Member Info for Strike123

was the high ENQ went up to in October last year when the oil was in 60s.
Now the oil is at $100, should be atleast 27p.
This is being held low. May be AB purchase is needed to kick this up.

RR is down more than BP on BP's own news!
RR doesn't depend on oil so why this is down still?
It is very clear that this share is being manipulated.
Causeway capital in California must be frustrated too with the share price.
I do not understand where all the money is going. Banks are down, Oils have not moved either despite $100 oil, real estate down, retail down, gold down, Big tech shares are down, Travel not moving so in which sector is the money going into?

Hexam, that is right lease liabilities of 9bn.
Outlook is good. Some idiots who were talking about RI are bitterly disappointed. Any weakness today is an opportunity to add but I doubt we will see yday low prices today.

Not great results. All depends on recovery of air traffic. Anita and Warren was forced to buy shares at £1.20 and £1.36 but investors did not believe in them and sold off. If I get £1.20 then I will be out. Should have sold it 2 days back. Can't see this going to £1.50 this year. May be £1.30s in summer and is the opportunity to sell but I don't want to wait for £1.30, which is not a big rise.
No mention of dividends. Don't think there will be any in 2023 too. Worst among FTSE 100 as almost every other share is reinstating dividends of some amount. IAG too offer no dividend but more scope for share price rise than RR. I hoped Electric aircraft would be a game changer like electric car for Tesla but no revenue on that until 2030 yuck!
May be I will sell if I get 117p on opening but I doubt that considering Russia :-(

I never tell my losses to my wife. Why make her as well sad and feel the pain although she is much stronger mentally than me but still telling her about the losses is not something I want to do. I have decided to trade from now on and need to learn to not get FOMO. I feared that I might miss another big bang RNS like the P2 one and stayed in for the results! In pharma, never hold for the results. You can still get in if it is good news. May be results from other sectors do not cause this big drop? Or it might. Unless it is a FTSE 100 company, I will *try* not to hold for the results.

Absolute disaster. Never ever hold pharma for results! Started with IMM, MTFB, ODX and now SNG. NCYT another disaster.
Make money with pharma before the results. Trouble is you don't know when results would land. Never assume that results will be positive! Although in SNG case hoped that they will be as US Activ2 phase 2 was successful!

The drop is ridiculous. MERC pill only 50% efficacy yet it got FDA approval! It did not drop 50% on less than 50% efficacy? Compared to SOC, it did not exceed but it still did work? Even Dexamethasone worked without the Merc or Pfizer pill? Anyways lost what I could afford to lose but not feeling nice losing the amount. Sorry for those who lost big. It is not easy to digest but health is more important. You can recover your loss in another company or may be forget investing all together for sometime and take care of your health.

For my understanding, was the last patient dosed in November? Once the last patient is dosed, it is 30 days observation?
Then Paraxel start collating data for all the patients? Timeline to do this by Paraxel is 90 days? Once Paraxel is it ready with the data, update SNG immediately and then SNG to immediately release the results? Can someone please confirm the above? Thank you.

Andy, yes, I saw the pattern this month with the decline every week without RNS.
I will top up next week if it hits 160p. Not just me but many will jump in at 160p! GLA

it is moving up nearer the close now!
173p close I guess...

Andy, Considering the number of trades and the volume, I do not think it would decline next week if there is no RNS as positions are being taken today!
It will be a wait and see from next week.
We have some big buys that went through and Algos also placing good volume trades. Definitely lot of effort is being put by Algos to not let the price go up and at the same time load up at this price so next week, it could spring back to 180s.

Huge BUY of £130K O trade filled at 172.9p 15mins back!
Something is buzzing!

Matt/Woodstock, yes, bar is much lower than 70% for SNG. You are right that medications are brought to the market with 50% success rates and SNG's P2 had 98% efficacy? Last year, RM also said that SNG will apply for FDA approval in March if we are still in pandemic phase but considering the recent variants, SNG will definitely apply for FDA approval.

The key words are - "applying FDA approval in March" so back then he expected that the results to be in by now? So we are very close to the news!

oh well some are panicking and selling as if they are confident that result is negative when we haven't see any RNS yet.
Obviously all those who sold will regret and will buy back quickly! I just now managed to top up at 170p. The director bought at 189p and Polygon bought at much higher levels!

Almost every pharma that produced a product to attack/manage COVID has been successful except that how much effective they were. Even a MERC pill with 50% effectiveness got FDA approval!

I'm pretty confident that SNG would be effective too against COVID. Interms of efficacy, even 70% effective is good enough for us. Considering the progression to Activ P3 trial in US, I would say the efficacy is much more than 70%!
Interms of time taking longer than Pfizer trial, SNG is a very small company compared to a multi billion Pfizer company!
Hold for Gold!

Couldn't resist to say that I love the analysis of Hitman too.
KO, our time will come. You have been patient for long time. Just need to be patient for some more time.
Thing to remember is that our 2021 FCF is almost equal to Mcap. If this was a US company our share price easily would have been £1+
AB wants to see the returns on his shares too.
Once we see $100 oil, am pretty sure we will hit 30p and once 30p is gone, no looking back. Happy to wait patiently. GLA.

Actually it is the wife of Head of Communications that purchased 8520 shares, which is £16000 worth 3weeks back. One way it is a very positive sign as why a spouse would buy the shares now? If it was the wife of RM or one of the other scientists then it could be seen as an attempt to prevent the share price fall. Also one could ask why just £16000 and not house on SNG if the news is good? It is the wife of the director that bought and she could have waited with her purchase if she believed that results are not coming soon. Lastly , why would one risk £16000 @1.89?That £16000 would be worth £85000 as per the projected price targets.
IMO director purchase indicates that there is good news coming up. Current price down is due to panic by PIs. Also the fact that we are through US Activ2 trial P2 and into P3 gives me even more confidence that efficacy of our product is no doubt the best. I will not regret even if I lose all of my investment here if am wrong but looking at the risk reward, this can be life changing for me and for all. If this hits £10+ like NCYT did then I can hang my boots much earlier than planned!

KO, based on Romaron's Bloomberg post about $100 oil, I don't think oil will fall to $80. While the Iran news is out since few weeks, oil has been rising quickly from $90 to $95 now and soon we are going to see $100 oil.
One thing for sure even if oil drops to $80 for whatever reason, SP will still be at 21p :-) but $100 oil should motor the SP to 30s very quickly IMO.

21p is establishing as the new base. We need more retail investors like you and me. Algos will then run to the hills. Probably many have already placed their bets on several oil companies. Now which one is the better bet is the question?

With 2021 FCF close to Mcap, ENQ is the better bet for me. I have small amount in HBR but I think money can be made quicker in ENQ.

https://fintel.io/somf/gb/enq

Excellent find Romaron! Drums are beating! Hopefully we will see a big bang RNS one day.

"We're better being off the radar and can just get on with building and producing decent FCF and reducing debt. If BP can't move forward with record profits don't expect us to advance either. Something needs to change and thankfully it's the Majors taking the pressure"

Romaron, wondering if majors might be better off bidding cheap companies like Enquest that
are already producing oil and have big reserves.

A kick off of M&A is needed in the oil sector to bring big institutions back. Valuations are too cheap. If British Airways can bid oil companies for few billions then they need not worry about sky high oil prices. I might be sounding desperate for a higher SP but I believe M&A in oil sector will kick off soon with oil price getting close to $90.