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I suspect we are nearing capitulation today/tomorrow, keeping my powder dry for the moment but it's beginning to look like an opportunity imo
Hello Airlineboy good to dee you on the board but not good to he having to post after yet another home goal by the BOD.
I've just come home to see this news. To say I'm sickened is an understatement. Many recent posters will not know me but I have been invested for a very long time. Me and my young lad Dylan thought this was gonna hit ninety eleven hundred pounds a share (his call, not mine!). Now I think we'll be lucky to get 99p a share. How did it all go so very wrong. We have truly been played. I am still (probably foolishly) fully invested, covid is on the rise again, it is possible that this will also rise like a phoenix. I hope but won't hold my breath. Good luck all holders particularly those longterm investors like us boys in Suffolk.
https://twitter.com/fastmoneyaim/status/1545039836792295424?s=21&t=1Mbkokqu-dZUP0dXVMdz-Q
More galling is the fact that clearly knowing where they were with regard to income, they considered a salary increase appropriate at the AGM before they were required to make public the desperate reality of the sales figures.
Blood sucking shysters.
No wonder there were no RNS's forthcoming about contracts. There are no contracts to RNS.
I held back from voting as the chairman was not one of the resolutions and I believe he has achieved emeritus rank [sic]. Pretty well everything that this complacent, ineffectual waffler has stated as an objective has remained unrealised nor has he made much of a fist in his outward looking duties towards shareholders or advancing the company and it's reputation which might have something to do with why sales have consistently underperformed since omicron. I think he and DA are forging a quite dysfunctional relationship and after that update I am more inclined to believe the real perhaps unspoken strategy is the steady decline of this company until it is a boring aim lifestyle vehicle, with a nice nest egg, existing certainly for the benefit of mediocre placemen such as himself and, equally certainly, not for the shareholders. Why is the agm only online? I do not wonder.
Gazman, I doubt anyone here can objectively answer those questions.
Ok so we're all basically saying the same thing (at least the people I haven't filtered). That leaves 2 questions: What then is going on? and when will the BoD's game come to an end?
Wilson further to the lft reader, promate 2g (ambient) has also been given a CE mark allowing it to be shipped and stored anywhere at room temperature and it wasn't even worth more than a brief mention in this rns?
We're having the p@ss roundly taken out of us, they've had plenty to tell us. Just couldn't be bothered. I know their comms have been bad but significant product launches wrapped up in this sack of crap? Incandescent doesn't even come close.
Little wonder they've opted for a virtual AGM.
"get off your phone P100 and get some work done !"
DA and all of the board*
Let’s not forget the the CFO paid £8 odd for shares a while ago. Clueless.
Clear them out and start again.
Maybe DA should do the honourable thing like Bojo and resign before the situation gets any worse?
"I’ll say it again, they’re claiming we will get to £100m per annum revs when we have just reported £3m for H1 of non covid revs. £6m for the year. How the actual **** are they turning £6m revs into £100m? They’re either delusional or liars"
The issue I think is that the salad maister treats everything Like a job interview...say all the right sound bites and marketing glossary ...whereas the reality of being able to produce the goods is a different thing.
Salad had a 100 day walkabout to critique the company and enable a future vision to be shared in April. Nothing. So what was he doing?
Salad knew SH want to hear a three figure million
pound projected revenue..so he gave it.
What was announced in April will not produce this...so either he has held back or it was word salad again...neither a good look
My thoughts are that the BOD have agreed a low share price takeover . If thats the case what golden handshake deals have the BODs received in exchange ? Or is this simply to shake off more private investors and bring some company in to buy in cheap shares .
No problem Bixy. As investors we have to consider both sides of the coin. Imo most likely outcome is somewhere in the middle.
At £78m mcap, it's more of when will this thing get settled rather than what will be the settlement.
Let's just have it concluded already. It's like a 100kg weight around the neck of a clownfish.
Not sure what the game is but seems like the new Salad management like to issue bad news? Is this the plan so that a low ball offer comes in and remainingPI's sell out? Good luck but even I've had enough of this...just hope that DHSC case goes your way for those brave ones holding on!
Exmex - no I haven’t, but I have seen how the board have destroyed the company and shareholder value over the past 18 months. I don’t have an ounce of trust in them to coordinate the response in a way that will lead to a favourable outcome.
I’ll say it again, they’re claiming we will get to £100m per annum revs when we have just reported £3m for H1 of non covid revs. £6m for the year. How the actual **** are they turning £6m revs into £100m? They’re either delusional or liars
It doesn't help when Alliance News once again gets its facts wrong, stating 12 month range 1.31p - 127p instead of 105p-497p!!
Bonjour BabyHuey
As some have already said, we must bet on the DHSC conflict (with your change of minister?)
Not to mention going back to historically high prices, we will quickly recover in the medium term from 50 to 100% and that's where we will have to get out..
So much for the loss...
I think you are confusing biosynex with an investment company. And would have been the trade of the year unless they had prior knowledge of the RNS.
PI100, have you actually read the contract that you keep commenting on?
Not luck Neo, if you have a big investment someone will be watching and doing the sums. An educated guess which was well signposted.
But Bio are also down over 7% today, go figure!
isn't that a bit extreme?
I see bashers are everywhere..
Johnk73 -
It's as likely that the cash from sale of 1% of NCYT that Biosynex received, will now buy them a lot more than 1%.
Stop it, DRB83. Many people wounded yet again, we don’t need nonsensical positivity which is so, so unlikely to happen. There is zero chance we will WIN, we may settle at best.