Member Info for Atanasoff

Next weeks presentation will need a miracle if this stock isn't going to dive. ODX presentations normally are followed by a fall in share price.

The difference this year? The stock has no interest in it. The resident fruit loop posts more than we have trades. The very rare buyers are almost certainly idiots still "averaging down". The sellers are those reluctantly realising the reality of the situation. Most trades are going one way - sell.

Unless they have held back significantly good news expect to just get the normal "yes it's bad now but we are confident for the future". They have been saying this since 2018 and had to sell the Crown Jewels to stay afloat. They do not have a good track record.

A distressed business needs time to turn around. Miracles rarely happen. The ones that make it end up as nice solid businesses. Most never get to that position and disappear. (Go do the reading).

I wouldn't like to be holding right now. You saving grace is potential apathy.

Very funny indeed and accurate. Been ramping an RNS and when it comes starts again with the frankly nuts takeover fantasy. The real cheek of it is that she then accuses others of making stuff up. The tax payer funded gambler has more chutzpah than brain.

What I said:

"Unless it is bad news it would be stupid to release an RNS on a Friday so it would make sense that it would arrive, whatever it is, to arrive tomorrow or Monday.

What it contains can only be guessed at. It could well be a nothing burger (again) so that Jag can save face (politicians do this a great deal)."

If only the idiot stopped for a minute and wonders why what I predict often comes true (clue - it isn't magic or special insider access).

I wonder if the idiot wants to know what next Thursday will bring?

Meanwhile chronic low volume and sell off continuing.

2.25p seems fair value. Anything else is a gamble imo.

Oh look whose back

HawaiifiveO clinging to a bit of PR that has no credibility.

"One basher suggests that the broker target valuation of £25m/£30m was paid for by ODX, well yes "

So the "basher" (me) was correct by your own admission.

"Shrewd individuals with market experience can see through all this bashing waffle"

Dunning-Kruger in a sentence. I also suggest you discover what shrewd means.

"if this company delivers the share price will quickly run into double numbers, that is a fact."

Well duh. That is possibly the dumbest thing ever posted on here. IF any company delivers it can see an increase in the share price. Thanks captain obvious. The question is:

1) What level of delivery do they need to return to a double figure share price? My guess is that because you are neither shrewd nor someone with business experience you haven't worked out what the market cap would be if the get to this figure and then worked back using market competitors MCap the EBITDA required to achieve such a MCAP. Guessing, FYI is now market experience.

2) What demonstrates to you that ODX is about to "deliver"? The delayed new site and signing another 2 yr lease on the current portacabin in Ely? The white labelling of new tests as the R&D budget and resources couldn't develop the test in-house? The sale of a couple of machines to the US?

The reason this share is bashed is because it deserves to be. Only a complete fool would be invested here. Gamblers only.

(PS - you never answered my questions last time you popped up cup cake. I thought you wanted to be serious?)

All that talk of a RNS update in July only for it to just announce another date.

Hate to say I told you so but I did so I shall.

Presentations at ODX are normally poor quality and they often give the impression the share holders are a huge annoyance. Price has fallen normally.

Hilarious - I love watching this stock

14 posts by the green stripe. Clearly jumped the shark. Utterly insane. On the bright side I haven't had to read any of the drivel from the tax payer funded carer who staffed her life savings on this dog of a share.

On the bright side Jag is now correct - WE HAVE A RNS. Rejoice.

Shame it's just saying a spread betting firm has now got a 8% stake in the company. Interesting timing.....

We all know what comes next,,,

The reason accounts were delayed last year was because they were close to going bankrupt. That isn't the case this year. (my guess based on accounts is they have 3.65m left in the bank currently)

I don't really know what Jag was thinking when he promised an update in July. Here is why:

1) The 22/23 accounts are already largely known and are dreadful (be interested in the asset values) . So it would make sense to combine with a trading update for 23/24. This would typically be at the half year - September. The benefit of this would be to distract from reminding shareholders of such poor performance with good positive news for H1 23/24. The obvious problem is that if you have had to carry so much into the current year due to production issues the H1 results MAY mean that revenue and profit is down and cash burn even worse (and this would be truly staggering failure but not entirely surprising).

2) The only thing that was/is meant to be happening in July was the launch of white label gut microbiome tests. But would this be worth a RNS to say "we've started selling someone else's test? The expected revenue is expected at best to be 0.5m so hardly worth writing home about, especially as it will inevitably mean lower margins.

3) This leaves news that they had little control over -

a) the dispute regarding the tax payers money they spaffed

b) the results of the consultants work on supply chain and workflow issues (which IMO was a good decision to make)

You would need to be extremely confident or extremely stupid to say in a RNS that either of these would have a tangible outcome in July and a lack of RNS would prove that point.

I think it was designed to provide some forward looking "jam tomorrow" fig leaf for Jag and Wallbrook as usual weren't diligent enough to tell him to get a grip. As usual we are now 3 working days from the end of the month. That leads to uncertainty. Unless it is bad news it would be stupid to release an RNS on a Friday so it would make sense that it would arrive, whatever it is, to arrive tomorrow or Monday.

What it contains can only be guessed at. It could well be a nothing burger (again) so that Jag can save face (politicians do this a great deal).

Fundamentally it doesn't really matter. Unless a RNS comes along showing that cash burn is being contained and production flow has improved by XX% or that they have a resolution/positive progress to many of the other issues it will just confirm what most have been saying for the last 18 months.

IMO - 2.25p is fair value currently.

Another 7 Green Stripes since I posted. Utterly bonkers. On the basis that it spams the board and yet says nothing I have saved myself a great deal of time. I strongly recommend it Captain - I am pretty sure that someone who has been so reckless craves attention so ignoring it will send it even further over the edge.

Clearly no life. No wonder the tax payer is having to fund a carers allowance - although with the amount of time spent on here I am wondering if her mother would get better care and attention if she went in a home instead? Imagine having a deranged daughter bleating about horse racing and the frantic checking of here, just desperate for a miracle to happen and in total denial that it won't. What a mess.

Lesson - never bet more money than you can afford to lose. For lose it you shall if you bet.

Meanwhile 2 trades - a record low traded today. Share price cannot sustain this.

I have 51 green stripes since Monday Am. That is truly insane by any standard. Not that Dsaf is much better.

Both need to get a room. One of them needs to get help - they sold appreciating assets and poured the profit in to a business they didn't understand, didn't research and didn't perform. That money isn't coming back. The best that can be hoped for is the loss won't be so great. Don't hold your breath.

Meanwhile - be careful what you wish for. If they had good news they would share it. Unless they have sorted production (and no shame in hiring consultants to assist) they will be facing a cash flow and order issue. (If you can't provide it you can't invoice it and if you can't get it to a buyer in a reasonable time they will go and place the business elsewhere). It was ever thus.

Slow sell off continues because all the evidence in previous RNS doesn't give anyone with a modicum of business acumen any cause for positivity. Some small glimmers of hope but nothing that puts this business anywhere near where it used to be.

IMO fair value currently is a market cap of £5.5m until issues are resolved. 2.25p

No RNS. Inevitable happened. Told you so.

# Trades 11

Vol. Sold 132,697

Sold Value £3.76k

Vol. Bought 0

Volume so small that I've had more expensive lunches than the traded amount.

Anyone not a fruit loop knows which way this is going.

# Trades 5

Vol. Sold 32,312

Sold Value £N/A

Vol. Bought 0

Bought Value £N/A

Doesn’t get much better. Hopefully punch through 500p today.

Onwards and upwards

At least a couple of us are still in reality and have called this right. How do I know? Because that is what the market shows:

# Trades 7

Vol. Sold 99,558

Sold Value £2.85k

Vol. Bought 3,500

Bought Value £N/A

Sell off continues.

Fair value on a good day 2.25p per share imo. Mkt cap would be just under £5.5m.

I thought you wanted educated discussion?

You’ve just repeated yourself. You’ve also shown that you haven’t read the government contract.

You’re also wrong about “bashers”. I’m not working for any entity or involved in any interest related to ODX. I’m here because I like tracking badly run companies.

Thanks for confirming the bid is down 0.15p today. This has low liquidity for a reason and that impacts a stocks behaviour. Cheap to manipulate but why would anyone bother? The sell off has been going on since April.

Want to address my points or keep spamming? How far under are you?

Fair price on market cap imo is 2.25p.

Hello

A few problems with your post (from someone that has actually sold businesses and been involved in purchase of businesses)

1) If you want to see anyone that has fostered an environment that has been "acclimatised to negativity" then look no further than the BoD and the RNS they produce. Are they in on it?

2) "lack of educated discussion " I agree with you here. I have posted a great deal of research based on the P&L and RNS and the children never try and counter but just end up diverting things. Will you help change this?

3) "suggested ODX was worth £25m-£30m or around 12p " Er no it didn't. That is paid for media. Let me help out here. First look at the industry sector (don't worry "snake oil medical" can be thrown in with "healthcare") Second look at the EBITDA. Then look at the trend over the last 5 years. Then look at client base, retention and market penetration. That is a start, not a complete list. Once you have that and done some trend analysis use it to produce a multiplier and see what you get. That's the value.

4) To test the theory - because hey, you don't want to take my word at it, use actual, published facts. The GREAT thing with ODX is they have a track record. Take CD4 and that division. Include the assets (tangibles/intangibles) associated with that division and the Alva site. Now, see how much they got paid. Remember this by the ODX board admission in RNS was the "jewel in the crown" of the portfolio. See? It is just maths. For M&A companies look at forecast and risk. Sometimes they buy stuff just to experiment for bigger stuff (ask me how I know)

5) You may also want to see the motivation to sell. Is it distress or is it opportunity? Guess which one sells better.

6) "business delivering turnover of circa £9m (and growing) cash of £5m," You have two things wrong in one sentence. Well done. First turnover was down. Badly down. It is also vanity. Profit is all that matters in SMEs. Second they don't have £5m in the bank. They DID but they don't now. A really simple excel sheet with some basic trend analysis will show roughly what they have now. Also remember £2.5m of that is in dispute so although I doubt it will need paying back it is on the books.

7) "The results are due" - not sure why you think the RNS the BoD produced indicating the results for FY22/23 will be dramatically different. Do you think the CFO is an idiot? Out of all of them I think he is the best one on the board. What is you making you doubt his figures? If you mean H1 23 they won't be due until Q3/4. But you should know that already - you like "educated discussion " after all.

8) "I have been buying recently" I am sorry for your loss

9) "it has been exceptionally hard to buy in size" Complete and utter cobblers.

I am glad DSAF. Hope you green striped the cretin. That is what I did again tonight. The problem with arguing with idiots is they will drag you down to their level and then beat you with experience.

It has posted 20 times in the last 24 hours. Tragic. Good job the taxpayer is funding its lifestyle because no employer would put up with that kind of stuff.

Having the green stripe back is very relaxing. Gives me time to laugh at the eject talking about a take over.

For all the spam on here you would think this is an active share. But no. Low liquidity with people taking the opportunity to jump ship while they can. Been going on since the last update with a bit of manipulation of the share in the meantime.:

# Trades 3

Vol. Sold 470,057

Sold Value £13.23k

Vol. Bought 0

Bought Value £N/A

Unless news on the many outstanding issues ODX face then this may continue until the trading update comes around September.

When it does - lets hope for holders sake it is good news. Don't think some on here will be able to cope with anything else.

Someone doesn’t understand libel law. Just as iit doesn’t understand anything else.

Go away you stupid old idiot. Nobody cares about your pointless life. You haven’t learnt a thing.

(If you get tax payer funded carers allowance you may qualify for other benefits such a council tax discount. You may get carers premium or pension credit or housing benefit.

You’re only claiming libel to get your stupid thoughts deleted. Wiped away and forgotten about - the board imitating life.

The results have been "revealed" for FY22/23

The next results will be revealed on the half year trading update UNLESS something that would have a significant impact (positive or negative) needs declaring (or if they want to declare to shift sentiment)

Updates will be "revealed" on things outstanding if required to be. eg taxpayers money owed consultants outcome blah blah. That could be anytime or not at all.

Posting of figures is confirming I am right - unless positive news comes the sell off will continue. Last weeks blip was down to extremely low trading volumes (it is easy to manipulate the price)

Thought I was censured?

Being a carer can be a gruelling experience from what I understand. It is pretty thankless. The problem is that you have turned it into a thing on here. You spend all day every day spamming the board, playing the victim and generally not contributing a thing to it. It was much better when you took a break.

For clarity - The "government" doesn't have any money. It comes from taxpayers (in theory - most of it is debt but that is a different issue).

I don't care if you claim benefits (and as I have said before - if you get carers allowance you also get other benefits). Your denials and obfuscation have just made it worse. You either don't understand or have a bad dose of dunning-kruger syndrome. Fundamentally, you're your own worst enemy. Refuse to learn anything, double down on the most stupid of things and pretend you have the answers.

As I have told you - I enjoy spotting and tracking companies that are rubbish. I am good at it. I don't trade anymore - it is just a bit of fun to switch off from my job.

Here are the facts - you gambled and have lost. Your money isn't coming back. Go learn something.

# Trades 10

Vol. Sold 383,268

Sold Value £10.94k

Vol. Bought 60,030

Bought Value £1.78k