Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
dont give the exact amount Ijr1.... but was it low or medium buying today? And are you overall heavily invested or medium or low?
agree. It's a gamble. Which is fun. I think if this doesn't go up tomorrow or if it goes to 13p, I will have a fun gamble bet. And keep some funds in reserve. As someone advised me to do earlier :)
You have it spot on Odysseus07 which is why I bought a few more today. Hopefully good news in the next couple of weeks.
I think the market is reacting to a slight disappointment. Earlier in the year, I think the market investors were expecting some definite concrete good news by Q4. As it stands we are waiting for first EMA feedback onMED3000 submission. Waiting for details of third FDA meeting (that is meant to happen in October) and waiting for company updates on both. As well, the market is looking at cash balance reducing and no more news on a pharma partner / funding partner for the FDA trial/running costs. It's on a balance. Good regulatory news and investment news now, it goes to mid twenties again. No news by mid November on anything and it sinks to 9-10p.
Another buying opportunity? Where have the rampers gone?
fil yer boots
Looks like another good buyong day for you sb88... knock yourself out.
weekness=buyin op.... really? There has been a "buying op" for years.
weekness=buyin op
not making not a problem. Sorry, typos. Rushing
Thats true. I did say that not maing money was a problem. Its expected for a biotech / small pharma. I agree. I did say other points as well. And i did say it could be a commercial success, just not a billion dollar blockbuster
Amazon went years without apparently making mpney. You do not mention hope value either
The market values a company - based on cash assets, future growth, earnings per share, revnue, market capitalisation. FUM has under £2million pundsleft. Enough until May 2021. It has £35, 000 of revenue a year (i.e. nothing). It has not made a profit ever (fine, thats normal for small pharma) and the valuation of the company has dropped 90% since 2004 (but this very dependent on when you start the timings). It is banking on MED3000 approval or no company. And needs more capital - but there are risks to that. Bigger pharma companies are more conservative and may look at its undistinguished history and risky future and think "you know what, its likely this will take much longer/not at all and the ED market will suffice with generic viagra, cialis, levitra). What else do you need to know? Company values are market led and not based entirely on rationality as it also involves future growth and revenue. I'm just saying its a 100% gamble on MED3000 and it's not looking straightforward. hence the low market valuation for a company that some have said on here is about to launch a billion dollar brand. Unlikely. :) It may be commercially successful, but not on that scale.
In other words ody you haven't a clue of the fair valuation for FUM, but you know the SP was once around 12p so you'd like it to go back to that to buy in again which is fair enough but please don't pretend to know so much more than you do.
well, the best calculation. About 10 days ago the SP was 12.6p. So the market valued FUM as that. So far, it has about £2million in cash left and £35,000 of revenue. Do the math. :) Enough valuation?
Think you missed a lot of the details there. Details are important. But hey ho. Fair enough
Noone knows how or why paracetomol works. Nor does it matter how Futura functions. I drive a car but cannot repair it!
Ody - I could debate a lot of items you have said in your last few posts and I do wonder why you are so worried for all us investors who know so little about he mechanism of action. I can only speak for myself but I know enough and I know there is a reason we're getting the easier regulatory route of being a medical device hence the attraction of this share. I believe most invested here also have enough of an understanding.
What I really want to know form you is the following. You have said you want to invest but you will only do so after dilution and you will pick your shares up at 12p or less (fair enough it might happen but maybe not). Converting the SP into MCap - 16p today equates to 39mil company valuation whereas at 12p the company is worth ~30mil. What calculations have you used to determine the company is only worth 30mil? Or do you think they will raise an additional 9 million. Basically what do you think the company is worth today as this tells us what the SP is and why do you give it that valuation?
Ody, you want to invest because you've seen similar products that have been commercially successful. And yet you spend your time posting comment after comment rubbishing the company and the product. You'll be pleased to know I have nothing more to say to you.
dont now how engine works still drive
Because as i said right from the start, i have worked on products that are "vehicles" for dry eye disease. So, no active ingredient but a solvent that can moisten the eye / cause relief. And they have been launched and been commercially successful. A vehicle (as opposed to a placebo) can have a beneficial effect based on its ingredients - it's just not an active drug. But, on the other hand, dry eye is not a serious condition like ED. And given my history of FUM and its many disappointments and the Phase 3 trial "failure" and FUM abandoning its flagship ED active ingredient for a vehicle solvent, does raise doubts from me. Especially as i see from this that a lot of investors dont actually understand the terminology nuances
But you still haven't explained why you supposedly want to to invest in a company that has "no product".
Thats a fair point. I know. There is a risk I will miss the boat. But I do have £1000 worth of shares from about 10 years ago (would buy a lot more no than the price i got them for then).
Bucolic, honestly, you should read the RNS and website about the Phase 3 results. This is why the SP dropped - because everyone thought the "placebo" (I stress the speech marks) was just as good as the active ingredient, so FUM had no product, But there was a medium/strong effect on all patients (including severe ED) - just slightly lower effect than PDE5 inhibitors (i.e. viagra, cialis etc). So FUM thought, well ok, there is an effect on a robust Phase 3 trial.... we will stop the active ingredient work and go for the vehicle device route. Meaning no prescription, but pharmacy / OTC. This is what we / you are investing and gambling on. Not an active ingredient for ED. There are active ingredient trials for CBD and pain. But not now ED. Im afraid FUM have made it very clear that IS what we are investing in. Hence my doubts. If you dont know that Bucolic, then you (win or lose) have invested on ignorance and it's just pure luck, not judgement. I could also over think things and miss the boat. Thems the risks for both of us in our different ways. Good look to all, even you Bucolic.
Ody is like the girl in the old Jerome Kern standard “. She didn’t say yes, she didn’t say no , she didn’t say stay and she didn’t say go . “
I’m not sure what happened to her in the end - probably missed the boat.....
Hope you don’t Ody, but perhaps you should change your name to INDECISIVE.