Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I sold my 15000 this morning for a loss. I have really small confidence at this stage with AEZS in terms of 'timings' but I believe still fundamentally, I will get back at this again. AEZS has the worst timing ever. ATM + Global Economy is the worst combination ever too. Recovery across the boards won't be back probably till July.
Disclaimer: was at 15000 @ .71
I hate to admit this but it seems the entire market will drop like a brick. Thanks to JP Morgans losses + europe fears + poor economic data and confidence in multiple countries. All of my holdings in the past few days are all dropping like a brick! :/
This is inevitable from the beginning. That's still 6 months away. Nonetheless, its still unacceptable whats going on. Its not an excuse to be topsy turvy with the current withstanding.
Also if you noticed the drop later in the arvo, the entire market shrank at the same time. My watch list all went negative all at the same time
However, we know the market is going 'bearish' again, any non-hyped good news would be great.
I see the issue now. They may have projected 9M under the assumption they will get 'line of credit' to store the gas.
From PR:
Ah I see what it is now.
Now I'll be waiting for the Line of Credit
The storage is slightly 'BS' for me but you know how UBRG works. You speculate the PR then you see it in the Q's or the K's. I can't see why they can't release an 8K.
FTAA where in 10K? I can't find any of that.
OLD DATA thus now irrelevant.
Reference: http://ih.advfn.com/p.php?pid=nmona&article=52284165
"We will re-negotiate our existing supplier agreements to purchase gas in larger quantities at lower purchase costs. This should drive our costs down, and potentially increase our profit margin to as much as to $0.25 per mcf (MMBtu) on gas sales on our futures contracts and from the new profit centers. The profit margins on gas sales on the weekly and daily 'Spot Market' is significantly higher, by as much $1.00 to $5.00 or more in the winter months than the margins on the NYMEX futures market," says Vince M. Guest."
Again 'Storage' you should factor this:
They did NOT purchase this storage. They have a 'CONTRACT'. Look at the Graph the NAT GAS is so much higher a year ago (last may)
Beats me. But whats this gotta do with the 'calculation' by Krysti?
Err. that's no brainer. So it is assumed numbers. I would've done the same thing.
If you want to 'guesstimate' it 'right-ish' based on recent 'development' which is an 'agreeable' assumption:
1- Storage
2- mmbtu costs as per spot prices
Nonetheless, no matter how much you assume. You will never get it right. The details of the sales were not clearly disclosed contract per contract (IMHO). So the poker card in the table is the 'National Storage'.
Where did you get the cost of sales? assumption?
Thanks for the dividend but seriously. Another chill in the making?
GET THAT OUT FIRST UBRG! For crying out loud! GEEZ
TIMELY Q'S and K's
ENOUGH WITH ALWAYS FORWARD LOOKING never happen PR's! SHEESH
NO 8K is NONE SENSE PR IMHO.
I Agree with you
Yup. Same here.
They need 'competent' advisors at this stage to move forward or perhaps they do have some however not disclosed. Admittedly, I really agree with the patent design. I'm flabbergasted what happened and I was looking forward for the application. I really do believe it will work much more than NFC.
LOSSES are the parts of a DEVELOPMENTAL company. Accounting 101.
Revenue first before profit. In my experience and currently working in an extremely agressive early stage company. The company i work for have not made any profit yet (Almost 3 years) however revenue is up yearly, losses is up yearly. However the company have a CLEAR and DEFINED strategy to present to its majority shareholders.
Cite an early stage company that DID NOT made any losses at their early stage. ALL EARS here.
Jmo.
Thats no bariner. What if they're
On time
No chill
Reduced cost of sales
Then theres no speculation.
I'm curious what are you waiting for S-1? or the update on the SEC investigation?
They can't pass the S-1 until they have a Lawyer to approve it though.
interesting, even on a thin day. ATM was definitely a bummer. We just need some catalyst to bring this up especially mentioned from the conference call.
I believe the ATM was the culprit that brought these levels down to the brink. The same fate I've seen with ZLCS. To be honest I was anticipating a huge drop. 20%-25% again but the CC is better "I" expected.
Turn key would be some announcements on Peri w/ Yakult to revert all these negativity surrounds Peri also they are confident from what they 'will' learn from the detailed data on the Peri + CC failure.
I'll go through the CC again when I get home. It made me wide awake when I was listening to it really forgot to write down the notes. From memory (I'll correct myself if I'm wrong). There will be quite a few happening by the end of this month.
To be honest. ATM was the WORST timing ever but lets be honest. too. They wouldn'tve known that Peri with CC wouldn't meet the end point. Or perhaps the ATM was the 'Plan B'???
Plan B: If Peri + CC fail, at least we got some money for the others and by that time, the other pipelines. We would get collabs?
I don't know whats the process in Japan but that might appear anytime soon for Peri + CC.
I actually nearly sold everything at a loss for 25% but I decided to hold after what I heard in the CC this morning. Especially:
- Cash burn rate is controlled (2.5-2.6$M/mo)
- Able to finance Peri with MM
- Higher revenue from Cetrocide (I didn't expect this)
- There were some interest with AEZS-130 and AEZS-108 but they weren't clear as it will be forward looking.
- ATM finished as of yesterday. So hurray!
It would be get things better IMHO when they have a collaborator with the rest of the items in the pipelines to reduce the further the cash burn rate and certainty financially.
Full data on the Peri on CC is on ASCO.
Would be really nice to find out any preliminary results on Peri w/ Yakult.
AEZS is so quiet. We're currently in flip coin situation till shareholders meeting. I'm skeptical that AEZS would go up prior to conference as there's been a complete closed doors/lip shut for a month. General sentiments is still negative as there seems to be no fail over mechanism in place for if Peri failed. However, that the consensus at the moment since there's zero or none indication so far that AEZS will come back from the dead.
I'm currently considering loading up a bit this Monday and take some losses on Wednesday, that's the world of investing. R/S may seem possible but that's TOO SOON to assume.
Sure is dead here. Lost a bit but oh well. No choice but to hold it since its just as dead as it is anyway.
Same. I'm holding.
Hi dave,
I would to hear your thoughts on AEZS, you were again spot on that it wasn't bottom last time. I should've taken the .10c profit when it reached .80c range. Would love to see your 15 minute charts.
where? UBRG? wouldn't that be a bit of contradiction?
normal volume and short selling suddenly increased? whats cooking?
http://otcshortreport.com/vper
interesting number of short selling:
http://www.otcshortreport.com/UBRG
Revenue before profit. I used procera because in the past, they were just revenue making machine. Same as UBRG. Anyway, I would like to see an independent member of the board like Krysti suggested.
Quite frankly, I'm not a big fan of these 'common stock' issuance now. It seems quite never ending, IMHO (See 10Q/K's for the past 2 years) although it has slowed down significantly. I'd like to see MORE transparency on why and who are we paying. Would be nice to let us know ahead because EITHER WAY. They have to disclose.
I'd like to see the reduction of cost of sales, I'm not sure why its almost the same as retail anyway. Whats the strategy there? Its been two years, we have BIG number of contracts (still vague on that one, no details, nothing to compute ahead).
What happened again to Progas and Whitesburg? Show us some more detail! More NUMBERS, REAL NUMBERS.
No, RS is NOT always bad. If its used right for e.g. not getting delisted then it is bad. Look for procera networks as an example that RS is NOT always bad. They RS to move to AMEX. They were cents before but not anymore
UBRG and its Coal mining.
Well to be honest, I too not so happy with the Coal mine we've just purchased (not 100% stake for new comers) however, I have came to realize that its in fact a good thing.
Natural Gas has dropped significantly. Imagine if we don't have any other means of revenue. UBRG pretty much will be in a limbo near term:
Judging from the graph, the Natural gas is no way going to go up in 6 months time.
So now, I do agree with the Coal mining
Oil: Going up again
Coal: Is on a steady rise
Would seriously love to find out more about those oil fields! Now is the great time!
its interesting how the interest is actually growing in UBRG land. THere's lots of ID's here I've never seen before in comparison last year.
I must admit, the 10K last year was abysmal. Took many many many months and many many stupid excuses. Remember the days of
"Next week, next few days?" Ohhh.. the gory days of UBRG10KQ Syndrome.
.68 at Pre-market. Sigh, I just missed the cheapies opportunity! :/
You know that's extremely strong allegations without substantial evidence especially this is a very public place to pursue these accusations?
Nonetheless, I have not seen any Form 4 for any 'sell of' by principal people w/ in UBRG however, judging from what you've just posted. Your're implying that they 'sell of' via 'on behalf of'. However that's still extremely strong accusations.
I think the point here is that the financials are vague on UBRG.
* All honesty, I can't even predict their 'contracts' as its not clearly stipulated on the financials if they were all long term or short term?
* Progas, what happened on that one? How many oil again? How much interest does UBRG have?
* Coal, who and where are we selling it too? How much? Contract details?
After almost a year being here in UBRG land, that's common questions that should be addressed by UBRG. I cannot evaluate for valuations with out proper numbers or data.
Until we have a 'means' or 'ways' to calculate whats ahead. From today and going forward the numbers ahead are going to be speculative as the valuation is going to be based on whats already happened and in an investor point of view, investing is based on 'whats going to happen'. Really need numbers and more level of clarity.
PS. Still holding. 220,000 @ .05xx
Oh was it just 256? Dumb paints!