Biofocus Share Discussion Threads

[vlain] 21/11/2007 14:02

Time Price Volume Value Buy/Sell Type
13:43 11.00p 9,000 £990 Buy O
13:42 10.00p 1,500 £150 Sell AT
13:41 10.50p 1,250 £131 Sell AT
13:41 10.75p 750 £81 Sell AT
13:40 11.00p 2,250 £248 Buy UT
13:35 10.00p 23,500 £2,350 Buy AT
13:34 10.00p 1,500 £150 Sell UT
13:29 14.00p 1,250 £175 Sell AT
13:29 14.00p 1,250 £175 Sell AT
13:29 14.00p 1,500 £210 Sell AT
13:29 14.00p 1,500 £210 Sell AT
13:28 14.50p 750 £109 Sell AT
13:28 15.00p 1,250 £188 Sell AT
13:28 15.50p 1,500 £232 Unknown UT
13:22 17.00p 750 £128 Sell AT
13:22 17.00p 1,500 £255 Sell AT
13:22 17.25p 1,250 £216 Sell AT
08:14 17.93p 2,243 £402 Buy O

Most of it do seem AT, strange how it has triggered a whole batch of AT resulting in a massive drop in share price

[double6] 21/11/2007 14:00

Looks like just AUTOMATED trades have dragged it down - 15p close IMHO

[vlain] 21/11/2007 13:42

what is going on.......ANYONE WITH THE KNOWLEDGE!!

[myamay16] 21/11/2007 13:38

sharp drop on so small amount of trading, bad news on way?

[vlain] 12/11/2007 11:18

We can only hope!!

However, I agree just based on fundamentals it looks a riser provided the half reuslts show a positive...

[tunturiflyer] 12/11/2007 10:12

Hopefully half year results will be good, and should be due sometime in the next couple of weeks. Theoretically, BIO is worth a lot more just on fundamentals. This is because there should be six months of operating with just 2 divisions. If I recall correctly, for last half years' results they divested a company, and the IVD division results were shafted by 1 customer moving to VMI, (and so didn't buy anything for a couple months) and another customer's new product didn't take off quite as fast as expected. So the last half year results were quite unclear.

So all I want is something over 1p EPS, and decent cash flow to pay down the debt.

[vlain] 12/11/2007 09:04

Still waiting in this very very long takeover to be finalised....if any at all!!!

[aquilla] 30/10/2007 20:37

From Market Close Report:
"Renewed bid hopes sent Bionostics climbing. At the start of October it confirmed discussions were ongoing that could see North Atlantic Value Fund make an offer of 30p, but it has been quiet since."

[aquilla] 30/10/2007 12:38

Now nearly 22% up and third highest gainer of the day. I have to laugh the way this has been walked down, weeding out the weaker holders and sweeping away stop losses. I saw the same thing happen with RTD before it was taken out. Hopefully this will have a positive outcome as well.

[cwa1] 30/10/2007 11:20

And there is one of the hidden trades.143,020 at 21.5p from 9:24

[aquilla] 30/10/2007 10:32

Good point CWA1. What is also interesting is that whenever the share price has got to around the 20p mark (give or take a penny) the share price has bounced. At the moment a good support level.

[cwa1] 30/10/2007 09:47

Of course, as ever, it's the trades that you can't see that will drive it rather than the ones that you can. Still, fingers cossed for some good news.

[aquilla] 30/10/2007 09:12

Yes,amazing. So thin is the market on this share that on 3500 shares traded (and none showing on plus markets) the share goes up over 10%!
Edit: Now up 17.9%. News??

[tunturiflyer] 30/10/2007 08:54

sp goes up 2p, which adds £1 million to the market cap, on trades valued at £700. As you say CWA, hopefully the latter....

[cwa1] 30/10/2007 08:33

Modest flurry upwards there. Has somebody bought a thousand shares, or is some news leaking out? Hopefully the latter...

[tunturiflyer] 29/10/2007 21:47

Acquilla,
Agreed. Was rather hoping that NAV would have moved before the interims, in case the interims are as good as you anticipate.

[aquilla] 29/10/2007 21:19

tunturiflyer, I think the latter is more likely. It really has been a long time since the offer talks were announced. Hopefully we shall hear something with the results(which, incidentally, I anticipate will be good), due shortly.

[tunturiflyer] 29/10/2007 16:30

NAV have 26% of the equity. Presumably they are not completely stupid. Either they are busy trying to find folk that would be prepared to buy each of the two bits of the company. Alternatively, if they took it private they would save a fair amount of LSE listing, audit, goverence and useless management expenses. So maybe they are waiting for the debt markets to sort themselves out, so they can get the debt at lower cost.

They would know that they are not going to be able to offload 26% of the equity to a bunch of private investors, so they are going to have to do something.

[vlain] 29/10/2007 15:33

Thanks for that.

However, it seems that NAV offer is somewhere in the very distant future, if it still exist!!!

Maybe they are waiting to see what the interims are likely to yeild....

[tunturiflyer] 29/10/2007 13:56

Vlain,
Have posted this point before, however: All I see is sells of 750 and 1250 shares - all of a couple hundred pounds. Have seen sells of these volumes since about March. Would really like someone else's take on what these sells are. - Although if you have access to plus markets you probably see more trades, that don't get posted on TDW's listing of delayed trades.

However, NAV bought at prices up to 30p, mainly around 24 to 26p. My own theory is that someone is selling in tiny amounts to walk the share price down, so that when NAV bid for the rest of the shares, they can offer a rather measly 30p a share. If there had been a constant stream of purchases, and the share price had held up, they would probably be prepared to pay up 35 to 38p. Somewhat annoying.

Interim results should be due soon. Just hope the problems that depressed full year EPS have gone away, and they produce something vaguely in line with brokers expectations that suggests 2.3 pence EPS for full year.

[vlain] 29/10/2007 11:40

seems to be reducing day by day

[vlain] 29/10/2007 11:40

Anyone have any news as to whether or not this NAV takeover is taking place. Already down by a tonne on this stock.

[aquilla] 11/10/2007 17:40

hmmm. Some pretty determined buying minutes from the end has pushed the share price up 6.6%. Something afoot?