Alizyme Share Discussion Threads

[silverbackalpha] 20/5/2009 15:30

Its something which really struck me about Tim. How friendly he wanted to be with shareholders. I was amazed to see how friendly shareholders were to him as they tucked into their lunches.

[dunderheed] 20/5/2009 13:21

Good point silver!

Best of luck Paeff.

Where's B4 - he/she hasn't posted yet about VOW's about turn come on geyser wasssssuuupppppp!?

[silverbackalpha] 20/5/2009 13:07

Always be wary of "overfriendly" management. Rule numero uno for analysts FWIW.

LOL

[mad mike] 20/5/2009 07:04

Peaeff, I'm not over confident about Alizyme. I just like to see better balance and accuracy. If there was a key time to sell (because of going concern worries), it would have been the day that the annual report was published on 30/4/09, not yesterday.

As with all companies when money is tight, there is a risk investing in Alizyme, that's all.

[peaeff] 19/5/2009 23:41

Panic over Mike. I sold mine. LOL

I do hope the confidence you show doesn't come back to bite you.

Regards

[silent cartographer] 19/5/2009 20:08

Who's panicking mike ??

[mad mike] 19/5/2009 19:49

Why don't some of you stop continually posting and instead actually read the auditors section of the annual report. Then instead of panicing, or talking nonsense, you will see:-
- the first time officially there was an issue about a going concern, was when the auditors finished their work
- if the milestone payments come in as planned there is no cash issue
- the auditors quite rightly pointed out that milestone payments are not guaranteed, thus the auditors had to qualify the accounts with a statement about the risk of a going concern.

If many of you were serious investors or traders you would have (as a minimum) have read the auditors section in the annual report. It was published on AZM's web-site ages ago.

[silent cartographer] 19/5/2009 16:24

Looks like somebody has been using today as a nice little opportunity to collect some cheaper shares.

[dunderheed] 19/5/2009 15:43

They did not purchase these until 15.05.09 and maybe this was reason for recent share price uplift?

[joeblogg1000] 19/5/2009 15:38

Who are they buying for, for themselves or someone??

[chronicler] 19/5/2009 15:37

UBS last week topped up with another 2.4 millon shares in Alizyme taking their stake to over 9.27%.



Interestig as this comes with todays new mention that Cetilistat finishes Phase 3 in Japan in July 2010.

[peaeff] 19/5/2009 15:10

It's certainly hard to find an alternative reason.

[deanroberthunt] 19/5/2009 14:11

dunno why you're trying to find a complex reason for this debacle...its quite simple, some of the drugs just didn't work, and the ones that do, are just run of the mill.

[silverbackalpha] 19/5/2009 14:10

Mikey: at the analysts meeting he cleaerly stated there were no problems as regards the current financial position.

[filbert3] 19/5/2009 12:45

Dunderheed

The issue, for example, could be something to do with the IP outside of Japan - would also explain why Takeda have not taken ROW. That is just an example, there is certainly nothing to suggest that is the case, but if the drug doesn't have hidden slke;etons in the cupboard which are only revealed on due dilligence, it should have been partnered by now.

[mikey34] 19/5/2009 12:37

Silverbackalpha....post23543

"Tim said at the recent results there was no risk to the co.continuing to operate......"

For the record,he did not say anything remotely like that.

".....events and conditions represent a material uncertainty over the profitability of the gp's future cash flows and therefore may cast significant doubt about its ability to continue as a going concern".

So NOTHING has changed in what he said in that regard!

Having cleared that up I would suggest that he legally would be required to reiterate that since the uncertainty over timescales forces his hand.IMO the co is no more or less likely to run out of money now than on April 30th when the results came out{with the obvious rider that 3 more weeks have elapsed}.

[dunderheed] 19/5/2009 12:34

Well would have thought Tak would have stumbled across that by now - I feel it is the totally useless management who have destroyed share holder value - oh oh libel action arriving!!
I can only assume they have totally mis-matched their view of Ceti worth and that of the licencees!!

[filbert3] 19/5/2009 12:30

Conclusion: It appears that NOTHING WHATSOEVER has been achieved, with the remaining miniscule amount of cash steadily frittering away..

If Citillistat really has the clinical, competitive and overall product profile which McCarthy continually presents for it, then the only conclusion has to be THAT AZM ARE COMPLETELY INCOMPETENT ON THE PARTNERING FRONT. Either that, or there is something we are not being told about Cetillistat which is putting potential partners off when they get into due dilligence.

[dunderheed] 19/5/2009 12:11

drh - beginning to think that is the best strategy actually!

[deanroberthunt] 19/5/2009 12:10

just don't invest in UK Bio's.....leave it to the Yanks

[dunderheed] 19/5/2009 12:10

Birdie - what's your take on VOW quick turnaround this morning - I'm a little surprised are you?!

[dunderheed] 19/5/2009 12:03

Yep me as well Peaeff - just got a few more pharma stocks to crystallise losses on and a two-three year time line on this!

[peaeff] 19/5/2009 12:01

Dunders

I do agree with you to a certain extent I was only left with pocket money of about 93% short of my investments. I am paying for the dithering I did when this share was around the 30p mark, or around the 50% loss point.

However our man kept on reassuring us of the 'across the board deals' and I kept on giving him the benefit of the doubt. He who hesitates....

All I know is that had I have sold the shares back then I would, without doubt, have made up the 50% by now from the very successful trading I have done in the last 2 months.

So now I have the pocket money in my pocket, and will no doubt invest it more wisely somewhere else and, as far as I am concerned the pharma sector will never see me again.

Regards PF

[dunderheed] 19/5/2009 12:00

joe - forget about Tak - they have no interest whatsoever beyond japan - why should they have?