Theracryf Share Discussion Threads

[clocktower] 02/5/2024 11:27

Previous holdimg as per old EVG website:

Seneca Investment Managers 14,932,071 5.4%

Current Holding : 16,301,456 3.81% however the RNS state this was their previous holding.

[clocktower] 02/5/2024 07:19

Well markth126 all guff in that RNS as nothing about the due money from Stalicla.

Have you rung shyster Jones and asked him what’s going on?

From the looks of the share price it would seem that some of those 62 million new shares have been sold, bringing the stock price down.

Good luck maybe there will be better news when the next RNS is released.

[clocktower] 01/5/2024 11:59

They have also updated their website to show the new company name:



"STP2, or SFX-01, is a stabilized synthetic form of sulforaphane for which STALICLA has acquired the rights for neurodevelopment disorders worldwide from TheraCryf (formerly known as Evgen Pharma) in October 2022.£

[clocktower] 01/5/2024 10:48

Heres something very positive for you markth126 if you have not noticed or been looking at the Stalicla website of late: 11 April 2024



"We are delighted to welcome Thomas during a pivotal time where his proven track record in navigating clinical and strategic development will support the advancement of STALICLA’s late-stage Phase 2 and 3 clinical pipelines for precision medicine treatment of neurological and neuropsychiatric disorders. His focus on biomarker lead strategies in CNS drug development is an ideal fit with our science and vision to pioneer precision medicine in the neurodevelopmental disorder space.” - Lynn Durham, CEO & Founder. "

[clocktower] 29/4/2024 09:47

Good Luck markth126 but I will only buy and trade this on news (if any) now, having done well in the past on this but then giving it all back and a little more, over three occasions, as I thought Stalicla would have paid up last autum, and other deals would have been agreed that would have seen the share price up in the 7/8p range with prospects.

Dr Jones is to slippery, ever since his - "I wish we could buy shares",I would not trust him if he said it was Spring and there were green shoots of recovery poking through, as I would go out to check to see if that was true.

[markth126] 29/4/2024 09:29

Hello old EVGers - hopefully we can have some sensible discussion over here now and see some green shoots of hope coming out of the company soon. I have not sold any shares, nor did I participate in the most recent raising but I do remain committed to this investment and will see where that takes us. Good luck all. Mark

[markth126] 29/4/2024 09:23

Just creating a new thread following the name change

[topvest] 29/9/2017 15:06

Still waiting to get my money back on Value Catalyst Fund. Think I made a profit on this one 3/4 years ago. Laxey have turned themselves into DBAY. I don't trust them. They are a bit aggressive in my view.

This is looking like a total write-off to me as leveraged Italian property is not the best place to be. Been a disaster for a decade and looks like it will be a disaster for another decade.

[rjmahan] 29/9/2017 10:42

I can see the appeal - shocking how a debt / NAV ratio can move that fast...

[robizm] 27/9/2017 17:50

Why did i buy these at 35p

[robizm] 23/8/2017 07:29

Dont like the way they milk the running costs of this as what do they have to do and what happens when the cash runs out

[topvest] 14/7/2017 21:53

Yes, right with you on not trusting Laxey Partners!

[rjmahan] 13/7/2017 20:40

Glad I sold out of this - lucky escape. I had hoped they would be able to sell down property and repay debt but it obviously hasnt happened like that.

Still not entirely convinced its a complete no hoper, debt / NAV was 57% !, telecom assets are high quality - though there is a lot of junk in there too.

There was a eur 20m (from memory) payment due in 2017 - part of reason I sold out. Surely can be renegotiated again?

Dont entirely trust laxley not to try to pick up TCF on the cheap... Dont think we are anywhere near the bottom yet though....

[topvest] 13/7/2017 19:33

Looks very bad news. Relieved that I don't hold these any longer. Blimey didn't Lacey Partners invest in some rubbish highly liquid and leveraged assets? Think their credibility as an asset manager is close to zero. Still have some Value Catalyst Fund shares, unfortunately. Think this is possibly heading to zero!

[rjmahan] 02/12/2016 21:35

I dont know but you could ask them. I think the debt is reasonably short term so no guarantees either way....

Dont forget share is at 40% of NAV... Will revalue once the debt is paid down a bit more and it can start paying dividends...

[brwo349] 02/12/2016 20:59

Gearing here about 60%?
Can anyone speculate what happens here if there is an Italexit? Does the debt remain in Euros but the assets revert to lira? Or does both debt and assets convert to lira?

[edwardt] 09/8/2016 16:54

i assume nav growth is purely euro strength?

[praipus] 18/4/2016 11:02

8(th) April 2016. TERRA CATALYST FUND. Net Asset Value of the Company

The Directors of Terra Catalyst Fund ("the Company") wish to announce that the final Net Asset Value for the Company as of 31(st) March 2016 was 203.33 pence per share.

[praipus] 08/3/2016 12:45

Yep...the assets are in beautiful Italy and subject to fortune like all things.

[rjmahan] 06/3/2016 20:28

Praipus - do you own this ?

I do - its one where I can sleep safe in the knowledge that one day in the next four years it will probably double...

[praipus] 04/3/2016 22:45

RNS Number : 1682R

Terra Catalyst Fund

04 March 2016

4(th) March 2016

TERRA CATALYST FUND

Net Asset Value of the Company

The Directors of Terra Catalyst Fund ("the Company") wish to announce that the final Net Asset Value for the Company as of 29(th) February 2016 was 200.39 pence per share.

-ends-

[edwardt] 07/7/2015 15:50

there you go -terms agreed - could be a good performer now for a month or so..

[skyship] 14/4/2015 07:46

rjm - as you must surely be aware, all valuations are based upon yield considerations; hence in an era of yield compression, values rise.

Very simplistically, if you buy an office block in Leicester providing £500k rent and you value with an 8% yield, then the asset will be valued at £6.25m.

Over the course of the next year yields on similar assets drop to 7%, so the asset will be revalued to £7.14m. All other things being equal of course...

A simple model surely can't exist as there are so many variables, starting with yield, covenant and lease length.

[rjmahan] 13/4/2015 18:49

Skyship thanks for the reply. I am serious. I don't entirely see why the Nav of a building need necessarily change when let. Surely for almost all building s if you drop the rent enough they will be let. That being basis on which they should be valued...

Also over at IERE unlet buildings have been sold at 50% discounts to Nav why would this be the case if the Nav was remotely accurate...

I really want to understand this better think it is time to read some surveying books...

I know prop cos provide detail but if I can't model Nav effect no real use to me...

I am often concerned NAV doesnt reflect likely open market sale value...