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new name, old faces (HYG)     

hangon - 07 Jun 2006 17:00

Hygea - no they aren't flogging kitchens, it's word- play on the financial act of gearing. I'm guessing, could be letters "...caught on the wind".
Still good to know the old faces have a sense of humour - and it would be nice to know when some of their investments actually are valued closely with their cost.

Some funny business (can I say that, ho-ho?) with Medical Marketing - grief it seems the BVP-Management weren't doing the managing, they were relying on a third party - so presumably both sets of "Management" were being paid out of our investments.

This sort of nonsense has to stop.
Thanfully now, there is only one set of Management to fund, but did investors get the best brains.......sadly the sp tells it all.

hangon - 13 Mar 2009 17:53 - 8 of 8

Two other Octopus VCT's fell lots today - must be the hint of spring!

-not that HYG is under Octopus, but there are some shared links - DYOR.

HYG is not terrible yet today CBF fell through the floor ( this extra bad news will not affect HYG)....seems one of their customers may pull the plug on bulk delivery...
. . . . . . . . . . . . No-one else interested in HYG...?

EDIT (Nov09)- Well, on the face of it, On the UP - (DYOR)- seems the NAV is sugnificantly better and Management is +ve at last.

EDIT (March2010) - DYOR - seems these shares are now traded on Sharecast - need to check this - Plus, they have just paid a dividend ! Wow!
EDIT (2June2010)- 8% drop morning, on zero volume - Eh? . . . . . 53/56p
EDIT (2Jy2010): nice divi - :), - makes up for BP. (divi is ZERO in 2012, although MoneyAM shows c.10% =conserving cash.)
EDIT (13Jan2012)- 44p in a sluggish market . . . sp graph looking like a ski slope.
EDIT(11Oct2012)_been away - and sp is 88p - seems Scancell is very exciting....Let's hope they sell some, take cash...?
EDIT (24Nov2016)- nothing to report, sp 48p, =looks like 2012 again.
EDIT ( 17Dec2017)- sp 43p but there is an upheaval about - seems Management want to hand over to achieve better shareholder value. Often heard, never realised. To do this [ big DYOR ], the shares are to be part-shredded and recycled... and some money raised in the "New VCT" ( er, but this is far from clear IMHO. Seems to me that they have invested in too many early-stagers which need more money that HYG can provide. Also, when the few "Quoteds" rise in price they've not taken profit, so HYG sp has no additional-value, by way of Cash-at-Bank. I get the impression they are stuck in a rut with existing Holdings, hoping for one to rise. This stance-change just might help, but will they do good for LT shareholders...? this was £1 when it started and has been struggling ever since, despite dividends. Oh Deary.
EDIT (22MAy2018)-sp 50p- and a year-long funding looms . . . probably need to read "The Prospectus" but it smells like a Begging-Bowl. Hopefully as "B-Shares" DYOR it will add cash to the company without the obvious dilution for LT shareholders. I understand the problem they believe is they are just too small and haven't been able to attract more capital to invest elsewhere - now that new small Medi-Tech Co's are not being expanded by folk believing any company will be worth £££'s in a few weeks.
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