Member Info for bignose58

Well another 13% rise as I write, plus the other 3 days of constant rises and contrary to my historic expectations. This surely could make one think there has been a leak of positive information (on purpose given the few number of employees in HK who would be willing to risk exposure? ).

It certainly makes one wonder if there will be an update prior to the interims being released. I certainly would play my hand on the China submission (more likely since we then wait 9 month to a year, if not sooner, for a positive result) or the Result of the FDA phase II closure and issuance of a SPA. (mind you, we would still have to wait maybe 3 years before there is any sign of FDA approval which could be even longer given its taken 5 years for the phase II to be closed out. And of course there is still a big IF regarding that one).

Interesting next few days or weeks.

Well another 4 % rise today. I wonder if the expected news on the China submission is causing the MnMs to slowly increase the price. Unfortunately it’s very difficult to call given the large swings on such Low volumes, however. Something’s gotta give sooner or later……but which way will it go…..flip !!!

Yup, not so many shares in circulation now. Just look at yesterdays sp. It dropped nigh on 9% on 10k shares (what was that about 630 squid). It will more than likely drop back tomorrow on a single or cpl of trades. Also, Asian markets today were up quite a lot….so I’m sure that too had some impact.

Thanks. And that shoed me the reason. My links were to the ERP website which I guess is frozen. I need to update all of them.

Morning The.Italian,

For some reason neither my laptop/desktop or mobile phone shows the profit warning announcement. Maybe you could post a ink here which should give direct location access.

Thanks

Just checked and there is no new update showing on my PC. Have they changed their mind.....lol

Morning. The.Italian,

I'm afraid that's what I was expecting

I actually sold out too as I feel the announcement far too vague and they are trying to pull the wool over investors eyes regarding the not giving out any real figures. They have done this before. So like you, I wait in the sidelines.

Morning the Italian

I see FUM now have a US agreement with the offshoot of GSK,

It certainly wasn't the explosive rise some were hoping for which could indicate it was already priced in. That said. 4mill up font payment and royalties on sales (no % given) is a little vague.. Certainly could mean not so much confidence on a high %. Of course, only time will tell when looking at the bottom line figure which will indicate if royalty % is good or bad.

His last statement doesn’t quite fill me with excitement.

There are no guarantees of a happy ending, but it’s a worthy punt.

He would appear to think it’s not a worthwhile long term investment, but rather a short term “punt”. Hopefully anyone reading the article is greedy enough to consider it rather a worthwhile long-term investment.

Morning chaps,

Of course it’s doable. One only has to look at the numbers. Current market cap is 15mill squid. 1500% is x15. So 15x15 = 225 mill which is not a lot if they finish what they started. Optimistically, they should be able to achieve this just with China if their penetration of the 9mill sufferers in the first year is probable. Even with only 2 mill sales and 50 usd/can (it’s actually more than this according to their announcements). That means 100mill usd which rpg gets 25% +.

I cannot help but feel that they may just sell more than 2mill since they know their own market better than anyone else. Obviously just my opinion, but what matters is it’s all very doable and from a different source than possibly we would have thought a few years back.

And again, I point out, it’s because it’s out of the hands of monkeys.

Certainly some strange goings on. 0.77 for 10k (1 lot) of shares, yet only a couple of days ago they were going for less than 0.6. Are the M&M's now marking up the stock on the expectation of news (even sell price has increased) ? I could understand it if more shares were involved, but single lots !!!

Oh and If I am not wrong, the current market cap is approx 10% of that following the PLE TO. (152mill squid vs 15.7mill).

JR87,

If I am not mistaken....following the PLE takeover our holdings were reduced to 65%, After the DLI takeover they were reduced by a further 23% = 50%. After the recent 1 for 1 placing, our holdings are now at 25%.

It was worse for an RPG holder who had 35% after the PLE takeover. They now have, if there are indeed any remaining. a colossal 13,5%

Definitely an increase in shareholder value..... NOT

I exclude the additional shares which could have been placed to pay back JG's loan after the Yooya debacle since I am pretty sure , given the deal was based on an SP of 0.25, he wanted the money + his 4.5% interest, as he knew there was going to be a placing and why not get the money back which could be used to easily cover his part of the 1 for 1 placing. I wonder if that could be considered as a form of insider trading !!!!

I'm sure if my figures are wrong or I have missed any additionals, someone will pick it up.... :-)

Morning The.Italian,

Only if it’s made of cheese, preferably Wensleydale, with a few sheep thrown in for good measure…. Lol

Just the change in company name......Working hard to increase shareholder value.....lol....NOT

Dougie,

The interims wont be out for a month poss 2, however. they usually provide a profit warning (not expecting anything else) towards the end of July (last year it was on the 22nd, but the year before it was at the beginning of August.

That said, they have provided Op updates a week or two before. anybody's guess what monkeys are thinking,,,,,probably about bananas....lol

So we could possibly get an op update this week or next, although I doubt they will have much to announce. Of course I have been known to be wrong.... ;-)

Last year it was on Jul 22nd

Looks like they will update when the interims are out in a few weeks. I certainly cannot believe the FDA process has been plain sailing. Exactly 5 years from Phase II starts announcement (July 2018) and still no result. Pretty incredible when one considers there were finally less than 100 subjects to process.

Market cap is now at its lowest ever.... 13.2 mill squid. Certainly an eye opener given what they are supposed to have, The DLI is now in negative territory given how much they paid for it and the market cap at the time which was about 16 to 17 mill squid (before they announced the purchase) and half the shares in play (recent consolidation ignored).

I suspect it’s because there is still no licensing/sales deal In place. Without it, there is no value and not many are willing to take the risk and jump in (To be honest I really don’t understand why no agreement was already in place, even if it was based on the understanding of no approval, no deal, although we still don’t know how close they are to signing one). That said, once a license/sales agreement is in place, I would suspect lift off. Just my two pennyworth for what it’s worth.

Of course its irrelevant, but interesting that anyone would want to buy or sell just 1 share !!!