Revised valuation? 3 months ago, we were wondering if the sp could reach £40-45 by the year end! There are another 45 days before the year end and we have already seen £52! What are the estimated, revised year end valuations from others on this B.B? PS: on a day when the sp has peaked to its highest value, hardly any messages here!
Re: £50 I have been trying to buy another 200, since 8 am.No success. Even small buy order for 25 shares isnt going through.On other hand, my stock broker has just offered sell price of £50.42 for my shares.
Re: £50 unfortunately!I continue to buy - another 1000 shares this month
£50 The sp has hit £50 this morning. Its the price offered to sell.
Re: NASDAQ Volume etc There we go, just hit 5000p!
Re: NASDAQ Volume etc sporty, I only say unfortunately because I continue to buy and currently it's a little expensive, although will still appear a bargain when I look back again in another 10 yearsI generally post the same posting on LSE and ADVFN as well as here
Re: NASDAQ Volume etc Thanks for the update.I like this ....unfortunately, we will be £50 today.... . I believe you post interesting messages on few other websites HCM bulletin boards. If feasible, can you paste the same here, as well?
NASDAQ Volume etc Vol / Avg. 323,341.00/86,111.00 final NASDAQ numbers for Tues 15th NovThere was a large amount of buying on NASDAQ, possibly prompted by the CEO's appearance on CNBC???It certainly looks as if the Company's profile is being raised as more people and specialist investors take on board what the incredible prospects are....If you consider we have just had a huge fundraising, far more than is needed for short to medium term pipeline development I believe some kind of mega deal is on the cards. Pure speculation but I think the Company's profile is about to be raised significantly!Unfortunately we will be £50 today which is not helping in my continual quest to build a large stake in the Company!I continue to buy.
CNBC Update today Our CEO on CNBC today[link]
Re: Good demand? 1. Majority Shareholder HHHL buying most of the new shares2. Institutions taking up over-allotment option 3. Chairman multiple buys over the last 6 months4. Director buysAll the above events are great signs of what is to come
Good demand? Nice to watch HCM shares being bought this morning at £48.25. Appears there's good demand even at this price.
Re: ADS Offering Now we know that.............."underwriters of its underwritten public offering of American Depositary Shares ("ADSs" on the Nasdaq Global Select Market, previously announced by Chi-Med on October 24, 2017 and October 25, 2017 (the "Offering", have given notice to Chi-Med that they are exercising, in full, their over-allotment option. The underwriters have elected to purchase an additional 1,483,018 ADSs at the Offering price of US$26.50 per ADS, raising approximately an additional US$39.3 million in gross proceeds for the Company and bringing the total gross proceeds of the Offering to approximately US$301.3 million."Probably for the same reason the Chairman has been buying - because they know that over the next 5 years or so this Company will become very large with an mcap of at least $20bn based on forecast sales and earnings numbers, underpinned by the huge late stage pipelineThis will be circa £250 per share by 2025 IMO
Re: ADS Offering the critical point for me is that HHHL, our majority owner, is taking up the majority of this $262mThat is probably a key why NASDAQ loves this placingThey also know the Company's late stage pipeline is worth billions, and this cash will push some more of the candidates over the finish line.That said, the CEO has said earlier in the year that 2 or 3 material things are being worked onAnother deal like the recent Celgene-Beigene one is my guess
Re: ADS Offering Nice to see this ticking up. I am surprised that the take up was so quick,and also the price was good enough for people to speculate.So now there is no worry of funding drying out and a lot of products in the pipeline,with multinationals partnerships.Sounds good to me.Even Cautious Investors chronicle says buy.
Re: ADS Offering Don't think so. The enthusiasm to acquire equity in HCM is so great that the successful fund raise and issuance of new equity has driven the price up further.I suspect that we are now part of the general US hype for the tech/biotech sector though, so a general sell off might be painful. Could open a nice buying opportunity though.Jim