The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
It’s getting nearer….
https://shop.medusa19.com/en_GB/taxons/covid19-tests?channel_type=default
You can pay in GBP , EU and USD…
But before you buy use a coupon for 10% off.
https://www.couponwcode.com/coupons/medusa19.com?cp=011116046872
Think we’re close
Has that been added then recently?
Lots going on in the background with Medusa, once they receive HUA they will throw everything at the marketing and production.
& with a lot to go for..
https://www.globenewswire.com/news-release/2021/08/19/2283599/0/en/Lateral-Flow-Assays-Market-Size-is-Expected-to-Reach-13-35-Billion-by-2030-Says-AMR.html
It just depends (once we get HUA), whether or not the travel industry use us.
More likely imo, the TI could, as long as the individual uses a recognised LFT test they will accept it and not just use "their recommended test" per se. This then means we have to be on said list, but I assume we will be by default, having HUA.
Difficult to say how many will care about accuracy. (False positives will probably be the "headline" on the packet, because you don't want to miss your holiday on a test that says you have covid when you haven't.)
But if there is a "much of a muchness" about them then it will be about price.
Other than travel I am not sure where the market is now for LFT's. It depends if large events will insist on them. If it does then that will help obviously.
Ultimately it will depend also on how many test the public has to choose from and at what cost. Once we know that we should be able to have a stab at guessing sales numbers
it is disappointing that even now at what seems this late stage from our expectations of a year ago, we have little or no information on capacity, amount of business sales, when HUA will be granted or the profit margin.
We seem to have NDA's with Medusa, the Govt, (all govt's?), elite sports teams and big (international)business, restricting any info to help investors. Plus a marketing dept, that seems not to want to market the product.
Still, big week next week as Ophidian predicted within 10 days the SP would be 250p which would be by close of play Friday i think?
Fingers crossed, although i have to say, not my favorite investing strategy, or indeed most successful.
Zzzzzzzzzzzzzzzzzzzzzzzz
Wyndrum.I am sure that there will still be a massive LFT market for the testing of pupils of all ages.If the press reports are to be believed the current daily positives are highly distorted by positives amongst the school population.
Let’s start with the premise that Avacta and Medusa19 have a vested interest in this working. Avacta are astute operators when it comes to selecting partners, and I’m sure that their choice partnering with Medusa19 will pay dividends. Medusa19 management have the experience when it comes to both marketing, sales and logistics.
There is a huge worldwide market and it is not just limited to travel. Affidx and medusa19 are on the NHS microbiology framework for starters.
The market might be waiting, but they can see it is shaping up well for Avacta now.
That medusa page was updated 7th September, wonder if they were expecting authorisation soon after that.
Either way, it indicates recent progression with the strategy.
Travel industry is a global market we need to not worry about the UK gov the market is huge
Annoyingly Wyndy & NDN have done exactly what they wanted and diverted attention away from the initial discussion which is interesting.
Do we know if that page is new or when it was added? Timster, you mentioned September 7th - is that the date the page shared by Energyshares was edited? How did you determine that out of curiosity?
Timster re your 19:05 post - yes they were. As I shared on here expected to be taking orders by mid september and supplying by end of september. Question is what went wrong ? Either way he expectation now is for the coming week as everyone is aware.
Ophidian
@wyndrum, just seen your post on travel industry testing,
Aviation and travel is my passion and I really hope I'm right in believing our test will become a big part in this industry
Totally agree with you that fasle positives need to be avoided for the reason you gave, however as regards price ( although I think we can be competitive ) I think there are 2 types of traveller, those who want to do it as cheap as possible and those like myself who treat a holiday exactly as one and want the best they can afford
I won't do all inclusive in Europe as I don't eat rubbish at home so I certainly won't on my holiday, but I've seen some people never leave the hotel on an AI because they'd have to spend money
I think accuracy will definitely come into play as it would be bad publicity for an airline if an outbreak of covid was to occur on a flight, I ultimately believe the airlines and or the CAA will have a say at the level of accuracy required
But like everything on this board just a view
Vegas - interesting post. Completely agree about the different types of traveller. Also don’t forget we are talking pounds between these tests so I’m not sure that on a £300 it will make much difference to a customer… certainly on a £40 easyJet it might.
I also suspect that the mix of customers will change due to economic pressures. And don’t forget the business traveller. Get into big corporates and the duty for H&S will bump up sales.
GL to all real hodlers minus the fud spammers.
Mowzerrocks, derampers will never tell you the LFT could be used to travel to see family and elderly people at risk, and that you would want the best for your loved ones to keep them safe.
And just to add travellers can be as fickle as investors
By that I mean if there were to be an outbreak on a flight a lot of travellers wouldn't fly with that carrier
That why I think the airlines will have a bit of clout
On main Medusa site they don’t mention the saliva test as a kit at all and never have, but Avacta mention theirs as a Kit.
The link I put on last night mentions consumer test kits.
We are very close now…..
https://avacta.com/diagnostics/products/
Ordering information
Product code 11711125
Product name AffiDX® SARS-CoV-2 Antigen Lateral Flow Test
Pack size 1 carton containing 25 test kits
Kit contents
25 lateral flow devices
25 buffer capsules
25 sterile swabs
25 swab extraction tubes
1 Instructions For Use
https://shop.medusa19.com/en_GB/taxons/covid19-tests?channel_type=default
Tests
COMING SOON - Consumer Test Kits
These test kits will be suitable for individual and home use, as well as workplace and healthcare professional use.
These will be made available as soon as possible after the required approvals have been obtained
As you know vegas, notwithstanding my general disappointment with our LFT, the TI was always the one global area that we could still have huge sales through.
It will be interesting now because we will be one of many tests available and from some big players too I imagine, so some folk might buy on a "trusted" brand name and not potentially trust the stats on our packet. (Hopefully thats when the marketing company show their worth.)
Still all to play for but I think its a higher risk than before when it felt AVCT were the one and only LFT player available.
Still too many unknowables, so we wait a bit longer.
But thanks for the courteous response
Check out Medusa delivery & product costs policy currently for Rapid Saliva Protein Test ( Not Avacta ) but gives an indication of their possible international selling reach .
https://www.medusa19.com/en/delivery-policy/
I wouldn't be surprised to see the airlines offering an all inclusive price with the LFD provided and high volume deals done with suppliers.
Ophidian
They have submitted their saliva test for home use also.