The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Isnt the bad news the bod and how they've 'run' the company?
Someone more adept at shafting companies than LR?
Shocking to think a 5M sell today at 0.3 - £15.5k was worth three quarters of a million pounds this time last year.
It may seem cheap but the persistent seller thinks otherwise.
"there's an opportunity for a suitor to sweep in and pick up a great business"
Is it that great? It's presently losing money hand over fist...
Won't they need another £5M v. soon?
The Ranger tech may be 'cheap' but is it really when you also include the servicing costs?
For you maybe.
How to cut the flab?
It seems to take 250 employees to service this 'tech'.
Doesnt make me see instant profit.
Hemo. Why would any company want to buy YGEN?
YGEN is a flabby company losing money hand over fist with no shame and no seeming desire to change.
Unfortunately a dilution that is likely to be repeated every 9 months.
It doesnt look good here...
The BOD should hang their heads in shame.
Blimey TREADWIRE. Lighten up.
GLTader.
Are you really still touting this POS as a strong buy?
Blimey. What a 5hit 5how.
The BOD seem to have absolutely no idea what they are doing.
They want £5M and say it will only last 9 months? FFS. No shame.
"EBITDA losses for the financial year would be in the range of £3.5m - £4.5m. As described above, the Company is
continuing to reduce its operating cost base with a view to recovering the recent margin erosion and returning to
positive EBITDA in the next financial year and achieving positive free cash flows by the financial year ending 31
March 2025."
So another 2 years of B.S then with associated yearly f.u. ndraises?
Epicaricacy not schadenfreude threeskins... Jeez.
Tuppence a share doesn't evoke feelings of megalab
Was the acquisition of Coastal, Elucigene and ADX through YGEN share equity?
Maybe there is a large sell order in the background.
Certainly looks like it.
' based on improved working capital management and restricted investment activities.'
You really mean a no then...
It could allay any market fears regarding operational cashflow.
Maybe IIs would only be interested investing at a particular price hence the slow dribble down...Purely speculative thinking...
Maybe they know what tomorrow brings...
A placing?
Is it really huge selling?
Looks more like a natural settling to a level where there are buyers for the sellers.
Sells have outweighed buys the last few weeks apart from yesterday when there were equal buys.
Maybe if the market saw some serious efforts from Lyn Rees to trim costs, the share price would be different but the market knows the score presently.
If they have a reported an issue with current/future cashflow and need to trim down £5M/year maybe a placing would help and that is why people are selling still.
It is unfortunate but par for the course with most AIM companies in this current climate.
No wonder Barry only bought 5 grands worth.
Let's hope so