Member Info for jamrock

Davand
They Know how to Covid tests lol. YGEN couldn’t even do that!. From a pregnancy test company turning over 35k to making millions I think the record is a wee bit better than YGEN. We don’t know how new products have sold either but we know YGEN Is like FTX of crypto lol

Davand
YGEN market capital 3m. Mhc is 13m. I don’t think YGEN in a position to fend off a hostile bid with cash and new shares. MHC results due very soon so wouldn’t be surprised.
The alternative is for investors to take up the offer and continue to poor money down the drain supporting a board that have killed shareholders value a destroyed a once expanding company.
I’d start by have a vote to dismiss the board and a takeover would inject new life.
MHC run prudent by a woman called Penny. Maybe that’s YGENs problem with a lot of testosterone led inner fighting lions. The Chairman was cute jumping ship

Today you can buy at 0.37p. Why throw money in if capital raise is 0.30p. An offer at 0.90p less than a penny gives 200% return. What’s the options and how many people have deep pockets at Christmas for capital raise. Directors have destroyed value and now insult share holder. CFO sees the light and turned his off

Mhc is cash rich and the Chairman holds the key. Mc has made it easy. It’s like watching Argo in crypto collapse. If they don’t sell up who would invest good money in new shares!. The vultures will take the parts worth anything for nothing from liquidation. It’s happened many times. Look at McColls etc

Why didMHC recently have the vote which was passed unanimously!. Did the Chairman alert them to the struggling YGEN he bailed from. Are we going to pounce on them and steal them for less than a 1p offer. Would anyone elaborate on the likelihood.

With MHC pinching the Chairman or a case of him jumping ship I’d expect they are the company most likely given they are cash rich and recently had a vote which allows them more flexibility. Not sure a premium of 5p would appeal. More like 1p.

Bakky why would anyone pay 0.40p a share when they can subscribe at 0.30p! Also at the end of paying just look how many shares will be floating. Serious dilution and also the board are probably only investing their wages. A massive mess up I think. Why not 6 months
Ago.!. Totally got
This
Wrong

I noticed even at these levels no investor has a buy recommendation. Surely there must some mileage at these prices

Adam Reynolds is Chairman at MHC. I’m sure Penny over will be looking at YGEN will the insight information from Adam

London Market
Just think if MHC is smart they could take advantage of the downturn to expend rapidly. Cash is king in a high interest rate environment

London Market
I think he new the situation over there but surely Penny monitors things more prudent. I wonder if she has something up her sleeve

Bakky what’s your take on MHC who appear to be run by a woman called Penny who seems to doing a great job and results due soon. I’m invested over there. Not sure if you were!

Seriously YGEN has a market cap of 3m and cash of 4.4m and a take out of either Abdx who had a positive update on Monday or YGEN is definitely a smart move. It’s like what’s happening in the sector. We have our results soon and if our results are good and give the cash positive situation then surely our board must be licking their lips

Ronnie
Two years ago it was 20p and people said that then so more chance now I suppose if it’s around in two years. A loan from management so effectively they hold the company to ransom when the shutters come down. At this price I would write the loss off

With that share dilution it’s one of the worst management fcuk ups in company who’s shares have been up to over 20p. Absolutely incredible. No way I would throw good money after bad money

Bakky if I’m correct I recall you saying and questioning the authenticity of the Covid tests. I got out after listening to you if I’m correct and we were in double figures. How did you stay in in. I’m shocked if you did but thanks for helping me make my mind up to get out over 12 months ago

Have you seen the collapse at YGEN. Crazy. Surely snapping them up on the cheap may not be a bad bet. Just hope we deliver because all them companies had great potential but it’s gone wrong somewhere

Rkbeeeper
Hope you had a great night but I still would like you to answer the question I put to you yesterday. I know someone with your intellectual intelligence is definitely capable and being conservative and is a bit of a cop out. Curious to have your valued opinion and given your strong buy over the a period of time it’s reasonable to ask for an answer to my question yesterday and know your a smart guy.
Bless

The bottom line is since FTX the flows into Bitcoin has dropped 50% and the cost of producing a bitcoin is still rising. The price in bitcoin has dropped from a high of around 60,000 to 16,000 so it’s clear it needs to inject some positive news otherwise in 2023 we will see many Argo blockchain stories. Producers of Bitcoin burning through cash quicker than FTX was robbing it.
Quantum has a golden opportunity to capitalise on the demise of Bitcoin in a relatively early stage but lagging in support at the moment.
For me it’s a situation where timing is the key to success and succeed and FG must realise his word needs to be his bond. Deliver 30% faster and more energy efficient and he’s the legend within crypto and blockchain but failure and I hate to think!. He’s committed him self in the last RNS so now it’s time to install confidence and bring in new investors but potential is immense if execution is perfected

Eddie
I think everyone takes the the lows and 10 bags and it’s over 8p. If only Christmas was that nice. On the other hand it’s been done before in many shares. When does QBT 10 bag !