Neuropharm Share Discussion Threads

[ihavenoclue] 22/1/2010 10:53

pelleeds1980 - 22 Jan'10 - 10:15 - 2863 of 2868


Warning, the value of your investment in NPH can go up aswell as down..

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LOL very funny .. i nearly choked on my cuppa

[mike111d] 22/1/2010 10:39

Being quoted 2p more to buy today than yesterday, so hopefully it has bottomed out.

[rkhl] 22/1/2010 10:32

Thought there might be a buy going through with the MM's raising the price on very low volume, amazing that one buy of 50k can move the price so much here. Must be very little stock around. Definitely a share for the ramping brigade here lol might have to let Tara know!

[mike111d] 22/1/2010 10:19

Boobly, well if I did then that is good but I if so I am happier for the long term holders, if it signifies that things are going to improve and it brings you closer to recouping your stakes.

[the_beagle] 22/1/2010 10:17

joe.. How can you find the market size (ie the touch)? I deal through TDW and can't find info like that.

[boobly] 22/1/2010 10:15

Perhaps that hapless SOS Board of `Directors` got the message ; perhaps PIP`s have been questioned .
There have been a lot of complaints , and even more suspicion about the way this has all been handled .

Think they might have to be whiter than white from now on .

Having said that , there are very few shares floating around , and it doesn`t take a lot to move the price ......as we know .

Mike :......Well done for buying at , what may well prove to be , the bottom .

[pelleeds1980] 22/1/2010 10:15

Warning, the value of your investment in NPH can go up aswell as down..

[the_beagle] 22/1/2010 10:14

Well that's a turn up. Piper have gone from 9p offer to 8.5p bid. Something has stirred.

[mike111d] 22/1/2010 10:03

Well I hope they have if that is the case and if so a recovery of sorts in the share price can continue, which in trun could be key if and when an offer is confirmed.

I am happpy to have bought in yesterday but appreciate that it was not without risk.

[joeblogg2] 22/1/2010 10:00

Yesterday I could buy 75k @ 8.7 and not sell more than 10k. Today I can sell 25k for 8.5 and piper are buyers?? Have they been rumbled???

[hadronuk] 22/1/2010 09:44

Agree with you beagle, I'm down 66% which is my worst yet.
Hope you are right Arc.

[the_beagle] 22/1/2010 09:42

8.5--9p spread. Piper holding it down again. Smells.

[arc2006] 22/1/2010 09:13

Fair comment TB. Despite what we believe to be true there is always an element of doubt. For sure, we have seen it so many times when things don't quite stack up. However, I strongly believe the cash balance remians intact, which only shows just how frustrated the current share price is. My reading is that the bod wants to pursue private funding. The major holders were, like us, getting fed up waiting so forced the bod to put the for sale sign up, this led to several suitors and perhaps even indicative offers which placated the major shareholders and allowed the bod to continue their pursuit of private funding because the fall back is in place. I don't believe for one minute they are fire sale offers. They will only be last resort becuase it means handing over the company and the all the potential for the sake of a measly 5million. IMHO, we have this scenario which I think makes sense, and we also have a cash balance which by my calculations gives around 16-18p per share.

[the_beagle] 22/1/2010 07:44

I think you will find that it is not shorting that has caused the drop of the last few days, nor is it a distressed seller. Private investors like me feel totally shafted by this company's handling of a sale or merger, and the fact that Piper has been handling it at the same time as making a market in the shares and dragging it down, smells to say the least.

If all is well why not RNS it.

In my own case I have bitten the bullet and sold over half my holding yesterday at a loss of £7000. There have to be better, more transparent investments out there.

I would not mind betting that the recent arrivals on the BB talking it up to a 20p bid are the same ones who spiked it to 38p in October (when fortunately I saw it for what it was and sold at 37.7p), and when their T20s run out there will be more carnage.

Sorry to long termers if I sound as if I'm talking this down. I'm not. I still have 40k shares.

[brwo349] 21/1/2010 18:59

Its a distressed seller. Back at 20p in no time.

[mike111d] 21/1/2010 18:22

As of now and seeing as no further update has been provided, we can only assume that the guidance provided on December 8th still stands:

"the Board of Neuropharm continues to believe that shareholder value is more likely to be maximised through seeking a sale or merger partner which will be better placed to fund the Company's clinical development portfolio."

[rkhl] 21/1/2010 17:37

It scares me that someone is shorting this big time especially when an offer could be imminent, I smell a rat too.

[rkhl] 21/1/2010 17:35

I know what you mean Boobly, sometimes you wonder whether some of these AIM companies exist just to keep people getting lots of lolly on one long jolly. Its all a game at the end of the day. What are people's views on here as to whether the directors have their shareholders at heart here.

[mike111d] 21/1/2010 17:31

Raising less than £5m would not leave any room for error or provide adequate funds to progress anything beyond the revised NPL-2008 phase III trial. So I think they would be doing everyone a disservice if they did not accept an offer if the required level of funds could be raised. Also as we have discussed they are unlikely to get more than 5p a share, possibly less now and so given the dilution to existing holdings it would be in the interests of all concerned to accept an offer at a much higher price. Albeit that they would then forgo the prospect of any future upside in the price if NPL-2008 was successfully launched etc.

[boobly] 21/1/2010 17:17

....What if a proportion of a placing - say half - was underwritten by - let`s say - Evans .

I`m sure you`re also right about the Board trying to delay the inevitable , I think I said that in a post back in November !
They`ve been wriggling like maggots , imvho !

[mike111d] 21/1/2010 17:09

Yes but they would need to raise circa £5m which as of today is 2 x the market cap, I just don't see them getting that away. A company such as PRX is more likely to make a cash offer that the major holders would approve. It seems to me like the BOD are trying to put off the inevitable.

[boobly] 21/1/2010 17:04

Mike :......I just hope you`re right .
BUT , even in these markets you can raise funds IF the price is right .

[mike111d] 21/1/2010 16:58

I think they would struggle to get a placing away of the required size in the current capital markets which remain very tight. Hence I would expect the sale to eventually go through at something like £7m / 20p per share.