The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
i think they just carry their losses and probably sell winners to pay off loosers in the hope they average out in profit. i note dark shorts (i don’t hold) opened a few days before a nod was announced and the sp went up 16%! ouch!
they do get them wrong! but like here shorting at the bottom of the chart with sales volumes coming through and hedged production has proven to be an absolute howler!
but what an opportunity it’s been for some and still is imo!
no reason why this can’t follow the other side of the ‘bathtub curve’ back up now. improved margins can have an exponential impact of the sp. you only have to look how commodity stocks like gold, copper, cobalt etc react to improved prices to see that.
i think we will make our way back to £15 here which is the start of the decline and gave a false top in november before the sp steeply fell.
i topped up at 1091 to hold and some at around 1083 in another account to trade. i am pretty confident this will claw back to £15 and go way higher over the next two years (************* interview) when the abs’s close as that cashflow from longer life assets will be free of debt payments. the market will then appreciate the full cycle of rusty’s amortisation model.
usual caveats
trek
Lol wrong one!
Trek
Positive AGM feedback….
H.E. Mr. Tariq Abdulraheem Al Hosani, Chairman of the Board, expressed his enthusiasm about the company's trajectory, "This inaugural AGM not only reflects our commitment to transparency and governance but also celebrates our successful transition from a privately held company to a publicly listed entity on the Abu Dhabi Stock Exchange. This strategic move is a testament to our solid foundation and forward-looking approach, positioning us to further capitalize on growth opportunities and enhance shareholder value."
Mr. Seyed Mohammad Alizadehfard (Bijan), Co-founder & Group CEO, commented on the company's future, "2023 was a transformative year for Phoenix Group, underscored by our robust financial results and strategic expansions. As we continue to adapt and innovate within the dynamic tech landscape, our focus is on leveraging cutting-edge technology to enhance our product offerings in order to ensure we remain at the forefront of the industry. Our goal for the coming years is not just to keep pace with the industry but to set the standards that others aspire to reach."
Looking forward, Phoenix Group is poised for continued growth in 2024. With a robust core business, strategic partnerships, and a favorable market outlook, especially in the crypto sector, the company is well-positioned to capitalize on emerging opportunities in a dynamic economic landscape.
Shareholders and the market can expect more positive developments in the coming months as Phoenix Group aims to reach new heights and expand its market presence.
https://www.zawya.com/en/press-release/companies-news/phoenix-group-plc-announces-outstanding-2023-financial-results-and-strategic-milestones-at-inaugural-agm-ho2mbtsg/
Trek
Cracking news at mast today. Real revs tiny mcap.
Usual caveats
Trek
Well done broomtree!
Not only that I am sure I can smell something burning!
As well as pants on fire! lol!
Trek
Should get q1 activities update next week , prob Thursday. If not defo following week.
Usual caveats
Trek
It’s why I held pxc, porphyry deposit in USA. But no point if they have run out of cash!
Once they get finance sorted that’s time to buy imo or you could have a foot in the door to build from. But I expect an equity raise ahead of bond financing.
Fab geo though, huge! Copper, gold, silver, moly etc
Usual caveats
Trek
Good timing guys! Note on cnbc today the market narrative is changing to oversold following the US GDP figs. Expectancy is still one cut though probably September.
I think earlier with elections in US and for UK. Get some life back into the housing markets especially at home!
Still what do we know eh. We just seem to be lucky!
Usual caveats
Kylie!
Sorry here’s the link.
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
Trek
Management option lives. These were in the prospectus part 6 para 6 and 11, or page 310 and page 315.
Not rich by usual director standards. Must be expecting the price to go up! lol!
Usual caveats
Trek
“When’s the next divi?“
It’s not Ben announced yet date wise albeit they declared their intent for 3years divi’s.
Next xd will be 23rd or 30th May at a guess.
Gives the shorters plenty of time to find some funds if they intend to hold. Lol!
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Trek
Q1 results will be out Monday 29th April.
Seems like yesterday but it’s a year since the smear campaign court case! A well deserved gong for SEPL pioneering in country governance! Sets the divestment foundations perfectly!
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Trek
5.65% short and Jupiter just come in buying 5% .
So pretty much all the short sells other than adage are out of money. I expect more insti’s to buy as Dec get index listing.
Still Jupiter have listed their phone numbers if anyone needs to give them a bell to loan some stock! lol!
Oh and don’t forget next xd to pay for!
I wonder who will buckle first and buy back stock. But remember shorts don’t have to close but you have to pay the cost of holding them!
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Kylie!
“ Roadside now expects to publish its results by 30 April 2024, after which the Company expects its suspension from trading will be lifted.”
They have a director on compassionate leave.
Trek
Good news is JPM and Bridgwater have burnt some stock and the SP is now higher. Again! lol!
Must try harder!
Ps don’t know if anyone here has SEPL as well. Another good quarterly payer on same sector as DEC. Xd today and sp is higher after divi!
Usual caveats.
Trek
I mean 100k + round number sells.
Trek
Over 1.5m of indicative sells today. Surely getting there. I think the sp will leap up when the 10m clears.
I mean we have racked up way more than 10m in indicative sales now. Surely the Hereford concert party are out by now or as near as but I don’t get why no TR1’s unless it’s because it’s been prior announced. Full 1% and Eve the 5% had plenty of chance to flip.
Gosh I will be posting a TR1 at this rate! lol!
Usual caveats
Trek
They will produce but atm imo they need a finance bridge, get a few million away in equity which really is no big deal, only 15% dilution at 11.5p again whilst the sp is up. That’ll see them over the repayments until the bonds then permits clear. The market may actually react positively to the removal of some uncertainty.
Usual caveats
Trek
I was in chf, very bulshy management team, full on themselves….delivered zilch!
Cyprus (VMS) and Canada known producing region but arze end of nowhere. Burned cash reloaded and burnt it again. From 15p to 0.5p!
I got out around evens having flogged some on the rise. But I remember buying back in as a trade and timed a bounce but couldn’t sell as no buyers even though the MM’s had moved the stock price well up, probably to sell what they had!
So ended up having to take best which wasn’t pretty.
Anyways they have again promised to deliver significant shareholder value = you pay for nice hotels and helicopter trips to the great outdoors! Avoid!
Usual caveats
Trek
Gong!
“ Seplat Energy, which is Nigeria’s leading indigenous energy player, was recognised for its effective corporate governance framework and corporate governance standards.
Seplat Energy also got recognition for its exponential growth for the period, which had translated into the creation of significant shareholder value and national wealth.
Energy Times is a leading weekly newspaper based in Lagos, Nigeria, focusing on oil, gas, power, maritime and renewable energy reportage.“
https://blueprint.ng/seplat-energy-emerges-energy-times-corporate-governance-company-of-the-year/
It’s sure has been a long wait be we have been well paid to wait!
Trek