Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Collagen Solutions Plc LSE:COS London Ordinary Share GB00B94T6Y14 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.625 6.25 7.00 6.625 6.625 6.63 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 4.0 -3.7 -0.8 - 30

Collagen Solutions Share Discussion Threads

Showing 801 to 821 of 825 messages
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
DateSubjectAuthorDiscuss
21/10/2020
12:48
Custodian account does it en masse for shareholders now compulsory so presumably within the 14 days
moontheloon
21/10/2020
09:26
Yes I've told them to action the sale both places I hold collagen. It's been a long journey for me and if know one else did, I kept a solid faith that it was going to reward eventually , If I'd bought the speculative £10g instead if the £1200 at 1.2p which added to my holding I'd be considerably happier, but unlike the directors who get sizeable chunks foc for sweetfa for their pound of flesh I couldn't risk 10k of pension funds on an hunch... based on buying interest that day. Ah well can't fight the machine move on to another company that might have more integrity.
moontheloon
21/10/2020
06:01
The problem now is how to put the cash to work, nothing jumping off the page at me. Would like to find a new stock rather than just add to existing holdings. Open to interesting ideas that anyone might have.
w t tutte
21/10/2020
05:48
Moon, You are probably correct, but I suspect that they will only do this at the very last moment. Currently that looks like being sometime in December, so you may not get your cash until end of this year. If you just want to accept the offer and move on, you might want to consider giving an instruction to your custodian to accept the offer now and get your cash in a couple of weeks time.
40 fathoms
20/10/2020
20:05
Just to check share dealing providers accept on my behalf when an action becomes compulsory... Though must admit doesn't feel great this, being sold out...
moontheloon
20/10/2020
16:31
My sipp provider automatically accepts once a corporate action becomes compulsory...
moontheloon
20/10/2020
14:12
>>>>Moontheloon The RNS states within 14 days if you have already accepted or within 14 days of receiving acceptance paperwork if you have not already accepted
timbo003
20/10/2020
14:08
Moon, No there is no possibility of a higher offer price, holding out for longer will just delay when you get paid your 6.5p per share. In terms of when you get paid if you accept the offer, they have 14 days to pay you from the date of your acceptance.
40 fathoms
20/10/2020
12:46
When would pay out be to shareholders? If accept
moontheloon
20/10/2020
12:41
The squeezing out process won't result in any more money for our shares? Will it.. Could it.? Doubt it
moontheloon
20/10/2020
08:00
WTT, I think you are probably right in your assessment. If you were to ask yourself would you back this board and management with fresh capital, knowing what you now know of their character, the answer would have to be no. It is a shame as I think NXC was clearly on to something when he cobbled this together. I think Rosens have bought a good business at a great price. That said I think the hugely stretched geographical supply chain that the business has cannot easily be addressed and is a big vulnerability. In the post COVID world this type of supply chain looks very old fashioned. I also think they may end up with FX issue if the US$ weakens significantly, although that of course can be hedged.
40 fathoms
20/10/2020
06:36
I guess we get squeezed out now, but it ended up being a pretty close run thing. Just to be bloody awkward and to make sure they spend as much money as possible I am going to force them to squeeze me out. At one level I am glad it has gone through. In my view, during this process the board have shown themselves to be unequal to the task of running a public company. With no faith in their ability to grow the business, navigate the regulatory process nor to protect small shareholders, the worst outcome would probably have been to let them continue in that roll.
w t tutte
11/10/2020
12:17
I understand what you both mean by the dis-connect. It is difficult for me to explain without access to all the facts - one is left to speculate - they may have been restricted by the Takeover Panel Rules in what they can/ cannot say. I think the overuse of EBITDA as a measurement of profitability is mis-leading ( guilty as charged)and creates the dis-connect between cash and profit. I am fairly sure there would need to be a cash call if this bid fails.
nxc
09/10/2020
13:43
Aside from future potentially lucrative products I'd like to see where the positive income announcements we had pre sale have led so far current year, as profitability would equate to a similar level to offer price.
moontheloon
09/10/2020
13:03
With respect to the board I am happy to accept your view of their integrity but sadly integrity and competence are not one and the same. I concur with 40f, if you were still on deck we would have a good sense of where things stood, even if we did not like what we heard. Currently the board wants it both ways, we are told things look really good and we are confident in the future of the business but also that we need to sell the business. I can not square those two positions. ATB
w t tutte
09/10/2020
10:13
40Fathoms - Thank you for your kind words. As you pre-supposed I do not agree with your assessment of the Board - as individuals they are of the highest integrity and I would trust each of them with my house keys. You have clearly highlighted an issue in how you and others have been communicated to and in that regard perception is reality - the perceived lack of communication has generated a level of dis-trust which is difficult to shake-off. As I am no longer at the Board Table I cannot offer you any insights - it may be down to the Takeover Code and advisers interpretation of the Code. Personally I would not have gone public on the sale process but perhaps their hands were tied in that regard. I understand the angst around Chondro - perhaps I am jaded by the experience but it began to have the look of a mirage in the desert - I felt at the start that there was a clear route map to success - perhaps I and the rest of the Board were naive in failing to understand fully the shifting sands of regulatory compliance/approval - some of the output from the regulatory agencies are in my view beyond comprehension and are reflective of a deeper seated issue that exists in Government ( Uk/EU/USA/China etc)with regard to new product approvals where ultimately the net cost of compliance both slows innovation but also increases the cost to such a high level that patients and payors are not well served. I think in conclusion Rosen's have paid a fair price and the alternative of a significant fundraising at 1p to 2p in my view did not serve my interests.
nxc
09/10/2020
07:45
NXC I have to say I agree with both Moon and WTT with respect to the COS board. I think their performance has been woeful, almost to the point of incompetence in their handling of matters this year. Clearly they are people you know well and as a man of good standing I would not expect you to do anything other than disagree with that assessment. However, I am absolutely certain if your health had allowed you to remain as chairman we would today have a clear understanding (for better or worse) where things stood with Chondro, and if indeed 6.5p is the right price for the business why 6.5p is the right price and an understanding of how the board came to that decision. As of today we have none of these understandings. When you stepped down, the board lost all of its entrepreneurial spirit and the understanding of how to protect and treat the small investor. To my mind only Mr. Gillies comes across as being suitable for the board of a listed company. I hope your health situation is stable and I wish you well.
40 fathoms
08/10/2020
15:42
A new owner has the wherewithal to put it through fda no big deal for them. There are partnerships in place with China and other areas. The potential has to equate with the offer - otherwise why would have we have prospective purchasers circling? I really think this is more of the principle that pi's have a variety of means and to give more fairly in the spirit of integrity rather than we want your investments at an historically un fair price and we will just reap the rewards and the fat cat gets fatter still.
moontheloon
08/10/2020
14:14
In response to your question Moon - it is beyond my understanding why a previously approved CE Marked product is still waiting for the Regulatory authorities to give it the go ahead given the available clinical evidence and the longitudinal data. A considerable amount of time,effort and cost went into trying to secure a strategic partner for Europe/USA/ROW to no avail - it was not for lack of effort on the Company's part but a consistent message from the big boys was that they wanted to see the opportunity commercially de-risked before committing any substantial investment - that scale of investment for the States alone where the device was considered a therapeutic was in excess of $30m and that was just to get it through FDA. Whilst I agree that chondro offers huge potential benefits to the patient that value has failed to translate into monetary value - a new owner may fare better.
nxc
08/10/2020
06:53
Perhaps the ex chairman could tell us why chondromimetic been completely ignored in all the waffle? Surely its presence demands acknowledgement considering that its the only long term 100% proven product worldwide of its type? Which should make 10p seem ludicrous in a year or so.. Once its took off slow cook
moontheloon
07/10/2020
13:22
Bump offer up to 10p get the share bonus scheme actioned. Have enough... Buy the company at a reasonable offer price for long term shareholders.
moontheloon
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
ADVFN Advertorial
Your Recent History
LSE
COS
Collagen S..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201029 02:16:52