We would love to hear your thoughts about our site and services, please take our survey 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.
Thanks Natdan regarding AGM info. Only just come home from work hence my slow reply. I did try and do my own research, now I know why I couldn’t find anything.
Personally I am actually quite excited about this share and it’s prospects and have recently bought more. Needless to say, just before the latest dip! However, as I am holding long, I do t really care about short term movements.
I don’t have the history that some do here, as I only bought in for the first time a few weeks ago, but the frustrations expressed by some here are about issues which I have seen in a number of other shares, and are by no means unique to YGEN.
Lack of info and a perceived disdain for small PIs: not at all uncommon sadly but I now take that as par for the course and anything better as a bonus. I am happy enough with the information that is currently available until more is released. The fact that IIs are on board at the current price is a massive reassurance in my mind. They will want their profit sometime and I will get mine on the back of their’s, whether I am wanted at the party or not.
Natdan, The insti's clearly bought into the plan with virtually no discount at 17p, I take that as a huge vote of confidence compared to the discount on most other placings taking place. They clearly have more patience and a longer timeframe than most PI's and are probably delighted with what should be a minimum of 30% earnings growth (excludes Covid income) for the current year.
So why the stagnating share price if it's not the big holders, is it just stale bulls causing this stagnation? The lack of Covid numbers is clearly frustrating to most (if not all) , and whilst I get that it's difficult to predict the uptake, we should at least have been told something about the Ncyt tie up numbers and some current run-rate of the lab testing.
Anyway, holding strong ... and cringsing, yep, still have the day job!
Yes can't fault LR's achievement in cleaning up the decks upon arrival. And outlining longer-term strategy. But Mr Market presently refuses to buy into the grand plan. The 'why not' and the 'for how long?' have become the great unanswered.
Compared to the pre-Lyn days of patent litigation and ever increasing debt burden, the current debt free growth phase should be a walk in the park!
@Jadam
56% of shares are with insiders, and only God knows what they paid for them if anything at all. What we all know is that these shares are worth in region of £60m, so none of the holding insiders (imv) are incentivised to break sweat to survive. Hell, even if the SP halved, it wouldn’t affect them much as it may not be real money invested in the first place.
A little strange have not heard a dot of complaint or agitation for action from a single II, either new arrivals from the latest Placing or the longer term II holders. One assumes they must be satisfied with the Co. information they have been fed to date, even though we be excluded.
This fact keeps me invested here for now. Time-scale flexible.
Looking for a few more if we see 16p ;-)
exactly but let's think the instis haven't invested to see nothing they clearly know a lot more than us pi, we should have a solid base at 17p we just have to hold tight, there is too much potential here our time will come.
Dont you think the price will start to track the new broker rating soon? In JAdams message from Wallbrook - he stated there will be updates on the broker rating shortly after the acquisition has been completed. This was only done yesterday at 8am right? Isnt a formal update due then?
No worries, enjoy wallowing in self putty because you don't have the guts to do something about it.
Everything you all highlight and you still hold? Quite Cleary a crew at work here but bash on.
I win't bother to post again. The company will do what it does regardless.
No need to reply and we will leave it at that.
Exactly, 25% of our highs, at a time when we've had a broker update, record beating yearlies, oversubscribed placings, acquisitions, product launches. It just doesn't add up.
It's like being stuck on a stopped train and the driver isn't telling you anything. Frustrating as hell.
Pacman you posted yesterday "Exactly 4 months ago we were 17.5p"
It's a good job you didn't say 5months ago!
The shares were 22.50p then.
Frustration all around because quite simply the SP isn't following we're we are lead to believe the company is going.
Trades and volume have fallen of a cliff because irrespective of the good job we all think LR is doing on the commercial side, he has stuck two fingers up to one of his primary objectives which is to increase shareholder value. Its no good saying wait 5 years, all investors have different timelines and want to see a steady appreciation on the back of good company fundamentals. Then you can exit whe you choose on that road having made a few Bob. PI's are scared stiff of this share because something just doesn't add up.
Back room shenanigans going on here to the detriment of PI's. The trading hasn't made sense for months. Hopefully PI's will descend on the AGM and ask the awkward questions,
Seems posters on the pr and numbers/details provided have all decided to shoot CooperD lol
Not too surprising based on the effect on the share price that our complete lack of the meat needed to hang a rising share price on.
CooperD hasn't ever managed to do anything other than praise and so he has to be seen as a fawning groupie rather than an independent objective poster. I'm sure he would have nothing to say st the AGM. He'd be too busy clapping lol
@CooperD
You are no better than all these American TV evangelists selling snake oil by the gallon.
As I’m sure you know, in the case of YGEN there is a significant portion of shares (77%) held by insiders and II’s. I’m amazed you never seem to ask yourself whether the 23% PI’s are getting a fair deal in this (what ought to be) gold rush. And by the way, I’ll leave this board precisely the second I feel like it, and not because some rambling evangelist asks me to !!
CooperD, sorry to say you are beginning to sound oh so ridiculous.
Cringsing sums up well the performance to date and the current sentiment. Branching out into the Covid market has yet to show any true signs of explosive growth. We just don't know cos we aren't being told.
LR's grand planned target mkt cap of £500m looks increasingly remote, it would take meteoric organic growth as well as a serious number of bolt-ons to get anywhere near.
Will continue to hold but the (lack of) talking heads who run this Co. seriously need to get the SP out of this paralysis.
Not a flipper, not an investor, not a clue. For someone who's so smart and clever why you holding?
3 products are about to go to market and cold be well go nuclear, so.
Stop repeating yourself. All you do is whine,.
One of the best lessons when it comes to investing it know when to move on.
Seems you have an emotional attachment and are intent on having a public meltdown.
Just simply move along and leave this to the investors who are happy to hold.
Ygen is (by some margin) the worst performing share in my portfolio why i dropped half of it yesterday. I am rather amazed that such a high-tech diagnostics outfit with global reach and lead by a ‘highly astute’ CEO, doesn’t fare better in the midst of a global pandemic. Really odd. Even more odd, some holders here appear to think of LR as some some of religious oracle who turns everything he touches into gold. Maybe he does, but i for one have seen none of it. I guess I got excited by some of the overly optimistic posts in this group prior to buying. For those of you religiously staying long here, you better keep your day jobs.....
CooperD you are filtered now.
Please afford me the same courtesy. Thank you and best wishes in your investment.
Doing twix's dirty work for him. Either that or part of the same gang.
Ever thought the company could do great numbers and the market might react? or is that not possible?
For someone who can look months in to the future to see how carp this company will be it amazes me that you hold shares? you must be holding them knowing they won't do nothing lol Sounds like we should all be listening to you as your strategy is a great way to lose money plus you get the added bonus of telling everyone what the future holds..
If I had that ability you know what i'd do? the complete opposite from what you do.
ColSoul -AGM yet TBA, likely Manchester in Sept.
BOD might even try it remotely this time round, perhaps in the style of Trappist monks to avoid divulging any information.
Come to think of it, some might say LR' s got the look already.
Yep the shares have been bought cheap by the Directors and IIs. Try thinking how much the sp would have been if they did somethings a bit differently. One can ramp, ramp away and let other PIs do the same in another direction. SP will only move now in small trading pattern till any further news as per trading pattern following Euciligene purchase. However this is my reading for the last couple of years, yours is different and the market will do what it wants. Wait another 8 months and the same dilution for purchase will happen again and so on. This year could be different with the COVID and Illumina NIPT news. Frustration has been expressed by PIs which is this strategy, plain to see if one tries, locks in PIs for many years and ultimately for a smaller profit that they would get elsewhere at the end of this strategy unless they massively load up as per Directors. Only problem is you then have savings locked in an illiquid stock through the coming economic uncertainty.
Oops Natdan
Nathan
Sorry for my ignorance when and where is the AGM?.