The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Congrats Bsinkers
Cheers all. Good little sense check that and reminder of key events. Just had our second baby 4 days ago so quite tired and making the best decisions is hard work atm! Haha
@BB yes he did, so they will already be 'in test'
This from todays Indy, come on Boris look at what UK Companies have to offer to meet your demand!
https://www.independent.co.uk/news/uk/politics/coronavirus-boris-johnson-test-results-24-hours-june-lockdown-a9546556.html
Let me see... that would be over £5 a share then. Promising investment this
Technick I'm sure DB said samples had already been sent our prior to his media stints
No sam that's just the minimum for the first year... my guess is a £250m+ Mcap...il let you work out the SP :-)
@hearing - autocorrect
I would say because of the need for the tests that testing will be short, expect labs that have samples to be testing the Genedrive kit within 1 week. I suspect we shall start hiring about which territories kits are being sold by mid-June
Bsinkers, they said news starting June, we are literally 3 days into June. In his interview he said that sample products had been sent out to multiple places for testing and evaluation from prospective distributors and clients. Give them time to learn how great GDR is which hands on experience.
samolly2 - I'm not disagreeing with you mate but like i say they need to see the apetite for how many people are buying right now. I would like to think they have sured up the supplychain ready for massive demand if it comes. Even now they could have an idea of the type of demand and already be manufacturing/sourcing more raw mats than previously bought. It's all guess work till we get word from the big man. I'd like to think we would have some sort of update mid next week
Tests are on trial just now so I don’t expect a sales update until middle/end of month at best
Lower your expectations then you won't be disappointed. David Budd hasn't overpromised in my view.
We probably won’t get that amount of detail until we get a trading update further down the line, but I believe that GDR is the last best Pharma prospect to multibag from here.
Just a question, is anyone surprised we haven’t had some more news by now? I’m not sure if it’s reasonable for me to have expected more by now in terms of sales...
75M is conservative estimate I agree, but would be silly ramping to spout more untill there is a proven demand and GDR release plans to scale up production. We still don't have any hard facts on our manufacturing numbers we just know 10k per hour. Alot of it depends on raw mats and how much they can source for how quickly we can ramp up or for how long we can run 10k per hour for. Hopefully this kind of detail is included in the next RNS
Nice update U696061.. best bit is...
… Such revenues, which amount to £75mln on an annualised basis, could theoretically generate a gross margin of 60-80%
our Mcap is currently less than that... plenty upside here ... PLENTY!