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Yes typical Dcooper. Most will be varying degrees of disappointed to expectations.
Bring on the jobsworth self appointed BB moderator DCooper to fawn all over this with gushing praise and report anyone with a differing view. No doubt Natdan can shout abuse from the guidelines. It's hardly blowing the doors off and let's see the share price reaction to judge who is right. Why was this delayed
The one thing we can deduce for ourselves is the revenue we are making per Clarigene test and subsequent testing.
1 mill revenue for 20k Clarigene tests and subsequent testing is £50. Probably £10 for the clarigene test and £40 for the testing.
An extra £1 mill a month and increasing not good enough for you twix? You really ought to sell you holding.
typical.
The million monthly of revenue aimed for on 20,000 tests per month equates to £50 a test. How much is actual profit is clearly unknown, but projected volume would seriously have to be ramped up to majorly impact the coffers.
You are correct jadam. I want to see extreme ambition from companies not mediocre.
It's worth repeating. A vaccine is not far away.
Germany and now here expecting nhs staff vaccinations starting December being very possible. However sliced. It's not far off and will cross over with our uprate in tests in a crowded market. Overall this TU is business as usual and creates my cynicism. Predictably disappointing for us in what would be a good performance without our delivery expectations.
Not sure what exactly to make of that.
In covid times a 5% increase is impressive, but I thought LR had made comments relating to holding up very well etc leading me to believe we would be closer to forecast growth.
Not sure how "capacity is being further expanded to 20,000 tests per month which is due to come on stream in the third quarter."
Equates to
"Now focussed on delivering 20,000 tests per month, which we hope to have in place by January 2021."
Good to see a figure given on tests.
Disappointing at the delays.
Otherwise no blowing the doors off and would hope for more supplementary. Could have issued this without delay too! Expect a spike at best and unfortunately over expected and under delivered yet again.
Ha ha
You my friend are coming across as a bufoon or someone who really wants this to dip today
Make your mind up peeps
Not sure why they had to wait nearly a month to release that.
I take it that is our 3 monthly covid update as well. Not a mention on figures for the Clarigene test. Not a mention about its evaluation by 10 organisations. 3 months from here to get to 20k tests a month.
LR sticking to his modus operandi of giving us as vague updates as he csn get away with.
For all his blustering and positive blustering over the past 6 months like he was the cat that got the cream, we can see now there is no cream.
Late to the party and the party will be over before we get a slice. In the meantime our core market has been affected, despite 6 months of being told our core markets were holding up very well.
Well I guess in true Ygen rns fashion, hope the next rns is the one.
That's not a bad thing , since a vaccine will be released soon.
So that’s why Mr market declined to re-rate Ygen into multi-bagging territory. Back to core business expansion it is then.
12m a month is nice but where is the ambition?
£1m a month doesn't justify the fund raise and current market cap. £1m is probably what novacyt do in half a day now,!
Its the forward looking statement you should be looking at. Ramping up to 20000 tests per month equating to an extra 1 millino a month in sales thats 12 million extra a year v nice