Shield Therapeutics Share Discussion Threads

[lovewinshatelosses] 21/2/2024 07:40

In fairness, this company has stunk for a long time now. This update is only consistent with what we have come to expect here. Need a total clear out, and possibly more. If the authorities had any credibility in the UK whatsoever, they would be all over this one. Dodgy as they come, is the impression they continue to create for themselves.

[tripletop1] 21/2/2024 07:37

Can't trust anything GM or the company spout anymore

Company is done for in my opinion in it's current state after today's news

Think AOP are going to get to step in here.. can't see any other way.. will VTRS buy after this? Highly unlikely.

[alancapone] 21/2/2024 07:36

Want iron? Drink Guinness 100% natural

[hamidahamida] 21/2/2024 07:34

Naughty Naughty Cooking the numbersWill be needing more money Next Covenants breach coming

[hatfullofsky] 21/2/2024 07:34

It's negligence, 3rd party data provider needed to count up to 28k, my child can do that

[best1467] 21/2/2024 07:32

Exactly has I predicted a few days ago disappointing and the CEO would try to put a positive spin .
Without doing a few hours number crunching the original 20 sales team without the partnership and massive extra costs and giving bear 50% away would have been approaching 55k YE so to say the 100 sales team have been successful is laughable

[hatfullofsky] 21/2/2024 07:27

100+ sales team and 22% growth, pathetic.

4p / 3p today ?

[alancapone] 21/2/2024 07:24

Rebound trade at 1p

[hatfullofsky] 21/2/2024 07:24

FFS !!!! This is going to hurt.

...... with the aim of turning cash flow positive in the second half of 2025(previous guidance late 2024)


Previously reported Group financials including revenues, net revenues per Accrufer® prescription, and compliance with financial covenants on the Group's debt instrument are not affected by this change. The Company is working closely with its third-party data provider to ensure future consistency of data reporting.

Madison has no shame, he doesn't mention the huge miss in his quote.

[little minx] 21/2/2024 07:18

Pick a positive selling price up 21%

[purchaseatthetop] 21/2/2024 07:16

“With these revised prescription numbers, Shield is revisiting its previously communicated guidance and plans to provide additional updates at the time of the Company's final results, expected to be published in April 2024. Shield has also undertaken several important measures to manage its cash flow, including the reduction of operating expenses, and working capital enhancements, to provide the necessary resources with the aim of turning cash flow positive in the second half of 2025.”

How about firing the entire management team?

[2theduke] 21/2/2024 07:14

It doesn’t even make sense. End quarter figured (which are actual), were projected wrong ? You can’t blame a third party for our own accounts and cash flow not balancing.
Perfectly in time for their fund raise .
I really hope someone sues them, unbelievable.

[babbler] 21/2/2024 07:10

Read the WHOLE rns. Overstated prescription numbers

[bones698] 21/2/2024 07:05

Figures look good to begin with but little detail on losses. It's OK increasing revenue albeit slower than previously thought but no indication of profit/loss so not worth much

[qipincha] 20/2/2024 16:27

I see this is a usual trick played by mm, people are scared and selling your holding

[reviewwworld] 20/2/2024 15:54

Good volume today, sadly.Death by a thousand cuts

[thanatos abyss] 17/2/2024 13:28

Nobbygnome - 30 Aug 2022 - 08:58:12 - 1542 of 1970
A few shorters will be panicking at this point

.....


😂

[best1467] 16/2/2024 07:15

Well With the scope Size of his Management team Greg needs to achieve something.
But many years of disappointment and achievement I’m not expecting anything positive On certainty he will put a positive spin on a negative