No problem then, I figured it was covering shorts or something.
Where do you see DNL going next? I was at the Share presentation in London earlier this month and made a modist investment, now with a 40%+ gain. I could take this gain to more than off set a few loss making investments in my potfolio, or continue to hold.
I'm wondering what could be going on in the background for a 40% increase - with no news or press speculation?
I believe I will continue to hold.
Does anyone have any opinion on todays RNS? A company SPREADEX LTD now has 3% or more voting rights, I looked up the company and it's a financial betting company. Does that mean they are buying the stock to hedge derivatives?
A great week though!
to answer your question, one of the drugs, Alkindi, failed to get a licence or something. This was due to the way the data was presented (according to the CEO last month) and it is expected to get approval in the next 12 months.
Search youtube for diurnal and you can watch the presentation (I was there, the CEO was very genuine through this presentation and after when I spoke to him). I invested as a result and I am very pleased so far.
I attended the Share Magazine meeting yesterday, the CEO came across very well and made a very good case for Alkindi and Chronocort. He seemed confident that the setback in approval for Chronocort (due to the statistical method followed) would be resolved.
He answered my questions after the presentation and was very convincing, I asked about the number of potential patients - in the UK around 45,000 and of course there are markets around the globe.
I also asked for the £6k per year treating a sufferer (who often is too fatigued to get out of bed), what was the outcome - i.e. could they work, could they earn that £6k - yes, they can lead a normal life in 94% of cases if memory serves me right.
I was impressed.
last day to vote at AGM through your platform should be tomorrow, item 24 is the appointment of Bramson.
With AJ Bell, you can send a secure message with your vote(s), other platforms are no doubt similar.
I'm not sure the right term is kicking the can down the road.....it's hoofing it off the planet.
I'm wondering if the markets are getting to a point where they will start to ignore BREXIT until it actually happens - it's become just constant noise.
does anyone have any thoughts on the results due in March? The SP has recovered 20% since December and seems to be in a strong up trend. Some here have a target price of 300p, which is another 10% on todays price, which indicates everyone is bullish on LGEN.
I want to stay long and I am looking for reasons to keep holding prior to the results.
Comments would be very welocme.
I hope you are right, however, this stock appears to be standing still in a market that has rocketed in the last two months;
greggs has gone from £10 to £17, lloyds from 51p to 60p, legal and general from 223p to 270p, to name just three, even a simple HSBC FTSE tracker with very low dealing costs has returned 10% in two months.
I really hope your knight in shining armour turns up, but in the mean time, you are missing out on a massive recovery and big gains on the majority of other stocks.
There are other types of risks in investing, including the risk sitting on a stock which isn't generating a return in a market like this.
This is NOT the best recovery stock, it's a company in trouble, in a sector in trouble, BUT it may have the potential of a big uplift. I watch this stock, but there are so many other choices in market that is currently in recovery.
RBS announced a special dividend this week, LLOY I believe have a progressive dividend policy and share buyback.
Does anyone know whether circumstances could allow a special dividend from LLOY? Would there be competition between RBS and LLOY to reward shareholders for our risk?
I understand that share buyback returns value to shareholders, but that didn't do too much for me (or the share price) last year.
Any thoughts or forecasts?
this is all getting very close, I see a lot of upside on lloy and this is my biggest holding, so the downside would be very painful. I just don't see how the government can put anything in place now.
I think you got a lucky coincidence, very lucky in recent markets! The markets seemed weak yesterday pre-Brexit debate, even though we are no further forward on that subject.
Great if you got your DRIP from dividends. Lets hope things pick up again.
thank you for your balanced post, I totally agree with your view, but I still maintain that I am not a de-ramper or shorter, I simply have an interest in this company.
I subscribe to Investors Chronicle, which allows me to cut and paste articles which non-subscribers would otherwise not be able to access. On the theme of IC, for each share they review, at the end, they list the bull points and the bear points - would buyers only read the bull points?
I also had a reason for joining this board, that is to balance my intake of printed news and factual evidence with some sentiment and gut feel.
There are always bulls and bears in the market, and while we may have strong views of our own, it would be very unwise to ignore the views of the other.
perhaps you should re-read my posts! I have said that what people post on this board will NEVER move the market.
As people have already pointed out, I am unlikely to buy DEB - unless as I said there is a reason to.
If I have posted otherwise, please quote me and provide a link.
Otherwise, please don't let me distract you all from making some factual, informed and well qualified posts on the subject.