Member Info for Ghia

The Pi is their own worst enemy and terrible at managing expectations.

Covid results blew everyone away

COPD data is strong but you have to remember the context these are people with severely impaired lung function. The yard stick for success in this cohort is not a headline 79% figure, any statistical trend pointing towards improved lung function could mean all the difference in this cohort.

espritdesc - Agreed just as a share looses PI's along the way they also loose ii's it's all part of the market liquidity. Decisions vary base on situations beyond a single share or market.

As you perfectly pointed out the entrance of Venrock and Tikvah is a bigger statement than the reduction of lansdowne.

The pieces of the jigsaw are all coming together. ii's manoeuvring themselves before the next inflection point.

We can debate all we like about wether the virus is weakening and if a second wave will or will not result in further lockdowns and significant loss of life.

But there is one fact we cannot ignore, institutional investors are buying up large %’s of the company at £2+.

They have done their due diligence and obviously believe the future for SNG is positive.

For what it’s worth I fear that this winter will be just as bad as bad as before. With schools and universities the transmission zones.

The current trend amongst secondary schools is to bubble year groups into zones of the school. So as many as 200 pupils interacting with limited social distancing. The staff then jump between the bubbles to deliver lessons and are supposed to social distance from the kids.

If one child is infectious the whole year group has to self isolate and you better hope non of the staff get infected since they would transfer it from bubble to bubble.

Difficult times with no obvious solution.

Dave - Agreed I expect there is a situation putting a block on news. Most likely licensing or takeover deal.

Hi Goose - Great to hear from you again, ETO (Estimated Time of Opening) for the malt is 14th Sept.

September is going to be an exciting and restless month on many fronts!

Finally another TR1 which many of us had expected for a while.

Sorry for pointing out the obvious and other have mentioned it already but this is another cracking sign.

We now have 11% of the company stock held by II’s who bought in above or around £2

Lansdowne and licht pushing 16% combined they are sitting on large gains but both have top sliced recently so assume they are holding for the next play.

Polar on 5.5% bought before and after results so on reasonable gains but seem to be holding for now.

The directors hold 2.6% combined which ain’t going anywhere yet.

We also know there is at least a further 3% of II holdings spread across Several funds under the threshold Milton being one and arctic another recent addition.

What does this mean? The free float is evaporating fairly quickly I don’t begrudge anyone selling as long as you realise those shares are going to sticky hands and it will be a wrestle to get them back later.

After today’s TR1 I’m going to buy up anything I can below £2, of more II’s want in I don’t want to make it easy for them.

No offence my fellow PI’s but the more II’s at this stage of the game the better.

Those who have patience will be rewarded.

John - Enjoy the 911 they are an engineering marvel.

If you ever study or read a book on vehicle dynamics you’d understand just how much engineering and creativity has gone in to getting the thing to stay facing forwards.

Y-Alam- My intention was not imply people are stupid to hold I’m sorry if it came across that way.

I’m not a huge fan of trading in and out of my plays because when I like the long term picture of a stock I’m content to sit and watch the swings.

I did however feel the direction here was easier to call than most so I dipped out and will dip back in at some point this week, no intention of trying to hit the true bottom.

For those that held it will be water under the bridge once we hit the next patch of news in a month or so, this is a quality stock.

Looks like Arctic Aurora LifeScience I USD have taken a small stake in SNG below the reportable threshold.

200,000 shares

This was sign posted.

Board talked price up using loose timeline for Stem as the bait, got their placing and then fessed up that Stem was still a few months away.

No way this was going to hold the £1.5 point on little to no news flow looks like I’ll get my buy in around £1.2

Lots of potential here just have to pick your entry.

Noix - That’s not strictly true is it. They won’t have a treatment for CV19 since it’s not an antiviral. Rather they will have a treatment for the cytokine storm which CV19 can cause.

The story here is great but I don’t think this will be a front runner for Covid IMO.

Very happy to see this making solid gains it was a no brainier investment at 40p.

Macosta - Just to put your post into context you are forecasting that Venrock will suffer In excess of a 96% loss.

That made me smile thank you.

3 fool articles in quick succession, speculative trial update released without accompanying RNS hmm.

Be brave when others are fearful, rightly or wrongly I’ve just increased my holding here by 20%.

I’ve freed up some liquidity for tomorrow RNS or no RNS it is likely to be volatile tomorrow.

As I said early Sharesting feels very much like dejavu the board falls to pieces and the mother of all RNS’s lands.

Woodstock - I’m with you on the economic crash, this week I’ve heard of 5 companies I deal with starting major redundancy plans.

I have an open position I’m recruiting for and receiving 100’s of applications from majorly over qualified people, despite the role being fairly specific and technical.

Sorry Bee I meant the combined volume of trades delayed from yesterday added up to 1.7mil volume.

The largest single trade was 75k or roughly £150k.

Some chunky trading likely to be a mix of buys and sells.

1.7mil volume just popped through delayed from yesterday.