Member Info for 2phevs

Cheers GB that's the one.... that 250k came through at 2.30 must of what triggered the second rise.....MM'S must be short of shares if a 40 grand buy moves things that much

Think it's called a coffee cup chart?.....well known I believe jabberba

Wonder how many more will come through

Yeah GB imagine what going to happen when the USA advanced contracts get announced via RNS then ii' do research and find out Ondo already sorted the extra capacity needed

News spreading

https://www.lifeinsuranceinternational.com/news/ondo-to-increase-capacity-following-demand/?cf-view

More of today's news spreading

Ondo InsurTech (ONDO), a company in claims prevention technology for home insurers, announced that it has increased production capacity at its UK contract manufacturing facility in light of significant increasing demand for LeakBot, across the Company’s key markets but in particular in the United States. ONDO said it is great news that the UK facility will now be able to meet a significant increase in demand. Coming announcements about our partner-led U.S. expansion will clearly demonstrate why now is the right time add the second production line at Asteelflash.

Comment: ONDO quite rightly reminds us today that it is aware that capacity is key to the development of any growth company. It looks to be in a good place to meet demand from the key U.S. market.

https://www.share-talk.com/rns-hotlist-with-zak-mir-hex-road-good-kmk-ctl-obi-ondo-cyan-ctai-bell-sou-src/

Thanks for understanding LOTM

BTW Stephan probably blocked after I mentioned his tan after the webinar

He loves to go to Cannes (pronounced "can") to get a good tan......he should use that description in his linkedin heading HA......au revoir bonne chance

Podcast today starts at 19 mins mentions the 50p target

https://audioboom.com/posts/8597521-labour-are-lying-they-have-broken-a-manifesto-pledge

Other article on here today news spreading

https://www.lse.co.uk/news/ONDO/in-brief-ondo-insurtech-expands-production-capacity-amid-us-demand-gkbcwxex4t9hgf1.html

Hi LOTM

Never really used ADVFM too many very nasty posters on there so rather not do PM sorry

Anyway here goes I'm actually just over a year into LinkedIn I only went on it to follow as many people on Mirriad as possible because I put all my eggs in that basket as such....so perhaps the MTH thing is just for people actually on LinkedIn as I remember you said you didn't have an account and maybe premium accounts have extra settings...I've looked at MTH and still see all prior posts so maybe trying setting up your profile....FYI Stephan has blocked me and MTH has unfollowed me.....GL

Just a shame it wasn't jumped on large enough or quick enough over here.....Ondo had to follow the money to the USA and it looks like it's about to be paying off big time imminently

It's a reach news announcement on the London Stock Exchange that gets bunched with RNS's Red0rb you can find it on the same Today's News page along with RNS's

Will become a RNS's soon when one of these (as Craig put it today) late stage Dealssss is officially signed

Graigs just reposted the Ondo linkedin post adding "the late stage DEALSssssss we are working on in the U.S.A"

There was defo some US insures group counsels reacting to Leakbot posts last few weeks they only get involved with crossing the T's and dotting the i's

Here's his repost

https://www.linkedin.com/posts/fosterc_ondo-activity-7256572488669630465-oyCk?utm_source=share&utm_medium=member_android

Ondo's linkedin post about it states it "HAS" increased production capacity

https://www.linkedin.com/posts/ondoplc_ondo-activity-7256564361685573632-FA1u?utm_source=share&utm_medium=member_android

Especially with all the reactions from US insurers to Leakbot related ITC linkedin posts

Ondo InsurTech plc (LSE: ONDO), a leading company in claims prevention technology for home insurers is pleased to announce that it has increased production capacity at its UK contract manufacturing facility in light of significant increasing demand for LeakBot, across the Company's key markets but in particular in the United States.

As previously announced, the Company is in discussions with a number of large US insurance companies regarding new contract opportunities and significant expansions of existing partnerships. These negotiations are now at an advanced stage and the Company anticipates that further details will be announced shortly.

Ondo has agreed to make further capital investment in a second dedicated production line at its manufacturing partner, Asteelflash in Bedford, England. This investment will increase the current production capacity at the facility from 10,000 to 40,000 units per month. The Board believes that this will provide sufficient headroom to accommodate the planned increase in demand from the United States.

Craig Foster, Ondo CEO said "It is great news that the UK facility will now be able to meet a significant increase in demand. Coming announcements about our partner-led U.S. expansion will clearly demonstrate why now is the right time add the second production line at Asteelflash".

https://www.londonstockexchange.com/news-article/ONDO/factory-capacity-increased/16734203

£100 MILLION fund sorry it states on his reply to Craig

Also been alerted to an extra reply to Craig from the Waterwise chap something about a £100 efficency fund been launched by the government next year !!!!!!

https://www.linkedin.com/feed/update/urn:li:ugcPost:7255497120621686785?commentUrn=urn%3Ali%3Acomment%3A%28ugcPost%3A7255497120621686785%2C7255500298268340224%29&dashCommentUrn=urn%3Ali%3Afsd_comment%3A%287255500298268340224%2Curn%3Ali%3AugcPost%3A7255497120621686785%29

No worries Geoff

Ondo can definitely can help/satisfy all parties concerned about water security and the best USP is the customer can install it themselves rather tha getting a professional plumber in to do it £300 × 8 million = £2.4 billion way toooo much......any leak detection options out there that need to be professionally installed are not going to cut it on a mass market scaleable model.....not just the cost but manpower issues as well...... whereas Ondo just needs the 1st % fix to sort then reep the income

Come on Eph MM has to walk in everyday and look staff in the eye that bought at £5 with the hype and then double shaft them on Remainco.....I hope he's decided to go out on a high for all those that got him amazing facilities (paid for by softies and numpties) that he owns and leases out to trusted businesses....

Along with a fairly recent linkedin post about a new THG Beauty CEO (could just be an inner division so this is speculation) that could mean Lucy Gorman taking over and MM finally concentrates on being a landlord??

Can't believe I missed this a couple of days ago....Waterwise CEO quoted in governments launch press release....this could be perfect timing for Ondo

Nicci Russell, CEO of Waterwise, said:

We welcome this review, its wide scope and the collaborative way the government is approaching it. We agree with the government that now is the time for a reset in the water sector - nothing happens without water, so access to water needs to be at the heart of everything the government does.

We will aim to put water efficiency at the heart of the Commission’s work, and look forward to working with Sir Jon and his team of experts to do this. The first objective in our Water Efficiency Strategy to 2030 is that governments and regulators show clear, visible leadership for water efficiency and reflect this in their policy and regulatory frameworks.

We are also delighted to see that Ministers are placing environmental and social outcomes as equally important to economic ones - because nothing happens without water. This is a great opportunity for the water sector to play a part in the Government’s mission of national renewal - not just in delivering a vital public service, but also in playing a proactive role to ensure a just society and a strong economy.

Here's the article from gov.uk (probably why I missed it) which the Waterwise recommendations fit into my idea model

https://www.gov.uk/government/news/governments-launch-largest-review-of-sector-since-privatisation