We would love to hear your thoughts about our site and services, please take our survey 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.
This board is a joke.
Now LR doesn't care about the share price and bought loads of shares to sit on them till take out @ 40p lol Plus he must managed to swindle the instis for 17pps.
Like Natdan said, get to the AGM.
No wonder nobody will buy any stock here. They must be scratching their heads reading this board. Constantly bashing your own stock is ridiculous? but then again is it? I mean are you really holding whilst bashing? If so, that makes you a kind of special person.
The company has a email, a phone number, plus the agm coming up. I'll assume you will all attend considering the amount of negativity here. I'll await the feed back from your notes you will no doubt be taking.
Said it a hundred times now and you still bash the co. Very strange investing strategy.
Am I to assume from my post at 11.14 earlier today that nobody here cares to vent spleen at the forthcoming AGM?
Am easy either way, but presently I see no other way of finding satisfactory answers to many of the questions repeatedly asked on this site.
Seems everyone here is socially distancing too much.
Now, wash your hands (again) and get that mask on.
So Lyn has completed his share issue to the instis meaning the Market Cap for Ygen at 18p per share is around £129.5 mill. Prior to the issue Ygen Market Cap at 18p would of been around £112.3 mill.
So simple maths after the share dilution the market cap has increased by around £17 mill at 18P sp.
Lyn has no doubt informed the instis what his plans are for his purchases and the surplus cash in the bank, unfortunately something us plebs are not party to at this moment in time.
I appreciate the instis will want to see a return in the future but if Lyn doesn’t give a **** about the SP which I am becoming increasingly sure he doesn’t he could play this card again to reach his £500 mill goal he quoted early this year with another round of share dilution. Ok he may not convince the instis so easy next time round but who knows, nothing surprises me with this share.
Yesterday for once due to the SP stagnation through the trading day the BB trades were as near correct as we’ll ever see, we had 5 or 6 buys and a few unknowns. We cannot draw PI’s to this share whatever good news is published, this is proven. In Spring we could concurrently hold daily figures in excess of 100 trades per day sometimes 300, this is now a thing of the past, with the odd exception we struggle to hit 40 trades per day over the last few months.
The instis now have all their shares, we now need bus loads of new investors to kick start this share.
This is the IR approach chosen by Dr Chang et al. You can see the sp performance from Euciligene to see what would typically happen to the sp despite some of the same ramping ramblings here. After that purchase the sp went nowhere for one year. The company has a bigger capitalisation but the sp doesn't move. The Directors have a shed load of holdings which they've been able to buy through not pumping this sp through crap PR, added to that options at depressed sp. Good for the Directors as you can use salary to buy shares and then wait comfortably for a take-out at circa 40p. PIs get diluted and hence you have more than not mainly LTHs who have had to increase the their holdings significantly in last few years. They get locked in and then cannot sell their increased holdings as the stock is illiquid and will more the sp with low volumes due to poor PR.
Only difference this year is COVID and what the numbers will say. Also with all these new product streams whether TMO and Illumina will allow this to grow organically for another 2-3 years and pay a higher take-out. Let's hope for some cheer. ATB
It has seav1ew. The company is worth a lot more., but there are also a shed load more shares.
Let's hope when we are valued at 500 Mill we don't have 2 billion shares in circulation.
8/1/2016 I paid 16.6, not much happened!
That's what they have been trying to fill for the past few trading sessions since the placing. It's filled now so they dropped the SP.
Mini rise is correct Steve. That's all we ever get.
Looks like a buy to me if i'm honest.
Keep going - talk yourselves into selling so Twix / Ozboy can pick up your shares cheaper and sell them into the next mini-rise ... and repeat!
What's the point Ozboy. There is always someone selling to counter any buying momentum.
Exactly 4 months ago we were 17.5p. So where is this progress. 13 or so RNS's later, all positive, not done a jot to anyone's investment other than maybe traders, and those being given free shares.
We all know the company is going great guns but doesn't mean didly if there is nothing to show for it in the SP.
Weve had acquisitions. We've had tremendous growth. We've launched or in the process of launching a new flagship NIPT test. We've collaborated with Ncyt and Caxton on covid. We've developed our own test and are providing covid testing. We've conducted a brilliant placing. We've launched a new infectious disease pillar to the business.
The SP ain't going anywhere because investors can see that it doesn't move even on fabulous news. Months and months of fabulous news. All we've got is 100 million more shares in the pot.
So, while I ain't throwing in the towel yet, I will give LR his AGM, his quarterly covid update and half yearly update. If we are still languishing about here and being frustrated with lack relevant news and figures, then it's aurevoir.
I can put my money in premium bonds and get zero return, but at least I could win a million. Here it's just zero return.
jadam,
you can't have it both ways my friend lol
Look at it another way. Sometimes people will jump in blind on something because certain insti's bought loads at a set price.
You have the benefit of knowing the company and also knowing that if 17p is good enough for others to invest millions of £'s then surely as a PI it must be good enough for you.
Not saying you should buy any though. as always it's your choice and I wouldn't dream of trying to convince you to buy or sell something. Just stating the obvious really.
I think we are in the right stock for a good return and like I said should a second wave of covid hit us then we will easily 4 or 5 bag imo.
Well yes JAdam - but that's the choice we made. If it was a bad choice how does blaming the company work when the Revenue has dramatically increased over the last year or two? My view is that it will be a good choice as the revenue ramps up even further. And yes I was also here in VIA days .
Guys, all I know is from seeing things from March this year to December this year. I will reassess things then.
Imo the NYCT deal details will be disclosed and covered in the Q update. Now the placing is out the way and we have our own test I think it's all hands to the pump with our own covid test and we will cease with the NCYT agreement.
I understand what you mean by cloak and dagger and how other stocks performed but in all honesty. We were late to the covid party. if a second wave hits then we will fly now we have our ducks lined up.
Jadam, the profits from ODX? you mentioned earlier that the instis got to load up at 17p and PI's get nothing. You can load up the same price as them right now with your profits. :) Think about it. What you buy today is 10 times better than what you invested in this time last year or when ever :)
As there are clearly a significant number of disgruntled teddies present on this forum (myself included), perhaps on this occasion the forthcoming AGM might provide a decent opportunity to get answers ,whether satisfactory or not.
Personally, I would like to get a meaningful reply from AR regarding two comments I believe he has made in the past: why does he think LR the best CEO he has worked with? And moons ago I recall he wanted to give back to private investors for the failures of his father in the Vialogy days. Is 18p a share job done, or does he expect 50p as I believe he also predicted at some stage?
And to LR: as a number of shareholders have been here for five years and longer, at what point would you consider PIs have been amply rewarded -18p a share? Or is your primary objective now to get the mkt cap to your target £500m, funded almost exclusively by private Placings and ever more dilution, prior to a predicted sale to a bigger player?
Plenty of additional questions I am sure.
Anyone sufficiently motivated to attend?
Cooper,
I agree about Ncyt.
So tell us how much we did for them, why it stopped, if its stopped, why we went on our own.
In other words stop being cloak and dagger about it all.
Look at the companies who aren't cloak and dagger and where they are and look at us.
One other thing,
Imo LR want's to shock the market, he wants to stun them. The 86% yoy growth wasn't promised, it was delivered.
LR e wants to repeat that feat. He's not shouting from the roof tops but then he won't need to should things go the way he's panned.
Imo I back the company 100% and I trust they are doing things the right way to maximise the growth. it takes time but comes with rewards for the patient. Day to day criticism is just winding yourself's up. Just relax and if the half year report doesn't show the light then fair enough.
Pacman,
It's not been missed by me that LR has basically said the NCYT is a as and when deal. It was most likely the catalyst for creating our own covid test Clarigene. NCYT not long after the agreement with us brought in 6 other manufacturers. Had LR came out and stated the agreement was more or less peanuts then the placing we just got away might well have been a lot lower and we would have suffered more. This placing will have been in the works for a while and it would be crazy to upset the apple cart during that process.
The ncyt deal is of no material value imo as they moved the goal posts. Most likely when they realised we were creating our own products. Imo this will be shown in the half year results. One other thing LR in his last presentation basically said ithe ncyt agreement would dwindle away once we rolled our own test out.
Cooper, tell me why they couldn't or wouldn't elaborate on the Ncyt partnership. Tell me why they can't tell us what the capacity for test manufacture and testing they have got and how many tests they are doing at the moment or when he gave his interview. Tell me why they didn't inform us about the small acquisition of a company that just happens to be in Citylabs as well. Tell me why there is no forecast for revenue growth given to PI's. You can guarantee insti's will have demanded a figure. All of this would have helped appreciate the SP unless there was a reason they didn't want it to. What that reason is I have no idea.
Well if that's the case that we are tethered and can't appreciate it won't be for much longer. Unless you think the instis don't ask these questions? or don't ask how they make the huge profit they are after.?
This will fly, can't put a date on it but it will fly and it won't be long. Just let things filter through.
I don't know why you all expect change to be so rapid without the company having the chance to get the products out and achieve numbers? Once that's done and numbers are there we will know
The insti's can't beleive their luck. If they had to buy 100mill on the open market we would be a quid. As it is they have been given them on a plate. That's why it was oversubscribed.
Surely we both have a vested interested to see a rise now. But we are still tethered by some entity that will not let us appreciate.
To what end I know not.
Wise words DCooper. Serious money invested at current levels. No need to worry here
Jadam,
He stated he aims to achieve a £500 mill mcap. I don't think he needs to repeat it.
I don't know why everyone is so down about things. Does nobody see what is being built? if you do can we not give him till the end of the year to start and gain some decent traction? I expect us to be moving along nicely long before that but that's my timeframe to reassess.
For the instis who just bought at 17p I can assure you they never done that based on a finger in the air.
Isn't Lyn planning to launch an all-employee share option scheme shortly? I think it was mentioned in the video? If so, I would have thought they will want to get that sorted before we see any numbers.