Biofocus Share Discussion Threads

[keepitup] 04/12/2007 16:21

No problems, i were a little critique but very respectful.

Im now convinced the share price will be much higher soon as the business appears to be very undervalued. News (conclusion perhaps?) to the attempted takeover sounds like it will appear with the final results - final results appears to be very positive.

Happy to hold and will top up if i get a chance.

[vlain] 04/12/2007 15:26

Thanks for that KIU.

Very reassuring to have such a positive reply back from Mr Thomas.

I imagine your email to him was quite "critique"....

[cyberpost] 04/12/2007 15:08

cheers KIU

[keepitup] 04/12/2007 14:51

From the Group Chief Executive.

Yes 20mins ago. Sounds very positive, i will print the full email:



Thank you for your note.



I am fully aware that you and many investors like you have had a very difficult time over the past couple of years. When I joined Ferraris Group last October, it was with the understanding that the Board of Directors would allow me to do the things necessary to revive a stagnant organization and begin to pay down the overwhelming debt. In the past thirteen months the Board has done everything possible to support my efforts with the result being a revitalization of the businesses, record trading and profits in both the third and fourth quarters of fiscal year 2007 and significant progress in paying down our debt. As you can imagine, such rapid improvement in a company's performance is recognized by knowledgeable investors as an indication that the company's true value exceeds its market capitalization.



As you know, some time ago we announced to the market that Bionostics plc was in discussions with a potential acquirer. The rules of the Takeover Panel of the London Stock Exchange are such that I am unable to give you any further information until those discussions proceed to a more definitive stage, whether it be positive or negative. I believe, however, that because we were forced to make that announcement, investors who expected to hear about the outcome sooner have become unnecessarily concerned and have caused an artificial and temporary collapse of the share price.



I take my responsibilities to shareholders very seriously; I believe that it is my responsibility to do what is best for our shareholders, whether it is best or preferable for me or any member of the Board or executive management. I assure you that an announcement will be made at the earliest possible moment, but until that is possible I hope that you will understand my inability to comment.



Our preliminary results for fiscal year 2007 will be announced very shortly. I am confident you will then have your questions answered. If, knowing my limitations, you would like to discuss this further, please feel free to call me. I apologize for your frustration, but I believe that we will have more information in the near future.







Michael H. Thomas

Group Chief Executive Officer

Bionostics plc

[cyberpost] 04/12/2007 14:47

KIU

thanks for the update. Did you get the email reply today ? what did they exactly say ? (was it from the chairman ?)

cheers

[keepitup] 04/12/2007 14:41

" record trading and profits in both the third and fourth quarters of fiscal year 2007 and significant progress in paying down our debt. As you can imagine, such rapid improvement in a company's performance is recognized by knowledgeable investors as an indication that the company's true value exceeds its market capitalization "

i got an email back from the company. news looks iminent and seems like they have paid alot of debt back with extremely good 3rd and 4th quarter results.

Happy to hold.

[vlain] 04/12/2007 12:46

Everybody is just playing the "waiting game" thats why its so quite here.

We're sat here concentration at looking over the horizon to see if we can see the bid coming, no sign yet, hence were still busy watching.....

[keepitup] 04/12/2007 11:31

this is now set to move upwards quickly, all aboard now. choo choo

very quiet here

[aquilla] 02/12/2007 10:34

Well spotted, cyberpost. Yes it looks like NAV are putting in another bid. Which, in turn, might make this one more likely. The debt markets have been difficult so if they feel confident enough to put in another bid, that sounds positive.

[cyberpost] 01/12/2007 10:23

Shares in Fayrewood (FWY), the computer products distributor, jumped 13.5p to 126.5p after the company admitted it is in talks which may or may not lead to an offer being made for the company. It was also revealed that fund manager North Atlantic Value has increased its stake in the firm to 24.71%.

--------

NAV is eyeing other outfits as well. I think they are aggressively buying potentially cash generating businesses that have been unduely batterd in the recent market turmoil.

[aquilla] 30/11/2007 22:02

I topped up today...that 45k is mine. Bid or no bid, I think the present share price is justified on fundamentals alone. Impossible to deal on line so I got onto my broker. At first he was quoting me 17p to buy that sort of quantity but I persuaded him to contact other mms (there are 4 or 5 in this stock) and eventually he found one who, in turn, was prepared to do a bit of chasing around and find a seller (at mid price). I ended up paying 15p.

[keepitup] 30/11/2007 12:45

blimey volume here is out of this world today

[william47] 30/11/2007 09:34

aguilla COMS

[cyberpost] 29/11/2007 18:03

sharped eyed aquilla.. i was out for a small loss when it started to move down.

by the way i also bought aquillo... and made a good turn .... just before it got suspended.

[aquilla] 29/11/2007 17:45

William47 I see you get around. You've had a busy day on the ASHT thread.

[aquilla] 29/11/2007 16:45

Yes I remember:
cyberpost - 27 Jun'07 - 10:23 - 469 of 1247
taken a gamble. bought 75k @ 6p

[cyberpost] 29/11/2007 16:38

I traded them... made a few quid. Remember when it shot up... Never bought it on the Red Dog's ramp.

There are lot of dog stocks out there.... i sometimes trade them when i detect a bounce after its been beaten to pulp.

[aquilla] 29/11/2007 16:34

Cyberpost, yes it was (and probably still is) a dog. Didnt you buy into them?

[aquilla] 29/11/2007 16:27

Just a little example of what I mean: I went back to one thread of a company (LNX) I followed for a while. This was the post:

Red Dog - 25 May'07 - 13:46 - 500 of 543
"Some investment friends of mine were in Spain resently and they are of the mind that Lennox is in more trouble than published so far.
They are asking. Will Lennox go under in the next 6 months?.
Will the Company come cap in hand to their investors for more money to bail out the Company at 0.75p or less?.
Will they make a profit in the next 3 years?, they don't think so.
Should investors bite on the bullet and sell to invest elsewere?.
It sounds like the time has come to take action to save what is left of ones investment."

Three weeks later and he was ramping the company for all he was worth:

Red Dog - 15 Jun'07 - 10:34 - 144 of 1247
Morning all. I was out all day, so I am only now catching up with today's trades. Looks positive. Not much I can add to this BB at this time. The results will consolidate the share price at 6p plus, if they state the Company is on track to return to profits and they have started to reduce their debt. At 4.5p the shares are very cheap and those not in will regret that they stood on the side lines and let this share get away. STRONG BUY I WOULD SAY.

Having deramped the company so he could buy shares on the cheap, he then ramped the company for all he could so he could offload!!

[keepitup] 29/11/2007 15:38

caution noted aquilla, of course you are right in what you are saying however i throw caution to the wind and expect a healthy return soon as BP is a good guy - i can tell these things.

Lets hope for another dip! Only so i can top up.

[cyberpost] 29/11/2007 15:29

max buy limit at current price is 1,500 shares. any more and you have to pay a premium.

[aquilla] 29/11/2007 15:14

Cyberpost, KeepItUp, I'm not saying BP is lieing. I'm just saying exercise some healthy caution in the light of such claims!

[keepitup] 29/11/2007 15:09

aquila - i dont think BP is lieing, barclays have been dumping and probably match BP's selling, add on the pi's selling and we are where we are today - a miserable share price However, i hope it does go lower as i will be topping up soon :) I want to buy some at 11p. Barclays please help. BP keep up the good work.