Member Info for year1970

who is planning to attend the AGM meeting and if possible could you kindly ask the BOD regarding VAL201 trials. I like to know if VAL201 will complete or already completed phase I/II in this or next month? It is important to know because some people think VAL201 just only completed phase I and not I/II. I would be very very disappointed if there would be more trials required to complete phase I/II considering VAL201 trials have been going on for at least 5 years and costing million of ££££.

mathsprof, in my many years monitoring this share I have never seen a single placing/deal was good, all the deals were bad (giving away at least 20-30% in value each time) and even when they were in strong position few years ago, I wished I was thew buyer...When the deal with EHGO was first announced it didn't affect the sp that much until the various agreement update rns(s) which started to hit the sp.

I mentioned few times in the past that I wish no one would buy any more share in this company and let it suffer and hopefully we would see the truth what this bod is made off. But it is easy for me to say that because my shares over £10K is very much worthless, for some new people they would not understand. I don't how these people can go around and give presentations or face up the shareholders at the agm. Anyway, I am running my own company so don't have much time on here. All the best.

Last post on this subject, as Valju said if you can organise your time then you should try to attend the agm meeting, this is the first time I feel it is useful to attend in number, plan and ask the questions and see what they say. If you feel you need to vote against then just do what is right.

The value of my shares in here is very little now, not worth to mention, after huge lost few years ago I was banned from my wife to put any more money into share. In the last 3-4 years I am very much watching for fun when have time. All the best.

You're so funny....

The problem here is that roses the posters of two worst performing shares comment on other share in negative ways. In the past I never do that only people from sclp board got too obsessed with this share which made me pay attention.

You're very much a new kid on the block for me roses, I once paid 0.75p to buy VAL back in 2011 and it dropped down to 0.26p in 2015 just before the consolidation. You only know what have been happening in the last few years. You say pump and dump, don't you guys on sclp never pump ?

roses, I know you are desperate to defend sclp but it is uncessary to do that as it is not the main point, what I meant was the CURRENT valuation of SCLP which is around £21mil? VAL was once valued more than that and that was what I meant. But it doesn't matter which company value more, that is not the main point, the point here is that we are looking at how much the directors dig their own money and put into the company say in the last 5 years.

BTW roses, for me sclp is not doing well either, you cannot say in business term the company is doing well if it has lost at least 75-80% in value in the last 3-4 years.

Remember, Dracula1 questioned of why the bod do not put their money in, my post was to address that question in the bio sector in general of why you don't see the bod put a lot of money in, I don't talk about the their share valuation, a lot was given to them as share option, they didn't put their own money in.

mathsprof, you're a trader, you pump and dump this share many times but that is OK with you and I still remember I told you off once. Figures you gave below is just a snapshot of the current valuation of their holding. You know very well this is AIM market, things can change very quickly, just few years ago VAL was valued way more than the current valuation of SCLP or SAR, in fact VAL was more than double of SAR. Why don't you give the figure of how much the directors in sclp put their own pocket money into the share. I cannot wait to see that.

I know you are in the red and as many people, I am sorry to see and this is AIM, to be honest with you most are in red anyway regardless of which company they invested in, only small number of traders/investors who actually make money in this market.

A lot of posters are nasty or careless, they either want to see people putt more money in or make the company looks worst for their own benefit. In fact not long ago there was a poster named johngilchrist and many people respected him, he always painted a very bright picture of VAL and seemed to know everything, deal was just around the corner, but I was maybe the only one or very few who told him off many times and some people even questioned if I had any share in here or not...

But go back to reality, you have been questioning the BOD of VAL not putting enough money into the company. I think you should do a quick research around like SCLP or SAR to see how much the BOD of those companies actually put their money in then you might have a different opinion. The reason I say this because I had the same question like yours years ago but slowly I realised that this is the bio sector, no one really know their compound would work, they are trying... you occasionally hear or read somewhere on TV or internet some compounds in clinical trials for years but still failed, if it was that easy then cancer is not a deadly killer anymore. At least in the bio sector the people who carry out the tests are not the company itself but the experts in their field and in VAL case the people are UCL, a respectable institution. VAL cannot make up the false story, if the compound is not any good then I think UCL would have stop long time ago.

In the oil or gold sectors you normally see the director have 20%-205-40% shares invested in the company but a lot of them just lied to the investors, created smoke screen pretended if the company not doing well then they would be the one who got the hardest hit, gave investors the safe feeling. I got the hardest hit from some of them, if anyone who ever invested in MAGP or XTR or TRP then know what I mean. In the case of MAGP, one of the directors at one point (if my memory is still working) he even had almost 40% shares in the company but the company disappeared last year.

Vaju said a very good point, why not come to the company and see and talk directly to the BOD for yourself.

Many times I said on here something like "people should not put any more money in VAL" or "I had no sympathy for people who lost money in this company.".. but in the last few days people have been talking about VAL might be delisted or the company is dead but in my personal opinion, VAL will still be around for a long time regardless we like it or not.

nomlungu, I once put aroundd £70K into VAL at the average price of 0.65p-0.70p (before the consolidation) and the sp kept dropping to around 0.25-0.29p for long period of time and it was the worst time I had with VAL to the point I thought I would never be able to recover the money I put in....but I didn't go around telling people to follow me. I knew it was wrong to do that.

2-3 weeks ago it was the same, everyone kept knocking VAL down but last week by somehow the sp went passed 0.50p mark briefly, you just imagine if VAL released some news (even not very good news but decent) then the sp could move up more, but the sentiment went away very quickly and pulled the sp again and everyone now seems very depressed.

This is AIM market, things can change very quickly, I started to invested/traded in AIM market from 2008 and up to around 3-4 years ago I lost in total around £150K, most of the lost was in gold and oil sectors, I stop put any more money playing share since then, now I just look in for fun with what I have left in my existing shares. My experience taught me a valuable lesson that you must always trade in AIM market, if I was not greedy (wanting multi-bags) or put in stop lost then I could be in profit by now or at least not losing too much money.

We don't really know what will happen to VAL in the next few months, they did say that the money was for short term...if VAL201 turn out to be good or at least a deal for VAL401 announced (even with no immediate income as no one would expect that) then sentiment could be back. So let see.

Dracula1, I never ramp on this share or any other shares, the main reason for this is that I would feel guilty if the company does not do well, I never say well done to anyone who bought in any share...

But the post from Uncanny below (12.23) do make make sense. From my experience after almost 12 year in AIM is that I would say never invest in AIM share or greedy. I was in the same position with many of you with this share years ago, I cannot remember exactly but roughly about 5 years ago and just before the consolidation VAL was was doing badly, at one point I was the only one who bought in otherwise no trade the whole day apart from regular selling from the placings, also at one point I thought I crossed the 3% holding shares mark, and also at a time when I thought this share would be dead and I would lose £90K of my money...you could imagine I was really downed. But the share recovered and within few weeks I was in fact in profit. So I remembered the worst time I went through and decided to sell them all and only left behind some of the profit. So the money I have in VAL right now is from the profit but it is now worth very little.

So you never know, if you think this is the worst and some good news will come then it is your choice, no point of getting upset. But DO NOT forget to sell if you manage to recover your lost, always remember this worst time to help make decision and do not get greedy and wait for multi-bags. Personally, if I have some money then I might buy in, just pure trade and not investing, every dog will have its day.

I am sometimes checking share prices of VAL, SAR and SCLP. In the last 3 years only SAR is doing ok, both VAL and SCLP are doing badly but it does not mean SAR is more advance, sentiment and security in funding is crucial for all shares. You cannot expect VAL to do well if it keeps raising funds every year and some years it raised at least 5-6 times with discount at least 20% each time. All the best.

Oh dear ratcliffewriter, you sound so desperate, you guys spending too much time pumping this share and don't see the reality. I will still be here for what I predicted...you guys can carry on repeat the same thing everyday. I have to go now, like me or not you must agree on one thing up to now what I predicted was pretty accurate even you didn't like to see..

I already told you deadlyavenger, just experience tell me, I am not clever or anything, I have been in aim for 12 years. I don't have time to go find fact or I need to, hedge fund companies rarely invest in aim companies, like the hedge fund company I used to work, if you want to become their client you have to invest minimum £2millions for them to taje you on but in reality the clients invested millions £££, they are rich people or institutions. If you or anyone invested in MAGP 8 years ago then would notice, as soon as UBS invested 20% into the company the sp rocketed to almost 100%, they then realised the mistake and slowly sold out.

Ah deadlyavenger, I am not here trying to say I know everything and I don't really need to, as I said I always honest rather than trying to paint a nice picture you guys like to see. As soon as the company announce they would do phase 2 for scb1 I already predicted the sp would be sub 10p and the time it was around 14p and not long ago I predicted it would be sub 5p in near future and now I even more convinced still more to come. I will still be here in the next few months...

BTW, I am a director of a company and I don't have time to post rubbish most time, I only do quick checks for fun when have a bit of spare time, I am still under 50...

Let see ratcliffewriter, I do not need to check how they invested in the place, experience just tell you. You guys know what will happen next but tried to divert. I never ramp or deramp a share, even if a share I invested in is no goof then I still tell people do not buy in. People like yourself just love to see people buy so they can lose like you unless you are a trader.

Financial City was the guilty party who caused a little dip in the sp last few days and not placing, I do not know much how this party paid when they invested in sclp in the first place so I do not know if they made a loss or profit but one thing for sure is that it is not good when an investment company decided to dump the shares. I used to work for one of the largest hedge funds in the wold for many years, these companies always have expert teams who have deep knowledge in all sectors they want to invest in. When they decided to dump a share they must have good reason to justify their decisions to their clients. Also from my experience most of the time when a bug boy decided to dump it is very unlikely the company will do well in the next few months or years.

Just read briefly some posts today and some of you congratulated others of buying in with "well done" theme. Unless you are a trader or buy/sell for quick win/lose in short space of time then no comment otherwise this is not a time to buy in. The sp will sink more. Have good evening.

You're right Chelsea7 but if only you're a trader which can go up and down otherwise this is not the worse yet, more to come in the next few months or years. It was written all over the wall. I rarely check the lse boards so I was not sure if you did predict the placing was on the way in the last few weeks to let people prepare, you're very quick to predict on other boards. Have great day.

Roes, the problem with some of you lot seem to have a lot of time talking down share you have no interest in which attracted more negative for this company. This company is on the same path and it has lost at least 80% since the high and still worst to come