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And by the way, a great new business story presentation regarding the clinic business approach
the next provider which will use the GDBY phlebotomist network. Pretty big one. GDBY gets 30-40pounds for each appointment.
https://www.investegate.co.uk/yooma-wellness-inc.--yoom-/rns/operational-update/202302100700045144P/
Another one
If we review the figures puroprted in the current investment slide deck they are way wide of the mark. We need more realistic expectations. Geremy has stepped away once before only to return. I don't think he will return again now that George is CEO. I am confident that George will make a great success of the business but it will be a long time before any of us see the benefit of that. Love hemp story is real shame for investors
It seems to have been planned for a long time that Geremy would step down as CEO.
The number of clinics has been reduced somewhat. There are currently 232 locations. Of these, 138 offer venous draw blood tests. 54 are from Superdrug. So there is still a potential of 94 clinics to roll out the blood tests without having to add new ones.
Have a look at Love Hemp
https://www.thetimes.co.uk/article/ae892020-a8cc-11ed-9c9b-9439987f775c?shareToken=49b02b8fe8a2f55c83af43943edf9b5a
Who is now still not happy that GDBY diversified their busniess?
I am sure that with the Q1 slide deck reveal there will be big announcements. They are very good at diversifying. The clinics numbers have dwindled further which they seemed to have stopped pushing. George seems very confident for the year ahead so there will be a solid plan. Not so sure about the share price though. It is on the floor at the minute. Extremely disappointed with Geremy for that. He tells long term holders to hang on in there and then steps back from his role as Exec. Very poor.
They are moving really slowly.
I think next will be fins and hopefully a new investor deck which shows a more realistic outlook than the presentation before.
Still fingers cross that they cann sign some more partners for the GDBY phlebotomist service. Becoming partner of some insurances would also be nice. I'm still hoping for some moves from the NHS to shift services into the private sector.
maybe more providers. maybe NHS trial participation.
nobody knows
If this is just the start what is coming next? Clearly sitting on more projects
They are moving in the right direction. Good news. I had some chat with Anne already this morning to get some more details and to understand int properly.
Looks like that in UK is an existing shortage of phlebotamists. GDBY is in a good position with its 90 locations which are currently offering this service including finger prick and venous blood draws.
The mentioned providers will use this service from GDBY to get their blood testing sold to the public. GDBY gets paid for the service offer (like a NaaS solution) and gets a fee per done test. The provider will take the lab costs for those done test.
At the end GDBY is able to increase their revenues and in parallel they will reduce there costs.
It helps to fill the unused potential of the netwrok. More to come.
Thanks. Progress feels very slow at the moment. Hopefully lots going on in the back ground
i asked GDBY about the decrease.
They checked all locations. Most of them have been offering earwax removal. GDBY figured out that in this locations the competition to others have been quiet hard. So they decided to stop it for econimic reasons. Some others have been Finger prick or Covid only locations which have been closed to econimic reasons too.
The count for clinics which are offering the relevant blood tests is still the same.
Great concept though. See we have lost 15 clinics??
Since today GBDY is offering this one:
https://health.goodbodyclinic.com/product/early-cancer-screening-blood-test/
Who is buying this if not getting it refunded from the NHS?
I'm with Hargreaves Landsdown too.
Hargreaves Lansdown
Hi guys,
in Germany we are not able to have access to our shares because there is no trading possible since August 2022 and there will be no changes on this situation for the nexxt month.
I wanted to figure out which Broker is the one with the best conditions in the UK. I maybe need to move my deposit.
Thanks in advance for your support
Anne is not going just stepping back. To much workload. Needed to reduce!
More Board changes. Really disappointed to see Anne going. Geremy will always be in the back ground but still disappointing.
I hope you all had some relaxing days with your families.
If 1pound comes into play would be great to be able to trade my shares again in Germany. :D