The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Now that Yourgene has been registered on the government website as one of the test to release and general testing providers, I expect take up of this test to increase towards full capacity. Most countries require a pcr test now when flying from the UK since this news of the new variant. The government website exposure added to the increased requirements from other countries will have a significant effect. Not to forget the existing testing yourgene already provides to many other sectors apart from travel including currently providing testing to over 20 partners.
Also with news of two USA reproductive health contracts to be announced once finalised in the near future. These are in final stage validation so hopefully should be announced soon.
Lot's of things to look forward to in the near future and long term. The re-rate and push to ATH begins. Bring on 2021!
GLA
YGEN supply this test to 3 out of 7 Genomic hubs. Liverpool is one of these, I'm not too sure who the other 2 are.
This is a fantastic test which most importantly saves lives. I expect the take up of this test to significantly increase soon, especially in the Americas.
Scotland have also been conducting trials/assessments of the DPYD test. Results should be due soon and hopefully YGEN will be the sole provider as it is with Wales.
Have a look at the most recent NCYT update they analysed in silico too. Furthermore YGEN are also conducting 'wet lab' testing for further confirmation and assurances.
This is all positive and good quality control check.
This RNS reaffirms how good the clarigene test is and further evidence will be provided. Being on the government website is fantastic, an excellent way of further promotion. I'm sure LR reads this board as this is what we asking for this week... lol
Well onwards and upwards and hopefully the testing increases significantly over the next few months.
GLA
https://yourgenehealth.livevacancies.co.uk/#/
Recruitment required for night shift covid-19 testing lab team leader.
Surely the demand must be there for all this recruitment and that too for night shifts?
Pcr is definitely here to stay and the clarigene test is one the best on the market. Come on YGEN get it promoted and start selling them at full capacity!
Good find Niptsteve!
Believe it or not but some Pis do look at BBs for further insight into companies. With daily trade numbers low as it with YGEN, having balanced views on this BB helps. All I've been reading over the past few months is constant negativity and bashing. A balanced discussion is better and much more healthier. I have criticised the company where it's due but also you have to discuss the positive part of the business, the reason why we invested in the first place and why we are still here. If we really didn't believe in the company then I'm sure we would have left by now. You can only bash your investment so much and that's why there are some on here I believe are not even invested, with hidden agendas at play.
It's been a tough and rocky year for YGEN amidst a pandemic but the future is bright. A strong foundation has been laid to propel the company further. But there are many aspects which definitely can be worked upon and improved.
GLA
Bakky the list does go on. YGEN is a fantastic investment opportunity contrary to the misery which is shown on this BB. People with hidden agendas who have nothing better to do than to talk down a company, not just once but all day everyday. Pipe down and move on to pastures new. I'm sure you could find another company which you could hate.
We all know the current price is a bargain. Even Twix and all his aliases know this.
Anyways onwards and upwards!
GLA
Sorcerer, the more exposure we have of our tests the better. If we are one of the first few companies to announce that our tests can detect this without reducing the efficacy then it further proves how good our test is. Surely then sales would increase as this would be a massive selling point. What's to laugh about that??
Product is fantastic, upto 20,000 capacity would be available and would hopefully speed up the process for further international regulatory approvals.
All not bad for a small part of the business which was added this year!
Colsoul, thank you for telling us for the umpteenth time that you sold out and that you have a a few shares left. If you really want the best for PIs on here then move on and stop bashing the company. Constructive criticism is accepted but the same regurgitated rhetoric is hilarious. Come up with something new and constructive/warranted if it's negative.
This BB is very toxic, filled with negative sentiments and hidden agendas. You can see it from a mile who are genuine investors.
Tis the season of goodwill, enjoy your time and have a nice Christmas. Let's have some sort of positivity back.
GLA
It definitely would be prudent to reassure the market that our dual viral test is able to detect the new covid strain.
Market sentiment around yourgene would surely improve. RNS tomorrow morning or over the next few days would be helpful.
Twix the fact that you admitted to having even one alias says it all. Can't believe you would still keep posting even after being caught out. That's why you bring comedy value to this BB and nothing more.
Why can't it be a single bagger from here? I would say it would easily do that and much more. Once ISO15189 accreditation and regulatory approvals in the international market are in place this will increase sales significantly of yourgenes current products. New contracts are on the horizon, new products are in the pipeline and yourgene have a range of fantastic products and services currently. We are also in the molecular diagnostic sector which is hot atm and will be very significant in the future too. Added to that the increasing distribution networks around the world will help YGEN further.
This is an easy buy at these prices.
Colsoul thanks for the advice but I trust my own research. I don't let this BB influence that. I either win or loose by my own decisions.
Like I've said numerous times before, long term this is a great company with significant potential. Once regulatory approvals come into play the sp will re-rate big time. DPYD fda approval will be brilliant. UKAS accreditation and other international regulatory approvals will be very helpful.
In the short term two USA NIPT contracts are being finalised. Trial results in Scotland of the DPYD tests should be released which will help the usage of the DPYD tests in Scotland.
The molecular diagnostic sector is going to be very important in the near term and in the future. Yourgene will definitely be taking advantage of this.
This is just the start of a bright future but for sure LR and co need to deliver bigger and better to fulfil all this potential. Oh and also improved communication with investors would help.
GLA
Twix start selling away, will give us a better price for further tops ups!
Ok bakky no more moaning. Let's just promote this company and do the job of what LR and co should be doing. As you feel future investors will look at this bb and affect their decision I hope LR and co will also look at this and realise our frustration. This company has so much potential and I genuinely believe any purchases at this price is a bargain. Like I said I've not sold a penny as this is my long term play. I'm just waiting to time any further top ups. But I also hope you realise the shortfalls which we have had this year and not look at this company through rose tinted glasses!
Anyways rant over until any further news.
GLA
Haha twix is a legend! Brings comedy value to this BB.
Steve67, 15p is a great price but 14p is even better. I'm just annoyed from this latest update. My long term view still stands thoough that YGEN will do very well and that's why I'm not Selling a penny. In fact I will be adding more hopefully once this disappointment has settled and I get a better price to average down!