apple
- 25 Mar 2004 20:47
tbrooking66
- 29 Apr 2008 14:49
- 1174 of 1451
Panmure Gordon says buy Dawnay Day Carpathian (LSE: DDC.L - news) (cutting the price target to 100p from 111p) Just Retirement (LSE: JR.L - news) (136p target price), Mears (340p target price), Misys (LSE: MSY.L - news) (166p target price), Oxford Biomedica (LSE: OXB.L - news) (69p target price),
Is this the cause or the reaction of the price rise?
dealerdear
- 29 Apr 2008 14:55
- 1175 of 1451
You never know with analysts ie jumping on the band wagon.
For some time though analysts have tipped OXB to be a lot higher.
SP like many others, struggles to respond.
robstuff
- 04 May 2008 17:13
- 1176 of 1451
don't worry, sp will be over 50p this year IMO
dealerdear
- 06 May 2008 09:27
- 1177 of 1451
Decided to sell and bank a nice profit.
Can't help feeling we could have a small downturn in general market now.
Have got these higher so I guess I'm covered if any offer does materialise.
Toya
- 09 May 2008 08:03
- 1178 of 1451
AGM today - won't be able to make it alas.
Info today:
"LONDON (Thomson Financial) - Oxford Biomedica Plc, the UK gene medicine specialist, says performance from Jan 1 to May 8 this year is in line with management expectations, and sees its full-year sales in the range of 16-19 million pounds, up by about 140 pct compared with last year.
It says it has enough cash to support ongoing operations to the end of 2009, based on planned expenditure and without anticipating further milestone revenue from the collaboration with Sanofi-Aventis over its cancer drug TroVax.
In February this year the company announced that its cash position had been boosted by a 10 million euro TroVax milestone payment from Sanofi-Aventis."
Link to full RNS:
OXB Interim Management Statement
dealerdear
- 09 May 2008 08:35
- 1179 of 1451
Shame this won't do what BLNX has just done. lol
queen1
- 09 May 2008 13:14
- 1180 of 1451
Sales up by 140% is a nice stat :-)
Oakapples142
- 09 May 2008 15:35
- 1181 of 1451
I agree but the market seems to decide otherwise with sells outdoing buys by near 5 to 1 - Lets hope they are being collected for a big buyer. There is often a bit of tree shaking on a Friday
hlyeo98
- 11 Jul 2008 08:08
- 1182 of 1451
A lot of tree-shaking now...
Oxford Biomedica's phase III trial for cancer jab Trovax 'will not meet goals' - AFX
LONDON (Thomson Financial) - Oxford Biomedica Plc's cancer vaccination TroVax will not meet its defined goals in a late stage study for renal cancer, according to a key review board.
While the trial will continue, the Drug Safety Monitoring Board has ruled that there should be no more vaccinations administered.
Chief executive Mike McDonald said: 'This news is clearly disappointing. However, there is good reason to continue the study and potentially a late survival benefit for TroVax may still be demonstrated.'
The drug is being developed in partnership with Sanofi-Aventis SA.
hangon
- 11 Jul 2008 14:29
- 1184 of 1451
Of the two OXB Management is far better and focussed - but this blow may cause some heads to roll, although the progression of Trovax is still on-going. It's not as though OXB is a 1-product shop. It does mean we may see further falls as the trial unwinds. I have bought a few more as this is getting close to the cash-value. OXB bought another Oxford-based research Co abt a year ago and this should provide some additional products to undergo trials etc.etc.
Does anyone know if the US-trials are affected? -
hlyeo98
- 11 Jul 2008 18:16
- 1185 of 1451
Oxford Biomedica, the U.K. biotechnology company that is working with Sanofi-Aventis SA, had a record decline in London trading after saying its TroVax medicine won't meet the target of a kidney cancer study.
Oxford BioMedica fell 11 pence, or 59 percent, to 7.5 pence, giving the company a market value of 40.3 million pounds ($80.2 million). That's the biggest drop since the shares began trading in 1996. The stock has declined 71 percent this year.
hangon
- 12 Jul 2008 01:42
- 1186 of 1451
Yes yes yes, I agree...that you say is fact - it's a nasty move for anyone with a million shares - not I . . . . . yet the Trial is continuing and as the ch Exec says:- ".... there is good reason to continue the study and potentially a late survival benefit for TroVax may still be demonstrated.'..."
Now, "he would say that"- - - springs to mind....yet this Friday RNS is not at all clear as to "why" the Trial is unsatisfactory - - - or "what went wrong", - and presumably we have to await further Data to establish if there is any real Value in Trovax.
I must say I'm very surprised as all earlier Trials indicated that not only was it good, it was ---very good.
Good luck.
I checked FT website and they are still reporting Feb.2008
- ah, happy days when the sp was close to 25p....
Dil
- 12 Jul 2008 01:51
- 1187 of 1451
Its still valued at 40 million quid and no product ???
Bin bag job.
tabasco
- 12 Jul 2008 10:29
- 1188 of 1451
My Bin bag job was April.pure luck!
hangon
- 14 Jul 2008 17:58
- 1189 of 1451
DIL, it is inconceivable that there is zero effect - how did it get to Phase iii?
This fall is still on-going, despite the continuation of TWO separate Trials. This is now trading below Cash, some say.
Let's watch it drop further, eh?
The danger is a Big Pharma will Bid for the Laboratory/Pipeline+ Cash.
mrfrazee
- 07 Aug 2008 12:13
- 1190 of 1451
ok - so now we are down at the bottom end - does anyone have any idea whats going on? can we expect a miracle along with a share price rally?
hangon
- 08 Aug 2008 13:09
- 1191 of 1451
I understand the Trovax data is still being gathered, so no ann. soon.
There is little risk of takeover, this uncertainty -would stop any Due-dilligence in its tracks. . . . . this stock rests on Trovax being better than many may think, everything else is a bonus. Cash for 2-3 years I guess, maybe more.
It was my No 1, as everything looked in place....but then....
Are you a LT holder, . . . + did you go to their last AGM?
nkirkup
- 15 Aug 2008 13:24
- 1192 of 1451
New bid offer from USA today, the board will have to issue another RNS today.
hangon
- 18 Aug 2008 09:14
- 1193 of 1451
The Bid and "improved offer" from GeneThera is from a tiny company that has no chance of taking over OXB. OXB could buy them out ( why not- excellent ploy!) and hardly notice the difference in the OXB cash-pile.
I cannot imagine why GeneThera even considered it, unless they were backed by some finance house.....in which case we'd be told.
It's fanciful, IMHO and just shows that the Market is undervaluing OXB, since the sp (was) about the value of their cash.....shows how devastating a Drug-wobble is....YET - the Trovax Trial continues - make of that what you will, but I'm not conviniced it not still OK ( ie it will be successful). If so then all you punters will rue the day you didn't buy OXB at 5.5 pence for your ISA - let's suppose it reaches 75p - that's nearly a 15-bagger for a modest investment of say 2k......better choose the colour of your next Motor...only joking, we're years away.