Member Info for Gareth3672

Based a billion in sales to Avion per year that is potentially 170 million in royalties to Immupharma (IMM) per year!
https://www.***************************/immupharma-chairman-explains-why-the-avion-deal-is-so-significant/412799711

Based on investment alone, 75m divided by the current 127m shares puts this at 45p minimum, that does not take in to account any funds IMM have or any future sales, if we did take in to account future sales of just one year then is pushes IMM well over the £1 mark.

Should be an interesting day and week next week.

Have to agree that nolupus was correct, I’m surprised each time I sign in and check this share price what a shocker now at 7p nearly.

So many promises of a partnership yet nothing has appeared, those employed or heavily invested in IMM must be worried by now because doing yet another dilution brings this ever closer to 0p

Appreciate we are not quite there yet on the suggested £13 in the RNS for 2021 but we are now trading at margins as we were in 2018 WITH increased sales so £6 is not unachieveable especially with the christmas sales period coming up, there best ever and with world trades looking favorable for the exchange rate against the pound G$M should really do well now.

I am very pleased to report that we have achieved our primary objective for the period of materially improving our gross margins. By cutting out less profitable sales and focusing on higher margin products, we have delivered an FY20 H1 gross margin of 25.2% and a 29% increase in gross profit.

Fantastic RNS!

Sorros... what am I smoking? I’m simply stating what’s in the RNS. Nothing more.

Time for the BOD to start bringing out the good news, if they are aiming for £13 in 16 months then it’s not gonna suddenly be “£13”... so we need news to start rolling out about margins increasing.

Looking forward to the trading update, results in November.

On 13 November 2018 the Group announced a new long-term management incentive plan to incentivise senior employees in a manner aligned with the interests of the Company’s shareholders.

The plan involved the issue of 210,000 'B' Ordinary shares in Gear4music Limited, a subsidiary of the Company. These 'B' shares vest from 2021-26 and can be exchanged on a one-for-one basis for new ordinary Company shares subject to meeting specified criteria, including reaching a specified target share price for 80% of the award (see below), and pre-determined revenue and profitability targets for 20%.

The 'B' shares are non-voting, non-dividend restricted shares. The initial subscription cost was paid by way of a cash bonus that has been expensed in FY19.

Financial year ending: Share price hurdle Maximum number of shares vesting
31 March 2021 £13 27,300
31 March 2022 £16 29,400
31 March 2023 £20 33,600
31 March 2024 £24 35,700
31 March 2025 £29 39,900
31 March 2026 £35 44,100

The share price hurdle being the average closing mid-price in the 30-day period following announcement of preliminary results.

Latest conversion figures have shown that over 46% of leads from the scheme have converted into sales with an average annual premium of £1,800+.

https://www.healthinsuranceandprotection.com/business/partner-content-saga-brokers-welcome-saga-health-insurance-introductions-scheme

Looking forward to some decent results.

October 7, 2019

Saga has revealed details of seven new cruises for 2021, including a headliner 83-night sailing which will be the longest journey yet on its new ship Spirit of Discovery.

There will also be six European voyages on its second new-build vessel, Spirit of Adventure, which launches in August 2020.

https://www.cruisecritic.co.uk/news/4560/

You have lost money and I’m the one that needs to go on a course?....

No one is shorting SAGA, see for your self... https://shorttracker.co.uk/company/GB00BLT1Y088/

Grab your slippers and a nice cup of tea and let’s just see if we get another TR1 over the next couple of weeks. At no point have I said Setanta are “the white knight” , only that they are buying and I look forward to hearing what they bring to the table.

And as for your comment about Pinto having his head stuck up his axxs.... well that’s very hypocritical of you with your remarks today, seriously, your head his so far up yours your wearing it like a hat... I personally look forward to Setanta coming to the table to discuss options where value can be found to boost the share price.

Gotta laugh... seriously ... 9ish today “Saga is a badly managed 'dinosoar' with debt levels that will eventually 'sink the boat'.“.... and then around 3hrs later “I’m keeping my SAGA shares for my Grandkids cause you never know”... :)

I’m glad your holding out hope at least there mate, gives the rest of us hope.

Setanda are nothing whatsoever like the Turkish investor, for a start SAGA have said they welcome talks at the table with Setanda where as TCG wouldn’t even acknowledge the Turk. Setanda are well known for finding value in a stock for shareholders where as no one has ever heard of Neset or the Russian associate.

Come up with something that’s a bit more than theory... every time you sign of with it, we all know your just covering your crack.

Harry cash, how many times are you going to keep posting and then write the same old “all theory of course”.... give us some actual facts.

In the mean time Setanta Asset Management Limited know something more than you do as they just keep on buying!

You don’t work for them do you? Trying to drive the price down and all that so they can buy in cheap?

Harrycash as you say... all therory with no factual content at all.

As much as Standard Life are selling, Setanta Asset Management Limited are buying so I don’t think that will send it down, pretty sure we will see another TR1 next week showing Setanta have bought more at these prices.

With a spread of 30% I’d steer well clear.

I don’t think anyone can genuinely say that’s a good set of results.

Planning permission by end of September... massive tick.
Rig on site drilling by end of September tick due maybe?

Would love to pose the question to SS when are we likely to get off AIM and on to the FTSE? Likely self funding if HH2 goes well, no need to restric the flow anymore what with the planning signed off and deal done with Tellurian.

Rubert Labrum ??