Member Info for Natdan

I must admit I do like to see our very own Buffett throwing ever greater bucketfuls into the fire, poking the embers but sadly failing to move the dial even one nano-penny. But then, God loves a trier. And let’s face it, he is VERY trying, feeling the need to feed us every nuance of his trading rationale, all the way down from the tediously repeated 16p base level.
Come on twix, reduce my losses (like yours but on a much lesser scale).

Bakky apologies, did not make the meet regrettably. Won’t go into the reason but will let twix chortle away to himself in the darkened room.

Even by his own base standards, twix (our very own Buffett by proxy) has today excelled by finally eating himself alive. Nobody to talk to, time is filled by endless monologues.
It does not help matters that this semi-literate, dyslexic specimen struggles to put a cogent sentence together.
As a veteran of VIY, NIPT and latterly YGEN, he has taken more hits than a 12-rounder with Mike Tyson at his peak. Punch-drunk and cranially challenged, he staggers from one contradictory opinion to another, offering copious amounts of ‘investor advice’ to those who neither seek or require it. Throw in a veritable concoction of prescribed meds intended to stabilise him, and you begin to see what a fruit-cake we have here.
No wonder he was chased off the other board in a flurry of shame and ridicule. Regrettably, he lingers here, fantasising about his untold wealth and riches, even while his cumulative losses mount incessantly. What will rid us of this pest?
Perhaps, in the interests of full disclosure, the reason for his …erm departure as an ex-pat from Ladyboyland might shed some light…

Mcoption, I am sure you really do not take any of the Twix’s ever contradictory claims with any hint of seriousness.
Just by way of simple example of his thoughts today, he confidently stated he would be buying more tomorrow, but followed immediately by “ but nothing I see to make me confident”.
This Buffett-wannabe appears to be highly medicated, lonesome and makes increasingly bitter and nonsensical claims over a fictitious pot of money allegedly invested in this company. His incisive insights however, somehow failed to foresee the drift down from 16pence to the present.

Or in the case of twix, howl from afar as per norm, the critic where criticism is never face to face, part of the keyboard twitterati class.
I wasn’t expecting a trading update on AGM, not sure why posters assume this would be the case.
I note some of the favoured cliches are thrown in for good measure, such as
“opportunities to build market share” as well as “truly accretive prospects to create longer-term value”
Depending on what your take is, either lock away for another twelve months or so, or sling your hook (are you listening twix?)
The difference this time around for Ygen is its far more appealing product and geographical range, esp. US

Our monologuer-in-chief is having one of his regular crises of self-doubt, totally contradicting his monotonous mantra of incessant averaging down, now in tatters. Take a look-
“ delivery I have come to expect where so much is promised and expectations raised only to spectacularly disappoint ”
This from a fantasist who is all so ready to impart his wisdom to the lesser mortals here, but lacks the spine to attend an agm in person and challenge the BOD with his concerns.
One can only conclude that his supposed personal holding stretching into the millions is not supported by fact.
They say that everyone has at least one good book in them. How about a follow up to the infamous equity commentator Jim Cramer’s tome “Get Rich Carefully”, perhaps “Get Poor Recklessly”? Bring it on!

stas20, the current SP makes a takeover tempting, but I repeat my comments of 9 sept
“ My greater near-term concern is with the prospect of a cynical management buy-out at a knock-down price, to then repackage it and sell on- at considerable profit to the participants of the now privately owned entity -to one of the bigger global players. After all, isn’t that what befalls many of the British tech start-ups before they can or are able to reach scale?”

I am not convinced a take-out at a ‘generous’ price is a given. A buy-out seems to me more likely. Anything close to or slightly above LR’s 7p purchase (smokescreen?) would suit the BOD, boxed up and packaged ready to sell privately to a big player, at greater personal benefit to the BOD and not the PIs.

Frankie, didn’t stop the Pfizer vaccine at between -90 and -65 C.
Oh, and relying on wholly unsubstantiated rumour on a discussion thread is not best ever!

Was wondering if anyone else heaves a huge sigh of relief at the end of a trading day here if the price does not DROP. Imagine the euphoria if the SP actually turned positive.

Which lab therefore suggests expansion mode. In contrast to the SP heading in the opposite direction. Something doesn’t quite add up.

Hi Stas20 - you follow my drift then re ambiguous statements from the Co?
It is clearly stated that the ‘Open Day’ immediately following the AGM is to be held at the Science Park, that is, where Skelton House is located. The company has made no mention whatsoever of an accompanying lab expansion at the time of the change of registered address announcement.
So it seems attendees are not invited to pour over City Labs and kick the tyres there, merely to smell the new paint at La Skelton building. Incidentally the promotional blurb from Skelton’s rental advertising document mentions a guide size of 10 square metres for a typical office, hardly adequate even for one share-destructive LR.
Confused? You will be!

Yesterday was a pivotal moment in the history of this company. Not because it has changed it’s UK operating location overnight, nor due to the SP about to equal its all-time low, or perhaps a derisory T/O offer hanging over the company like the Sword of Damocles.
No, dear reader, it’s because our investment adviser-in-chief, our very own resident Buffett aka twix, has finally realised trading down in this case has been an unmitigated personal disaster.
“I have more than enough so I've decided to wait until after AGM to review”.

Just how many falling knives can a sole investor catch from the magical 16p he uses as his base-line.? I suspect the true reason he refuses to AGM it next week is because of the embarrassment of displaying heavily bandaged hands, his only means of communication left being two pinkies with which he can engage with the keyboard.
In the meantime hope springs eternal that someone, somewhere will rescue us from this investment mess. LR it ain’t.

“ As previously announced on 16 August 2022, the Company is hosting an Open Day, immediately after the AGM, at its new facilities at Manchester Science Park”
The above suggests the Open Day is at the new premises, so one would expect the Co. to be operating from that building too.
A strange move for the Company really without a fuller explanation, as the ‘new’ site is approximately 800 yards from City Labs. Why relocate therefore, lock, stock and smoking barrel? Hopefully it wasn’t done in the middle of the night. I also hope this was not a furtive rationalisation on the part of the company as I do believe the new premises are smaller and certainly not as prestigious or prominent a location as City Labs.
Maybe it is a prudent cost-saving exercise, but then Ygen excels in putting out statements which often lack clarity or are intentionally ambiguous. Interesting.

I recall LR’s efforts at the last trading update, there was that massive side-step -worthy of the most dexterous Welsh fly-half of the great Welsh teams of the ‘70s- when he completely avoided genuine shareholder concerns by insisting on speaking of matters which he (supposedly) could have any influence over. The SP drift was not one of those topics. Period.
Since when, radio silence and a SP which continues to deflate.
I have to confess I have never known a plc like it - a company allegedly at the cutting edge of diagnostic technology with numerous products on the market and with world-wide reach, but with a mkt cap and SP heading for zero. No momentum, a lack of news, and even significant II investors who just seem to go along with the moribund status of this company.
Is this really what happens when you have a Co. populated predominantly by science boffins who appear content to receive their annual stipend, and expect or demand nothing more ( other than more share options perhaps)?
Just rarely a Co. SP is zapped up massively by a stunning trading news announcement. I somehow don’t see that happening here.

Investment Alert for the certified Twix! Even Frankie your alter ego has turned on you and is trying his best to coax you from the great mantra you preach of averaging down! Losing copious amounts? Simple answer, buy, buy and keep buying =Loss, loss and greater loss.

Well isn’t it just reassuring that our Buffett-in-chief has had a “direct and personal association” enabling him to better understand than anybody else the Company’s machinations ? Such as continual and at times frenzied purchasing on numerous “buying opps” from 16p (and even higher), all the way down to the present sub-6p level. Cumulative losses, dear boy, cumulative losses.
Is he hinting perhaps that he is an insider trader…in reverse?
Does he not realise that people would even pay good money for his attendance as the warm-up act at the forthcoming Open Day, placard in hand, megaphone at the ready, lecturing from his pulpit on the benefits of …averaging down. I somehow suspect he much prefers the anonymity and relative safety of being a fully-paid up member of the keyboard warrior brigade, one of life’s perpetual inadequates, yearning to be loved but friendless and generally detested by all.

I think they will come into their own if/when the management try to buy out the Co., promoting the management as the most effective people to take this company forward. A big thanks to all shareholders for their support, now take your losses like true investors.

Of course your unique talents for all matters investing precede you.
Just another gem from yesterday to add to the collection…
“ BOD finally accept Twix call for a sale lol
but I don't think a sale is on the cards just yet, but it just might be.”
Where would this board be without your incisive talents? Nothing like sitting on the fence with an each-way bet.

Good analysis GL Trader, glass half-full scenario.
My greater near-term concern is with the prospect of a cynical management buy-out at a knock-down price, to then repackage it and sell on- at considerable profit to the participants of the now privately owned entity -to one of the bigger global players. After all, isn’t that what befalls many of the British tech start-ups before they can or are able to reach scale?

The rationale and cost-effectiveness of remaining a traded plc has been difficult to justify now for some period - trades are pitifully low relatively, and LR still appears to be in a sulk since he had his wings clipped when his strategy of buying add-ons with a resultant ever-increasing shares in circulation but with a consequent ever-growing dilution, was curtailed. Even our nodding-dog CFO would surely see the cost of remaining a plc as more prohibitive by the day.

Someone also questioned why would LR have purchased 1 million shares - a demonstration of the big cheese spotting an undervalued play? Or perhaps a smoke-screen while the BOD scrabble behind the scenes to raise the necessary capital to make a low-ball offer?

I like to think the BOD has shareholder value for all investors at its heart and the current SP malaise will dissipate relatively soon. The longer the ominous trading silence continues, the greater I feel the disquiet.

“ Another 61k at 16.53p
Once markets crash this Autumn it will be too late to sell! I am seeking a large core holding.”

Not a recent post but a random example from our Buffett-in-chief’s investment strategy, dated 10 September 2021. If you think he was bad then, then at least he has been consistently bad. I dread to put a sum on the cumulative losses. Let our deranged poster feature in all future editions of investment strategy, a vivid illustration of how a fool can be readily separated from his money.
Step forward twix and take a bow, without the slightest hint of self-awareness or humility of course.