Yourgene Health Share Discussion Threads

[small crow] 18/4/2019 08:38

Life and soul of the party that Dave.

[scotty1] 18/4/2019 08:34

Hi Dave,don't forget to collect your BBM trophy on the way out.

[toyin] 18/4/2019 08:31

Well dont buy then dave, bye bye.

[dave444] 18/4/2019 08:22

More dilution some to buy another entity but the best part of 5 million to keep the lights on!

[scotty1] 18/4/2019 08:10

FFs twix what do you expect 🤔,talk about wood and trees.

[scotty1] 18/4/2019 08:09

Looks up to me.

[twix386] 18/4/2019 08:08

And bounce we do. Still at recent lows

[twix386] 18/4/2019 08:07

Well, initial market move supports my view unfortunately as down. It's probably going to be volatile and well bounce, but the reason for our near term weakness has been obvious!

[timojelly] 18/4/2019 07:42

Onwards and upwards.

[cottoner] 18/4/2019 07:41

Expect further director buys

Barry Hextall and Hayden Jeffreys intend to purchase shares through their SIPPs in the secondary market following completion of the Fundraise. Any investment will be accompanied by the appropriate regulatory announcements in respect of Director share dealings.

[letmepass] 18/4/2019 07:41

Of course its over over subscribed. Its a discount.. Every time...

[scotty1] 18/4/2019 07:39

Yes certainly explains why the share price was being held and not for the reasons i thought but now it's all out the share price should move forwards,also probably explains why LR had a meeting with 11 institutional buyers a few weeks ago,all looks good for the future.

[twix386] 18/4/2019 07:34

Without this I expect we would not have dropped recently and be sitting bearer 15p. It's good and very promising but near term has been a drag on share price pulling us down. I have been clear

[twix386] 18/4/2019 07:30

So, yes I do know.However, I have been clear this is good news, but near term explains the recent share price weakness and can be used by MM's to hammer price further or we may bounce. I have said a lot to digest.

[twix386] 18/4/2019 07:28

Well there was further news explaining after hours rns. Today we have news its all done, which means no open market time between original announcement and completion.

[scotty1] 18/4/2019 07:22

twix you say "Without further news I just see MM's using the dilution plus potential thermo additional dilution to continue suppressing the SP"

some people are never satisfied 😁 in some cases i would agree but it all depends on what the cash raise is used for.In this case it's being used for a excellent and strategic acquisition,plus as a added bonus we are now shot of Finncap,I can now see a uplift in the share price over the coming weeks/month, oh and by the way you should now know with todays RNS of completion why the RNS from y'day were realised after hrs 😉

From todays RNS

Lyn Rees, CEO of Yourgene, commented: "We are delighted with the level of support we have received from both new and existing shareholders for the Fundraising which facilitates the Acquisition. Bringing Elucigene into the Yourgene group creates tremendous commercial and scientific opportunities for both our businesses as we build a leading global footprint within the reproductive health and broader molecular diagnostic sectors."

[twix386] 18/4/2019 07:19

Good news but mixed feelings for the short term with full amount done and 25% dilution before any further Thermo dilution. Overall good news for the future bug no idea if MM's will take advantage near term

[jonnycj] 18/4/2019 07:04

Placing done - oversubscribed

[ngen yap] 17/4/2019 23:53

What a surprising but good news! An astute and strategically fit acquisition. It explains the share price action (or inaction) since trading update, and mooted recent investor roadshow. I won't dwell into why I think this is a superb acquisition, the directors summarised it very well in the rationale section of RNS. Worth a few read.

I will confess to not fully understanding the science behind our business but I do think the numbers are much easier to forecast, given the base we have built and relatively predictable model. I have shared below my expectations for YE19, YE20 and YE21. Pleased to say that the recent trading update validated my YE19 expectations. Who needs Finncapp and Hardman eh?!

Today's news accelerated my target share price of 50p to within 2 years. My expectations for YE20 is now revenue of circa £18m with OP of £2m, and for YE21 revenue to reach £30m with OP of £7m. It's no wonder that Bill Chang, a significant shareholder already and founder of Yourgene, continues to plough significant investment into his holdings. Lynn Rees meanwhile might not have subscribed as much, hold significant options at 10p and 10.25p. Not dissimilar in my view other than timing of investment.

People spoke about futher dilution by Thermo. Yes, new shares but don't forget they have to pay for them. If they do invest, I see that as a strong signal.

Being in bed with 2 of the world leading platform, an expanded geographic footprint (just doubled), expanding product portfolio, growth will be significant.

So happy to be invested. Will continue to hold and add as and when I can. Good luck all.

[twix386] 17/4/2019 22:36

Without further news I just see MM's using the dilution plus potential thermo additional dilution to continue suppressing the share price in the near term. The good news is future loaded, whereas the near term market news is dilution.

[hjb1] 17/4/2019 22:28

yes the dreaded Friday after hours.If there is a relevant reason then fair enough, but still wonder why it couldn't be this or tomorrow morning.

[twix386] 17/4/2019 22:25

Unless the reason becomes obvious by tomorrow then I can't see what is achieved.

[scotty1] 17/4/2019 22:07

hjb you say "also don't like after hours Rns's."
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In some cases i would agree,although it's usually the Friday after hours that are the bad ones.But in this case i believe there is a reason they have done so.

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And before you ask yes i do know as i have asked the question.

[sandcrab2] 17/4/2019 19:20

How much dilution is expected from Thermo?

[hjb1] 17/4/2019 19:10

yes his 'nap' bet for Q1...hmmmm! he gets worse.