Acambis PLC Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.4143011 http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4143011&action=detail Fri, 01 Aug 2008 20:32:00 GMT tag:iii.co.uk,2003:tst.4143010
Will post more when I have read the docs. ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4143010&action=detail Fri, 01 Aug 2008 20:31:00 GMT tag:iii.co.uk,2003:tst.4142503
Sulo ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4142503&action=detail Fri, 01 Aug 2008 14:53:00 GMT tag:iii.co.uk,2003:tst.4142250 I am not sure of the exact terms i.e. will existing shareholders receive Sanofi shares in excvhange for their shares or will they have the option to receive cash.
But assuming the registrars have your correct address then you will in due course be receiving something. I'm sure someone will post on here when they get the formal offer document through the post and then if you haven't received that you can contact the registrars.
Sit tight for now.



]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4142250&action=detail Fri, 01 Aug 2008 13:08:00 GMT tag:iii.co.uk,2003:tst.4141526
Apologies to the pro's out there.

Sulo ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4141526&action=detail Fri, 01 Aug 2008 08:10:00 GMT tag:iii.co.uk,2003:tst.4137277 http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4137277&action=detail Tue, 29 Jul 2008 16:29:00 GMT tag:iii.co.uk,2003:tst.4137218
I have been unhappy for some time about the strength and integrity of management (oddly enough more so the non execs, who seem to be very powerful, than the team of 3 execs) and I think the risks of everything not going according to plan were significant whilst the present lot were in charge. I have come not to believe almost everything the company says and it would seem quite a lot of others feel the same, which is why the shares never held onto any increase following apparently good news. It takes a long time to come back from letting the market down as badly as it did with the MVA3000 and Bavarian Nordic nonsense. I wouldn't trust the US CDC an inch either and it seems to me all the eggs were in one basket with the ACAM2000 conract.

I will wait for the 190p a share and put some more money into blinkx (a quite exciting spin off from Autonomy) if the price stays below 30p. Goodbye biotechs and good riddance I say. They are a sure fire way to throw money away. Wish I had realised this earlier.

Sadly we won't get a counter bid because of the agreements already entered into with Sanofi. A stitch up indeed but at least we get something worthwhile.

IMO/DYOR ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4137218&action=detail Tue, 29 Jul 2008 15:46:00 GMT tag:iii.co.uk,2003:tst.4136996
"The irrevocables from Invesco and Goldman Sachs would cease to be binding if another party offered a higher price. The Directors' irrevocables are hard irrevocables."

Hope this helps!

(Apologies for duplicate but the title wa smissing and I thought it quite important!) ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4136996&action=detail Tue, 29 Jul 2008 13:38:00 GMT tag:iii.co.uk,2003:tst.4136961
"The irrevocables from Invesco and Goldman Sachs would cease to be binding if another party offered a higher price. The Directors' irrevocables are hard irrevocables."

Hope this helps! ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4136961&action=detail Tue, 29 Jul 2008 13:22:00 GMT tag:iii.co.uk,2003:tst.4136774 The point eagle makes is - how many birds were there in the bush? we will probably never know as this looks to be sewn up pretty tightly. The vaccines in development had HUGE potential
but the risks were also there i.e. failure in trials (less likely for vaccines but still possible), competitiors with similar vaccines, the US government changing their mind on the contract - they shouldn't but I wouldn't trust them an inch.

Personally I will take this and run. At the same time as thinking we probably should have done better.
I have had my fill of bio stocks which have headed south despite having significant potential and am determined to stear clear of the sector in the future.
Is everyone holding on for the extra few pence to 190? or are some of you guys getting out now in case it all falls in?

Good luck to all.
]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4136774&action=detail Tue, 29 Jul 2008 11:44:00 GMT tag:iii.co.uk,2003:tst.4136659 "I am out of the bio sector for good. It is a waste of time and riddled with badness. "

I don't disagree with you, so you should be delighted that there is an opportunity to cash in your chips at a price well north of where it was going to get to in the near future. I can only imagine what virtually everyone else in the biotech sector would give to be presented with an early Christmas present such as this...... ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4136659&action=detail Tue, 29 Jul 2008 10:35:00 GMT tag:iii.co.uk,2003:tst.4135876 http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4135876&action=detail Mon, 28 Jul 2008 18:29:00 GMT tag:iii.co.uk,2003:tst.4135534
The shareholders have been presented with a fait accompli, when we have consistently been told by various analysts that the fair value of the shares is closer to 200p than 150p. We have also been told more than once (by Fellner I believe and maybe Garland) that Acambis is committed to going it alone, because that is where the true value for shareholders lies. If the recent announcements are to be believed, there is a contract in place with the US CDC that guarantees the company's future and in the meantime (ie until the revenue from it starts to flow) picks up half the overhead costs of running the business. Why sell now then?

We were told the results of the phase 2 clinical trials of the West Nile vaccine would be made known by mid 2008. What is the betting the results are positive? Garland said in the conference call on Friday that they had not been made known to Sanofi. Really? Sanofi is due to pay up to another $80m in milestones on this one and I don't know how much on the JE vaccine, on top of the $10m up front payents in each already made. Funny it shouldn't know how the trials are progressing.

Thus, Sanofi picks up a company that has $100m+ in cash, is apparently guaranteed a minimum of $425m (up to $660m) in revenue from 2010 onwards, has half its overheads paid until this income comes in and it avoids the need to pay up to $80m by the time the West Nile vaccine gets licensed - and all for $540m. The C Diff, flu and herpes vaccines seem to have been effectively thrown in for nothing

No wonder Fellner says it makes sense for Sanofi. But does it make sense for Acambis shareholders, if Fellner and the other directors have been telling the truth? Why would they recommend selling now (I know some of the directors will do well out of their options) just as it seems the company is poised on the threshold of success. No reasons that make sense to me have been put forward so far.

Looks as if the directors (Fellner in particular) are about as good at negotiating deals as they are at everything else. As I have said, I will be glad to see the back of this one - even if I have held the shares a long time - some for about 10 years - and I am not in overall profit.

Good riddance to these directors - particularly the chairman - I hope I never encounter their like again. I am out of the bio sector for good. It is a waste of time and riddled with badness. I am surprised Vernalis hasn't bounced a tenth of a penny to closer to 5p on Acambis's news. That's another of Fellner's charges and was trading at over 60p until his strategy took full effect (if what I read is correct).

IMO/DYOR

]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4135534&action=detail Mon, 28 Jul 2008 14:43:00 GMT tag:iii.co.uk,2003:tst.4134138
That is going to look like a good buy in a few years time. There is a company in America - ticker Siga - who might prove interesting competitor but very very risky.

I guess I need to think about buying some shares while there is still some Bio left!

I am annoyed. ]]> http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4134138&action=detail Sat, 26 Jul 2008 18:09:00 GMT tag:iii.co.uk,2003:tst.4134068 http://www.iii.co.uk/investment/detail?code=cotn:ACM.L&display=discussion&id=4134068&action=detail Sat, 26 Jul 2008 13:46:00 GMT