Member Info for Balanced66

Just got my price alert at 3.25 not happened before something's going on.

Companies like AZN are nimble and aware of the changing themes in healthcare. Going forward you can reasonably assume that diagnostics is going to be a big growth area. Not just in more sales made but in innovation and the best companies in the sector will be under the eye of the big pharmas imo. More so as well as many of the big pharmas are weak in diagnostics.

But if and when, who knows.

We had chief executive of Genedrive post on LSE board!

I didn't agree with it at the time when I was a shareholder of GDR.

Morningsun

I've no idea either. I wasn't criticising anyone discussing what caused the share price rise - we are here to discuss. Just expressing my view that we should be here at least anyway even if there is no immediate news.

We should be over £3 anyway it's like we're saying if it's just unfounded speculation we should go down again! We deserve to be here and higher based on progress to date.

Vauxhall - we're not in that class. At least Mercedes.

There was a poster on another board who said it was because of poor eyesight.

Redx is now over 100 million market cap we are circa 57 million and a lot more advanced with our drug delivery programs.

Think someone once said that the best businesses can always be had at reasonable prices. when Buffet bought Coca Cola originally for between $2-$3 I was reading that people couldn't see why he bought.

Often the poor quality business is priced similarly with the good quality business! Good for stock pickers though.

Yes I'd probably sell half and keep half in for a free ride if it got to 60/70s

The Nudge one is just a PCR test miniaturised. Nothing special. But it bodes well for us imo because if that is what the government/industry are after then we have it also at better rates and faster test outputs.

Nova Q16 and 32 machines can run ALL the company's tests and not just covid.

That 90-100 I would see as a short term target in the medium to long term it could be much higher.

Have to say I'm impressed with the management quality and how the company is adding value by bringing tried and tested investments into the portfolio. The individual companies are developed early in conjunction with industry and partners brought on board early on to give focus and direction to the companies thereby giving them a strong commercial footing from the start. Some of the portfolio companies are working with industry giants such as Bosch.

Many of the Investments are disruptive technologies including A.I., robotics, energy efficiency etc. I'm not a follower of Ark Invest's Catherine Wood but she is respected in the US. She has 5 platforms of disruptive innovations and 3 of these are:

Energy storage
Robotics
Artificial intelligence

Some of our investments cover these areas and through Pulsiv Solar energy efficiency.

Unlike Ark Invest which is fully valued, our investments are conservatively valued in the portfolio, for example the Exscientia stake could be worth the market cap alone.

Happy to hold medium to long term.

Thought I'd share a few simple thoughts as it is quiet here as mentioned already.

When the market sees more long term revenue. That can come from virus lasting longer than people thought, by multi year contract wins, visibility of earnings for at least next 2-3 years at least, acquisitions.

A normal diagnostic company with year on year growing revenue and/or profits (as some loss making diagnostic companies are highly valued) only needs to achieve circa £10 million of regular sustainable profits growing at say between 10-20 % to gain a p/e of 20-30 that's what they are last time I checked.

In Nova case on £10 million growing yearly would give 200-300 million market cap. £20 million = 400-600 million market cap etc.

https://m.facebook.com/watch/?v=268224584508958&_rdr

Worth listening to he's very good at selling his products. He is asked and starts around 5 minutes in about covid test and he goes on in some detail to explain his earlier business of food nutrition and skin cosmetics and DNA!

Think it's around 19 minutes in discussion of covid test. Can't see any difference to our Q16 and 32 machines. The DNAnudge test is a PCR test. Less than 2 hours is mentioned somewhere then 1 hour 20 minutes for test result. Is it one test at a time? Think 12 per hour was mentioned before but can't see how that is arrived at with one cartridge and box.

Are the cartridges one use only? What about all the landfill waste?

Our tests are being trialled at the moment through the care homes route and the hospital so I wouldn't say we have been abandoned - too early to come to that conclusion.

VanV
If the Parliamentary Under Secretary does not provide the information then you could request it as a Freedom of Information request:

https://ico.org.uk/your-data-matters/official-information/#:~:text=Under%20the%20Freedom%20of%20Information,local%20council%20or%20state%20school.&text=You%20can%20ask%20for%20any,a%20public%20authority%20may%20hold.

There are some exemptions that governments can rely on to refuse such a request but I can't see any obvious ones in your request such as releasing commercially sensitive information. It is definitely in the public interest that such information is released.

I think I read the DNAnudge company guy say he made the test in 3 days or something like that. Weird isn't it that it can be approved so quickly.

So they have made a flu one as well looks like 2 separate tests?

This is the original DNAnudge article from the 25th July and it refers to a non invasive nasal swab?

"Central to the strategy is a small, handheld device that can process samples on-site and detect the virus from a non-invasive nostril swab."

https://www.independent.co.uk/news/health/coronavirus-testing-hospital-covid-19-results-how-long-dnanudge-a9635226.html

Might be DNAnudge:

https://www.independent.co.uk/news/uk/home-news/coronavirus-flu-90-minute-test-winter-fight-covid-19-a9650401.html

Sensible Trek. I only use WhatsApp and Telegram mainly because my family and friends and some classes I attend use it for information. I think there is too much reliance on technology and social media in particular. I can understand your concerns about not trusting the owners, there have been suspicions that they are selling our data. What else are they doing with it that we don't know about!

More foolishness from the Motley Fool.

A few days ago I highlighted the nonsense and contradictory stance of the MF.

When their Nova articles appear people obviously get annoyed with them and we had one new investor who seemed worried last time when they wrote about Nova.

I and others have highlighted that their articles are poorly researched and that MF constantly shift their position on shares. Well here's another funny example separated by 1 day - in one article the advice is to steer well clear and in next day's article it is a buy for people taking a long term view. It's from the Motley UK publication as they have a US one as well.

https://www.fool.co.uk/investing/2020/07/31/the-iag-share-price-dives-again-heres-why-id-steer-clear/

In this one from yesterday the advice has suddenly changed (there has been no new news from the company to cause a change in the recommendation) to:

"As such, risk-tolerant, long-term investors may benefit from buying into the IAG share price while it trades at low levels."

https://www.fool.co.uk/investing/2020/08/01/is-the-iag-share-price-a-bargain-after-crashing-70/

Their article popped up in my news feed and I thought I would highlight it so people can reflect back the next time they write about Nova and remember back that they just write rubbish - we know that, it's more for the new investors who might get worried if they do another feature.

The other thing I've noticed is that they tend to pop up when TW is having a dig - wouldn't be surprised if all these people are working together to try to suppress the price - well they are not going to succeed.