Cobra Bio-manufacturing Share Discussion Threads

[wiganer] 01/10/2007 09:18

Now that is a chart.

[alibongo612] 01/10/2007 09:10

What a sorry state this co is now in - 70% below its float price and 80% off its high several years out.

Absolutely dire.

I have been a lone voice over the years re my opinion of the perceived deficiencies of the management however after this latest warning surely they can't have much remaining support.

[ilancas] 27/9/2007 18:21

Well, she's showing a substantial loss on them.

[boadicea] 27/9/2007 17:10

So Mrs Dixon is still buying.

[ilancas] 27/9/2007 08:07

No sooner said than another profit warning is announced.

[ilancas] 26/9/2007 11:51

"Outlook

As indicated in previous statements the core manufacturing services business
continues to face a challenging and unpredictable pattern of demand, both
geographically and by product type, further exacerbated by the cancellation of
signed business as was the case with the recently announced GSK/IAVI contract,
which has resulted in the lower than expected forward order book.

Accordingly, despite a good performance in the first half of the financial year,
the Directors advise that market expectations for the full financial year will
not be met. However we will continue to pursue outstanding contract signatures
to fill the vacant slots currently available for the remainder of the financial
year and new contracts which are currently being negotiated for the next
financial year. Additionally, opportunities to reduce the volatility of the
business continue to be actively pursued."


Well, if they are making any progress they are certainly keepng quiet about it.

[alibongo612] 18/9/2007 21:58

In your dreams

[skyship] 14/9/2007 12:49

hmmmm...a little bit of blue....someone nibbling a few as yet undeclared. Do hope so as it's about time we had a bounce in this one.

[boadicea] 06/9/2007 16:24

Mrs Dixon still adding??
Not a lot of deals going through but there is a certain regularity about the deal sizes - 12.5k, 25k or 50k. The 25 and 50k lots look mainly like buys (never mind advfn as these are delayed publication.)
Maybe she sees this as a t/o possibility and hopes for a premium on a strategic stake.

[ilancas] 04/9/2007 10:41

Major shareholders:

Dixon, Mr & Mrs 15.0% 2,930,000
Invesco UK 14.8% 2,900,200
Cavendish Asset Management 8.9% 1,735,000
Collins Stewart (Channel Islands) 6.1% 1,202,750
New Star Select Opportunities Fund 5.1% 1,000,000
Barclays Stockbrokers 3.8% 747,330

19,591,170 ordinary 10p shares in issue

[rohkap] 19/8/2007 20:29

Cobra's website states top shareholder (15%) as 'Mr and Mrs Dixon', as opposed to Mrs Dixon

[ilancas] 17/8/2007 14:55

So it wasn't Mrs Dixon alone.

[skyship] 16/8/2007 17:41

Where's that RNS?

[rohkap] 15/8/2007 20:30

wonder what the bid price might be. Could be tempted to throw in a low 50s bid?

[ilancas] 15/8/2007 16:56

Shareholder >3% Percentage

Invesco UK 14.80% 2,900,200
Collins Stewart (CI) Limited 9.30% 1,815,750
Cavendish Asset Management 8.10% 1,590,000
New Star Select Opportunities Fund 5.10% 1,000,000
Barclays Stockbrokers 4.60% 892,457
Fidelity Investments 3.60% 701,900

So it has to be Invesco selling out. If Mrs Dixon has bought, she holds 28%, just below the level which would trigger a bid for the company.

[ilancas] 15/8/2007 16:45

It's at the bid price, so perhaps a distressed seller? There no doubt will be an RNS to tell us who's bought and who's sold.

[slj] 15/8/2007 11:38

She could well be the buyer...?

[skyship] 15/8/2007 11:26

A x-trade of 2.88m shares - that's 14.7% of the Company!!

Worth investigating.....who held that stock?

EDIT - I see that Mrs Dixon last held 2.65m (13.5%) - so it could well be her - but why the x-trade @ 35p. Surely can't be bailing out at these levels....or could she? There again.....who would take the stock other than a bidder.

Perhaps an entirely innocent piece of chair shuffling - time will tell....

[rohkap] 08/7/2007 09:23

Equity Development reduces target to 59p but remains broadly positive on name. Says that next couple of weeks are important in terms of new contract news. They are predicting a FY loss of £500k

[dpmcq] 05/7/2007 10:25

So Mrs Dixon supported the share price - she either thinks or knows something we don't or has more money than sense ;-)

The Company received notification on 3 July 2007 that Mrs D Dixon holds
2,640,000 ordinary shares in the Company. This represents 13.5% of the entire
issued ordinary share capital of the Company.

[dpmcq] 05/7/2007 10:25

Hope Mrs Dixon is in the know at least then we may get some possitive share action.

[alibongo612] 04/7/2007 21:50

Total conjecture and wishfull thinking.

Nevertheless if it were to come to fruition at say a 20% premium then I for one would have lost a shedload.