Member Info for bakky

I can't really see them going any lower than the green standard of one PCR .

don't forget there are still may countries that will want a pre arrival pcr before you leave for their country.

Yes, I still think PCR will play a big part as Shapps has said tests will maybe go from 3 PCR tests to maybe one. Handjob has mentioned taking lft instead of quarantine but yet to be decided. I still think PCR will have to be used to track and sequence for variants.

As penny Mc said, they are a totally different machine from last year, and with much better products to launch. In meantime they are making hay with the PCR offering which are selling like hot cakes it seems.

yes, they say it's too early for any figures as they have only been selling tests for a matter of a couple of months. At least give them a full quarter to get their teeth into.

dactions, a couple of points ;
1. they had a fund raise in Feb
''Post the year end we strengthened our financial position by raising £3.4m (gross) at 1.75p to support the commercial launch of our wider product range and to fund the development of a portfolio of easy to use DNA tests. These funds will also allow us to double our team by December 2022 and increase our investment in marketing to accelerate commercial growth''.
2. Cash flow is fantastic, they get their money upfront direct from the customer, every hour of every day, (£100k + week) so don't need to wait for funds, they get it before anyone else, and I expect they have great terms with Ygen too.

what makes you think the Bod don't seemed concerned ? All they can do is keep raking in the cash, which they are doing atm.

LargeG, he didn't expect a buyer at those prices to pipe up did he?. Put him in his place, tail firmly between his legs whilst wiping the egg off his face lol,..well done!

ha ha! spindok rumbled !! pmsl.

and what if they are selling 2/3 each in all stores 1014 + 110+10 = 1134 a day = £73710 per day... That is at an average of £65 online price...instore is higher at £85 each, so average goes up to say £75 + as they will sell more in stores than online.

let's not forget sales in 507 stores !! even if half sold only one a day that's another 253 on top and that's with only half of the shops selling a measly one test. We know many shops are selling out so I think it's more than one a day.
So 253 + 110 + own website let's say only 10 a day. Total 373 x £65 = £24245 per day. It might well be much more if each store was maybe selling 1 each per day on average, which would take it to £ £40755 a day.??

depends if he was talking gross or net..doesn't it? £6500 a day gross is way under what they are currently doing.

India just discovered a Delta 'super' variant. Probably doing it's work in this country already??

LordP. I would hope to be around 8/10p when we know the fantastic sales figures. If they can give some news with the DNA expected launch around the same time then who knows, but into double figures .
If they can get these DNA tests into Boots stores/online then some good news on what they are doing with Amazon then who knows.
Talking of Amazon I am not sure if they are just going to Fba or what they will do. Any thoughts anyone?

mambo, next time come back after you have done some research so you don't make a fool of yourself again! Just trying to help you know!

https://www.orientgene.com/

http://www.optigene.co.uk/

are people getting confused with OPTIGENE and Orient Gene device mentioned today. Two different companies?

Hemo, it's been doing the same for a year or more. Probably 15+ decent rns's and sp goes nowhere. No probs with acquisitions if they make sense and add good value to the company. I think the last two will prove to be wise purchases and the Canadian outfit looks like it has got some good equipment that is gaining traction. Much more to come along those lines I expect.

probably no more than MM making a living. Nothing to do with the fundamentals of the company, as far as we know?

Mambo, just so you can keep a check on all the online only sales per day. This is with hardly any travel happening. What do you think will happen when the skies open up. Kerching!!!
https://www.boots.com/myhealthchecked-at-home-covid-19-pcr-swab-test-kit-(for-general-use-and-fit-to-fly)-10295700