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This technology is a Valuable resource for companies and organisations to keep continuity of the activities.
this test, monitor and manage tech has huge important role to play.
this is the beginning of something special here.
coronaviruses and non covid19 medical digital pass
Someone made an interesting comment earlier about what the companies share price would be in American. I think they operate differently. It would be private with private backers, then it would float. We will have to watch it struggle as a listed
Company and possibly do a fund raise at some point.
Actually disagree. Volume has stepped up and market is steadily taking positions, while MMs supply liquidity and control thr spread. The Telegram group, where sensible debate takes place, understands and is increasingly bullish about CTEA and the future of Synovate. The group also understands that negative posters on bbs such as this, are also a sign of growing interest.
Unfortunately the reaction to rns news was poor.
Until there is a meaningful contract expect this to drift...
Looks like their Chief Commercial Officer https://www.linkedin.com/in/nickdelacamp/ only just joined them. They have very few employees. All seems to suggest to me that actually this is somewhere near the very beginning.
Here are some numbers of people who play - https://www.statista.com/statistics/899177/badminton-participation-uk/
Here is a report from the Bad Club - https://www.badmintonengland.co.uk/media/6696/be-annual-report-2017-18-final-web.pdf
Gives you an idea of how big/small this sport is - surprisingly they quote 975,000 people per month play the game. Both links worth a read.
taken from rns
Utilising the sales expertise of our newly appointed Chief Commercial Officer, Nick Delacamp, we are experiencing increased interest for Synovate’s services from organisations across a range of industries, and we look forward to keeping the market updated on further progress in due course.”
Does anyone know how many people were involved with each contract?
Main worry here is the charging structure. Not sure how big National badminton is but hardly provided any revenue?
GL.
Technology looks great, I have how long it took UBer, Just Eat etc to become worldwide success story?
well let this do its tech magic.
could be another Tech billion dollar company
be positive Rome wasn't built in one day.
A step in the right direction! Yes, it’s not the monster RNS but these look like perfect stepping stones to move in the direction of bigger things. National badminton, just shows how valuable this product will be in sport, what’s next? Hospitality/events...
I also noticed, last night there was a £12k trade shown on London Stock Exchange, there’s still no sign of it on here, I have my doubts on how trades are shown on here! I think this RNS give us some comfort, they are working on this, they are trying to win contract... all we can do is sit tight!
Most people are taking this news for what it is. I was replying to the ramptastic posts by Silverbackboy
dg
just need one government contract or Football Association contract, European Football Association would be a fantastic opportunity here.
NHS staff and other big employers are keen to take part in this exciting opportunity to combat the spread of Covid19.
Excuse the double post...fat fingers!
Crizmo, it's a start so wouldn't expect 10p or even 4p. These type of contracts , as already mentioned on here, are proof of concept.
Let's see what transpires in the next 3-6 months, as I would expect that cliff edge to be a mountain edge!
Crizmo, it's a start so wouldn't expect 10p or even 4p. These type of contracts , as already mentioned on here, are proof of concept.
Let's see what transpires in the next 3-6 months, as I would expect that cliff edge to be a mountain edge!
Remember the days when NCYT was trading from 20p - 28p and derampers were saying all the negatives.
I see Catenae to do well for this country and make British technology proud in many many countries around the world.
Tech companies are valued for future worth.
Remember this tech is scalable to other medical information too.
GL and Dyor
Im with you Crizmo. It's 2 tiny contracts after what 9 months? They are not even exploiting the 'Immunity passport' aspect and just simply feeding the results straight into PHE.
It's not that the idea isn't sound its just this company are not getting any significant sales of an immunity passport system during a global pandemic. They would struggle to shoot fish in a barrel.
This isn't 'Huge news' its an admission of what kind of company this is - small fry.
DShox, I think your post sums up where this is. Proof of concept today, is more important than landing Arsenal FC (example) it will show bigger companies that the concept works, is reliable and fits into the UK goverments strategy, ie: T&T - Hopefully in the coming days the PR machine will work a bit more and get the message out, you would suspect then the SP to then find its right place.
I would think now the CTEA team are pretty confident about their product, you don't need to go into meetings with a begging bowl, you can go in with facts and figures - SA is screwed, lets hope they (whoever they are in SA) have been waiting for this confirmation - You land a contract over their with the goverment, mining company etc and we are in a different ball game.
"Huge news back to the 52 week high of 10p
That’s the news we wanted
Brilliant"
You think it's going to 10p on that news alone? 2 contracts that they have admitted will make a tiny amount of money. I think not.
Really hope so
Yeah markets loving the news
Proof of concept or commercial endorsement, Synovate is off the mark and CTEAs new Chief Commercial Officer appears to have his hands full with new leads. Today's news will help him convert. Bigger fish will certainly follow.
12% premarket
I've seen the likes of NCYT started of like this, and all was saying contracts not big, look at it now!!
CTEA will be massive, now the tech, Test, Manage and monitor been approved and uploaded to NHS UK and government approved, think this would be the game changer for UK and rest of the world!