Neuropharm Share Discussion Threads

[lombiff] 11/2/2010 13:46

Hi joe - my average is a little higher than yours but I'm OK with my position. I just think that discussions with any third parties would take time and, if they are smart (and we do have some very smart major investors . . . myself not included!), they'll be playing the potential bidders against each other. If that's what is going on, I wouldn't expect to hear anything until it's a done deal. In the meantime, this is moving a lot on small volumes - when the news breaks, either way, you won't be able to buy or sell more than a few hundred.

warwick - I know what you mean, but I don't think another holding statement would really help, especially if we're in the advanced stages of discussions.

I see somebody bought 41K a short time ago - I just added another 20K for my SIPP but it's not showing on Plus yet.

[warwick69] 11/2/2010 13:29

lombiff
thanks for your comments good post helps with background. Still feel the company should update market even if just a holding statement. I understand that they do not need to say anything unles there is real material change in tghe position of the company.

[joeblogg2] 11/2/2010 13:28

Lomb. good post. I have 235000 at an average of 16p and like you would not be able to sell and I hope they have some integrity in securing a decent deal with all the cash they had when this started!!! Also, they were supposed to have a revenue generating deal , what happened? nothing from them for some time!!!

[lombiff] 11/2/2010 13:21

Good morning Boobly - yes I'm still here, and have actually increased my position - now have over 600K and still haven't sold a single share - so, I have more than 2% of the company right now. Reckless? Perhaps, but I see no point in selling now and couldn't do so in any volume anyway. I'm mentally prepared to lose the lot, which would become my biggest ever loss, but I don't think that will happen.

Naturally, I'm very disappointed with what is happening, and wish I'd reduced on one of the spikes. Hinsdight is 20:20 eh?

I'm prepared to believe the conspiracy theories that this is being walked down to flush out the PIs (beagle, sorry to see you go), but I actually think it's just small amounts of selling and no buying in the absence of news, and news is the only thing that will change the direction. I thought we'd have something in January - the delay is disappointing but we're only halfway through February, and it's still only about nine working weeks since we announced we were in discussion with "multiple" third-parties (probably only two, but even this would add time to the discussions).

I've seen what people are writing about Piper Jaffrey - I can understand the frustration, but this is an investment bank and institutional broker with U$6.9bn in assets under management, U$460m net revenues, $600m in shareholders equity. They concluded 31 mergers and acquisition transactions last year at an average value of U$120m each. The idea that they would take a short position of 50K or 60K shares on their own account is just absurd - the proceeds would just about pay for lunch.

Here's something from the PJ website : ". . . Piper Jaffray has ranked as the top IPO underwriter and M&A advisor in the health care industry since 2004. We've also served as M&A advisor to high-growth clients such as Abbott Laboratories, American Medical Systems, Fischer Scientific, Medtronic, St. Jude Medical and more."

A quick check on two of their clients . . .

Abbott Labs : provide "drugs for the treatment of people with migraines, epilepsy and mania associated with bipolar disorder" . . . it wouldn't be too much of a stretch for them to add autism, OCD and Fragile X.

Medtronic : have a surgical therapy for OCD


I may be clutching at straws, but we have cash (albeit dwindling amounts) and a pipeline of drugs and screening treatments - unfortunately, we don't have a strong negotiating position and, right now, we are a sitting duck and could be taken out cheaply or left to wither away.

Each to their own decision, but I'm sitting tight and waiting for the news.

All the best to all longs

[mike111d] 11/2/2010 13:18

You can currently deal online to buy at 8.35p

[hugepants] 11/2/2010 13:05

Didn't these geniuses turn down an offer last year.

[mike111d] 11/2/2010 12:34

This is not looking good. I do hope that they can close a deal ASAP, otherwise you could be looking at the assets being sold on by an administrator and the cash returned net of expenses to shareholders.

[joeblogg2] 11/2/2010 12:31

:(( I am at loss for words here . Looks like the BOD have screwed me big time along with Piper's as they did with ICX :((

[boobly] 11/2/2010 12:04

Scottish Widows Investment Partnership Limited ..........3,033,062 - 9.62%
Schroder Investment Management Limited ..................2,900,000 - 9.20%
Cazenove Capital Management Limited .....................2,673,538 - 8.48%

Perhaps 28% of shares held by the above Institutions .
Can they really be comfortable about the activities of NPH management ?

[mike111d] 11/2/2010 11:21

I am not so sure about buying the dip second time around, as with the passage of time greater uncertainty must now be attached to a deal being done.

[boobly] 11/2/2010 11:14

" Lombiff - 27 Oct'09 - 08:49 - 2414 of 2980

Good morning Beagle - yes, I'm still here with 400K - haven't sold a single share yet, though I'm now under water with these. "

?

[ihavenoclue] 11/2/2010 10:29

No wonder they started shorting heavily at 11p ... PJ knew it would go lower

[boobly] 11/2/2010 10:16

Where are all those NPH Bulls ?
Seems like a lot of people have just slipped into the shadows .

[hadronuk] 11/2/2010 09:54

This stinks.
Just how long does it take for some management types to sit round a table, come to a decision, and post an RNS?
Reminds me of my favourite hobby horse,
"Why did it cost £600m in consultancy fees to privatize the railways?"
That was money well spent.
Marginally insane rant over. Sorry.
Well, not completely over.
The point being about huge amounts of time and money (from ordinary people) being taken up to bring forth poor advice. Nothing provably illegal, but a clique of already rich and influential men gets richer at our expense.
Rant really over now.

[boobly] 11/2/2010 09:31

tb :......Sorry to hear that . I think you`ve been cheated . Good luck .

[the_beagle] 11/2/2010 09:27

I'm out, with very big loss. Off monitor. Don't want to hear NPH ever again. GLA.

[g2am] 10/2/2010 15:15

Ihnc...haha I thought someone might spot the signature at the end of the email but alas it was me who put it in. One of the questions I asked was why they had a broker dealing with them who are shorting the share price? I fully agree with you and I am strongly tempted to contact the FSA alongside others and ask if this is allowed within the regulatory space.

Boobly - couldn't agree more, there is definitely many things they CAN say so it was frustrating to get the text book media response.

[boobly] 10/2/2010 14:25

www.robinhoodtax.org.uk/

[the_beagle] 10/2/2010 13:20

Now back on and the sp's down a tad!