Renovo Share Discussion Threads

[the_doctor] 26/6/2011 22:11

Terry, you are being incredibly thick

'Exactly.. dead money at best.'

no, it's flat or upside IMO. No decent results and shareholders at this level get their money back.
Good results and they could double it/more

what's going to push this lower???
your 7p call is simply nonsense from a terrible deramper.
If you're going to deramp, at least make some sense.

[cumnor] 26/6/2011 21:43

Ignore a loser who has lost out big time elsewhere and is feeling agrieved at a poster on here.

On a seperate note Rnvo's relative value is going up by the days as markets tumble and financing becomes even harder to come by, either through placings, ipos or traditional bank lending. Listed companies with bags of cash, practically no expenditure, valuable ip and tax credits (we are not just a cash shell) can pick and chose and tbh I would be happy enough if they considered an intelligent move on something with definite assets and low market cap as one of their options. A bit of life in another cash rich bombed out bio (asm) last week should encourage investors here. imo

[smith99] 26/6/2011 21:40

Terry W = FILTERED

[the_doctor] 26/6/2011 20:34

Terry, you are confused and spouting nonsense

They're aiming to return cash worth approx 16p/share to shareholders
It's just silly to even suggest 7p!

Why would anyone invest?
Simple, because as I said, RNVO is selling the products off.
That will only add value.

[smith99] 26/6/2011 20:13

no doubt youd be shorting it on a massive scale then terry ? Like to see the proof if that!

[kcowe] 26/6/2011 19:36

the -doctor... terry w has a problem with hollerichi for deramping sea..they are as bad as each other.

[the_doctor] 26/6/2011 19:24

'they need to show that they will have a proven business'

are you really that daft?
read the last RNS and some of the recent posts.
it's not about proving anything now, they're selling everything off (in time)

'7p is on its way.. for sure'

you get more daft. given the plan, there's no reason to price it under cash level


There's upside potential here, if products perform in these last trials and can be sold off. Little scope for downside if they buyback shares and in effect return the cash to shareholders.

[terry w] 26/6/2011 19:01

You have to give it to the management..... they awarded themselves hefty salaries... for what ? Delivering £87m of losses over the years.

Prof Mark Ferguson £521,532

Dr John Hutchison £335,353

Mr David Blain £245,664

[fothater1] 26/6/2011 18:38

next stop 1.4p.

[hollerich1] 26/6/2011 17:45

i see a bid for this though.

[alimo] 23/6/2011 17:32

Would LPX and RNVO make a good match. We have the Prof's team and experience and the products under P2/3 Trials, and LPX have blockbusters but need our cash going forward? The two together could be a winning formula that could please the markets/institutions.

[the_doctor] 22/6/2011 13:07

read 8631 IMO

[hollerich1] 22/6/2011 12:44

what next.

[holly_dog] 21/6/2011 15:34

Cheers mate, yeh tell me bout it. As you say Ferguson is highly incentivised to get every penny he can and I'm sure will be working tirelessly to do so, as will Gartmore now that they have a seat on the board.

All looking good..