Siteserv plc

waterboy99

Hi

Is this a good company to invest in?

pirelli

waterboy99 wrote: »

Hi

Is this a good company to invest in?

Appears to have been!

There is a magazine out in the shops that has a research paper on every stock on the irish stock market. You can buy it in Spar or Easons and is quite simple to find by browsing the business magazines. I cannot remember but i think it was meant to be ok.

You wont really get an approval from the forums but more like running commentary on a stock with . You have to research a company yourself and the best way is to use RTE business and check all of the stock brokers reports. They are updated very often. Also check the irish brokers website for old reviews and stats and check reuters.

If you really are serious don't be afraid to contact the company and always check its website for how well maintained their investor relations are. A poorly maintained investor relations has proved to be the proof of the pudding so far with AGI and Newcourt.


If its not well maintained and if your having trouble contacting them then I would be cautious.

Smcgie

pirelli wrote: »

Appears to have been!

There is a magazine out in the shops that has a research paper on every stock on the irish stock market. You can buy it in Spar or Easons and is quite simple to find by browsing the business magazines. I cannot remember but i think it was meant to be ok.

You wont really get an approval from the forums but more like running commentary on a stock with . You have to research a company yourself and the best way is to use RTE business and check all of the stock brokers reports. They are updated very often. Also check the irish brokers website for old reviews and stats and check reuters.

If you really are serious don't be afraid to contact the company and always check its website for how well maintained their investor relations are. A poorly maintained investor relations has proved to be the proof of the pudding so far with AGI and Newcourt.


If its not well maintained and if your having trouble contacting them then I would be cautious.

What happened AGI?

pirelli

Smcgie wrote: »

What happened AGI?

AGI was a small cap drug company researching new drugs. These companies are highly volatile and will increase 200% when there test research results are good but when they are bad they will plummet as much. A high risk high reward gamble on whether there tests will be positive.

http://seekingalpha.com/article/153086-extreme-fda-trades-30-stocks-under-5-bucks

Here is a list of up coming stocks. Usually the money is made leading up to an FDA approval deadline or leading up to the end of a phase III trial. The stock sometimes will rise leading up to the announcement and then bail around the time people think the announcement will be made sending the stock back down again. If the results are good obviously it will shoot up 100%.

Most of these companies have negative incomes and make their money through milestone payments and licenses and royalties so a failed drug research is a very costly expense and a rejected approval is even more expensive and could cripple a small companies share price if its their main pipeline drug.

As for AGI they also just lost their contract withe the pharma company.
What they did was fail their phase three test results because the drug did not remove the discomfort and pain but did otherwise work and cured the symptoms.

This sounds like the dragged it through phase I and II without checking the this basic criteria. They might have noticed this much sooner and mixed it with a two pill to handle the pain. A good drug gone to waste :mad:

Lexus1976

waterboy99 wrote: »

Hi

Is this a good company to invest in?

This is one of the shares in my current portfolio. http://www.siteserv.ie

Doing extremely well at the moment.

patbrady877

It depends on what price you get them at - you should be able to pick them up for 8c- if so you would have to say they are a buy. There was a lot of hipe a few years ago when they floated, at that time they were trading from 90c to 1euro.

from an investor point of view their name doesnt do them any favours. they own holdgate fencing and donogue scaffolding - both who have sizable contracts on new M50 - uk is also a big market for them, and according to 'analysis' property market has bottomed out over there....