Member Info for Pettycash

If the next viagra RNS is negative - and I think it'll have a positive varnish on it about re-jigging the product, understanding what went wrong, we know more now etec (But materially meaning almost starting again , under the gloss of words)..

But, IF that is the case, then this is binary...Unless investors are again going to change the goalposts to suit their emotional needs and fears, ...this is then based on the next Nuvec update.

Tell me, how is this not binary (even with the usual refrain of "other products in the pipeline etc etc ") any bad news on Nuvec will surely kill this off as a reasonable investment?
What are you left with then?...A Pharma penny share similar to 1000s of others

Thanks Scott..

Yeah, well was still a bit gutted when the Sildenafil RNS dropped, and taken by surprise, to be honest..

But I'm flattered you;'re interested in my share strategy Chartist !

Ad Hominem folks... play the ball not the player..

Hugh Wilson et al. Fair enough..
.Let posters post their views, negative or positive. Don't shoot anyone down..You only learn from contrarian and challenging views...not living in a cossetted bubble of fluff, like many shareholders like to.

Too tribal...gets you no-where.

savers!

I sold the remainder of my holding at 10.5p the day AFTER the RNS.

I had half my holding left after selling half at about 5X initial buying price of 5.9p (when it was circa 24 - 27p)...so when I sold post RNS it was still nearly 100%..so overall, a nice profit. Cant grumble.

Hugh Wilson - I think you've made my point for me.

No, no-one's gains or losses are down to you - despite endless ramping..

And no-one losses, gains will be down to "Veto"...but he, you, and everyone ele has a voice to express their free speech.

Ps Bidnolid - I like the cut of your jib, you seem a good rounded poster

Yeah, Ive got to say that as far as I can see this "Veto" chap doesn't invest in microcaps and was giving his honest opinion,

but because we live in a rancid world of herdies/sheep like Hugh Wilson, who can't stand opposing views - EVEN though they may help some investors not lose money , then they get attacked and molested.
Those who attack in a vehement and vicious way other posters views , are weak people IMO

If you disagree with him ...fine ...but let'sface it, he's got it more right than Hugh Wilson and other Rampers, up to now, who may have led others to lose vast amounts of money.

From company spokesman:

"Nuformix and NSB have worked together already under a prior licensing agreement developing 3 cocrystal patents for the Chinese market before Nuformix came to the London market and Nuformix received £400,000 from NSB as milestones for those cocrystals. (This is referenced in the original Listing doc).

"The current payment will be made once the development milestone is confirmed under NXP001 and given that the two companies and NSB’s parent have been talking or working together for some time there is a good commercial understanding between the two."

Also I also glean that Newsummit is a substantial player with no liquidity problems, as far as known. So it's just a matter of coming up to scratch with the data, to be approved.
GLA, and hope that helps a little ,
PC

My position here is that I'm out - and have been since the day after the Sildenafil RNS.

Interesting watching from the sidelines..As a statistical gamble at the moment I think this is poor, as the Viagra RNS intimated to me that it's almost back to the drawing board (or at least major changes)..

So , what are we/you waiting for to prop the share price up - or propel it higher? The next news is probably the Sildenfil detailed report, end August, and I think they've already made clear this isn't going to be short-term solution, so what are you looking at ?

I think a short term drip-drop until that RNS, then is it's bad (as 80% chance I suspect) this will drop further. I reckon this will touch 4-5p if that RNS is poor - odds wise I think it will be (because you've already been given the basic facts already - just deciding to ignore them and stick heads in sand - ..then I might put a bit in again on a gamble on Nuvec and rally.

I don't hope I'm right or wrong, but that's how I see this going...Happy to be proved wrong, but let's come baclk start of September and see where this is at.

of being in this share - as I did up to early summer, .knows the meaning of "misery". It's just one cock-up , delay, bad news after another..
One of those frustrating shares that never seems to come good - driven by external factors so very hard to invest with confidence.

The good news at the mo regarding Share=price slump is that it's all low volume drip drip summer season stuff; no major sales of note....all awaiting next RNS

is quite a vital one IMO...I'm feeling a tad nervous about it. It's a little too binary for my liking.

Get the funding as expected (with maybe other sweeteners), we'll be propelled back to 3s, even 4p+, ...or hear that there;s problems/delays and we could be 1.5p..with uncertain waters and placing.

Yes, thanks Winnie, but we mean more than that - behind the name and cover story - which is a bit blank in itself as regards deals..

A post of mine got taken off earlier, but among other stuff I was confessing to have not read the original Newsummit finanace RNS properly at all when I invested - a basic mistake - an I thought the £2.5million was nailed on.
I just listened to 2nd hand stuff about NFX getting this great deal..

We need a mindless ramp to get the shareprice going again!

(I'm finding it hard to say this , crushed under the titanic mountain of newsflow since April)...so many leftfield curveballs I can hardly keep my neck straight

cheers Chaps..
what I don't like is the lack of tie-ups they seem to have - particularly recently.. Doesn't appear to be anything really in the last 2 years..
Unrelated specifically, but, I see the Chinese have pulled the plug on House of Frazer (or is it John Lewis? der) financing deal...but they do what's right for them at any given point.

I'd love to know the financial situation and backers of Newsummit, if you could ask that Mazik...cheers.

There's some good posts today and over the weekend...rather more challenging and circumspect than many have been over the past few weeks...I'm glad to see Jay asking a few more questions, as this is healthy.

My main take from this at the moment is that there's been far too much ramping and expected timeframes..
This has either been disingenuous by design or just happy-clappy rampers doing their stuff..

Timeframe delays in Pharma are INEVITABLE - thus, expectation can only lead to (short-term) deflatton IMO.

There has been all sorts of talk on here but the gist of Jiving's posts are true IMO - this compnay is nothing until proved-up..you may love the tech, you may want to marry the tech and have babies with it...but until all proved up, this is precarious, as with all start-ups.

What I DON'T like is this Chinese tie -up - I now have existential serious misgivings about this deal - in the the Chinese love to procrastinate and prevaricate, sometimes using pseudo blackmail tactics to get better deals..at least brinkmanship.

I hope that there is nothing suspect about this deal to get the £500K and subsequent £2Mill, but I am guessing now there there is a significant delay - and delays do not bode well. It could come through and I hope so, but if there is a subsyantial delay of any kind, that is serious and RNS'd, I will sell-up at a bit of a loss (post RNS).

I' agree with Jiving that all that this ramping and repeat CEO talk can do is go over and over the same facts - and it almost indelibly stamps a negative label on this that there are delays and no new news as such. It all seems to be looking to 2019 IMO, but if Npoo1 somehow comes a cropper with the Chinese then, I'll be out for sure.

At the moment, I'm agnostic about this, pretty neautral, but with a negative slant, as we've had all sorts of "insider" guru stuff that's been totally off the mark; I'm wondering whether Angus' job has been to keep the share proce propped up during silly season.

The problem with the £500K situation is we NEED it pronto, else placing, but that is almost already factored into the share price ., so a problem with that will hit this hard.
I'm unnverved at the moment, as my gut (from past similar ventures) is telling me I should have sold at 4p+..

I think you left planet earth several months ago

in reading this share...monumental bad news, drip dropping until next news end August - then it's boom or bust time with Viagra.
Nuvec could go any way I suppose , as of all start-up Pharmas..

But all those excited about Japanese deals etc etc etc...they never happened did they? So now you simply move the goalposts and train your minds down another path of least resistance.(even saying such rubbish as "The RNS was poorly worded."

The hardest path is to look at reality and see what's actually happened to the Tech and Share price - which is a fair fall. Bad news late August will see ref Patent/restructuring will see a catastrophic fall, and good-ish news will see it back circa 12-20p IMO..
But remember, Sildanefil is already now behind schedule and there'l be other companies overtaking happily. The time-lag itself has derailed this one totally IMO
..
But hope you get your good news end August.

Only thing I can see about them is their website - and they haven't had any group news since 2016..

I may be unduly worried, but I am a bit worried to be honest..

so any info appraciated

...the phrase "it's coming" and "big newsflow soon" has been used for nigh-on 4 months.

It's been proven to be total BS..

so change the mantra

Been saying for a long while that I'm a bit worried about Chinese cash (£500K)..
I don't like how the Chinese (generally) delay to get better deals, and sometimes takeovers at low prices.

Not convinced yet..

Anyone had a detailed look at Newsummit and know much about them?