Destiny Pharma Share Discussion Threads

[sev22] 15/4/2021 08:41

Someone just bought 90,000 shares @ £1.75...

[supracat] 14/4/2021 12:39

Don't know who is daft enough to sell but I've been topping up again today at these levels as the case fro DP is even more compelling. As said elsewhere Neil has articulated partnership deals as way forward too which de risks matters even more. Onwards and upwards!

[t0pgrader] 14/4/2021 11:14

The stated intention according to this morning's presentation is to secure partner deals in 2021 for both XF73 and NTCDM3 rather than pursue a go-it-alone strategy and negotiate deals with P3 data. A lower risk strategy which ought to result in continued share price appreciation this year.

[sev22] 14/4/2021 08:05

A very positive note from Destiny's House broker this morning which is available to all PIs.

'FY 2020: a year to remember – not just for COVID-19.'

'We reiterate our rNPV SOTP target price of 370p, which implies an EV of c.£200m, recognising also the upside potential given the substantially higher valuations for companies focused on CDI recurrence (e.g. Seres Therapeutics and Finch Therapeutics, which are valued at c.£1.4bn and c.£0.6bn respectively but arguably with less compelling profiles than NTCD-M3).'

[edmonda] 14/4/2021 07:36

The FY results update shows how Destiny has transformed its portfolio and share price in the last year.
With DEST now owning two Phase 3-ready assets, Equity Dev has a fair value of £214m or 358p / share. Read their new research note here:

[sev22] 13/4/2021 08:09

Results and analysts presentation tomorrow morning.

[t0pgrader] 12/4/2021 09:28

Diary date - 6th May Proactive Investor Forum

[sev22] 09/4/2021 09:01

This latest dip in the share price is a great opportunity for new investors to get on board as well as PIs like myself to top up my current holding.

An extract from the latest House broker's note suggests there is still massive potential upside.

'Whilst the shares have more than doubled year-to-date, we see further substantial upside. As a consequence of this data, we raise our risk-adjusted NPV target price to 370p, on account of increasing the probability of XF-73 reaching the market from 53% to 67%. This excludes any value for other XF platform drugs or SPOR-COV, which may enter the clinic in 2022.'

[fillipe] 08/4/2021 11:41

Also dip will be due to the many who have had a generally excellent "gains" in tax year 2020/21 and if not ISA'd are well up to their CGT tax-free £12,300 limits for that year.
Likely many DEST holders will have held off selling any of their huge DEST gains until slicing some off in the new 2021/2022 tax year.

Need to remember that Dec 2020 buyers bought in the 60p's!

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[kipper1960] 07/4/2021 19:10

MW, I think the disappointing share price is unrelated to the potential opportunity here, it's more down to AIM. The more illiquid the stock, the more it can be manipulated by MMs and used by traders for short term profits - both acting against interests of long term investors. But I think you are right, the market is probably thinking there may be discounted fundraising to fund the 2 phase 3 trials. I think the company is partly to blame for being sooooo vague about their commercial plans when the trial results were announced . They could have been much clearer about this, without mentioning names of potential partners and without breaking confidentiality. Perhaps when annual results are announced next week they will give more information (but I'm not holding my breath).
Personally I'm not too fussed, just a little frustrated ; I am supremely confident this will multibag from here because of the massive commercial potential of XF-73 alone, especially as it has been largely derisked with the IIb results. It is just a matter of when.

[mw8156] 07/4/2021 16:38

reaction to the phase 2 results a bit of a damp squib...is it accepted generally that nasal carriers of staph aureus suffer a 10x risk of postop wound infection? is their formulation sufficiently advantageous over simple elimination of nasal carriage by eg preop or introperative local iodine/alcohol applications, though I imagine these might be rejected on grounds of safety/irritation. Market must be frightened of the prospect of having to pay for the costly phase 3 studies.

[edmonda] 31/3/2021 15:39

For anyone who missed it live, here's the video of CEO & CFO explaining the excellent study results just received, and then answering multiple private investor questions :

[gaiusgracchus] 30/3/2021 17:58

He talked about Phase 3 from H2 2022 if I recall right. Long wait for results that will probably be just as conclusive as P2b (hopefully). This is a share for the coffee can - put it in and forget about it.

[t0pgrader] 30/3/2021 16:23

Straightforward presentation. With no competitor product available with clinical grade data (never mind 99.5% efficacy) the market appears open to DEST. There should be partners aplenty and further grant funding. Concern about large-scale fundraise for P3 would therefore seem to be overdone.

[richardp19] 29/3/2021 12:34

New placing a commeth

[mikeh30] 29/3/2021 12:08

https://twitter.com/doit4thetwins/status/1376484750706237444?s=21

[mikeh30] 29/3/2021 12:08

AMR fund will pay for it

[74tom] 29/3/2021 12:03

Hope nobody got impaled on that spike this morning - excellent news but I held off due to mention of the requirement of a P3. They will certainly need to raise more funds for the 2 x trials, I'd guess it'll be between £1-1.50 based on where they raised before, certainly anyone who has held for more than 5 minutes is looking good :)

[gb904150] 29/3/2021 11:36

Nice update from ED:

hTTtps://www.equitydevelopment.co.uk/research/the-best-possible-scenario?



Our fair value of Destiny Pharma has increased to £213.6m (357p per share) from £156.9m (262p per share) as a result of Destiny becoming a company with two Phase 3-ready programs.

NB The Management of Destiny will host an Investor Webinar on the trial results TOMORROW , Tuesday 30th at 3.30pm.

[letmepass] 29/3/2021 09:07

Agreed. Each to their own. Just add the dips if you believe.

[malcolmmm] 29/3/2021 09:00

WOW again, bought at 63p then they doubled now up again. I am holding.