Member Info for cf456

A good dip buying opportunity being provided here as the story starts to gain traction. Some strong share price gains to be had in the coming months:

"We are now beyond the half way stage of what looks like a very promising year."

"We are therefore confident in our target of not only reaching monthly breakeven in Q1 2020, but in delivering 1000 installed headsets by the end of 2020."

"Our partnership model is a winning formula and whilst there is much to be done, we look forward with considerable confidence."

https://investegate.co.uk/immotion-group-plc--immo-/rns/interim-results-for-the-six-months-to-30-june-2019/201909250700055425N

No probs.

Looks to have a lot of upside potential on multiple fronts. A good time to be accumulating whilst off the radar.

Directors are heavily invested and confident in returning multiples.

From 18:28 - Genomic Health Data Platform valuation

"In terms of the valuation, we estimate that each patient is valued at about £5,000 per dataset. We aim to collect 10,000 patient records over the next 2 years....The value of that nominal database at 10,000 datasets is £50 million. Now that assumes a linear 1:1 pharma access looking at that data, but in fact this is a pretty competitive database, so non-exclusive multiple pharma parties can be looking at this data in parallel. So the value of this 10,000 datasets is actually many multiples of £50 million. So we're very excited..."

From 54:04

"And as we strategically build through bolt-ons and we get our revenue above 30 million, I believe that re-rating will happen. And when I talk about the re-rating in this high-end consulting clinical evaluation space, most of our peers are valued at 2.5 to 3 times revenue. So if we're at 30 million revenues, we should be at 60 million plus valuation."

Current market cap - £16m.

https://www.valuethemarkets.com/2019/10/31/video-open-orphans-maurice-treacy-details-pharma-services-firms-ambitious-growth-plans-in-exclusive-valuethemarkets-presentation-orph

Also worth noting that the directors are so convinced of a rising share price that they are happy to lock themselves in for 3 years. That's a real sign of confidence. Totally aligned with shareholders on all the swings up and down. Especially Cathal Friel with over £2million of his own money tied up.

"We've put our money where our mouth is. As you'll see in our presentation in our website, 35% of Open Orphan is owned by myself, the management team and founders. We're locked up for 3 years."

https://soundcloud.com/doc-h-4/orph-cathal-friel-of-open (from 2:03)

"The management team and Board have a strong track record and we are confident in our abilities to generate significant shareholder returns."

https://investegate.co.uk/open-orphan-plc--orph-/rns/interim-results-for-6-months-ended-30-june-2019/201909250700065430N

Maurice Treacy highlights the significant value of the genomic health database in a recent presentation. Some very good potential upside from this alone.

"When I talked about the 10,000 data records we hope to collect or corral in our database, each one of those per patient is valued roughly, based on these precedents, at about 5000. So the nominal value of that database is about 50 million.

That's just assuming a linear access fee. We hope there will be multiple pharma companies looking at this data at the same time."

https://www.youtube.com/watch?v=XrT6SBVa5F0 (16:36 onwards)

Hargreaves Lansdown RRE divi now in.

Very bullish recent interview.

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"So you feel that you've got some good momentum in the business at the moment?"

"Oh my goodness, yes. I think we're really taking off. The response at EAZA was fantastic and we're really at this trajectory that's going up very quickly. So as I said we're ordering more hardware, we're staffing up more because we anticipate a huge uptake in business over the next few months."

https://tinyurl.com/y46jo5lm (from 7:23)

https://soundcloud.com/doc-h-4/orph-cathal-friel-of-open

From 11:52

Acquisition likely before Christmas with CEO stating that this is likely to accelerate revenues significantly.

Agreed. Looks like trimming rather than anything else.

Prior TR-1 - 1,501,745 shares - threshold crossed on 3rd Sept.
Today's TR-1 - 1,434,141 shares - threshold crossed on 15th Oct.

So only 67,604 shares sold in over a month. Today's volume alone was larger than that.

https://investegate.co.uk/rockrose-energy-plc--rre-/rns/tr-1--notification-of-major-holdings/201909061200035175L

https://investegate.co.uk/rockrose-energy-plc--rre-/rns/tr-1--notification-of-major-holdings/201910171657152973Q

Given the average daily volume since 3rd Sept, there was a decent opportunity to offload many more shares if Cavendish had really wanted to.

"We are delighted to announce the release of our new fully-immersive underwater experience, Shark Dive! #VR #IMMO"

https://twitter.com/Immotion_Group/status/1184757808237043712

https://www.youtube.com/watch?v=PGxSXOoP6I8

The directors appear to have a very clear focus on driving shareholder returns here since they've personally invested so heavily in the company.

Reassuring for investors to know that the directors will be doing their utmost to move the share price a lot higher.

--

https://www.youtube.com/watch?v=Ix6GhEQYVYQ

"We're tiny. We're £17m/£18m market cap. We believe we should be able to double that in the next 6 or 12 months" (21:07)

"We're very focussed on shareholder returns because the three of us own over 1/3 of the company and we've put most of our life savings into it" (21:49)

"One thing we're very focussed on is the share price." (27:21)

"We've put our money where our mouth is. As you'll see in our presentation in our website, 35% of Open Orphan is owned by myself, the management team and founders. We're locked up for 3 years. We don't intend being around 3 years. I put £2 million of my own cash in."

"We're hyper-focussed on the share price."

https://twitter.com/DDS_DocHoliday/status/1180112896510091270

"They are finding larger stones, and they are finding them more regularly and more often and statistically that says to me there is a lot more coming in."

https://audioboom.com/posts/7381246-dev-clever-holdings-glen-goodman-and-john-meyer

from 44:54

Larger chunks being bought today. Looks like an insti or two loading up.

Must be keen if they're happy to pay full ask e.g. 2 lots of 2000 shares just bought at £20.