On Company web page under “Vision” I don’t think they have read it for a while.
To be Hong Kong’s leading healthcare and life sciences investment enterprise.
Regent Pacific is a dynamic investor focused on growing long term-value and delivering superior returns to stakeholders.
Its aim is to build a portfolio of late-stage healthcare and life sciences-related investments and commercialise them through ‘out-licensing’ to other strategic pharmaceutical partners. With this approach, Regent Pacific seeks to deliver significant dividends to shareholders from royalty receipts, and/or selling to large pharmaceutical companies.
Through prudent investment management, the company strives to distribute surplus cash to its shareholders by way of an effective dividend policy and/or share repurchase programme.
Sent another email to JM & JG to see if they can provide answers. They didn’t get back to my last one and if things are not going well they will not get back to this one. I feel terribly let down by the 2 of them. They only need to be transparent to their shareholders.
Heimdal, Are you sure this is going to pick up? Been here for many years and wish I had sold at 0.77HKD but I thought it was going to be the next big thing as JM spoke highly about it. Feel like a idiot today.
As I said before DW would look very stupid asking for a CR. What did we achieve in our last placing and what was the price. At this moment in time the share is oversold according to those who use technical trends. We will see a reserve to the SP very soon as they will buy in. We will have to wait until February before next drill to see a real gain. Didn’t think we would be back to this levels but we haven’t taken the oil out of the ground yet but know it is there.
Why didn’t we just negotiate a better deal which would have given us some cash. Ie given away less or more to PO. This is why I don’t think a cash raise will be required. DW would make himself look stupid.
Hope there is a positive announcement this evening Bignose..... You maybe know more than we do. Jamie and Jimmy have gone silent. Something is going on, they are working on some sort of deal. I reckon the SP has been dropped for someone to invest a large sum brining expertise into RP. Better than share dilution.
I do wish we would have a had a bit more transparency from RP. A nice statement to say this is where we are, this is what we hope to achieve in X amount of time. JM has and continues to put money in the keep us running. I still believe Jim thinks this will be big in the USA and China. After being here for many years I didn’t think we would be sitting with a SP of 0.16HKD. We do require new investors but they need to be told ( publicity campaign) what a good product we have but I am sure this will happen once we have USA approval next year. We are going to have to wait a bit longer. SP of 0.80 - 1HKD by end of 2020 is my prediction.