||EPS - Basic
||Market Cap (m)
|Pharmaceuticals & Biotechnology
Real-Time news about Henderson Mrly. (London Stock Exchange): 0 recent articles
|bookiebuster: I wouldn't say the market is about "tricking investors" although can see where you're coming from. Instead I would argue the AIM is a 'tug of war' where companies seek to take advantage of investors (both PIs and IIs) to generate funds and on the other end of the rope investors seek to take advantage of a company's share price to generate trading profits
HML directors have all the rope now so clearly won this time. PIs need to pick themselves up dust themselves off and move on. Instead of berating directors maybe we should be applauding their victory? Respect the fact they stayed afloat for a long time on very little substance|
|3doogle: 7 months into 2010 and no updates on any of the 2009 forward looking statements,
what's happened to..the 2 x acvd collaborative agreements, preps and prof Tripp, fhv out-licensing, dog cancer vaccine, khv vaccine and Spah, US grant application, fish adjuvants etc.etc.
The board of HML have a lot to to answer for with regard to the way they show shameful disregard to shareholders. They continue to entice investors into the company with their optimistic statements then fail to update on why or what is going on. It's not surprising that the share price has been decimated to the extent of near oblivion.
As for KMS, i really do wonder what these guy's are doing. it's been 124 days since they issued a letter of intent, 2 deadlines passed and they say they are still seeking funding? As far as i can find out they have registered the company in Delaware ( KMS Thrapeutics inc.under general ), set up the website in Canada ( but not on the Federal company registration list ) but they could have set up as eg.12345749 Canada or re-registered under a different name on the Provincial list.
Either way it seems to me they do not have their own laboratories, or research centre for drug development, so how are they going to follow up the ICVT vaccine phases to provide HML with milestone payments?
Conspiracy theory number 1356.
My guess is, these guy's are out to buy up small company patent and portfolio rights and sub contract out to established Pharma companies for further development.
The delay in finalising the deal could be not only the funding issue but the finding of an established Pharma to take on the development. eg, first find company selling portfolio, send out letter of intent, establish due diligence scientific, send to prospective pharma to take it on, on new agreement with said pharma acquire funding to buy original property rights, take percentage of deal from sold rights.
|dutch2: thefruits, if you read the RNS very carefully, there seem's alot going on in the background within HML.. "trying to achieve the finance during the period to legal conclusion" and now discussing the finance with "other parties", to me all this suggests, a MANAGEMENT BUY OUT is beign negotitated, but at what share price ? can they do this without discussing with other share-holders.
1p per share should be the minimum|
|dutch2: another delay ? what will HML's excuse be this time ? i don't think so.
HML need this deal THIS MONTH, cash run's out next moth. i like your thought about a tie up / merger with KMS.. what will that do to the HML share price ?|
I agree but the hml board could rightly say that the opportunity for shareholders to talk to the board is the AGM. As Tony is the only shareholder on here who goes every year (ok the agm is held right next to the wellie so its not exactly a great effort for him to make), we aren't exactly using the avenues open to us.
But the greatest difficulty I have which I've been trying to infer recently is even if we do speak to AK & IP, and Fordian did a great job recently on this, can we actually give any credence to what they say.
Its a real dilemna. Do they communicate with us too much ? or is it when they communicate with us we can't trust what they say ? I really don't know because I've certainly over the years read many rns's, interim and final results from HML all promising jam tomorrow yet delivering absolutely nowt.
2 years ago.. nearly to the day we received this... check out the last paragraph...
' Henderson Morley PLC
The following is the text of a letter to be sent today to shareholders in the Company.
I am writing to shareholders to provide an update on the Company's current status with respect to our ongoing projects and the strategic review, and our objectives moving forward.
As a significant shareholder I, like you, am disappointed by the current low share price. Your Directors strongly believe that this price does not represent the true value of the Company. I have outlined the reasons below.
Even though Henderson Morley is a 'micro cap' biotech company on AIM, we have a very significant pipeline of both clinical and pre-clinical products. We believe this pipeline is larger and potentially more valuable than those being developed by many companies that have significantly higher market capitalisations.
The markets that our pipeline addresses are large and important and have, in many cases, little or no competition either widely available or under development.
I wish to thank you for your ongoing support for Henderson Morley and look forward to bringing you news on the current projects,licences and product portfolio with respect to the strategic review at the appropriate time. I believe that the current share price has considerable upside potential as Henderson Morley has a broad pipeline of clinical and pre-clinical products in large addressable markets with little or no competitive products in the market or under development. We are delighted that so far the Koi Herpes Virus trial looks to be very encouraging and we are expecting results from the Feline Herpes Virus trial within months. Our vaccine for Cytomegalovirus is close to in-house production and we are making good progress with cancer immunotherapy."
We're 2 years on and we've had nothing of a similar strain since then.
Do we really want more of the same or someone new to replace AK who might actually give us something of substance.
The jury's out .. other than the market which seems to suggest it doesn't believe AK
|bi1l: Bod have 25% of shares, Dunne say 5%,Fordian's collective 13%, RSH 3% - thats nearly half the company owned by very few. And there are others with 1, 2 and up to 3% not mentioned. Doesnt take many of them to realise 70% to 75% of the company in safe hands and only a FEW safe hands more importantly.
In my honest opinion THAT fact is now the POTENTIAL of HML.
AND awaiting two important deals ICVT disposal and KHV vaccine.
Ok so the share price is at a stonking all time low. But cant anyone else see the PROSPECT if these deals are achieved and what effect it should have on the share price. These deals are( or at least one is ) VERY CLOSE.
I have my moments but it SHOULD be a VERY exciting time for those who hold. Its the past that is sadly influencing the minds of LTH and the mm's and others are making full use of this.|
|bobdown2: i was at wembley with southampton in 1976. bought shares in the club so that i could have the share certificate on the wall. sold the shares before they went t.ts up..i still support but my interest has dropped over the years. a rising hml share price would be akin to a run in the fa cup...but after being invested for two and a half years it would be nice if hml knew where the centre spot was.|
|dutch2: i don't understand the concept of releasing a rns that wil have details of a placing, and an update ( obvious will be very positive - spah update, etc )
eg. share price @ 0.0030, placing of new shares, to "friends only" say at 0.0025. the update will be BRILLIANT, and will give the share price a BIG BOOST, may even take the share price over 0.0050 !!, It is not fair that those friends are given those shares so cheaply, unless there is a condition upon them, not to sell a single one share, until it gets to 1p. is this condition possible here, the fruits ?|
|bi1l: There's been a bit of selling in the last couple of months, Sweepie on the back of any buying. Its kept the price down but because there's been little buying there hasnt been the need for "keeping" the price from rising too much, because it wasnt likely to go up much anyway.(Until 27/10 that is) And maybe you helped there Tiltonboy ( albeit inadvertantly ) with your selling ??
So who knows, conspiracy theories and all that, but same with previous but one placing every time there has been some buying it has been matched by someone selling. It has kept the price down if nothing else.
And the guy who bought 10M + ( and that was from various sources not just one so there wasnt much stock around to have) at .05p on 27/10 - well he must be pig sick now, because not only did he buy at such a high price, there was an even bigger danger to (?) them ( whoever they are ) for the share price to rocket upwards with the impetus. So I reckon he forced their hand to rush this placing through - it would have looked even worse if the share price headed upwards with market momentum, which was where it was definately going! Just imagine share price 0.08p compared to placing 0.02p !
And possibly to refute the conspiracy theories there wasnt much selling on that day of buying if I recall.
Anyway, The previous funding should have kept them going til March time so this additional funds should then therefore extend that period til July next year. At the end of the day in these times, if such sums are on offer they have to take it. Its just the price thats hard to stomach.
And, whatever anyone says its my view that Rivington, if nothing else, know a good thing falling into their hands. So their 30M investment in a strange way gives me confidence - after all they DO do their research far better than any average pi.
But my confidence in the ability of the BOD to achieve any form of deal is at a very low point. Its all been hot air so far - we would all be very well off if the BOD could sell or licence that.|
|tiltonboy: I will happily be gutted. Past experience with spikes up in the HML share price only left me gutted for NOT selling.|
Henderson Mrly. share price data is direct from the London Stock Exchange