Nuformix Share Discussion Threads

[gibso6767] 24/12/2019 09:01

Cheers soup had an inkling about that , I should have thought and checked prior to posting

[galaxy enforcer] 24/12/2019 08:58

Remember that the markets are forward looking hence why the initial move higher this morning. With sufficient cash now to move towards a sustainable and growing business with new deals in the pipeline I will continue to accumulate.

[amaretto1] 24/12/2019 08:43

Ok ... yes thanks .. clear now.

[soupdragon55] 24/12/2019 08:33

We are in NFX H2 2020. i.e Their financial year ending 2020.Amaretto the results only cover up to end of Sept so cash in bank won't show the recent placing.

[cottoner] 24/12/2019 08:31

Sorry , I believe you're mistaken , H1 2020 ended in Sept 2019.

Results just published are for H1 2020.

'During H1 2020 the Group has completed a significant new deal .....'

[amaretto1] 24/12/2019 08:28

H2 in 2020 starts end of March What u talking about ??

[cottoner] 24/12/2019 08:25

'Going forward the Group expects an exciting H2 2020.'

'During H1 2020 the Group has completed a significant new deal, generated revenues and hit important milestones within its partnerships, with further payments expected to come in H2 2020.'

Perhaps worth highlighting that H2 2020 in the context of NFX does not start in June 2020 , but ends in March 2020.
i.e, There are only just over 3 months remaining in NFX's H2 202

[amaretto1] 24/12/2019 08:25

Reading them a few times, Sinks in betterCash on hand, should surely include placing money.First couple of paragraphs.

[soupdragon55] 24/12/2019 08:23

Those results are good. Shows good solid income from Ebers and sets a baseline for news moving forward.

[dm2000] 24/12/2019 08:16

Very low cash burn fully funded and Significant Progress in Lead Programmes

[amaretto1] 24/12/2019 08:12

Not aww inspiring ... have i read wrong ??

[amaretto1] 24/12/2019 08:11

Those results are ?????

[shanur90] 24/12/2019 08:04

Lots of positives to take from this. Very good update on the progress made on the programmes. Revenue not an issue right now whilst they progress the programmes. Literally any deal with a big pharma company on licenses and funding will re rate this.

[tidy 2] 24/12/2019 08:03

"We have achieved significant progress during the period, both operationally and within our lead programmes," said Dan Gooding, Nuformix's CEOhTTps://www.proactiveinvestors.co.uk/companies/amp/news/909782?__twitter_impression=true

[shanur90] 24/12/2019 08:03

Operationally very good update Significant Progress in Lead Programmes

[gibso6767] 24/12/2019 08:01

Uncertain what to make of them , income of £535k over the year and £132k in the bank, no Chinese payment which to me is the financial proof of concept ie mayor constant initial payment then a constant income to keep the wolves at bay ie dilution or other to get more cash at hand .

ALTHOUGH FURTHER DOWN NO FUNDING REQUIRED TILL 2021 !

[2prsimo] 24/12/2019 07:58

Revenue down to £0.54m. Not what we wanted to read on Christmas Eve. Taking too long. Pharma/Bio always does. Particularly the Chinese; horrible to deal with. Justin the Clown trying to ramp these results on Twitter. :(

[shanur90] 23/12/2019 19:50

Not a bad day today. Tested 8p twice. Hopefully break it tomorrow.

[amaretto1] 23/12/2019 19:24

It's held on to fridays gains, which is a big plus.

[soupdragon55] 23/12/2019 15:31

We will get interims this side of new year.

[gibso6767] 23/12/2019 15:28

I think that like I said early I cannot envisage news this year , the few remaining days we have left , any news would be forgotten, overlooked or even massively sold into .

I’m hoping first full weeks trading for news , which apart from interims hopefully will have expected and some unknown good news , get us easily and quickly to an all time high