Vectura Share Discussion Threads

[alexchry] 24/6/2019 16:54

pob55-keep going with the predictions. It may be warm in the Cotswolds but it is boiling hot here, time for a cold Keo, unfortunately I have to get it myself!

[pooroldboy55] 24/6/2019 16:50

OK wrong again good finnish to the day .I Will keep predicting price going down seems to be working.
Warm here in the cotswolds time for a nice G&T JAMES !!!

[chrisdgb] 24/6/2019 16:02

Has been quietly rising the last few days....................????????????

[pooroldboy55] 24/6/2019 15:41

i see we have o trades and again soon after the price drops this may well be a coincidence but for the last few days O have been followed by an up tick is the seller back?????

[pooroldboy55] 24/6/2019 14:48

Lets hope its not a broken metatarsal Sherlock .

[jimboyce] 24/6/2019 14:06

Something is afoot here Watson.

[polaris] 24/6/2019 13:34

Someone continuing to take everything on offer at the 85 level.

Just over a week away from the end of H1. Looking forward to some positive newsflow in H2 to push the share price back towards the 100p level.

I'm not too greedy. I'll take 1p increase per week until the end of the year. ;-)

[diesel] 22/6/2019 14:37

Well the chart does look better than has for a long time..

[polaris] 22/6/2019 13:32

That 60+% of the daily volume was in the closing auction and it went through at the high of the day. Suggests a new entrant to the market or a technical trade based on a possible chart breakout.

[frazboy] 22/6/2019 13:22

Interesting in what sense Paul? HBM selling or something else?

[polaris] 21/6/2019 17:37

Interesting auction there..600+K at high of day..hmm

[diesel] 21/6/2019 11:30

It looks like HBM have stopped selling, maybe they see an opportunity to sell at a higher level or they have now balanced their holding. Must admit that this has a nice steady feel about it, just need confirmation from the US about the verdict not being challenged.

[best1467] 21/6/2019 07:28

We have had several head and shoulders over last 12 months it’s looking positive we need to break through 90p which would signal Astor good long term breakout

[davr0s] 20/6/2019 19:08

Yes I'm a technical trader - already hold and any more strength and I add. It's in an interesting area. But if it breaks down I'll chop it

[fhmktg] 20/6/2019 18:49

We've been trading pretty flat since March 2018, but the anticipated newsflow over the remainder of this year could give us take off to break through the £1 level.... Advair resubmission, partnering, resolution of the court settlement and trial data all to come.Quite a critical time for sentiment to change ahead of the trials for the Ellipta attack.

[base7] 20/6/2019 18:11

I have never had the tome to study charts but wonder whether those who do may conclude that Vec have reached an interesting point on the chart where recovery may be in the offing ?

[polaris] 18/6/2019 13:33

Bit of portfolio tidying today, as it is the last day for the June SBs. I'll probably be adding a few more to the September and December positions if i can get the entry prices i want.

edit
Expect some random order book movements for the rest of the day, as it may well be that at least one of the players is via SB and CFDs and is moving the order book to meet limit sells that are not directly met in the market. Suspicious single figure trading at the edges of the current trading range are the indicators. I've cleared out 25k today so far and none of it has been reproduced in the actual trades. I assume i am being offset against other traders with opposite positions.

[polaris] 15/6/2019 14:28

GSK claiming one thing and then claiming a second that should not be an issue if their first claim is valid. Either the patent is invalid or the level of the claim is inflated. You cannot have it both ways GSK. Do you admit the patent is valid and claim against the damages awarded or keep going on the patent side? One could say that it sounds a lot like a child throwing toys. The only thing missing is the statement "it's not fair!"

The partial judgement in March was the nail in the GSK case, as it sided with VEC on the patent validity and the infringement. GSK coming back and stating that the patent is invalid is a case of calling foul after the fact, IMO. They had their chance in court and blew it.

They are on rocky ground wrt the damages too. They could easily be hit with larger damages due to the willful nature of the infringement...and the US justice system. Had the agreement continued with previous cap then the revenues to VEC would have been the cap in each year from 2016 to 2018, the part covered by this case. That is £37.5M cf. the £70M awarded. That can hardly be called inflated. VEC can counter claim on the impact of the litigation on the share price since 2016. That is several hundred million in market cap, potentially attributable to damage to reputation.

It will be very interesting to see what comes back from the judge. GSK just repeating their previous claim isn't going to change the judgement, without some new evidence as to why.

Wonder when we will hear something on the VEC appeal of the arrow judgement in the UK patent courts...

[popper joe] 15/6/2019 13:43

GSK Calls $90M Inhaler IP Damages 'Wildly Inflated'

I don't think everyone will be able to read the whole of this article, so to summarise:




GSK went back to court on Thursday and asked the Judge to look again at the VEC case, asking him to alter his judgement or allow a retrial. Apparently, the Judge had affirmed the verdict 2 weeks after it had been originally announced.

They said:

"The verdict was the result of a "runaway jury," not facts. Vectura based its damages off the full sales of certain GSK inhalers — rather than the portion of those inhalers that involved Vectura's invention — and relied on an invalid patent, among other issues".

They also said that Vectura's expert relied on irrelevant evidence. During the infringement analysis, the expert looked at a GSK study, but GSK said that testing involved different formulations of drugs made under different conditions, not the allegedly infringing products.

Apparently the Judge allowed this evidence to stand because Vectura stated that they would be able to prove that the tested product were representative of the ones that were involved in the alleged infringement. But GSK say that that proof was never shown.

They then repeated their claim that the Vectura patent was invalid, but went on to dispute how much of the value of the Ellipta range could be tied to the Vectura invention, a point that one might think is irrelevant if they want to maintain that they didn't infringe any patents.

The report does not give any conclusion, merely stating that neither side were available for comment. So presumably, the next thing will be for the Judge to consider GSK's request and then report back to the court.

[best1467] 14/6/2019 21:51

While it’s extremely difficult to be positive about this share price the chart does appear do signal a move towards 90p

[polaris] 13/6/2019 18:31

boadicea - factor of 10 out there. 25 trading days for 6.6M is more like 250-270k per day. That is a large chunk of daily trading. Volumes have been up again over the last 5 or so trading days (1M plus) and so i'm expecting some more holding announcements in the next few weeks.

[base7] 13/6/2019 17:22

HBM May well have been selling again today with view to the volume & number of apparent sells

[boadicea] 12/6/2019 14:30

Between their last two announcements, HBM appear to have sold at an average of about 30k shares a day, i.e. ~6.6M shares in ~5 weeks. Without counting accurately this would seem to involve them in something like of 5 - 10% of market volume, always on the sell side. Enough imo to have a significant restraining effect but not severely depressive unless deliberately manipulated to produce that effect (timing, auctions etc).
If they are taking advantage of the recent slight elevation of interest their next holdings declaration might not be far away.

[kolosos] 11/6/2019 22:27

we have traded 13m shares since HBM's last update

Given their last announcement they had 33m shares

If they are involved in most trades, they wont be around for long.....

[polaris] 11/6/2019 12:54

Lots of action today in the 80-81 area that might just signify that 80 is the new trading floor. Someone has some meaty orders in.