Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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I think today or Monday
Late next week maybe after results or we get news prior.
They confirmed what posted from my email.. onwards and upward for all invested..
Unlikely today, but you never know. From Monday there should be a rerate and if the annual results and projections go well, further rises next week.
My forecast is that this time next week the SP will be more reflective, maybe 60-70p.
If I had 60p for every time someone said it'll be 60p next week...
I'll laugh my socks off if we do have a 25% rise today though
Sibloggs, what would be your reasoning for the SP not rerating and rising to a more reflective value next week.?
Sib you’d have about 8 quid
Further rises Legin? Are you having a laugh?
We haven't seen a rise since June 1st! Almost 7 weeks of decline now, circa a 45% drop from the 73p high! I'm very disappointed with the performance of this share and my decision to invest - I'm just hoping for b/e atm.
I really hope it does, but I've got a feeling I'll be waiting here for a while. Glad I didn't take up those options and lose even more ca$h
Sib,
So what you are saying is you just watch the share price every day, you have not got an understanding of why it is where it currently is and you have no inclination as to what is going to happen next.!
The only laugh I am having is at you.
DYOR.
Who knows where we are going today - hopefully up. Where we are I understand but doesn't make too much sense. I guess we just need to start seeing the orders ticking in.
Applying some logic and a dollop of hope .......
Still a bit amazed at the potential capacity. So originally we were talking around 100k to 200K per week and back then people thought a fair valuation was £1 to £2. Following placement and investment to increase capacity We now talk of figures between 500K with potential to go to 1m - now i'm not going to be shot down taking wild guesses at potential SP everyone needs to DYOR (Lets hope we can bring orders in to fill this capacity - which should be that hard looking at the world - if not just the UK) Covid and CD4 and food intolerance
I am expecting the voting of the resolutions to clear the way for a rise. Hope they turn around an RNS today rather than wait for monday but doesnt matter either way.
I'm certain the opportunity to pick up cheap stock is running out of steam.
It will be a very interesting read when they publish results. We may or may not get some little gems disclosed regarding trading update. Great to see they have a presentation planned. This is their opportunity to start turning things around immediately after the placing completes.
Remember these funds are for immediate significant growth in the company. It's not just to cover cash flow so they can go into a shell for the rest of the year until they burn through it. Most likely due to the covid opportunities they wont need to raise funds again. Newsflow is promised very short term.
It's been a tough few weeks, but i am really encouraged by Omega's ability to start turning things around.
I hate to disappoint merchantbanker but that is not omegas way. Only going on past experience
Nothing will happen in terms of rns.this inmv is just a hold stock. I've been holding 4 years now and overall up . Greed got to the better of me and should have at least halved my holding at 60.
One to tuck away I'm afraid.
For security we really do need food tech for home testing in china validated soon
Upomega,
Omega are a different proposition now than they were 12-18 months go. There has been restructuring to ensure locations/departments are providing a contribution, they have developed precovid markets, and now with RTC and Covid opportunities they are expanding.
The business is also aware of the need to improve his corporate perception and with Colin King at the helm he is driving the business forward in a solid and more professional manner.
MB has provided more than enough detail in terms of various forecasts, and if anyone researched appropriately they would conclude that MB’s forecasts are rational.
The future for Omega looks very good.
Upomega - i really think you are going to be proved wrong. It's starting to become clear to me that they recognise that the profile of the company has been elevated and they have to start to do things slightly differently. After all as the valuation goes up the PI wealth tied up in the stock grows so there is greater responsibility to consider the company from an investment view point.
I still think we will fly past 60 and up into the £s before too long.
Yes we should have a bit of a safety net with the food and CD4 approvals and we should expect news on these any time.
Agree with you merchantbanker and legin252. Excellent company to hold. I just hope ck doesn't get to whered out. He has done an amazing job inmv . The other danger is some other company my try to poach him. I'd rather the business was sold before that happens
I see neither happening in the short or medium term
Let’s hold off on blowing up CK s backside until we start seeing confirmed sales & money coming in. At the min he s delivered nothing. He s just guaranteed his and his staff salary for the foreseeable future with the placing....
He has delivered getting a ODX into the UKRTC, which makes this company part of the UK’s contingency planning to provide resilience against this, and possible future pandemics. This underpins the company in a way which other Covid plays just don’t have.
His and his staff salary are already guaranteed they are a profitable business.