Member Info for DD77

What makes you think there will be a trading update next week?

Based on past performance, I don't think they'll release a trading update until H1 is done in July

Is this subject to Pump & Dump? I don't see a lot of chatter about COG but the price movements would indicate as such. I'm an interested observer and looking for an entry point but will hold off for the time being.

AGL is one that definitely is subject to P&D!

ZAM typically release trading updates shortly before results. Last year it was 4th May, so we shouldn't have to wait too long.

I agree that it's gone deathly quiet here...........but similarly it doesn't take much to move the SP. I remain hopeful. Their assets are many multiples of the MCAP for starters!

I think a period of consolidation is natural and healthy at this stage. We've risen a significant amount in the past few weeks, and there will be some profit takers. I would be happy settling at around 9p before the next ascent. We all know the fundamentals are strong and prospects are outstanding

Good morning all, fairly quiet on this bb.

C4XD has been on my watchlist for a while, but the Sanofi agreement last week really brought it to the forefront of my list to invest in. I've waited until the SP has the inevitable drawback and taken the plunge today. I'm curious though why the company has so little fanfare or why it hasn't been able to sustain it's rises? £91m MCAP is not significant.

The SP has risen fairly substantially over the past 6-12 months but it is still down on 2 years ago. I recognise it's had some placings, and does burn through cash, but that Sanofi agreement is transformational. I'd be interested to hear others thoughts, particularly long term holders?

Congrats Know0, I'm up a similar amount. You may of course be correct with your prediction but I see it differently. The price fell back from 8p in January on a trading update which left a lot to the imagination. The latest results and webinar were far more revealing and reassuring as to the direction of travel. There's a lot of volume going through at present and it's not being massively pumped on the likes of Twitter etc. so whilst you are correct that these things are rarely linear, I also don't foresee a large pullback. Perhaps to 8p but I think the company has some real momentum now and it could as equally rise further to 12p.

All the best
DD

Agreed AJP, my target is 10-12p before I’d consider slicing. Anyway, good day today, nice to see it hold above 8p

Smashing through 8p this morning, good signs

Investor presentation on 29th April, so hopefully we'll get some insight then

Some strong buying today

NCYT ain’t getting anymore UK government money, particularly if they’re in legal dispute. So who are they going to order tests from? Let me think ??

Lots of talk in the media on whether people should take aspirin before the vaccine. It was generally acknowledged that people shouldn't unless already prescribed. This is an ideal role for FF.............if only someone could market it!!!!! Jeez I do despair sometimes

This is in my dog's dinner list

Foolsgold - it very much depends on the share, how I believe it's valued, future prospects etc. Companies that have seen a surge in sentiment are often worth slicing more - I'm invested in GDR and regret not slicing a couple of times, my average is 110p. I believe it will still come good so not hugely concerned but it's definitely underperformed expectations.

In general terms, I would say 20-40% on average in terms of slicing. I sliced 40% of AVCT in 3 tranches recently. That was more than I wanted to but I also wanted to use up my Capital Gains Allowance for the last financial year before it closed.

Slicing is the best form of risk management, and most would say you should slice (as a minimum) the amount you originally invested, so you have 'free carry'. I sold all of my Ceres shares last year. I doubled my money when I sold out at £6.50. It's not trading at £12. I should definitely have left some free carry there!!!

Anyway, good luck with whatever you choose. Locking in profit is never a bad thing, even if you can kick yourself sometimes at what might have been. Best advice I can give is not to get too emotionally attached to a company/share - this clouds your judgement

Foolsgold, it depends on your financial situation and your risk appetite ultimately. If you can 'afford' to lose £9k and it not materially impact your life, then hold. The upside looks very promising and risk fairly negligible. I very much favour slicing though when you feel it's reached a satisfactory level of fair value. Historically I have not always been good at this, and at times suffered. However, I have more recently successfully sliced AVCT, EQT and ETX and whilst it's true I could have locked in higher profits with hindsight, it de-risks your portfolio and locks in profit.

I will look to slice ITX at some point, I have an average of 2.4p and a significant holding. However, I will wait till it reaches 10-12p as that's what I would deem fair value.

Thanks psw, so no material benefit for the PI...........but there's a potential benefit for the company

It won't be manufacturers that will take the lead, it will be key legislation, which is government driven. That's why the petition is key, through driving policy. I see Deborah Meaden (Dragons Den) has been getting behind this on Twitter and Xeros have tweeted her. All good publicity..........but we need governments to take action. Still, momentum is building which is positive

Always useful to get researched opinions Retired Banker. A lot of what you state is sound analysis; however I do think you're underestimating what the growth will be. Growth stocks typically can't be valued by a simple p/e calculation either...........if that was the case then people wouldn't have been buying into the likes of Amazon, Uber and Ocado in the early days! The potential here is significant, and my question on policy determination is important, as I see that being a further driver (which may actually be the precursor to a takeover). However, my view is 10-12p (£40-50m MCAP) is fair value based on what is in the pipeline.

If it was to be bought out, I'd expect it to be significantly north of this, I do not agree it would be agreed to be sold so cheap.

Good presentation, i'm impressed. More launches of detergents coming on stream in 2021, which will only further help revenues, along with odour control and hair styling. Bio-degradable packaging longer lead times but all looking very good. 2021 should see stronger revenues. Production can still be doubled at existing facility if demand requires.

Interesting comment on a payout to previous shareholders of ITX under the buyout?

It appears there is mutual benefit from an improved commercial deal, so hopefully that will gain traction. It appears that other developments in Cameroon with VOG etc are causing some delays as it all feeds into a wider development programme, including the refinery..............so I remain hopeful this will come good still, and I also have more faith with the current lot than that joker Hart