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Jim Mellon recently interviewed in link
Https://www.lse.co.uk/rns/AUK/holdings-in-company-gog43km565blgyo.html
....I'm surprised by how quietly this was received
This is evidently a business which has NEVER made a profit over many years and evidently can only survive by arranging a placing every year or so. These are facts on which the 'pros' and 'cons' should be able to agree. As for opinion, my opinion is that peoples 'views' are derived from how many share they own and at the price they paid rather than any sincere belief in the company's prospects. There is not really any other likely explanation for the torrent or posts from Laura22 for example. There have been 29 posts today and not one word has contained any new thought on this company. Whilst there are shares on AIM which can be bought for a penny or so, there will be 'investors' buying them and pumping them for a quick trading profit - this has nothing to do the with the fundamentals of this company which are absolutely awful to any objective and intelligent commentator acting in good faith
Aberystwyth you embarrass yourself, but the sad thing is you don't realize it. Nobody on this planet would either short such an illiquid tiddler and equally such a low-rent situation couldn't support a "PAID" poster such as exist in your paranoid fantasy. It was a mistake to buy these shares but no do not solicit the cash of the wise who are uninvested to rescue from your own bad judgement
You spout such tosh Laura2022, the trades you refer to amount to a net value of £1200. If you present that as "some nice buys" you are clearly acting in bad faith. I think most here understand this but I am here to help tilt the balance against your more ridiculous unchallenged fictions
01-Dec-23 16:29:41 1.69 50,000 Buy* 845.00 O
01-Dec-23 16:25:39 1.636 31,293 Sell* 511.95 O
01-Dec-23 16:03:04 1.70 2,412 Buy* 41.00 O
01-Dec-23 15:25:15 1.67 50,000 Buy* 835.00
I can only speak for myself. I am offended when posts which are little more than lies by omission and make absurd and misleading comments designed to lure in the naive and stupid appear here unchallenged. It is particularly offensive when people pass themselves off as investing here for altruistic reasons like helping to cure cancer. The main problem is that such posters are not very bright and won't respond to intelligent rational argument, probably because they don't have that ability or are poorly educated or more likely. wilfully refuse to answer because they are acting in bad faith, i.e. they want to gg the share price up so that they can bale out of as stupid decision to buy the shares at a higher price. For clarity, PYC has produced zero for shareholders over many years, indeed they have burned through millions of shareholders money, the only beneficiaries have been, not cancer patients, but the insiders who fees which is never earned
You are right in your observations Porky5, these aberrant conditions have persisted over the past 10 years or so as the result of QE and zero interest rate policy. Resulted in punters buying worthless AIM shares in the hope a a capital/trading gain because the alternative was a guaranteed 0% anywhere else. Now it is possible to get 4-5% from deposited cash, punters are waking up and realising that 4% certain is better that risking cash on AIM shares. Laura2022 is a hangover from this period now ended and there is a diminishing pool of such punters to prop up ridiculous non businesses like PYC. This trend will take a little more time to unwind, partly because many people believe 'normal' conditions i.e.zero interest rates, are going to return, but the 30 year Treasury gilt says otherwise, Laura2022 won't get it but I know you do
Occams razor points to bad faith as the primary reason for positive comments here because the arguments presented don't hold water of are obviously wrong or irrelevant, and the frequency of such posts e.g from Laura2022 can only be explained that way. I am going to refer this to the Authorities because it is so obviously an attempt at manipulation
Laura2022 has literally posted hundreds of times about PYC - a typical example from a year ago is below. The point here is not that this poster has been consistently wrong and ill-informed about PYC, but that there are very few likely motives for such a campaign, none of them very much to do with a 'good faith' discussion about the Company. Most likely is the possibility that the poster is attracted to tiny share prices rather than fundamentals (there has been a miserable and misjudged foray into Aptamer for example), and in the case of PYC is stuck with a pile of shares paid for at much higher prices.
Laura2022
Posted in: PYC
Posts: 1,837
Price: 2.30
No Opinion
Truro17 Oct 2022 08:47
And the fact that we have excellent finances and outlook..( the amount of discounted fund raises evert day proves what a fantastic position PYC is in with 2-3yrs of cash runway and record revenues and growth
Company is pleased to have bounced back to its highest ever level of total income for the year ended 30 June 2022 and sees opportunities for the current financial year in both its core consulting business and in personalised oncology. The global oncology pharmaceuticals market is anticipated to continue to grow strongly at around 11.6% per annum through 2027[1] with the biosimulation technology market (all therapy areas) predicted to grow even more strongly at 13% per annum through to 2030[2].
If you don't understand how this tiny company would be of no interest to a shorter then you are showing how uninformed you are about the market - but your response is so obviously a typical false flag post that I can see there is no hope for an intelligent dialogue
Do you realise just how small this business is Laura2022? The plc costs are proably around £350k-£500k which is approximately 25% of market cap. It shouldn't really be quoted as it is too small to ever make enough profit to pay out to investors. As to 'big pharrna', a business of this size is invisible to acquisition screeners, just investigating a potential target would cost them £1m or so and there is no reason to bother,. Any potential acquirer (dream on) could pick up the company in the market for the price you are paying for shares today......In general you seem unable to marshall any rational arguments in favour of this company and it is deprer^ssing that so few posters challenge you.
The agency problem, the directors and insiders do not need it to be profitable (and the business model is not profitable and never has been), because as is evidenced by the past ten years, expenses and salaries can be obtained from a constantly changing shareholder base coughing up placings which lose money for them. The operation, really can't call it a business is of no interest to anyone except shareholders who like to get lots of shares for not to much money, and penny punting fantasists. For this unfamiliar with larger sums of money, a million seems quite a lot, but whereas a million invested in residential real estate ten years ago would have produced a good return PYC has produced a minus return. Many petty cash accounts in real small businesses would have a bigger annual turnover than this project
After many QE inspired years of zero or minus returns not really mattering, this must now be judged as an investment, and it has been an appalling one to anyone who bought the shares within the past decade. If not now, then when, will profits be earned? I see no real prospect for of profit and the company doesn’t even use the word, so (serious question) why bother?
Laura2022 I think there is an obvious problem here for innocent observers who may or may be considering buying the shares. The number of posts you submit and the number of unverified assertions you make are clear circumstantial evidence that do not act in good faith. The most likely explanation for this pattern is that you are promoting the shares without declaring your position in them, i.e. how many do you own and why. Further, citing Ocams Razor the most likely explanation generally for your behaviour here is to entice others into buying so you can sell for a speculative profit, fair enough if so, but you need to make it clear in those circumtances that you cannot warrant that you actually believe the uncritical heavily biased view you are promoting here. For the record if this post is removed I shall contact the FCA to complain about a 'false market' being created here by you
No profits are forecast and none have ever been made, what does that tell us I wonder? As to this RNS which should have been a Reach: "Project's total costs, shared between the three partners, are expected be £570,651, of which Physiomics' costs are expected to be £196,251 (primarily comprising staff salaries). The Project costs are 70% funded by the grant, hence Physiomics will receive £137,376 over the course of the Project "
We must hope they don't win any more grants since only 70% of costs of these invariably loss making projects is recovered, i.e. baked in loss of at least 30%.