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Riddler, my question was a rhetorical so there was no need for you to answer. However please answer this, why do your posts always contain personal abuse at anyone who disagrees with you? Do you think that’s a clever approach?
With regards to your question, let me say this. Hat does it matter how many posts or over what period anyone has made, there is absolutely no correlation between posts and investment success or otherwise. Your assertion Seems to be that because you post mote than anyone else you are correct. They don’t let the person who fills himself with McDonalds everyday become CEO do they? Think about it old chap.
Oh and the other questions, you have no right to ask those questions.
Stephenfryup, the answer is quite simple, but first let me state that I haven’t been critical of the board of directors on this forum or any other. I have investments in a number of companies across the board of which PYC is one at the higher risk end. I keep it simply because it is a long term punt that might one day (probably because of a take over) generate some significant profit.
In terms of any quick wins it’s worth noting that the Share Price is already a healthy multiple of the balance sheet which at just over £1m is twice the running costs of the company and a precarious financial position for sustainability without any significant contracts over the next 24 months. It’s worth noting that the contract fees for Merck are minimal and almost certainly will be absorbed by the cost of administering that contract.
The company also has accumulated losses in excess of £6m and its continued trading is only possible because of the regular fundraisings over the last few years.
Riddler and his Chums talk about a lot of contracts/income around the corner - they have been preceded by many who have been forecasting ‘a big one’ for many years ….. as I said it might happen but there is no guarantee hence the reason this is a share at the punt end of the scale as opposed to the dead cert end of the scale. AIM is not for the faint hearted about 75% of companies ultimately fail - it might even be higher for overpriced ones. ASOS was a great aim success but they are few and far between.
Good luck with your investment but I hope you made it based on the facts rather than being tempted by misguided rampers.
Firstly Riddler, I am not multi ID, that’s a complete fabrication and lie from yourself. Secondly I’m not annoyed that I bought over 10 years ago. That’s 2 incorrect pieces of information to go with your miscounting earlier. Tell me Riddler, how often do you check your facts or is all your posting based on what you’d like to be the case rather than what is the case? Is it any wonder that you are a laughing stock on other boards.
Good to hear from you Riddler although it’s the same old tune……. I’ve waited years to hear good news for PYC and what I’ve learned is that it isn’t just around the corner. Pleased to see that your mate Baserite has started using the word ‘patience’
As I’ve said all along PYC is a long punt not a dead cert ………
I love it when Riddler applies the ‘filter’. It shows just how shallow he is that he can’t cope with anyone else’s opinion’s unless they agree with his own. What is the point of LSE if it isn’t to share everyone’s views. Perhaps he and his band of merry followers should just have their own web chat where they can share the same idea to their hearts content! Happy new year
Hawkander, I think we share the same views on our friend Riddler. I find it refreshing in the way that serious newspapers always have a cartoon character to cheer us up! I’ve also heal PYC for many years and look forward to serious news and discussions with like investors but not the bullying approach of some who seem to think they own the board….
Riddler, what is to you if someone buys £1500 of shares? I really don’t understand your attitude which often borders on aggressive. Try and calm down please, this board is for everyone not just you and your little helpers.
….. for Riddler and his band of merry helpers to chunder on about for the next few weeks….. hardly game changing which is probably why the SP hardly moved. If they get this excited over news of this level heavens knows how they’ll react if PYC ever produce something of note!