Sensyne Health Share Discussion Threads

[mbdx7em21] 17/1/2020 11:20

The Stigologist17 Jan '20 - 09:47 - 46 of 50
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At 30p you are getting it for EV of £0m even on rolled forward numbers so relatively riskless if you take a longer term view

Obviously if you care about being marked to market there is risk

they are burning cash at a rate of ~£2m/month..

[edwardt] 17/1/2020 11:08

we are in squeaky bum territory. wonder if drayson will use his 'bonus' to buy stock post results?

[cottoner] 17/1/2020 09:56

Definitely news next Tuesday.

Edit : Overlap with previous post.

[zulu_principle] 17/1/2020 09:52

I've been burned too many times in the past so even at 30p I'd be cautious.

Until Tuesday's results we have no idea what their cash burn is - I'm assuming R&D is still heavy, their Oxford HO looks expensive and according to glassdoor.co.uk they have at least 51 staff to pay (glassdoor put them in the 51-200 staff category).

Edit - agree with your last assessment Stig.

[the stigologist] 17/1/2020 09:49

You almost get a triple whammy at times like this

Desperate Seller

Buyers go on strike

Company know it's pointless putting out any news

All adds to spiral down.

But the recovery when it comes will be V shaped as those 3 forces revert like a coiled spring / stretched elastic

[the stigologist] 17/1/2020 09:47

At 30p you are getting it for EV of £0m even on rolled forward numbers so relatively riskless if you take a longer term view

Obviously if you care about being marked to market there is risk

[zulu_principle] 17/1/2020 09:43

At least one market maker still desperate to sell. Just checked trade prices on Halifax and I can sell for 38.01p but I can buy for 38.00p so not all this morning's "sell" transactions are actually sales. Prices have been inverted like this for the last couple of months (i.e. able to buy for marginally less than the quoted selling price). Watching and waiting - too risky to dive in just yet.

[edwardt] 16/1/2020 17:51

if you have to sell, you tend to have to accept the price on offer and if you are buying and know they will sell because they have been mandated to , you kind of have an advantage.

[the stigologist] 16/1/2020 16:40

NB ETX was trading at 2.5 to 3p and Woodford funds did clearout transaction at 1.25p or something

These people are stupid and desperate.

[zulu_principle] 16/1/2020 16:06

Resisting the temptation to catch a falling knife - I'm already facing a big enough potential loss. Happy to miss the first few pence of any bounce given the potential upside.

[the stigologist] 16/1/2020 16:02

There are Companies in this sector getting bought out for Billions (Flatiron) or being valued at Billions (Exscientia, BenevolentAI) so it's a case of staying in the game during this land grab phase. SENS claims to be a 'docking station'are a bit flimsy but hey it's probably an interesting punt at low enough a valuation

[billy3] 16/1/2020 15:56

Huge volume today compared to normal.

Trade Time Price Quantity Bid Offer Buy / Sell* Deal Value Trade Type
Jan 16 2020, 15:38 40.00 3,825 40.00 42.00 Sell £1,530.00 O
Jan 16 2020, 15:35 38.50 64,236 40.00 42.00 Sell £24,730.86 O
Jan 16 2020, 15:29 40.00 7,095 40.00 42.00 Sell £2,838.00 O
Jan 16 2020, 15:22 40.00 7,741 40.00 42.00 Sell £3,096.40 O
Jan 16 2020, 15:08 40.00 4,413 40.00 42.00 Sell £1,765.20 O
Jan 16 2020, 15:07 40.50 1,500 40.00 43.00 Sell £607.50 O
Jan 16 2020, 15:03 41.00 1,500 40.00 43.00 Sell £615.00 O
Jan 16 2020, 14:55 40.00 100,000 40.00 43.00 Sell £40,000.00 O
Jan 16 2020, 14:41 41.00 78 40.00 43.00 Sell £31.98 O
Jan 16 2020, 14:36 40.00 19,500 40.00 43.00 Sell £7,800.00 O
Jan 16 2020, 14:36 40.00 19,500 40.00 43.00 Sell £7,800.00 O
Jan 16 2020, 14:36 40.00 39,000 40.00 43.00 Sell £15,600.00 O
Jan 16 2020, 14:36 40.00 39,000 40.00 43.00 Sell £15,600.00 O
Jan 16 2020, 14:36 40.00 39,000 40.00 43.00 Sell £15,600.00 O
Jan 16 2020, 14:36 40.00 39,000 40.00 43.00 Sell £15,600.00 O
Jan 16 2020, 14:36 40.00 39,000 40.00 43.00 Sell £15,600.00 O
Jan 16 2020, 14:35 40.00 100,000 40.00 42.00 Sell £40,000.00 O
Jan 16 2020, 14:29 41.88 400 40.00 43.00 Buy £167.52 O
Jan 16 2020, 14:28 40.00 100,000 40.00 42.00 Sell £40,000.00 O
Jan 16 2020, 14:16 41.89 900 40.00 43.00 Buy £377.01 O
Jan 16 2020, 14:10 42.00 27,582 40.00 44.00 ? £11,584.44 UT
Jan 16 2020, 14:04 42.00 6,904 40.00 45.00 Sell £2,899.68 O
Jan 16 2020, 13:59 42.00 80 41.00 45.00 Sell £33.60 O
Jan 16 2020, 13:55 42.00 450 41.00 45.00 Sell £189.00 O
Jan 16 2020, 13:20 45.00 2,000 45.00 46.00 Sell £900.00 O
Jan 16 2020, 13:19 45.00 2,000 45.00 46.00 Sell £900.00 O
Jan 16 2020, 13:11 45.00 20,000 45.00 46.00 Sell £9,000.00 O
Jan 16 2020, 13:06 45.00 5,000 45.00 46.00 Sell £2,250.00 O
Jan 16 2020, 13:05 45.00 5,000 45.00 47.00 Sell £2,250.00 O
Jan 16 2020, 13:03 45.50 10,000 45.00 47.00 Sell £4,550.00 O
Jan 16 2020, 12:52 45.50 3,988 45.00 47.00 Sell £1,814.54 O
Jan 16 2020, 12:37 46.00 2,160 45.00 47.00 ? £993.60 O
Jan 16 2020, 12:23 45.50 1,000 45.00 47.00 Sell £455.00 O
Jan 16 2020, 12:15 46.00 4,000 45.00 47.00 ? £1,840.00 O
Jan 16 2020, 12:02 46.00 7,500 45.00 47.00 ? £3,450.00 O
Jan 16 2020, 11:59 46.36 1,000 45.00 47.00 Buy £463.60 O
Jan 16 2020, 11:58 46.00 2,000 46.00 47.00 Sell £920.00 O
Jan 16 2020, 11:56 49.00 8,000 46.00 47.00 Buy £3,920.00 O
Jan 16 2020, 11:52 49.00 8,000 46.00 47.00 Buy £3,920.00 O
Jan 16 2020, 11:52 49.00 8,000 46.00 47.00 Buy £3,920.00 O
Jan 16 2020, 11:52 49.00 8,000 46.00 47.00 Buy £3,920.00 O
Jan 16 2020, 11:52 49.00 8,000 46.00 47.00 Buy £3,920.00 O
Jan 16 2020, 11:52 46.00 2,746 46.00 49.00 Sell £1,263.16 O
Jan 16 2020, 11:45 48.12 20,000 46.00 49.00 Buy £9,624.84 O
Jan 16 2020, 11:08 48.00 2,500 48.00 49.00 Sell £1,200.00 O
Jan 16 2020, 11:00 48.00 120,000 45.00 47.00 Buy £57,600.00 O
Jan 16 2020, 10:31 49.00 39,500 48.00 50.00 ? £19,355.00 O
Jan 16 2020, 09:02 48.00 632 48.00 50.00 Sell £303.36 O
Jan 16 2020, 08:58 48.00 2,475 48.00 50.00 Sell £1,188.00 O
Jan 16 2020, 08:57 49.00 750 48.00 50.00 ? £367.50 O

[billy3] 16/1/2020 15:53

This is quite painful. But as others have said, this appears to be the last throws of clearing the Woodford holdings. The stock does not have much liquidity so I would expect it to rise as quickly as it falls once buyers come back in and Woodford is out.
Fingers crossed.

[edwardt] 16/1/2020 15:43

if it is on an ev of near zero. i can take the short term pain as the market makers will mark it up a lot post clearing of stock. therefore i take the view go in slowly! when the stock is cleared you will miss out. just my humble opinion.

[the stigologist] 16/1/2020 15:38

Why would anybody buy to catch the falling knife to let out Woodford or Woodford alts?

Should be buyers strike

Of course once out we'll have rapid v shaped recovery so one to watch

[pugugly] 16/1/2020 15:28

mdbx= While no longer in Woodford name was a transfer to Link (Corporate director) so still have to be cleared to the market - Some 11%plus were transfered across so I suspect still a lot to clear - e&oe.

[edwardt] 16/1/2020 15:12

guess we are at least getting some volume now so that should stop the bleeding.

[mbdx7em21] 16/1/2020 15:12

from the holding statements, woodford was cleared some time ago?

[the stigologist] 16/1/2020 14:40

There's no news leaking

Woodford etc are dumping with a Jan deadline to pay back investors

[pugugly] 16/1/2020 14:35

Seems to be news leaking - Down 19.4% so far today - Either a screaming buy or into bargepole teritory. Watching and had to lower target 3 times today as alerts triggered

[edwardt] 16/1/2020 14:33

raiding my piggy bank for the next tranche. hopefully have more funds monday.

[edwardt] 16/1/2020 14:33

clearly bonkers to have no ev. if it was us listed it would probably be $500m.

[the stigologist] 16/1/2020 14:28

SENS
Price : 40p
Shares o/s : 129m
Mkt Cap : £52m
Cash : £49m (at 30 April 2019)

EV : £3m



They are spending c.£9m a year on R&D

So assume cash going down and giving shares to NHS Trusts. So maybe rolling forward 1 year we're at an EV of £16m ?

[edwardt] 16/1/2020 14:06

echo that . i have just bought my first tranche.

[the stigologist] 16/1/2020 13:20

Must be getting close to an EV of 0