Celadon Pharmaceuticals Share Discussion Threads

[dpeach] 24/4/2009 17:37

Verger certainly are due one... buy volumes on plus been pretty high over last couple of weeks

[verger] 24/4/2009 15:44

When price goes up on low volume, I see that as part of a re-rating. Just a thought...we are certainly due one.

[go with the flow] 24/4/2009 13:51

Peachy - not sure Verger mentioned it - I mentioned re-ratting!?!
LOL
Flow

[dpeach] 24/4/2009 12:54

Verg + Flow out of interest what re-rating?

[go with the flow] 24/4/2009 11:06

...not only a new broken but a new broker too - plus a re-ratting ;o)

C'mon 180+p
Flow

[verger] 24/4/2009 10:29

New broken, new re-rating...and about time too!

[dpeach] 24/4/2009 09:52

lovely effort so far this morning lets get through 180p now

[go with the flow] 23/4/2009 16:57

At least CEL is trying to address the depressed share price!
Flow

[dpeach] 23/4/2009 13:05

bouncing off the 170p line, still kepping it in line with the upward trend / triangle... excellent another attack on 180p ???

[dpeach] 23/4/2009 10:58

uppola.....

[dpeach] 22/4/2009 18:09

Boad that's what i thought, Nomura good move...

[boadicea] 22/4/2009 12:58

Moving up a notch in the Nomad league.

[bookworm1] 16/4/2009 14:58

Good article in FT about Food Safety.

350 outbreaks of food contamination in US last year compared to 100 year before.
Industrialisation of food production aids the spread of new pathogens.
Poor regulation makes it difficult to track food products back through each stage of the supply chain.
One bag of flour contained wheat from more than 100 farms.
Globalisation of the food chain has seen more and more food that is grown in one part of the world but processed and consumed in others which means that a disease outbreak or food scare in one country can quickly be felt elsewhere.
60% of ingredients are now sourced and used globally.
"because there are now so many more potential failure points it becomes harder to control".
Governments are loath to impose too many safety standards on food manufacturers because the hamper trade and can be costly. Also it is not practical as there are thousands of potential hazards.
Governments are realizing how vunerable their food chains are to disease outbreaks & deliberate tampering. Companies are setting up global control systems and testing is increasing. Food companies will have to provide consumers with clear evidence of their quality tests. i.e "no growth tests"

Celsis AR page 3.
Traditional agar plates can take up to 7 days to provide a confirmation of "no
growth" whereas Celsis' systems can provide a "no growth" confirmation in just 24 hours. Celsis' rapid detection systems are currently addressing an industrial market estimated to be approximately $200 million and growing at 12% to 15% per year.

[dpeach] 14/4/2009 22:13

looks like around 40,000 bought today, 5,000 sells

[dpeach] 06/4/2009 10:01

let's be honest they could go through £2.20 even in these market conditions and they'd still be cheap.........

[dpeach] 06/4/2009 09:59

whats the bets it NAV, just before we get a 'we want to buy your shares' letter... okay £3.50 plus..

[relwood] 06/4/2009 09:57

That's a pleasant surprise for a Monday. Someone must be buying by the bucket load in the background?

[dpeach] 06/4/2009 09:24

flow could be second time lucky ;-) but reckon may play about till third

[go with the flow] 06/4/2009 09:02

Another test of 180p coming?
Flow

[dpeach] 06/4/2009 08:50

up again, reaction to positive update and newspaper coverage over weekend?

[dpeach] 06/4/2009 08:05

upppola...

[dpeach] 03/4/2009 18:35

interesting 11,000+ bought at the bell 4:30pm for £1.72, 5p above the normal offer price hmmm, all trades can see on plus today are buys also.........

[boadicea] 30/3/2009 17:00

Two points about the share price
First, the company will not want to over-promise in the current environment because too many things can go wrong beyond their control. A good example would be the possible failure of a significant customer leaving them with a debtor write-off as well as loss of sales. Much better to under-promise and (in the absence of bad luck) record a margin of over-delivery.
Secondly, any company with enough good news to attract a few of that currently rare species, a buyer, will often also suffer sellers simply because their shares have become reasonably saleable without unduly depressing the price and with a known lull until June before they are likely to receive any further impetus from good news.

Finally, they indicate "broadly" in-line results. As there are several views that can be taken, e.g. the company reports in USD but has a largely UK holder base, so they could be in-line either in USD or in the sterling translation, but due to the unforeseen exchange rate variation, not in both, so one view will be out of line. Technically, it is the dollar figure which should, with corresponding advantage, be the reference point, however, the use of the word 'broadly' just raises a small question mark.
If I had to guess, it would be dollar results at the lower end of original expectation which nevertheless look excellent when converted to sterling.
Incidentally, any conversion that they offer may well be at an accountants average exchange rate. This can be misleading as it assumes the current fall is a random or transient variation which can be expected to return towards that average. Personally, I lean strongly to the view that the exchange shift is itself a correction from an overvalued position which is unlikely to reverse.
In that case, the current rate (~$1.40) conversion of the results is a reasonable base from which to view any forward dollar denominated forecasts.

Temporary share price weakness may be disappointing but not worrying imho.

[daz] 30/3/2009 11:30

It seems very likely the company is building up a war chest to make acquisitions. Can't really argue with the strategy, in the next year or so, prices will be as cheap as they have been for a long time.

While the returns compared with cash are going to ensure that acquisitions are earnings enhancing, you do hope that the company can acquire others on a discount to the companies own rating.

[sll] 30/3/2009 10:47

happy holding