Cytomyx Share Discussion Threads

[ozgem] 02/1/2004 09:48

I am of the understanding that on day of consolidation the price will be 31.25p equivalent which will bring it in line with the recent placing of 1 for 25 @ 1.25p.Or is this only for the institutions?And has the consolidation price yet to be set?This is the only explanation I can come up with as why these fluctuations so close to consolidation.

[zinyowem] 02/1/2004 09:40

I understand but this much of a rise prior? Or is it that people trying to get in now prior to consolidation so that they have a position @ a more sensible price hence rise prior to consolidation....make sense? This is what i am thinking. Anyway still good for all holders and agree share could then be taken more serioulsy at higher price.

[james t kirk] 02/1/2004 09:29

I reckon the rise is due to the belief that the takeover of Clinomics has been well received, especially as a profit making organisation. The combined companies will be a more powerful force in very similar markets and increased geographical reach for both companies products.

The consolidation will bring the share price to around 40p, which is a more sensible price than 1.5p and will hopefully be taken more seriously by large investment companies.

[zinyowem] 02/1/2004 09:18

Still hold even though small amount, but really confused. Why rise this much prior to consolidation. Anyone care to explain?

[czar] 01/1/2004 15:58

Found a T & G forecast from Sept forecasting £0.71m profit. This should be much higher after the recent deal and with such a low market cap this could just be one of the best performers in 2004.

[ch0ajl] 01/1/2004 12:10

teather and greenwood have produced some reports but i dunno how recently, the last one i saw was in May, might be worth a look but obviously won't include the most recent acquisition.

[czar] 01/1/2004 12:02

Can anyone point to a profit forecast, I can't find any. I compare this with PRM which is still a couple of years away from making any money but the shares have really caught fire, up 500% in a year. IF CYX can soon be in profits surely the shares can move up by a factor of several times, just need some brokers following it and producing some research.

[james t kirk] 31/12/2003 11:42

Must be buying going on in the background as this has suddenly picked up and retraced all of yesterdays losses.

[james t kirk] 31/12/2003 09:48

Nice to see only buys today after yesterdays strange fall. Also good that someone's prepared to buy 250k shares.

[ozgem] 30/12/2003 16:27

Still more mystery.What seems to be buy/sell ratio pretty even the price down 17%?

[phillipmorris] 29/12/2003 19:14

Defence of placing price is a possible scenario.It might well be expected to move a tad higher.This is a well thought out deal the company has reinvented itself away from pure research aspirations to acknowledging revenue opportunities exist within the sector and taking advantage of them. The long term opportunities for this stock are good. Sound management has propelled them toward profitability. This time next year we should be looking at a very interesting proposition. DYOR....very sound, asset and product backed!

[ozgem] 29/12/2003 16:11

This is nearly as strange as the last rally.The share rocketed over a number of days on large volume on no news.Eventually came back but on small volume.
There was a rumour of stake building at that time.
Things seem much more transparent this time around so can't explain this.We may know more in a few days.Still like this stock very much.Holding with much interest.DYOR

[robertap] 29/12/2003 15:59

ozgem,
6.128x10^6 are being taken by institutional and other investors plus 7.6x10^6 for Clinomics purchase. These will be traded as of 13th Jan'y 2004 i.e a potential of nearly 14 million NEW ordinary shares (equivalent to 350 million shares at today's par value)
I am therefore as suprised as you by the recent increase. I would have thought there might be a small premium, say 10% but not 30% as it is at the moment

My thoughts only. But others may have a different view.

DYOR

[ozgem] 29/12/2003 15:39

Also like the rise , Good results combined with shares mag write up, but I still remain confused as the consolidation is expected to take place soon.
I think this is to be done @ 1.25p. 1 for 25.
Could of been oversuscribed and people want to get in now as the price may rocket on consolidation?My view only.Others welcome

[james t kirk] 29/12/2003 15:24

Good write up in Shares magazine has helped this to rise. Suggested there was plenty of room for increased turnover this year.

[soke] 29/12/2003 14:15

Your new years gift look up (it works)

[ch0ajl] 29/12/2003 13:59

CYX has put on some decent gains on quite large buy volumes over the past few trading days, i'm certainly not complaining but the share's have risen sharply for no apparent reason before only to fall back to where they started, any opinions on what might be going on would be appreciated.

Cheers

[mercier et camier] 26/12/2003 09:42

rookiegirl

Let's hope your research in Cytomyx is a damn sight better than it was in Einstein Group.

[antizenncs] 24/12/2003 15:58

phacop

you seem to forget, that in the purchase of Clinomics they the have acquired one of the very few (possibly the only) commercially repositories of catalogued diseased tissues, all consented and verified, in the world. Look at MLS which are doing something similar but are miles behind. I for one (and unlike you am a buyer) am looking to buy stacks of these diseased DNA samples and tissue/protein arrays. Also the cell lines (which sell for upwards of £20K per line) are very very novel (like hERG and sodium channels) and difficult to make. Cytocell's products are well respected in the cytogenetics/FISH market( these are hardly commodity products such as enzymes which themselves still have huge profits associated with them >70%) and with their biggest competitor having such problems they are well positioned. As for cloning then you turn to CYX when you can't do it yourself. These clones are all full length unlike the rubbish you buy from invitrogen et al. Their biggest issue (imo) is the mix between products and services. I would agree DNA sequencing as a service has probably had its day, but cloning is still required in drug discovery, as are cell lines expressing various proteins etc. CBS is a vehicle for producing short term profits with is highly regarded mix of distributorships. There they have good products, good people etc...

So I would say that CYX are well positioned for substantial growth and I would take the opposite point of view to yourself. I reckon they will be in profit within the next few months and their sales will continue to climb. I am accumulating at this cheap price and I see today there has been somewhat of a correction, I hope to see more "corrections" upwards

dyor, aimo

[ozgem] 24/12/2003 09:32

Thanks Phacop.All views welcome.But if that is the case still can't work out how the turnover increased 500% and they are nearing profits?

[czar] 24/12/2003 09:25

I would be interested to see what the analysts think is likely on the profits front going forward. It looks as if they should be making good profits soon, even £1m would send the shares much higher. Anyone got access to an upto date forecast?

[phacops] 23/12/2003 23:17

watch out everyone - last day to off-load at over 0.4p I think. there will be over 1 BILLION shares in issue before the consolidation - think about it. I have been grubbing about and found some info from asking them simple questions about their products (they are very honest about the stuff they actually have on the market if you phone as a potential buyer, which I am). I see value in only one thing - their cell lines. I work with people that want a few of these and they have a couple of interesting ones. they would pay a few thousand pounds for them, but plan to have this as a one-off payment. The rest of their products are outdated, irrelevant or just a low value comodity (dna sequencing / cloning/fish/pcr etc). Use the current uncertainty to get out would be my opinion. as in all cases like this, do your own research, but if you find anything to oppose my views I'd like to see them here.

[ozgem] 23/12/2003 16:02

"M" trades.are they MM's trades?

[ozgem] 23/12/2003 15:19

plenty of interest today.Buy's out number sell's by more than 3 to 1 but price still staying down.Could the MM's want a few?

[ozgem] 23/12/2003 14:57

Totally agree czar.I think after the dust settles with the consolidation and new aquisition these guy's are full steam ahead.DYOR