Sinclair Pharma Share Discussion Threads

[dealit] 16/10/2017 14:21

I can not see why SPH would want to raise funds if they are on track to be in profit at the next results.
Plus, "New £10.0 million debt facility in place to fund investment in future growth," IMHO

[eggbaconandbubble] 16/10/2017 12:47

Is the price falling because of the likelihood of a fund raising?

[cumnor] 02/10/2017 22:29

Likely, imo, red ninja.

[red ninja] 02/10/2017 22:20

What is the chance of a share issue to bolster cash reserves ?

[eggbaconandbubble] 02/10/2017 16:24

As I believe I have said before - they have good products, are in all the right markets, and have a 'very high quality shareholder list' as steeplejack aptly put it.
I think they are just lacking that marketing ooomph to get the whole shebang snowballing. It feels more like a nursery story than a Hollywood action thriller!

[soundbuy] 02/10/2017 14:45

Still on the sidelines........

Little incentive to rejoin the party at present....been drifting on paltry vols

At the time the disposal of assets to Alliance Pharma looked a cracking deal/strategy at a cracking price, debt paid down etc but APH seemed to be sweating those assets well, outsourcing manufacturing etc. while here............hmmmmm

[eggbaconandbubble] 02/10/2017 13:02

Well, mfh, there are thankfully all above current sp!!!

[mfhmfh] 02/10/2017 12:43

wide variation in broker target prices.

Numis from 4th April have 35p, N+1 Singer from 19th April have 37p.

Stifel from 11th July have 71p.

Peel Hunt from 19th September have 68p.

Jeffries from 29th September have 55p.

[steeplejack] 02/10/2017 11:56

This stock is like a mirage.Looking at the Hardman report,you can't help but notice that the company are walking a cash flow tightrope and that the valuation only looks reasonable if you push out to 2019.Also,there's all the vagaries of different markets in different countries which can spring nasty surprises.I continue to hold,in no small part,because I have some faith in this very high quality Sinclair shareholder list.Thereagain,I've been got caught by a misplaced belief in the judgement of fellow shareholders in the past.

[shroder] 29/9/2017 22:57

I don't think there is any question regarding the growth potential here, but fundies do need to catch up with lumpy valuation imo.,

[red ninja] 29/9/2017 21:44

Still seem to be drifting if slowly.

[dealit] 22/9/2017 16:32

At last a bounce if only small.

[red ninja] 21/9/2017 12:52

Egg,

you are not mistaken. I believe they originaly had around 29% reduced that towards 24 % and then took their interest back over 25%.

[dealit] 21/9/2017 08:57

We have a long wait until the next results out and maybe a rise in share price or they get taken over IMHO.

[eggbaconandbubble] 20/9/2017 21:16

But they then started to increase their holding again. Unless I am mistaken.

[red ninja] 20/9/2017 19:07

Tosca have reduced their holding, not exactly the action of a delighted holder.

[dealit] 20/9/2017 16:45

IMHO SPH have growth potential, but they keep on promising jam tomorrow until eaten is not sweat.

[eggbaconandbubble] 20/9/2017 14:26

OK, but ask yourself why Tosca and Soros are deep in here. Plus the directors and ex directors have a lot of meat.
Or is it another Woodford experience!!!!

[eastbourne1982] 20/9/2017 13:38

In these markets you cannot get away with burning cash at the rate SPH are, until they reverse this and actually prove they are able to generate decent amounts of cash there is very little reason to invest, market cap is still pretty high given the financial performance.

[red ninja] 19/9/2017 12:48

The results are pretty much in line with the trading update back in July for the same period to 30th June.

Unfortunately the market wasn't that impressed then which is why we have seen the drift downwards in recent months. Probaly because the SPH is still on the road to making a profit ...

[mfhmfh] 19/9/2017 12:29

Outlook sounded generally positive to me:

'Much has been achieved during the first half of 2017 and the Group continues to see strong demand for its portfolio of differentiated, high growth aesthetics products. Sinclair is well placed to deliver strong second half sales, particularly in leading markets Brazil, South Korea and the US, and underpinned more generally by a buoyant global aesthetics market. Trading in the current quarter is in line with the Board's expectations. We remain confident of delivering strong sales growth for the full year and are on track to deliver an adjusted EBITDA profit for the year ending 31 December 2017. With strong in-market sales trends and high marginal profitability, the Company expects this momentum to carry into the medium term.'

[haroldthegreat] 19/9/2017 11:50

Word of mouth is the best advertising for a product. A personal recommendation cannot be beaten. Of course sometimes someone might not wish to disclose their secret. They might even lie and say they used a different inferior product !

[mfhmfh] 19/9/2017 11:35

Peel Hunt re-iterate 68p target price today.

[steeplejack] 19/9/2017 11:21

I have no reason for such a suggestion but,ultimately,when they achieve profitability,I reckon that a "for sale" sign will be erected with Tosca playing estate agent.