3rd person to buy/sell on the rns' so the same level playing field as everyone?
Hi All, back again in my favourite stock.
Interesting in recent weeks looking at the mens section of the BOO website, a clear general price increase- i see this as a positive:
- likely due to better (more sustainable) materials
-some products are clearly signposted as recycled.
- Passing on costs!!! This is vital, given the most recent earnings. Given the sales volume and quarter by quarter growth (but recently at the expense of costs thus margins) passing on costs will be absolutely crucial, remains to be seen how this impacts sales- i presume (and hope) there will be no adverse impact on sales. I love the weekly discount codes, this may be key in passing on costs... (or at least help the cause)
The recent FBI investigation and finding will most likely lead to bitcoin being regulated, more transparency etc. IMO this is a good thing. WHY? No bitcoin ETF has been accepted by the FCA or SEC- why? Its not regulated, if it becomes regulated I see the chances of bitcoin ETFs becoming v v high and when that happens, my god, bitcoin will explode. People will be able to shield bitcoin in ISA, SIPPS etc.
Everyone knows the power of ETFS, they inflate the underlying holdings hugely, look at clean energy last year, ARK last year OIH this year (next 6 months especially)
I recall 3-4 months ago coming onto this chatroom occasionally and seeing post after post stating they were overweight ARB, but not just your typical overwieight- this was 100% of their portfolio, this was 80% of their portfolio etc etc. For those idiots, this will be a harsh lesson in diversification. Luckily for you, this will most likely come good again, such is the nature of bitcoin swings but it could easily be 12-24 months.
This BTC sell off/correction may best the best thing that happens to Arb.
Why? ARB was stuck in the mud, when BTC was up >5% it hardly moved, when up >8% again, it hardly moved. Now, we have a new influx of buyers (the dip were bought into pretty quickly, most traded stock on HL, the volume on Tuesday was insane). This reminds of me the Jan-Feb days, where it really was a leveraged return (to the upside) on BTC movements- the last 2 days have reflected this.
BTC also needed a new influx of buyers and support, it was also stuck in the mud and reached a ST top. Corrections are sometimes needed, but when they correct and you see the above, you know it puts us in good stead. One other point, BTC corrected BUT stayed above its 200 day moving average which has previously been a v v bullish signal. I am not a technical analyst, but I do like precedent- precedent tells us BTC will kick on from here. ANyway, I'm here for the long run- enjoy the ride folks.
Whats frustrating about this stock is, If you were to explain the growth rate quarter by quarter to a US analyst (who had never heard of BOO) over the past 5/10 years they would be biting your hand off to find out which company this is. Frustrating, v frustrating.
Not a holder anymore (but looking to re-enter) looking from afar:
- the profits missed expectations
- revenue in line
- US growth v positive
What will drive this higher?
- better ESG initiatives (that will ultimately tick the boxes of any fund specific ESG threshold tests)- each quarter they are improving- bonus linked to ESG iniaitves- i liked that, they previously rubbished this on the MP call.
- of course beating expectations
- BUT THE MAIN CATALYST... the smell from the kitchen clearing up. Negative press, the case in the US (this could be huge If cleared of wrongdoing)
Very bullish going forward.
For anyone below who continued to hold- well done
what is the obsession with retail investors blaming MMS for drops- 'greedy MMS' lol, bitcoin is down no rns in the world can save the share price when BTC is down. Relax, BTC is bought on dips, the most heavily tilted crypto institutions wise- relax, calma, tranquillo
Looking at taking up a position in OBC, have I missed anything material? I see nothing new rns wise nor any stupid placings, the drop today seems steep..