Simply click below to discover how you can take advantage of this. Synairgen (LSE:SNG) shares have surged to new highs in July. Today they plunged a little. If you are thinking of buying them, here’s what you need to know. Synairgen share price surgeSynairgen is a micro-cap drug discovery company founded in 2003 with a strong focus on respiratory diseases. On 20 July, management announced positive results from the company’s Phase II drug trial for SNG001. This drug is used in treating Covid-19 patients. According to the firm’s news release, SNG001 is effective in preventing coronavirus patients from requiring ventilation. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…All that sounds very good. This news even led to the stock surging by 420% in a single session. But quite recently the stock plunged by 20% as a result of profit taking.As my colleague Rachael FitzGerald-Finch pointed out, there the company has challenges in monetising the drug. First, the effective Phase II trial doesn’t automatically mean Phase III trials will be successful. It’s usually a long way to go. Secondly, Synairgen probably doesn’t have the expertise to market and sell the drug effectively on its own. What’s more, the market for Covid-19 drugs seems to be really competitive right now.But there are other stumbling blocks for Synairgen shares in my opinion. I’d like to look at the accounting fundamentals here.Synairgen fundamentalsIt’s always worth checking the accounting fundamentals before investing in any company. This is especially true of micro-caps, which tend to be riskier than larger companies.Here’s an extract of Synairgen’s annual 2019 report. Source: SynairgenTo start with, the company’s shares were heavily diluted through a £14m equity issue. That was obviously bad for the company’s existing shareholders. What’s more, 2019 was a loss-making year for the company. The loss totalled £4.82m versus the £4.13m reported in 2018. On top of that, the cash balance plunged from £5.33m in 2018 to £4.82m in 2019. In order to get an even clearer picture, I checked the company’s balance sheet. Well, the equity (assets minus liabilities) fell from £6.03m to £2.25m. So, overall it looks like the company’s affairs got much worse in 2019. This is significant. Investing in companies with a history of improving financials is essential for minimising the risks. This doesn’t seem to be the case here. As I mentioned above, the company quite recently announced positive drug trial news. This let to investors getting overly excited about the Synairgen shares. In turn, this made them look too expensive. Very well, I can understand paying a high price for a bright future. But is it so bright? Apart from my colleague’s concerns, I’d also add that their drugs might be bought for a limited time only. If we assume that the pandemic is over soon, there’ll be very low demand for Covid-19 drugs. Although I think it will take the effective vaccine quite a while to become available to everyone, it might happen soon enough. So, there will be far fewer patients requiring the drugs Synairgen makes.This is what I’d doI’d personally avoid Synairgen. It seems to be too expensive, and the fundamentals simply aren’t here. If you are looking for high-growth small caps, I’d look elsewhere. Image source: Getty Images Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Anna Sokolidou | Thursday, 27th August, 2020 | More on: SNG “This Stock Could Be Like Buying Amazon in 1997” Anna Sokolidou has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Interested in Synairgen shares? Here’s what you need to know See all posts by Anna Sokolidou
Save this picture!© Justin AaronLocated in a Heritage Conservation Area the renovation is not visible from the street providing a sense of delight and surprise as you walk thought the traditional front of the terrace into the new open + light extension.Project gallerySee allShow lessBig Idea for Public Space? You Could Win $5,000IdeasAnna Meares Velodrome / Cox ArchitectureSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/878984/brick-house-bastian-architecture Clipboard ArchDaily City:AnnandaleCountry:AustraliaMore SpecsLess SpecsSave this picture!© Justin AaronRecommended ProductsWindowsKalwall®Facades – Window ReplacementsWindowsLibartVertical Retracting Doors & WindowsWindowsAir-LuxSliding Window – CurvedDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaText description provided by the architects. This project saw the revitalisation of an inner city worker’s cottage. The renovation opened up the internal spaces, provided natural light and a direct connection to the outdoor area. Internally the house has been reconfigured, consolidating service areas around a small side courtyard and opening the living and dining space directly onto the new courtyard. The new extension has been raised to match the garden level, the internal floor change occurring at the threshold between the old and new parts of the house.Save this picture!Floor PlansThe renovations + additions took cues from the existing materiality of the building, in particular an exposed recycled brick wall. Recycled bricks were sourced to match and the wall was extended, adding texture and colour in an otherwise monochrome extension. New brickwork weaves through the project, beginning inside as the kitchen bench, wrapping along the length of the room as a ledge for artwork and modern essentials, snaking outside and bulging to form a BBQ bench and finally dipping down to create a long bench seat.Save this picture!© Justin AaronThe hit + miss brickwork of the courtyard will visually borrows space from the shared laneway beyond, while the brick on edge paving steps its way into the landscape; blurring the edges between garden + courtyard.Save this picture!SectionThe materiality of the bricks is contrasted by a folded white living, kitchen + dining space. The roof folds up to the north providing light and ventilation while also creating a sense of weightlessness which counteracts the solid brick base. Brick House / Bastian Architecture Photographs Manufacturers: Boral, Caesarstone, Phoenix Tapware, AWS, Black + White, Boral Brown, Marengo Honed, Natural Grey, Snow, Surface Gallery, Tasmanian Oak “COPY” Year: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/878984/brick-house-bastian-architecture Clipboard Architects: Bastian Architecture Area Area of this architecture project Area: 79 m² Year Completion year of this architecture project 2015 Laycock Constructions Structural Engineer: Houses Projects Brick House / Bastian ArchitectureSave this projectSaveBrick House / Bastian ArchitectureSave this picture!© Justin Aaron+ 20 Share Photographs: Justin Aaron Manufacturers Brands with products used in this architecture project Builder: CopyAbout this officeBastian ArchitectureOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentExtensionAnnandaleAustraliaPublished on September 04, 2017Cite: “Brick House / Bastian Architecture” 04 Sep 2017. ArchDaily. Accessed 11 Jun 2021.
January 15, 2021 Find out more The appeal of journalist Sergei Duvanov against his 28 January convictionfor the alleged rape of a minor will be heard on 11 March. Duvanov wassentenced to three and half years in prison after an investigation and trialmarred by many irregularities and violations of his rights as a defendant. News February 5, 2021 Find out more RSF_en October 30, 2020 Find out more March 7, 2003 – Updated on January 20, 2016 Sergei Duvanov appeal hearing: A chance for the authorities to finally let justice be done Follow the news on Kazakhstan Help by sharing this information to go further KazakhstanEurope – Central Asia Kazakh reporter accuses police of attacking her Regional newspaper editor harassed after investigating real estate scandal News Reporters prevented from covering Kazakh parliamentary elections Reporters Without Borders today called on the authorities of Kazakhstan to finally let justice be done when the regional court of Taldy-Korgan (350 km. from Almaty) on 11 March hears the appeal of journalist Sergei Duvanov against his 28 January conviction for the alleged rape of a minor, for which he received a sentence of three and half years in prison.”The Kazakh authorities should bear in mind that Sergei Duvanov’s appeal is a democratic test for their country, and that they still have a chance to show their support for due process,” Reporters Without Borders secretary-general Robert Ménard said.”The harassment to which Duvanov and all the independent and opposition media are subjected in Kazakhstan would suggest that this case is politically motivated,” Ménard said. “The Kazakh judicial system has not so far dealt with Duvanov in a fair and open manner. On the contrary, there were many irregularities in the investigation and constant violation of defence rights during the trial itself.”The European Parliament passed a resolution on 13 February demanding Duvanov’s immediate release and voicing deep concern about the investigation, prosecution and sentence. On 30 January, the US government also expressed its disquiet about the sentence. The Organisation for Security and Cooperation in Europe (OSCE) on 28 January criticised the legal irregularities and lack of evidence supporting the charges and urged the appeal court to take account of these shortcomings when it considered the case.The editor of Bulletin, an opposition magazine published by the International Bureau for Human Rights, Duvanov was arrested on 28 October last year and accused of raping a 14-year-old girl. He had been due to fly the next day to the United States to present a report on democracy and human rights in Kazakhstan. He went on hunger strike for 10 days to protest his innocence. At a press conference at the European Commission in Brussels on 29 November, President Nursultan Nazarbayev said Duvanov’s guilt had been proved. When Duvanov’s trial opened on 24 December, his lawyers were not allowed to examine the entire case file. Viewing the proceedings as a farce, Duvanov dismissed his lawyers on 23 January, the day after the court rejected their motion for the charges to be dropped for lack of evidence and because of the many legal irregularities.Duvanov is one of the government’s most outspoken critics and regularly denounces the harassment of the independent media and opposition. He is also being prosecuted for “affront to the honour and dignity” of President Nazarbayev. On 28 August last year, he was beaten up by thugs and badly injured.During a fact-finding mission to Almaty in July last year, a Reporters Without Borders representative met several times with Duvanov. He spoke of the intimidation and harassment to which he had been subjected by the authorities and predicted that they would probably accuse him in a sex or drugs scandal. “I’m still free and in good health,” he said, “but this cannot last.”Kazakh human rights groups and opposition journalists say the security services often try to implicate the government’s opponents in scandals in order. KazakhstanEurope – Central Asia Receive email alerts News Organisation News