Member Info for ProfessorZ

Thanks, yes, all is well at the moment! I hope things improve for all on the financial front!

Some familiar names - having been somewhat quiet on the personal front for a few years, I'm venturing back onto LSE. I couldn't resist checking-out this forum, and am pleased to see that the big guns (and noses) are still here keeping the chat alive!

Forgive me for no longer being invested (and the side-track from what appear to be a 'more of the same' story from the Plethora-Regent saga), but knowing you of old, I'm sure the intention won't be lost on you, as I just wanted to say hello, hope you are all fit and well (and that your other investements are performing better than this one)!

Appreciate everything and the latest advice. I will hang on for the puncture repair kit, it does seem a little gung-ho to sell with the possibility of some good news so close... You guys are just so difficult to say goodbye to, besides, AJB don't accept online 'at best' trades in this market and I forgot to get up early this morning ;)

Well, Bignose, Italian, Alchemy - back to my, once valued at £60k holding (at least Mayvern managed to get out at that price) which, according to AJB was valued at less than £200 last week but, (and I suppose I should be happy) is now worth a little under £2k (after taking my question away for a week and getting back to me today)!

By my reckoning, that is about enough to buy myself a new bike, so I shall be leaving the party soon whilst I can still afford something with two wheels, otherwise I worry that I'll end up with a cheap pair of trainers. I am sure that all the shorters out there will be breathing a huge sigh of relief and that the impact of selling my vast holding will now shake the pathetic board into action. Expect significant rises in the short term, and if you are brave enough to hold into the long term, your name might be the right side of the Forbes top 100.

Me, I've run out of patience and would rather close a straggling account than have the money dwindle away to nothing, after all, it's £2k I'd forgotten about until recently and I don't know about the rest of you, but I quite like the odd £2k windfall!

Keep at it and enjoy the rest of the story, and that it is a happy ending for y'all!

Correction, 20,000 HKD lol

Thanks bignose, just thought I'd check-in again today, also checked my AJ Bell - no change, but the share price shows as being 0.041 HKD which I am hoping is wrong! Google is showing me 0.66 HKD which would make me feel a little less ripped-off and a paper holding of a tad over £20k. Neither seem quite right but my suspicion is that AJ Bell more likely to value the holding correctly!

I might just give them a call out of curiosity!

Agree, when you take population into account, China is king. I've always felt that the market for the spray is more recreational than medicinal, it's a pity some YouTuber can't get hold of it and promote it. My daughter seems to be obsessed with Prime at the moment - being an oldie, I thought all she wanted was free delivery, but it turned out that cans of this energy drink were being sold for silly money, no doubt just for the name. Given that we know this spray works, is not addictive and it has no serious side effects that we know of, I wouldn't feel bad if it took-off as a result of some fortuitous promotion! Just so long as it's not demo'd by any of the BoD.

Hello all,

I am going to apologise in advance for being such a wet blanket, and hope that my sounding-off just goes into the ether. But I need to have a grumble every now and again, and this lot are today's recipient.

I noticed AJ Bell had a secure message for me today. Oblivious to the fact that they had consolidated on the 6th, I was resigned to see that my holding, which once was worth approximately £60k on paper, had been reduced to less than £150!

If ever there was a case study to use for the risks of moth-balling a share, this is it. I fear they have bled my holding and will continue to do so until they retire in luxury.

Well that's what I thought. However a little knowledge can be a dangerous thing, and in my case, a little research demonstrated that AJ Bell is displaying the pre-consolidated share price. At least I think they are... To be honest, it's less painful to just accept a worse-case scenario with a view to being pleasantly surprised one day if something actually becomes of this company.

Thinking back, I wish this was still on AIM - trading is the only way to preserve your holding in this share - there were ups and downs on AIM which enabled my investment to, by and large, remain intact - I think the day we moved to RP, I'd actually grown the original holding by 30 or 40 percent, but since our move away from AIM, the trading dried-up overnight and the holding deteriorated to these sorry levels.

Maybe there is something still left in the tank for the products that this company is peddling, however with their track record, I am not expecting to see medium or long term growth. Any revenue streams they ever had were more than consumed by directors and overheads. Have they got ideas that will multi-bag now? Honestly I don't know, but I suspect not and I dare say that dilution upon dilution will eventually reduce my holding to the point that I actually have to pay AJ Bell to close my account with them.

I was wrong to hold these shares for so long, let us hope that I am wrong about my predictions for the future of this company.

Thanks Italian/Bignose, honestly I've managed without the money for so long now, I don't mind holding on for another six months, in fact I probably will hold them until they become worthless - keep forgetting to check the share price, so I won't benefit from any flash-in-the-pan rises. Dilution also passing me by, I probably should have paid more attention to my broker emails, but at least I won't be adding insult to injury and losing any more than I had originally invested. I never did do the sums, but I did make a bit on these when they were on AIM - always kept a core holding but traded a percentage. I'm probably not actually down that much, but, similar to you Italian, I turned 50 this year and what with one thing and another, have lost interest in the markets - at least for the time being!

Best wishes and good luck to you both too, I will be back every now and again to see what's what and make sure you're ok!

Hello Bignose, Italian and any other long termers! Hope you all are well?

I was just moseying around and happened to pull out the bottom drawer. Right at the bottom I spotted my holding here - worth a fraction of what it was last time we spoke, but judging by a handful of posts that I have skimmed through, the ludicrous salaries being paid to the good-for-nothing Jamie Gibson and Jim Mellon's other cronies have been maintained, making it all a bit of a joke.

I wish I'd bailed at the same time Mavern (I think?) did, I'm sure I'm not alone in thinking this!

The question remains - do I want a bottom drawer that could possibly deliver something that has a track record of delivering nothing, or do I clean out the drawer once and for all and hope my memory flashes any trace of this set-up for the sake of my own sanity?

Well thanks, Italian, for the time being at least. 2020 was a particularly busy year for me and tiring - furthermore, the new norm has destroyed many of my good habits but maintained my rather healthy appetite. Let's hope all of our efforts in containing this beast are for the best and that the hidden costs don't come back to haunt us!

I cannot help feeling heartened by the recent progress here and the most welcome signs of life from our BoD, let's also hope that we are well positioned to make back lost ground!

We are in unprecedented times Heimdel, in fact the past 13 years are akin to a modern revolution. Threats to the way we live have been coming thick and fast, yet despite these challenges, markets have actually fared very well.

You may be correct, a 10% movement in a single month could be unsustainable and a correction might follow - indeed the fund managers will be acutely aware of this fact and may look to take profits, but this is only a temporary movement and the impact should only be short-lived.

Exploring the possibilities for the 10% rise might be a better foundation. Covid continues to dominate headlines over a year on from the first cases being identified in Wuhang. Nobody would have predicted the subsequent contagion and the whole world has now been thrust into working differently. Future generations will be paying for today's policies, whether it be the cost of furloughing or simply the impact of business models becoming unviable overnight. Governments across the planet will be struggling to live within their fiscal means and for this one, cuts will be felt much harder. It is therefore more likely that repayment will be over a longer time period with acceptance of debt and the relative devaluation of those countries that have been hit the worst, with those non-sovereign nations being held hostage to the fortunes of their parent currency. Don't forget, we are already seeing considerably more public money pouring into people's pockets and this time it is not being saved - inflation to some degree is almost inevitable.

Which brings me to my point. I would argue that the Chinese have somehow escaped the worst of recent events and are possibly in a stronger position than others going forward. Rather than speculating on the reasons for this (although I would hazard a guess that it lies within their cultural roots), I would speculate that the balance will shift quicker towards the East as a result.

Heindel, my answer to your question set on Wednesday is that I agree with you that a monthly 10% rise is unsustainable, however at a macro level, what we are seeing may be the effect of global forces and that it may in fact be the beginning of a correction in its own right.

Much appreciated, Italian, good to see you are well too!

What is the position on the US? I imagine things are going to be set back considerably on the Fortacin front. I'm a little disappointed that we couldn't have done something more positive during these strange times as we are supposed to be a pharmaceutical or at least have links to them.

Good to see the same names on the recent posts, have been concentrating on other things more recently to have had the time to post, but thought I'd check-in and see how the mood was.

Glad to see that there is life in the share still with a 10%+ gain according to my information overnight, perhaps there may be some value left in them after all, but I'm certainly not going to hold out too much hope.

Rather than read through 3 months of posts, can anyone summarise in a paragraph what I've missed please?

The write down (which I agree was over ten years) was, as Alquemie put it, based upon the valuation of the EU Fortacin license.

The question that we should be putting to the board is WHY are we writing down this amount each year without there being anything close to the same amount of revenue (let alone profit). It is clear to me that either the valuation was incorrect or the value is being allowed to be eroded due to poor or apathetic management.

Personally I would like to see the policy changed and the value of Fortacin written down to almost zero - for me the presence of it on the balance sheet is a distortion of the truth.

This company is being diluted to oblivion, our holdings are worth a fraction of what they were in the good old AIM days. Jim Mellon is 63 years old now and undoubtedly slowing down, I wonder whether anybody really cares about what happens here any more - an injection of some young blood is the only way to stop the rot methinks.

Same holding, I just have lost interest in checking the share price these days and found many other more productive and enjoyable things to do with my time.

The last time we headed into the 20's, the world was a very different place. The end of WWI bringing a depression in 1920/21, and at the end of the decade seeing the Wall Street Crash, an historic event which served as a reminder of the negative effects of a capitalist economy. By contrast, our ultra low interest rates and the stability that 75 years of world peace has brought with it has no doubt gifted us with advancements beyond that anyone from 1919 could have predicted. We are lucky but I cannot help but feel that we have also lost a lot of what makes us human over the years.

Kindest regards to you all, wishing you happiness and health - prosperity is a bonus so don't lose the former in pursuit of the latter...

Strange how many holders were contacted individually at the time of the Regent Pacific takeover and now we are being left completely in the dark. No doubt in another 6 months time I will be regretting not selling as I see another 50% lost on the share price. To be honest I have long thought that enough is enough on this project - that being said, there is always the promise of the next thing and in this case the US approval seems to be it. Advanced warning - I shall be selling as soon as this event happens!

Can anybody say or think of anything positive to persuade me otherwise?

Not looking too bad for the next few months then. 2020 actually seems quite close now :)

From a company perspective a fantastic RNS, positive results albeit small sample size, enough cash to take to the next stage : financial long term could therefore be very bright.

However AIM is unforgiving, unless it's jam today, it will drop. I expect this to make some good gains in anticipation of some positive commercialisation news after 6 to 9 months, otherwise I'd suggest using the next few months to pick up some cheap shares - that is if you're interested of course.

My kids are badgering me at the moment to go fishing, it wouldn't be a problem if I had a rod for each of them but I've only got my old one and a beachcaster. I must get around to checking out ebay for a few more rods and reels - hopefully should be able to collect enough before the summer holidays! Bignose, I remember watching the float in the water for hours on end, used to love that on a still evening in Cornwall, my mum and dad used to take me to the millpond along with a box of maggots that we'd try and make last the whole week! Fond memories along with the cream teas with proper cream and piles of it too :)

I cannot help but think this is waiting to fly and, when all things are considered, there still are plenty of positives left here. If only we knew when. Watching this share is akin to my childhood memories of fishing, I would spend many hours of my life just staring at the water, unaware as to what is happening underneath the surface, the odd ripple turning out to be no more than just that. Despite being routinely disappointed, I always used to go back for more and ever so occasionally I'd catch a fish, the memory of which provided perpetual fuel for my interest.

Which is a long winded way of saying that I don't want to sell because I am ever hopeful of another unexpected jump in the share price!