Member Info for Skeletor

Why does everyone think we are due news by August? I admittedly have gone along with this but have scanned all RNS since April this morning and can’t see August mentioned... All I can see is July for Covid hospital trial (which if you go far enough back was originally due June - if history tells you anything then it is interesting to note that when this got changed to July there was no acknowledgement of this being a delay).

Let me know which RNS August is mentioned in so I can recheck....

What is slightly more frustrating is 5 weeks after positive Covid news in an environment where every day counts we have had silence. I appreciate that I expect internally SNG have been very busy but it would have been nice just to touch base via an RNS even if just to let us the primary focus and the boards expectations.

6.4% yield based on this distressed share price. Anyone who hoped to see 400p again is much less likely to if dividend is rebased around that level.

So much pollution on this board. I remember being able to come on here once a week and read a couple of messages from informed posters (both positive and negative).

Now before 6am there are posts from gamblers who have just drunkenly stumbled out of the casino and illiterates who’s spelling is so bad I can’t believe they ever worked out how to open a share sealing account let alone earn enough money to invest.

I know there are some good posts in here somewhere but I haven’t got the time to find them.

Hi

Is it July that we get the COPD trial results or is that later?

Also - for more long term holders... did I miss why happened with our joint venture on LOXL2. Did that get sold or is there still some pending income on this?

Thanks.

Thanks Nige

I got into SNG completely by accident over a year ago when Covid was just flutter of a bats wing in a Wuhan cave so have been v lucky.

Also in GGP with a 9p avg after following tips from this board... Lets hope luck comes in 3s... (the 3rd being I get a job from one of my 3 interviews after being made redundant a month ago!)

Anyone worried that this might take the shine off SNG today if the vaccine is also showing positive results?

Can I ask (genuine question)

When people talk about seeing what happens to a uk listed stock when the US market opens what do they mean?

The stock is listed on the UK stock exchange so why does the US market opening make a difference as the share is not available to buy on the US market? I get that the Dow opening up or down can effect general sentiment on the Ftse etc but why would we expect that at 2.30pm there will be a sudden rush of buyers when SNG has been available for Americans to buy since 8am this morning?

SNG has paid off today big time whilst on the subject of Covid stocks.....

If the drug is as good as trial suggests then it could be a long term positive for the whole market....

Very happy and posting here as so much noise on sng board and I know others here were invested.

Not sure why they are raising money if they are already sitting on a cash pile (which every report always shows to be the case...).

In theory it’s a great idea to invest whilst land is cheap but land is cheap for a reason.... and I would have rather they spent some of the cash they allegedly have first before asking for more.

Downgraded to neutral by Merrill Lynch.

Thanks Tiger.

Very useful.

Like I said below. Agree with most of your opinion on motley fool but then without them (an article from a few months ago not the recent one) I woudl never have added SLP to my list for research. In fact I would be unaware of their existence so to that degree they serve a purpose.

Out of interest how do others find out about shares to research? These chat boards are obviously a good place once you have established who has credibility and still dyor but that aside - the fool is my main way of stumbling across investments.

Cheers

Thanks for your reply.

I agree with your appraisal of motley fool although I do find it a useful start point for doing research or getting on to chat boards.

I also think a number of bearish articles on a stock from the Fool is enough to warn me away from otherwise appealing fundamentals... BT and LLOY being 2 examples of this.

I wonder where the 10% comes from? Either way... a defensive stock with no debt and a cracking PE/growth story is somewhere for my money regardless of yield.

aTB

https://www.fool.co.uk/investing/2020/06/02/revealed-a-10-dividend-yield-i-think-could-save-you-from-the-global-recession/

Please can someone on here who knows more about this share taken I do (probably most of you). I like the look of this share without a 10% yield.... but why does the article above suggest a 10% yield? I can’t see any such dividend declared or historically paid? I’ve been through the last 12 months RNS and still can’t see it. Is the article mistaken or have I missed something?

Thanks.

I also think TW were around 140p back then.... Canm anyone genuinely make a better investment case for them today vs December 2018?

Posting on here and a couple of other boards as I think there is good discussion with reasonable people to be had.

On the 27/12/2018 the FTSE All Share closed at 3591 - 15 pts ahead of today.

Back then you had the threat of a no deal brexit with just 3 months to go but nothing like the numbers in parliment to let it happen as we have today so also there was still the realistic chance of a second referendum.

Back then There were tensions between China and the US.

Fast forward to now and we still have the realistic chance of a no deal brexit - maybe not in name but in terms of damage to the economy we could fail to agree any sort of trade deal and this time there is no chance this time of a pro remain parliament coming to the rescue

We still have a China v US trade stand off

We also have the small matter of a worldwide pandemic which if it hasn't already is going to cause a recession, the size of which may well be bigger than we have seen in a lifetime or best case will still be pretty nasty - the 2008 crisis actually caused relatively little unemployment.

So everyday I wake up expecting a market correction - Maybe not back down to March the 20th levels but certainly somewhere in between.

I sold half my Aviva shares this morning thinking they were due some sort of correction from the last 5 days of increases and put the cash into IGG which gave an absolutely stonking update yesterday. Aviva are up another 6% and IGG down 2.5%....

Ultimately I am happy to see the rise and am getting close to pre Covid levels in my ISA but as I demonstrated this morning, I am getting an itchy trigger finger about this rise being a blip and am keen to not just sit on my hands like I did back in March.

If the FTSE all share is worth 4600 and the FTSE 100 is worth 6500 with Covid 19 what value would it be without!?

I just came into the board for the first time in a couple of months... 500 messages today!? Far too many for me to read. I remember when I was lucky to read about 1 new message a week. I suspect a lot of the messages contain ramps and de ramps normally associated with AIM oil explorers. Plenty of “Boom!”s and “burn shorters burn”?? Wish there was a way of just filtering to the informed posts.....

I just bought back in again. Kicking myself for not getting in a lower 600s but still seems a good price with everything else so uncertain... I also think there are plenty of other bargains out there... perhaps even more so than this... the only thing is that the other “bargains” could still drop significantly further on bad news so seems to be time before jumping in whereas ig should be immune to bad news (except suspension of the stock market). Will see. I have this years ISA allowance still to place and I’ll kick myself if I leave it unused as the market recovers towards the 6000+ but I will also kick myself if I start ploughing in now and we test 4900 again. Seems having my cash in IGG whilst I remain indecisive is a good compromise. Re the earlier comment below regarding tobacco... if I wasn’t already heavily in IMB then it would seem a no brainer to me to go in to this 13% yield with assurance that Corona virus has not harmed profits. Cheers

Managed to get out at 131 this morning. Have gambled on getting back in lower sometime this year. Having sat on my hands on all my shares in the initial plunge I have got into quite a nice rhythm of selling big risers on the FTSE up days and buying in some sharp drops on the FTSE down days. Has worked well with LGEN selling at 210 a week ago and buying at 158 on Friday. Same with MCRO.

On a separate topic I have been in SNG for around a year. Bought at 6.8p. Normally I enter a share with about £3k but only went £1k on this so bitter sweet that it is my first ever experience of a multi bagger. Still it has definitely helped cushion the pain of all my other shares decline the last 2 months.

ATB

I still don't understand why loyal PIs weren't given the chance to buy these at 35p? I have been here for over a year an put up with lows of 6 or 7p a share.... now things are all "rosy" why wasn't I allowed to partake in the book build at 35p rather than now have to top up at 43p?

I hold with HL... I just logged on and I have no messages offering me my share of the Placing.... does anyone know how I can make sure that I don't miss out?

Thanks