Two new broker notes out last week on this one -

Collins Stewart gives a target valuation for the combined entity of 26 million or 156p per share

Edison Investments embedded valuation is 31m - Indicating a 100% gain in share price from current levels. They suggest that using the current embedded valuation model, the current value of Angles six non-exited ventures is only 5.5m - suggesting Angle to be SIGNIFICANTLY UNDERVALUED

Have a look

interesting

Resistance 2 103.2
Resistance 1 70.67

relatively low volume shares in circulation

I'm same as you mitzy. Just watching from the sidelines, but seems to be trading momentum causing the bounces now and dangerous territory, imo.

agreed hc - i have ducked out of my second day trade here at break even - not looking so good at all now - the other main worry is that these are mainly small trades against a relatively low voulme - hence quick swings - i dont want to be on the one going in the wrong direction - hope you are having a good day s and otherwise

Well done

cheers - rrl / rmp going well!!

gibby

Looking at the chart and times you are sugesting buying and selling, I am reaching the conclusion there are saying a few porkies.
As I told you yesterday, day trading does not work in this share, as eventualy one finishes paying more than the last sell.

If really true you did the first trade then the second, you did pay well up on the selling earlier and you finished on panicking and selling at a loss on the second trade. ( buying was around or over 70p ) and can see you are very carefull on no saying prices )


re - gibby - 30 Sep 2011 12:14 - 103 of 110
had a quick day trade myself here earlier today - easy cash - hope others did also

gibby - 30 Sep 2011 13:00 - 105 of 110
lol in for another day trade i must be bonkers - seeking 80p! yeeeehaaaaa!!! then out 75p will do!!!

gibby - 30 Sep 2011 13:46 - 108 of 110
agreed hc - i have ducked out of my second day trade here at break even

Ugh.......same old cr*p! Concentrate on your own trades and get a life.

HARRY have you lost you CAT?

There is one round the corner full of your SHEET

better feed ( it ) properly

( it ) is not a pussy

MMs keeping it on a large spread so sellers can not get a good price, and buyers paying through the nose

macho i wont gratify that with a comment exceot you do not know either the time or qty of my trades - you only know the time i wrote on this bb about them

anyhow the next sp rns likely here is the games platform geometrics enlighten with parsortix further off i am reliably informed - remember so far parsortix only appears to do what is hoped as opposed to actually does - when the euphoria dies down here i might buy some to keep - no more day trades here for me - too volatile on small t/o against mainly low value pi qtys - iis will bide their time as i will now

gibby

I have been on the business too long and much the same on the BB's, to know what people do. ( you just said it ...... i wont gratify that )

An I did notice others saying it much the same line...........

" I bought yesterday", or yes today was well up from the start. ( spending all day on the boards and saying it next day ) makes me laugh, when people believe their own porkies.

If you want to be serious or any one to believe you, say it when it happens otherwise keep it to yourself is my motto.

close, only managed to get 75% profit on less than 4 days

Looking like a good'un this one.....

I'm a bit of a latecomer in this but it seems to have some woooshh in it...steady rise every day...

Up again with it's daily rise....

Flying this morning....shares mag tip yesterday....

Some sort of nobel prize has been awarded to a company director...bravo !....

Hefty profit taking today....luckily I did so yesterday.....

SMALL CAPS FOCUS: Sum of its parts could make ANGLE a good investmentBy Ian Lyall, Proactive Investors

Last updated at 2:57 PM on 7th November 2011

Comments (0) Share ANGLE is the longest established of the intellectual property groups quoted on the London market, and its share price rocketed recently when the group revealed one of its companies successfully tested a device that could change forever the way cancer is treated and monitored.

However there is more to ANGLE than just Parsortix, the firm hoping for that medical breakthrough. It has two other leading investments, while there is a potential payout from a third which is currently the subject of a bitter legal wrangle.

Founded in 1994, ANGLE listed a decade later. Unlike other intellectual property groups, ANGLE does not invest in other peoples businesses.

Break through: Parsortix's device promises huge improvement in the way chemotherapy is administered

Instead it founds, owns, operates and invests in its own businesses from the ground up.
Chief executive Andrew Newland says this enables the company to build stronger, more robust businesses with a lower failure rate and risk profile than traditional investor models.

Parsortix (90 per cent owned by ANGLE)

The jewel in the crown of the business, it has come up with a small, devilishly simple separation device that has the potential to capture and characterise cancer cells in the bloodstream.

This of course has all sorts of ramifications for the way the disease is treated and monitored.

For a start it may be possible using the device to determine which treatments are working, and which are not. Now this promises a huge improvement in the way chemotherapy is administered.

The device also has the potential to monitor patients in remission, and to pick up early signs of the return of the cancer, ahead of the patient experiencing any symptoms. The earlier the treatment, the greater the likelihood the patient will survive. Furthermore, it may be possible to develop a simple blood test to provide routine screening of healthy people to check for early signs of cancer ahead of any symptoms.

This is a step on from the existing means of identifying circulating cancer cells, where tests are specific to each cancer type.

'We think ours has a much more universal application - hopefully to all solid tumours,' says Newland.

The potential clinical market is conservatively estimated by the company to be worth around $4billion annually in the United States alone.

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SMALL CAP MOVERS: AIM boosted by positive events in broader market

Novocellus (82 per cent holding)

Its EmbryoSure selection system has the potential to revolutionise in-vitro fertilisation.

'We believe EmbryoSure will identify with 95 per cent confidence which one of the embryos is likely to be a top quartile embryo,' says Newland.

Currently there is no such means of identifying the best eggs. Novocellus reckons EmbryoSure has the potential to increase pregnancy rates by a quarter and possibly by as much as 40 per cent.

If EmbryoSure reduces the number of cycles of IVF required to get pregnant, the overall IVF cost will fall. And having a way of spotting 'top quartile' eggs would aid the transition to single embryo transfer, which the healthcare system is pushing for.

'We believe there is going to be a regulatory drive behind our product,' Newland adds.

Geomerics (33 per cent holding)

According to commentators the Electronic Arts shoot em up Battlefield 3 could knock current PlayStation and X-Box number one Call of Duty off its perch.

For Geomerics it is a huge opportunity to showcase its Enlighten middleware, and turn it into the industry standard for top quality computer games' lighting and graphics.

'We are nearly at the stage where the sales income not only covers the operating costs we have been at that level for a while but also the development costs and overheads,' says Newland.

It has a 2.3million development deal with a large, but unnamed technology company.

Acolyte Biomedica

The very first company ANGLE set up, the business was sold to the American giant 3M in 2007 in a deal brokered by Porton Capital, Acolytes biggest shareholder at exit. Porton is currently locked in a court battle over proceeds still owed. If successful then it paves the way for ANGLE to claim back up to 4.7million.

What the City Says
The share price, currently 80.5p, is nearly double the last documented price target from Collins Stewart and is closing in on the 119p valuation placed on the stock by Merchant Securities.

'We have been encouraged by updates on several of its venture companies, including Geomerics and Parsortix,' said Merchant analyst Navid Malik in a note to clients. We see calendar 2012 as a key year, which could show the signs of significant delivery on commercial deals and progress within a number of the subsidiary businesses.


Read more: http://www.thisismoney.co.uk/money/markets/article-2058566/SMALL-CAPS-FOCUS-Sum-parts-make-ANGLE-good-investment.html#ixzz1d40IIOE9

Nice rise on the back of this latest announcement!!



For immediate release


11 November 2011




ANGLE plc ("the Company")



Parsortix Update



VALIDATION FOR PROSTATE CANCER





ANGLE plc (AIM : AGL) is delighted to announce that Parsortix Inc ("Parsortix"), its 90% owned portfolio company which specialises in medical diagnostics has achieved another important milestone by confirming that its cell separation device can capture prostate cancer cells.



ANGLE has previously established that its Parsortix separation technology can capture breast cancer cells added to blood. New experiments have now shown that the Parsortix separation technology works equally well with cultured prostate cancer cells added to blood.



This new validation is an important step towards demonstrating that, unlike existing antibody affinity based technology, the Parsortix separation technology works well with any solid tumour cancers without the need for modification.



The Parsortix separation technology offers the potential for a CTC (circulating tumour cell) isolation, capture and characterisation device, for:

early detection of cancer;

monitoring of cancer patients during treatment; and

post-treatment monitoring of cancer patients in remission.





ANGLE Founder and Chief Executive, Andrew Newland, commented:

"The successful capture and identification of prostate cancer cells added to blood further substantiates the potential for the Parsortix separation technology to become a market-leading product, which is simple, effective and affordable."







For further information:






ANGLE plc


01483 685830




Andrew Newland, Chief Executive

Ian Griffiths, Finance Director










Cenkos Securities

Stephen Keys, Adrian Hargrave (Nominated adviser)

Andy Roberts (Sales)




020 7397 8900




Buchanan

Lisa Baderoon




020 7466 5000




Scott Harris

Stephen Scott, James O'Shaughnessy, Harry Dee


0207 653 0030