The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The half yearly update should reveal all. I'm hoping, given all the positivity surrounding AGM performance yesterday that results are well ahead of the consensus forecasts. There is a lot those forecasts havent factored in. All depends if we are generating revenue from these yet. If not we may have to wait a bit.
I seem to remember seeing the NCYT kit at £7-£8 per test, I think that was on their own web-site. That price was for the early single gene test ...
I expect our more accurate two gene test should sell for at least those prices, but even at £7 that's £3.5m extra revenue for production to the end of December ... and if they get snapped up then there's scope to manufacture and sell more to the end of March to boost the figures even further! These kit sales to partners aren't in the brokers estimates yet!
After 6 years the ducks are finally lining up!
Yep, L2 slotted the big trades in at the correct time s and they are both buys!
With buyers like that around, the SP could finally get the kick up the arse that it needs!
Caxton have the initial test kit at £10
We’ll have to agree to disagree Florida, I threw out £5 per test as a conservative estimate. It could be higher in my opinion.
I think you will find they are BIG BUYS ;-)
Look like buys to me.
two big delayed sales for over a million shares?
N+1 Singer on ResearchTree
https://*********************/companies/uk/medical-equipment-services/yourgene-health-plc/research/n-1-singer/agm-statement-highlights-progress-on-multiple-fronts/d19f5053-8d66-431d-9f3b-363c624ba66c
They have included £3m in latest forecasts precisely because they said they were up to 10,000 per month from Cctober, which i 6mths sales up to next March.
For the tests being sold for others to process, I would expect £8-10 each sold in bulk. I did find a reference once (some advert I think for another test).
Thanks Steve67 - that helps but does not answer the question "how much". What price would we get for the 500,000. To put you in the picture, 500,000 at £1 over three months to Xmas is just about the two million additional revenue forecast by the brokers. That means they have totally ignored our 10,000 per month capacity, "why". You could turn it around and estimate the 10,000 capacity is in fact not based on £42 per kit or anywhere near it to bring it level with their forecast. Then discount the 500,000 completely because they have no orders confirmed. That to me sounds more likely.
Jascott2510 - raised some good points but I think your estimate of £5 per test is way off, especially as the NHS in particular are looking to cut the costs. Having said that, an NHS contract would be very nice.