Member Info for Wyeowye

Trurotrader & Riddler, if there is a strong pipeline why have daily share trades reduced to a trickle and the SP is now about 60% of what is was a few weeks ago?
The fact is that this company continues to makes losses, income (from all the pipeline) is insufficient to cover costs and it’s a very small fish in a very big pond …….

Truro Trader. - I think other posters are entitled to ask you those questions to justify the comments you make about PYC prospects.

Trumped On, as it stands this is already a bad investment for anyone, not just Share4 ….. If you believe Riddler he must be haemorrhaging at these prices — and let’s not forget even at these prices they are well overvalued compared to the modest balance sheet ….

Trumpton - the MCAP is already significantly above the balance sheet value for a company that still hasn’t made a profit after about 15 years …. I wouldn’t get too greedy. This is a genuine “penny” share!

I don’t think maths is a strong point for some of the posters on here, they much prefer to bombard you with abusive language whilst demonstrating no understanding of the fundamentals at all.

Can assume from your abusive answer Baserite that you don’t know where the fundamentals demonstrate massive undervaluation? Your post is misleading at best…. I was just giving the chance to show other posters that you understand how fundamentals link to valuation.

Just explain Baserite where the fundamentals demonstrate PYC is massively undervalued please? No nonsense or abusive language just a straight explanation ….. thanks

That values PYC at over £100m almost 80 times it’s current balance sheet value - where is the justification for that Siennaj?

There is no update on the completion because, as implied later in the RNS, it doesn’t offer significant commercial value.

This isn’t a lovely update, you need to reread the RNS which is effectively saying that the existing relationship offers little commercial benefit (certainly no significant benefit). They are looking at other opportunities but that will be the same for thousands of other Pharma projects. Don’t get carried away with the rhetoric on thIs board.

You didn’t have to type all that Kidlington, clutching at straws would have sufficed

Baserite, you were losing patience this week but one Cornetto and you’re back in the game!

Always amuses me when people talk about a big seller spooking the market…. PYC is barely liquid and there is an ice cream salesmen on Blackpool beach making more trades this week!

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.

Riddler, I’ve suspected before but this post at 10.12 today confirms it, you are completely out of your depth aren’t you?

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.

There is no shame with you Riddler is there? It’s none of your business why I hold PYC and once again all you do is speculate.

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.

The regular dilutions have made sure that there isn’t a profit yet. The current disclosed contracts appear to generate enough cash flow to prevent any further immediate fundraising but they won’t last forever.

Stephenfryup .. I’m talking about 15 years ….