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Allah, you are still boring people
Llyod your lack of critical thinking is pretty boring. What's even more concerning is that there are many people of your kind round here (such as Clark who posted right after you), very prone to cognitive bias and thus unfit for investing in risky stocks.
Allah not so Akbar it really is simple to apprehend!
Do everyone a favour and stay downwind!
Allah, your doing it again, your boring everyone
The situation really is simple to apprehend.
GDR announced its coronavirus test on 22 May.
Back then the company wrote :
"Following CE-IVD marking, the Company can commence commercial sales in the UK and across the EU immediately. The Company will now begin distribution to potential customers for initial clinical evaluations, and aims to record first commercial sales in June."
Five (!) months later, there has been no announcement as to the outcome of these targeted sales outside of the UK (because, just to be nice, let's pretend that they totally aren't interested in their home market).
There are two possible reasons behind this sorely missed sales RNS, and both highlight a certain lack of skills on the part of the CEO.
Option 1 : GDR made practically zero sales and so couldn't release an RNS => commercial incompetence.
Option 2 : GDR made substantial sales but didn't bother releasing an RNS => investors' relationship incompetence.
It beggars belief that inverstors who've been blatantly failed by that person continue to defend him, and it's alarming to read their pro-failure ramping, but from the angle of the infamous cognitive dissonance, that makes total sense.
Hi PP,
Re-baiting All Rods for our week ahead !
Really do not know which bait will be taken first !
So much coming our way that the Tsunami - Perfect Wave is Building, for a Massive Peak Landing at the same time !
Baited up with BC News on Rod 1, DOD contract on Rod 2, South Africa Order on Rod 3, WHO Approval on Rod 4, ICMR Approval on Rod 5, and FDA/EUA Approval on Rod 6.
I have baited a Spare Rod with a Positive Trading Update, which I may not cast until the first week in November !? - will decide during next week, dependant on what's circling !?
Lots of Great Posts from so many Investors last week !
Shame about the Mud-Slinging, Non GDR Share holders, chucking their Cr*p our way last week. They will dis-appear once our Great News rolls in, and our SP takes off ! - Some may even jump on Board our Rocket !
Looking forward to our Week Ahead !
Have a Great w/e All.
Evening BigAl - get those lines baited up again, reckon they’ll be biting again soon.
Whopper wriggled off last time round but reckon persistence will pay off handsomely for the patient angler ;0)
Great Post PP - as always,
Have a Great w/e - All GDR Investors !
Not long to wait for the GDR News Reel to roll out the News we are Expecting !
Great Times Ahead for us All !
Totally agree - real GDR haters, who at the same time claim it’s easy money trading GDR....I’m no detective, but that doesn’t add up.
Horse before cart on news front, which played into fear mongers hands, may have been strategic or simply, as some have stated, just the way the news has landed - straight bat.
Either way, it’s been a bit of a snake pit again (with one unnamed ‘in the know’ including me as chief rattle), look forward to the avalanche of news once approvals land and having a good snake charming clear out, and most importantly getting many LTH’s and others back in the blue.
Whilst frustrating for PI’s, we wouldn’t overlook how Immensely frustrating it must be for BudTime and team as well - you can’t always control the uncontrollables and frustratingly strategic plan focusing on key regions has had a mission critical dependency on external approvals which has proven delayed beyond anyone’s expectations.
It will come. OneKnows....hissss
But boy.....this share doesn’t let you get comfortable for too long!! Cheeky feel for a week or 2 of blue and then brings us back down in the currently BGF sponsored Big Dipper!
Enjoy wkd non-snake realated holders.
#PeacePlantsPlentyofPatienceProsper
@ST: 500-600p by end of year would be a nice XMAS gift! fingers crossed
It seems like people took the news of the saliva test as no news on any other front till q1 2021.
We could get news next week from who or any other front and straight away were selling.
This week has seen some charachters here just to cause panick.
Have a good weekend ST
Knock, thank you, agree with everything you say, we will sell, how much is yet to be seen, but bottom line is we are more than COVID which has paid the bills (placing) and put us in a good position with our non COVID products. Long term, time will tell
No I wouldn’t tbh as I’m no youngster! Guess Q1 2021 will getting distribution, priorities, schedules etc for the 59% (?) who want it. IMO - yours?
Knockout,would you take the vaccine in December?
It would be to soon for me
Technick, totally agree re derogatory comments and all the 'personal chatter', be much better if we kept content to useful information so we can all make decisions on what we do next.
All, as time marches on, I am sure we are all getting a little nervous that GDR are potentially running out of time to meaningfully get to market and at scale and Technick’s point re channel sales is very pertinent here I think. I am sure many of us know from personal experience that selling via channels or distributors (B2B) can be much harder, slower, and frustrating than direct as you are not selling to the end customer (not an individual as in B2C but Govts and P.Sector authorities). Pls correct me if I’m wrong but we have DIVOC in India and BC in US and other distributors in S.Africa. I am wondering therefore if GDR’s ability to push sales as (everyone understandably keeps questioning) is hampered by the fact that we are working through Partners. Of course it makes sense that they did this as GDR do not have the coverage in their stated target markets (India, US and S.Africa) to sell direct but might the problem be that these channels are not as able as GDR staff to explain the benefits of our products vs the competition that would drive sales? Maybe this is being unfair on these channels but the comments I’ve seen re some of these channel staff implies they probably need more GDR support to sell why GDR is a great solution.
Secondly, as we still await many approvals in order to sell, does this same factor of working with a channel hamper those efforts as surely the channels will be lobbying to get this done for them and us.
And finally, wrt the window of opportunity closing, when do we see this being based on today’s info wrt vaccines etc? I am aware from my contacts that the UK Consortium vaccine is likely to be given to NHS and front-line staff in late Dec and there will obviously be a period where testing continues but not sure of the situation in our target markets. Be great to get everyone’s thoughts on this and the other points.
GDR is not a B2C business unlike others like NCYT. They are a B2B and their strategy is to partner in high volume markets outside of the UK. This depends on approvals for both India and US. They now have SA and will start selling there now and we should have the update shortly, most likely in the year end results.
They have developed a POC solution which is undergoing final trials and should have its approvals early next year. I suspect they'll beat most of the smoke and mirror companies out there, but the market is large and different POC solutions are required for different parts of the market.
Some may disagree with this strategy which is absolutely their right. What's not their right is to be derogatory about the competence of people trying to make a difference. If only there were more people in this world prepared to try rather than complain from behind their firewall.
Allah, you said no deformation was intended, but you continue to be disrespectful. Please grow up.
Wish he would like but ey
Very true Jay, DB is such a basket case, not even God can help him !
Allah=god so I’m just saying god won’t help
@jayhayes
why would you say that ?
God won’t help allah
Allah, please, you are boring everyone
damage control...lol...