The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
Are some on here confused ??
You can not compare share prices to previous share prices ,when they have issues MILLIONS more shares
If your going to compare apples with apples
Compare the market cap now to previous by all means ,
And on that note
Does anyone know what the MCAP was April/ MAY 2022 ( NOT THE SHARE PRICE )
I’m interested in the now and not the then. We have all had our say on this and things are moving in the right direction. With news due on the trials and I’m hoping this is all positive and the sp rises well over the £1 mark.
Boysuka....another turnip that turns up.
More shares in circulation...yes but if molecule good and going by the market rate them high values possible, albeit lower than could have been.
Simply, if data good then multiples of today . Tell me what share price be if 500 million cap....cheap
Agree ?
At the end of 2021 SAR had a market cap of c£170m, compared to under £45m now.
one was probably inflated in hindsight, the other is definitely way too low
Celtic I'm guessing your not good at maths if you asking me that question
IF the market cap gets to 500 million
The share price will be about £4.70
As for the turnip comment
What's with the insults ?
I am invested here just like you probably are
Comparisons are only relevant if there is a constant. Market cap is the better comparator and the market cap is a good measure of whether a share is undervalued or overvalued- so when Sareum hit 9p in old money it had been hugely inflated by HNWI purchases and speculation - so IMO was overvalued but I wasn’t complaining.
Fast forward to today and where Sareum has progressed to and you could argue that 50p is fair value without results. If results are positive - which I think they will be - then we will be hugely undervalued. All good here guys - just a waiting game.
Yep, we’ve gone from 65,000,000 shares in issue to 100,000,000
So quite a lot more.
Boyasaka I take your point RE MCap and I posted my numbers as below to try and highlight this which included number if shares in issue then and now and £100million Mcap as a nice tound number. Maybe stop telling people off for their maths as some might say your English could be a little better.
bfdinvestor
thank you
yea i've just done some *** packet calcs
in august 2022 m cap was about 120 million with a sp of £1.70
as far as the spike to £4 odd for a very short time ,it was that a spike ,pump and dump
yes i agree with you ,this is currently undervalued
but without getting carried away on the short term if this reaches a mcap again of 120million
the sp will be around £1
that's a gain of about 160 percent from where we are now
people just seem to be convinced the results are gonna be awesome and this is going to go to the moon
when you followed aim stocks for 20 years like myself if i had £1 for every company that share holders truly believed it was gonna 10 bag 20 bag 30 bag
i'd be a very very wealthy man ,but unfortunately 99 times out of a 100 it never happened
with the 1 percent exeption that did multi bag by ten fold or more
i want this to go to the moon like everyone else
my £8000 investment is currently worth just over 13k as of today and i'd love to see that go to £100,000 but i'd be also over the moon if i walked away with 30k in my pocket which i think maybe possible
If £170M Market Cap was too high in 2021, I don't think it would be too high now. We have moved so much further forward I think it would be a fairer valuation now. As a minimum I think we should be at least 4 x current Market Cap.
Elcap
We are severely undervalued Boyasaka don't you believe.
With all that's on the table. Sp and mcap should be significantly higher.
Sareum is worth so much more wouldn't you agree.
Good Evening
Total Number of shares following RF warrants exercise 107945783, so let's round it up to 108 million.
In terms of peak market cap it was in excess of 330m, whilst it was certainly frothy, I wouldn't dismiss it all together as the last HNWI invested at over 7p (£3.50 new money).
The market cap was over over £200 million at that time and IMO SAR's worth should be closer to that than our current Mcap, given the progress we've made so far.
KR
ZA
That’s what happens on aim, many Companies are 100,s of millions and the rest in issue.
Apologies boysuka, if you are a holder. Nothing is guaranteed but I be stunned if our data is not great and basically we will be screwed
These lot on charge don't know much about business but science, they know fantastically well.
We should kick ass in posrisis and the fact we can increase dosage 30 times the allowed dose and no side effects is amazing
Am sure sadoldgit has commented on posrisis link and why.we going after this indication
This molecule kicked the leading psoriasis drug in laboratory trials, as thoth caught.on, all them years ago.
It's coming along.nicely.
I have always been positive here and remain so. We all just require hard data from the trial to support our enthusiasm and the share price increase we are all anticipating. All bets are off then as the permutations become endless
Thank you Dr zed
Boyasaka you raise some very good points. The whole market capital value is ridiculous. I think we’ll slowly climb to a more reasonable valuation in the next few weeks prior to results. When I think about the business savvy of the board it does worry me. We already have a deal with 737 and if you look at the total upfront payment (ignoring we’re only getting 27%) it’s hardly transformative. As I’ve said before my personal preference is for the board to just sell lock stock and barrel. Anything over £500m would make a lot on here wealthy. The Likelihood of the board striking a £billion deal - I don’t know. Hope we get to £1 before results which would be a good foundation to start another climb pending a deal announcement or even a milestone payment from the unknown 737 licensee (although it will likely be just an update of who they are) - here’s to a great week
I agree. We are much ahead in the game compared to what we were then when HNWI invested. Even if we take 50% discount we should be at least at 100 Mcap with SP nearing £1.
We were 70 million before RF came aboard. We are further forward with 1801 and 737 has been on licensed to an unknown company.
One pound a share to me is still low. Confirmation of satisfactory safety data is what is required at the moment.
Not far away now. On the plus side we are doing well in the absence of RF. Clearly they have a reputation or indeed an agenda.
I would be happy for a 5% rise per day over the next 6 weeks.⁰
Regards
Lseser
Thanks for your logical and common sense approach
Nothing is guaranteed and I have no idea of the percentage of recieving good results Vs the percentage of these results not being good
It's a gamble for everyone here ,many on here have questioned and been amazed why anyone has sold already ,some people have doubled there money here in the last month or so
Invested ,doubled it and cashed out
That is brilliant for anyone to do
Profit is profit and those who take profit generally so much better than those sat on a loss or 50 percent up hoping they gonna 10 bag
I sure to hell hope it ten bags from here to a MCAP of around 500 million
That would make me about 80 grand ,but I'd be also very happy walking away with doubling my 8k investment as you say hopefully over the next few weeks this can keep moving up and get to maybes what ever one would class as a reasonable MCAP of around 100 million
Boyasaka You sound like you believe in the potential of Sareum.
Almost irritated at the progress in sp. Can't decide what you are doing. So will you sell your 8k at double or will you hold because you believe like everyone else the mcap is worth hundreds of millions.
Some could have easily taken their capital at 20p and left the equivalent amount in profit. Also a worthy option.
Or let SAR do what it historically does and mulitbag after multibag. People might think covid is back. Some Millionaires have invested at multiples of this. We are the lucky ones.
Am not selling a bean till the fat lady sings
Just catching up on this thread and can share my figures. From the records I made at the time:
The maximum mcap occurred in August 2021 when SP hit a high of 457.5p (equiv) and was £308m. (These are based on closing prices, so interday SP would have been higher.)
So today's SP would need to be £2.85 to achieve this mcap.
I think this is a realistic first target for those in for the long haul. (After all some of us have been here over 10 years already!)
Not to forget these valuations at that time were when we were not into phase 1 though 737 was with SO which could have been factored into the price. In my opinion, these valuations are easily achievable on positive results. The further movement will be triggered by licensing and 737 payments.
Smart_inv - the 737 fiasco is painful to recount, and did as much damage as the RF deal in my opinion. It languished for years on the shelf and the final nail was its return by BIG pharma. In my view regardless of where we are with 737 any news related to it is likely to have a luke warm reception. The most likely news on the 737 deal will be disclosures about who the licensee is (probably some small fry pharma). This is why I don’t want to see another license deal. I think the majority of share price is largely based on the expected positive results of 1801 (1802 is too early in its pipe line to have any real impact on our share price right now). All bets are on 1801 and I think everyone can see where we are headed with the imminent results release finally starting to be factored in.
And a £ billion market cap is around £9.20 a share now compared with £14 a share back in 2021 (the fabled 28p a share target at that time).