Member Info for bakky

The quotes from SJ make it quite clear.What can't you see?? If all is ok he will invest, if he feels it isn't then he won't ,.. quite simple really!

a couple of recent quotes from SJ. We will have to wait and see if he does.

''i don’t and never have wished to either run or control this business but would support , with hard substantial cash buys a reliable management who knew how to do this'' .

''given a positive outcome of the investigation i would most likely buy shares in large quantities at these prices''.

he said he wouldn't consider unless it was cleaned up with a good management in place. Well he has his man as CEO, so a good start.

if they average around 30k inhouse tests for the next year or so at similar prices, that'll be more than the whole of last year's revenue just on Covid testing.That does not include separate sales of Clarigene worldwide. You must have got a lot of pocket money chap!?
Cring; Your post did make me smile when you started it with 'I have no idea' then carried on with the rest. lol
Anyway, bye bye!!

I would hardly call £1m+ a month 'pocket money' for a small company like Ygen.

cringsing, time will tell!!

if there are no more 'skeletons' the company deemed 'sqeaky' and SJ comes aboard, then it will fly imo! You would think it probable that it is clean now as I can't see the biggest shareholder adding even more if there was still any sort of question mark to come.

didn't stop him posting before! If he is not on the board then no probs.

Just needs SJ to get aboard the good ship MMX now ! lol.

yes, good news indeed! Big commitment still there from at least one big boy it seems.

or he could have sat on his ar se and not bothered with a test at all.Just think about that scenario. Nat, not sure if you have worked in high volume manufacturing, but it's not easy to double/triple production with limited space, machinery and skilled personnel, Trust me I've done it, albeit in another industry.
It looks like before he commits to open up more capacity he needs defo numbers, more reactive than proactive so to speak. Maybe once bitten regards the govt work as don't forget early doors they got lab space ready, then feck all came !
I am just glad that in these times we have Clarigene/test facilities to help us not only get through this pandemic but actually prosper and increase revenues.
Could be much worse!!

does anyone know if the buyback is still going or postponed?

someone is on the move by the looks.

I see the govt haven't learnt their lesson with Chinese crap! One of two totalling £9.5m

Virus Testing Supplies
Source: OJEU
Published: Tue 03 Nov 2020

Provision of virus testing supplies to support the UK Covid-19 testing strategy.
provision of virus testing supplies;
medical consumables;
uk covid-19 testing strategy;

Contract
award: China National Pharmaceutical Foreign Trade Corporation

I'll bet SJ and TF are in very regular contact right now. If this does get a clean bill of health from TF then I wonder if SJ will indeed put some big bucks into this again? Would surely give this a big boost!
I think we will see .vip come back to around 750/800k before it's done and .work to around 100k,not sure about .fit.

so Guy is complicit in all this?? Big shout that. You of course could be correct, I doubt we will ever find out. Management need to work speedily to right this wrong so it doesn't get further out of hand.

So you're saying Guy knew for years they have been cooking the books? Nah!! but then again??

yes I saw the webinar, and yes there is a good chance it is Clarigene they use. Most of the other in favour Covid stocks don't even have a test to sell yet! I don't suppose we will get any recognition until/if/when we announce moonshot involvement. Even then it will be moderate numbers no doubt!

Niptsteve, are you sure they are Ygen tests. Do Recova only use Clarigene or do they have other suppliers. I can't see any reference to Ygen/Clarigene unless I have missed it.

For II's to get Guy to 'blow the whistle' must mean they already knew there was something untoward going on? Not sure I believe that they would instigate an investigation on the off chance there was something to oust them for. I agree the markets are expecting better closure to this and hopefully Mr Farrow can do this asap. I am hoping cost cutting will offset any revenue downturn to some extent. Even our old 'friend' dweill reckons it should take no more than $2.5m to run this outfit.