Member Info for skittish

Good chance of a significant RNS announcement @ 7.00am!

I'm not too sure the article should be taken too literally.

They say - "Tracking last 52 weeks, the stock 52 week high price observed at GBX19 +0.00% and 52 week low seen at GBX7 -63.16%. "

So they are talking 19p as the current price at time of writing.

Then they say - "Analysts also expected that stock to achieve share value at GBX1,611 +8,377.72% in coming one year period"

So that isn't 161p it is 1611p ie £16.11. Current market cap is around £120M - so 1611p gives a value of around £9Bn.

I'd say that was a tad optimistic.

YGEN also issued guidance on 8th April last year but none this year, thus far. I suspect that they might have been intending to issue guidance but COVID19 has turned everything upside down. There are hints that they are very busy, but presumably the NCYT and NHS contracts will involve some additional costs being incurred initially prior to invoicing and payment taking place.

The year up to March 2020 will be effectively irrelevant as regards forwards guidance, and as yet they don't know what the actual revenues for 2020 will be, apart from the fact that they are likely to be be significantly ahead at this early stage. Hence no April update as yet.

Hopefully we will get some indications shortly on what exactly the COVID work means to YGEN, but even NCYT appear reluctant to put financial numbers to the COVID work that they are doing probably because they at present don't know the magnitude of what it means P&L wise medium term.

No doubt the numbers will come in time and lead to a significant re rate for both - but maybe 1611p for YGEN is going it a bit.

As of this morning the second mega lab at Alderley Park is fully operational and has begun testing.

Possible implications for Yourgene as it is only around 10 miles south of Citylabs?

Primerdesign tweeting about Iran.

Possible sales there?

Primerdesign
@PrimerdesignLtd
Some 56,000 Coronavirus Patients Recover in Iran
#COVID-19 #staysafe #Primerdesignltd #NCYT
Some 56,000 Coronavirus Patients Recover in Iran - Society/Culture news - Tasnim News Agency
TEHRAN (Tasnim) – Nearly 56,000 coronavirus positive cases have recovered from the infectious disease in Iran, the Health Ministry spokesman said, adding that the daily death toll from COVID-19 in...
tasnimnews.com
11:26 am · 18 Apr 2020·Twitter Web App

Plenty of anti NCYT and anti virus spin this morning - already looking good for NCYT next week.

There is a vaccine for flu otherwise many times more would die. There is no vaccine for Coronavirus.

£400 incl P&P - highest price I've seen yet.

Further RNS's on AAA today.

Gledhow Investments reduced 3.21% to below 3%
P3 Capital reduced 4% to below 3%
Flare Captal reduced 3.94% to below 3%

All on 16-4-2020

On 3-4-2020 Chris Ackers reduced 14.945 to 11.30% = 3.64%

The aforementioned 3 companies all share the same registered office address, and share some directors, so obviously all working together. If they've reduced to 0% then their holdings taken together with Chris Ackers 3.64% amount to 14.79%.

They also appear to be linked to Peterhouse Capital which is the broker for AAA and also similarly associated with ASLR.

Almost exactly the same as taken by Peter Antonioni with his 14.5% or 100m in AAA on 16-4-2020.

The shares transferred in ASLR on the same date @70p amounted to exactly £1 million. Transferred to a single person or multiple people?

Well I like round numbers.

AAA are raising £1.26M as announced on 3-4-2020 by issuing 126M shares which sets a benchmark of 1p, notwithstanding the fluctuations of the share price.

So it could be that on 16-4-2020 Peter Antonioni sold £1million shares in ASLR, and bought 100M shares in offshore AAA @ 1p. Maybe the shares were even swapped so Peterhouse Capital or associates now own those ASLR shares.

Not sure exactly where this goes but it appears that the "goodies" are being spread around all the movers and shakers involved in ASLR so as to ensure that everyone gets a slice of the pie when the RTO actually takes place.

Hopefully it is a good omen.

Just Tweeted -

ourgene Health
@Yourgene_Health
·
11m
Yourgene Health are proud to be supporting #Novacyt #NCYT with the manufacture of #Covid19 PCR tests https://bit.ly/2Jg0ZsQ

https://twitter.com/Yourgene_Health/status/1251112813894021120/photo/1

Slightly ambiguous.

Edging up.

Bottom fishing....or something more calculated.

I guess we'll find out eventually.

I guess if I were Forum and had intentions now would be the time to top up to 29% with the buying price around 0.15p

They bought their original circa 21% stake at 0.5p - so must see that there will be value at that price eventually.

And we were told by our current non-exec Chairman that the Forum deal now at 0.13p was better than the MacDonald/Align deal at 0.8p.

Hopefully not one of them will ever be seen at a plc again - Cope, Sefton, Cane, Berwick.

ASLR would appear to be intent on doing a reverse takeover with Sentiance which is a machine learning company.

Others are involved also Mesh Holdings and it appears AAA.

ASLR were suspended at circa 47p, but shares appear to have been traded recently at varying prices between 35p and 70p. Quite why I'm not sure.

Exactly where they are up to is unclear - no doubt if they manage to pull it off they will issue a prospectus and give notice of their intention to relist.

If the deal doesn't go ahead then they can come back from suspension - but no doubt at a lower price - if they remain suspended for longer than 6 months then they will be delisted. A few players seem have been putting some real money along the way.

Fingers crossed.

Well at least somebody is pleased!

But then it was always DS's intention for AAOG to deal in distressed assets. The only thing he didn't mention is that it would be AAOG that was the distressed asset.

From the ZEN RNS -

Andrea Cattaneo, Chief Executive Officer, commented:

"Acquiring a 56 percent interest in the potentially transformational Tilapia oilfield, as well as 100% of the approximately US$5.3 million in receivables, for a consideration of GBP200,000 is a fantastic result made possible by the exceptional circumstances brought about by the COVID-19 pandemic, as well as the current low oil price environment.

We are fully confident that the necessary regulatory approval process in the Republic of the Congo for the transfer of ownership, as well as negotiations for a 25-year renewal of the Tilapia licence, will conclude positively, having been delayed due to the difficulties caused by COVID-19.

I believe we have obtained significant value for Zenith shareholders by concluding the transaction under the revised terms and I look forward to delivering further good news in due course."

Joke!

And DS is the Joker!

We are now close to the endgame.

Start off with a £1Million - cash and shares - then £800K - then £200K.

But then as we were never getting the £1Million, or £800K does it really matter. May we will get the £200K - just - as that is a more realistic figure for Zenith to be able to pay.

The shares might even rise on this news!

If the persistent seller has gone we will know early door tomorrow as the brakes will be off.

First target 23 1/2 p last reached on 23rd March 2020.

Breach that an it is blueish sky.

The 2.8M and 3.8M were yesterday, although it may have taken until today for them to be traded to buyers.

The 500k is today.

Whichever way it bodes well for significant uplift tomorrow, whatever else is going on.

"I trust she has her desk ready at atog"

It is the same desk!

She probably just has to move her chair a couple of inches to the left (or right) so as to catch one of DS's little brown envelopes as it whizzes past - probably stuffed full of IOU's and soiled wine bottle receipts, anyway.

This whole exercise was to relieve ZEN of the need to issue shares to Anglo. Forum probably don't want them anyway.

Do we really think ZEN are going to come up with £800K? Or even the first instalment? Before 20th July? Quite why they are going through this dance I'm not quite sure. Congo I would think are in lock down. The Ministry are well over a year (maybe 18 months) behind with the last licensing round.

No reason for Forum not to make a move now, whenever they are ready.

Yes - very interesting.

Filed by Peter Antonioni the founder and sole shareholder of 192 Pte Limited.

192 Pte now has 14.5% of AAA.

Peter Antonioni is of course a 5.47% shareholder in ASLR having acquired his interest on 24th February 2020, at least in part from other major shareholders including Chris Ackers who is also involved in AAA.

Maybe coincidence, but one of MESH Holdings directors also has an address in Singapore.

https://beta.companieshouse.gov.uk/officers/XJvJufaRaV3us9mveU1Lm5yvUMQ/appointments

At least things appear to be moving along, although quite what all this game of musical shareholdings means I'm not quite sure. They obviously intend to make money out of it all - maybe some profits offshore via AAA so not liable to UK tax? I think AAA is Cayman Islands? No coincidence that shares in ASLR transferred this morning, notwithstanding the suspension.

Clearly they can only make real money if Sentiance reverses into ASLR and MESH and gets listed via ASLR, so hopefully these are signs they are progressing with that.

My main worry is that we may run out of time viz our 6 months, but we have around 4 months to go yet and hopefully COVID19 won't put the skids under that.

I wonder what the intended listing price will be - certainly not less than 70p, possibly quite a bit more.

I think YGEN is very much a "forgotten" share in all this COVID business.

The NCYT and NHS contracts could be particularly important as they could allow them to break into profitability, which may have significant implications going forwards.

This appears underappreciated by the market.