Sinclair Pharma Share Discussion Threads

[+eysenck] 22/8/2018 10:20

Some chunky trades going through. Is the prove preceding news?

[dealit] 20/8/2018 07:06

IMHO it would seem that the Chinese want SPH on the cheap and the Major shareholders and the Directors want to sell. For share holders sake not to low in price, key is Tosca and what they paid to be a 29% holder.

[eggbaconandbubble] 17/8/2018 14:07

It's all bonkers to me!

[steeplejack] 16/8/2018 22:48

Very true,Tosca won’t want to sell out at a loss.

The Chinese must of been aware from the very beginning that the agreement of Tosca was a prerequisite of a successful bid.Remember this statement made in early July-

“HMC is a leading Chinese pharmaceutical manufacturer and distributor, and is also one of the largest aesthetic marketing companies in China offering botulinum toxin products and fillers. The company's strategy is to become one of the leading aesthetic companies worldwide and believes that Sinclair would support HMC in achieving this ambition.

There can be no certainty that an offer will be made, nor as to the terms on which any offer might be made though HMC and CGE confirm that any offer is likely to be solely in cash.”

So if the bid is likely to be made in cash,why is the share price going down?Frankly I can’t see our esteemed shareholder list accepting 20p.Maybe the terms of any bid have subtly altered during discussions such that the Chinese might take a controlling interest but the existing major shareholders keep ‘skin’ in the game.The share price is saying that no bid will occur but the extensions of PUSU suggest otherwise.It’s opaque.

[pj84] 16/8/2018 09:50

I hope so dealit but there is no guarantee.

Just been through the same thing with Carclo which also had a PUSU extension;



but was then followed by a withdrawal;

[dealit] 16/8/2018 07:23

7 day extension then, must be close to a deal IMHO.

[haroldthegreat] 16/8/2018 06:24

So one would hope they will only sell out at a profit on that price. If they wanted to sell they would have reduced their stake over the last few months.

[haroldthegreat] 15/8/2018 19:21

more important is the price Tosca have paid for their shares ! they will not want to sell out at a loss.

[dealit] 15/8/2018 16:23

Toaca I feel are the key here, why would they sell at these prices. Their researchers will have done their work many moons ago and revue on a regular basis having SPH as a long time hold IMHO. Would be nice to know their target price though.

[steeplejack] 15/8/2018 15:25

Um.....well I’ve held even longer than you stalban and I’m not sure I’ve “kept the faith”,so much as suffered the consequences!This has been a pitiful investment.Tosca must be fed up to the back teeth.

[stalbans66] 15/8/2018 10:02

Whitebycycle i have held this since 2006 so have kept the faith but i will hold just for the reasons eggbaconandbubble quotes.
Thankyou for your reminder of the realities.

[eggbaconandbubble] 15/8/2018 04:02

Whitebike, One the face of it, yes. But look at the list of shareholders who have some serious skin in this.

[whitebicycle] 14/8/2018 21:24

Lets not kid ourselves with this one it's an absolute dog. For 15 years it's been run by Directors for Directors.
In the past private equity would have come in and scooped up a bargain but there is no bargain here.
I should really realise the loss with this POS.

[dealit] 14/8/2018 20:17

IMHO 80% 20% no deal for Chinese.

[mercer95] 14/8/2018 11:56

The Chinese interest is just a bonus for me but I wouldn’t be surprised if they do put forward some sort of offer,the fact they are at least considering an offer bodes well for the future, still early days for Sinclair & it’s product range, thread lifts will become as common as Botox injections within a few years IMO

[steeplejack] 14/8/2018 11:41

Two days to go for the Chinese to flutter their fan.....or more than likely not.

[deb81e] 10/8/2018 16:27

This share fall is not looking good, but I'm hoping I'm wrong, I would take and love 30p at moment

[steeplejack] 10/8/2018 16:25

If the Chinese were going to offer 30p the shares would be rising!

[dealit] 10/8/2018 16:08

IMHO these are being allowed to fall for a reason that reason being, they must be looking very attractive and cheap to the Chinese at 19.50p. We will be lucky to get 30p now.

[steeplejack] 10/8/2018 10:21

Back down under 20p might signal that nothings going to come of the latest "bid" discussions.

[steeplejack] 03/8/2018 06:30

I would of thought that Tosca's interest is going to be more than influential.In combination with other major holders,Tosca could vote a bid proposal down pure and simple.Its highly unlikely that the board can give its recommendation to a bid that doesn't have the approval of its largest shareholder.

[dealit] 02/8/2018 16:30

Yes you are correct EGG that may well happen IMHO.

[eggbaconandbubble] 02/8/2018 11:54

At 29% have Tosca got any real say in the matter? I guess they could go over the 30% and make their own offer? Am I right?

[steeplejack] 02/8/2018 09:25

Unless Tosca give a nod and wink that an "offer" would meet with their approval,the whole exercise could prove pointless.I suppose an extension suggests that the parties are not a million miles apart.