The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm expecting 300p by next weekend.
I think we are getting very close to the endgame for SNG. So long as pase 3 goes well. We should see some orders coming in shortly. These should start to give us a potential value of SNG but most of all it will give big Pharma a glimpse, though they are all no doubt watching SNG very closely just now. My guess is a takeover bid will start to materialise in February possibly earlier. The best thing all of us here can do is sit tight, wait for the bid and buy a dog. Train your dog to bite you if you try to press SELL!
Pete, GKP was one of the greats. I was watching it and recall the shares being 14p then dropping to 9p. Then came the big news. I piled in big time at 17-19p I should have researched it more the week before because I saw photos of oil leaching out of the rock. Such a sign is how BP found oil in Iran and I could have bought in at 9p.
I held on and over coming months it rose, steadied and rose. I sold out at 125p happy with my gains. Naturally it went on to 400 odd p! Its awful what eventually happened to GKP but a lot of people made a lot of money in the early days.
Keep a watch on the Daily Mail they often do a piece on SNG.
It clearly doesn't work but why is it being trialled? Could it be because the last time they announced that it doesn't work SNG dropped? When they announce its a failure then expect SNG to fall and presto someone will grab a load of cheap shares. Could it be all a conspiracy?
HAs to be news in the morning. Exciting times ahead.
From Vikingwarrior on ADVFN
I've been thinking about how this will play out over the next couple of months or three.
First we need news of a succesful trial and confirmation of moving to phase 3. We already know unofficially but I think there is a delay while America puts an order together? So working on the assumption that an order and confirmation of phase 3 is about to be forthcoming next week I can see the SP reaching 500p. This will value SNG at £1bn. hardly too outlandish? The next move will be a takeover by a large pharma probably before the end of year. I have no doubt conversations have been had regarding this. My guess is £3Bn possibly more and so I can see 1500-2000p by year end. That's a pretty steep rise about to happen here.
I've given great thought to any takeover and find £1bn far too cheap. £2bn is getting there but £3-4bn isn't too unreasonable. £5bn may be a stretch too far but could happen. So I keep thinking £20 a share is about right but you never know.
Somebody else is buying in the background but so far I have been unable to find out who.
I have stated a few times that Polygon are buying and they continue to buy which means I must have been right!
Polygon are still buying. Monday will be interesting.
We all know who to believe.
Its on teh way to 200p today. Only going one way now
Its not goig to be so cheap as it is now.
Great post Seaboy. Probably one of the best I've read on here.
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Its interesting to see how a company such as TILS announces every patent application and sees its shares rise on that day but SNG keeps it almost hidden.
More action today. When will the news be released?
Do not be pushed around by negative trolls here.
Looks as though we finally have some action here.