Yourgene Health Share Discussion Threads

[melton john] 30/11/2022 13:26

Major, this share has certainly had some scrutiny and nobody has come up with any evidence to back up insinuations that something is wrong here. Lots of sniping with comments which don't even merit a response but serve to sow seeds of doubt that "somebody must know something".
The above inane words "Less than 50% against 600% that’s just the fall from 12p" are a good example. WTF is that all about, nothing can fall more than 100%. In any case the AXX index is an average of all AIM companies and some will do better and some worse. My inference from the comparison would be that Ygen was over valued at the start.
Scrutinise away everyone but lets have some facts or at the very least opinion from someone with some credibility.

[major courtenay] 30/11/2022 12:32

Melton, I appreciate your views and research. I have recently topped up myself. But the fact remains we could be wrong. If any share merits some pretty close scrutiny, surely it’s one that has fallen nearly 90% in a year? There are no guarantees on the stock market.

[melton john] 30/11/2022 08:45

Best, just frustrated by those who hang around like a bad smell because they have lost some money. That's the stock market ladies. It's funny you two have come back because the price has levelled out, are you getting paid to talk it down.

[best1467] 30/11/2022 07:30

Less than 50% against 600% that’s just the fall from 12p which is a similar time frame.
Hope this doesn’t spoil your mood /Day I know your slightly temperamental at times

[best1467] 30/11/2022 07:22

Melton yGEN as massively unperformed that Index

[twix386] 29/11/2022 22:54

didn't pan out then did it as we approach the end of 2022 at tuppence!!

[melton john] 29/11/2022 22:13

Do you have a link to anything shareable from them.

[columbarius] 29/11/2022 18:27

Singer named this as one of their twelve best ideas for 2022…

[melton john] 25/11/2022 11:45

A slow market day, US closed yesterday, black friday today so no lead from US last night. All trades at 2.2p are buys not sells. 2.075p to sell.

[melton john] 25/11/2022 09:22

As I'm in a patient mood today, can I politely suggest that this might be the answer to your fears. On the subject of fear, that's how the market works. Cycling between greed and fear. We've all sqirrelled away shares in the good time and now the market wants to push down prices to start the next up phase whenever. Helped by the so called smart money baling out early and the rest following the trend driven by fear. This chart is the AIM AXX market index.

free stock charts from uk.advfn.com

[birdie12] 25/11/2022 07:32

They do also say they can manage finances by discretionary spending. But its clear there is something that has tanked the share price it seems. TW scaremongering does not help either. Then again that's something he does for a living.

[birdie12] 25/11/2022 07:25

In the presentation a few months ago LR says they don't need any more cash, just need to execute on the many growth levers they have. They do mention margins are squeezed since then though. If a placing is sought you usually find a few feelgood rns occur to bump the sp, this hasn't happened.

[best1467] 25/11/2022 07:21

I’m aware of the growth potential going forward but the issue is will the current balance sheet allow this to happen without a further cash injection.
That’s the major issue I fear

[best1467] 25/11/2022 07:16

My Agenda is exactly the same as yours to make money on my investment from a rising share price.
I’m hoping it’s not the case here but the sustained dramatic drop in the valuation usually means the city knows of a potential issue. My guess is they have approached feelers out for a equity raise some time ago at say 10p and it’s been knocked back hence the dramatic drop

[melton john] 24/11/2022 22:47

I assume this is the section of the statement on which you base your analysis.
"It is particularly pleasing that the core business has shown improved momentum in such difficult macroeconomic conditions. Whilst margins have been impacted by the current external environment, we are continuing to reshape the business and are evaluating the best ways to manage costs without constraining future growth where possible"
It's a pity that you summarised it so negatively and didn't comment on the dozen or so more positive parts of the statement to give some perspective. You are proving that you aren't a threat to Paul Scott or Maynard Paton when it comes to stock analysis. You added nothing of value only trying to serve your own agenda, whatever that might be.

[best1467] 24/11/2022 14:20

LR might have been promoting a negative outlook regarding Margins and Macro issues in the Latest RNs that I amazingly managed to vaguely understand .Frustrated by the valuation I no he’s previously hinted at the bemused market response to the company but having purchased at 7p a number of months ago I’m surprised we’ve not seen any further director dealings at least we may see some momentum on the back of

[apad] 24/11/2022 10:06

I pretty much agree with that MJ.
Yesterday's Graham Neary podcast contained a critique of BOO that he presented at Mello. It was all about past examples of management acting in their own and family interests. My view of this in the past was that Kamani built the company from nothing to a world player and that you had to be a chancer/wheelerdealer/barrowboy to do that. Staid corporate governance would not have been able to do that.
LR is a salesman and YGEN is selling a remarkably accurate NIPT worldwide, despite covid..... A scientist would not have been able to do that.
It's not in Kamani or LR's interests for the companies to crash and burn and I reckon they have exactly the right characteristics to survive and thrive if it is at all possible.
Gulp 😊
apad

[melton john] 24/11/2022 08:54

Thanks birdie12 I'm trying my best to lift the tone of this thread to one of positivity for the future. A future which I, and I'm not alone, see as bright. Being a wet blanket and posting past criticisms repeatedly will not help the cause of selling this company to other investors. I'm not 100% up to speed with MHC, like others I had things happening that took my eye off the ball but if Rees could have done better is all water under the bridge, lets move on eh. I read recently that investors sell shares for a vast variety of reasons, they buy for only one reason and thats because they think the price will go up. Everyone seems to say YGEN is undervalued so lets drop the looking through the rear view mirror and look forward.

[apad] 23/11/2022 20:27

Understood, twix.
But the management negotiated covid, that would have finished the company if they had not pivoted. Gorra be a brownie point 😊

apad

[twix386] 23/11/2022 18:26

Ngendo we believe in the company?Believe in the products. Not so much management, or are we 50p yet?

[melton john] 23/11/2022 14:18

Well said, some might see my posts as a pump and dump. I will no doubt sell some but I'm looking at double figures, preferably over 20p.

[ngen yap] 23/11/2022 13:58

I think the question we should ask ourselves are:- do we believe in the company and its product and services, and sector they are playing in? Some people made comparison to Vialogy. That was an unproven tech and pre-revenue. YGEN not only has revenue in excess of £21m, is growing, boasts a portfolio of major names as clients and a disruptive tech just launched, it just recorded record revenue of £37m through pivoting to Covid ie validating its execution / delivery capabilities.- do we think the company is worth more than £17m, as a going concern or even in distress?I personally think even in distress, this company is worth more than £17m with its IP, footprint / installed base of labs and client relationships. I do NOT think the company is in distress. So, you know where I am going with it.- why is share price so low and effectively been walked down since March?I don't know this one. Perhaps a forced exit in one of or a group of shareholders. Whatever the reason, that too will pass.Therefore, so long you are happy with points 1 and 2, then this is a ridiculously cheap entry point. All the best.

[melton john] 23/11/2022 13:54

Hi Major, please read my post 2739 and tell me where I'm going wrong about warning signs I might have missed. Apologies if this isn't you but so many people "invested" while prices were going up and you could make money following others without any research or understanding of what companies did. The hiccup that was Covid testing, which helped the company, probably attracted quite a few more who knew even less about the core business and its future possibilities. A few outside events like Ukraine have made a lot of people panic sell or they have used stop loss limits. Much bigger companies have suffered large falls, who wants to buy when the sky is about to fall in. Now is the time to re-assess and look for any missed bargains.
Regarding your suggestion, we will have to agree to differ. The market gets it wrong sometimes and that's an opportunity, management getting the business execution right will correct the share price when the market wakes up. The fact that no comment has been made by the board means there is nothing else to report. If you don't trust them then sell up and move on. I am not giving advice, not qualified, just saying what I see.

[major courtenay] 23/11/2022 12:07

I’m not quite in Melton’s league, but there was a modest top up this week. If it does go Kaput, we’ll ask ourselves what the hell we were doing buying when all the warning signs were there; and if it bounces back massively we’ll kick ourselves fir not being braver.

I do think there should be a legally binding requirement for plc’s to have to make an announcement should their share price decline so much within a set period. It would stop this sort of thing happening unnecessarily.