Neuropharm Share Discussion Threads

[boobly] 26/11/2009 12:54

....In these markets ..........30p would be a result .

Indications are that it may be 25p .
(Very poor management imo.)

[quinan] 26/11/2009 12:49

I don't think there is anything untoward going on I just feel we are not going to get the best price for the company currently if the new potential owner paid a 50% premium on today price it would only take us to 24p or just around cash level that would basically mean NPH are going to give the company away??? The house broker is basically saying the sale won't go through so have priced the company at around 4 months time? Surly the house broker should be working for the interests of NPH and not the potential new buyer?

I must admit the company is not shareholder friendly I like it when they take time to contact us when we ask questions after all it was the good old shareholder who is paying their wages. LOL

[boobly] 26/11/2009 12:23

Q :........I gree with that , and voiced my concern about the - let`s just say -
Intentions and Objectives of this BoD months ago .

However , IF there IS something untoward about their activities , they will have to be acting in concert with several of the large shareholders .
Are the ALL in on some kinda scam ?

[quinan] 26/11/2009 12:19

have a look at LGNG results out probably next week or at least within the next 10 days I feel they should be valued at around 5-7p current share price 2p

[quinan] 26/11/2009 12:17

Booby its not that I have changed my mind I feel we are being shafted by the house broker. When there was talk about take over and JV the share price went to above 40p now its out in the open that the company is willing to sell the share price has fallen below the cash they have in the bank effectively pricing NPH at nothing and the potential new owner pocketing over £1.8mln now that to me is not right. NPH need to provide us with a clear statement that they are working on our behalf and not their own pockets but some how I feel their own interests will come first. Just some simple PR from NPH would work wonders for the share price and if I was the CEO I would want to sell my company for as much as possible UNLESS they have other ideas?

[ihavenoclue] 26/11/2009 12:10

Funny how NPH has yet to reply to my points about JP.

[boobly] 26/11/2009 11:45

Leaving aside the share price , have you all changed your minds about the fundamentals and potential behind this business ?
Only weeks ago you were all posting such bullish comments regarding the future for the techs and research .

fwiw : I think the share price has been deliberately suppressed . I dont know why , but I`m hoping that :
there is always a danger that on the back T/O news there is often wild trading in a stock , and this can equally create a false market .
Perhaps it`s better to be at this level while the detail is resolved pending a full announcement .

I dont like it any more than anyone else , and at this point in time I can only feel hugely negative about the performance and actions of this BoD .
In the mean time , I hope the CASH element is secure , and that the scientific element IS as exciting as we all hoped .
Bottom line , and I`ve said this before ;
I think this Board of Directors are looking out for themselves as priority No:1.

Not long to wait before they have to tell us what IS going on .

[mike_f] 26/11/2009 09:21

QUIN, i'm of the same view see alot of potential atm but just can't see us getting sold off below cash... also hanging in! GLA

[quinan] 23/11/2009 10:01

LOL now only £1.8mln below cash in the bank lets all club together buy the company shut it down and divide the cash left over?????

[the_beagle] 23/11/2009 09:56

My nerves can barely stand the excitement. Up another 0.25p! Onwards and upwards etc.

[the_beagle] 20/11/2009 12:01

Piper now short of 67k shares. They didn't have to get in that position looking at recent trading figures. At least they did not supply my 40k yesterday, which I now wish I had not bothered with!

It will all end profitably I hope.

[balcony] 19/11/2009 13:23

I have had this situation before,Were the cash was more than market cap,The company was Stonemartin and i made 50% in a short time frame,with a further payment due,I think the saying his you pays your money and takes your chances

[ihavenoclue] 19/11/2009 13:01

Mike_F - 19 Nov'09 - 08:29 - 2621 of 2630


My god, cheer up mate! Nothing we can do till the 9th, just always nice to see a bit of blue!

===============================

Which is my whole sodding point ... what good is a "bit of blue" after large chunks of red - the trend has been down since 20p. The whole situation stinks to high heaven. If you want to be happy with your half p of blue when we are less than cash after a Possible offer RNS then you are wayyyy too easily pleased IMHO

[the_beagle] 19/11/2009 11:41

I've put the K O D on it I think!

[boobly] 19/11/2009 10:34

Arc :....I think you`re very close indeed to the truth of the matter :

* Definately agree they couldn`t get any more funding .
* Undoubtedly they have been forced to put up the `For Sale` board as a consequence .
* Quite likely that the JV people are the potential buyers .

........This is the interesting bit , and as always , where people and money are concerned , there is always the likelyhood of greed , conflict , and self interest .

I`m assuming by this comment :
..." the ongoing roles of the directors were only safe if they offered the whole company. " ... you are suggesting :

They could only possibly safeguard their personal interests (A position in the bidding Company)if the JV purchaser , bought the whole of NPH . In any event there wouldn`t be much left , and the remaining money they have to run the residual business would soon run out .
The company bidding for the JV would also likely want this money to further develop the project (Why spend ours , or be forced to go to the market in the current conditions ).

Exactly my thoughts !

fwiw ...I am certain that our Directors are attempting to safeguard their own futures through the negotiation of a position within the JV Company , while at the same time leaving the door open for as long as possible in the hope a better offer may emerge . At the very least they will be determined to secure the most lucrative severence package for themselves .

If this IS the case , it certainly explains the collapse in the share price , the current price point , and the appointment of PIP`s .
IF true , I fully agree with others who have commented "This STINKS" ,
but , you have to be clear about which part stinks !

Looks to me like our tech is in demand , our current valuation is our cash value , we have other potentially valuable developments in the piplene , and we have a Board of Directors that have underperformed .....where would they fit into any company aquiring NPH ?

FWIW ....The people bidding for the business will have a very specific shopping list , and they will definately not wish the share price to rocket away before they`ve completed DD and put a firm offer on the table .
I think this will work out just fine .
(Not so sure about NPH Directors though)

[mike_f] 19/11/2009 10:03

Games still being played it seems... oh well.

[mike_f] 19/11/2009 09:53

PS. can't even get hold of 10k online with Halifax now so things have tightened up a little. GLA

[mike_f] 19/11/2009 09:41

beagle, possibly with all the recent selling there may be a little overhang? Sells have outnumbered buys considerably over the last month or so...

[the_beagle] 19/11/2009 09:37

Just bought another 40k. No problem getting them. Would have preferred a bit of a struggle!

[arc2006] 19/11/2009 09:27

I personally don't think anything dodgy is going on. If the share price was at 35p now, I'm sure we wouldn't be so cynical. The PJ situation is a definite conflict but the amounts are fairly immaterial and cetainly do not suggest any insider knowledge. A JV was announced in May, and we're still waiting. That's the reason for the drift. It was announced that exclusive talks for the JV had ended and then the company decided to offer the entire company for sale. That was two weeks ago and in my book when the clock starts. I believe they made this decision because they couldn't get funding themselves and they had an offer on the table. Have we considered that the potential JV partner may be the same company who has made an offer? Think about it. Perhaps as mentioned the ongoing roles of the directors were only safe if they offered the whole company. This isn't over yet, not by a mile.

[mike_f] 19/11/2009 08:51

Nice to see a buy of 55,210 @ 18p and a tick up of 4.5%, hopefully this has bottomed now and we may move back up slightly, can't see any major movements however until the 9th. GLA