Member Info for saigonsally

I do just wish HCM would switch to the main London market as befits a company of our status. As Jatw says even if the IHT benefit still exists it may not do so for ever. There will be some such as Bhim who switch to other AIM companies but I think more would join than leave.

Does anyone know how much of Low6 we own? The final report for 2020 said we had invested (without disclosing what share we had bought) and the 2021 interim merely stated we had increased our investment (a paltry £35,000 an RNS disclosed) so with £235,010 in Low6 what portion do we own and how significant a holding of ours is it?

I would be horrified if HCM were to abandon London. For some of us overseas holdings are particularly difficult. In the video conference I referred to a week or so ago the head of TILS was loudly damning AIM as a market to list on for biotech which is why I posted (not that withdrawal from London has done him a blind bit of good). I would love to see HCM move up to the main London market or the 350 where they could be accessed by a number of funds for the first time as well as other people noticing them.

youtube.com/watch?v=MVP8XyJruDw
For us with listings in the UK and the USA I found some interesting perspectives & observations from panelists in the Dechert's conference. (Davey, you will recognise one of the panelists)
If the link doesn't work search youtube for: Healthcare Deals Conference: Capital Markets | Strategies for Success in European and the U.S.

Excellent article making a compelling case, albeit with provisos as is the nature of our investments. I am up 44% on RGO this year and it's nice to finish the year on a +5% day; I shall be more than satisfied with a similar performance next year and with the possibility of even better...

Davey,
I take some comfort from this article as I do not believe HCM has any ties with the Chinese Academy of Military Medical Sciences. And as the objects of our company are so transparently for the good of mankind one hopes we will suffer no adverse effects. I know the Beigene sp has been hammered since November but has it actually been blacklisted?
SS

I've looked at the company website. I have read the annual report but I cannot see anything about the Pref shares. They do not seem to be receiving a dividend; how much is owing to the Pref holders? Should I buy these instead of the ordinaries? Appreciate any advice. Thank you. SS

Jatw, to judge by the price movement today it seems your forecast of rotation into HCM may have begun. Long may it last...

Perhaps we have already had our falls and are seen as "fair" value?

They're going to need that much just to buy out Davey...!

Is doing its best to rival the Scottish government in its loathing of business and wanton destruction of enterprise. We know there are just a few swimming pools worth of water to be pumped out and yet the jobsworths are doing everything they can to justify their own existence even at the expense of destroying a business. How we have allowed things to get to such a state I do not know but it will only get worse with the lunatic fringe masquerading as a government. Deeply depressing

What may have spooked the market is that in June the Satago trial was lengthened by 6 months. That did not sound good no matter how they dressed it up. The system works, let's buy it, LLoyds did not say. And today we get: 'Alongside Satago's trial with Lloyds Bank, which continues apace, management continue to work on further potentially significant strategic partnerships...' which could be interpreted to mean Lloyds still won't buy it but they've kindly given us breathing space to sign up with some minor deposit taking institute before officially cancelling it.
I hope I am wrong as I am sitting on a huge loss here but one reads as much into what they don't say as what they do say and I am not sure how else to explain this collapse in sp.

share price clobbered because remains loss making. Market cares not a penny for assets at the moment only for cash generation. It is disspiriting to be valued like this.

H1 results ARE out and the sp has fallen off a cliff. Gullible me was drawn into this by Justin but from now on will sell any share he recommends. His is the kiss of death I am sorry to say

Some familiar names here... Hello all.
Most disappointed by the price at the other place but the market is not in good humour with anyone not generating shed loads of cash. Like some of you I may stick in a couple of k and leave it to simmer for a few years and see what turns up but I suspect there will be numerous cash calls diluting our 54%

That's £5m in 6 months which if it were £10m in 12 months gives us an undemanding PE particularly with the new revenue streams and ramp up in production. That's why my money IS here...

The market is in unforgiving mood. Assets seem to count for nought. Cashflow is all. Therefore if there is an hour of euphoria upon launch you just know it will fizzle out. Until there is actual cash generation I doubt either Greenroc or Alba's share price will go anywhere. It's a question of patience will be rewarded I believe

No, it doesn't but I regard this as a buying opportunity. The market is in unforgiving mood and is marking anything down harshly that is not hard cash generation. Assets, technology and future earnings count for very little at the moment so there are bargains to be had for the long term investor with vision

Mr Milky, I hope you were able to join the meeting. I tried for 20 minutes and gave up. Was it any good, should I seek out the recording?

Well it ain't me. On the contrary, every time I buy more - no matter at how low a price they continue to fall further and as a consequence I am well below the waterline. I cannot understand this frustrating share.