Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Freedom of what exactly?You don't get immunity.It just tells you if you have covid at particular moment in time. Its not a guarantee as neither is the vaccine but at least that is a recognisable precaution to travel, once they sort out proof of vaccine. If every time you went you to a concert or a restaurant most people will not pay £50 for a test on top, which is why I said that will have to covered in the ticket price or the meal.
The current price for private testing for flights etc is £100+. To be able to get checked and then have a negative certificate on your phone really is a game-changer.
FDA soon come..
£50 for a 20 second test seems a bit over the top. Presumably airports, theatres and football stadiums will be able to do it cheaper or add it into the ticket price because nobody is going to pay that.
Must admit I saw this as a chance to take some nice profits (again). If I am wrong and it surges then tough. A deeper dip and I will come back in if I haven't reinvested elsewhere.
Testing has commenced at the new testing centre in London using Virolens. Take a look at https://instant-covidtest.com/
Expect this to be the first of many such facilities opening in the near future. It will dawn on investors eventually this is the real deal. Polar are obviously convinced - bought 5% last week! Buy now at a knock down price!
What's the twitter sign for this one - is it #ttg, #virolens, or #iabra or all?? This little gem seems to be hidden on twitter??
Great to see this moving. With more than 50 percent shares with II's am positive that the SP would move north soon!! It seems that we need good PR to spread this superb news!
Pretty positive Polar now picked up +5% from scratch.
No BlackRock selling TR1, we have had volume.
Schroders gone above 5%
SP down atm. It’s the normal pattern here. SP seems to play catch up several days after news.
Trek
I opened a position here today. Interesting to know that Institutional investors are joining here as per the RNS today. Am confident that the Virolens test would be the perfect solution for testing for mass events. Great to see this getting MHRA approval too.
This is a Motley Fool article. Dont bother reading it.
I am surprised that most of the Sunday papers have not picked this up. After the FT gave Virolens poor PR in Sept '20, now that the MHRA has approved Virolens manufactured by TTG you would think the FT would at least accept they got it wrong and publicise this British technology.
Interesting that Schroder bought back the 5% 10 days ago, that they sold in September. It is rather sad that people feel the need to make rash statements like blowing Virulent out of the water. There are many potential tests kits out there, they possibly all have a place or their own advantages and disadvantages. For Virolens speed, cost , accuracy, adaptability, and convenience puts them on the front row IMO. The significance of a 20 second test compared to a 5 minute, 20 minute or 2 day is going to make it favourite for queues at airports, sports, hospitality and entertainment venues.Giving returning customers the confidence that they are in a safer environment. I am pleased to say that this time I have had a reply from Histate about Virolens. I am surprised that they still require approval abroad. Keyoptions who handle the Australian/Asian distribution told me they received kits for test approval back in November. It must be pretty much a formality if they are not already about announce approval there too. Gl all
I read it in the week. A pe of 18 is actually very cheap for a tech stock and the debt is not yet reflective of our acquisition.
For sure the company needs news of orders but the orders won’t come until after the regs. Now we have the regs the sp is an anticipation of the order pipeline.
It will be a little bumpy but the pe will soon be in the 40’s on the first orders and then beyond.
We are looking at a transformational product, just a few million in orders will have a huge impact in the sp and ability to pay debt or more likely invest organically.
With the kit being recyclable we mag also attract some ESG investors, albeit some may stay away from defence. When we get above 500m mcap and that we pay a divi should generate new investors and a much higher sp based on new sales.
The video shows how there would be booths of these things. Once you have had any valid test I expect you can just swipe a QR passport for a couple of days which will speed things up.
Trek
The Histate website https://www.histate.co.uk/virolens-test-centres.html shows how testing procedure works and is logged and certificate issued via an app.
Looks like it could be a game changer.
Im sure the Units will be In mass production already for the impending massive order announcements!!
My big decision green or black?
I don't have any sort of background in the science to determine if the Virolens technology is for real. So here's my take on this:
The bull case:
1. The test has regulatory approval. Would this happen if the results data was poor?
2. Tech giants Dell and Intel have thrown their weight behind this technology. Would they really get involved if it were a scam? One would presume they have done their due diligence.
3. The Heathrow trials seem to have been a success with the airport CEO voicing his approval. One would assume they tested a significant number of people during that 3 week period to get an idea if it works. If the data had been poor would they really have proceeded with the regulatory approval process?
The bear case:
1. Very little is known about the start up iAbra behind this. Seems a bit far fetched that a few guys could develop this technology themselves, where well funded global behemoths have so far failed.
2. The press release in September and subsequent put down by the FT did not help the PR case.
All things being taken into consideration, in terms of risk/reward I feel this is definitely worth a punt. TTG is a solid, growing business with the current price being a reasonable reflection of the prospects of the underlying business. The downside if Virolens fails is not huge in my opinion, maybe 15-20%. Now, on the other hand if this takes off, the upside is multiples of that.
*I have a position.
There’s some sad people on here! For those who don’t have TTG please stick to your own BRH blog! Embarrassing - gutted that TT have approval and come on here to discredit TT - they have approval simple!! Not even an embarrassing FT write up back in September can take away the gloss!
Read The BRH blog - they are jealous of TT/ viorlens !!
Every town hall /library/doctor surgery/factory/stadium/airport /cruise ship /test centre /school /university should have them, the list is endless , mindboggling potential, worldwide ! Lets get the world moving TTG
The MHRA are obviously convinced by the data submitted to grant approval. Reportedly a trial was carried out over 3 weeks at Heathrow during the winter ie since September when the ft article was issued.
Hopefully some of these will be put into use very soon and I think then orders will snowball.
The Histate website https://www.histate.co.uk/virolens-test-centres.html shows how testing procedure works and is logged and certificate issued via an app.
Looks like it could be a game changer.
Massive orders will be announced all in good time imo , steady flow of them , constant good news flow , pretty sure ex divi day wont see a 4.7 p retrace ,as by then it will be less than 1% but still a nice divi to have at the current sp . Sure we would get a special dividend payment down the line, possibly more than the current share price ! That will be nice, a free top slice
I think iAbra will order from TTG in advance. They will need a number on the shelf now I hope we get an RNS for orders soon.
I don’t see this unit being used for football stadiums, or even theatre’s. It fits turnstile scenario’s where there is less pressure on queues. Like an office, getting on/off a cruise ship, police station, casualty that sort of thing.
Imagine if you were about to go to the match and had a positive test....say no more! But there are hundreds of places where it can be used especially as it picks up other pathogens as well.
For sure if thousands of these units are ordered it will be a big deal for TTG.
Trek
The herd moves in mysterious ways....
Check BRH rbs they have just own this right out the window!
This is the opinion of many people, but most wear masks, most got vacancies, most kept away from family, most followed the rules, so with this 20 second test, most again will follow, if want to get out from the home, it is what it is....
"I've just clicked on "see all comments " for that D M article for a very revealing portrait of their readers opinions....
My flabber has never been so gasted.
Truly awful."
That's the Daily Heil, preferred reading of the Brexiteer gammon fascist...