I have just come across this absolute gem. I don't normally get this excited, but must share it with others. Cobra is the name, listed on Aim and a market cap of 30 million. Just been awarded a US patent for a system that allows people to take previously injected drugs in tablet form. Already profitable was floated off from MLB last year (and given their fundraising today they may regret ever letting this one go).
Collins Stewart are predicting 1.8 million this year and 3.1 million next year, though i can see those numbers being left behind. The company is both exciting and defensive because some of the products that can be taken are against cancer, anthrax and other potentially fatal diseases. (Hoping of course there will never be another terrorist outrage but even then this stock would be one to have onside.) Turnover has doubled in the last twelve months and the potential really is amazing. Biotechs not usually my style but this one is already profitable and i just have to have some in my portfolio.

With respect this thread is about Cobra. Yours sounds too early stage for me Third Eye, meaningful profits may easily be ten years away, if indeed any of their investments come off, Cobra already making money. i look forward to reading your thread on Cherwell if you start one. Good luck with it though.

Cobra or not, it's another biotech to look at, far earlier stage, but for those who do just a little bit of real homework, may be pleasantly surprised.

Yours may be making money, but for that you have to pay a thirty+ fold premium.


Lots more upside in undiscovered tiny Cherwell imo.


More research on UQ where I think you post as Scotland.

cobra im in this one. report in that free newsletter the monday one i think.
good write up there, good pick.

Cheers jockburns, had a business colleague run the eye over this one, likes what he sees. Will be adding to my position. Particularly like the anti-terrorism angle too.Which newsletter?

Rare to see any bio on a prospective p/e of 10 as CBF is!! Lots are in the hundreds, particularly in the US. The potential for the tablet particularly appeals to my needlephobia! (Sure there must be a word for needlephobia!). Reminds me of my Share of year for 2003 Hollis Eden, which rosse 600% at one stage (not saying this will do that!), but stacks more upside here.

Perhaps Mr griffiths on UK-A hasn't heard of Cobra, otherwise why tip Proteome (Proteome: 6 million cash break even 2005 market cap 228 million) instead of Cobra (profitable now, doubled turnover, new patent, 7 million cash, market cap 28 million, same sector).
Crikey Andrew, sure proteome is a fine stock. But i know which I prefer. Gimme Cobra anytime!!

Latest recommendation - last week Evolution Beeson Gregory Ltd 02/03/2004 ADD

Anybody inerested in this stock? any views on current price looks cheap!

Hawick said "I have just come across this absolute gem. I don't normally get this excited"

It was about 150p when you posted hawick, are you excited at the now 30p offer?

TIA.

I told people elsewhere to get out when things started going wrong and it fell to 120p. Admittedly I did not update that suggestion on here, which was remiss, but I did say sell, very clearly, elsewhere. Management let people down very badly.

Just goes to show its a personal thing with thirdeye why else post on this thread, if I or Hawick were to expose the many and I mean many share tips that have gone belly up that Thirdeye as recommended we would have an awfull long list.

I say stop this silly childlike behaviour thirdeye, you are spoling this board.

GF don't worry about it, Third Eye only tends to tell people when to buy. When it comes to advising on his sales he is less diligent it seems. Have you sold Spectrum yet which you advised people to buy on here at 25p (now c13p), or are you still holding, Third Eye?

No blatent lies please hawick. Spectrum was advised to buy @ 12.5p when I bought, & that was another site (Unqouted) nothing to do with Cobra whatsover.

Shouldn't we be talking about cobra on this thread instead of diverting attention?

Gents,

As before, stick to the share and not fellow posters.

Ian

10 Dec'03 - 23:26 - 117 of 194
Well here's another for you Spectrum on Ofex a great recovery stock. Currently circa 20p....well worth checking out

Just for the record Ian, Third Eye said the above to money am readers. Not 25p, (though he must have thought it worth it to advise people to look at 20p, knowing its spread probably at least 21p to buy) but most certainly a lot further from 12.5p. now 13.75p. I note he has finally been banned from unquoted.

Ian I sent you a p-m a couple of weeks ago btw.

Now happy to return thread to Cobra, and accept i should have advised people to sell here when I clearly said sell elsewhere at 120p; (which is what i did).

Harwick,

I will be monitoring this thread from now on.

Ian

What has Spectrum got to do with this thread?

Worth looking at, doesn't say Buy, iyt says Worth looking at.

I bought at 12.5p & a search on Unquoted will verify this.


In fact I rarely say buy anbout any stock, although I have about Britannia up 355% & did about Sion up 300% in the bear market.

Hopefully this thread will now return to Cobra rather than Third Eye?

- this thread is COBRA - Hawick CBF was one you were excited about in Jan04 about 1.20 I think - now some bad news has been received, what is your take and DID you invest in Jan? -

Hangon you clearly have not read the whole thread. I was keen at 140p and said sell at 120p. Britannic have reduced their holding to just under a million. if they want shot of the rest that will continue to create overhang even at this level. Not time to look again and management needs to be shaken up meantime. Profit warning said break even then a loss of 1.8 million got announced.........

A bit of advice hawick, if you want to defend yourself that you said sell, any chance you could actually post it on MoneyAM rather than investors guess to which bulletin board you might have posted it on?









(Same for your rec on Cobra under Scotland on Aimquoted would be useful too btw)