Quantum Phar. Share Discussion Threads

[frankwhite] 04/10/2016 10:04

WereWolfie I was in the same boat as you and still sold out! That's how much confidence I have that this share price will go even lower than today's. Long term I do not see any growth with this company. I've switched what was left into OPTI which looks like a winner long term.

[werewolfie] 04/10/2016 09:59

I offer an apology to donkeys. They are loyal , honest and dependable unlike the Quite Pathetic management

[werewolfie] 04/10/2016 09:57

I will take a big loss if I sell now. I bought in at £1.28. No choice but to stick with the donkeys and see if I can claw the money back

[r ball] 04/10/2016 09:41

No fund raise without new CEO. Anyway he/she can take the credit...

[r ball] 04/10/2016 09:40

New CEO announcement due.

[loobrush] 04/10/2016 09:31

I must say that was unexpected-not good news at all-kitchen sink and washing machine thrown in. Lets see what comes out.

[eezymunny] 04/10/2016 09:29

"A lower level of net debt would help to support the further growth of the refocused business"

A fundraise I guess. At what price?!

[mally6] 04/10/2016 09:26

Not good news but the drop is overdone still expecting strong growth so a hold for now if not a buy expect a 25% bounce

[eezymunny] 04/10/2016 09:06

Quite Pathetic (QP. sorry!)

Buy NuPharm for £9.3m July 2015 and now close it down. Worst acquisition ever?

Dear oh dear...

Beware the company with no cash flow!

EezyMunny10 May '16 - 10:04 - 119 of 296
For now all the operating cash flow goes straight out again in R&D costs. I suspect Mr Market remains sceptical until all this R&D spend bears fruit.

[r ball] 04/10/2016 08:48

First loss is best loss.

[darlocst] 04/10/2016 08:18

Placing on the way:

"The Board believes that a lower level of net debt would provide greater operational freedom to grow the core specials business and create further value in the Niche Pharmaceuticals pipeline, with a focus on unlicensed to licensed development."

Also incredible that they paid £9m for NuPharm just last year + £1m+ investment since --> loss of £10m+ in just over a year and now closing it.

[a2584728] 04/10/2016 08:06

I suspect Mark Slater may mop a few up down here, that fall is overdone.

[rosejs2] 04/10/2016 07:52

What is also interesting will be the reaction of the Institutions... Slater is one of the 3% Plus holders .. I presume they will all have been discreetly briefed before the results and hence No shock for them...

If they remain shareholders.. then they must see the longer term potential of QP..

[a2584728] 04/10/2016 07:49

Although we continue to expect to deliver strong growth in the second half of the year and beyond, given the recent performance of products other than unlicensed to licensed products and the conclusions of the business review, the Board now expects performance will be materially below market expectations. The Board is confident in the growth potential of the business from this revised base with its renewed focus on our key strategic objectives."

[rosejs2] 04/10/2016 07:48

I have just written to QP stating exactly the same...

The Head of group Legal should be tendering his resignation this morning...

Having said that:-

The acting CEO has at least discovered why the EX CEO and CFO left the company..
The focus on where future growth and profitability will come from has now been identified..This year is one to put behind and look forward..

A new Chairman is required....simply not good enough, Gave the ex CEO / CFO too much slack and not enough challenge.

Marketing and sales need to be beefed up considerably..

The company leaner and meaner will make a tasty morsel for somebody who can manage fully the potential of the remaining divisions..

[hazl] 04/10/2016 07:43

YES mixed report.
Sounds as if the CEO is clear and focused about the way forward and its reassuring to know that there is a strong performance from parts of the business but' materially below' likely to throw us today. IMO

[davr0s] 04/10/2016 07:28

We were inline just 4weeks ago and now materially below. That doesn't instill confidence that they have control of the business. Think I'll remain on the sidelines on this one

[davr0s] 04/10/2016 07:26

Well we know reason for the failed breakout out now - thankfully I sold out a few weeks ago when it failed