1645 replies to this topic

[Investment novice]

Think they being evasive around disposal date...mod 2021 target gives sufficient time. We may see the engagement and sens sooner rather than later. I won't be surprised to see a sens within the next few months disclosing discussions with potential suitors. Remedica received significant attention this year.

[Milo]

They are better prepared to sell Remedica. Selling Remedica is what creditors and shareholders' want. Hope there is news about a buyer soon. Would like to see share price at R2.80 before end of year.

[Investment novice]

I was worried looking at the equity value and debt. But somewhat comforted by future exit and growth retaining value and reducing debt.
Certainly worth more than current value.

Was there a question on share price and value. I need to catchup had to pop off

[Shi]

CEO states that listing of European assets are not an option. Some detail of sale of Remedica 

https://twitter.com/...5366144/photo/1

Edited by Shi, 29 September 2020 - 12:04 PM.

[Investment novice]

Impairments and finance costs....else looking solid

[Leadingedge]

Nerves hey

 

Maybe they are quickly finalising a deal to sell Remedica. Okay, let me come back to reality and have another cup of coffee.

[Investment novice]

Nerves hey

[AnbanM]

https://twitter.com/...845545397788673

Thanks Shi...see its scheduled for 11.15 now due to technical delays...

[Shi]

I was also expecting a sens update at 8am....presentation meant to start at 10am

 

https://twitter.com/...845545397788673

[AnbanM]

Shouldn't the AFS been released this morning at 8?

Sent from my SM-G973F using Sharenet Sharechat mobile app

I was also expecting a sens update at 8am....presentation meant to start at 10am

[David-89]

Shouldn't the AFS been released this morning at 8?

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Yes that and a SENS according to the shareholder calendar...

[andi222]

Shouldn't the AFS been released this morning at 8?

Sent from my SM-G973F using Sharenet Sharechat mobile app

[Investment novice]

The big discount is the debt. Remember share price was hammered by c2c margin calls. Hence hold the stock look away dont play it. There is lots of locked in value here.....my opinion at least.
Tomorrow we get to know how much of cash was swept to pay debt...debt will still be high as almost 70 percent of debt is euro i think..

Critical info awaited....but even better look away for a 18 months...or place one a watch list with alerts.....

[Dell]

Fool's opinion, but a clean audit report is the big driver currently...I think.

if we're very very lucky, we might get unqualified...but not sure...?

If the going concern (which seems to be the case) is dependant on the sale of

Remedica, I can't see a clean report...

 

What I don't understand though is on the Dec 2019 unaudited AFS the equity was R 2.2 billion... so the NAV was still positive

then...so if they make a small loss as per sens, why the huge discount in the price?

 

Am I correct in saying that the R 2.2 billion equity divided by 489million shares in issue translates to R 4,60 per share?

 

I understand that shares don't always trade as a function of NAV, but surely this indicates value doesn't it?

[Investment novice]

Yep or just waiting for news.....remember very thin trades....share price not indicative of company value.

[Investment novice]

Yep or just waiting for news.....remember very thin trades....share price not indicative of company value.

[AnbanM]

After a good break been thinking about this share and the reaction since results, also thinking about aspen and other entities.

Firstly comforted that this company has sustainable revenues and these are not corona related only.

Think that the major depressor on results was the heps loss. Everyone wanting to see this company in positive territory. The finance costs are potentially a major issue and perhaps impairments.

The results tuesday will shed light on the detail.

Share price represents the risk in this entity and not at all trading at a decent multiple of 5 to 8x.

50% sale of European assets would bring in at least 200 million usd. Which would annihilate debt and ascendis would then still a significant portion of the asset and foreign based revenues. The share would then recoup some of the lost value when dividends are paid. Based on above expect 30 to 50c dividends by 2022.

If the above is a reality the presentation on Tuesday will ve critical and may already see the share reach r2 on Tuesday. If we really get tangible info we could see massive gains.


If we are directionless expect to be at this price. Which I doubt as m sardi and Co are driving to meet the goals and build on share holder value and i am expecting hoping for them to give the market significant information to start the share price recover..

Your thoughts..... I am really keen on this share and uhhmmmm a few others...

Seems MR Market is not anticipating and great news tomorrow

[Investment novice]

After a good break been thinking about this share and the reaction since results, also thinking about aspen and other entities.

Firstly comforted that this company has sustainable revenues and these are not corona related only.

Think that the major depressor on results was the heps loss. Everyone wanting to see this company in positive territory. The finance costs are potentially a major issue and perhaps impairments.

The results tuesday will shed light on the detail.

Share price represents the risk in this entity and not at all trading at a decent multiple of 5 to 8x.

50% sale of European assets would bring in at least 200 million usd. Which would annihilate debt and ascendis would then still a significant portion of the asset and foreign based revenues. The share would then recoup some of the lost value when dividends are paid. Based on above expect 30 to 50c dividends by 2022.

If the above is a reality the presentation on Tuesday will ve critical and may already see the share reach r2 on Tuesday. If we really get tangible info we could see massive gains.


If we are directionless expect to be at this price. Which I doubt as m sardi and Co are driving to meet the goals and build on share holder value and i am expecting hoping for them to give the market significant information to start the share price recover..

Your thoughts..... I am really keen on this share and uhhmmmm a few others...

[AnbanM]

I am thinking what the hell....lmao with nervousness.
Think Mr market not happy woth the loss per share. Perhaps ?
Be good to get the sens end of month advising how much of debt paid and strategy.....
Until then have a great weekend....I am off to the coast back Tuesday .....be safe allllllll....and don't cry .....not just yet

Safe travels IN....enjoy the seaside and fun...

[Investment novice]

I am thinking what the hell....lmao with nervousness.
Think Mr market not happy woth the loss per share. Perhaps ?
Be good to get the sens end of month advising how much of debt paid and strategy.....
Until then have a great weekend....I am off to the coast back Tuesday .....be safe allllllll....and don't cry .....not just yet