RE: ICMR delay...it's not just Genedrive31 Oct 2020 20:37
Thanks PP, It would be nice if the FDA published a list of their priority applicants being processed, and their current status ? I guess this is too much to wish for ! As you say, it appears they are getting there !
RE: ICMR delay...it's not just Genedrive31 Oct 2020 20:10
Hi PP, With the cancellation of the LDT (lab designed test) group's from the FDA Approval application list, do we know how many applicants remain on the FDA list, in the 'manufacturing high output section (like ours), that can make a difference. ?
Africa; India and USA are our Targeted Markets, and this is why DB has cleverly chosen these markets: Population of Africa 2020 = 1,348,301,517 Population of India 2020 = 1,380,004,385 Population of USA 2020 = 331,000,000 Massive new cases and deaths in Africa; India and USA, and these Countries will need GDR/BC Tests ! COVID Tests will be with us for many years to come, way past COVID Vaccine World wide availability, IMHO.
Hi ST, Your GDR valuation post in same Ballpark as my post on 12th September: Extract from my post on 12th Sept: - GDR Potential: - I believe that GDR Mcap is potentially worth £300 mil Mcap, based on projected Sales and Profit. I expect GDR to sell 50,000 RT-PCR Test units/day at £10 per Test = £500,000 per day revenue at 60% profit margin = £300,000 per day profit. Working on a 5 day week = 5 x £300,000 = £1,500,000 profit per week. £1,500,000 x 50 wks per year = £75,000,000 profit per year. Using a standard multiple of 4 for valuation = 4 x £75,000,000 = Mcap of £300,000,000 Mcap of £300,000,000 divided by 52,000,000 shares = a potential SP of £5.77p This Mcap valuation did not take into consideration a valuation of our POC; HCV OR AIHL etc
OK - I need to change my calculation now due to increase in GDR Total Shares in market: Therefore - £300,000,000 divided by 56,464,752 shares = a potential £5.31 SP ! I am OK with a potential SP of £5.31p Great Times Ahead for All GDR Investors !
106 is a Good shout for FOMO Friday Dave ! While we sit in this Neutral ground of 100 - 120 closing SP , I am going to go for 107 COB (without any News) ! If we get a nice RNS, Gloves off on any SP COB !
Thanks PP, Never thought we would get this opportunity at this SP ever again ! I freed up money from US $ myself to put to work here too ! I was saving my $'s for when the DOW falls massively, which I still believe will happen, but cannot miss this opportunity here and now ! Wish you All the Very Best with your further future Purchases too !
Hi ST, I am with you ST. I believe we will be even higher than £4 by end of Q1 2021 ! Expecting Great News from DB any day now, maybe DOD, maybe SA Orders, maybe Approvals etc etc etc. The thought of the News that DB will have available to Report in Our June 2020 Financial Results makes me Smile Massively! But then I guess this is why I am Invested in GDR LOL !
Thanks BigB, I am so sure we are All going to do Very Well from our GDR Investments ! COVID Testing is going to be with us for a long time, even after the Global availability of Vaccines. GDR link up with BC, and Target Markets USA, India and Africa is a Master Stroke IMHO ! I am certain DB knows he will have some Great News to relay to us in the Results Update on the 17th, and in his Presentation on the 18th November ! Great Times Ahead for us All !
Bad day for Stock Markets today: So Pleased we have So Much Great News Coming Our Way Soon ! Feels Great to be invested in a Share that has the Expected News Reel of Massive Life Changing RNS's coming in the Days, Weeks and Months Ahead ! Great times ahead for GDR INVESTORS. INDEXFTSE: UKX 5,582.80 -146.19 (2.55%) 28 Oct, 16:35 GMT ·