Open Orphan Share Discussion Threads

[stubowl1] 07/6/2022 08:33

Thanks Scotty, every days a school day. ?

[cottoner] 07/6/2022 08:32

Opportunity for Directors to purchase shares today, let's see if they take it.

[scotty1] 07/6/2022 08:29

stubowl if it was shorters closing the share price would be going up as they have to buy to close hope this helps.it's more than likely the sell on news brigade.

[brianp14] 07/6/2022 08:28

Owenga I love to know how you managed to split performance across 12 months.

[stubowl1] 07/6/2022 08:24

I'm a fairly new investor. Can someone explain in layman's terms what's happening here. I fear I will never understand these price movements. As far as I'm aware it's all good news and we're down. Is it shorters closing out? If so, who's buying their shares? Thanks in advance

[owenga] 07/6/2022 08:23

Wow, second half was worse than first half. Only made 0.9m ebidta and a loss before tax of about £1m. First half 2m ebidta and £1m profit before tax.

[owenski] 07/6/2022 08:11

Don't forget the results meeting at 1800 hrs today, a chance to submit questions -

[jeanesy] 07/6/2022 08:08

I dont understand what investors were expecting. Results were exactly what we we told to expect. Give me strength !

[inaminute] 07/6/2022 08:07

Let us see where we finish

[jeanesy] 07/6/2022 08:04

Didn't take the MM's long to move it down as more get out ?!

[troutisout] 07/6/2022 08:02

Ha ha so transparent…

[troutisout] 07/6/2022 07:58

Judi at it again!!!

You missed the trading update from 8th March then?? Course you didn't....

"Trading Update

Subject to completion of the audit, the Company expects both revenues and EBITDA to be in line with the expectation detailed at the time of the interim results. Accordingly the Company expects 2021 to be EBITDA positive with revenues of approximately GBP40m. Cash and cash equivalents as of 31 December 2021 was GBP15.6m (30 June 2021: GBP14.9m)"

[chica1] 07/6/2022 07:55

'Our cash position remain great' as per Proactive interview this morning.

That's very vague!

[toyin] 07/6/2022 07:41

Judi, dont forget we have signed another £27m of contracts since then so we should be around the £20m as of today.

[rivaldo] 07/6/2022 07:36

I note that ORPH confirm today they expect "revenues in the region of GBP50m in 2022" - this compares with Finncap's current forecast of £49.1m, and is likely to be conservative since it's been stated in the RNS.

[garth] 07/6/2022 07:36

"Order book growth of 11% to GBP46m future contracted revenue as at 31 December 2021 (2020: GBP41.6m)"


"As at 1 June 2022, Open Orphan had an order book of signed contracts worth GBP64.2m which is expected to be recognised across 2022, 2023 and 2024."

G.

[bobsworth] 07/6/2022 07:35

WOW! A £9M swing in EBITDA !!!

Now that's bl@@dy impressive especially when the 1st 6 months of 2021 were loss making.

[chica1] 07/6/2022 07:31

Judi.I think that £15.9 balance is end of Dec 2021.I assume we'll be updated of the current cash balance in the CC this evening.

[chica1] 07/6/2022 07:27

Well basically as expected.will it move the share price north,who knows.

Trading at 2 1/2 times 2021 revs and probably 2 time 22 revs it's still cheap for a company with no debt.

[judijudi] 07/6/2022 07:26

I thought we would have more cash in the bank myself
But other than that it reads well

[rafboy] 07/6/2022 07:22

These are very good results.

[molatovkid] 07/6/2022 07:13

Great results!