The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Strictly - I doubt many of us on here appreciate that kind of dim, wind-up post in a Sunday when all looking v positive going forward.
on HL i got 120/122. bid now up fractionally to 120.55
ryan - or more positively, lets hope that those faster ethics reviews and approvals get trials moving quicker and benefits to patients sooner. ORPH is very well placed to contribute.
holdlong - thanks for sharing this. just shows how much is going on at the moment in ORPH and what a range of opportunities lie ahead. Very much looking forward to seeing in what way ORPH is going to be '.. in a very, very different place..' some time this week or next. If the Poolbeg spin off is anything to go by, the others coming soon are going to be humdingers! GLA
this is looking really good. well planned coverage and new CEO who really knows what he's doing. exciting times!
Earache - you not happy with progress in last 18 months? You sold and trying to get back cheaper? You don't think it's gonna be very good from here in 18 months time?
charlie - I understand what you're saying. for me its not about trying to second guess exactly when things are going to happen, or precise short term valuations as each spin-off occurs or dissection of CF's every utterance. Where do you think total valuation will be in 18 months / 2 years? I reckon at least 3x current level, all-in. Which I'll be very happy with.
But actually I doubt very much whether core ORPH will be here by then. I fully expect it to be bought out, possibly even during 2021 once arrangements are in place for all spin offs. In my view the longer a suitor for core ORPH waits the more they're going to have to pay for it - as the businesses become further established, growing customer base, contracts won, facilities expand, new products and services launched, profitability becomes larger and clearer etc etc - so I'm expecting something sooner rather than later, and I trust CF to negotiate a good deal.
so much whining and questioning company and management after a very good presentation yesterday eve, investor questions answered, 10% rise in sp today, we're leaders in multiple fields with dynamic and committed leadership, great communication, cash generating and profitable, clear plan to deliver exceptional shareholder value and everything going for us looking forward. what's wrong with you people?
In my view the valuation of the core business will be significantly affected by the likelihood of it being bought out, minus the spin-offs. IMHO that likelihood is increasing by the day. In the right hands, and with a long term view, the core business could be worth a huge amount of money to the right organisation, far more than the 50-60p / share being bandied about at the moment.
CF at 50:28 in last night's presentation: '...between now and the next couple of weeks we'll all be in a very different place, that's all I can say ...'
poolbeg leadership - is there something of the adrian dunbar about jeremy skillington? jesus, mary, joseph and the wee donkey ...
Bronx - you know full well that DIM is the huge store of detailed clinical data describing the progression of disease which is unique, entirely owned by ORPH, accumulated over many years, still being added to, with multiple potential applications, which ORPH is intending to licence - possibly through a spin off. No idea why you are being so obtuse.
Padrock - true colours, what a ****
excellent post jigger, thank you
no its not. its an intention to provide a cash dividend to shareholders by Dec21
Financial results to Dec20. Seems fine to me. Got all costs of mergers, turnarounds etc out of the way last year, dealt with, done, now in the past. Operations profitable from Q4. Over £15m in the bank end May. All parts of business now firing on all cylinders. Very optimistic for 2021 and beyond. Spin-outs progressing well, and details on Poolbeg today looking very strong, including v interesting looking CEO. Exciting times ahead.
pdp - looks like the angels may now be with us! Could these bits be significant:
... it is anticipated that this may push the pit deeper and convert the current underground mineral resource, beneath the pit, into an open pit mineral resource.
... Beneath La India open pit there is an underground Mineral Resource of 678kt at 4.9g/t gold for 107k oz gold in the Indicated Category and 1,116kt at 5.6g/t gold for 209k oz gold in the Inferred Category".
If that lot, or a significant proportion gets included in the open pit where costs of extraction would be lower that would be a boost to the programme's economics.
Add to that an update to pog used in calculations (which we've all been asking for for years ...)
well earned in my view. please give it a rest now padrock - the whole world knows what you think
The govt has questions to answer. Top of my list:
- they chose to use the innova test for people without symptoms - it was designed only for people with symptoms for up to 5 days
- innova test approved for professional use only - govt own scientists advised unfit for self use
- govt listed Department of Health as 'manufacturer' of the product so that it could get around own MHRA approval process and designate the above flexible use (i.e. for a-symptomic, self-use)
- all the evidence is that the device is nowhere near as effective as Innova falsely claim; US FDA has seen through it, why didn't we (despite the relentless approvals process which UK firms have been subjected to)
Essential that use of LFTs overall not rubbished just because of Innova scandal. LFTs are the most affordable, practical solution to continued mass testing needs.
AVCT-based LFT is the right test at the right time (sooner would have been better but govt over-committed to Innova). Govt can save some face by now quickly getting massive contracts in place for AVCT-based test, supported by manufacturing and distribution, hopefully by other UK firms incl. ABDX, ODX ... Could be launch pad for the world leading diagnostics industry Johnson committed to ..
https://www.dailymail.co.uk/news/article-9127345/UK-coronavirus-Department-Health-rebranding-professional-use-kit-self-test.html
I won't. Core company is also gonna be massive.