The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Anyone who knows about public markets knows that August is the time when C-Level execs have to take vacation. Analysts and brokers all take holidays this month and so do the majority of CEO’s and CFO’s. I would hope that any RNS breaks in early September as anything in August would miss mainstream city exposure.
I normally really do value your opinion Cliostock but I think that was a bit of a short sighted comment. I’m heavily into this stock too but a fundraise wouldn’t spook me. I am certain there would be good reason for it. You never know what opportunities come along in business whether it be an acquisition or a ramp up of efforts in marketing or research. SA is seasoned, smart and cautious and I have complete faith in him.
I personally don’t think they will announce any firm numbers until about October. They have 3-4 months to get the numbers audited and out. They took that long after the soft launch and I suspect they will do likewise this time. I think they want a solid onward run rate based on the high levels of retention and some news on other pillars to make a strong statement. Just my humble opinion and, as always, DYOR. GLA
@nick1978. I sent an email to SBTX in which I asked 2 questions. The 2nd of which asked if they had received any email that had gone unanswered from an investor (namely you) and they responded with the following "effective 0900hrs this morning we have no outstanding IR enquiries, we look to answer emails as swiftly but this often depends on both volume and the complexity of the question" It looks increasingly like you got the wrong email address and have been bleating away about nothing more than your own incompetence. FYI, they took 61 hours to respond (which includes the weekend).
I think you should check the email address and maybe resend as I generally get a response within about 5 days at the most.
@Nick1978. So you’re saying that if. Mr Ashman receives 20, 200 or 2000 emails asking questions then you expect him to respond to each and every one of them? or do you expect him prioritise your email as you’re clearly so important. There are only a handful of people in the company. At what stage of the working day or indeed the working week do you expect him to get on with his job that we expect him to do? I have a lot of shares and I for one have no problem at all with him taking time to respond. It indicates that the remains very busy.
I for one wish that “oleric” had not bought back in and “Odesseus07” would just sell his shares and vanish. Odious uninformed depressing pricks.
“Croda not materialising” you clearly haven’t got a clue what you’re talking about. We’ve been informed that It’s bang in schedule and if it wasn’t they would have to RNS the fact. What a plonker!
This was once my best performing stock and I told everyone about it. It’s now not my best performing stock. I bought at 16p 22p hoovered up at 5p and continued to buy into the 40’s, 50’s and 60’s. This board was full of accolades for the company, the science, the CSO and CEO. When one purchases stocks of any nature there is a disclaimer that says the value of shares can go down as well as up. This is not a game, let’s face it and call it what it is, it’s gambling, pure and simple. I have met Stuart Ashman and Cath O’Neil at various investor presentations over the years. I have also met the Chairman of the Board. These people are consummate professionals. They have had one miss of numbers in an extremely difficult global economic market. The science and opportunities are the same as they were 12 months ago. I wonder how many of you will have the decency to apologise to them when they deliver and I believe they will do so in spades. I’m with Tom a Winnifrith on this, it’s a 2-3 year wait. If you want instant wins go and buy a lottery ticket.
Well said Sir
You have quite clearly never launched a product in your life! Or ran a business or ……You throw spears…….. do you know what/ sell your shares now you utter prick. Leave this to those that have the balls and the intelligence to get this.
What an idiotic statement. Sell your stock and leave this to the lions
This is what happens when idiots start spouting negative crap all over the boards. Please……. All of you that don’t believe in this go ahead and sell your shares today and let’s move onwards without you.
anon, if you bought shares based on what you read on a BB then that would explain your frustration. I based my investment on the quality of the science and strategic and commercial leadership. I think SA was somewhat pushed into launching this too early by the market and these damn board and should possibly have waited until the market stabilised but that's public markets for you. CON's science is excellent and we all forget the CRODA deal. For anyone to speculate that there's anything wrong with that deal is just crazy. That is material and price sensitive and SA would absolutely have to RNS any news (good or bad). You have to remember that this was aways supposed to be a B2B business not a D2C model. SA explained that clearly in his IMC presentation on the day of the 6 month results. Tom Winnifrith called this spot on, this is 2 - 3 year runway to real riches.
Please just sell your shares rather than bang on about the man that took us from 5p to 88p and was a Senior VP of global marketing at one of the biggest medical companies in the world.. The entire market is down. You forget that AxisBiotix PS is one strand in one pillar. I’d be happy for the non believers to sell their shares and be gone for good. Some of us held right down to 5p and bought more and more on the downside. Fair weather investors should look for less complex shares.
Great advert and clearly the start of a national campaign. Delighted to see it. Love the new look website too.
Strategic investment isn’t for everyone oelric. you say that you have an “expertise in the treatment of illness” I would argue not more than Prof Cath O’Neil and the science team here. After all, your “expertise” brought you into the fold to begin with and nothing has changed scientifically. This is simply a slower run than anticipated. I for one am glad that the weak have departed.
Spot on Toyin and Clio. I also think that Lord might wish to remember that Market cap is simply the amount of issued shares multiplied by the SP. It has absolutely nothing to do with sales. SA is an honest and diligent CEO who works tirelessly. He achieves a lot with a little and has my complete faith (and a great deal of my pension!)
Ody, Why are you on this page? You have nothing to add but hatred and distain. I'm happy to hold and I can pretty much guarantee that I hold more stock than you! Elric is correct, you are beyond help.
What a load of old tosh. Stick to the OPTI boards “Lord” instead of trolling an intelligent board like this one. We can see straight through your ruse. SBTX has infinitely more potential than OPTI backed by a serious science where OPTI has no scientific firepower going forward and SA is 10 times the CEO that SOH is.