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That's the main issue with this company RB, putting their incompetence to side, there is absolute no form of communication. Other testing companies were holding regular presentations, putting out tweets, keeping people informed where they are in terms of products or sales. I don't think Genedrive even know Twitter exists, judging by their actions.
I agree with Dave re: the 11th hr notification of the POC delay which would have been known well in advance.
I would be curious to the response if someone else put the question (why can't we have quarterly updates) to Walbrook. When I asked in April I was simply told my comments would be forwarded to the GDR team.
But its ridiculous that we have 2 presentations a year and then we speculate the life out of this company in between. The notion of "we update when we have material news" , should be applicable to all aspects - sales, commercial partnerships, new products, approvals and delays, dead deals etc.
Risk well said, no body is expecting a RNS every Monday, rather to kept updated where they clearly know thry are behind. He didn't find out 5 minutes before the presentation that POC would not be ready for Q1, they would have known back in Jan. The EU deal again no explanation of any delays or exprctations, but another carrot constantly being dangled.
It was due to be delievered in Q1, however fast approaching Q3 and still remains outstanding.
when you run public limited company, it is important to update your shareholders with trading update regularly and most companies do it quarterly.. we did not had any sales update since March 26th..
no body is expecting a RNS every Monday..
we are due lots of update which were promised by CEO himself with his own deadlines..
EU deal which supposed to be signed December 2020 and revenue materialising in Q1 2021, we are into end of Q2 still no sign of deal? Do you not think he need to give reason?
Even with POC why can’t DB update the progress, rather than dropping a bomb in last minute like last time?
I have asked Walbrook recently and they have said:
when GDR makes material sales, they are obliged to update the market.
Sales figures are not RNS worthy. If you want day to day receipts, in you're investing in the wrong industry. Health tech should be working hard, not passifying investors every Monday morning with an RNS.
Just sit tight. Be comforted in seeing the spinning plates. Let's see if they hit the companies internal targets and if they do, then they RNS.
But one has to ask if it looks pretty big, where is the pretty big numbers from genedrive?
We keep adding pages to out book of assumptions!
V Good descovery. Is share price jump B soon .
Fda…. Anyone looked at the list recently… who? What happened there. Can’t see that coming
Deramp? Why because it's pointed out the sentence you keep going on about? Can you not have a discussion? Probably best if you stick to refreshing the Beckman page, or loooking at the their market cap :)
I was actually trying to discuss things with you? This is why you are a knob , if anyone disagrees with you it’s immediately deramping
You always bang on how important coming up on a few more searches on the BC website is , but when told we don’t even appear on the divoc website you brush it off like it’s no deal at all
Always ask Anna to clear things up or
Exactly my point Risk is reward. This name dropping sentence is very old from the original website word for word, just seems like a copy and paste each time. It isn't anything new, like you say nothing new has been released referencing Genedrive. In fact they have done the total opposite.
I dont need to say anything but you you may guess what I do want to say to all this. Use your imagination. The SP indicates what gdr is doing. Pretty much next to nothing. I'm sticking to my prediction of 40p by Friday.
Dr Kanav kahol is very active on linked but never posted anything about us since we received ICMR approval
And how many people in rural can afford a Genedrive test?? Budd has told you in the RNS,, sales are likely to be limited.
Also that line is from a very old Divoc comms, so it seems it just being copied and pasted onto anything new. Nothing new has come directly from Divoc.
DB can’t delay things forever!!
The main question is Divoc have partnered with Genedrive and promoting it very aggressively in the past but now when we have approval and ready no communication at all..
Divoc are testing using their old supplier still why not us?This makes me thinks things are not right.
anyways we would find out soon in full year results.
DB can only delay things forever..
For a company that has failed to deliver up until this point I admire the faith
Don’t know how they can’t work out if there is or isn’t demand for a top notch test in our current situation
DIVOC doesn’t mention genedrive anymore on their website!!
No sales have been reported till date by genedrive in India yet.
Preefty it’s hard to get excited over name drops and country population
It’s all we have had for months , the population of Europe , South Africa , Thailand etc are huge and frustratingly it seems we have sold nothing there
Up until this point we have no idea what we have or haven’t sold , I’m of the opinion they are keeping it quiet as it’s nothing great but as I’ve said I’m very happy to be wrong
We need orders , contracts and up to date news on what’s going on
Who needs sales when you can get name dropped a few times
Lovely but where’s the sales