The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Feeks, I think there will be legal implications/obligations/insurance requirements which will drive fever detection following Covid.
Jimzi...soul searching...whatever next!!??
DHC...disinformation as ever
WSG....to all the folk working at WSG, well done, stay safe and keep going.............remember you need 26p for all your 13p options to kick in!!
The call for ia significant IMO. I dont subscribe to the ciew mentioned here that such screening is pointless just because it is possible for a person to be asymptomatic. If governments take the lead on this as they surely must then regulation of this type willl follow
maybe end Arpil results will spill out all the beans, rather than pi speculation.
yrab, As far as i am aware Sales orders can be cancelled and even deleted as long as they are not paid, fulfilled or invoiced. Anybody have any other views?
As I have said, it is all about google searches and optimisation
H&N, apologies if you already explained.. but 1.2M in 2 weeks is say 600K a week, if orders were 100K per day per order, sounds news worthy as some of the stuff on their website are less value... and surely lots of good news stories help.... Pete put that rns out to stop the share slide.... not to say how well their doing. B
https://www.thetimes.co.uk/article/heathrow-boss-calls-for-airport-screening-88zbgbvx5
yrabs,... I suspect that is due to the fact that we are probably talking about a large amount of small sales,... which aren't worthy of RNS' releases in their own right. He has already notified to the market, in an RNS,... that the overall effect on tech sales are 'material'...... which means he has covered off the need to inform the market on a regular basis,... on the cumulative effect. Hopefully, he will do that nevertheless,... if only to show that we have some sales growth to offset the potential decline in other of business sectors.
Next significant news, ( excluding any surprises),... is the issue of last years' finals, due at the end of the months,.. so circa 3 weeks. That will confirm significant double digit sales growth for last year.
Best
Yrab...you naughty fellow...I have been through this already.
They only put up some of the contracts on to the website. That page is not designed for investors but for customers i.e google searches and optimisation. If you put too much similar stuff up the algos work against you.
They are on Page 1 google for 'fever detection kits'
is an order not a contract.... I am sure that when I order loo roll, I pay in advance, so is this a different form of commitment?....B
what is odd is that on the 1st April, Pete says had £/$ 1.2M of orders [so between 17th and 31st March], yet the last contact announced on their website is 19th March and that was non covid related..... what am I missing?...…..Surely if not RNS worthy, those sales would appear as regularly as all the others , last one was 11th March...…...doesn't tie up. B
Mike, I share your thoughts provided the encouraging volume of "orders" referred to in the RNS are subsequently converted into Sales i.e. WSG do not suffer any supply chain issues due to high demand. I look forward to the next update, which i hope will make some reference to sale volumes.
Not beyond the realms of possibility that tech sales related C-vid alone could be higher than the whole of last years tech sales; they almost certainly will if the levels of recent sales continue for the next few months. As lockdown is relaxed,.. and it surely will in the next 4-6 weeks,... HMG has stated that 'testing' will be key to allowing people back to work. It's clear that there won't be enough individual tests produced to cope with the millions that would be required,.... so the thermometer and walk through screening procedures seem the most likely and in-expensive for companies to adopt, in trying to manage the return to work of staff.
To me that suggest that C-vid sales should remain high for some time too come; IMHO, I imagine that our biggest problem is probably sourcing enough stock to keep up with demand.
On another note,... the press interest that can be created around the Idris Elba story, is very good for SL,.. and Freetown.
Does anyone know who supplies WSG with the Fever Tech and what the likely margin is on Sales?
Agreed. Venues,businesses, airlines...you name it. Walk through fever detection screening
I think we will see this become mainstream...
https://www.google.com/amp/s/www.cnbc.com/amp/2020/04/04/coronavirus-walmart-amazon-turn-to-thermometers-as-detection-tool.html