spankaroo
10 Mar 2017
Re: Investor presentation and Update, 6 ... I'm somewhat surprised Bracknor didn't do a conversion today. I would have through it would have sold quite a few yesterday. Perhaps Monday
pedred
10 Mar 2017
Re: Investor presentation and Update, 6 ... Familiar AIM story I'm afraid, esp with techie shares - a good product potentially but very badly managed.What especially put me off AVO was management's over-eagerness to appoint advisers / directors, usually with unjustified remuneration.
Kenj2
07 Mar 2017
Re: Investor presentation and Update, 6 ... "Low Debt & Good cash reserves. This company seems like it's geared itself well for a prolonged period of limited cash-flow."Are you having a laugh Oxtrader?There are very good reasons why this share is cheap.This company is so desperate for cash, that they trying to force through a loan deal with a last resort lender, who have a reputation for trashing the share price wherever they invest.AVO are two to three years behind their target date of 2016 for producing a working prototype. So it is not limited cash flow, it is likely to be zero cash flow for all of that time. After all you cannot sell what you cannot produce.Their forward orders have been cancelled due to the failure to give a delivery date, and the company have lied to and misled their shareholders repeatedly. I would advise extreme caution with this stock. There are far safer places to put your money than this.
Oxtrader
07 Mar 2017
Re: Investor presentation and Update, 6 ... Just because share price is crashing doesn't mean the Company will go bankrupt. Just an extremely unattractive investment for the short & medium term. This has risen to a top faller today, which caught my eye on the Homepage - but having a quick look at the fundamentals - Low Debt & Good cash reserves. This company seems like it's geared itself well for a prolonged period of limited cash-flow.
paul1945
07 Mar 2017
Re: Further Presentation this afternoon ! Oh No! just realised !
Dubliner2
07 Mar 2017
Further Presentation this afternoon ! and then ?????
paul1945
07 Mar 2017
director buying Why was there big buying?
Kenj2
07 Mar 2017
Re: Investor presentation and Update, 6 Marc... 5haggy,I am not sure there is any hope for the company.To explain, I have copied below a post that I put on the LSE board last night."Early milestones met to ensure the delivery of the first system in 2016"That quote was from the 2014 Half Yearly Report.Today the company says:"the first LIGHT system is expected to be capable of treating superficial tumours in Q3 2018."So in 18 months time they still will not have a fully working prototype (only one that can treat near surface tumours). And Harley Street has been pushed a long way into the future as well.Even if they can actually achieve the current goals, where is the cash to come from to keep the company running for the next 3 years, before they can actually sell any machines? The fact that they had to borrow from Bracknor, implies that no one else will touch them with a barge pole.The Bracknor loan will not keep the company afloat for very long, and is also likely to seriously depress the sp. The product / idea is great, but the technology is taking far too long to get from the drawing board and into production. And without some serious new funding, time is something that AVO do not have. IMO AVO are going to need a miracle just to survive.
5haggy
07 Mar 2017
Investor presentation and Update, 6 March Well, yesterday's RNS went down like a lead balloon - SP down 25% this morning!What did the bean-counters see in this RNS that was so bad?Is there any hope for this company?
spankaroo
23 Feb 2017
Death spiral finance Obviously Bracknor has yet to get started forward selling, but when it does I wouldn't want to be in this one. Only saving grace is how is it going to sell so many into so little volume. One for the brave
Kenj2
09 Feb 2017
Re: DIR. BUYS Priceless!Dr Plowman has been rewarded for flouting stock market rules by being appointed a as full Non-Executive Director.
Kenj2
08 Feb 2017
Re: DIR. BUYS Directors buys are very positive for a company, but why was this one announced a full 8 months after the event?AVO have history in this, back in November they announced that Lord Evans had sold all his shares sometime between 1 month to 2 months earlier. This occurred during a closed period according to Tom Winnifrith, and a few days later Lord Evans fell on his sword.Corporate governance does not seem to be a strong point with the board of AVO.
paul1945
08 Feb 2017
DIR. BUYS Dr. N Plowman holds. 2.63m 3.6%
fish lips
07 Feb 2017
Re: Pathetic ! I have spoken to AVO and it was an interesting call.I urge anyone to speak to them as they will try and answer your concerns.I understand that it is disappointing, but if you don't make a statement that you will make the appropriate action, then everyone will say why don't you threaten them with legal action. Damned if you do and damned if you don't.Interesting that you believe Sinophi's statement about, "As a result, Sinophi does not expect there to be any progress with the four Framework Agreements with Chinese hospitals signed in 2015 to use and install Advanced Oncotherapy LIGHT proton therapy machines until such time as Advanced Oncotherapy has a working prototype capable of commercialization. As this is a new technology, still in the research and development stage, we are unable to predict when this will be achieved." The road map that AVO published in 2015 has always been adhered to and we have been kept abreast of progress. Harley street and the plans for that are still on track and we've been promised a more detailed plan in March/April, I can't remember the exact wording we had in December but 100days was mentioned.Sinophi obviously wanted out and only they know why. I'm still confident of AVO and will top up again in April when my ISA allows.GLA
Kenj2
06 Feb 2017
Re: Pathetic ! The reason that I used the term weasel words was due to this ludicrous statement:"Advanced Oncotherapy is firmly of the view that Sinophi has no legal basis on which to make this termination and will take appropriate action to protect its position."This deal was dead in early November. It was obvious at the time Sinophi would not be able to proceed without the hospitals concerned, that Sinophi were too small to be sued, and that AVO did not have the funds to do so anyway.Yet on the 24th Jan AVO issue the above RNS with the implied threat to sue; as I said pathetic.And no I would not want them to waste money suing Sinophi. What I would like them to do is to cut out the BS and be a lot more honest with their news releases.
