Give me 45 minutes mate to get it loaded up lol. Having mental connections problems at the moment. Hence why I haven't even managed to finish the above post.
Looks interesting from the Title anyway. Seeing the expert this weekend, the old man, so I can also run this past him and that will get you a much more in depth answer. Loaded 33 seconds of the video so far!
It is an interesting interview and he clearly does know his stuff. But I think overall he is just heavily critical of the way the US conduct things. They are the worlds biggest stock exchange and therefore their performance will in some way affect everyone, including him. It's no hidden fact that things are blimin tough at the moment and the USA have a lot of work to do going forward. But I couldnt see a collapse. It seems finally the world have realised you can't just spend spend spend. Take T**y Bl**r. Sorry, I class his name as a swearword, he continued to allow our debt levels to rise and it was almost as if he looked the other way, now Cameron has been tasked with the impossible mission of reducing our own debt levels while having a large portion of the country against him. I have no doubts that Labour will end up back in at the next election. Unfortunate from my point of view. But back to the interview. For someone who follows and predicts some events so well I can see why some would be very interested in Marc Fabers statements. But he has been saying statements like this for around 30 odd years ago with regards to everything collapsing. At the end of the day he is probably making more money out of this than most investors around the world. All the time to US perform badly it probably affects his profits.
I will show the video to my old man at the weekend mate. He will have some views on it. Overvalued shares have been falling for years now and overbuying has become a rarer thing now. But I will see what the old man thinks. Have a look back for some of this guys older interviews, he hasn't changed. He was going to get it right sooner or later. He's not the only one, there are a few more predicting the dollar will completely collapse this year as well. Peronsally I wouldnt be anymore concerned than I already was having seen the video, he explained what most already knew. Only being he is renowned it gets some publicity. If I had an interview and stated the exact same thing, it would be swept under the carpet. Marc Faber has a heavy involvement in the markets and if the collapse was coming he would stand to lose more than most in terms of money. Which may explain why he is so vocal about the way things are handled.
Anyway, hope that helps in some way. Will post up what the old man says when I see him.
even a broken clock is right twice a day. as a conspiracy theorist i really dont think whoever was in power would have made a difference. thats just the way it works. for those who think the political parties' agendas are different ive a got a few bridges sell. perfect for any real estate portfolio. i could go on and on about credit creation and what taxation (direct and indirect) means but dont wanna hijack ur blog all the best mate...
Plethora Solutions are a speciality pharmaceutical company who are dedicated to the development and marketing of products for both the treatment and management of urological disorders. Plethora’s mission (as per their website) is to acquire, develop and market (either by themselves or with a partner) products to bring clinical benefit to patients suffering from urological disorders. The company have stated their corporate objectives will be realised through:
1. Licensing or selling rights to Plethora’s clinical stage assets in return for milestone and royalty revenue streams
2. Building a profitable and growing, marketing and distribution subsidiary company The Urology Company whose product portfolio will be built by licensing and acquiring rights to products approved for the treatment and management of urological disorders in the UK market
The Urology Company is the marketing subsidiary of Plethora Solutions. This company was set up on the 27 August 2009 and the idea behind this is that the business will aim to work with partner companies internationally to provide healthcare professionals and patients in the UK with a comprehensive range of products for the treatment of urological disorders.
The company have a range of product already being marketed and it is thought profits are finally being seen from these products. It has a been a fairly rocky couple of years for this share in terms of both progress and profit and it looks as though stability may be restored somewhat with the next set of results due out. From an AIM market prospective they are pretty much unopposed in this area of research.
Website Information (www.Plethorasolutions.co.uk)
One big positive for PLE now is the number of products they have available on the market as this is only going help them produce profits. PLE currently have 7 different products on the market either through their subsidiary company The Urology Company PLC or through partners and they have another 10 products currently in their different production stages which could also be marketed. The biggest of these products is called PSD502 which PLE have developed as a proprietary topical agent for the treatment of Premature Ejaculation (PE)(Unbelievable – I was honestly wondering what on earth I had stumbled in to when investigating this Company – But professionalism etc). Global rights were sold to Shionogi Pharma Inc in May 2009, but PLE released some good news (for them) in September 2011 which confirmed they had obtained the rights back for the PSD502 product. Since then they have obtained a partner called Rapporteur and Co-Rapporteur to assist in the promotion of this product which is due out this year at some point. PLE have also applied to sell this product across Europe and also some Asian Countries and their statistics show that around 25-30% of men across Europe actually suffer from PE. The development and sale of this product will be key to the future interest and price of this share.
PLE also sell a drug aimed at Men who suffered from Erectile Dysfunction (ED). Their aim with this share was to find a drug that didn’t cause hazardous side effects for any of certain medication types and were unable to take other drugs to help ED, such as Viagra. And in 2005 PLE acquired exclusive North American rights to develop and market a drug called Invicorp from Senetek PLC. I don’t personally see this as a “big earner” but at least it has been marketed and any big costs in the development of this drug with be long left behind. And this leads to another product which is sold directly from Urology PLC which is called Hi-Argenaol which is a Male Health Supplement. A fairly new product on the market and one with promise.
I am not sure whether to consider this as a positive or negative, or both, but interest in this share seems very shy. Yesterday there was 1 trade made all day on PLE. And the following day a total of 3 trades were made. All 4 of these showed as “sells” on the LSE website, but I am 100% certain that 2 of these were actually buys due to the price quoted. Market Makers make it very difficult to work out whether trades are actually buys or sells. But the lack of activity and interest in this share is understandable when it’s considered how much money traders have lost who were in this share at a much bigger price than the current price of 4.13p. They aren’t a company who thrive on producing regular news and this can also be seen as another negative point. Although there does seem to be some very loyal and probably some stuck traders out there who have stuck with this share over a tough couple of years waiting for them to finally get things right.
Market Capitalisation/Profit/Cash At Bank
The Market Capitalisation for LPE is just over £8.28m, which is not massive. The company currently have just over 200 million shares in issue, which is also not a lot for a share of this size. The current PE Ratio from their latest results is -1.303. PLE were expecting to post profit for their 2010 end of year results but instead posted up a loss of £1.5 million. Regarding profits it has been fairly tough for shareholders and the company itself in recent years. Accounts show that for 2010 PLE’s Net Worth was -£3,302,000. Which is reported already down to around -£2,600,000, further signs of improvement. They were also only holding £756,000 at the Bank at the end of 2010 in their accounts report which again is not a lot. Especially when it is considered that this share use to be a much bigger price than it currently is. And lastly there current Assets were valued at the close of 2010 as a little over £1,100,000. But The Urology Company who only had around £33,000 at the Bank have reported seen this rise to £180,000 which while this still seems small, it’s a pretty large move when the percentage of this is calculated. Based on the current marketing PLE and the Urology Company are in I would expect to see their profits rising in the near future as they continue this turnaround.
Appointment of James Mellon
Very good appointment by the PLC Group. He was appointed on the 6 January 2012 as a Non-Executive Director and has a solid background. Just the kind of appointment PLE would have been hoping for. He has success on his record and I can’t take any credit for knowing anything about his background beyond what’s available to me, but the old man has spoken of him in the past with his involvements in shares he has held and this provides me with confidence.
- News stories
- Previous history
- Future Plans
UNFINISHED POST – Will be updated on Friday or Sunday Evening for those interested - Interesting conclusion on this share!
Well this share closed today @ 6.38p. A big improvement on the 4.13p it was when I started investigating them. My old man brought them after I brought them to his attention, he completed his own research of course. I frustrate him he says. He thinks I have a massive knack for this but at 24 I just haven't got what it takes to settle down in to Shares. Nay bother I suppose but it is annoying to myself that I continue to waste time with Football when these markets seem to actually follow the pattern I foresee. Much the opposite to football which is all over the place. I may come back to this but not sure where to take this Blog. I have the Tour De France starting this weekend, and then I have an external agreement for the X-Factor. But after that I could try to revive this. The simple guidance has already been laid out though so not much more I could personally add right now.
I think you have got it right OT, and that is I am just generally more interested in Football. Luckily my interest in Cycling, Poker and Boxing has helped see me leave Football alone quite a lot now but I always end up coming back to Football at some point like a lot of us do.
Financials clicked when I started really getting in to them. And research is my speciality. Without that I would have no idea where I would be. But I hope I can settle down in to Financials at some point. With many markets continuously falling now realisation has set in a few more month will see some good buying opportunities.
You are right when you say about following football. That is definitely the reason I get dragged in unfortunately.
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