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ABH Angel Biotech

0.05
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Angel Biotech LSE:ABH London Ordinary Share GB00B0HZJ337 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.05 GBX

Angel Biotechnology (ABH) Latest News

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Date Time Title Posts
01/3/201610:19ANGEL BIOTECHNOLOGY HOLDING PLC33,158
26/7/201301:23The Angels Funeral March 201321
18/4/201323:50Angel Biotechnology-for information only446
19/3/201318:04MAKE WAY FOR THE ANGEL BIOTECHNOLOGY MUSHROOMS!!369
18/3/201315:32Angel 2012587

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Posted at 28/4/2014 07:38 by buywell2
the_doctor 5 Feb'13 - 12:46 - 32867 of 33156 1 0


As others have said, it is quite amazing how a group of posters spends all day, every day attacking this company

Peg, you suggested Hybridian was angry.
They have no grounds to be angry imo and if they are, that's truly pathetic.

Perhaps some of their folk are behind the attacks, who knows?
Roger is of course one of the main culprits though - he's just an unpleasant little character and should stick to cleaning windows

Others like Edin are clueless and flapping around making childish comments and looking for someone to blame.


the_doctor 5 Feb'13 - 12:48 - 32868 of 33156 0 0



Peg

You said 'ABH has been kept on life support' in the past

Has it???
The company raised money through equity issue just as others have
That was orchestrated through brokers, just as per usual
It isn't as if the company has been 'kept on life support' as you suggest and it isnt as if there's been anything odd about the financing
Why make that comment?
Posted at 18/3/2013 23:28 by the_doctor
'no shame! the original story was reported less than 1 yr ago, when the mug punter holders were conned into buying the business for abh.'

eh??
that's a different story isnt it!

If 'mug punters were conned' then it was a bad move, no?

yet you also say

'paid for a new company with contracts ready to go'


the collagen business was bought to accelerate the time to sustainability
It gave ABH a better shot, but that still wasnt enough
It was no 'con' or scam, it just hit delays in other areas that were key to the strategy and ran out of money.

What you could of course say is that if the army of determined derampers hadnt tried to encourage the share price down all day every day, then ABH may have had a better chance at raising the last bridge financing it needed
- but that isnt the case. The derampers here were just clueless bitter posters with nothing better to do and didnt actually have any impact
Posted at 18/3/2013 23:25 by the_doctor
rocketfuel, you are reporting guff as always

Exactly as the article says, ABH hit cash flow issues
If anything, the sale of the collagen business highlights how ABH made a decent acquisition there. It was complementary and in good stead, but it couldnt alone achieve enough business to fill out ABH's facilities

ABH needed more contracts to make Cramlington pay, but that didnt happen in time

Your remark here is childish and silly

'abh shareholders paid for a new company with contracts ready to go.
go check out these two links'
Posted at 05/2/2013 15:08 by knocknock
Inside, not one to be pedantic but the share price went up 33% ( lol) then down 25% so in order to get back to the illusional share price before today's action, will need a 50% rise. Please try to get facts right in future, you are not a closet bull are you? ;;-)
Posted at 04/2/2013 14:33 by liquid millionaire
Rumours are that the Ruskies made it to town and that the deal will be done for ABH

If so ABH will absolutely fly!

A very risky punt for sure are ABH but it could be a highly profitable punt on ABH?!?!?
Posted at 24/1/2013 16:03 by the_doctor
'Wrong - they were profitable before they reopened Cramlington'

a tiny amount for a small time?
That did not justify a business and the share price would have bombed
Moreover, if/when the Pentlands contracts had dropped, ABH would still have been loss-making

The difference Edin is that I've always appreciated the challenges of what ABH was doing and how it all rested on new contracts coming in
Posted at 28/12/2012 17:25 by ch1ck
It was interesting to see that I was blocked for posting this on the Pegasus thread. Looks to me as if the shorters have hijacked the tread and are using it to push only negative news.If you don't see any more posts from me then they have controls of this tread also.I would like pole people out there for there reasoned opinion on what they think will happen with the company and share price. The reason is the situation and press releases from the company are not easy to understand unless you are conversant with merger and company operations.Please don't respond to this if you are just going to ramp or deramp the share.Let me start this off by saying there seems to be a lack of leadership at the moment with the departure of Dr Harper who had 30 years experiance in the business. the new Acting CEO is Stuart White a relative newcomer to the company. Having said that he must have impressed the board to be chosen, or nobody else wanted the job. A permanent CEO with the correct credentials will be a massive boost to the share price and direction the company takes, news of this can't be far off.The Board of directors is made up of Doctors and Accountants in my opinion not always a great mix and lack some depth and comercial experiance I hope the new CEO has a background fill some of the holes and has wider contacts in the major pharma industry.The formation of the joint company looks to be a way of progressing, reducing cost and losses, and the fall today was predicted by many including myself. I see a leveling of the price with the potential of a massive upside provided there are no untoward press releases.In my opinion the anouncmet of a permanant CEO (not Stuart Smith) will be key to the fate of the company.I will hold at the moment awaiting further news
Posted at 28/12/2012 09:37 by ch1ck
I would like pole people out there for there reasoned opinion on what they think will happen with the company and share price. The reason is the situation and press releases from the company are not easy to understand unless you are conversant with merger and company operations.

Please don't respond to this if you are just going to ramp or deramp the share.

Let me start this off by saying there seems to be a lack of leadership at the moment with the departure of Dr Harper who had 30 years experiance in the business. the new Acting CEO is Stuart White a relative newcomer to the company.

Having said that he must have impressed the board to be chosen, or nobody else wanted the job. A permanent CEO with the correct credentials will be a massive boost to the share price and direction the company takes, news of this can't be far off.

The Board of directors is made up of Doctors and accountants in my opinion not always a great mix and lack some depth and comercial experiance I hope the new CEO has a background fill some of the holes and has wider contacts in the major pharma industry.

The formation of the joint company looks to be a way of progressing, reducing cost and losses, and the fall today was predicted by many including myself. I see a leveling of the price with the potential of a massive upside provided there are no untoward press releases.

In my opinion the anouncmet of a permanant CEO (not Stuart Smith) will be key to the fate of the company.

I will hold at the moment awaiting further news
Posted at 04/12/2012 13:47 by the_doctor
'Are MMH going to take over pentlands lock stock and barrel with Angel bio/biomedical moving to cramlington'

Moving out of Pentlands was one strategic move I suggested to the company, although they sadly never got back to me to say whether or not that was feasible
ie. moving could cause too much disruption/cost too much

With one new large plant, ditching a smaller one would reduce running expenses (in theory)



So far, from what I can see:
- MMH agrees contracts
- ABH invests in expansion on this basis
- MMH cuts back on contracts/delays
- with too few other new contracts, ABH has overspent and runs out of money

then
- ABH forms MMH-controlled JV with fixed-assets shifted over

Why?? - What's in that for ABH?
either
a) the JV still provides cash and is better than MMH pulling out all together
b) MMH is going to give ABH something in return - cash/ a loan?
c) MMH was just looking to secure its investment/ requirements given ABH's tricky financial situation
Posted at 26/10/2012 16:10 by the_doctor
jenniferz, like I say you look at a bunch of things, but totally ignore ANY of the positive possibilities
Now, sure, those possibilities have diminished somewhat with some contracts being delayed or now less likely, but you had no real idea about that

As you yourself say, you look at things like the chart - it amuses me how you think the chart on a stock like this is any real indicator of the future

Taking your argument, when the stock was 0.6p, the outlook was fantastic?
It must have been hey, the share price was up and on an upward trend??
Nonsense.
Your childish view also misses that often a low price is actually the very best time to buy

Your arguments also fail to comprehend that a series of fundraisings dont mean more are coming. Now, due to the cash flow rate and absence of further contracts yet, I do think a fundraiser is due of course BUT that view is based on a sensible assessment of the finances, NOT just a track record of fundraising ffs!
In keeping with that, IF/WHEN more contracts come in, bringing in more cash and taking ABH to profitability, then cash raising wont be needed.

Your views are backward looking only and miss out many critical fundamental aspects.
You'll make some silly comment, but clearly I've always been aware that contracts werent guaranteed and that if delays occurred as they have, then the share price would fall and further funds would be needed, but it wasnt anything like being obvious as you'd suggest

There was another Jenniferz spreading ignorant doom messages at 0.2p in late 2010. Shortly after, the share price was up 200%
You miss how rapidly a contract or two could turn this around and whatever you say, they ARE perfectly possible.
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