The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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The Thurs podcast had a bit about DNL. The guy who had been tipping basically said he had been in awaiting the news but was now out. He might come back in but essentially he wants to see if there competency extends to commercialising the opportunity. Odd cause he jadbstated potential 3x just two weeks earlier. Suspect some people followed his lead albeit at a much lower price. I think it might drift from here although I think it is undervalued - can see a mid pharma coming along and either doing the heavy lifting or an out and out TO. Either way now need to wait - target price is £1.40 but not for quite some time - 2 years+
SAS,
In my experience Evgen is not liquid. Very hard to sell even £500 on multiple occasions.
I do agree the research and study papers are compelling but not any where near the level of DNL or Angle. That said at 7.5p it is cheap and mainly overlooked. Maybe you can go be further views and observations on the other board?
Back to DNL I would like to add more as it is essentially derisked in a very real sense of the word.
JUST took a few evg another pharma .we know its not like dnl but i feel its got legs ,PLUS new lady on board caught my eye . IF DNL drifts will add 15000
Looks like 80p is the new 60p - A great company one of the better run ones . I have other pharma shares and in the last week found two nice new ones which are fully funded etc no problems for low mt capt for what they have . GLA dnl is a solid share and the board are serious about making dnl get there , Cant think of any others well run like dnl
Boozybob - buy the rumour, sell the news is standard practice if you are taking a short term or trader view - DNL certainly isn’t rare in this respect. However, taking along term view, in my opinion DNL is a rare gem one to hold onto. GLA LTH.
yes, looking like 80p should now be the next base. DNL is one of of those rare shares where its seems to be sell on fact and buy on rumour. The price has typically dipped since the highs last friday which is standard for DNL, next stop 100p.
Last few days - PI's have been on "sell on good news" mode with bioscience companies.
DNL, DEST, TILS - all with good news. All sold.
I’m happy with the SP reaction today. I’m hoping 80p is the base and after some consolidation we can move upwards from here
Hi HunSen that is funny I cant compare stx to dnl ==DNL is run spot on like a clock . if they can turn stx around it will intresting to see the share price in time . We all know dnl hits targets but if the new people at stx get it together it wont be 40p for long . Atb have a happy day
Hey Scored, that's funny, I also brought Shield only yesterday on the basis of their products and the share price drop looked a bit overdone, 11% gain on the first day, doesn't quite offset the DNL drop but it helps.
I see the AIM curse of sell on news has worked again.
hi hunsen and others who i know yesterday bought into stxshield therapeutics think your agree its good =intresting usa launch soon fda approved .. SOME think to do while dnl is ticking
Foxrod, me too, on the way from ISA to SIPP which gives another 66% gain once all the tax is claimed back (40%).
QF
New research note from Edison
I have a decent sized block of shares in DNL and intend to keep them, However, I shall be selling the ones I bought on the side a few weeks back out of my hard earned as I need to pay my bills. Made a handy profit though and my main block of shares (bought last summer) I shan't be selling any time soon. GLA
Hi all, just wanted to say a huge congrats and now that we have approval this investment is largely de-risked which is great news. I decided pre approval I would sell 50% once approved (got 89p which was delighted with) as am new to investing and as such wanted to "bank" some upside to buy a dip in another stock on my watchlist but fully expect this to re-rate above £ in the coming weeks.
I don't post often but just wanted to thank you guys as is generally a great bb although there will always be those who sold in the 60's recently trying to get back in as cheap as possible :)
Thought you sold out mate hoping for a low re-entry. Four posts in a row as well what's that about?
Lots of good points here. As mentioned, now this has been derisked and people have had time to digest this over this weekend. Expect a flurry of buys and to attack £1 tomorrow. Medium turn I see a steady rise with lots more catalysts
Autumn 2020 placement at 60p.
Current SP 89p
SP Uplift due to Approval - short of 50%
For Chronocort being approved - for such a massive game changer - the current % uplift is pittance.
For those PIs expecting / or willing for the SP to fall to 80p - market dictates but I think they may be disappointed.
DNL has so many catalysts. Perhaps I have missed a few more which other more dedicated PIs to DNL are aware of
1. All brokers forecast are SIGNIFICANTLY upwards from current SP levels
2. Further good news to come from UK authorities / Ditest
3. IMO, many of the short term traders have cashed out their chips and moved on. Majority here are LTH or view this as a LT investment.
4. For LTH - this stock must have been very very painful to hold. Now that there is a bright light at the end of the tunnel, something tells me that they will not be selling out anytime soon.
5. The current uplift for those holders who took the risk (if Chronocort had not been approved, SP may have probably collapsed to 10p) , IMO, think the SP rise is peanuts. If the SP falls to 80p - for holders from 60p, that translates to a circa 30% rise = totally awful risk : reward ratio.
6. FDA approval for Chronocort is massively derisked.
7. At 89-90p the sea of blue shows very strong levels of buying and why not, this investment is massively derisked from hereon - absolute no brainer. At current levels, would not be surprised at all if further institutions pump in money.
You mean you would like a top up? I know I wouldn’t want to hit 80p again
Thanks for the post bojo, I think next week we`ll see a new lease of life from the DNL share price and 80p approx will become the baseline. In tradtional DNL style I wouldn`t be surprised to see this drop back a little but this recent news is putting it on the radars of much larger pharmaceutical companies......could be a worthwhile takeover candidate assuming all keeps going well.
Richard Ross on Alkindi
https://twitter.com/shefuninews/status/1083416132592300033?s=21
Having picked through and invested in several AIM stocks I became very disillusioned with the games played out and decided to quit AIM and concentrate on the main markets apart from two stocks because of the way they were run, DNL being one.
If they made any profit for me I planned to exit asap, but now showing a decent profit here I think this has the legs to run much further so will hold.
AIM's a minefield but this is different.
GLA
Bang on there Hun.
I am also expecting a flurry of news over the next few days.