Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video 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.
Could end up in the blue today, buys going through at 1.34 atm...gla
pretty sure this will be red all day, pi's wont like the dilution?
Horse
N & G's commitment is worth the dilution.
They didn't HAVE to do this.
They now hold 364 million shares - 12.3%. It would be interesting to know why.
Dilution... honestly, people need to understand. Dilution is irrelevant when you expect to make 100x your investment in the long term.
I can expect some people wanting to double their money in a week may not agree, but keep your eye on the long game, and you should be rewarded...
Just my view.
Where is the holding RNS then? Nice & Green are an investment company, they aren't here to make friends, they will start selling all the way up.
Themis,
The stock will not be listed until 6th, so it will be a period after that. You do make the most idiotic points sometimes...
Where are you getting 12.3% from is that an assumption?
They also reduced their holding early July didn't they?
200m more shares today, is that the last of it? If they do keep a significant holding of course that would be great going forward, but from the holdings RNS early July I am not sure they will keep all of these conversions, lets see
ready to top up at ~1p if the opp presents itself, if not happy holding for the long term from here out
should break even then nearly down 100%
Djp57: tell that to the person who sold 800+ shares for £11 this morning. Now if that person knew that long term there investment could be worth £1100. They must be sick has a dog now. GET REAL we will be lucky to see it getting back to 18p (x 18). AM will keep string things along getting more loans and paying himself more cash. I did say it would get to 1p by the end of the month, only a few days out
Should start the re-rate when the app launches until then it's just sit and watch...
GLR,
Looking at all the conversions Feb to June, and the holding data to 15 June, N&G sold 19% of their stake through that period. One could assume they will (or have already) made the same commercial decision on the conversion announced today. N&G, and NAPS management have said N&G are interested in the long term, and have retained the majority of their holding. That is true, and to be honest, if I was N&G, I'd have adopted pretty much the same strategy.
There is another conversion worth £2m to come, but the timing is their call.
The next price driver for NAPS should be the App release, in 4Q21, and will be accompanied with a new marketing campaign. One would assume they will convert the remainder before then.
Just my view.
GLR1990
Following the RNS of 1 July, their holding stood at 164,671,841. So they had slightly reduced.
They are now buying 200m which brings it to 363,671,841.
There are now 2,962,9456,547 shares in issue.
I make that 12.3%. - 12.2% if you want to round it down.
As things stand they are our largest holders by some way.
Many thanks, you are correct
May explain the rebound today then, they are clearly not as many assume, offloading
Tempted to add more, will keep watching - fully confident this will have a superb 2022
The brand will carry a significant amount of value
also albert it is interesting to work out N&G's average cost for the £6m converted to date. i make it to be about 1.48p (that's the simple average cost without trying to factor in if they made a profit on the 1% or so they sold down on the way).helps to put their position in perspective,although no idea what the ultimate aim is. i suppose they have to be wary now of bringing the s/p down much further because of the impact on their very sizeable existing holding, so expecting significant upside from here.happy to be corrected if my arithmetic is off;
evening all here is a clean image of investors upto June 2021
https://prnt.sc/1iqjwa0
also Warner Music results so far for there music side
https://www.musicbusinessworldwide.com/warner-made-192m-more-yoy-from-streaming-in-calendar-q2-compared-to-last-year/
Morning Italian,
I think you're close. I assume N&G have sold the same % of their recent conversion, as they did in the Feb to June period. We know that exactly from the public information available. I therefore assume their net/net in price for 326m shares is 1.4016p
Their strategy I assume is unchanged: long term shareholder, but I wonder do they want, or need a board seat? Of course, if they have a board seat, they become an insider, and it would restrict their ability to buy, and/or, sell more. Perhaps they may have greater influence just being the largest shareholder. Perhaps they don't need to influence the strategy at all.
It might also pay to give your savings to Nice and Green to manage. They seem to do very well out of their investments. That's not a recommendation, just an observation.
Finally, I also assume N&G will convert the remaining CLNs to shares when they have completed selling approx. 38m shares, being the same proportion of stock they've sold before. Most likely before App launch (4q), which I expect to be the next big price mover.
Good luck everyone. The sign posts are clearly marked...
N&G have done well at 1.4p, bearing in mind JG invested at 10x the price, I can’t see any of the early investors backing out until the release of the New APP why would they throw away potential.
I would imagine the New APP is the last throw of the dice for AM & SH so they have to produce a credible product.
My problem is still the broken promises and the lack of transparency, the Admission Document laid out the strategy, however there has been mixed messages from AM, if the AGM is just a rubber stamp of the normal business it won’t provide confidence and I can see the SP dip further, along with further conversion of Loan notes I see a further decline, the development of the APP and potential hasn’t changed, it’s a case of wait and see, but with no news and a possible suspension of the shares for another big deal my confidence is low!! IMO GLA
evening all here is a clean image of investors upto June 2021
https://prnt.sc/1iqjwa0 so this proves the main investors have stayed in for the long term, some big names in this list that have also invested, ask yourself why have they said in %%%%% to come.
Information on B2B has been posted on the net, AM has said there will be deals and deals have been done in 2021, so our business partners like what they have been told or even seen an insight to the New App and signed the deal.
N&G and the CLN have been the major problem for the SP and the timing of the App release, i wouldnt be surprised there are alot of investors waiting in the wings for the release date.
Q1 + Q2 2021 will show a better picture, but the better picture is to come, alot of positive posting going on now.
the board has given us information over this year, and looks like there are delivering, but we us investors have been knocked by the SP and being in the red, so that very understandable, but look at the future path we are on, very good thing to come IMO GLA
https://medium.com/@alamin20351/is-spotify-going-to-fall-from-the-competition-222ab09dd596
Mel,
The rest of the CLNs to be converted is in the price. Everyone knows its coming.
If the SP was to be suspended pending a large transaction, would that be a bad thing? For traders perhaps, but LTHs should benefit from that. Encouraging to see a more balanced view regarding risks and outcomes, but its all there for people with patience.
GLA, just my opinion.
Sorry for the late reply Italian.
They have now converted four tranches at four different prices. Each one more sizable and at a cheaper price than the last. Manipulation or what !! Anyway 1.48p is about what I made it.
TBH, I was more than happy to see the latest - and largest - conversion. They must be getting some positives here.
And at 12.3% it may be the end of their activity - at least with the shares.
Without going over what I have said before, I still can't get away from the fact they are working closely with Equitory on a future M & A strategy.
There are hurdles to clear i.e. 2021 H1, the new app, FY 2021, and 2022 H1. All of which will take us up to a year from now.
It almost looks like N & G/Equitory have taken over the reins - unofficially at least. Whatever, they are all over this.
All IMO.
'N & G/Equitory have taken over the reins' - really that is quite an odd comment, N&G are shareholders, period, making money out of NAPs, that's all. They will be long gone once the share price goes up and reaches the last placement price.
Equitory have done very little in the way of earning their wages, they don't reply to comms, I wonder if they will even bother to email out the Zoom link for the AGM given their appalling behaviour.
Hi DJP57,
A more balanced view perhaps, or disappointment with the board not fulfilling their promises despite the company having an experienced and industry expertise, I believe we have wasted opportunities through inexperience and not letting people perform.
As we have lost certain opportunities we have now the opportunity to produce a all encompassing ‘One Stop APP’, the most important element we are missing if ‘PR’ both with investors and the general public, if we promote ‘Napster’ with professionalism over the next four months then there is reason for optimism, if we don’t get global artists and there agents behind us we will struggle, whatever it’s a long term project to break even for LTH’s IMO
i find it strange as soon as the positive news starts to flow and the days counting down to the end of the year, how people have changed the outcome on Napster after being so positive during the Feb,Mar,Apr,May,June months
Covid has knocked every company of track.
we dont know what going on behind close doors Napsters might not have or needed these opportunities in the future road map, it could have cost the company, just look at Glastonbury streaming issues, pre this so many on here saying we should have done this , and why hasnt Napster done this. oh dont forget the AM out posts from people on here as well really ummm
Hi CB,
I guess your rightfully aiming your comment towards me, which I accept, however having been an advocate for over 5 years, I have changed my perception of AM & SH, the company was progressing in a ‘Cash positive’ direction with in my view a sound strategy, it struggled to develop a subscription model, therefore buying Napster with a ready made model, several million subscribers made perfect sense, however they have never progressed, they have proven the technology, however not capitalise on the already established business, they have moved in a new direction which has decreased the value of the company 15x, which has proved expensive with an unknown effect. Yes we have a New App, but what else? IMO GLA