Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I think people will start to buy in as new tax yr, and may be this is low of the sp. Well hope so,
It appears that a fund is attempting to trigger as many PIs stop losses as possible before the results are released to load up on the cheap until the share price starts to show some resistance/bounce back
They have what's supposed to be a world class product but the management must be worse than useless. What the next step? Is it a case of peopke bailing before results?
Not sure this will ever recover any meaningful value. Zero positivity from the market.
All time low so far. How much lower will this go.
No good drop drop every week
BUT of late it is hit and miss . THESE 500000 buys are intresting
Lost loads too. Kept a minimal amount invested. No plans to increase. If only they’d reissue the vote for a buyout at 6p 😂
The whole thing is an unmitigated disaster. There is nothing positive about any of it. Wish I hadn’t bought the shares. Now stuck with them
Could be a trap, to sucker in some buyers.
Given the lack of an update since the last RNS, this one firmly remains, IMO, a barge-pole stock and one that should be under investigation, as I have said before.
2P SEEMS OK has stx stopped falling
Emcure is definitely not a small or zombie company.
A global company with more than 10.000 employees
https://www.emcure.com/about-us-overview/
Anyone who is familiar with he world wide rights of Ferric Maltol?
I found a new registration of a Ferric Maltol trial at the Indian FDA (CDSCO) by a company called Emcure Pharma.
CDSCO grant a bioequivalence study.
But there were no information no hint about STX or AOP.
India is a not unimportant market.
https://medicaldialogues.in/news/industry/pharma/conduct-bioequivalence-study-cdsco-panel-tells-emcure-pharmaceutical-on-ferric-maltol-capsules-126248
Pain Hustlers-film on Netflix-based on a true story of a company selling a painkiller , building out its team & ultimately transpired to be scam, the founder being a billionaire from the companys success until it unravelled.Interesting embellishment of the lengths sales folk may go to in the US to get their sale & encourage Drs to prescribe.Emily Blunr excellent !
Yep- I emailed them to complain & raise my concerns & was totally fobbed off - despite many selling ahead of the 8p raise - all of whom should have been very easy to identify
Yes, but also the fault of the regulatory authorities for so rarely doing their job, when it comes to investigating so many AIM operations. Clear patterns of insider trading, front running raises, outright lies in RNS's etc.
Better off saving that tax payer money by getting rid. At the same time, removing the veneer of protection that does not seem to exist anyway. Even when a dodgy company does get caught, the consequences for the directors are never severe enough IMO. Such is life. GLA.
Greg is a great snakeoil salesman but his credentials as ceo of a quoted company are clearly suspect.The recent numbers debacle was a disgrace,we have heard nothing tangible about Canada ,South Korea or China & Norgine continue to progress in their substantial territories at a snails pace + the last 8p raise was a disgrace & destroyed shareholder value.At some point we will either go into Admin or be bought cheaply by AOP & we shareholders will,mostly,lose a substantial amount of our investment - but all our own fault!
There is no two ways about it STX absolutely has to see a significant operational turnaround before their next cash raise or shareholders are going to be diluted to oblivion - that's the short term risk now and explains the current SP.
There's a reasonable gamble to be had at 2p heading into April and the next quarterly results but it's certainly high risk, most would rather stay on the sidelines and buy back in on confirmation of better results.
Furthermore, the question marks are not about the potential revenue generation of the product...it is about whether the ordinary shareholders are going to see any return on their support and investment that got this product to the revenue stage.
And the answer is almost certainly no, as far as I can reasonably conclude.
The real question for many is whether this state of affairs has come about through extraordinary commercial uselessness by the BOD, or something far worse.
But good luck to those of you who feel differently.
Pro - our issue isn’t necessarily the long term performance, but always the lack of communications from the STX management. They just seem happy to take our money, leak news to their family and friends and never keep us updated or provide any reassurance. If I had that, then I wouldn’t have reduced my stake and invested elsewhere until momentum starts to grow. This isn’t the only AIM l’m invested in but certainly has the worse communications.
Absolutely correct! That is a long term investment which will not disappoint regardless the mistakes done by the management. Shield has a product that can achieve hunderd of millions in revenues, however to accomplish that it takes time which in this particular case we should be looking into some years from today. Another factor which has to be considered here is that shield has just started and they need money to grow, therefore that is an inevitable fact. Unfortunately many people do not understand how the stock market works and are expecting the sp to take off from one day to the next. I am sure shield will make it eventually, it is only a matter of time.
Having listened to the investor presentation (Feb 22) I believe that given time Shield will come good! Mistakes have been made -like any business, but the management have got to grips with them and so can move on progressively! Investing in companies takes time to see a return-unfortunately many people want instant results! All the best to long term holders.
On that basis, it would appear that Jupiter is out, or presumably working towards a full exit.
The other major holders that have increased, based on the company website, are representative of individuals though, so again, presumably PI's averaging down and a bunch of new traders. Not actual institutional support. Not, IMO, something to give hope to current holders.
I could see the potential for current holders to perhaps feel a little remaining confidence/glimmer of hope, had either PMI or AOP increased their positions since then, but IMO this current publication of major shareholders does nothing to offset the many serious negatives at the time of print.
I am actually surprised that PMI remain here (assuming that is the case at the time of print). Do not know anything about Nestle's approach to investment management, so no opinion in their case.
AOP, as I suggested before, are the only ones that are going to do well here, IMO.
You would imagine that if they were dissatisfied with the BOD, with their clout here, we would have already seen changes by now. And yet nothing.
But perhaps tomorrow morning will see a detailed RNS update on what action they are in the process of taking against that third party...specifics on what BOD remuneration/salary cuts have been implemented...some new inside buys and clarity on the cash runway.
That would go some way to restoring faith and even reduce the lingering question marks over the actual credibility of this outfit too, I think. But, each day that passes without this, should make the calls for regulatory investigation grow louder.
They have had more than enough time since the last RNS to do all of the above. Disgraceful.
I was interested to see what the recent debacle would be on significant shareholders, I took a screenshot from the Stx website just after the recent RNS and have looked again today. Only 1 significant shareholder seems to have to sold or at least massively reduced their holding. While others have actually increased their holdings since. Those more experienced on here, rather than a mere amateur like me, may have some interesting thoughts on this? Can’t work out whether this is belief by these institutions that Stx will prosper or some other plan?
AOP Health 311,597,265 39.84%
Nestle S.A. 56,008,541 7.16%
Hargreaves Lansdown, stockbrokers (EO) 55,066,651 7.04%
Interactive Investor (EO) 35,527,919 4.54%
Jupiter Asset Management 30,477,697 3.90%
Premier Miton Investor 29,113,136 3.72%
AJ Bell, stockbrokers (EO 26,411,783 3.38%
In accordance with AIM Rule 26, in so far as the Company is aware as at 09 February 2024, the percentage of the Company's issued share capital that is not in public hands is 43%.
AOP Health 311,597,265 39.84%
Hargreaves Lansdown, stockbrokers (EO) 60,148,898 7.69%
Nestle, SA 56,008,541 7.16%
Interactive Investor (EO) 39,074,656 5.00%
Premier Miton Investors 29,113,136 3.72%
AJ Bell, stockbrokers (EO) 28,085,831 3.59%
In accordance with AIM Rule 26, in so far as the Company is aware as at 11 March 2024, the percentage of the Company’s issued share capital that is not in public hands is 43%.
This share leaks like a bucket. It has proved to be a total crock of ........