Biotech Growth Share Discussion Threads

[philo124] 19/8/2014 22:09

550p coming soon.

[affemoose] 15/8/2014 08:38

NAV 546pence

looking robust even with a significant discount

[philo124] 11/8/2014 09:50

Thanks; a very good long term value hold imo.

[affemoose] 11/8/2014 08:56

Yes, we seem to be stuck in the 450-500 range at the moment don't we? Mind you - with a NAV of 519 or thereabouts it will only take a change in sentiment to see that range broken to the upside.

The constant slow purchase of shares by the Trust is also a positive move for us, so all in all - i'm still here waiting patiently :-)

It'll only take a good couple of trial results or a drug launch to see this be much more positive.

Affe

[philo124] 30/7/2014 09:13

Biggest discount to NAV I can remember.

[philo124] 14/7/2014 14:37

Stated policy is to purchase own shares such that the discount to NAV is no wider than 6%.

[affemoose] 14/7/2014 12:57

FYI:

hxxp://www.whatinvestment.co.uk/financial-news/funds/2467137/innovation-in-biotech-is-the-best-weve-ever-seen-it-biotech-growth-manager.thtml

[affemoose] 16/6/2014 14:16

Softly Softly she creeps up the chart. Still holding and still confident in the long term. looks like a few duffers got shaken out in the recent slump, but the potential in this space for a fund like BIOG is huge.

[philo124] 06/6/2014 08:12

Topped up by 150%.

[philo124] 05/6/2014 18:41

Just reading Annual Report and Accounts- impressed.
"Your Board believes that the long term investor in the biotechnology sector will continue to be well rewarded."
fwiw, I agree.

[philo124] 23/5/2014 15:36

soon to recover.

[philo124] 22/4/2014 15:09

Hopefully off to infinity and beyond.

[philo124] 22/4/2014 07:29

See IBT post.

[urgentclick] 12/4/2014 12:04

Lately THE BIOTECH GROWTH TRUST PLC was buying their own stock at 418p a share.

[philo124] 11/4/2014 19:45

That is some bottom.

[ashbox] 10/4/2014 19:25

Another Biotech rout in the USA today, down between 5-6%.

[urgentclick] 10/4/2014 12:26

Looks good to me: downside recently around 409p (I picked up 1000 at that price point) and upside 550p not long ago. And the NAV comfortably exceeding the share price.

[ashbox] 09/4/2014 20:13

I'm also looking to get back in but not sure of an entry price either. Probably £4 if it drops that low but it's difficult to predict without doing a lot of research on the top stocks in the fund.

[albany30] 09/4/2014 16:09

Yes, biotech in general down so have to presume it's just reflecting wider market concerns. If so, then should be good 15% min upside for Biotech Growth - no reason for the drop other than standard market shenanigans!

[albany30] 09/4/2014 11:22

I cannot fathom the reasons for this crash, BG had been a steady, dependable riser in my SIPP for a year now. Certainly a buying opportunity but there must be some leaks from within the company for this drop surely?Any ideas? Am loathe to put money in until we know what the bottom is.

[bigwilly1986] 08/4/2014 12:55

And now back up to 440p, roller coaster