Member Info for richmanpoorman

We all like rockets chopsie.

I forgot about you - just the three of us for now but I agree this is just too good to stay hidden. I have not seen as good a broker view of a trading update for some time - "exceptional" is a strong word for them to use. And yes I do realise FinnCap are Lidco's house broker but they are not wrong when they identify how much stronger Lidco is than its closest UK competitor and yet how much lower their rating currently is. We are now seeing that this is about to change. Due another tick up soon - LP at 19.4 at top of current spread.

Rising still - now 18.85/19.25. Should hit 20p in next hour or so. Prediction for close tomorrow? Guess 22/23. Looks like it's just you and me reaping the dividend here Petertee.

Actual current spread 18.3/18.8. I agree with you that this is now rising solidly and will break 20p today - markets a bit slow at the mo but this is creeping along nicely. Nothing too extreme to attract the day traders but the sp is now being re-rated in view of the excellent trading update. 27p is now looking to be minimum fair value.

good steady rise - now with volume picking up. People are seeing value here. Read the posts below for full story.

the rise commences - steady rise on low volumes to 17.25/18.5 (actual spread 17.8/18.4). I see us getting on towards the 27p target next week. Good Press on the trading update and a bullish house broker will see this break 20p very soon.

"exceptional" is how FinnCap describe the trading update. See http://www.reuters.com/article/rbssHealthcareNews/idUSBNG51616520090819

looking good for rise tomorrow once all have digested the trading update. See also http://proactiveinvestors.co.uk/companies/news/7449/lidco-group-sees-first-half-and-full-year-sales-higher-yr-on-yr--7449.html

revenues significantly higher, maiden profit, strengthened balance sheet - all sounds good to me. Can someone post the link for the actual FinnCap analysis saying why it is positive with a 27p target? That's a rise of over 50% from todays sp - very nice indeed if that comes quickly. It did with VOG when a broker gave that a 7p target and it hit it within a few days - a 75% rise.

i've bought in here and pleased to see the rise - looking good. it will however need to be a good rise otherwise i may get heartily sick of the majors posts.

that is indeed the question. i have seen talk of 40 to 45p as being the management's view on take-out value but i've also seen 30p mentioned. if no bid materialises then this could be back to low 20p's. wish i could be of more help! if you like the profit you are sat on now then sell and don't look back. i sold at 26.75p so what do i know!

just got in - what a great surprise. LP 7/7.75. any further upward movement you reckon?

LP bid/offer 6/7. Be interesting to see what it closes at.

a £10k buy is not massive but i guess he wouldn't have done even that if he didn't think it was worth doing. And the share price drops in response! great. I'm beginning to think my money could be doing better things elsewhere.

the takeover is coming. Live price 26.5/27 and it has been higher. I expect a bid at 30p and the management will hold out for more

"Minster remains my share pick of the decade and I am expecting the sp to triple by September and hit £1 by the end of the year on its way to a FTSE 100 entrance early in 2010 and a takeover by AstraZeneca at £17.43 per share on 18.04.10." How's that for a suggested draft of the article?

Wow - a bid at 40 to 45p would be very nice indeed thank you. Probably unlikley at that level but let's see what the news is tomorrow - I agree that it must be good or the Directors would have had no justification to say that 25p significantly undervalues the company. The sp at the moment is tied in to the 25p offer as there is no hard evidence to justify valuing the company beyond that level - this may well change on the announcement tomorrow. What's Morse code for fun, fun, fun.

Bids plural???? I have bought in to this even after the bid announcement and the resultant shoot up in the SP as I am confident that the trading statement tomorrow will be VERY good. The RNS mentions "approaches" so there is more than one interested bidder out there which could spark a bidding war and an even higher take out price - one which the Board will recommend as properly valuing the company. This should be fun over the next few days and weeks. Hold tight.

well spotted. positive news indeed. do we have any info on the value of the commercial application of the drug for migraine with aura? and how long will it take to get the drug to market? i guess there will be a lot of approval processes still to go though? hopefully the sp will start to move forward now there is clearly a business and a future here.

This is positive news. Confirmed still have cash for another two years and Kumar would not have joined the company if he didn't think he can find market applications for the two drugs. Early publication of a positive peer review re migraine with aura will send the sp soaring. Time to fasten seat belts.