The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
When you consider that vaccines have gone from a claimed 97% effectiveness with one dose, to now around 60% effective and requiring at least 2 or 3 doses, the blind faith in the vaccines from the vaccine or nothing gang is staggering
StuoftheToon, that's what I did, banked my profit (thanks mugginsthedog, I wouldn't have invested as much as I did but for you) and by a stroke of luck my other aim share had a bit of a wobble so I put it all in there.
I'll probably be back at some point but if I miss the boat here, c’est la vie.
Id prefer the UK government to be visibly supporting sng and with that support I've no doubt the treatment would now be available. The lack of support has only delayed the almost inevitable approvals and sales though, so apart from the extended timescales it really doesn't matter that the UK government hasn't supported sng.
I'm as frustrated as anyone with the timescale but much like worrying over other treatments, (as if that is going to stop sng selling 100k treatments a month, lol!) the lack of support doesn't really matter if you can see the big picture.
If you can't see the big picture, and there are a few, then just keep worrying.
It looks like the dust has finally settled after several days of 6x average volumes. Before the delay announcement this was 160 +/-10% so it's dropped around 5% on the delay. Not nearly as dramatic as the vaccine or HT drop.
I couldn't see anything else negative in the rns so I expect the price to recover soon and continue on towards £2+ within the next few months.
Real or perceived delays have been the enemy of this share since March last year.
Many of us expected the P2 results sooner, mainly due to 'news next week' stories on various forums, and the price halved in the weeks immediately before the P2 results rns.
Shortly after the P2 results Finncap told us that production and approval was expected before Christmas.... last year!! and allied with a few more news next week rubbish, and some apparently real delays, the share price has stagnated around 160p (+/-10%) with the vaccine drop and HT drop thrown in to shake things up a bit.
It will be interesting to see what happens over the next few days. Today's news confirms some delays, hence the small drop, but gives a bit more certainly where this will be over the next few months, and once the dust has settled (6m volume is the most 'dust' for a while) I expect this to push on and, in the words of the former investment banker, be £2+ soon.
I thought the vaccine and the HT drops were incorrect and in both cases the share price recovered in a few weeks. I'm guessing that the timescale to £2+ will be similar to the recovery from those drops, maybe a couple of months or so?
Then again I could be completely wrong, like that former investment banker, lol!
Hey, dumbpunter is back, all sad after terrible summer of losses.
Anyway, I posted this last time he trolled this forum and it seems remarkably appropriate to do so again....
It's deja vu, I posted this in June in a thread which was subsequently pulled.....
Dumbpunter you are either stupid or a liar.
Anyway, this is a good excuse to post a link to outstanding Lancet peer review, just in case anyone thinks dumbpunter isn't stupid or a liar.
https://www.thelancet.com/journals/lanres/article/PIIS2213-2600(20)30511-7/fulltext
Docdaneeka just doesn't understand the size of the problem. To describe the 'outpatient setting' as congested when there's less than a dozen treatments available is frankly absurd.
This and his grotesque vaccine or nothing bigotry sets him apart from most of the sensible posters on this forum.
Gunto, I was slightly baffled when you told us "Synairgen have said it themselves that they are applying for an EUA in early 2022", that was news to me anyway.
Thanks for clarifying that you don't know the difference between EUA and regulatory approval.
Mugginsthedog was ready to sell early last year but lucky for him he was put right on everything he said and instead of selling at 16p he's looking at at a 60% upside since then.
He's just one of those 'glass half empty characters' and instead of seeing his 60% upside he prefers to look at the 60% downside since the unexpected (for me at least) breathalyser spike.
He thinks he's one of life's losers when in reality it isn't that bad. He only needs to look at Cammy123 who actually announced on here that he lost 120% on the breathalyser spike, ouch!
No matter how bad things look, there's always someone worse off.
I can't say I'm surprised to see tiger16 taking a bit of stick here.
He regularly trolls the sng board and cross ramps this, I remember him telling us how lucky he was to have bought these at nearly 250p, he is a former investment banker you know.
To be fair he's not the only one here who keeps being drawn to sng, yesterday someone called TheFlanker turned up 'accidentally' (3 times, all deleted now) telling the sng board that he'd bought this at 140p, whoopydoo!
He seems to have disappeared for the time being.
Fwiw I think arb is a good buy at this price, but I'm not a former investment banker hence I missed out buying at nearly 250p, lol!
Ha ha ha mugginsthedog, a £10m fund raise at 30p wasn't even close to being the highly dilutive raise you expected was it?
The discount and dilution was on a par with what a blue chip company would offer, it was remarkable business for a tiny Aim company. Aim fund raising often results in double the shares in issue and new shares offered at +30% discount to get it through.
Thanks to you, despite the recent (small for aim) drop I'm still sat on a nice 40% profit, I'll sell at 20% and look for another buy in or just enjoy my mugginsthedog inspired profits.
I should add that mugginsthedog was posting the same rubbish on mwg when it was less than 18p hence my investment.
SkyMonkey, if your statement
"This is the company doing what they are supposed to do. Nothing more, nothing less. There is no hidden message. They are literally following procedure here."
is correct, why didn't they do "what they are supposed to do" last year or the year before or have you just made it up?
If only there was someone who has had a career in the investment industry to explain what 'catch a falling knife' means in the share buying world.
Was it more disgusting than your sick in the head post that anti-vaxers are all dead?
Fwiw, I find hypocrites to be incredibly moronic cretins, again.
I'm pretty sure Eva is now tiger16.
Credit where credit is due, if someone wants to create fantasy personas on a niche internet forum those two have been incredibly unbelievable.
Docdaneeka, thanks for confirming it was just another example of the cretinous rhetoric trotted out by the vaccine or nothing pack? Much more sick in the head than usual though.
Docdaneeka, do you have even the vaguest stat that confirms "Those people who did are all dead" or is that just another example of the cretinous rhetoric trotted out by the vaccine or nothing pack?
I'd be particularly interested to read your justification for you statement and how many people have actually died who have refused the vaccine and compare that number to those that have died despite being vaccinated.
My gut feeling is the numbers are going to be close.
Newuncle, you've guaranteed to have another losing day tomorrow but that's not my fault is it?
Looking at your post history you should be sitting on a tidy profit here but you seem to want (need?) more.
You've had a bad time of it over the last few months and you've become more and more frustrated at yourself for not banking profits at 40p or 50p, you even sat there dreaming when 70p came and went.
Just take a break, you'll definitely feel better for it.
As for "the adult thing to do" does that include suggesting someone has been bullied, (a twisted point to make by any standards) and posting phrases like "Poncer", "idiot", "dip****", "total sh1yte" and so on and so on, ha ha ha!
Newuncle, you've guaranteed to have another losing day tomorrow but that's not my fault is it?
Looking at your post history you should be sitting on a tidy profit here but you seem to want (need?) more.
You've had a bad time of it over the last few months and you've become more and more frustrated at yourself for not banking profits at 40p or 50p, you even sat there dreaming when 70p came and went.
Just take a break, you'll definitely feel better for it.
Newuncle, understandably losing the plot now, ha ha!
Try and get a decent night's sleep and hopefully you will have a better, albeit another guaranteed to lose day, tomorrow