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Mozax, EVG will never ever get that money. There is something people are totally overlooking here. If SFX-01 is effective why would Stalicla potentially pay EVG $161m in payments plus royalties when the could buy the company out for about £10m right now?
Stalicla know that EVG are short on cash with no other income streams. What is to say that the delay in these payments isn’t part of a plan to pick EVG up for peanuts later in the year?
Someone knows something.
There are a lot of people who think the Stalicla money is coming any time now, some even suggested this week. I would be very surprised, the last update by EVG two weeks ago stated:
The companies are engaged in analysis and interpretation of Evgen's recent Phase 1b healthy volunteer PK/PD study and the implications for a future Phase 2 trial in ASD
Anyone who thinks that will be done in a couple of weeks has rocks in their head and should go and see a psychiatrist, they are mental.
XxPoorInvestorxx it’s funny how you are critical of Kingalf and I for our criticism of EVG here, again mentioning why are we here when not invested yet I see you are on OBD giving it the same sort of criticism and predictions that the share is doomed.
I noticed you didn’t respond to my question as to what you are hoping to sell your shares for here.
Even if EVG get the $5.5m from Stalicla this year they are bound to find themselves back in this same position in 2026 with money running out again.
I know you’re absolutely adamant that this will turn around and the share price will increase. Are you willing to say how many shares you hold here? And what share price do you hope to sell at?
You have to ask why have they decided to sell such a huge holding now? If there is a strong chance of positive news that would see this share price increase why would they not wait? They are not daft.
Seriously what sort of people are running these companies. Everyone I’ve followed has ended up going bust or the share price falls massively. I don’t remember ever seeing a successful one.
One to stay clear of - EVG, that’s a real dog of a share.
It has been 10 months since we last saw the share price at 440p or higher. It used to be what I considered the fair average for Aviva shares, I always saw the fair range bouncing between 415p and 465p.
The share price absolutely does deserve to be above 440p, Aviva are performing excellent and the dividends are fantastic here.
No idea where the share price is heading but glad it’s at a decent level again.
01234, oooh you didn’t like hearing about that did you? That really did trigger you.
It is crazy how much tax we all pay, in the State’s eyes all we are is an income stream and a vote. They keep trying to find new ways to tax us, things like ULEZ, carrier bag tax, police speed camera vans everywhere. If they can find to make more money from us all they’ll find out and exploit it.
The Benefits system is a complete joke, I worked for DWP in the past, it’s a disgrace what is allowed to happen, so many people choose a life on benefits and they aren’t much worse off hard honest working people yet have every day off to do as they please. PIP is also a joke, I know someone claiming PIP care and mobility and they walk their two big dogs each day, he’s always washing his car, it’s just totally abused by those who want a free ride.
: ) that is comedy genius. He’s read that claims have increased thinking it’s insurance claims but it’s benefit claims. It kind of sums up a lot about the type of people commenting on these message boards though.
I’ve seen it happen so many times, people invest in an AIM share due to the ramping and hype on these messageboards only for it to go pear shaped. I got sucked in before.
It’s why I always have time for posters who are more cautious about a share, they can save you a lot of money. Hope this works out ok for everyone.
It’s an interesting share price Davey. Wouldn’t take much to make 50% profit at these levels. I think everyone agrees if EVG get the $5.5m Stalicla payment in the coming months it would keep the company funded until the Spring 2026 and would certainly see the share price rise to the 2.5p - 3p mark. But then it will be probably ages before any more money comes in and back in a similar predicament to now. I wouldn’t want to hold this as a long term investment, looks like it would take years to materialise. There could be opportunities short term.
However today’s RNS doesn’t sound like the payment is imminent and I don’t think anyone knows what to make of the final sentence regarding EVG have not anticipated any milestone payments from Stalicla in its financial forecasting.
Let us know what you do. Good luck with it.
Thought we had seen the last of you PoorInvestor.
As for the RNS, it would help if EVG had explained the significance of this credit facility.
It doesn’t sound too great IMO, from the wording it sounds like any milestone payments are still a while away, as they are engaged in analysis and interpretation of the study and implications of a stage 2 trial. Sounds like months away before the conclusion of this.
Also is anyone else concerned that EVG state that they have not anticipated any milestone payments from Stalicla in its financial forecasting. Doesn’t sound too encouraging. Not looking good here sadly.
Kingalf, you’re right, looking at the Director deals there was a previous company called Evolution Group using the code EVG and it is picking up their Director deals. Evgen started trading in October 2015 and the opening share price was 37p, close to what you said. So they are not 99% down, they are 95% down.
I think we’ve seen the last of xxPoorInvestorxx, I don’t think he’ll be bothering us here any longer.
It is really disappointing that none of the directors are buying shares, buying shares with their own money shows that they believe in the company as an investment and gives shareholders confidence that it is worth investing in. It’s like they are happy to take their wage out of EVG but don’t want to put their own money in.
What’s interesting when looking at the Director deals, no Director has bought shares in EVG for 8 years. And the share price 14 years ago was £1.50 a share! Share price is 99% down in 14 years. If someone bought £5000 worth of shares in EVG in 2008 they are worth £50 now. Disgraceful. They really do not seem to care about shareholder value. Huw said they did but he clearly doesn’t. They treat shareholders with utter contempt. They don’t keep shareholders in the know about anything. Who knows when then next money from Stalicla is coming.
DS, wow that’s quite a holding. I really do hope things work out for you here and you at least break even or show a profit. I can’t fault you for buying in when you did, I bought in at that time and was absolutely sure I had found a share that would double or treble my outlay at least, they had £10m in the bank at that time, announced the Stalicla deal which would pay $6m by end of 2023 (and the deal was worth a huge amount) and had lots more irons in the fire, I was sure I was on to a winner.
If EVG announce they have received the $5.5m from Stalicla in the months ahead I’m sure that will help get the share price to around the 3p mark.
The thing with Huw is that he could make out a clapped out old Datsun Sunny is a vintage sports car. Everything is brilliant with EVG, even when Juvenesense pulled out he made it a positive that EVG were looking for more lucrative deals than that. Yet a few weeks earlier EVG were saying such positive things about that partnership.
I’m starting to think Huw maybe xxPoorInvestorxx as they both always ramp everything and make out things are very exciting.
But should I tell you what I really like about xxPoorInvestorxx?
DS, I remember you saying back in late 2022 that you bought a million shares in EVG. Do you still hold a million shares in this? If so what sort of paper loss are you showing and how do you feel about your investment? I mean you must be frustrated by how it’s going?
I bought in at an average of 4.7p and sold out at 2.55p. It has been the right move. I don’t personally see any reason to buy back in unless a lot of clarification happens on guaranteed future payments (and not just pie in the sky statements) and new contracts signed.
Yep, sadly it has not been a good year or so for EVG. Very little communication from EVG as well. Big year for EVG, should answer a lot of questions this year whether it’s got a future or not.