Member Info for redwineday

Not good. By my quick calc this will take 20m of the bottom line. They need to find some big ones, pronto...

Looks like order placing

jeez

Don't see anything moving here until divi is restarted or some other price moving action. PE is nuts a t just over 3 but if the market was going to notice it would have happened by now. So 6 month wait I fear and of course anything can happen in between times...

IMO SNYG SP is nuts for where it is and assumes everything best case. Other therapeutics are alreading ordered and competition for COVID therapies is and will be intense.

STX just need to be operationally good to make it work. Its a big just but they have a manager who has done it before, so....

Europe is a worry though. Maybe time to put Norgine on notice....no time to waste

40% higher that is

Yep. Take out the big stones and the YTD comparisons don't look brilliant. Although money is money and net cash number is comforting. Bottomline us they need to get the production up to take advantage of current prices and fingers crossed on another few blue stones.

VTU SP performance growth now 40% LOOK YTD.

I bought the wrong stock :-(

Hope the new chairman has his kicking boots on

I guess no update from STX till January now. Any Q3 news they would have released by now. I was hoping for news on payor coverage at least but doesn’t look like it is happening. Of course this is not necessarily bad news. New CEO wants his ducks in a row I imagine. More patience required I’m afraid.

It hasn't been taken our because no-one wants it.
Why?
My take is this is a one asset company where the company only owns part of the asset and the government own the other part. Since the government also dish out the mine licence then they are to all intents and purposes the controlling shareholder. So you have to ask yourself whether any of the majors would want to buy in those circumstances and the answer is clearly not or it would have happened by now. So no possibility of any bid action serves to keep a lid on the SP. That combined with a BoD with, and i being kind here, a sleepy attitude then you have why the SP sits where it is.

If this gets back to 70ish I'll be out tout suite.

down 8% but still ahead of here

I did that deliberately. my magic touch wot did it lol

given all thats going on......

LOOK BOD missed a trick in skipping any divi announcement, even if it was nominal. Excellent update from VTU this morning plus divi reinstatement plus buyback makes LOOK a laggard vs VTU and MMH.

All that said current valuation is still nuts. Even if I assume property valuation is worth 30% less than is in the books plus net cash gets me close to 90% of the current market cap, plus whatever is to come in profit in the second half (I assume the numbers will reflect the margin strength shown by VTU). If I add another 30m for H2 in then basically discounted book valuation of property plus cash is more than market cap.

Surely someone will take this out?

Only down 1.5%. result!

I also recollect an experts report had been commissioned into their commerciality which they have never referred to again. I assume it didn't give the right answer.

If anyone here has experienced PMO then this is not neccesarily good news.....DYOR

lol

MM shakeout/pi mugging. Buys and sells more or less equal over the past few days but SP down another 10pc.

Bit by bit, patience required

https://www.accrufer.com/#