We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Chromogenex | CGX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.325 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.325 |
| Top Posts |
|---|
Posted at 27/2/2009 11:36 by trentjones1 Dorset - I think Batty has been taken as much by suprise by this sudden RNS as we all have. Firstly, the market traders are of course taking advantage of this news to shake nervous holders (such as probably yourself) into parting with their shares. I think though that we have to read between the lines here.These are the interesting parts of the RNS: " The Board is also reviewing the Company's future strategy and believes that in any potential future corporate transaction the current share price would make it very difficult to apportion any meaningful value on the Company and its assets such as Intellectual Property, current assets and tax losses. " Well, that is completely true IMHO. "Impact of the Cancellation Following the Cancellation of trading in the Company's shares on AIM, the shares will not be traded on any public market. However, as mentioned under "Dealing and Settlement arrangements" below, the Directors intend to use reasonable endeavours to create and maintain a matched bargain settlement facility" For canny investors this is obviously an opportunity IMHO. |
Posted at 24/2/2009 17:22 by battyman2 Everyone, I will reiterate what I said earlier. I was NOT lying when I said that I spoke to one of the directors today who told me that some news for investors is going to be released within the next week or so. He intimated that the news was regarding the proposed change of company circumstances (I presume that it's about them going private) so I find this RNS today extremely mystifying!! |
Posted at 29/1/2009 14:03 by dina Well we're holding back on buying any more shares until we know if this going private thing is going to be a good or a bad thing for private investors! |
Posted at 26/1/2009 20:36 by dina Well we got hold of the MD. Export sales have been excellent and they are working on a trading update at this moment. He expects the company to achieve profitability again this year. He spoke about possibly taking the company private in order to make it an attractive take-over target. Don't know if that would be a good thing for us private investors?? |
Posted at 10/6/2008 12:34 by battyman2 Could be but he's right about the T/O. The markdown today makes it a certainty IMO. Interesting that they mark down the offer and not the bid. Looks more or less now that the eventual T/O price is going to be around 4p. Bad news for all investors in this one. |
Posted at 01/4/2008 11:55 by the_professor spud - can't see any bad news after yesterday's report??surely as holders let's not put off potential new investors for goodness sake man! with an obvious recovery on the cards and with only 60 million shares (most of which are tightly held) I'm very suprised that we've not seen a some speculators or even day traders buying a few! |
Posted at 31/3/2008 13:36 by goodgrief From today's FT.Chromogenex to rejuvenate sales in Canada Chromogenex, the laser skin rejuvenation specialist, has given investors a hair-raising ride for the past six months. Shares in the maker of medical lasers have lost half their value since last September amid a series of surprise announcements. A profits warning in January surprised the market after the group, which is based in Llanelli, Wales, said it had problems in Canada. Its products had not met licensing requirements of the country's health authority. Chromogenex had to reverse all sales. Peter McGuinness, executive chairman, said: "Health Canada believed we didn't have the appropriate licence. We had relied on our distributor in terms of licence requirements. These products don't require full medical licences because they are sold into the beauty market. It was unexpected." Two weeks before the company had issued an upbeat trading statement confirming that trading would be in line with expectations after record fourth-quarter sales and profits. "We immediately applied for the correct licence. It is a three-month process. We hope to recover sales some time in May," Mr McGuinness said. Growth in the market for aesthetic medicine and cosmetic laser equipment is being driven by increased demand for non-invasive cosmetic treatments. The company evolved out of laser research by the University of Swansea in the mid-1980s. Lasers are used to treat acne and unwanted hair. Chromogenex has engineered laser technology that removes tattoos. The company's sales have almost doubled in two years. In February, Allan Branch resigned as chief executive "with immediate effect" after less than three months in the post. "There was a fundamental disagreement about strategy in terms of taking the business forward," said Mr McGuinness, who replaced Mr Branch. The company's growth has been boosted by Chromolite, its flagship laser system for removing body hair, which was introduced in 2004. It is sold in the UK, France, Germany, Canada and the US. The machines cost up to £18,000 ($36,000) each. Its NLite pulsed dye lasers, which use intense yellow light to treat acne and reduce wrinkles, have been documented in The Lancet. "We don't see NLite being huge growth. But it will provide a nice, consistent recurring revenue stream. It targets the dermatology market, which is much smaller," Mr McGuinness said. |
Posted at 26/1/2008 15:43 by offtheradar maybe one to the serious fraud office would be better! Have a look at Torex Retail a similar thing happened this time last year, a positive trading statement followed by the something a bit more truthful a week later, questions have to be asked about AIM, how companies can do this, investors will lose faith and credibility in the market if things like this are allowed to continue, always at the expense of the shareholders |
Posted at 17/1/2008 14:29 by trghe1 Up or Down???Interesting post over a year ago: 'FlatEric - 4 Oct'06 - 14:41 - 75 of 871 Investors Chronicle (IC) article gave a tip to BUY at current level, 9.5p. The 6 months interims showed net £236k, but this included a £177k negative goodwill write off, so that won't be there 2nd half. With the growth going on here, and other countries expansion in place, could we see a healthy 2nd half to add to the first half, I wonder...? A nice £500k to £600k net profit with this sort of sales growth could see a decent forward p/e applied would see an appropriate share price attached. This is a growth game and this one is growing. The 'fat-busting' laser is under trails and should see some decent revenue next year. There are many fat people around.' What has happened to the 'fat-busting laser? |
Posted at 04/1/2008 11:32 by the_professor we've had absolutely no news since the end of September when investors were told that we would be updated on a new distribution contract with a large US company which quite obviously has not materialised. What has actually been going on since the end of September we have been given no idea, but any desire on the part of the directors to get this shareprice moving in the right direction seems to be sadly lacking!! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
