Member Info for PM2022

The Twitter poster is loading up. Maybe he is for real.

Either way not much downside here. WIth patience 100-500% gain over the next 3 months imo. DYOR.

It showed a complete disregard for current shareholders. My opinion is that it is was probably price manipulation as I just found the delay RNS a week earlier to be odd. The previous delay RNS stated Suzy would be working with them throughout to avoid delays therefore she would have known if it was going to be delayed or not. Therefore why not do the placing at the same time. Just my view.

Anyway I hope she takes us back to 20s at the very least. I would be disappointed if they gave themselves options at this price.

Not 40% discount 120-140% discount. Don't forget a week before we were about 23p the unnecessary delay RNS at that time sent us to 17p and then a few days later a placing at 10p. She could have done it at 18p had we been 23p or even much higher a month or so earlier.

Anyway at least it is a cheap buy here and this would go in one direction over time and that is up.

Note pre licensing. Now bearish at 10p because he is waiting for money. What a clown. Be aware all investors of this clown.

My stance remains at 74p to 85p pre licensing as continually stated. 80p being £52m mcap bang on the peer group average and significantly higher after deals.

Porky9 Premium Member

Posted in: VAL

Posts: 5,198

Price: 52.25

Strong Buy

Valuation Re-Rate02 Nov 2021 00:40
What we are seeing is a rerate of the company

We have been materially undervalued for so long that many have just got used to it but it’s as clear as day to see when you compare us to our peers.

My stance remains at 74p to 85p pre licensing as continually stated. 80p being £52m mcap bang on the peer group average and significantly higher after deals.

Let’s explore this further based on deals.

Currently we can’t know what Valirx are negotiating behind the scenes or their success in negotiations. We can only speculate. What we do know is that taking curved balls out of the equation, both 201 and 301 are packaged ready to go and so is possibly 401 as its a reformulated generic drug with a much shorter route to market. So potentially three horses in the stable ready to run.

From my own independent research and please do your own, the Prostate cancer drugs market last year, where 201 is positioned, was worth $11.2bn USD and growing

Meanwhile, the Endometriosis drugs market where 301 is positioned, is worth just short of a $2bn USD market size with expected growth to $2.2bn by 2027

The pancreatic cancer drugs market last year, where 401 is positioned, was worth $2.6bn last year and expected to rise to almost $3.8 by 2027 So we are talking big numbers here.

Our mcap tonight at 53p is still a mere £ 34m, I want to post that again because some are just not getting it, we are valued at £ 34m – This is not just materially undervalued, it is plain farcical.

Now we have explored from our peer group Sareum at £ 223m mcap and I believe we are potentially stronger and can overtake this Biotech. Mentioned a couple of days back was also RedX Pharma from our peer group, which spookily is also valued at £ 223m mcap.

RedX secured a back loaded $200m licensing deal on milestones including tiered royalties in mid-single digit percentages, based on any future net sales. The upfront was $10m payment. On the day of the announcement the deal boosted their mcap value, marked up immediately by £ 30m and over the following 7 days the SP rallied by a further £ 100m value.

Now I’m not saying Valirx will do the same, all deals are different and have their merits but come on.

We have potentially THREE deals here to be done not just one. I could be totally wrong in my calculation but If I were a betting man, I would say 201 alone could be worth £200m and £10m down like the RedX deal. As such our market cap should run towards same, if it did, we would be looking at a circa £ 160m mcap value or £ 2.46 share price NOT a 54p one with the other deals still to come.

Uncannily, that’s slightly over OB’s target.

The market currently wants to see proof of deals. I believe we will see that shortly and when we do, we will see that step change in the share price and further rally, in the meantime the MMs are getting prepared for

Baldy,

If Cenkos take the warrants which I am sure they will do when we are above 22p that Is almost 1 million. If deal gets done with consultancy fees that would be another large sum on top of the 2.5 million.

As a bonus in the next year I would hope that one of 301 or 401 will get snapped up therefore that could be more cash. Therefore 2 years.

Porky thought you were going. I will worry about that in two years when they run out of cash and no deal. Yes i can justify my reasons but don't want to drag a discussion with you because you know the truth.

I would only suggest all investors look at the charts over the two years to decide and we have progressed since then with LOI and uni tie ups and now have a good cash balance. I Stand fully behind my 2 p downside 60 p upside from current SP over the next three months but as always do your own research.

2p downside from the current SP imo. DYOR.

We have just over 20% extra stock. 201 results 74p and LOI 65p. Once funding is confirmed then no reason why it cannot be 65 p or more but ok we take away over 20% still leaving over 50p. We have progressed since last year now having three uni tie ups and that is another few million if one comes through still taking us to 65 p. A deal for 301 or 401 in the next 3 months well the sky is the limit. When the deal gets done that adds even more cash.

Everything is result driven and shareholders run the show here. We respect Suzy and she is a nice person but at the moment her performance has been poor. FACT. Adam has even more money in this now so it is down to him to decide at a later date if little progress is made whether he would want to throw his money down the drain. I suspect not. He has real support so I will not rule it out.

I hope you keep your word because It is clear you are looking to add later so kindly stop the disruption. The world doesn't revolve around you so please also look at other opportunities. Later

2p downside and 60p in the next three months imo. We shall see.

Porky we all know you don't have funds after DDDD and you stated you don't have money for another 2 months. No way you hold any decent number of shares here and post the way you do.

With a market cap cap of 9 million and 2.5 million cash we would not be able fund a lab at these prices with 20 million allocated shares. TRX could possibly be backing it if it ever happens.

The issue of Options is not guaranteed. Most importantly this can happen many months later as no shareholder will be happy with Options at this price. Also you have a reputation of misleading investors for your own agenda and it is UPTO not 6.5 million.

The uni projects yeah could be worth 100s millions in a few years but relative to the current market cap even if one adds a few millions now it is a great result.

I suggest you stop posting on VAL as you are being disruptive with your views and agenda. It's not really our problem you lost a large chunk in DDDD therefore so elsewhere.

Nick already stated you are a fool, Suzy will see you for what you are and Adam will also see what you are doing. If you ever come back you will be alone so I suggest you clear off. If Adam becomes CEO in the coming months he also will not forget what you are doing now and you may get mislead by individuals. BE CAREFUL.

FACT YOU ARE SO DESPERATE PROVES THIS IS A FANTASTIC PRICE AND INVESTMENT.

my confidence in the deal is based on knowing the team at TheoremRx. Knowing their industry reputations as well as knowing how they’ve interacted and worked with us. They are a good team, I believe they will get the job done

She believes it will get done because she has seen the progress. Don't forget we have three uni tie ups with news due soon. 10p with cash is to low and a strong buy here. Best buy over the last few years at these prices IMO.

Exactly big week ahead. As per RNS an update is due regardless. I think the progress will be outstanding. Notice the choice of words from Twitter given she cannot give away much. This proves the deal is either done or that the next progress RNS due very soon will be very positive. 10p no brainer.

We wouldn’t have extended the exclusivity without sufficient evidence of sufficient progress.

Total cost for Phase 3 oncology trials fell within a narrower range ($110 million) . Add the milestone payments if it passes phase 3 and also phase 2 costs. Don't forget all the money does not have to be paid immediately so the figure stated in the Tweet seems accurate.

Looking through the list of companies that he mentioned they all seem the type that would invest in such a trial. Also it is difficult to come up with these less well known companies but these are the types that probably would be investing. Suzy has also gone quiet. The RNS states we will get an update soon and the Twitter profile states update due this week. The previous RNS was a few weeks ago so I think one is due.

I would also expect the Twitter account to be fake but the details could be correct. Also if fake this person must be a long term investor as he clearly has knowledge but if real then it could just simply be the correct details pasted. If desperate to sell and make up lies then why is this poster not ramping on this board or other platforms.

Therefore I am 60/40 it is true. He stated the RNS is due this week. We shall find out this week. Regardless 10p is a strong buy and I think the last few stocks at this price will get taken fast then we should move up quickly.

I think everyone can see Porky is desperate to keep the price low. If you check his posting history last week he was waiting for funds to come through in the next two months so best avoid reading his posts as he is trying to keep the SP low or maybe filter him out.

Almost the entire last year we were 20-25p before any hint of a deal.

We moved to 65p when LOI signed and we dropped back as funding was needed.

When LOI was signed we were generally 35-40p. I remember we dropped from about 37p to low 30s after the first delay.

Ok we had a small dilution but after the deal I would still expect us to be about 45-60p. Before dilution 50-70p.

We now have even more cash and more will come with the deal.

At 10p it's a no brainer. The market cap is 6 million with about 2 million cash possibly much more soon. Two phase 2 drugs one with a deal and if signed iMO i think for that alone we should be 35-40 million. 201 if on the market will be worth 100s million so at this stage 30-35 million would be fair imo.

Let us not talk about DDDD burn rate over 52 million a year with additional debt. Nobody can compare that to VAL. It dropped so much because it was clear to most that a placing would not support the working capital. Nothing to do with the economy.

Not really as the broker could get the details of the RNS first. I have seen many times in AIM the price moves up a day or two before an RNS. It is so common. We had considerable placing stock that we have to get taken but we did get some decent buys on Friday despite the lack of movement. The stock is now almost gone so I expect a big week ahead.

Anyway move back to the important point.

In my opinion Suzy would not be so confident unless the outcome was fairly certain. Think about it. She states the words sufficient progress and also that she believes they will get it done. It cannot be far from completing and therefore the leak could well be true.

We are 10p. We were about 35-40p for sometime before the first delay. We were 65p when LOI was signed. A phase two cancer drug that has the potential to generate 100s million or more in revenue at this stage we should get 30-40 million priced into the market cap after funding imo. Our market cap is a few million only at the moment then we got 3 drugs in the evaluation stage take one and that increases our value significantly as well.

I purchased more at 10-11p as I feel it is safe at this price and would rather invest here at this price than have money in my bank but only invest what you can lose.

Suzy Dilly
@DillySuzy
·
7 Jul
Replying to
my confidence in the deal is based on knowing the team at TheoremRx. Knowing their industry reputations as well as knowing how they’ve interacted and worked with us. They are a good team, I believe they will get the job done.
Suzy Dilly
@DillySuzy
·
7 Jul
Replying to
We wouldn’t have extended the exclusivity without sufficient evidence of sufficient progress.

At 10p with cash I am confident this will go only one way and that is up. GL all.

In my opinion Suzy would not be so confident unless the outcome was fairly certain. Think about it. She states the words sufficient progress and also that she believes they will get it done. It cannot be far from completing and therefore the leak could well be true.

We are 10p. We were about 35-40p for sometime before the first delay. We were 65p when LOI was signed. A phase two cancer drug that has the potential to generate 100s million or more in revenue at this stage we should get 30-40 million priced into the market cap after funding imo. Our market cap is a few million only at the moment then we got 3 drugs in the evaluation stage take one and that increases our value significantly as well.

I purchased more at 10-11p as I feel it is safe at this price and would rather invest here at this price than have money in my bank but only invest what you can lose.

Suzy Dilly
@DillySuzy
·
7 Jul
Replying to
my confidence in the deal is based on knowing the team at TheoremRx. Knowing their industry reputations as well as knowing how they’ve interacted and worked with us. They are a good team, I believe they will get the job done.
Suzy Dilly
@DillySuzy
·
7 Jul
Replying to
We wouldn’t have extended the exclusivity without sufficient evidence of sufficient progress.

The placing was done as a big emergency as the deal was expected to complete and that given how fast they needed it they gave the extra discount. They probably have all the funds and maybe it could not be pushed through just yet but it's been a few weeks now.

The cash balance is important to negotiate 301 and 401 as well as to push the uni ties up into preclinical. They can never be sure when it gets completed so best to have extra cash.

Suzy has verified the progress made and stated an RNS will be released with an update. I think it will actually be the RNS that the funding has completed successfully.

I would say 60/40 the Tweets were true although It's possible the account is fake. Regardless true or false I would expect the deal to look as stated in the Tweets with a large amount being raised and with a few different companies investing. So matters not.

Still think we should be 35p now and over 50p after the deal. Downside 1-2p upside 50-60p in the next 6 months with cash in the account imo. No brainer.

Baldy I think the AZ one was real. Just because the deal never proceeded doesn't mean it was fake.

Also no real spike at this price as it is very hard to sell at such a low price. We should be 35-40p maybe 30-35p after dilution before funding given before the first delay we were settled in the range 35-40p. After the deal 50p plus for me.

those payments.

I have done a detailed analysis of the details posted and I think it is more likely to be true but I am not sure. It's possible the account is fake but details look real. I think it is hard for someone to come up with such details. It's very detailed and easy for someone to just name one company the total amounts also make it more genuine.

A fake Twitter account does not mean the details are fake. It could be a leak. I think the amount and the list of companies make it genuine. We know TRx are involved in something big and those amounts could include milestone payments and it does not state when does payments are due.

As for pump and dump. I doubt anyone will be dumping here. Those few selling are likely to be selling the placing stock and it would simply be a waste of time for any of those guys to be doing that.

Big week next. I have a strong feeling an RNS is about to land. Maybe not Monday but anytime soon. I see us moving fast to 20p before the news.