Rua Life Sciences Share Discussion Threads

[gleach23] 10/10/2024 21:41

Thanks for the insight there bones...bodes well

[parsons4] 10/10/2024 19:32

bones I really hope so !!

[bones] 10/10/2024 18:40

At one point today the MM’s were bidding for up to 375,000 shares at 14.2p on a retail platform (when spread was 13.5-15.0). That’s very unusual. You could buy virtually nothing online.

Another source reported that to buy 220k would set you back 16.5p and double that number would cost 18p (on the RSP platform that institutions and brokers use).

Got to hope the company can follow up with more positive developments.

[gleach23] 10/10/2024 16:51

After seeing the small buys at full price I did some dummy trades and noticed hardly any shares available to buy. Then the 111,692 shares trade @ 14.89p was reported 2 hours late to explain it.

Hopefully a sign of retail sellers having been mopped up and that any further buying will put upwards pressure on the share price

The recent chart certainly has a promising look to it.

[parsons4] 10/10/2024 16:44

Quietly firm !! still waiting for a positive RNS in relation to the heart valve business next !

[thiopia] 03/10/2024 22:16

Reminder of the prices Directors/Insiders paid in recent years

Directors Deals for Rua Life Sci. (RUA)

Announced Traded Action Notifier Price
14-Dec-22 14-Dec-22 Buy Lachlan Smith 54.17

30-Dec-20 30-Dec-20 Placing Geoffrey Alan Berg 120.00

30-Dec-20 30-Dec-20 Placing John Louis Ely 120.00

[thiopia] 03/10/2024 21:16

Escape Velocity is a very good way of terming it. You can see from the trajectory and the 'resistance levels' evident in this chart that we are approaching breaking out of the 'atmosphere' and into big spaces where the chart has gapped up and down a lot

[obiterdicta] 03/10/2024 20:40

The board's bears hibernating?Or in denial?Unable to admit RUA is a value story - cct manufacturing.And a growth story, the rest.15p is still cheap. But some let ego unable to admit they made a bad call.

[bones] 03/10/2024 18:34

Big volume on the up days.
Yesterday’s down candle completely “engulfed̶1; by a strong up candle with volume.
Breakout through months of resistance at 13 with two closes above that.

All points to a positive technical picture.

On the fundamentals, it’s about time the market recognised the recent acquisition of ABISS and its potential to double turnover and add to profitability, on top of the additional £700k of turnover highlighted in Contract Manufacturing with the one off contract that they hope to convert to an additional longer term contract.

Millions of shares have been sold in the recent few months in the 10p - 11p region and they are likely to have cause to regret their impatience. I hope RUA can achieve some kind of escape velocity this time around. Securing some kind of agreement following the MTA would be a great help too!

[thiopia] 01/10/2024 09:48

NickE

Today 09:55

Posts: 659

Price: 14.25

They have moved off NT now. Hate to tempt fate but it does look like the main seller is out now and their presence has meant the recent advances and future prospects for the Company hasn't been reflected in the share price.

So it's catch up time along with the prospect of both value enhancing news (due diligence on the acquisition, further contracts for contract manufacturing) and potential transformational news - some form of deal on AurTex whether it be licensing or an outright sale of Structural Heart or the whole .

The latter would quite probably take the share price into 3 figures. Nice risk reward given the seemingly positive strides towards profitability for the group as a whole and a mere 8.4m m/cap.

The management seems driven in their efforts to reach profitability which has meant the stock is a bit of a hidden gem - partly because part of that effort has included cutting costs including not renewing the pr contract with Equity Development

[rivaldo] 01/10/2024 08:47

The m/cap here is still only £8.4m, yet RUA has well over a £3m+ cash pile and likely £5m+ revenues post the Abiss acquisition, together with blue sky operations in the price for very little and forecast £0.4m PBT profitability pre-Abiss to March'26.

Loads to play for here imho assuming no hiccups.

[thiopia] 30/9/2024 17:01

Nice chart
Nice candle

[mikeh30] 30/9/2024 15:07

They'll be some upgrades coming. £80k and a doubling of annual revenues.Bit of fine tuning they could churn some cash out Then the heart valve wildcard on top ....20p should be base

[verulamium] 30/9/2024 15:02

It's all in the RNS, but no - not massive debts. Some French Govt Covid support loans to pay back and a bit more, but nothing they can't handle. A complete bargain.

[4vik] 30/9/2024 14:53

Would you acquire a Co. with lot of debts? Ehhh...

[cyberbub] 30/9/2024 14:45

If the acquisition for E80k seems too good to be true, perhaps it is? Does the acquired company have lots of debts maybe?

[amelio] 30/9/2024 13:28

The chart a thing of beauty. Next 2 weeks should be very enjoyable.
Trending above all MA’s - No target it’s blue skies above.

[gleach23] 30/9/2024 09:14

Decent buying today - long-awaited breakout on the cards which could be quite strong?

[thiopia] 20/9/2024 10:15

Sellers done ?

Chartwise we've cracked 50 day and 200 day Moving Averages which were acting as Resistance

[rivaldo] 17/9/2024 08:04

Good to see the price responding to some early buying today - nice chart action too with the share price at the highest since early June.

[early not wrong] 13/9/2024 07:47

Aortech bought RUA for £2.5m - revenue £1.6m and pre-tax profits £150k, net assets £1.2m.

RUA has just bought ABISS for €80k (no typo). Revenue €2.159m, profit (pre depreciation and amortisation) €185k, net assets €1.624m. Positive cash flow €223k.

Upgrades coming to forecasts

[early not wrong] 13/9/2024 07:33

There can be many reasons for selling that are unconnected with the specifics for RUA but my suspicion is we are still eating through unattached holders from the placing - who will sell regardless of the opportunity.

[7767] 11/9/2024 10:24

Why is there so much selling since the acquisition news????

[deanowls] 11/9/2024 08:00

Would be helpful for them to a presentation on takeover.