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Truro
On the VAL board I says they are getting $60mln+ upfront for just one component , I would imagine PYC could get an initial milestone payment
I have added today and my husband is adding a substantial amount in his SIPP
My guess is that as Val sales start up we get a slice of each until we reach 6 Mill. Could take months but more like years but it doesn't really matter as it will be huge anyway and takes us forward into other commercial type deals in addition to consulting. Win/Win - Brucy bonus's all round!!!
Indeed, 6m or 6% of revenues for that deal. More than our market cap right now.
Thou, many questions need answering, like:: When? How much? Will we get £6m up front? Will the £6m / 6% be paid in instalments over the time of the contract? How long is the contract? sounds like the beginning of every episode of "Soap" all those years ago.
Getting closer
6 mil in the coffers
Hi Kidlington
I have read the last results in detail and that was enough information to invest my first slices, I am now reading up on the rest of the RNSs and following this board as alot of the historic RNSs I have not yet gotten round to
Correct Laura, that point has been alluded to several times here.
May i ask, an i do not wish to sound harsh etc, but did you not read the RNS's for the company for the last year or more before investing?
You did not know about Servier, which is our latest new client, and VAL which has been rumbling on for months now with their 6m or 6% capped payment for VAL201.
I have just read their March 2022 Q and A and this sounds very promising
Surely it can't be far off as we are now in May 2022
Q: Can we say how long we’ve been in discussion with the potential new big pharmaceutical client?
We’ve been in discussion with them for over 12 months, and that is common for big pharma clients. They take a long time to bring on board, but once you once you’ve got through all of their myriad procurement processes as well as the commercial negotiation around the contract then, with a following wind, they can turn out to be a client like Merck. So the opportunity is significant. It’s the sort of investment of time that, as a CEO or head of business development, you never mind making. As I said in our interims RNS, we are in in in advanced discussions with the company and we’ll say more as soon as we’re able to.
Exactly Laura! MCAP here is too low!
Many thanks
Just Read it...so looks like £6mln to come to PYC on a successful deal for VAL ?
That's more than our current value !
Will be adding more PYC
Have a read of the Mon, 15th Feb 2021 07:00 RNS
How are they connected to PYC please ?
Sorry I'm not up to date with all the news yet
Up 17% games played dropping 3% on no trades
Yes Laura, happens all the time here. 2 days is nothing, several times i have seen matched trades being bought and sold for a loss on the same day, and i am not talking about "round numbered" trades ie 25/50/100k,
They are working with Servier as per RNS in April: https://www.lse.co.uk/rns/PYC/contract-award-e5xd6dbskmk6dzw.html
Reasons to be cheerful, got start to week, drifted down on profit taking and general market sentiment, and the spread is a paltry 2.2% which is rare.
Hi Ralph
Some people are very off in their time frames
Imagine only waiting 2 days !!
U am adding more from profits elsewhere
363035 was bought on Tuesday for 4.68, sold today for 4.52, they should have sold on Wednesday for 5.
Yes, they are one of Frances leading healthcare companies
Is that who we work with ?
These "low" value trades appear here all the time.
https://www.servier.us/research-and-development/oncology-pipeline any of the drugs listed here PYC could be working on with Servier as per RNS in April.
Good morning Kidlington, I don't think someone would buy and sell £5 pound of PYC when dealing costs are £9.95 , more likely an error or maybe something else
The momentum is certainly with PYC l12mths and myself and husband are adding more here and to income stocks amd other medical stocks particularly
marketing, including in social media and other marketing channels, together with the increased business development capacity resulting from the hire of a dedicated professional have helped the Company to minimise the time between first contact with a potential new client and signing of contracts. In addition, significant new clients have been attracted as a result of the Company's positive reputation and/or by personal recommendation by existing or past clients. In the six months ended 31 December 2021 alone, the Company signed eleven agreements of various sizes with existing and new clients (including three with Merck KGaA which were the subject of an RNS on 13 December 2021).
The Company currently has contracted revenues of around £460k for the current half year ended 30 June 2022. This is the highest level of contracted revenue for H2 ever recorded by the Company at this point in any financial year and does not account for any further projects that may be signed and commenced during the remainder of this current financial year.
A 98 trade was last trade yesterday and also today, probably the same person, selling at a loss?
Welcome L:aura btw.
Thankyou Truro
I have noticed their revenues are increasing as are their clients and also growing awareness from companies sabout their work
I think £6mln is too low for what they have shown the last 18mths and what thebl comapny looks like delivering 2022
I just ignore trouble makers on all the boards I'm invested in
Hi Laura, there are some strange posters on here some of whom live in the past. If you look at the last 2 years annual accounts and also this years interims you may see a thread that is building on our traditional consulting role but also starting to move into new arears such as clinical trials and commercial collaborations. A couple of years ago they had a brainstorming session with outside consultants and this seemed to give the company a bit of a boost. As always nothing is guaranteed but it is difficult to see anything other than rising revenues and the cost base is pretty tightly controlled. Add a USP into the mix and this could get quite interesting!
Let’s not forget that a £6m valuation is multiples of the balance sheet value for a company that could probably hold its staff meetings in a telephone kiosk….. In reality there isn’t really anything to support a valuation of that amount - the company has never posted a profit, if it wasn’t for fundraising it would be under the water by now.
I’ve been invested and followed for 15 years and nothing has changed - every day week, month and year the same old rhetoric on here.
go and look in the dmtr archive all the research you ned his there
Thanks Steve
Will need to do more research over the weekend but if you are able to summarise what may be ahead for 2022 that would be most welcome
I can see that they are hoping for more partnerships or contracts contianed within the recent results and I notice they are winning more contracts last 12mths than before...is there any reason for this ?