Member Info for andip85

While the news isn't what people were expecting (there was talk of a multi-billion contract, NHS, USA, Mars) what exactly is "priced in" at the current SP? Genuine question.... Surely the current SP reflects a machine not working, no orders, no volz contract etc etc and not "multi-billion deals"...

The news that Volz is producing is a positive thing - they now have the capacity to fulfil LARGE ORDERS. This is movement in a positive direction. Just cos their own machine doesn't produce 5 mill/month (and to be brutally honest, if you wanted 10 million masks would you be willing to wait 2 months to get them? No.) - the answer was ALWAYS going to be outsourcing manufacture. This has been said multiple times before - the deal with Volz is pretty key to moving things forward. They now have something in place to allow demand to be met with supply.

I agree, this isn't the best RNS in the world - but there are some positive points in it. The SP will likely tank today (although with the number of derampers in force it makes me wonder if we'll actually see a rise - usually crap RNS's are ramped to hell only for the SP to dive)

Just my opinion, DYOR.

Penny would be amazing - here's to hoping!!!

There always has been a decent level of confidence down at these levels over the past few drops. No doubt we'll see the usual rise up to 1.8-1.9 next and a fall back to these levels as people get out. "Easy" 20% if you're willing to trade as the share flaps around a bit....

Just my opinion DYOR.

Agreed. My only regret here is not being a bit more confident early doors (had a couple of chances to top up but shy'd away). Average 6.65p currently, but happy to watch the rise and see where it goes!

Good comms, sensible fundraise and hopefully a success in the upcoming drills. Obviously a lot of risk if things don't pan out, but the upside seems good from there.

Just my opinion, DYOR.

Added a few more here yesterday on the "ride the waves" tactic - as we seem to get drops and increases (1.5->1.7/8) on a relatively regular basis. Not a massive swing, but every little helps...

Wish I'd waited now... Hindsight etc etc.

I'm closer to selling than increasing my holding any further than this though...

Just my opinion, DYOR.

Agreed Torre. I'm looking for break even then I'm out. The longer this drags on for, the less and less likely that looks. Just trying to ride the peaks a little and makes a few quid here and there on the rises and falls.

I'm almost at the point of cutting my losses here which is pretty crap to be frank. I think the mask is fantastic - the other products from P2F are as well - really neat tech which could have masses of uses. They should be shouting from the rooftops.

We've had no PR (which was expected)
No comms (which were promised)

The odd tweet or email saying "we're working hard" - it's easy to say that but I have no doubt they are. We just don't know what they're working on and total radio silence just leads to the SP ebbing away as people get fed up and go elsewhere.

It feels like a bit of a kick in the face to be honest. Especially given the shareholder support for Dr Cave. I believe the recent changes will offer better long term prospects for the company. TB would likely have led to a short term increase in SP - but perhaps long term things wouldn't have been quite as rosy. (TB is just after cash - follow the money. You'll do well if you time your in/out correctly - but otherwise you're likely going to loose out).

Just my opinion, DYOR.

They could well be sells based on some dummy trades #smokeandmirrors.

Hope I'm wrong, but sure looks like someone is offloading today - really hope this doesn't mean there's some bad news to come shortly...

Just my opinion, DYOR.

Did make me wonder if the rise was orchestrated to get off a better placing price. Seemed to rise and drop back pretty quickly on no news. Rewards those who have held since the IPO and who have brought in before now (excluding the rise) which (if intentional) is nice to see

Just my opinion, DYOR.

Ditto. Sold 1/2 around 5.x and brought those all back now at under 5. Dropped averaged from mid 8's down to the high 6's. Still well underwater (and more than I'd want to be to be honest) but a lot happier to have averaged down and have some cash left over.

IMO the drop was overdone on Friday. There are still legs in this company - BUT it's come a LONG way in the last 12 months. Plenty of people sat on massive profits so totally understand why people would sell out and take their money.

Just my opinion, DYOR.

At this point, break even (so ~ 2.5)

Just my opinion, DYOR.

Hopefully... Managed to sell some mid 5's and buy back in a couple of transactions mid 4's. Dropped averaged down over a pound (still well down here though) Could certainly have played it better with some earlier sells as the RNS dropped but overall moderately happy.

Wasn't sure whether to top back up - but made sense given the average and this does seem overdone now. Same number of shares as before for lower average and a few quid left over. Small mercies etc.....

Just my opinion, DYOR

@jojo - they may have had to issue a speeding ticket (which would have been worse). Todays RNS may have been the lesser of 2 evils...

Agree though, doubt we'll see an RNS tomorrow....

Just my opinion, DYOR.

Cheers SH786

Anyone know if the 4 million trade at the end was a sell or buy? (I know it's showing as a sell, but that doesn't mean it was - there was a drop close to close and didn't have my eye on things at that point)

Just mu opinion, DYOR.

@jojo - unless their hand was forced. There was suggestion that the BOD didn't think this was RNS worthy yesterday (who knows whether this is true or not or whether people actually spoke to the company etc etc).

Clearly there was an uptick as a result of the news so the market took it as a positive - and if this continued today then it's either RNS the news (irrespective if it's deemed significant by the BOD or not) or issue a speeding ticket...

Just my opinion, DYOR.

You mean like a TB style "OMG WE'RE GOING TO THE MOON!!!!1111ONETWOSIXYTHREE THIS IS SUCH AN AMAZEBALLS RNS BUY YOUR SHARES NOW KTHX"

It says what it needs to and is to the point.

Just my opinion, DYOR.

Agreed JP. Slick and easy both times I've ordered.

While it's not an epic RNS not sure it's that bad... They found a problem, figured out the solution and have a fix waiting to go. It's good they're thing they're using material from their new location too.... Forward thinking..

Knowing TOM this will take a hit today, but I don't think it's a bad update personally...

Just my opinion, DYOR

Stats from April last year (which are probably still relevant now) was 60million masks a week for frontline workers. There's not a cat's chance in hell we'd get a look in at that sort of volume. If anyone things every nurse in the country will be wearing these masks it's a pipe dream.

Settings like care homes I can see as a viable target market, and companies such as cruise or airlines or delivery companies, pubs, restaurants, chefs (for example) . Plenty of relatively close contact and chance to spread, still required in high volumes and likely willing to pay a premium - and likely better than the 2 ply or "used every day for 6 months" fabric masks many will currently have.

These can be shifted in volume - at the end of the day they're still "single use" - just have an extended use period. Better for the wearer and others due to anti-viral properties etc - perfect for retail, food and travel IMO.

This is not a deramp - just, in my view free PPE in some care settings is unlikely to hurt us.

Just my opinion, DYOR.

This was my read on the involvement too - they were taken on to help get the machine up to speed, but also in other areas of relevant advice. Not entirely sure why Lemu weren't responsible for getting the machine up to it's stated capacity though - you'd think capacity would be written into a contract somewhere....

Just my opinion, DYOR.