Member Info for Kingalf

It does all seem very strange, they just seem out of favour at the moment. Is the market pricing in this new FSA derivative and the effect it will have on the NIM. That, together with increased provisions for bad debts could all eat into longer term profitability hence the sell off.

One thing is for certain, they are still making billions, and the share buybacks, not a fan but it does help the balance sheet and dividends keep rolling in. Eventually it will turn.

Bob, where are you getting those odds from.

You'll find that they are closer to 99/1 with this type of research.

Sorry to say but this is a sell into any rally. With the share placement hanging over this and no imminent cash coming through it's only a matter of time before these start heading south again.

DYOR, and don't get suckered in with all the hype.

CJ39 I think we should call it a day, we've expressed our views and hopefully some have taken it on board. You'll probably find the die hards on here are financially way to deep into this, and it just wouldn't make sense to cut their position as there is little left to get back. Hope of some transformational news is all they have left.

I do genuinely hope things turn around for the remaining holders, but I remain sceptical.

Time will surely tell who was right or wrong.

If he does, they'll only be worth around £10,000 after the share dilution.

Baf3 what a daft comment, there are literally 1,000s of companies out there pursuing the same goals, and probably just as many that have gone under because their product just didn't work. Huw 's latest casualty is a prime example.

If you are trying to stick moral label on this, maybe take your concerns up with the bods, let's face it their extortionate salaries are hardly adding any longevity or value to the company.

What ever anyone says on this site, they are all sitting on a loss. I feel for Kight, he is sitting on a paper loss of 700k. I wonder if he has told his partner, wouldn't want to be in that household. Only winners are the bods with their extortionate salaries, roles that they only seem to be doing part time looking at all their other positions.

I wonder if any of them post on these sites, looking at some of the ultra positive posts even after this disastrous share price move I wouldn't be surprised.

The way to look at this share is similar to a never ending TV series that is past its best, the final few series of the walking dead come to mind.

They give you just enough to hook you into subscribing for another season which again disappoints. A placement is inevitable around February/ March time, the incentive is the Stalica payments which I personally don't think will ever materialise. They will not risk leaving it to the last minute, as just before the last placement, expect a flurry of positive news at how wonderful things are, but the true litmus test is have the bods bought in

I care because I don't want unsuspecting investors sucked in by all the biased dribble that emanates from this site and from the bods themselves.

The shares have dropped around 80% since Huw has taken over, never once has he publicly apologised. He says they can't buy for legal reasons which inturn sucks in more punters because they think something big is about to be announced.Our CEO is great and has a track record, if you care to look on company house, of being at the helm of failed companies. This is my opinion so please do your own research.

I'm sorry to hear about your loss.

To be fair if you took at face value all the all the news coming out of the company and the on these sites you would have thought you were onto a winner.

another company linked to huw has gone under.

he should approach marvel with a film script about himself. huw destroyer of companies.

on a serious note, that could have been the reason why he couldn't buy shares, couldn't be seen to be pumping funds into evgen while his other company was on the brink.

still back to the script, i'm sure he has plenty of ammo left in his ****nal.

Well my doubts raised by the bods moving the juv royalty payment date further and further away have been confirmed. It's all on Stalicla payment now, but as I've been saying for several months and CJ39 alluded to it earlier, another share dilution in around 5 months is inevitable as I can't see a payment ever coming through. With supposedly so many irons in the fire the severity of any share price dilution all comes down to a successful Stalicla trial. The 1p mentioned earlier could well prove to be over optimistic.

The bods are clearly milking this for all its worth, if they really had shareholders interest at heart they would reduce their extortionate salaries.

1/2 year results due on 28th.

Expect some hefty profits running into the billions.

No guarantee the share price will go up though, infact could well sell off again depending on their interest rate margins, which should have gone up and deposit outflows which again should have improved.

I would hope for another decent special dividend, we shouldn't get much criticism from the government especially with their 40% holding but again nothing seems certain these days.

These are so close to the 2.85p gap, it's really hard to imagine they won't mark a new low. One slight positive a hammer seems to have formed on the candle sticks. Then again, the volume is so thin that the MM may have actively created it to suck in some unsuspecting day traders.

Forgot to mention on my last post.

All the commentary in the media seems to focus on people with mortgages and debts. Let's not forget the many that have neither who are greatly benefiting from these higher rates. Could well all balance out

I've been reading MikeS02 & Giraffe4444 and both make some plausible arguments. Being a holder I'm more inclined to side with G4444.

The downturn was pretty much triggered by what was happening in America. As per The ft article they have all just now passed a stress test, BOA paper loss on its treasury holding looks horrible but the market hasn't reacted, infact the price on US shares has gone up especially when they all announced an increase in dividend payments on the back of it. I'm therefore thinking we may well have hit a bottom, admittedly there are is a lot of uncertainty regarding the economy and therefore provision for bad debts, but the free money keeps rolling in to compensate. I personally think we are entering another golden era for banking shares, the market just hasn't digested that yet.

As regards the results on the 28th July, I could well see another special dividend.

Toiboi - if the funds run out in December 2024, when would you envisage they tap shareholders for more funds. They are definitely not leaving it to the last minute. Just for your guide they still had around 2 million left on the books when the called the last one, so my estimation of the first quarter of 2024 is a very realistic probability.

Sorry DSFLAT, but a placing is definitely on the cards, I estimate in around 6 months. So unless extra funds from STALICLA SA. or juv start rolling in, which going by the latest set of accounts they don't expect anytime soon another share dilution is inevitable. Such exciting prospects but still no bods are investigating, really make you question their belief in the company. Still, I say 6 months, they could well announce one well before then especially if they think the price is heading down.

A flurry of news preceded the last cash call, could there be another imminently ?

28th July.

Hopefully a nice juicy dividend will be announced which will certainly take some of the sting out of the recent share price movement.

With rates where they are, I personally feel we are back to the glory days for bank profits. Obviously the markets don't think that so probably more weakness. It's hold your nerve time for great dividend payouts which will eventually be reflected in the share price.

If you're of a nervous disposition it could well be a blood test moment. When you're about to have a blood test you look the other way, come back in a few months it'll all be fine by then. Hopefully!!!