Amryt Pharma Share Discussion Threads

[bermudashorts] 15/12/2018 12:23

Kieran Rooney is presenting at the World Orphan Drug Congress being held in April in the US. The title of his presentation:-

AP101 for the treatment of Epidermolysis bullosa

[papillon] 15/12/2018 00:28

Sorry for the O/T, but diamondstar asked for my opinion of the RMG chart. Here's a couple of 5 year RMG log charts. It doesn't make for good reading. There was a temporary breakout upwards earlier this year, but it didn't last long! There was a breakdown around 3 months ago below a long term trend line as you can see from the charts. It doesn't look good! That breakdown point was retested again around 2 months ago as the share price rose back up to that trend line before the share price continued it's decline. As I say it doesn't look good for the RMG share price


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[diamondstar1] 14/12/2018 20:06

Bronxville from lse had been going on for several months about how Amryt was overstaffed and employing too many people. I think this is what has actually saved Amryt in recent days. The Irish government is keen to provide grants to companies that are innovative and who provide employment in the country. I am very sure that they wouldn’t have provided the 8.4 million grant if Amryt employed only 5 staff in Ireland.
Turns out that Bronxville himself has recently bought a sizeable chunk of Amryt shares....
I believe that the 8.4 million euro grant is effectively a ‘game changer’ for Amryt - because they now have funding for the early development program for AP103. Sure, Amryt price will drop if EASE interims are negative, but I do not believe it will crash, because Amryt will not be forced to dilute shareholding, in order to raise funding for the AP103 program. My two cents on this matter... though I’m positive minded an will be hoping for positive EASE interims.

[diamondstar1] 14/12/2018 19:50

Paps - I’ve been posting here for over a year, and always assumed to you were an ex-RM employee. I must have read it here somewhere in these blogs - just goes to show you that you shouldn’t believe all that you read here!

[papillon] 14/12/2018 18:02

Hi diamondstar. I said I wouldn't post until the next RNS is issued, but you asked me a question and it would be rude of me not to answer. I don't know where you get the idea from that I'm an ex-RM employee! I've never worked for Royal Mail. I worked in the surface coatings industry for over 40 years as an industrial chemist.

I've never looked at the RMG chart before, but I've had a quick look and it looks awful. Going by the chart 2018 appears to have been RMG's annus horribilis. Two big falls in the sp, once in May and again around 3 months ago. I can't see any reason to buy RMG shares at the moment. There could be a small bounce back up in the short term, but I wouldn't be tempted to buy. It's looks like it's got further to fall. I'll keep an eye on RMG and it's chart for you.

PS Regarding AMYT someone sold 89,712 shares @ 14.30p. Reported after the Mkt closed. Hope they don't know anything!

[diamondstar1] 14/12/2018 17:41

Mdalos - at least worst case scenario does not appear too bad now. With the free money from Irish government i.e. grant of 8.4 million Euro - Amryt has the capability and funding now to bring their gene therapy product - AP103 into Ph I and II studies, irrespective of the EASE results. Hence, worst case scenario does not appear too bleak. Best case scenario, would be much welcomed, of course!

[diamondstar1] 14/12/2018 17:23

Paps - I was just looking at the Royal Mail share price Peaked at £6, now below par at < £3, after a recent profit warning. 7% yield. Do you see any value, as an ex-RM employee?

[diamondstar1] 14/12/2018 17:15

Yes, I did predict that the EASE interim results will be released on 17th Dec. That figure used a 4-week turnaround for data input into database, data crunching and stats analysis. Sometimes this can take a bit longer i.e. up to 6 weeks. However, the Pharma industry is usually in standstill during the Christmas break - 22/23 Dec is a weekend, and not much activity will happen from 24th - 31st Dec. Therefore, the most likely time for announcement of results will be 17th till 21st Dec. That’s the best I can do in terms of projections.

[greendragon777] 14/12/2018 15:40

Sorry Paps, not sure what happened. It displayed on my mobile as 366k on the 8.23am trade but now reads 3663!

A few trades going through all the same and one at 15.47p.

I'm guessing we'd see much higher volumes and prices if there was any positive news leaked/imminent.

Good luck Paps.....hopefully we'll be chatting here some day next week discussing our luxurious hampers! 😁

[papillon] 14/12/2018 13:50

This is my last post on this bb until we get that RNS. Posting is pointless, IMO. Diamondstar gave an informed guess of news on Monday the 17th. If that's the case then today is the last chance you have to sell if you're not confident we will get good news. I'm confident, that's why I continue to hold my 36k of shares, bwtfdik? If I wasn't confident I'd sell my shares, or at least derisk by selling half. However I've only spent around £5.75k so it wouldn't be the end of my world if the news is bad.

That mendacious, arrogant, scumbag, mdalos, who believes he's the "fountain of all knowledge" yet deletes all of his posts within a day, or two, will no doubt continue to pollute, with his juvenile drivel, this bb, at least until the eagerly awaited RNS is released

PS. The big volume could mean some, greendragon, have got wind of an imminent RNS!

PPS. You certain about that 366k shares traded so far today, greendragon, as I can't see anywhere near that volume on the financial web sites. .

[greendragon777] 14/12/2018 13:31

I spoke too soon......366k shares traded this morning and marked as a sell but price holding up well. Someone is buying though! 😃

[greendragon777] 14/12/2018 12:25

That's because there are simply no sellers of AMYT stock right now Alphabravo. Anyone holding AMYT are most likely holding for the AP101 interims at least. So buckle up, next week (or maybe even the following week) we should know AMYT's fate.....things are gonna get very interesting around here one way or the other! :-)

[papillon] 14/12/2018 12:07

A big percentage spike up, or a big percentage fall, alphabravo321, following this major announcement? IT'S ALL IN THE LAP OF THE GODS! We only have 3 options as ignorant PI's today. 1/ Buy, 2/ Sell, or 3/ Continue to hold and hope. I'm in the number 3/ camp. I continue to hold and hope! Fingers crossed! I'll either be "over the moon", or "as sick as a parrot" sometime next week!

[alphabravo321] 14/12/2018 09:43

No action whatsoever on the eve of a major announcement

[papillon] 14/12/2018 00:43

I don't delete my posts, mdalos. Hence my past posts, forecasts and predictions can be scrutinised by all and sundry and ridiculed if they prove to be wrong, or even false. Whereas you, mdalos, delete all your posts so they can't be scrutinised, so can't be ridiculed if they prove to be wrong, or even false. Is that why you delete all of your posts, mdalos? So that you can never be proved wrong, or seen to have been posting lies? Only a charlatan deletes all their posts, mdalos. You should hang your head in shame! You're a liar and a cheat!

[papillon] 13/12/2018 23:51

mdalos113 Dec '18 - 22:58 - 3862 of 3862 (Filtered)

Only a CROOK and a duplicitous CONMAN deletes all of his posts asap. Do you not agree mdalos1 aka pottermagic3210? I don't delete my posts!

[papillon] 13/12/2018 17:47

Another long term AMYT log chart. It's pure wishful thinking on my part and shows a potential (hopefully!) bullish descending wedge with a possible target share price of circa 35p.
Ignore the ASC chart, I have only included it so I can extend the chart verical axis above 27p and below 12p.
The breakout from a descending wedge is usually around 2/3's along the length of the upper line of the wedge. We are currently around that 2/3's point! Coincidence, or just pure chance? We'll soon find out next week! Fingers crossed as always!

PS This chart is only for dreamers! LOL.


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[papillon] 13/12/2018 17:15

A 3 year AMYT log chart. AMYT has obviously been in a downtrend since September 2017. The higher parallel trend line is currently at around 17p whilst the lower parallel trend line is currently at around 11.5p. That gives possible target sp's after the EASE trial RNS scheduled for (hopefully) next week is issued. However trends don't last forever so a break above the upper trend line, or below the lower trend line (dependent on the content of the RNS), is the more likely outcome following the RNS. I've effectively bet just under £6k on next weeks RNS (if it comes next week) containing positive news on the EASE trial. We'll soon see if my, just under, £6k becomes £3k, or £9k+


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