75 grand's worth sold today even though directors have been buying (albeit quite pitifully). What do people make of this general situation? ignore the director's buys because they show no real commitment or take hope from the frequency of their buys over the last couple of weeks?
It's a broker recommendation. The date attached (17 May 2007) is surprising.
They don't name the broker and there's no comparable information on other sites which carry such things: Yahoo, Hemscott, DigitalLook.
So it could be an error - I hope not.
realised that my not be very helpful, just look up sagentia in their search engine and you will find a small 'broker consensus' section alongside the price. Obviously, it wouldnt be too prudent to give more than negligible stock to that free anonymous information
I guess the worrying thing is that looking in their most recent report, it seems things got better then got worse rather than vice versa as one might have hoped, so they're not exactly building momentum. It makes it a bit more difficult to imagine that a new broom has succeeded in brushing out the cobwebs. What do think of their level of debt?
I'm thinking to hold on to this stock for now. They have recently stepped up a marketing gear (or two) and certainly appear much more active. Press releases are more regular, their website is more frequently updated and they make more credible appearances in trade journals. They seem much more vibrant now. I'm prepared to take the risk, and to wait to see if this translates to bottom line performance.
The fact that the recent FY results (showing a slip into loss after a promising HY) had no impact on the share price (I was expecting a fall) is encouraging. Whether the IP/Consultancy side will ever make a profit is a question, of course, but some of the investee companies (esp. Sphere Med) look very interesting.
Though this company had quite an interesting business model when I bought in but now I am not so sure after continually unimpressive performance. Just wondering what people's sentiments were for the future, may just cut my losses and try and find a company with a much clearer direction?
My view of the technical consulting business is that it's never been busier than it is at the moment (well, not in the last 4-5 years), so maybe they'll be better than the share price currently reflects?
I'd like to think that the fall has been overdone. Their Q1 results are due out in the next week or two, and it will be interesting to see whether the recovery into profitability has continued, or whether there is tangible cause for the recent declines.
I was encouraged by the director buying this week, the news from SGAI seems all positive, and Sphere seems to be continuing to make good progress. Admittedly CMR has lost some of its value recently (just after I topped up, of course...), but this will have had only a very minor impact of Generics' NAV.
So, let's see what comes out, but on the face of it I'm hopeful for a recovery from these levels (market conditions allowing).
Hmmm. Wondering if this is a buying opportunity. I don't thing anything has really changed so it could be a time to top up while the markets are a bit depressed. Anyone know anything? When do we expect the next results?
If anyone knows what's caused the drop, they're not saying anything anywhere I've looked. However, the Q1 results for 2004 were published on 20 May last year, so I guess we'll be finding out whether there's any substance behind this sudden fall pretty soon.
I think that the term "recovery" is not applicable, yet - the price has been bumping around this level for a while. For a company of this type, you'd want to see a lot more before claiming that any kind of recovery was underway.
Only comment I have seen was in the business section of last sundays Sunday Times sharewatch.Less than enthusiastic.
Personally still mulling finals and rights issue info.As many negatives as positives.
I suppose it boils down to your view if the next two years will be better managed than the last three years from a shareholder point of view.They have survived only by having the cashpile raised at IPO.Will they do the same with the new money.
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