Vernalis Share Discussion Threads

[vwrich] 27/5/2008 08:35

looks like a breakout.

[in despair sybil] 23/5/2008 18:56

the weekly candlesticks are now showing a trend change too with a bullish engulfing pattern.

IDS

[jweekes] 21/5/2008 00:06

Good post Sybil. Apokyn should be sold soon as the drug needs constant marketing and the US sales team is being wound down I hear. It could achieve upwards of $20M. This one really could be the mythical "ten bagger" when the partnership deals are announced - mind you that only gets us dack to 55p. When risk money comes back to the market who knows where the share price could be. All in my opinion of course.

[in despair sybil] 20/5/2008 18:54

as a holder here's hoping too.

i think it took NTX a few more than 3 days to spike. rose on news and rumours, though i'm glad it did as i held those too.

looking at the daily candlestick, it looks like a piercing pattern may be in play, though i'm not sure if we got volume confirmation. maybe someone else can enlighten me on this.

at current levels i see this as a no-brainer. downside is limited with the recent funding and reorganisation. if the potential sale of apokyn goes through, it could well trigger the start of an overdue rise. the second half of this year will hopefully see partnership deals on a couple of products announced, and we've seen how the share price motors on such announcements in the past. fellner is a very good dealmaker and hopefully he won't dissapoint.

i've added a few more over the pat couple of weeks with my NTX profits, and will be dissapointed if i don't double or treble my investment before the year is out.

no advice intended / DYOR

good luck to all holders

IDS

[latifs100] 20/5/2008 15:56

heres hoping.. ntx rallied from 6p to 25p..in 3 days.. can vernalis do the same

[joeblogg1000] 28/4/2008 00:36

Ima. I have no idea? Only going by what was reported after the last run up and GSachs comments in newspapers.

[imabastard] 25/4/2008 19:52

Joe .... valued BELOW cash now .... who would be looking at a takeover ?

[imabastard] 25/4/2008 14:08

.... love the pricing games ....

[joeblogg1000] 25/4/2008 12:53

This appears to be valued at about cash. I reckon we may see some takeover activity soon now the results are out??

[ezodisy] 25/4/2008 12:47

looks like all buys in today. Hopefully a strong end to the week.

[imabastard] 25/4/2008 10:11

.... and we're off ....

[bountyhunter] 25/4/2008 08:22

"...find a buyer for ts Parkinson's disease drug, Apokyn, and its U.S. operations.
said in February it planned to sell these items and now says it is in
detailed discussions and considers a sale "highly probable".

well if and when that goes ahead could be positive for the share price depending on the price obtained?

[rafieh] 25/4/2008 08:08

The fact that the share price hasn't crashed after announcing the details of the balance sheet and the restructuring plan, tells me that the market has faith in what the management are saying.

[imabastard] 25/4/2008 08:02

.... I wish they wouldn;t all buy at once !

[quraishim] 25/4/2008 07:46

Ims.......You are reading correct in my opinion good recovery from here!!!!
sales increasing to 19.8 million pounds compared to 12.4 million

[imabastard] 25/4/2008 07:43

Q .... Losses halved .... Costs halved .... Revenues up 50% .... have I read it right ?

[quraishim] 25/4/2008 07:34

Peter Fellner, Executive Chairman, Vernalis commented, "I am very pleased that
we have been able to strengthen our balance sheet substantially by utilising our
frovatriptan revenues to raise cash and cancel our debt. This, together with our
recent restructuring, has significantly reinforced our financial position,
enabling us to fund further investment in our pipeline of product candidates. We
are confident that we have now created a platform from which to rebuild
shareholder value in the mid-term".

[imabastard] 24/4/2008 10:02

.... results tomorrow ....

[imabastard] 23/4/2008 16:24

.... you can sell at mid .... do the mm's need the stock ?

[quraishim] 23/4/2008 14:48

oh well mms are playing their game............

[quraishim] 23/4/2008 14:08

joeblogg I have bought 80k, risk is minimum as the secured the finance...disposals or any other positive news will spark this off...the funding guys must have done the due dilligence on this one.

[joeblogg1000] 23/4/2008 14:06

Q. results on Friday. Shareholder value needs to be regained as they keep going on about and lets hope it starts Friday.

[quraishim] 23/4/2008 13:55

agm on friday...financial deal secured, so any disposal this could easily reach 15p plus in my opinion

[quraishim] 23/4/2008 13:37

Good recovery stock at this price piled in with 80k