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...think Mariola has to be trusted with this at this stage. she has been involved for a long time and has a huge amount to gain by completing this -8M options for a start, plus the likelihood of a bid from across the pond. i'm sticking around.
....but at best jam the day after tomorrow.
..but not expecting much. Look at the accounts and the most valuable (and never revalued) asset is the IP. Unless this makes enough to pay off The Vulpes loan, it can only end up as a bid stock. What is the IP worth and to whom? Well it should pay off Vulpes and there might just be something for us, depending upon whether there is more than one bidder and whether they live over the Pond. Meanwhile we live in hope!
and how it moved SP upward.
is of course a Buy although shown here as a Sell. Nice to see the occasional bottom fishing here.
Trading/investing nearly impossible here with a 20% spread. Had always been like it I know.
Uninspiring hence the sharp fall. Sticking to my guns ( but with reservations)
...sweated through the zoom and must comment that I can understand why the SP is unexciting!
Holding for the bid which is likely to come before they do much to increase the profits substantially. The value is in the IP to a competitor.
Now why would Vulpes do that? Any ideas? Bidder sniffing around?
As expected - nothing remarkable. Still a hold for take-out at much higher offer price.
2 words stand out - "step change" anticipated in prospects for this year ,which is 25% done-seeing will be believing
Vulpes Loan rolled over. Surprise surprise! Results tomorrow although I don't expect anything remarkable.
... look like Buys to me but it matters not. Mariola is going to have a new investor or dispose of some IP to keep this gaining momentum -failing which we are a bolt-on, probably across the Pond.
Cleared up the market late afternoon. What do they know? Still convinced there is value here.
It remains listed because its IP is valuable and the sale of a small amount could leave it debt free and viable.. It therefore has value as a bolt on.
Why does this even remain listed? It cant capital raise on the market & has £12m outstanding debt to the chairman & vulpes
... sharply in reverse today. Think if someone is interested, will show themselves soon.
Or Abcam or Olink Proteomics - which for either of whom would be a tiny bolt on relative to ytheir market cap & would put we long termers out of our stale bull misery & no doubt generate decent returns for those buying now for the first time.Perhaps Pearce & Diggle are reluctant to sell "cheaply" as they still anticipate Big News.
We are viable but probably just a perfect bolt-on for a bigger outfit, probably US based.
Year End Trading Update
Proteome Sciences today provides an unaudited trading update for the financial year ended 31 December 2021.
The Company is pleased to report that it has continued to show strong growth in its services business with TMT® revenues holding firm, despite the continued impact of the Covid-19 pandemic on international business. The Company expects to report a c7% increase in Group revenues to c£5.1m (2020: £4.75m) for the full year, with services expected to increase c32% to c£1.9m (2020: £1.44m) and sales and royalties attributable to TMT® and TMTpro™ reagents to be c£3.2m (2020: £3.27m).
The Company anticipates an estimated trading profit of between £0.6m and £0.8m (2020: £0.50m) (excluding interest, currency and share based payments effects) which shows a positive development of the operational business. Investment in staff and facilities in line with our renewed strategy will give rise to a marginal increase in operational costs versus the prior year. Overall, the Company expects an estimated result before tax close to break-even (2020: £0.24m profit) and a similar result after tax (2020: £0.29m profit after tax) for the year.
Cash reserves at the year-end increased to £2.4m (2020: £2.21m).
The Board looks forward to providing shareholders with a full update of the Company's performance and outlook for 2022 with the publication of the audited full year results.
...should give us a kickstart tomorrow. Maybe that trading RNS?
Trading announcement? Badly needed right now.
Topping the fallers today with no news. A reassuring RNS would be nice but Idon'texpect one.
A bout of profit-taking yesterday and we are back virtually where we started. I am now gambling my life on my portfolio because I am buying a flat without my house being sold and all my capital is in this rotten market. I have the deposit and reckon exchange won'thappen until end of Jan at earliest. So gambling on a good reaction in the market after the holiday.
And of course a buyer might come along for my place early in the new year.
Not much in here and 25 other invs. A recipe for sleepless nights!
Quality finally showing up here! Hopefullyfirst ofafewtastynewcontacts in this exciting field.