focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
KonarA, you are correct to a point - the Investor presentation was for existing and potential investors. Potential investors cannot attend the AGM! Perhaps as Vdog suggests they have no need for new investment - we can but hope.
I e mailed Scancell about when the proposed Investor presentation was to take place….nothing! If they can’t tell me, or don’t know, simply reply accordingly but to not reply is very poor indeed. Some people may think it’s a relatively minor matter but corporate responsibility at all levels starts at the top and feeds down - it doesn’t reflect well on the company IMO
Chelsea, I don’t disagree but the point I make is “tell us” - don’t propose a presentation, cancel it and say absolutely nothing! I ran a business with effectively 5000 shareholders and communication (with shareholders) was always near the top of the agenda.
Thanks for your response TF, I tend to agree with your first point that Scancell is getting it’s act together - it’s just disappointing they have not followed up on the proposed Investor presentation - perhaps they now have no need for new investment….we can but hope!
There have been several posts over the past few months where respected posters have suggested Scancell is “getting its act together”, good recruitment in the right areas, better communication etc. I want to believe that, but tell me who thought it was a good idea to announce the results on 12th October, plus hold an Investor presentation that afternoon, only to delay the results until 24th October, delay again until 31st October, and then provide no further update whatsoever on the Investor presentation?? I think this is very poor and gives the distinct impression of uncertainty…the very last thing we need! Why ask for questions and then not even make a statement to the effect these will be answered at the AGM ( not much use to potential investors) or the IP will be held later in the year ? Please will someone tell me I am missing something, or being overly critical, as it just leaves me feeling a touch uneasy about my confidence in the company. I have sent an e mail to the company asking when the Investor presentation will be held.
Vdog, agree with you 100% - external factors seem to dent confidence just as we seem to be getting somewhere. Today someone, in my opinion, is attempting to drive the SP down and create uncertainty,thereby generating further selling. I’m finding it the most challenging share I have been invested in for quite some time, but ‘keeping the faith”!
Miavoce, I agree completely, but our deal maker has been in the job less than 2 months so I’m not sure she has had time to agree anything significant. Not saying it isn’t coming but deals of any magnitude do not happen overnight. Make no mistake I’m not going anywhere as I still believe in the science
I have to be frank and say that I am worried there is something we are all unaware of that is holding the SP back. The recent news is all positive and several posters have listed the potential news releases due before the early part of 2024, yet there is very little movement. Really not trying to be negative but it’s several months since we heard that the SP is derisory ( to most of the LTS it is) yet we are nowhere near 20p, never mind 37p!! It feels like we are climbing up a hill made a sand !!
Bit surprised at the lack of activity so far this week. I anticipated a slight rise in the share price given the expected good news (albeit not sure how good, but hopefully something positive) but nothing. The suggested funding issue might be a cause for concern but just wondered if some of the more experience investors have any thoughts?
While I am hopeful the news will be very positive, I have been disappointed on several occasions before when the SP has barely shifted on supposedly good news, consequently I would temper expectations somewhat. Otherwise if it’s not as good as some of us anticipate the SP will go into reverse…again!
Point taken Violindog, but I’m just not convinced they know much more than we do when it comes to assessing the true value of Scancell. As Bermudashorts points out Panmure Gordon estimate 23.2p while Stifil are at 30p. Given recent developments my gut feel is that they may all be on the ‘light’ side, but that may be wishful thinking on my part!!
Scancell review article “what do cancer - specific T cells see?” published in Discover Immunology has been selected for inclusion in the “High Impact Collection” highlighting research and reviews from across the BDI portfolio of journals. Apologies unable to link. Very quiet otherwise!
Matt, Business sales and communications 0/10….couldn’t agree more. I certainly don’t blame anyone on the BB for my investment decisions . I read each posting with interest and happen to think the exchanges on this BB are often informative, well researched and most importantly lack the vitriol you often get on other BB’s. I just find it difficult to reconcile LD’s enthusiasm and positivity at the AGM with where we are now - something doesn’t add up……but what do I know!!
Well I’m “holed way below the water line” and the only good thing is that I have no real alternative but to hold on and hope for a change of fortune! If I lose the lot it will be a very painful lesson. I’m not that naive that I didn’t expect the SP to fluctuate quite a bit but I just find it hard to believe we have gone from such positive narrative from the CEO and Diggle expressing such excitement in the company last November to where we are now. As I say it’s a really sore one to take!
Hi Cleanerworld, great find and fascinating to hear from the patient, but particularly Prof Ottenmeiser - I’m certainly no expert but it could well be related to the Modi 1 trial - it sounds very like it. If it is then fantastic, firstly for the patient, plus Scancell and their investors. Adrian Taylor must literally pinch himself every morning - he embraced the trial as he had run out of options, but it sounds as if it has been hugely successful, indeed Prof Ottenmeiser was very hopeful his lung cancer would disappear!!What a positive statement to make in a public forum! !Even if it’s not Modi 1 it’s fantastic to hear of a treatment that is getting on top of this terrible disease….fingers etc crossed!
WTP I hope I’m wrong, of course, but to release potentially ground breaking news just as we enter the prime summer holiday months could IMO dilute the impact somewhat. As I say just trying to temper my expectations of an imminent RNS. As Crumbs however said it’s not all about ModiFY so here’s hoping.
WTP please don’t get me wrong, just trying to temper my expectations ! Almas, you make a good point - just doesn’t feel like the right time to be releasing really positive information to me and can the expiry date not be moved??
WTP that is why I think Lindy will want a significant amount of, hopefully, positive data before announcing anything. Very much doubt we will hear anything for quite some time and certainly not now as we head into the summer holidays.