Genosis Share Discussion Threads

[lord santafe] 07/5/2008 14:14

2 more buys today in this overvalued piece of trash. Why buy when the management is clearly burning away at least 200K per month?.

[lord santafe] 06/5/2008 11:16

Good to see I took the right decision to avoid this share. The cash burn is at least 200K per month, and the results where disapointing.

FPS offers much better value than GNOS, that is now a cash shell with over 1p cash per share.

[the_professor] 04/4/2008 13:54

have any of you guys looked at ILI (Imagelinx) I see that the MM's keep marking it down for absolutely no reason. Could be due a big bounce soon IMHO

[the_professor] 04/4/2008 13:51

I see one can buy up to 75k at 2.38p

[jonwig] 04/4/2008 13:45

I think the company have the wrong reason - it should be Transparency Rule 26, where total voting rights need to be announced periodically. Actually, they got this right on 17 August, so why not now?

They are a bit naughty in saying they have cash of £1.75m (MCap is £0.75m).

In fact, Net Assets = £1.6m, and it would be wise to subtract Inventories (unsold/unsaleable product) of £0.4m and Intangibles of £0.1m, leaving £1.1m.

I'd be very surprised if there were anything to go for here, especially as there is the spread to overcome.

[the_professor] 04/4/2008 13:31

Sorry LS - no one saw this coming

[mister md] 04/4/2008 10:56

why the Rule 2.10 Announcement ? no separate RNS on takeover discussions (yet) ??

[lord santafe] 04/4/2008 08:22

Damn it, I wish I now bought these instead of CLTV.

At just 1.75 to 2p to buy yesterday they must of been the best buy on the LSE. Well gutted now. I knew my research was correct, and I do not know why anybody else did not see that these where a bargain.

[the_professor] 26/3/2008 18:04

you're a lot better off in CLTV then in these LS

[lord santafe] 26/3/2008 12:31

Need new buyers to form an action group here, for a return of the companys cash back to shareholders, before they blow the lot. Perhaps up to 1.5m they have left?.

How much debt is there, since the fundamental page suggests they have debt?. I do not want to go buying more shares, since I rather hold back for a great RNS. Last I bought CLTV at 3.24p.

[double6] 26/3/2008 12:25

Hmm - last accounts had a significant doubt cast about the company in the auditors notes...

[pranchalee] 13/3/2008 16:13

will be watching with interest

[lord santafe] 13/3/2008 16:09

I promise you I will buy these long term, double6 and logica2me may even get some, who knows. Although if I become a holder I promise not to ramp this share.

[lord santafe] 13/3/2008 15:58

Trying to get some of my followers from my CWI thread out to do some research on GNOS.

If you buy and GNOS have no more updates before September, it be better to dump them and get some money back. Although by holding long term they may offer a placing at a generous discount.

I agree it is interesting regarding what kind of profit they could make on 503,000 in sales.

[pranchalee] 13/3/2008 15:53

sales 503,000 wonder what the profit margin is

[lord santafe] 13/3/2008 15:46

Going by the interim results after reading this announcement below it seems Genosis may blow about 2.1m a year, but I did not bother to look into why, which is probarly cause they have expanded into marketing their products.

It looks like they still have at least a million in the bank if they have been naughty again this year, like when they blew all their cash and needed to raise money last year.

Hopefully another 6 months life to go after June, unless they are like a Rage Software. I think I will try to see if I can get 500 pounds early into these at hopefully at not much more than 2p a share tomorrow.




LONDON (Thomson Financial) - Genosis PLC said sales in the first half were
503,000 stg and that sales in the UK continues in line with expectations through
its exclusive agreement with Alliance Boots.
The reproductive health products company said sales for the six months to
June was more than two and a half times that of last year, primarily due to the
launch of the Fertell ovarian reserve test in the UK market and the Fertell
couples test in the US market.
Genosis said while order levels in June were below expectations, it sees
growing orders of the Fertell product throughout the second half of the year and
beyond.
It added that as at June 30, it had cash in hand at 3.2 mln stg.

[pranchalee] 13/3/2008 15:36

big gamble here going to keep an eye on this one

[lord santafe] 13/3/2008 15:32

Genosis PLC is pleased to announce that, at an Extraordinary General Meeting of
the Company which took place earlier today, all resolutions put to shareholders
in order to effect the Subscription to raise #2.3 million (before expenses)
announced on 18 May 2007, were duly passed.


Sorry it was the 13p one last year and I was going by memory of when I had these shares at 19p and I was stung when they announced a placing last year. I sold these at around 14p and may consider to buy 500 pounds worth when I get my money after the 19th March. However I may not buy any since I rather play the field in short term profits.

[pranchalee] 13/3/2008 15:28

when was 12p placing

[lord santafe] 13/3/2008 15:25

well all the news has been good since the last 12p placing.

Interesting buy today at 2p.
Please look at CLTV, LNG and PLW before you even consider to throw money on this share.

The risk here is that GNOS could well run out of cash before they go into the black, or if they make it you could well be sitting on a ten bagger.

[pranchalee] 13/3/2008 15:13

what makes you think that lord santafe

[lord santafe] 13/3/2008 15:06

10 bagger from here. Tempted to invest 500 pounds.

[cerrito] 21/9/2007 22:40

sold out today...they did say in the AGM trading statement that June ordering levels had been below expectations and kicking myself for not taking that hint..problem is the product may be good and the idea good but it will take time and money that GNOS do not have for this to catch on especially as how marketing new products in the US soaks up cash

[alftupper] 05/8/2007 16:37

But not to use their test

[cerrito] 05/8/2007 15:20

It was me and you need more than one to get a dynamic going