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We've been waiting quite a while now so hopefully one will be a long soon.
Lucky timing!
Huge news back to the 52 week high of 10p
That’s the news we wanted
Brilliant
Dry run for something bigger
For a spot of fun, what do we think the SP will finish today at?! Id love 4p+
1.5p that is absolutely sh it news no big contract a sh ity wee badminton tournament and a company no one has heard off
Back to 10p easy on that
Good news yes, but I doubt significant change to share price based on RNS extract below
" Albeit neither the Badminton England nor the Stone Bailey agreements will generate significant revenues for the Company, it provides a commercial endorsement for Synovate's offering".
Nope that’s irrelevant my friend
This dropped from 10p easily back to that level
Your a fools to think the mkt won’t price this up now
Proof of conscript and initial contracts in
Look at RMS rise
This is exactly the same close your short
Pizza time
Not yet but yes when it shows what it can do
"Huge news back to the 52 week high of 10p
That’s the news we wanted
Brilliant"
You think it's going to 10p on that news alone? 2 contracts that they have admitted will make a tiny amount of money. I think not.
Im with you Crizmo. It's 2 tiny contracts after what 9 months? They are not even exploiting the 'Immunity passport' aspect and just simply feeding the results straight into PHE.
It's not that the idea isn't sound its just this company are not getting any significant sales of an immunity passport system during a global pandemic. They would struggle to shoot fish in a barrel.
This isn't 'Huge news' its an admission of what kind of company this is - small fry.
Crizmo, it's a start so wouldn't expect 10p or even 4p. These type of contracts , as already mentioned on here, are proof of concept.
Let's see what transpires in the next 3-6 months, as I would expect that cliff edge to be a mountain edge!
Crizmo, it's a start so wouldn't expect 10p or even 4p. These type of contracts , as already mentioned on here, are proof of concept.
Let's see what transpires in the next 3-6 months, as I would expect that cliff edge to be a mountain edge!
Excuse the double post...fat fingers!
Most people are taking this news for what it is. I was replying to the ramptastic posts by Silverbackboy
A step in the right direction! Yes, it’s not the monster RNS but these look like perfect stepping stones to move in the direction of bigger things. National badminton, just shows how valuable this product will be in sport, what’s next? Hospitality/events...
I also noticed, last night there was a £12k trade shown on London Stock Exchange, there’s still no sign of it on here, I have my doubts on how trades are shown on here! I think this RNS give us some comfort, they are working on this, they are trying to win contract... all we can do is sit tight!
Does anyone know how many people were involved with each contract?
Main worry here is the charging structure. Not sure how big National badminton is but hardly provided any revenue?
GL.
taken from rns
Utilising the sales expertise of our newly appointed Chief Commercial Officer, Nick Delacamp, we are experiencing increased interest for Synovate’s services from organisations across a range of industries, and we look forward to keeping the market updated on further progress in due course.”
Here are some numbers of people who play - https://www.statista.com/statistics/899177/badminton-participation-uk/
Here is a report from the Bad Club - https://www.badmintonengland.co.uk/media/6696/be-annual-report-2017-18-final-web.pdf
Gives you an idea of how big/small this sport is - surprisingly they quote 975,000 people per month play the game. Both links worth a read.
Looks like their Chief Commercial Officer https://www.linkedin.com/in/nickdelacamp/ only just joined them. They have very few employees. All seems to suggest to me that actually this is somewhere near the very beginning.
From my understanding, the tournament consisted of 4 teams each with 8 players. Then there would be the coaches and ref. etc. So let's say 4 staff members per team including a medic and 2 refs. So ~50 people unless there was a crowd.
What I'm unsure about is whether there was a crowd or not, but based on insignificant revenue, assuming not.
From small acorns . The important part of the RNS was the fact that it can be used and incorporated into the NHS system . They now know it exists.
Surely Newcastle United , Middlesbrough and Sunderland Fc should be prime targets . You get your season ticket only on the proviso you get tested and use the app. It’s not difficult.
Amazed at some of the ramping posts early this morning "huge news", "back to 10p easily".
The RNS is so typical of CTEA. Long termers will remember from their blockchain pumps a couple of years ago that the only contract they ended up with was one with a lower league football teams' scouting network. This is like deja vu.
As has been pointed out many times, the people behind this company have no record at all of selling anything to anyone. Once again, they have totally missed the boat on this current app - as the market reaction via the share price has recognised.