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CUV - Clinuvel Pharmaceuticals

Discussion in 'Stocks 0-H' started by Disco Stu, Dec 11, 2006.

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  1. GOYCO

    GOYCO

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    Hi Guys

    This is my first foray into a biotech stock. Recommended by my brother. As I'm a novice in this area my questions may sound stupid but here goes. How long do phase III trials usually last, and how long until the product is accepted if proven safe?

    cheers
     
  2. daaussie

    daaussie

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    Hi, firstly I'd recommend reviewing their website and researching the previous trials yourself. Below is my opinion.
    Well the product has already been tried and tested for a few years already in patients, and in hospitals for many years around the world including Australia. Even my friend who is a GP has reported trials being conducted in South Australian hospitals in patients.
    As the tanning product has passed these toxcity studies already over the years and in patients, it has made it to Phase III on this basis. Only about 5% of companies make it this far, making it very attractive to a full range of new investors (hence the recent price rise).
    Phase III is just really a final trial of the product in many more patients or trialees before it goes live to market, or before a larger pharmaceutical makes an offer to buy or licence it.
    In answer to your other question, the study takes as long as it takes to receive a benefit or for the product to work and not have any toxic side-effects in more patients, so the time taken to report a finding could be anything - 3,6,12,18 months. But i do not expect it to be towards the later part.
    The other important part aside from trials, is Intellectual Property (patent protection). Important to prevent competitors from coming in. They have a full range of patents protecting the tanning product which is also reassuring.

    Right now the price is 95 cents, and tollhurst noal has valued them at $1.48. which is great for any investor.

    Cheers
     
  3. GOYCO

    GOYCO

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    Daaussie

    Thanks for the information. It's very much appreciated. How they $1.48 is arrived at is well beyond me but even blind Freddy can see the potential of this product. The website video was very helpful. Plus I would love to get a tan without going into the sun and I bet a heap of white Pommies would love to as well.

    Well I've buckled up for the ride lets see where it goes

    cheers
     
  4. Go Nuke

    Go Nuke

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    HAHA....Every other one of my stocks takes a dive todaY.....all but this one!! :)

    WOOT!
     
  5. Disco Stu

    Disco Stu

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    This one is still on a steady rise, it got up to $1.20 this morning. The sell depth looks like it is starting to thin out so it will be interesting to see if people are looking to hold for the medium term or next ann. or sell out as the price continues to rise. Should make for an interesting week or two.
     
  6. Go Nuke

    Go Nuke

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    Hey Disco Stu!
    Sometimes i feel like we are the only 2 following this...lol.
    Its doing great!
    Barely even stumbbled during those 2 falls in SP's that we had a short time ago.

    Could this company, possibly be a takover target soon?
    All in all...keep going baby!:whip
     
  7. Go Nuke

    Go Nuke

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    Oh I luv this stock!
    I only have 3 biostocks...This 1, AVX and one more crap one that i dont want mention:(

    I wish i had have bought more shares in CUV......or they would have gone into ACR...both are goign great!:D :D
     
  8. Go Nuke

    Go Nuke

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    wow...this stock has taken a bit of a turn.
    It hit a all time high of $1.40 then turned tail:(

    Probably because of the long time frame to get some results from the Phase 3 trials.:confused:

    MACD is turning down but there is still quite a lot of volume..so I think it will pick up again.

    {Really..I wouldn't have a clue;)}
     
  9. t_hearne

    t_hearne

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    Any Ideas on the Trading Halt?
     
  10. t_hearne

    t_hearne

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    Fund Raising....
     
  11. Go Nuke

    Go Nuke

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    Yeah sounds like fund raising.

    DAM..I just bought AVX rights..Im all outa cash for anymore "fund raising":)
     
  12. Go Nuke

    Go Nuke

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    I have a question {If anyone is looking at CUV}

    In reguards to the Share Purchase Plan which is being offered to me at a price of $1.07/share.....ah..why on earth would I pay that when I could easily go online now and purchase them for less?????

    I mean its only a $30 brokerage fee Im gaining from buying them direct from Clinuvel.
    Am I missing something here??

    Thx
    GN.

    :microwave
     
  13. kooka873

    kooka873

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    Hi daasie,

    Have had this one a couple of times, sure wish I brought in at 6c many years ago. The company is working hard. The magic year of 2008 is not far away for those who have held this stock for some time.

    Good to see stock holding. New shares are being offered at $1.07, current price of $1.025 is cheep by comparision. Hopefully they have enough funds now to get to 2008 without further dilution of SP/more shares being offered.

    ANZ holding almost 30% of this stock (or they did when last reviewed).

    Kooka
     
  14. Go Nuke

    Go Nuke

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    ANZ seem to have their hands in EVERYTHING! {Or so Ive noticed}

    Im hopeing that the ann of further phase 3 trials will help keep the share price from drifting down too far.

    I believe the EPP phase 3 trials are to begin this year as well as three phase 2 trials.
     
  15. kooka873

    kooka873

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    Hi Go Nuke,

    The stock attracts a lot of hype & short term investors.
    Its a good stock to have.

    Whilst I'm not a technical chart analyst, I would honesty not be surprised to see the stock fall to the 60 - 70c mark (my guess), given chart announcement history & where they are at the moment in trials, it is disappointing at seeing where the SP is, but given the time period before the end of trials & the fact that no dividends are being paid - it will probably take many regular significant positiive announcements to keep the price up.

    My holding is CUV has been in the RED more times than it's been in the black, but this biotech co. appears to have solid foundations so far.

    Question is: What sort of SP figure are we likely to see for CUV in a few years time? Guess at $1.50???????

    Kooka
     
  16. kooka873

    kooka873

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    Truth is, I'd like it to go way beyond $5, was erring on the extremely conservative side with the lame $1.50 mark

    Kooka
     
  17. Go Nuke

    Go Nuke

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    Is this stock a prime example of a stock to sell short?

    I know very very little about shorting...but I'd guess that is whats been happening here.

    People seem to have made their money on the announcements, now we have to wait for quite awile for any results so people have put there mulla elsewhere.
     
  18. ianablue

    ianablue

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    No company announcement and up to 40% increase in sp and increase in volume today. Is there ann iminent?
     
  19. jama_kj

    jama_kj

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    not sure about whether one is expected but from the looks of it there must either be an expectation or insider trading. looks good on a down day
     
  20. daaussie

    daaussie

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    judging from previous history and all, CUV was recommended by a broker as valued at $ 1.44 (or thereabouts) last year, following this announcement, it went from 40cents to $1.29 or so. The size of the trades were about similar to those made yesterday and this morning.

    This is indicative of a broker with several large clients. Yesterday and today's buying pattern on a very bad and deflated ASX seems to indicate that perhaps there is no ann but just that this stock has been recommended again as a buy by the same (or another) broker?

    Just a guess as I did invest last time and came out winning...
     

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