Anybody else out there interested in these?

2002 Results are due in April, and they are expected to show a maiden profit.
Last week I opened a small speculative long (spreadbet), but I am looking to add to this position a lot more if we get any sort of resolution over Iraq crisis before the results which should spark a broad market rally from which SKP could really benefit and have a strong run-up.

DYOR etc.


Here is a recent research note from Merrill Lynch (they estimate 0.25p EPS for 2002):


Merrill Lynch FlashNote

7 February 2003

SkyePharma

Newsflow Set To Continue BUY

Reason for Report: Company Update

EPS (Dec): 2001A -1.19p; 2002E 0.25p; 2003E 2.13p
P/E (Dec): 2001A NM; 2002E 180.0x; 2003E 21.1x

Michael Ashton, CEO SkyePharma, gave an upbeat and informative presentation today.

Depomorphine appears on track for US submission in June 03. The two pivotal trials (hip and lower abdominal surgery) have been concluded. To date, the results appear encouraging. Management believe that safety (eg respiratory depression and nausea) is not an issue for the drug.The company is also conducting an additional trial in C section patients which is completing enrollment and should be included in the European submission for Depomorphine later this year. We expect the pivotal trial data for Depomorphine to be presented at the American Society of Clinical Anaesthesiologists in October 2003.

Paxil CR continues to grow (accounting for c.26% of total Paxil scrips in the US). 50% of these Paxil CR scrips are repeat and Paxil CR accounts for c.7% of the total SSRI antidepressant market in the US. Paxil CR is already filed for pre-menstrual dysphoria disorder (PMDD). However, GSK also plans to submit the intermittent treatment of PMDD later this year.

SKP also confirmed that Quintiles plans to present new data for Solaraze at the American Society of Dermatology in March. SKP believes that Solaraze is making in-roads into the actinic keratosis market and appears to be taking market share from Ephedrex (5-FU). Clinical trials in Australia are on track, with SKP planning to submit Solaraze to the Australian regulatory authorities in 2004 (second largest market opportunity after the US).

Enzon has already started to market DepoCyt in the US and SKP expects to see wider usage of the drug by key oncologists in the next few months. Phase IV studies for the neoplastic meningitis indication are on track, with an FDA Advisory Committee meeting (ODAC) scheduled next month.

Overall, we expect the newsflow for SKP to continue and reiterate our BUY recommendation with a price objective of 80p (based on applying the speciality pharma multiple to our 06E EPS of 14p and discounting back agressively at 30% p.a.). Risks to the stock include the general risk of drug development delay and product approval failure.

This is not a good share to be involved in and you may well be in for some bad news shortly. My advice is to sell up ASAP!!!

Care to share any more info or just going to post a blatant deramp?

BPL

Just checked to validate youre type of post and came across this on the ramper/deramper thread:



Kivver - 15 May'05 - 10:54 - 35 of 35


Watch out for pro/informer/mrsmoneypenny/wa145te/bradpittlookalike and lots of other names, buzz lightyear/helen/informtionboard/ etc on other sites. He hasn't the guts or bottle to stick to one name and loves talking to himself (sad man). Last warning i have nothing else to say about this poster he is well and truly squelched!!


So im guessing your short rather than meaning well to help us all out.

So whats the bad news?

Forward pipeline
Recent institutional buying
Current buying at 54p which the price is being held at
The announcement of the flutiform deal
something else????

BPL

i see you post as "Manintheknow" across the way - never trust someone who cant post under the same name on different forums is my experience

Fund - yes I spotted the similarity as well. Why do people bother?

Anyway, HL's Penny Share Prophet has SKP as a buy (27/5/5) - not much to say but concludes "while there is no market consensus on current year profits, we think Skyepharma looks better than it has for some time".

brad pitt lookalike - you're a prat. Why waste your time dealing all this negativity? If you are entering the thread in good faith, as is suggested by your "helpful" comment for others to watch out for impending bad news, why not act in good faith and explain what that news is? And if you don't have any news and you're just a sad lonely individual (brad pitt lookalike - I think not) who feels important by bringing other people down, just don't bother. You're not worth it.

Just to show what a comedian this guy is he has posted the same comment on Pace (PIC) - this afer PIC went up 60% on friday.

He has certainly posted on here and advfn the same statement on SKP and PIC under 4 different aliases in total - there may well be plenty of other threads he has done the same to - Kenmare is certainly one where he has been spouting for ages.

Dont be fooled by the deramping comedian - DYOR and dont be mislead

Well said Fundamentalist.

Why are you so afraid of bad news???
Pull that wool from over your eyes which Kivver and others have put there. This share is a dog with fleas and has never been worth any attention. You should sell now before the bad news hits the fan - or your pocket will feel the pinch!!!

Another day, another alias - not afraid of bad news just get wound up by idiots postings under several aliases with blatant deramps with nothing to back it up

Again, well said Fundamentalist. wa157te - put up (i.e. share this impending news of doom to the benefit of all if you're that concerned about our welfare) or f*ck off.

From the KMR thread:

pro - 29 May'05 - 08:10 - 378 of 378


Why are you so afraid of bad news???
Pull that wool from over your eyes which Kivver and others have put there. This share is a dog with fleas and has never been worth any attention. You should sell now before the bad news hits the fan - or your pocket will feel the pinch!!!

From post 122 on this thread:

wa157te - 29 May'05 - 08:21 - 122 of 124


Why are you so afraid of bad news???
Pull that wool from over your eyes which Kivver and others have put there. This share is a dog with fleas and has never been worth any attention. You should sell now before the bad news hits the fan - or your pocket will feel the pinch!!!

Says it all really.

gav

also try CYH and PIC threads for the same post as well as similar boards on advfn

Can something not be done about this idiot by MoneyAM?

It's no good bleating on about repetitive posting. Do you expect to be able to brush the bad news under your carpet?? Let people know what a bad company this is!!!
Or I will!!!

Queen1

have emailed MAM - balls in their court

Pro - what bad news - as before your statement is completely unjustified

Bye Bye Pro, you've already had a warning and have now outstayed your welcome.

Fundy,

Just read Mr Multinames posts that you point out here and over the road. Funny how the posts are all identical apart from the posters name! I'm sure you would agree with me that if someone has a genuine bear point to make then by all means go ahead and make it. This guy has made no such case that I can see anyway, his posts are garbage. On threads where I post, I would welcome both sides of the case, even if I disagreed with an arguement. I hope MAM will look into this as surely posting under several alias's should not be allowed, whether they are bullish or bearish posts.

gavdfc

AM I believe have already issued a warning to this joker, hopefully Ian will take the correct action on Tuesday morning and remove him and his multiple personalities from the Board. All of his repetitive posts on the AXM thread were removed last week, although he has started the same old crap again.

pth

pth,

Thanks for that. Hopefully Ian can sort this out as posts such as his under various alias's add nothing at all to the site or individual threads. I'm sure we would all agree that the last thing we want is for this site to be dragged down to the quaility of a certain other site.

Cheers

Gav