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Reuters report on ICX (Hair Multiplication & Research)

posted by Leonard, 01.05.2008, 07:46

Hey Mroiz,

I saw that PJ report too, but didn't bother posting it here because it was so superficial. I'm not sure what your thoughts are on the report, but to me it looks so superficial. I can't believe that the analyst (Julie Simmonds) can get away with producing such a shallow report and then slapping a buy recommendation on it.

For those of you who haven't seen the report, it is simply a regurgitation of the company press releases. It's not worth reading in my opinion.

» Another research excerpt:
»
» ICX-TRC: Data from the hair restoration trial announced today shows that
» ICX-TRC generates hair growth when used in conjuction with stimulation of
» the
» scalp, with increased hair count at 12 weeks in the 5 subjects treated.
» Data from patients without scalp stimulation is less conclusive. Intercytex
» has announced its intention to partner ICX-TRC and not fund further trials
» internally. This strategy focuses Intercytex on its skin portfolio, leaving
» funding for development of these core products.
»
» As for the stock taking a dive today on heavy volume, it looks like
» management sold quite a bit...not a good sign usually.
»
» 24/04/08
»
» Intercytex Group plc
»
» Block listing application
»
» Intercytex Group plc (LSE: ICX) ("Intercytex" or the "Company", the
» leading
» cell therapy company, announces that application has been made to AIM, a
» market of the London Stock Exchange, for a block listing, of 2,000,000
» ordinary shares of 1 pence each.
»
» The application is in respect of shares to be allotted pursuant to the
» exercise of options under the Intercytex Group plc Share Incentive Plan.
»
»
»
»
» However, a hedge fund just bought a large chunk of stock as well. This
» interest might be from one of their other products though:
»
» Intercytex Group plc announced that it has received notification from
» River and Mercantile Asset Management LLP for the interest in 7,446,154
» shares representing 9.38% of the issued share capital of the Company.


Leonard is located in [NA] and he is available to meet: NO

Complete thread:

• Reuters report on ICX - AJ, 30.04.2008, 23:53 (Hair Multiplication & Research)
  • Reuters report on ICX - AJ, 30.04.2008, 23:57
  • Reuters report on ICX - fckhrls, 01.05.2008, 00:14
  • Reuters report on ICX - mroiz, 01.05.2008, 02:12
    • Stock Analysts' Reports Are Useless - hairboy2008, 04.05.2008, 05:56
  • Reuters report on ICX - mroiz, 01.05.2008, 02:28
    • Reuters report on ICX - Leonard, 01.05.2008, 07:46
      • Reuters report on ICX - rooster, 01.05.2008, 11:32
        • Reuters report on ICX - Fillip0, 01.05.2008, 21:58
          • Reuters report on ICX - cal, 02.05.2008, 01:13
            • Reuters report on ICX - Arch Koven, 03.05.2008, 12:01
              • Reuters report on ICX - MPB, 03.05.2008, 12:47
                • Reuters report on ICX - cal, 03.05.2008, 21:32