Member Info for GordonGecko123

So given what you say is correct where is 4m of revenue coming from in thbetemiandwr of the year given the size of deals we gave seen are nowhere near this value and ANs words are only 1 or 2 more deals will be signed in 2024.

Shall we just ignore the last tevveue miss by 200k which resulted in the sp falling from 40p to 10p.

I think your in a minority to think that one isn't coming and it's impact on the sp. I have seen agl fail to many times to take things for granted.

Sales for H1 were well below what I expected and many others but to think 1nor 2 deals is going to produce 4m of revenue I think is delusional.

Again as does not expecting the sp to tank on such an admission. Longer term things might pick up but as of now it's not looking good.

thompi your assessment is correct. it's a bit worrying people invest without understanding the basics. even when the financial year ends. it's a bit alarming. so 5m to find in 5 months plus not all revenue from deals will be recognised in 2024.

bbn you need to adjust tour expectations with this new info and also look at what effect a 200k revevie miss did to the sp last time. this one looks like it's going to be by quite a lot more too.

if an is going to be confident right up until he's not. a bit like the placing this year when he repeatedly told i nvestors there wouldn't be one, right up until it was announced. he is looking after his job that's what ceos do if tou have spoke to any.

they won't turn round and go well actually things have gone to **** and you should get rid of me will they.

So you think there isn't a profit warning coming? Even the most faithful are doubting they can find 5m in revenues for H2 given only 1 or 2 deals will be signed.

The raise was done to avoid the cm going concern in the last results given the lack of news since there is a risk of that happening if revenues haven't improved.

On the flip side there is and always had been that slim chance of a game changing deal with AGL if ever one was needed it's now imo

The figures are there for anyone to see. You seem oblivious tojust how bad this management team have been in the last 18 months. What they say and what actually happens have been very different over that period. They raised 11.3m in Nov saying they wouldn't need more money only to nearly bankrupt the company with 6 months.

Things are far from clear here and for me 4 weeks of production doesn't warrant optimism at all, not with their track record.

It may be appealing if you haven't looked into it but for those that do the problems and risk are evident.

They also now have a loan they have to service and are on a going concern basis even after a 8. 5m fund raise. That alone shows the uncertainty here.

Each to their own but don't paint a picture all is going well here, it's far from that

Given they haven't managedbtonstring 3 months worth of decent production together before hitting issues do you really think they can go until. 2026 without missing targets or having issues? Their track record since entering manufacturing has been appalling.

Heres the worrying part in the last 7 months they have spent over 15m of the 19.8m raised in that period to produce a revenie figure of just over 7m in that period.

When you add in the profit margin on produced discs that looks even worse. The scrap rate isn't increasing at the rate they hoped so that blows their forecast up. Their track record on revenie is about as good as their cash management.

I had high hopes for sce but recent events have shown it's just more of the same, vague and confusing news releases. Old management still in place hanging on for grim death..

I have to say the management team is the moan reason I sold up on Friday, simply don't believe a word they say or forecast..

Personally I believe they will need more cash early q1 25. Considering they burnt through 5m in just 2 months since the last raise.

I can see the appeal but the figures look horrific to me and the poor management here just makes it a huge risk imo. Better options elsewhere. I hope I'm wrong but I never felt comfortable with sce even at 1p. Current mkt cap is 20m with a few mill in the bank. Seems highly valued given the issues they have. Each to their own though and gl I hope it pays off.

Some on here say things have improved after 4 weeks that's not exactly a trend.

Totally agree.. Fund raising in this market is dire but it also provides oppurtunity too. For those who help prior it's bad news but a lesson they needed to learn. Only invest in companies that have bit the bullet an d have cash for at least a year, that way good news will drive the sp higher.

The product here is good just look at the names they are signing up and those deals will grow significantly in value.

Anything around the placing price will be a bargain come end of the year imo and I will be buying more in the coming weeks

The fact they probbaly have 18 months cash now is a huge plus and I'm liking forward to more deals and positive trading updates from them. Hopefully once the churn has calmed down for best effect. Gl

They are very odd creatures not sure what they hope to achieve the sp won't fall much more it will level off around the placing price or just above. Dermapi0ng it now won't change that. What they are missing is an oppurtunity as they have cash now. Yes the sp is awful because of the placing but once the placing shares are cleared this will Move and just look at the recent deals signed with more to come.

Some people can't change their viewpoint and miss out. Great oppurtunity here imo.

Like comparing oranges with bricks tbh but get the point. I think the fact most of it was American money is why they did so well with the price this time. Fair play AN thought ahead because the UK markets are awful to raise capital at this time

Apta now looks a good bet to me with cash for 18 months. And some very big clients on board.

AGL I think is heading for a profit warning though so for now I'm staying clear until the Sept update. There's some news to come on the 3 plates being tested but not sure what impact that will have. Possibly a short spike but that warning looks 90% chance to me. Given the impact it had last time I'll wait and see there

I said this would happen and at the discount it turned out. Mnay wouldn't listen but now it's happened it's time to take advantage of the situation. They raised a decent amount considering their mkt cap was under 3m so this will keep them going for 18 months possibly longer if they increase revenue.

Cost cutting directors sensible for the size of company and has no impact on the business

I bought heavily today as I had been waiting for this to happen but beyond that I see a business signing huge players and with a product they want.

Yes it may take a few months to churn the placing shares but fayer that this will fly imo and I expect to see 1p before end of year here at least.

Ignore the idiots and be patient. Take the chance to average down if you can and wait. Look at Gdr, Avacta and others after they did placimgs. I expect this will do the same

Seems stocksaint and some can't read but that's to be expected.

The delay from the 11th to the 31st is so NICE can draw up a rollout plan for the NHS for the system. Don't tell me your so stupid to not understand what that means!!!!!!!

Roll on the news wethwr it's the 31st which seems likely or 2 weeks after the result is the same, get it

yes and that's the biggest issue for me and why i'm staying out for now. this board are bordering on incompetent when it comes to manufacturing. until bundred goes and we can see who's replaced him ill keep my cash safe tbh.

as for the scrap it's currently at 25% which they say is worse than they expected and hasn't changed in about 6 weeks. that's a majotlr concern given the tight cash amount left and risk of other issues reappearing. also worth noting is that the scrap docs can't all be recovered as was suggested by a certain poster who's visited the factory. that is also new information.

what the ratio is and cost and or how many discs that have that can be recovered is still a mystery then. unfortubtaley with sce you always get half a story and only find out the truth when the **** hits the fan again and they can't hide it any longer. that's my reason for staying you need to be very careful here still, it's far from out of the woods and why the sp is falling back.

there's time to wait and get a better indication of how things will go before rinsing tour capital here. i get it's compelling with the 390m order book but if they can't make a profit on the discs it's not a viable business model.

on that note if you read the brokers note you will see next year is expected 30m turnover and a 3m loss still. that's quite concerning in itself. to me it's says basically everything has to go to plan perfectly for 17 months or it's back for more cash. i think that is unachievable given they haven't managed 3 months of production at a decent rate and scrap level before hitting issues.

good luck for those taking a gamble but don't mistake it for anything else at this point. there are so many potential problems that can mess up the plan and mean they need more cash again and for me that is the crux of the problem even at these levels.

apologies if any typos i can't scroll up to check them on my phone for those who think gammer and punctuation matter more than knowledge.

Davey boy you and your oxnspiracy theories again, get over yourself it's quite sad.

Meanwhile the sp drifts lower and IM not present at the agm, is she moving on already after seeing the state of the accounts at sce. Like I said be careful here. Might be worth a punt but they are sailing close to the wind still

Let me put it to you in simple terms tou might understand. They have burnt through 15m in cash in 9 months and spent on the capex loan on top of that to double revenue to a measly 4m a quarter. Not exactly a profitable business model is it. Plus they farmed out to to hit that number.

I can see some are blind.

This management team have resided over a total destruction of shareholder value in the past 18 months. They have failed to produce the discs at a profitable level and after firdays broker notes have stayed they will still be loss making next year on 30m of revenue if they can make that many.

They are still producing 25% scrap which is 10% above their target set only a few months ago.

To show the level of incompetence here they raised 20m in Nov and blew it to the point they had to almost halt production due to being unable to pay suppliers and had to raise avian at 1p in desperation. The same bod is there and not been replaced.

From Fridays rns they have managed 1 month worth of production at a reasonable level but got theoug 5m of the cash raised allrwady in 2 months.

Be very careful taking anything this management team says as read they are vague and lack detailin their news articles and have. Agabbit of finding new ways to mess up..

The potential is great but the management some of the worst I've come across in 35 years investing.

Is it worth a gamble, maybe but I sold out on Friday on the spike simply because of the same management in place and the amount of cash used in 2 months, along with high scrap rates still ongoing.

From here the slightest blip will see them needing more cash and their record is appalling so hard to see them succeeding.

One for the gamblers out there imo.

Obviously has his own agenda here. Probbaly a lab technician worried about his job.please tell me why NICE would be devising a rollout plan for something they aren't going to recommend?

Beware people with their own agendas. Stick to what is known and anyone who has bothered to email NICE will know they are preparing to roll out GDR's tests as they are far cheaper and faster than lab testing. Plus it is 100% accurate so human error is eliminated as much as possible.

Dyor and ignore people who clearly have a goal here. Sp will start to rise again, today's pullback almost completed the fib retrace so might head to 6p next. Look at the chart it clearly shows 6p first target and 14p second target here. NICE announcement will see one of those targets hit imo which one depends where the sp is prior to the rns

Emerald

I'm struggling to see how they can get the extra 5m in revenues for the reasons I've given below. The way deals are structured the majority will. Now fall into 2025 and the size of deals needed is well in excess sof the size even AN has said for stage 2 deals let alone new ones. With only 1 or 2 due to be signed in the remainder of the year I see it as highly unlikely.. Whether sales can make up a good amount remains to be seen but from. H1 that number was disappointing too. Sorry if you don't like my negativity but it's stood me in good stead with AGL over the years as many long termers will testify.

Liam I think your developing some of Mr Newlands hype here. There may well be some news coming but whatever it is has to fill the 5m revenue hike they are missing to achieve the target they set for 20224.

Its unlikely whatever deal they sign will manage that now and so a profit warning like the one that saw this fall from 40p to 10p is coming.

The gap you mention has been there for around 18 months and not been filled so unsure why you think it will now. Yes there is some news coming but it's revenue they desperately need and that's not appearing fast enough. By AN's own words the phase 2 of the AZ and eisai deals will only be in the range of 1.5m so still short of the 6. 6m revenue target they have set.

I'm sire we will find out in September what the state of play is here.

Just to clarify as PH are the house broker they don't need to notify the market of selling shares under 10% so nobody will ever know what they are golding unless they decide to tell us. Imo they sold out completely and that allowed the shares to rise thereafter. If tou watched the trades and volumes you would have an idea that this is what happened.

Another good day, the fall would be the shares consolidating after a strong rise the last few days. It's been an amazing rise which has allowed profit takers to sell and brought in new buyers expecting gains from these levels. This should mean there is a lot of support around this piece stilll.

Meanwhile we get closer to the NICE news whilst all this goes on. Mkt cap 25m still looks very cheap and why there are plenty of buyers at these levels

That doesn't explain the sp falling even after several new contracts. If what you say is likely to happen why don't so many other companies do it when they need funds m the reality is it doesn't and a fund raise is the most likely option. Trying to raise 2m with a mkt cap of 3m and under will require a significant discount. I look forward to buyingonce this is announced and having a very low entry piece compared to the rampers who are in denial

Yes at least you admitted selling but still poor form then going extreme bear when nothing has changed except you sold to early.

This could hit 5p tomorrow it's going to open up and keep going again imo finished the day at a high and plenty of buyers looking for 10p plus

Mkt cap 22m today with 6m in the bank it's worth multiples of that and why the clever ones are staying put