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Good morning David. Hindsight is a wonderful thing as you rightly point out. I have yet to meet anyone who has got it right although there is the occasional fluke. I took Puma's comments as a future buy signal. I had no intention of selling as news could have dropped at anytime. So here we are, with the buy signal now a reality despite paper losses. Those losses are only ever crystalised if we sell. Most of us here have been buying and continue to do so.
You could follow Potnak who believes this will drop into the 20's. You could double your money if it comes to fruition. Sell now and buy back in the 20's. Foresight is far more difficult and can be equally as disastrous. Potnak is predicting the 20's and yet is still buying whilst blaming the Board for providing the opportunity to buy and blaming the Board for the likely drop into the 20's and calling for an EGM in 2025. Illogical in my view.
I always have the opinion that this is a strong buy and indicate as much because that is my belief based on the science and the possible financial outlook for Sareum. The sp currently runs against my beliefs but I am applying what I hope, turns out to be foresight. Better to select an opinion as opposed to "no opinion" and then write a scathing rant indicating that Sareum is rubbish, the Board are rubbish and that we are all going to hell in a handcart. I find that disingenuous or an indication that individuals just want to blame others for their own poor decision making. Anyway I continue to wish everyone the best of luck whatever they decide to do and however much they despair of Sareum. This time next year Rodders!
I can understand the scepticism. I also do not think that the likes of yourself and the other posters you mention have a detrimental effect on the sp - I never stated that. You seem to make up your own narrative to argue against which I do find odd. However, your views are respected as are everyone else's. We have all held for many years and in my case, added except when we peaked and I sliced 3 million at between 6-9p.
The only point I can agree with is comms which could be improved even if only to find a way of reinforcing progress we already know about. But this is AIM and CEO's can go from zero to hero in the blink of a RNS and vice versa. Anyway, we shall all soon know as Ph1a completion is close as is data release.
hi potnak - for clarity you are less than clear. i think hbd summed it up by stating that we really do not know what is going on behind the scenes and we do not know what or whom the bod might be involved with. egm 2025? but still bullish. i get the bullish bit at these levels but i understand you have a bearish view with the forthcoming data. if you think it will get worse before it can get better, why wait until 2025.
personally i remain positive. i still do not have an issue with any of the board. why do you think they haven't done everything they could do to prevent market driven events. there seems to be a widely held belief on here that there is a money tree that our board has totally ignored in favour of rf. if you have actual knowledge then please do share it. otherwise you are being highly speculative with your assertions. i am frustrated that we all seem to have to go through the same commentary's every time there is a drop and everyone jumps on the same subjects time and again. anyway, enough from me as it is clear that not many on here can be reassured by scientific and operational progress and just want to kick up a ****storm. sog has just linked some very pertinent information that allows everyone to see the broader picture. says it all as to what headwinds the board has faced
There is no need for you to over-egg the negativity Surfie. The manipulation we are seeing has nothing to do with the science or our future prospects. Genuine question Surfie: where do you see the sp being in 12 months time?
You are being disingenuous Surfie and you know it. "Massive daily drops" . It is what it is. I note that investors are being asked to pay more for their shares today than all of this week when the bid was higher.
I have already attempted to explain what I think is happening here with regards to manipulation and who is benefitting. I am also buying as I trust the board, I trust the science and I am hoping (due to lack of hard evidence/data) that Sareum will turbo-charge. This latest downwards manipulation has occurred despite 737 deal. Brokers/MM's and RF are trying to mug us all. Wise up FFS
That’s my recollection too Silverfoil. Government departments are a complete mess. Underfunded, understaffed and inefficient. We spend most of our time dealing with computerised responses that are meaningless. I have recent experience with probate, DWP and local authorities. All woeful and the architects of all problems, even duplication. I can imagine Sareums frustration at not getting clear responses and then computer generated letters.
I am in a similar position Krusty so I am reasonably comfortable. Still hurts though. It looked to me as if the sp was "flash-crashed" to pick up some poor sods stop loss. There is no change operationally and no reason for the sp to be taken down to these levels. I cannot imagine anyone wanting to sell at these levels and I continue to add.
I think one of you detractors ought to outline where they are going wrong.
They accelerated trials by moving to Oz and then tapped RF for sufficient funds to be able to meet Sareums financial obligations. Otherwise the trial wouldn’t have happened.
737 is now farmed out . Yes comms could be better if there is anything to report, but there isn’t. We all know the timelines involved so why the angst? We know what we are hoping for, so why the angst? Like many here, I have a lot to lose as does my family so I am not insulated from the reality of our position. Just follow the news and hold your nerve if you can. No point in playing the man, play the ball ffs.
Well you certainly won't Surfie. Keep talking it down though with your disciples. You are doing a great job. Matty hasn't lost - he hasn't sold.
For serious investors - nothing has changed. We should also be receiving £136k from the 737 up front payment. I am hoping against hope that we do not draw down from RF. Hold on if you can.
Morning Warty,
Been out of contact. Yes Britain is broken but I wasn't making a political point. I was pointing out what is going on generally which, in my opinion, explains why Brokers need low valuations and sp's. The lower sp means investors are all but locked in with their cash unless they are prepared to sell at a loss. It also means that the lower valuations alleviate the pressure on brokers to retain higher levels of liquid assets to cover their liabilities.
I do not think Sareum will need to change jurisdiction personally, but it does explain the headwinds that shares in general are battling against. So a low sp would suit RF and would suit broker clients and would suit brokers themselves. We "little people" have no chance until the chain is broken somehow.
Check out GGP history in order to appreciate the damage being done generally. There are many other examples.
To add some context to the wider market issue and HBD's post in relation to RF woes. It has been reported that small investors in the UK are withdrawing funds at a record pace. The Investment Association is in the process of finalising figures for 2023 which is reported to be the worst ever for outflows from UK funds. Company floatations are headed to New York as opposed to London and established companies are looking to re-list in the US.
Laith Khalaf is quoted from AJ Bell as confirming the extent and the scale of the problem with £24.7bn taken out in the past 2 years alone. Cost of living etc: etc: is partially to blame but there appears to be little or no incentive for investors and particularly institutional investors.
The UK stockmarket is stated to be underperforming every major market bar China. UK valuations are poor compared to overseas Company valuations. Even Government pension scheme has less than 2% invested in UK markets.
Add in the rules for funds whereby they have to retain liquid assets to match liabilities and they prefer to hold Bonds as opposed to invest in riskier shares even though riskier shares may outperform the Bonds.
Of course, Sareum has to make progress to even be considered by Institutional Investors. I make this point merely to indicate why a whole host of shares are performing badly and have low valuations. It may be helpful to some.
Agreed Saragota - The disconnect between Sareum progress and the current sp is stark to say the least. Bigeasy gave us the heads up last week and the sp manipulation is all to easy to spot.
For me, it wasn't that long ago that a few contributors on here were assuring us that 737 was dead in the water etc: Well it isn't and now has embarked on a new trajectory. The Ph1a trial is complete/due to complete shortly with all of the knowledge that this will bring for 1801 respiratory and 1802 cancers in addition to Ph1b psoriasis prep. It has never been stronger and yet... the sp is still being manipulated downwards and not just by RF.
I know that it is often a case of "This time next year Rodders" but for once, we have a credible route map and progress reports. Yet the market values Sareum at a much lower market cap than when everything was still in its infancy. It all stinks to high heaven. PH still at £3.04 target price. Laughable really.
We went through this before the AGM and…..nothing happened. The votes for on the resolutions were almost unanimous. Even if you get an EGM there is a very strong likelihood that any motion would be defeated.
Try complaining to the FCA instead about SP manipulation if it helps get the frustration out of your systems. Same result though! Nothing will change so wise until Bigeasy updates us on a shift of direction with his Intel.