Venture Life Share Discussion Threads

[apad] 04/8/2017 09:37

FEVR still has the afterburners lit.

Same old same old.
It surges on news and hardly ever drops back much.

I suppose their remarkably lean operation, potential for international sales, and the possibility of a takeover, discourage people from selling.

It better not put a foot wrong!

apad

[felix99] 04/8/2017 09:17

yes think so - they were bidding 40k at 74/75 a day or so back and yesterday

[madmix] 04/8/2017 09:17

FFX - It's worth bearing in mind that £25m at 58p would be 43m new shares issued, vs 103m shares currently. So quite a large fundraising, and therefore the potential for plenty of liquidity if we want to increase our positions.

[madmix] 04/8/2017 09:10

APAD - Agreed re:FFX price. There's a big buyer around right now. (You can sell in size well above the bid price, but struggle to buy many online). Perhaps someone who knows more than us and likes the look of the potential acquisition?

[apad] 04/8/2017 08:58

FFX - I like the fact that existing shareholders are in the mix. So often that's not the case.
I will look for a synergy with the existing business before I decide.
However, I like the style of the (ex merchant banker) CEO so I suspect that much will depend on confidence in the management.
I expect he will use straightforward language to describe the reasons for the acquisition.
I also expect the open offer to be oversubscribed, if there is an opportunity to apply for more than the entitlement, and so there will be some more liquidity, post the exercise, which might create an opportunity to pick up more at a new price floor.
There will also be a publicity effect that might create a lot more interest in the company.
I'm now down to 10% profit, Hydrus, but will hold and am likely to increase.
apad

[madmix] 04/8/2017 08:47

FARN - I read today's RNS as mildly positive, with things ticking along as expected. I guess the market agrees?

[big7ime] 04/8/2017 08:43

My post 12241 recommended selling acso

[hydrus] 04/8/2017 08:33

I'm out for now - I don't like the uncertainty of not knowing anything about the potential deal which is large. A quick 5% profit. Will revisit once there is more information.

[madmix] 04/8/2017 08:29

Hopefully the acquisition is profitable and cash generating. Perhaps they just need the extra £10m to shore up the balance sheet and improve liquidity?

[hydrus] 04/8/2017 08:29

I meant if it will cost them £15m......

[madmix] 04/8/2017 08:26

FFX - Looks like they were forced into making an early announcement before acquisition / placing was rubber stamped. That's thrown cold water on the price rise for the time being, until we know more about the acquisition.

Might give you another opportunity to increase your position though APAD. (I hold a few myself).

[hydrus] 04/8/2017 08:25

I can't recall them talking about acquisitions in the strategy piece in annual results. The price is actually decent if you ignore the last week or so. Not sure why they want to raise £25m though if it's going to cost them £25m.Problem is I don't like acquisitions. Hmmm.

[apad] 04/8/2017 08:18

FFX - possible acquisition with a placing at 58p (including existing shareholders)

apad

[lauders] 04/8/2017 01:28

red: I see there is some hope for NANO! Dow seem to be mentioning their products now and we know they have an agreement with Dow. Perhaps NANO will come good one of these days?



Apad - Please pretend this post does not exist. I know your love of anything Nano or graphene etc.... ;-)

[janeann] 03/8/2017 21:51

well surely you could sell your fevr and buy the company? and if it was a bit pricey there is always arc!

Disappointed in the decline in acso; gone below the recent share issue; attendance may be lower at theme parks etc cos of the weather but surprised if that is the cause. Would like to think it will rebound strongly .....

Added a few spx; no doubt it will fall further tomorrow!

[apad] 03/8/2017 19:37

Rotork results soon.
Having fired the CEO they will let the skeletons out en masse.

SPX weakening as results time comes up fast. I would like for the market to react to some false negative in the first minutes.
Belay that - cycling to the ferry for St. Malo before the market opens.
Maybe weakness the day before?

A sign of intelligence is the ability to hold to contradictory ideas at the same time - but it doesn't help decision making!
I would like to own all of SPX though.

Dither, dither...

apad

[apad] 03/8/2017 14:14

Lauders, I think that big pharma will not look like it does now in 20 years time.
I don't know about US companies, but I view AZN as a dinosaur clinging on to the old times.
I like the AV. story!
apad

[lauders] 03/8/2017 14:05

I have held AV. for over 20 years. Not a huge holding as bought them when they IPO'ed. Dividends over the years have paid back my investment a few times over. Just keep them in the bottom draw and wait for the dividends. Wish I had bought more all those years ago, but when the cut their dividend it really had a negative impact on the share price. I think AV. will be around in another 20 years. ABC, Halma, GSK, AZN too. Not so sure about some of the high flying companies at the moment?

[apad] 03/8/2017 14:00

Hydrus,
You are correct if you are talking about a financial disappointment - even the best of companies might suffer something such.

I'm talking about a business story.
So, M&S used to have a good reputation for quality clothes, but all the cheap clothes became well made and even its middle class women customers found the styles frumpy. This was blindingly obvious for a long time, but the tintins still had the financial story implanted - they don't go shopping.
Back in the day it was obvious to any shopper that Tesco were much better than Sainsbury, but the tintins don't shop so Sainsbury was at a premium for far too long.

ABC is the Amazon of antibodies (I reckon it'll buy BVXP when Harrison opts out, Panic).
If that story changes because of some drug revolution or whatever there will be time to recognise the change. If it has a bad year because of, say, a slashing of the US research budget. So what?

I can write a paragraph on the essence of each company I own, and almost none of that is financial

apad

[hydrus] 03/8/2017 12:58

APAD think I said this before. If the story changes then you will be selling out after the stock has fallen. For example, if say the story changes with BOO it would probably get cut in half in instant. Hard to sell when the story changes in reality.

[big7ime] 03/8/2017 12:53

It's not what it was, no longer a growth co and has drugs running off their protected periods but ok
We don't want just ok

[apad] 03/8/2017 12:40

My wife's Mum had an inheritance which was in trust run by Barclays over many decades. When I found out what their performance had been over the decades I was appalled - it was nigh on fraudulent.
Solved the problem, but much too late.

The dying words of a character from one of Anita Brookner’s
novels: "never sell Glaxo".

Sell when the story changes.

apad

[hydrus] 03/8/2017 12:40

Big - there is no reason why the same can't happen with high quality companies over the next twenty years. Agree that it's difficult now though. Just having direct access to live stock prices, forums and the ability to sell online instantly makes it very hard to just hold.Would it be sensible to have paper certificate holdings in a few very high quality companies with the intention of never selling?