Open Orphan Share Discussion Threads

[klosters65] 20/6/2022 13:09

I only spread bet. I have a reasonable large holding off ORPH. There's nothing wrong with Spreadbetting but you do have to understand it. I increase my holding as a share is going up. The challenge is to be brutal in selling a larger percentage of one's position than you think necessarywhen a share is in a downward trend.

[chica1] 20/6/2022 12:49

Sayonara 👋

At least you admit your limitations.

[m5] 20/6/2022 12:34

Of course there are if you are spread betting. You are just a gob fella with not a lot to say, and shouting it too loud and too often. You are right I have called it wrong on numerous occasions, but unfortunately when you have persistant selling it can blow TA out of the water. What it has brought home to me in a big way is calling bottons can be painful and dont fight the trend.
Anyway I will leave you to talk to yourself, again.

[m5] 20/6/2022 12:16

chica1 17 Jun '22 - 14:33 - 4370 of 4377

I said we are looking at a double botton scenario and we are there now.Market is shagged at the moment, plenty of people with margin calls so liquidity has all but stopped. Anyway think whatever you like I don't give a monkeys fella.

[chica1] 20/6/2022 12:08

There should have be some resistance at 11p.Alot of money was raised there,but volume is anemic and MM's just keep dropping the price waiting for the next 50k,100k to hit.
We're dropping like the dodgy Crypto's and it's concerning.

[chica1] 20/6/2022 11:49

Shocking can't even get a bounce on a up days or positive RNS's.
Whoever is selling (and its probably TR) has told the broker to liquidate at any level.
If Richardson had 18 million shares it would have been much more effective to buy them for £2.5 millions rather than suffering this share price destruction.
Personally I thought this part and parcel of what our Mr.Friel does.I thought he was a wheeler dealer financier,that cuts deals behind the scenes (not the face of the company as a CEO).6 months ago 2.5 million would have been a doddle to raise,NOT SO TODAY.

[klosters65] 19/6/2022 09:44

Well done. Bit of humour much needed.

[jeanesy] 18/6/2022 13:12

New lows reached .This is going sub 10p by the look of things!

[ironman22] 17/6/2022 22:52

Skwas1 unfortunately it's highly unlikely this will recover for a long time in the current climate. The company made a loss in 2021 and investors are selling riskier stocks like OO in favour of safer havens. Even if it swings to a net profit in 2022 those results won't be out until June 2023 and even AIM companies currently already making a decent profit are significantly down in this climate.

[king suarez] 17/6/2022 17:20

Perhaps to some degree, but:

Employee benefit expense (note 10)

£15,897k 2021

£15,240k 2020


Revenue, from contracts with customers:

£36,864k 2021

£20,602k 2020

Suggests most of the additional cost from increasing turnover is currently coming from the direct contract work itself i.e volunteers and the agency/contractors fees. See Note 6 in the accounts - expenses by analysis. Total project costs were up £7m vs revenue up £16m in year - hence the large swing in EBITDA.

Key is keeping the clinics full to fully utilise the fixed overheads. We've seen contract values going up and my post 3888 indicates margins are also rising.

[nobbygnome] 17/6/2022 17:11

I see where you are coming from but this is a people business so as they win more contracts they will have to take on more relatively highly paid staff. Hence the fixed costs will go up....

[king suarez] 17/6/2022 17:08

See my post 3888..

[nobbygnome] 17/6/2022 17:06

I would love to know why you think this is not at fair value. The company is essentially a CRO with low margins so should not be on a Pharma type rating. Ho hum.....

[manc10] 17/6/2022 16:59

SHAREHOLDERS AS OF 31 MAY 2022

[allenquatermain] 17/6/2022 16:40

At least the share price is doubling ever 6 months … oh wait !!

BWAHAHAHA

[king suarez] 17/6/2022 16:37

Once the last seller has finally capitulated and taken their losses, the shares will recover, because the fundamentals are rapidly improving and the company is in a sound financial position (significant net cash) so not going under. This will be reflected in a larger market cap one day.

Until that time, people will continue to post; bemoaning CF and his promises of riches, Mo and his lack of ramping the business/spinoffs, each other, 'the market', the 'market makers', the ex-director(s) selling, the share price, and the general unfairness of it all and how we should be granted a time machine to sell at 45p to avoid all the emotional distress of losing money.

It needs all unhappy holders to finally reach their capitulation point, and sell out as they cannot bear it anymore. THEN, and only then, will we begin the (likely) 'steadier' climb back towards reasonable fair value - backed up by increasing EBITDA and profitability evidenced in each financial report as the order book is converted to profitable contracts and ultimately to cold hard cash, which should eventually come to us in dividends and/or a company buyout.

Whether that is in 6 months, 12 months, or more, is pure guesswork.

[digger2779] 17/6/2022 16:34

Yeah only about 1.5 million quids worth. No fuss there then.



Skwas117 Jun '22 - 16:30 - 4077 of 4078 - unfortunately can't see it reversing anytime soon especially now. If, these contract wins do nothing then what will? I'm in the same boat 65% down now and am hoping that someone takes us out .

[skwas1] 17/6/2022 16:30

Does anyone have any faith that this will actually recover in the current environment? Currently sitting on a 60% loss and wondering whether to bail out now. I have lost all faith and just can’t see what will help the share price in the next 12months or so.

[gregb] 17/6/2022 16:20

m5, I had exactly the same thought when someone on the Telegram group said yesterday that he had approx 13.5 mil left. Dunno what the fuss is all about.

[m5] 17/6/2022 15:43

To be honest that sort of number should be absorbed pretty quickly.

Cheers.

[marvelman] 17/6/2022 15:35

I had a number of 16 million in my head Brian..I need to trawl through and verify

[brianp14] 17/6/2022 15:26

Was 17m mentioned last year?

[kpe] 17/6/2022 14:52

Nothing seems to stop the drop. Why give the seller an opportunity to sell into a rising share price.