The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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.
Yeah you are right it is under 80p and after omega rns yesterday we all new surly the sp was going down
And this may drop to 50 again who knows, need to hang in there for a couple weeks dyor
If you deramping losers can get back in under 80 before this takes off then you’ve done well. Lol.
It seems we should see lot of positive news soon in the RNS. It will 2 bag atleast by next week. I'm confident after the assurance that I got. All good guys. Hold tight.
What a lot of people missed yesterday because of the events...
Test track and trace phase 1 starts today.... track down where the virus is.... I think this is going to be a crock of ****e
Phase 2 where has the virus been.... ie mass antibody testing
All under the supervision of Dido Harding, which includes taking it as far as immunity certificates.
It’s so clear to me that we are just waiting for the right time to fit into government strategy
Yes, EdCJones, I have found a magic money tree and so have Omega Diagnostics. It’s called the best, most accurate home based rapid antibody test on the planet for Covid 19.
I’m glad you like it.
I hold about 320k now.
I was very underwater in UOG and hoping they would release news on an upcoming drill so that I could sell out of it higher but the Sky News interview made my mind up and I dumped the last of my UOG holding of £7.35k and bought in here at 71p. Check the uog trades and you’ll see it.
I posted my buy on twitter.
Current ODX holding worth about £180k. That will triple and more very soon.
GLA.
Great post and valuation rationale. ALL adds up to a fantastic opportunity. Anyone who doesn't understand that the fundemental reasons for buying into this are stronger today after yesterday. Will fill up the tank if this heads lower.
Why just £7.5k then? If you can turn a 100% profit without even the capital outlay for a cash printing press? Sounds like you have found a money tree. Wow.
My final buy yesterday was for £7.5K at 71p.
That buy will be in more than 100% profit by the end of July.
GLA.
Morning all.
£1.80 pipes? I'll hold you to that.
I wish I had a crystal ball
On the morning of 26th April this board was going ballistic with excitement because the Daily Mail front page had an article saying the ODX RTC Antibody tests were coming and that the government was going to place an initial order of 50 million.
That article was confirmed as correct by company RNS yesterday.
Well put piper.......and thank you....
Nobody said £10 profit. You said the word profit. I used the words income and revenue, which is gross.
The tests will be sold at probably £5-£8, possibly up to £10, the margin will be anywhere between 30% and 60%.
Capacity across all sites is being increased to over 4 Mill per month for all products across the range.
Selling prices and margins will vary but if we take an average selling price of £5 and a margin of 40%, then that is....
48 million tests X (£5 X 0.4) = £96Million profit per annum.
At a very conservative and attractive P/E ratio of 10 that profit values the company at £1Billion.
With 150 million shares in issue that gives a share price of £6.40 per share.
That is for the future. The smart money in the market is seeing the profit and the value here.
The ODX share price will be £1.80 by the end of July.
They will be sold Sub £10,So the people saying £10 profit are a little out :I do wonder why!!!
I takes time to employ 25 new suitable people with the skills, train them, set up 2 extra shifts,bring in the extra materials and keep the materials coming in and going out at a massively increased level everyday.. logistics ,buying etc. ODX will be sound but it may take longer than we might think.
https://mobile.twitter.com/marcdicks/status/1265568844644524132
Pumpky, Just listen to the Sky interview.
Morning; where can i find the information that ODX are making £10 a test?
The Mcap here will be in the region of £250-£300Million by the end of July.
With 150 mill shares in issue, a share price of £1.80, Mcap of £270Million is very achievable now by end July.
The two biggest risks have been removed. The test has achieved the accuracy bar, it will be manufactured at scale by ODX and the gov will buy an initial 50 mill from the consortium, at least 20 mill of which will be supplied by ODX.
ODX will then go on to produce 100’s of millions of tests which will be sold at very profitable margin into both U.K. and overseas markets.
£300Mill Mcap/£1.80 SP by end July.
£450Mill Mcap/ £3 SP by end of this year.
Risk removed now. It’s just a numbers game. How many can they make and what’s the margin?
Millions, 30% to 60%. Big profits. Big stakes. Big gains. It’s coming!
GLA.