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According to Capital that disclosed Dyson's 10k contract plus 4000 for other countries the demand in the UK is now 60K NOT 30K!!
The US has about 6x as many people as us and the NY governor wants 30K today so go figure lol
going to 50p? so 25% lower than from levels pre-nhs contract?
aye. good luck with that.
UK and US
Peak demand in which country??
As previously mentioned peak demand is 2-3 weeks away at most after this there will be a surplus of units as people needing respirators returns to move 'normal' levels.
Unless a order comes in the next couple of days the window of opportunity is missed. More likely this share going to 50p IMO
within 10 trading days!
to finish selling - cannot be long
As more people are in intensive care through CV they will need acute and ongoing care and those that are the worst affected that go on to survive are likely to have ongoing respiratory issues as a result of ARDS acute respiratory distress syndrome
Our own brand of critical care solutions span non-invasive respiratory management, thermoregulation and patient warming for newborns through to adults in intensive care and the operating theatre, whilst our distribution business in the UK and Ireland supplies solutions to support specialised surgical procedures and infusion therapies.
It’s not just about the first big peak whenever that truly comes as sadly we are going to be needing volumes of ventilators for at least a year as CV infections continue to peak and fall - it will run in cycles but to be honest no one really knows.
Reports today that Hong Kong and Singapore are starting to experience a second wave
Anyhow, IHC have large orders confirmed and are progressing them which materially affects their bottom line
My point yesterday about the turnaround time for the ventilators and missing the 'peak'
Well watching Newsnight scuppers any deal in the UK :)
Peak demand for respirators is in 2 weeks time. It is believed Dyson will start poduction around 6th April of first devices that need to be approved for use by medical standards. No other company in this advanced position even the consortium say they well behind.
So essentially by time 11000 units are made by Dyson most will not be required as the peak will have past. These may well be shipped to the US who are maybe 3 weeks from peak if they even get there in time.
So it is looking increasingly likely by the time UK companies get round to making large orders of the respirators the peak will have past.
Forget lost opportunity for the company what a distaster for peoples health in this country. Absolutely criminal from te government we are 99% likely to not have enough respirators to help people.
So, from a previous RNS it sounds like one of their main suppliers is based in the US. So surely they are in a great position to fulfil some of the significant demand from the US in the coming weeks.
Kk, good questions, I would suggest IHC have taken a very logical approach, they have taken both direct orders and are expanding production capacity to meet the increased demand and they are also providing IP, technical guidance, etc. and are leveraging additional production capacity via the consortium they have joined, certainly worth researching for a few moments if you have the time, the consortium are also looking at global supply requirements and with the ventilators being built to meet the MHRA specs and standards, it will fast track the global supply opportunities,..GL S
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874279/RMVS001_Rapidly_Manufactured_Ventilator_Specification__PDF.pdf
Heavily ramped share this one.
Key questions
Demand for ventilators is now, so many companies already producing them. How long will it take this company to agree contract/due diligence, then manufacture the products? Then ship to USA.
What is the companies spare production output considering they already have a contract with NHS in place?
https://twitter.com/bbcsimonjack/status/1242904933520887810?s=21
Just published and should get things moving for IHC and their consortium,....GL S
https://www.gov.uk/guidance/exemptions-from-devices-regulations-during-the-coronavirus-covid-19-outbreak
Yep that 1.65% (627k) was crossed on March 23th. Yesterday (24th) we had a volume of 1720k and today 662K so 2382k in total which is near 4 x more than 627k. Anyway fundamentals here are about to shine through
Lombard Odier announced a large sale of stock around 21st February leaving them with around 2.5m shares. Between then and 20th March there were about 0.95m shares announced as trades (either buy or sell) in total and a further 2.85m traded on 23rd & 24th March. Assuming half of (0.95m +2.85m) or 1.9m were sales by Lombard Odier they were left with around 0.6m (1.65%) as they announced . I don't have today's total trades but perhaps they still have a few more yet to sell of that 0.6m - hopefully not too many more! Unlikely another large holder would be selling at this time at just over 70p.
People bought in SNG and were spiked with the fund raise. This has barely moved....
Traders out, Lombard out. Support in an 71p. Now poets see some volume. Contracts and this is.over 100p in a flash
All wave...
I'm not concerned, it will happen - only when the rest of the market moves the other way
strange market day.... so you're telling when the world is on lockdown for the next few months shares can bounce 30+% with no income lol
Two small block sells in the last 2 hours (1500 and 2400). We could be free...
Buy and hold at these levels. A 10% fall.is way over done. A £21K buy at 84p indicates where this will be flying past near term