Member Info for grouchomarx

Sorry Valju I’ll not disclose. I’ll just let you buy me a drink. ;)

Good morning Fred. Also, I became aware of the fact that I had become very biased in a negative way. This BB is suffering from “kick them when they’re down”. Understandable as people are looking at losses and a downward share price trend. People have become so biased that in any (positive) RNS they only see confirmation nothing must be going on regarding 401 deals. Which may or may not be true. But as the business model is “outlicensing/partnering” and directors hold a lot of 4p options (which would make them a lot of money if a 10p share price became a reality), Iooks like enough incentive to get a deal done. Anyway, just my 2p. Holding more than enough if/when a 401 deal hits the market. BOL.

If price drops. I know, a lot of holders say that’s what they’ll be doing. I will. I like taking risks if the risk-reward ratio is great. I believe that to be the case concerning VAL. Firstly, they want to outlicense/partner, it’s their business model. Then I’ve given the Align Research a better look. They’ve come up with a NPV of 10p per share (using a succes rate of almost 50%, 10% royalties, a 12% discount rate and a 1% market share (growing to 10%), 10 years). That looks like acceptable numbers to me. Looking at the current share price (1.5p) and NPV (10p) and translating that to the implied succes rate (c.p.), the market is saying “we believe your succes rate to be somewhere between 7-8%). So the market is paying for a 7-8% succes rate. Do I feel that’s not enough as the succes rate should be almost 50%? You tell me. (I like the odds here).

Maybe. A long can lose 1.3p and that’s it. A shorter, well, I would not want to be in his shoes if a deal ... Why would one risk shorting a 1-2p stock?

I think it are just nervous investors losing faith. I feel not much differently, probably because of the constant negativity. “Better sell out now, don’t want to lose it all” thoughts. Strongly felt that I should sell, exactly the reason I did the opposite. :)

imminent. Alas I’m a holder as the share price doesn’t reflect the probability of a deal being closed soon. Too much time has passed since the “rapidly” ongoing discussions. There’s always someone somewhere in the know about any progress being made. The share price seems to tell no progress is being made. Also I do not like the NON-RNS and the paid for broker report. Too late to sell now though. Guess I’ll have to wait for an occasional good day. Not trying to be negative, or deramping, just being realistic. The simplest explanation for a deteriorating share price is that a deal can not be expected (short term) while investors expect an issue of equity.

Added.

Agreed. This should rerate (soon).

https://www.today.com/style/laura-ashley-urban-outfitters-serve-90s-nostalgia-t134793

Looks like MUI is serious about making Laura Ashley a lifestyle brand (adding hotels, spas, tearooms etc.). MUI reorganising and it appears LA will be (remain) one of their core businesses. Good news imo. MUI chief executive officer Andrew Khoo Boo Yeow: “As for the business transformation part, Andrew reveals the group is steering all the brands under its umbrella towards a “lifestyle concept”. To me, it is not just about owning a collection of established brands, and not just about being in the retail, hospitality, property or food space. We want to start becoming a lifestyle business, and tranform our brands in line with that direction,” he explains” (...) “According to Andrew, retail and hospitality will remain the driving engines of MUI’s business, but the way these segments grow will be lifestyle-based, as the group seeks to find a unique selling proposition that works. For its Laura Ashley brand, for instance, the transformation towards a lifestyle concept is already evident in the United Kingdom. Besides women’s fashion and home furnishing, Laura Ashley now operates cafes and hotels business. The next phase for Laura Ashley, Andrew reveals, is to venture into the spas business.” HTTPS://www.thestar.com.my/business/business-news/2018/06/30/rebuilding-mui/ (Posted by greedfear on advfn)

“Our cash position remains robust and we are positioned to deliver significant clinical milestones across our therapeutic programmes during each of the next three years."

Forgot to give my opinion in my previous post.

While share price reflects a negative pipeline value as it’s trading below cash position. It’s a crazy world.

Otherwise I would definitely go for one of the US uranium shares. UUUU and UEC for instance. I believe the Donald will force US nuclear energy companies to buy their uranium locally (matter of national security, 232 petition local producers). UUUU has great vanadium properties too. Putin most likely is going to hurt USA by forbidding russian companies to supply USA with uranium. Perfect storm developing.

Out too. Don't like this. Also Global URA ETF is rebalancing its portfolio. Currently BKY is 3.8% of their portfolio and that's got to be scaled back to 1% end of july. So approximately 18 million BKY will hit the market. Not looking good. If you don't know what to buy GCL is a great choice imo. BOL.

Because of the 232 petition and because they have vanadium deposits I�m overweight in Energy Fuels (UUUU).

Thank you for checking. Must say that I'm even more "worried" now. :) URA might not even has started decreasing their BKY position (as I believe they will c.q. have to). Other uranium plays had a great week, BKY is lagging. Anyway, BOL holders. Position: long.

One can buy 100k @45.25. No problem. I guess share price is not doing that well compared to other uranium plays because URA ETF has changed their investment strategy. URA ETF is decreasing it's holdings in small and iliquid plays.

Five suppliers of modular buildings have been selected by the Football Foundation for a framework worth �150m to supply changing rooms. (...) The chosen companies are: Ashley House PLC (...) www.theconstructionindex.co.uk/news/view/five-win-150m-footie-changing-rooms-deal

Ashley House Appointed to £225m Education Modular Buildings Framework . http://www.ashleyhouseplc.com/wp-content/uploads/2017/06/AH-appointed-to-Fusion21-Framework_140617.pdf