The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Imagine if it was a government....Uk first then quickly after USA whilst Europe fights over Hughes will be next
It's like saying there are lots of companies trying to making Corona virus test kits and lots of companies trying try make a vaccine.
But the difference is the first one to have their product completed & tested and ready to be sold on to the open market first will attract the biggest contracts.
And guess what CTEA are already exactly in this position
So its either your in at these low SP or you buy at a premium high price once news is out and with all the social distancing, Apps are the only way and best way to process all this information
CTEA product is completed and it will be the first one to hit the market, we already got several companies interested in CTEA's version.
Next news should be a big contract with ..........!!!, Government....!!!!
Big IT company ....!!!
Etc....
Then this will fly
Although I suppose Guy can’t sign every country up up!! LoL
Good post !!! ....just one thing though it talks about the competition doing nearly the same thing so how is that good to CTEA
Just doing a bit of research into the CTEA block chain technology and app this weekend and came across this
https://www.weforum.org/agenda/2020/07/covid-19-passport-app-health-travel-covidpass-quarantine-event/
If this is anything to go by, then the technology and opportunities CTEA app will open up is going to be huge. If the app technology is implemented in every country and have the app installed all around the world, this is going to be mind blowing. Not to mention that some big IT company may buy them out.
I think i am going to top up first thing monday morning, as this could easily reach 20p plus on the next RNS
This is one of those shares that will only go up or down based on news flow so this company needs to start providing results before anything improves from this level.... well so I said it before this is an absolute pig of a share but when the contracts do land and I’m sure they will Christ knows when this will ****ing fly! It’s been quite awhile since the last news you would think by now any normal company would have signed up at least one partner or a customer let’s hope it’s worth the wait. GLA have a great weekend all back to the guessing game on Monday morning
Would be nice to an update Monday or even this afternoon for a surprise :-)
Whatever comes out here , (I second pingu here) firstly it must be paying, (no more trials etc this needs to be commercialised otherwise it will miss the boat and the app has been ready for a month and they were/are in talks with lots of potential customers)
and with a decent amount of orders. One thing I don`t want to see is tiny deals with tiny companies with if all goes well we`ll be millionaires by next year. If you think about it, logically if its a good product, commercial, provides a useful service and we`ve had a month to sign up contacts then this should come out. If it doesn`t we`ll be looking at the usual AIM trick of over promising and under delivering. We`re all here for the former.
I was quite pleased to see the back end of the week pass without an RNS here. The really positive stuff tends to come on on Monday/Tuesdays so here’s hoping we’re due shortly.
I am not sure what to expect from CTEA or what good looks like. A market demanding commercial terms could be hard to satisfy with any serious numbers. But for me I think I’d like to see us in talks with a few big companies that would secure bigger earners than a few done deals on small employers. We will see though.
An update on the interest in Afrika-ID roll out would be very useful. Huge potential numbers there. Even securing a couple of percent of app users from 365 million is 7.3mill users. Split across government funding and some private companies then what do they pay to access to app and per user? Not as short term as many want but potentially very lucrative for a £7m MCap CTEA.
Any expansion needs to be looked positive whether big or small !!
Guess the BOD will be under pressure here as they need to get contracts with revenue ...
Should they fail it will be a market cap at the bottom of the barrel ..however should they produce sone numbers that the market believes in ...current market cap will be left for smoke ...
Question is ...when we are going to get some news as four weeks past now without peeps !!! GLA
This is immaterial isn't it? They are managing growing interest in their product, the CEO (according to Linkedin) has a strong sale pedigree, hiring someone on 35K (likely with a good comm scheme behind it) is absolutely a logical hire
What about 35k a year and a percentage of sales?
If I were a top salesman I think the salary Is immaterial as I would be earning the main money from selling it.
What is the point of paying someone 100’s of 1000’s and they just sit there happy with the salary and isn’t driven?
What I think of a 35k sales manager and pingu thinks is pretty immaterial as we don`t run the business (which is probably just as well, though it might not be!) but all I`m saying is if you`ve got a good product worth millions and you want to get it out there (after all with the millions we can`t have it both ways) you need decent able people to sell it.
£35 ish is going to get you a glorified administrator or an inexperienced kid indeed this is the sort of money I would expect a car salesman to earn not someone dealing with a millions of pounds product. That`s all really.
I will hopefully be wrong and then I will eat my hat....... if I had one.
Seems like this is the base,we did jump from here last time and touch 6.5p.
Now MMS got 11million shares to sell at higher prices lets see how high this is gonna go.
Hold tight,6p without news or much higher will news or rumour.dyor.
seems strange that all of my watchlist is red execpt CTEA. Holding very well.
Hope for the good news. My immediate concern would be not to loose the trend line and 3.5p support. GLA
We all need a bit of luck that’s for sure! I think there’s enough companies in the UK for us to get a small market share and be very profitable.
Pingu, wish you luck… we all need it. lol...
CTEA not a big Company big lad. What sort of MCAP/workforce you attempting to compare them to? If the spent too much on wages you’d be saying they can’t control their cash burn. Maybe shares part of bonus structure?
I’m a cautious guy generally but writing them off before anything comes out is odd. The southern African roll out could be significant as the numbers are huge! That doesn’t need a sales person. And the pipeline I’m sure the consortium have spoken don’t need a salesman. They’re warm deals. Entirely new clients Need someone to chase up sales.
Too late for Covid?? Lol
Biglad, I agree with you. In one of the videos (long back) Guy was saying, "we buy people really we buy people" but seems they really have only 3 employees. I do not know what they did with the placing money. And its way too late for COVID I suppose. But they could rebuilt the company and may produce revenue generating products long term (need to be seen). I do not think any revenue or sales coming short term. I wish to be proved wrong.
Pingu, you don`t need to tell me about employing sales managers I was an HRD for a numbers of years with a number ofbig companies. You`ve got to ask yourself the question if your dealing with potentially millions of pounds worth of orders (which we all hope come to fruition) then £30 40k isn`t going to get you much in the world of sales. Simply anyone any good at it will be earning a lot more and adverts that say depending on experience don`t generally attract top talent.
like I said depends what sort of SM you want but at this salary you`re certainly not going to get a world beater.
CTEA posted this 21H ago. Sorry if its already been posted
https://catenaeinnovation.com/news/helping-the-hospitality-industry-safely-securely-welcome-customers-back/
The MM's appear to be holding this back, for how long i don't know...i'd hope to see this move North this PM in advance of good news