Bioseek Share Discussion Threads

[spaceparallax] 02/5/2012 08:52

Happy to wait and see

[buywell2] 01/5/2012 18:47

From the results , and the most important bit I reckon

''Assuming that definitive agreements are executed the Board is expecting to issue a circular to shareholders in the coming weeks with details of the proposed transactions. Then the likely process will be disposal of the assets of each of the two businesses and a solvent liquidation of the Group to return cash to shareholders. Whilst the level of a liquidation dividend, if any, cannot definitely be determined at this time, the Board's current estimation, based on the letters of interest from the buyers and the current share price, is that the maximum payout to shareholders is unlikely to show a significant premium to the share price as of the close of business on 26 April 2012. ''


Now it seems to me that any company/s still interested in buying bits of ATD with the share price now as it stands ... is in a very strong position

How much actual cash do ATD have as of today ?

I did not see this in the results , one would imagine it is now very much , also we know that the biggest tissue contract has now ended , so turnover now must be down and staff knowing that the business is not self sustaining any more will be leaving .... from results ''The modest decrease is attributable to a reduction in sales staff salaries expense due to attrition''


thus creating a downward circle of pressure on whatever business ATD are still managing to achieve, the only bit that seems any good is BioSeek and even that seems to have now flattened out.

So IF the potential buyers delay .... then at some point the administrators get brought in

Then the bits get even cheaper

Why should any buyers rush to make offers ?



buywell2 26 Apr'12 - 08:37 - 765 of 771 edit



I wonder if selling volumes will rise as Finals Day approaches ?

Last 3 days trading suggests they are



If they haven't got a buyer by that date surely a statement regarding the break-up of the company will be made

Bioseek owners are owed circa $9m by Asterand equivalent to 4.5p a share
´´Additionally, the Group has taken on a total of $9.3 million in debt to finance the BioSeek acquisition with corresponding debt service obligations. ´´

With interest payments this has now probably reached circa $10m



I can't see shareholders getting much







Technicals now suggest 2.25p coming

Fundementals suggest less ..... why ?

ATD LOSS for 2011 was OVER $8.2m ...... the present Mkt Cap is $7.9m which is too high considering there is NO INTANGIBLE value to ATD whatsover now, the book value of 4.26p peviously quoted on FT.com included $6m CASH ..... there MIGHT be circa $2m now a shortfall of $4m , and debt has now probably risen to over $3.5m from $3.24m figure in the results

This equates to a difference in the FT.com book value of $4.5m or 2.75p

4.26 - 2.75 = 1.51p

Which is what the share nearly hit on the last slump after I had posted that it was what I thought the share was nearly worth as it happens



dyor

[spaceparallax] 01/5/2012 09:13

that's not what the rns implied

[nesty1760] 01/5/2012 00:06

Trouble is though how much will you get probably about 3p?

[spaceparallax] 30/4/2012 09:07

Shame to see that the sale is 'likely' to proceed. I'll be hanging on until the end.

[winny155] 30/4/2012 00:10

I came to see if there was any relevant comment here, but all I've found is a child's playground.

Very disappointing. :(

[and then] 27/4/2012 12:51

thats all folks

[sbaxter99] 27/4/2012 12:43

Great, I understood this, I was waiting to take the short trade if it breached 13141, but as it broke point 1 I stayed out, previously I would have got in too early and been sitting on a loss. Thanks again, I have a 3 hour meeting now :-( but will continue to follow your style now that I finally have an understanding of it. :-) Have a great weekend

[and then] 27/4/2012 12:33

Another time, it will look mightily similar and point 2 will get broken to the downside, if the rest of your analysis shows that it is likely to be a 5wave move starting, you will have entry into the powerful 3rd wave...

[and then] 27/4/2012 12:31

I will repost it here. Point 1 subsequently got breached,so invalidated the trade

[sbaxter99] 27/4/2012 12:27

:-) Please keep it up, it is helping with my entry points and even more important my stop points which is where I always failed. Until now, what I have told myself is trading has been gambling and I have mostly been lucky so I am taking a lot away with your trading style and keeping track of how you do it. So thank you!

[and then] 27/4/2012 12:24

Seriously nice to hear. It does get so that you ask yourself why you bother posting at times. When someone has set their agenda on constantly ripping your work apart, when its clear that there is always an alternative count, it gets a bit monotonous to be honest. I strive to explain that trading is an art. Most just gamble, pure and simple. Get an overall plan and then look for it to fulfill slowly, the trade is near the end when its basically gauranteed.

Its a conundrum, that most don't understand. It feels like the biggest gain (pointswise) is at the very peak or trough of a move (the reversal point itself), but that is also when the evidence is at its weakest. Its the judging when you know you have enough evidence to enter the trade, but not too much risk has occurred with stop placements...

So, anyway, its good to know. some of it does get noticed, thankyou again.

[sbaxter99] 27/4/2012 11:11

Hi And Then,

not posted on these boards for years but always read them, especially this one, Navyan's and RS2000's. Your last post on RS2000 board, post 153700, I have been trading for years, making very little (but not losing) only because I trade very small but just wanted to say even though you get a hard time your effort is really appreciated and I am learning a lot, it is nice to actually see and with that last post finally understand a method that I can perhaps take forward and use for the future.

Back to lurking but thanks for your effort, a lot of lurkers appreciate it
Cheers
SB

[spaceparallax] 27/4/2012 09:12

About time for a rebound then

[buywell2] 27/4/2012 08:52

In 7 days of trading ATD has fallen from 4.875p to 4.125 ie 0.75p or 15%

The results are out monday 30th april

[and then] 26/4/2012 18:50

Reversal anytime now for Dow to fresh lows?

[and then] 26/4/2012 17:45

stay tuned...

[spaceparallax] 26/4/2012 12:08

You could be right but equally you could be way off the mark

[and then] 26/4/2012 09:33

In more detail but still speculative;


Target for 'C' is actually area of 'A' as 'B' proved it is a flat corrective move.

[and then] 26/4/2012 09:17

Have to see how this shapes up. It also says down for near term £;

[buywell2] 26/4/2012 08:37

I wonder if selling volumes will rise as Finals Day approaches ?



If they haven't got a buyer by that date surely a statement regarding the break-up of the company will be made

Bioseek owners are owed circa $9m by Asterand equivalent to 4.5p a share
´´Additionally, the Group has taken on a total of $9.3 million in debt to finance the BioSeek acquisition with corresponding debt service obligations. ´´

With interest payments this has now probably reached circa $10m



I can't see shareholders getting much

[and then] 25/4/2012 23:33

Despite the poss of a slightly HH by a handful of points yet, it suggests a