Vectura Share Discussion Threads

[rathean] 05/4/2018 09:34

I think we have here the making of another Alliance Pharma, sloooow steady progress on earnings with a share price to match. What price acquisitions to replace the more conservative risk profile on its own discoveries?

[richtea2517] 04/4/2018 16:12

I think the board have been reading Simon Sinek books. Suddenly Vec is all about their people and investing in them. All this stuff is as interesting as the share price for me. Which I hope get going soon, incidentally.

[richtea2517] 04/4/2018 16:10

Blue POB. Will it won't it.

[pooroldboy55] 04/4/2018 11:27

I wonder what % of days this starts off in the blue and ends up in the red.Why would anyone in the know buy AM ?

[richtea2517] 03/4/2018 09:03

Interesting new narrative on social media. Not sure what to make of it. They are clearly looking to tell a different story.

[polaris] 30/3/2018 13:49

best1467 - you are right that VEC is missing for some reason on the current portfolio webpage of the HBM website. I also started there after your post and then went to the link that i gave. Easy enough mistake to make. s1zematters gave an even more up to date link from the last RNS.

However, the volume recently has been large and so something is afoot. The problem is that you need to get to 20M shares or so under a single holder until it becomes a level requiring an RNS, at least in theory, for the LSE.

[best1467] 30/3/2018 13:06

Sorry for the confusion on my part it was just when I clicked on hbmpartners website current portfolio it had all the various listings but no mention of Vectura.

[s1zematters] 30/3/2018 10:25

HBM Healthcare Investments hold as per RNS last week 9.198435% an increase from 8.831716% as a result of purchasing more shares on 22 March 2018!

I must admit I initially thought it them selling every day, but it seems it isn't, they hold 61 million vec shares

[polaris] 30/3/2018 10:15

Not unless they sold out in the last 4 weeks. VEC remained the 2nd largest holding in the portfolio on the 28th February 2018.



With exchange rates and the share price on the 28th Feb then it suggests a holding in the region of 65M shares, or something close to 10% of VEC. HBM held a lot more SKP in the past but i have not looked at their holding information since the merger.

[best1467] 30/3/2018 10:02

It looks like HBM the Swiss biotech fund are the seller in there report year end 2017 they still had vectura as there biggest holding .But they appear to have sold out completely I think that's around 80 million shares .I'M surprised if this is correct but they do not have vectura listed in the present portfolio. And on the basis of there track record of holding stakes in companies that get taken out its a negative for sure.

[boadicea] 29/3/2018 17:10

Someone, of course, is mopping up the sells and on available evidence eventually stands to do well for their commitment.
No one knows how long the situation will last (although I suspect months rather than years). Hence I would not suggest committing margin money into it.
Personally I intend to sit it out, possibly adding again on any further dips.
Whatever may happen in the mean time I do not expect the end game (or whatever the resolution may be) to reach an endpoint south of here - but dyor.

[s1zematters] 29/3/2018 16:32

our friend the share price killer just lumped in a 1 million underbid price in close auction again!

edit 4.36pm there it is yet again 1.3p underbid onemore±! this happens virtually ever day!

Something very bizarre going on here, shorters seem intent on throwing serious amounts of stock to keep this under pressure?

[s1zematters] 29/3/2018 16:02

It remains consistory and predictable weak almost all day every day since January.
It fails to hold any gains, likewise fails to respond to bod buys and fails to respond to increase holdings RNS, but always falls below bid in the close auction.

Not a great deal of cheer here folks ;)

[jonnycash1] 29/3/2018 15:15

There is nothing going on, precisely why this is still getting shorted. Low volume, dropping out of ftse 250, no news expected - easy to push the price around a make a few quid. Nothing more than that, it's called trading.

[pooroldboy55] 29/3/2018 14:58

Agree boadicea some big numbers but no RNS have said for a long time something going on but what i havent got a clue.And but not always seems to fall in the afternoon when the US are open.

[boadicea] 29/3/2018 14:54

I admire your confidence in the regulatory system. Unfortunately, given the size of holdings outside the effective jurisdiction of uk authorities, I don't entirely share it.
Why, for instance, have we not seen any holdings disposal disclosures except for the likes of L&G who clearly have to follow the rules.

[dontay] 29/3/2018 14:09

boadicea... I can't see it as being anything other than normal market forces at work and a the effects of a very large overhang being disposed of. Taking in to account this has been going on for a very considerable time, any company who might have been considering a bid is not only required to notify the watchdog of any intention to do so but also why would they want to dispose of megga millions of VEC shares below book value if they already spent out £megga millions acquiring them... which surely is very doubtful? Any collaboration between a bidding company and a fund manager leading to a joint intention of manipulation/hidden agenda to deprive other shareholders going on for so long... would eventually come to light in the event of a bid... and prosecution would be a certainty.

[popper joe] 29/3/2018 13:54

I don't claim to understand all the technicalities of how the shorting game works, but we are not seeing a constant increase in the overall short position that would hold the price back. Therefore, if market demand is there to buy the shares they would rise, unless there is a large seller still dumping at anything above 70/75p. But then we should see an RNS to that effect???

[boadicea] 29/3/2018 13:28

Dontay - ... because the low preceding price will make a lowball offer for the whole company look attractive and save a lot more than the cost of a losing short position.

[dontay] 29/3/2018 12:56

Why would the share price be purposely held down below 80p? Why would whoever not want to dispose of a holding at a time that would maximise the price they would get for it?

[dontay] 29/3/2018 12:16

ShortTracker showing GSA Capital Partners upped their short position 0.10 to 1% on 26th. Pushing total shorted stock up to 2.81%

[diesel] 29/3/2018 12:09

Totally agree...I can't see any meaningful profit being made out of this concerted trading effort, so the conclusion must be that it is being held down for reasons that will no doubt become known...still think the market sees this going higher and this is becoming harder to hold back.

[s1zematters] 29/3/2018 11:43

Despite the share price not going below 78.35p since the shire announcement yesterday morning and many millions of share traded above that figure all afternoon. The seller decided to hijack the close auction yet again with a huge order placed in the low 70's creating a matched UT trade well below bid again.
The seller could have dumped before 4.30 pm in the trading hour and achieved a higher price!
There is definitely either or a huge seller/shorter out there or a concentrated effort to hamstring the price almost every day this year!
Again another massive UT trade to seemingly ensure half the days eeked out hard-fought gains are taken back in a flash.
It worked as we are down today from the bid/offer from 4.30 last night despite another market up day!!

Something will have to give here soon! still long at 71p and 78p

[diesel] 29/3/2018 09:43

Certainly a lot of effort going in to keep this below 80, we'll see who wins...