Evgen Pharma Share Discussion Threads

[clocktower] 06/1/2023 15:51

I am fully invested but I am tempted to switch out of another large holding and add a few hundred thousand more next week if we remain under 4.6p even though I am top heavy on this but as you say there should be director buying and Mr K might even be adding and if so get another RNS soon.

We will see on Monday. Have a good weekend all.

[markth126] 06/1/2023 15:39

I would still like to see the directors dip into the their pockets somewhat, but I was encouraged on the q and a session after the first rise saying that the large investor (kight) without naming his name suggested was still buying up to that level around 7p still. Happy to hold for next 24 months and see where we are. Got lots of plates of spinning and this could be a game changer for all involved.

[markth126] 06/1/2023 15:24

Just bought 24k or so as max it would allow now nothing trying g for another 75k today

[clocktower] 06/1/2023 15:12

If that is the case dave the direction could change rapidly, as it did one afternoon earlier this week, if buyers started showing up ahead of next week trading.

[dave4545] 06/1/2023 14:28

50k max offer online 4.48p

so as normal shaking it down

[clocktower] 06/1/2023 14:09

Maybe Juvenescence can see how cheap EVG is and the value of the Patents are to them, so have been delaying matters until they see an easy cheap opening and either take a big stake or invest further in the whole business but under their ownership.

[thunderchicken] 06/1/2023 12:31

I've found what you mean.

Above that is a JuvTheraputics chart entitled 'Roadmap and Clinical Timelines'. Until very recently just underneath that was a second chart giving the JuvLife pipeline containing sulforaphane, which is now missing.

So its just the chart that is no longer there.

Cheers.

[on target] 06/1/2023 12:23

Same link thunderchicken - it's about 2/3rds of the way down under 'A whole-system mindset'. Is that what you meant?

[thunderchicken] 06/1/2023 12:19

Many thanks OT.
I am looking at where the pipeline used to be. I've checked this in 2 browsers and its not there.
Could you give me a reassuring link?
Cheers.

[on target] 06/1/2023 12:10

I can currently see a page on their website which shows Juvlife ('nutritional therapy') pipeline products, including sulforaphane.

[thunderchicken] 06/1/2023 11:51

I was looking forward to EVG earning milestone and royalty payments from Juvenescence shortly which would help the ‘financial runway’ along. Product launch seems to be getting delayed again, despite the informative video highlighted by On Target earlier. I suppose we have to expect this from medical experimentation and trials.

The RNS that reported the contract on 15 Sep 2020 said launch of the Sulforaphane product is expected in 2 years.
Final Results of 15 Jun 2021 said royalties expected mid 2023.
Full year results of 8 Jun 2022 said market launch is expected end of 2023.
Half year report of 8 Dec 2022 envisaged product launch in around 2 years time.

I emailed Juvenescence and asked if they have any news of when their Sulforaphane products will be launched and I received the reply which stated that they have no information on timelines associated with new product launches. This is despite less than 2 months earlier, their CEO, Dr Greg Bailey displaying target launch of H2 2023 in his presentation at WebSummit 2022. This was in the You Tube video highlighted by On Target.

To make things more mysterious, Juvenescence until very recently had a page on their website which showed the JuvLife pipeline products, which included Sulforaphane amongst others. This has disappeared, hopefully being updated, but I admit to becoming worried about the Juvenescence contract.

Can anybody more informed than myself add anything, or explain what is happening?

[lovewinshatelosses] 06/1/2023 10:37

Maybe going back to retest the 4.40 ish area, as we have done a few times in the last week. Not bothered in the slightest, as long as the work itself is progressing as we all hope it is.

[clocktower] 06/1/2023 10:24

I do not agree with that dave4545, as there are large numbers of stocks that continue to surge but they do tend to be shares with higher stock prices, as this type of stock does attract short term traders like yourself (as you acknowledged you had previously sold out)to make a quick turn, hence the volatility we are seeing in this and other penny stocks, even when there is an underlying strong funding and deals in the pipeline.

It has become a traders stock it seems between 4.5p - 5.5p for the time being, as someone previously mentioned.

Not that I am criticising you or anyone else from this type of trading, as I do it myself with some stocks but I believe this has much larger potential long term.

[clocktower] 06/1/2023 09:13

Friday sellers and yet to see a buyer and support maybe lower yet it sems.

Still, as you said, good volumes and almost on a daily basis.

[lovewinshatelosses] 05/1/2023 17:52

Be that as it may, it was still the highest trading volume in the last month and double the average daily volume. Roll on tomorrow!

[clocktower] 05/1/2023 15:57

So are the buyers for now, it has all come to a grinding halt on this one for today it seems.

[wololol] 05/1/2023 14:33

Sellers done

[clocktower] 05/1/2023 13:41

It will be nice to get over the 5p - and stay there or above for a while before it moves up further W.

[wololol] 05/1/2023 13:30

Looking tasty here. 5p easy peasy

[wololol] 05/1/2023 13:01

Buyers back. Over 5p finish easy. Buying more

[lovewinshatelosses] 05/1/2023 12:58

Great minds think alike! I tried similarly, although no plans to actually buy more right now. Like you, I am slightly overweight these shares.

[clocktower] 05/1/2023 12:54

You could be correct because I did a dummy online trade and I could not buy 25k online even.