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Ascendis Health Ltd. – JSE:ASC


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#21 Billions

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Posted 01 February 2022 - 03:26 PM

Either today still or latest tomorrow morning. They have 24 hours once deal agreed to and signed for presentation.... so if signed last night then sens can come today or tomorrow.. a few hours as long as the can is not kicked again
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#22 Africa1962

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Posted 01 February 2022 - 11:37 AM

Hope the bulk of market looks at ty vs ly... so h1 will or should look good... lol

 

where the 31Jan notification/sens


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#23 Billions

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Posted 28 January 2022 - 10:51 AM

Hope the bulk of market looks at ty vs ly... so h1 will or should look good... lol
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#24 Investment novice

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Posted 27 January 2022 - 07:12 PM

I agree the focus of Ascendis has become a fight between shareholders and management. When last did someone actually look at the company for what it is. I for one am interested to see if all this noise has negatively effected the H1 results.



I suspect staff management and teams wanting to jump ship. Locked in with retention bonuses.H1 may be a complete shocker and write off. Cfo is acting ceo and may be too busy with holdings and lender transaction.
Fortunately each of the business has their own mds amd fds. H1 is a concern. Lender sens due and trading update in feb
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#25 Billions

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Posted 26 January 2022 - 04:39 AM

Yeah its dragging out and the tin keeps getting kicked down the road.. I am lucky to be in the green still..... Last sens insinuated sale of whatever non core assets means and surpluss cash to run the remaining assets... not sure what will be left... this deal will be presented anytime in next few days.... so i will await this.. if the can is kicked further down i am out... next set of results will be after deal is cut... so hoping for a fair deal pr fairish and a small pump to get out... to much opportunity cost on this one...
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#26 Billions

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Posted 26 January 2022 - 04:38 AM

Yeah its dragging out and the tin keeps getting kicked down the road.. I am lucky to be in the green still..... Last sens insinuated sale of whatever non core assets means and surpluss cash to run the remaining assets... not sure what will be left... this deal will be presented anytime in next few days.... so i will await this.. if the can is kicked further down i am out... next set of results will be after deal is cut... so hoping for a fair deal pr fairish and a small pump to get out... to much opportunity cost on this one...
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#27 David-89

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Posted 25 January 2022 - 01:23 PM

It must have affected the companies performance. Can you just imagine the employees (irrespective of position held in the company - excluding the so called "management") morale working for this company. If their morale is low so too will be there performance as you will not even be sure if you will have job by the end of each month. Cannot be good for anyone....

As much as I want to believe in this story of hope and change, I am slowly losing faith in this one and really considering just taking the loss and move on.


Likewise, if I sell today I’ll lose 30k but if I don’t I may lose more tomorrow
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#28 JR7800

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Posted 25 January 2022 - 01:20 PM

I agree the focus of Ascendis has become a fight between shareholders and management. When last did someone actually look at the company for what it is. I for one am interested to see if all this noise has negatively effected the H1 results.

It must have affected the companies performance. Can you just imagine the employees (irrespective of position held in the company - excluding the so called "management") morale working for this company. If their morale is low so too will be there performance as you will not even be sure if you will have job by the end of each month. Cannot be good for anyone....

 

As much as I want to believe in this story of hope and change, I am slowly losing faith in this one and really considering just taking the loss and move on.


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#29 David-89

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Posted 25 January 2022 - 01:08 PM

would ne nice if someone could explain in laymen's terms what is going on
Is this company running on autopilot?
Who is giving guidance to the actual running of the company...kpi's, sales target etc,as it seems the Exco is locked in a boardroom fighting with shareholders


I agree the focus of Ascendis has become a fight between shareholders and management. When last did someone actually look at the company for what it is. I for one am interested to see if all this noise has negatively effected the H1 results.
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#30 Africa1962

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Posted 25 January 2022 - 01:05 PM

Looks like this one is going only one way......

 

would ne nice if someone could explain in laymen's terms what is going on

Is this company running on autopilot?

Who is giving guidance to the actual running of the company...kpi's, sales target etc,as it seems the Exco is locked in a boardroom fighting with shareholders


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#31 JR7800

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Posted 25 January 2022 - 12:56 PM

Looks like this one is going only one way......


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#32 Investment novice

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Posted 25 January 2022 - 06:43 AM

We will send out full comms later but the following challenges are at hand which we will sort out including workaround options for admin headaches. ASC team meeting high level

1. We not happy as a team. Asc situation is not pleasant and the debt quantum; spending behaviour of previous board and exec; agm debarcle; costs of placement etc erodes shareholder value. Money we don't have.

2. We want full disclosure on relationships between Gary and Apex and Apex involvement already before the 29th.

3. Voting pool expires and needs to be redone. And Harry is also locked in by lenders in closed period. We will provide a solution this week.

4. Lack of governance and deal oversight. Harry we trust but alone he cannot outvote the board. The complete lack of disregard for my request now is a No Go. If this is not finalised today we have to consider this is a hung board which will act not in shareholders best interest.

Headline items I captured. Our meeting did not transpire. Its comms discussions between the Asc team and we actively working to ensure all risks are controlled for.



Sorry should read asc shareholder activists team meeting
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#33 Investment novice

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Posted 25 January 2022 - 06:39 AM

We will send out full comms later but the following challenges are at hand which we will sort out including workaround options for admin headaches. ASC team meeting high level

1. We not happy as a team. Asc situation is not pleasant and the debt quantum; spending behaviour of previous board and exec; agm debarcle; costs of placement etc erodes shareholder value. Money we don't have.

2. We want full disclosure on relationships between Gary and Apex and Apex involvement already before the 29th.

3. Voting pool expires and needs to be redone. And Harry is also locked in by lenders in closed period. We will provide a solution this week.

4. Lack of governance and deal oversight. Harry we trust but alone he cannot outvote the board. The complete lack of disregard for my request now is a No Go. If this is not finalised today we have to consider this is a hung board which will act not in shareholders best interest.

Headline items I captured. Our meeting did not transpire. Its comms discussions between the Asc team and we actively working to ensure all risks are controlled for.
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#34 Tolly12

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Posted 22 January 2022 - 04:53 PM

Agreed. Have pretty much given up on the Ascendis group on there. The other groups are far less spammy.



Me too. Absolutely better to be informed just trough official SENS.
Wait for January the 31th news about lender agreement to cancel the debt.
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#35 Sleepwa123

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Posted 22 January 2022 - 12:25 PM

Agreed. Have pretty much given up on the Ascendis group on there. The other groups are far less spammy.
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#36 Africa1962

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Posted 22 January 2022 - 11:14 AM

i am not sure how anyone follows anything constructive on Discord

 

Lots of discussions on discord between 2 shareholder groupings.
One having 25% plus and newly formed.
The activists Dec holding was at 30% but should be less.
No idea if the lenders screw shareholders and we end in shareholders dissent

https://discord.gg/R5jXKk2e


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#37 Investment novice

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Posted 21 January 2022 - 11:52 AM

Lots of discussions on discord between 2 shareholder groupings.
One having 25% plus and newly formed.
The activists Dec holding was at 30% but should be less.
No idea if the lenders screw shareholders and we end in shareholders dissent

https://discord.gg/R5jXKk2e
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#38 David-89

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Posted 18 January 2022 - 03:07 PM

Andi, are you still in this share? Please do share your thoughts. I am still in with around 150k shares, managed to flog some at B/E a few weeks ago, now just waiting to break even again. I am a bit sick of this roller coaster ride to be honest.


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#39 Investment novice

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Posted 17 January 2022 - 08:08 AM

Well... i waited for this sens and while it has some positive vague notes its a bit dissapointing.... another 2 weeks to get nitty gritty... hopefully we will get a fair or fairish deal... time will tell.. dont think we are going to see a strong pump over next weeks still uncertainty on what shareholders will own in the end


Agree. A second draft round of recap. Info is scant or vague.
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#40 Billions

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Posted 13 January 2022 - 04:35 PM

Well... i waited for this sens and while it has some positive vague notes its a bit dissapointing.... another 2 weeks to get nitty gritty... hopefully we will get a fair or fairish deal... time will tell.. dont think we are going to see a strong pump over next weeks still uncertainty on what shareholders will own in the end
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