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Is that what’s driving today’s rise? Anticipation for the results?
Thursday 5 August
IP Group PLC Half Year Results
"Oxford Nanopore is raising money, not making money. Not sure where you enthusiasm comes from". Are you suggesting these two things are mutually exclusive Monty? Anyhow I think it is fair enough to be excited about the impact of the Oxford Nanopore IPO on our share price.
Initial upswing in NAV and sp following results this week (hence why July last opportunity to get in at 110 or below). Shareprice at 150-180+ following nanopore IPO.
What is your timescale danrh? And what is your predicted SP?
Reading your post on 21July21, if July is the very last opportunity to buy at these levels (110-120) that would suggest you are expecting a significant upswing in the SP in Aug-Sept.
So what are you reasonable anticipating - an SP of 145+ on 1st October?
It's difficult to acknowledge if you are right, if we don't know what your parameters are.
Respect your opinion. We shall see won’t we. I will acknowledge if you are right. Expect you to do the same if I am :)
The voice of sense from Monty888
Oxford Nanopore is raising money, not making money. Not sure where you enthusiasm comes from?
I am invested here for the longer term, not expecting any particular SP changing news for a while 115p to 120p share for next 12 months IMHO.
Very quiet on this board nowadays. I know I'm just a random stranger to you, and don't expect anyone to trust my opinion, however, just wanted to put it out there that I predict (for reasons set out in previous posts) that July will be the very last opportunity to buy IP group at these levels. In fact, I think the stock is deliberately being driven down so institutions can load up prior to the big nanopore IPO news. Good luck to all
Great time to buy IMO, oversold now due to market woes (covid, economic recovery) that could actually help ensure max. valuation of Oxford nanopore at upcoming IPO. ONT have many many strings to their bow, however covid surveillance (a huge and global market that will last years, perhaps forever) is and will be a catalyst for their revenue growth and expanded customer base. And ONT, of course just one of >100 companies we gain exposure to through IP group. I bought more yesterday at 111p.
Incredible news from Intellia (in vivo CRISPR/Cas9 gene editing breakthrough). Will boost all related genomics stocks, including sequencing (i.e. nanopore valuation) as key part of the infrastructure for this sector
looking good to me mate ,114p was a good entry ,nice
Any thoughts as to why this is drifting?
I see it in the same category as GROW, which has very much caught the positive attention of the market.
There was 2 2million pound sells late on though
Yeah i topped up at 1.16... hope it was the correct decision as it bounced off 1.16 before
115p top up was another chance today, nice
Anyone who thinks NAV/shareprice won't be >£1.6bn/150pps once Oxford Nanopore floats later this year has not done their research. Oxford nanopore listing at £4bn is conservative. Important to understand the genomics sector and the market opportunity for long read sequencing. Only two real players (ONT and Pacific Biosciences) for what will quickly become a huge market, already catalysed by SARS-Cov2 genomic surveillance, which is nothing compared to clinical diagnostics/population-scale sequencing ($20bn addressable market in <5yrs). Very exciting times and days like today, great for adding to holding
Beardozer, unfortunately (for you) you have miscalculated SUPP oxford nanopore holding. Yes Oxford nanopore is 21% of SUPP portfolio, but they only hold <4% of ONT, valued currently at £68.7m (note- SUPP still using ONT valuation of £1.9bn to calculate their NAV).
https://www.londonstockexchange.com/news-article/IPO/agm-statement/15009502
Key points:
Next NAV update in August. Dividend June 21 (0.84%). Buy backs announced. Well funded. £69m NAV uplifts (6p/share). Lots of exciting upsides prospectively - Oxford Nanopore IPO particularly (25p/share according to Jefferies).
Rotten market generally but at least this is no worse than the market right now. I feel it is cheap and will consider topping up if goes nearer the quid.
...and at present SP looks attractive so threw my last few bon at it in my ISA. Not without risk but then 'no risk, little reward'.
Don't like investing in China but this looks a shrewd compomise and if they continue to perform like latest results, I can see a doubling within a year or so.
What I wasn't seeing is that IPO owns 15% of Oxford Nanopore but SUPP owns 21% and it's 25% of their PF so I've switched and banked a 2.2% loss for my lack of sufficient DYOR. Not that it's easy to weigh up different funds with investments in nebulous companies.
I don't have level 2, but I've been monitoring trades over last few days/weeks, since some weird activity - some low volume trades going through well outside lower daily range. I can only assume it's MMs trying to trigger stop losses to fill large orders. Take this morning for example - 4 shares sold at 111.4p!! Anyone with level 2 care to share their insight?
Not sure why no RNS yet, but this is amazing news. WaveOptics being acquired for $500m+. IP group stake is 17.1% !!
https://www.ft.com/content/6416472c-fcad-4b1d-82c0-aa8fa9e8947c
It will come good in the end beardozer.
Most investors just follow the money.