Evolutec Share Discussion Threads

[seasons in the sun] 05/12/2006 21:20

c_gull

i repeat.. talk substance... you are spouting generalised waffle. be specific.

"directors bonuses, salaries, redundancy payments, creditors,"

this is the usual one liners none sensical derampers come out with. What creditors are you talking about ? what bonuses are you talking about ? show references.

get it now ?... stop posting sound bites... post substantive analysis.

and since when has eddison held EVC stock to off load ? they arent even a market maker. so what on earth are you talking about.

[bubbles11915] 05/12/2006 21:17

Seasons In The Sun - 5 Dec'06 - 20:34 - 116 of 122



You are absolutely correct. I am missing some beeds from my abacus:-)

[seasons in the sun] 05/12/2006 20:48

c_gul... talk substance man not general rubbish.

[seasons in the sun] 05/12/2006 20:46

Sunseeker5555 .. give it a rest mate.

i dont hold this stock. Come here to enage in some meaningful discussion and intelligent debate. but I see you are completely incapable of doing that.

you just trawl these boards.. looking for fallen shares and post the same one liners .. irrespective of the share in question. no one really takes you seriously.

[seasons in the sun] 05/12/2006 20:45

eddison had this today in their note :

[seasons in the sun] 05/12/2006 20:34

bubbles

£9m with 26m shares in issue = 34.5p / share.

the cash depletion will be reduced by a good amount now that one of the potential drug trials is a flop which used and was using quite a bit of the cash.

[pineapple1] 05/12/2006 20:32

B7...sold out at 75p for a nasty loss and glad i did as it headed south at speed for the rest of the day.May have dabble if it goes sub 15p but its still risky as they have shafted the institi,s (tee hee) and the cash they have won't last .On that basis i reckon its worth a lot less than cash,as the other compounds still have a lot further to go and will swallow up their bank balance.A shame really as it seemed promising.I always pick dogs,should work in a pet shop.
imho

[sunseeker5555] 05/12/2006 20:30

10p looks like fair value. they have a high cash burn

[beckham7] 05/12/2006 20:25

pineapple buy this below 15p and it will bounce back to 30p

[pineapple1] 05/12/2006 20:23

Doomsday.............

[beckham7] 05/12/2006 20:22

when is it going to be relisted

[pineapple1] 05/12/2006 20:19

yeah waiting for it to be relisted

FTSE250 next year

[beckham7] 05/12/2006 20:16

hi pineapple1 are you still in pmd

[pineapple1] 05/12/2006 20:15

How come the phase IIa 112 pateient trials appeared a success and the phase IIb were a complete flop.What is or was the difference between those two phase II trials apart from the number of patients.Was no placebo given in earlier trials.
I am far from an expert so would be interested to know exactlty what they did with phase IIa ,112 patient trials.Did they just ask em some questions about a runny nose or something and not actually administer any ....imho

[bubbles11915] 05/12/2006 20:03

26mln shares, assuming £9mln is marginally under 30p per share. Given that this cash sum will diminish, valuing the company at half its cash sum seems a fair base from which to attract value buyers, so a fall to 15p may well be likely.
After that,it all depends whether the management have any credibility left with their investors, whom I would have expected them to be in contact with over the last 2 days. By all accounts there was a large placing today representing 15% of the companies shares. In the immediate short-term, its all about demand and supply, and the market will quickly move the shares to a level where there is demand, as there sure seems to be the supply.
Perhaps we got there today. I'm going to buy a small amount tomorrow to tuck away. Occasionally, one of these dramatic fallers find their way back, albeit a lot slower than when they fell!
There will be no revenue for at least a year, but the talent on the staff, assuming they stay, havn't become ignorant overnight, and the other drugs in the pipeline have a not insignificant chance of success.
Certainly not one to put the house on though.

[t1lal] 05/12/2006 19:59

Well Said SITS.

What we need is a show of the directors' belief in the company translated into a purchase of shares.

[seasons in the sun] 05/12/2006 19:55

all those claiming it will fall to 10p or even 5p, whats the basis behind such a prediction ?

They currently have around £9m cash. Which equates to 35p/share. So where does the valuation for 5p or 10p come in ? I am not a holder but the usual clap trap comments come out when a share price falls, these people provide such fanciful targets without any fundamental backing.

at 10p the company will be valued at £2.5m compared to cash to c.£9m.

[papaduke] 05/12/2006 19:40

nasty sell of 225,000 at 19p!!!,way below the close price.

not good,wait for 10p.

if you want to make back some losses this month, buy MRP and quick

[spiv 1] 05/12/2006 19:31

Just thought, this co raised money at 118p in a placing only a month or so ago. They definately would have had an indication then that the clinical trial was not showing efficacy. Companies obviously monitor clinical trials closely. They deliberately kept this quiet to raise cash. I imagine institutions are fuming and its not hard to see why. EVC have well and truly burnt their bridges. Have to say I agree that we will see lower yet. I strongly feel that this sort of deliberate misleading of investors should be prosecuted. I bought the shares based on information released into the public domain, amongst which was the info about the placing. One expects directors to have some integrity, sadly many don't. BTW, I'm not shorting just venting my anger to make myself feel better at losing £3000 plus in a week.