Member Info for Kingalf

I'm thinking Kight interest in Evgen has nothing to do with SFX-01, aim could well be to buy a shell company with a very healthy cash balance, and then incorporate it into his own business. He would have the funds needed to expand his own venture with the possibility of a further 10.5$ coming through in the next 12 to 18 months. Basically buying cheap finance

This share should have a buyers beware pop up come up every time you consider buying. IMHO everything is designed to keep the gravy train moving along. Once the BOD start buying substantial amounts I may change my mind,

I've just read the article, little confused with the following
"CD&R has plenty of time to consider its options, as the deadline for it to submit a new offer isn’t until early August, the people said"
I thought they had until the 17th of July ?

Completely agree with you Rader, mm certainly has ramped this share up over the last 14 months.
How many on here were influenced to dip their toe in on the back of what mm posted, they'll support him to the end, because admitting he was wrong crystallises their own incorrect judgment.
How anyone on here still backs him baffles me, posts such as the old CEO leaving to make room for a clean takeover of the business to linking the drop in covid deaths in Scotland last July as conclusive proof that SFX-01 was working. All the while castigating anyone who mentioned a new placement or a drop in price.
Yes, buying these types of shares is very risky, but having someone tell you transformational news is just around the corner week in week out for 14 months plus, is downright criminal IMHO.

As I mentioned a couple of days ago, Amazon would not need to bid much above the agreed price to secure the business, only the pure asset strippers will need to pay up but with all the consentions needing to be made that eventual bid may be a lot lower then people expect. Anyone joining the band waggon at this late stage may well be disappointed with the eventual outcome.

Let's not get carried away with the buying, we are at least 18 months to 2 years away before any further concrete results are due, admittedly Juvenescence are due to make a $10.5 payment if things go to plan, but as SFX-01 has enhanced its snake oil reputation they may IMHO pull the plug.
As things stand, Evgen will be running out of money in 2023, probably just before a new set of trial results are due, which will give them an opportunity to tap investors for more money. I'm sure they'll have plenty of market makers queuing up to help.

I had contemplated buying a small amount this week, but having reviewed all the dissolved companies Huw had been involved in, put me right off. Still, going by the recent sales I'm sure he has a few happy associates.

When exactly were they informed of the results, and why wernt they released immediately.
Im sure we can draw your own conclusions

The way I see it, if you are looking to preserve the business as is, you can get away with a lower offer and will have the boards blessing as demonstrated by the accepted offer from Apollo.
If you are perceived to want to load the business with debt, cut costs and asset strip you will have to pay up.
Therefore, Amazon will not have to bid very much higher than the existing accepted offer to secure the business, who would staff rather sell to, a consortium saying the right things or a company like Amazon who are existing partners.
If Amazon does decided to buy I expect an offer close to the accepted offer, they really don't need to pay up.

The last one should read
Ardana PLC
appointed 28/06/2006
Resigned 05/6/2009
Company status Dissolved

Huw's career history as a director seems littered with dissolved companies.
Info is derived from Company house records.

CV Therapeutics Europe Ltd,
appointed 18/12/2002
Resigned 18/1/2006
Company status Dissolved

Sinclair Pharma Ltd,
appointed 02/12/2002
Resigned 8/9/2006
Company status Dissolved

Ardana Bioscience Ltd,
appointed 8/10/2007
Resigned 05/6/2009
Company status Dissolved

Arcana PLC
appointed 28/06/2006
Resigned 05/6/2009
Company status Dissolved

I was wondering if this was normal in this field of work ?

B

n1shares, was looking around for an alternative, M&S looks promising, do they own the majority of their stores ?

Ft article today
Apollo said it had not made an approach to Morrison’s board. “There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made,” it added.
As mentioned I've cashed out, potentially another 14p on the upside (2.80), downside 12p (2.54). Just not worth going in now for any newbies out there, give it a few days, let the heat dissipate, any price sub 2.50 will be worth a consideration.

I'm out 2.6672, can always go back in on any pull back

Assuming no further bids come into play overnight, it's my honest opinion that it opens around £2.58p possibly move up to £2.64p with the remaining shorts buying back, I then expect it to drift back down to around £2.54 for the remaining week.
An open at 2.50 or below is definitely a good buy IMHO.
Just keep an eye out for the market in general, with all these inflationary indicators flashing red, it's only a matter of time before the central banks announce some scaling back of QE. The markets going cold turkey will not be very pleasant and will impact all shares.

jedclampit - if you are a shareholder the board must be praying that there are more like you.
It's definitely not a done deal, CD&R could quite easily come in on Monday with a £2.70 bid which would be more palatable to L&G. Fortress investment group are trying to portray themselves as the teddy bear end of the private equity spectrum, making out they are looking out for all stakeholders interests when infact they are asset strippers, whos priority is to maximise their and their shareholders returns.
PAY UP

Pearls, thats my point.
I suggest you re read the post as well as my earlier one this morning.
We're singing from the same hymn sheet.

The execs have gone for the offer that's most likely to be accepted by the regulators, its not the best and certainly isn't maximising shareholder value but it will pretty much go through with minimal scrutiny. The execs have half an eye on their multi million pound payouts once this all goes through, they just have to convince 75% of the shareholders to follow suit, but bearing in mind the recent shareholders revolt over their pay, they will probably have a fight on their hands.

My initial thought was why accept this offer when the likes of L&G have indicated 2.70 plus ?
My conclusion is that the offer has been accepted to flush out all the other interested parties.
Surely CD&R wouldn't just walk away now having been pipped at the post by 800 million.
This is about to get very exciting, eventual price will be in the range of £2.70 to £2.85, and if Amazon decides to join the party we'll be looking at £3.00 plus IMHO.