Member Info for bigAl67

Thanks Technick,

Does this mean that most African Countries would run their own Approval Tests, and so long as these results align to GDR's Test result claims, then this would be good enough for market entry ? And they would not need WHO Approval ?
I was surprised to read in this Trading update that GDR are in the process of registering the GDR product locally, but I suppose the delay was in having to firstly sign up the Distributors across Africa.
Its easy to see why everything takes so much time, considering all the Hoops that have to be jumped through !

Hi kd82,

I have just read back through the RNS Trading Update (dated 10th July), because I remember DB said something about WHO Approval in reference to Africa orders:
This is what DB said:- - The Company has signed a number of distributors across Africa and is in the process of registering the product locally. The CoV-2 Test was submitted for WHO approval in early June, although this is not a primary focus for market entry as many African countries have their own approval processes.

I read this as meaning, we will need most African Countries to run our RT-PCR Test through their own individual Approval process ?
I am unsure whether having WHO Approval gives us market entry into the African Countries that have their own Approval process ?
It maybe that only the minority of African Countries that do not have their own Approval process, will need the WHO Approval ?

Agreed PP,
There is so much Great News to come through once the Approvals roll in, that our SP will head North sufficiently to reward All GDR investors, no matter what their average is, IMO.

Hi Technick,
It does make sense for India regulators to wait for the FDA to come through, saves them the time of processing out RT-PCR, amongst All the other Lab Tests they are currently conducting.
Do you think the regulators in India will be in close contact with the regulators in USA, and vice versa ?

Good question rbr08.
If, and I guess it has to be If, Danaher did want to buy out GDR, I hope they do not come up with a deal that means us Shareholders do not get Real Value.
Hopefully, in such a situation, the II's would ensure we are not sold out too cheaply ?

Hi Technick,

Once the Approvals start to roll in, the plethora of Great News will all fall in place, and just keep coming, surely !

Hi PP,
This must really, really be our last Top Up, in at 84.37p ! Which has brought my wife's ISA average down from 170 too 141.

Spot on Post Sattara.
GDR/ Beckman collaboration with supplying accurate Test Kits to automated Test results, is a very well thought out business arrangement.
This is just what Countries need IMO

Hi Safy,
An interesting read, Thank you.
Particularly, where Mr Davis (Quest Diagnostics) states they could double production tomorrow, but the issues are getting the Testing Machines, and the Chemical Reagents to feed those machines. They are already working 24 hrs per day.

Hi ST,
Surely the US and FTSE main markets are overdue for a correction at these levels, but not sure how far they will fall back, and when? Possibly after the November Presidential elections on November 3rd ?
However, the Best Covid stocks still have away to run, big time.
Once the Approvals start coming through, GDR will fly, for sure, IMO.

Hi Safy,

Thanks for the heads up on Fauci's comments:
Fauci writes like a person who is very fearful.
With 35% of Americans saying that they would not even take a Vaccine if it was to be made available, FOC, right now, it goes to show that many people would not want to take a rushed through Vaccine.
I remember a CEO of a company (who are working on two possible Covid Vaccines) saying on Bloomberg, that the fastest Vaccine Approved to date, took 4 years ?
I have not found anything to support this statement, but google 'Why a coronavirus vaccine could take way longer than a year', is interesting.

Hi Safy,

Thanks, I will take a read into Fauci's views.
Cheers.

Hi PP,

Yes for sure I would be Very Happy to not realise this last Top Up, in fact I would be 'Over the Moon' to wake up to an Approval RNS, at 07:00 hrs, tomorrow morning !
Just finished my dinner, and then finished my last post, before seeing all the post's over the past hour.

Hi Antony,
Sorry to see your leaving GDR, and I do wish you well with your other, and future share investments.
I understand how you feel, especially watching other shares making good gains else where.
I am so sure that GDR is going to give me a very rewarding return over time, even though I am well down at the moment.
To partially compensate the falling SP, I have averaged down from 182p (bought on the way down from 220p).
My/Our (inc my wife) average is now at 123p, and I would like to get the av below 120p, if given the chance ?
Besides the quality of GDR's Product/s, I have been convinced the SP will do well, with firstly GHIF Bond conversion to Shares at the 90p + price.
Secondly, the collaboration with Beckman Coulter's Robotic Test, and supply the complete deal from selling GDR Test kits - to supplying Test results.
Robotic Testing should bring the Production cost down, and with my belief that GHIF will step in, to ensure that GDR test kit's are competitively priced when selling into India and Africa etc., I am sure GDR will confirm Big sell's, and Big profits boosting our low Mcap !
I also believe a second wave is going to hit the world hard, and Testing will be with us for a very long time, unfortunately.
I am not convinced the world will see an Approved Vaccine any time soon, at least 6 months away IMO, and I would not be surprised if it's 12 month's away ?
Even when a Vaccine is Approved, it will take a long time to supply Vaccinations to the world at large.
So, Track, Test and Trace and Lock down (as deemed necessary), is going to be the way for the foreseeable future IMO ?

I would like to read your complete view on why you believe the GDR SP will dump, and not rise to say over £2 in the near time ?

Cheers and All the Best.

Sorry, meant to say ' Wow just seen that string of delayed Trades you mentioned PP' !

Wow there is that string of delayed Trades you mentioned to expect PP, showing up now !

Hi PP,
Thanks for your post.
Yes, lots going on here, and I see the SP finished at 86p at 17:07 hrs.
I had decided not to Top Up anymore, unless the SP dropped to <83p.
But I can taste the first oversea's Approval RNS coming through, almost touch it, even though I can't even see it yet, lol.
I am so sure that when the next RNS comes through, we will not see this sort of low SP, in the 80's ever again, IMO !
However, I am fairly sure that if we do not wake up to an RNS, that the SP will drop another couple pence tomorrow, and I will get another opportunity to buy at around 85p ? (if I can get a limit trade to through !)
As we get closer to that first oversea's Approval RNS, the FOMO on a last Top Up, in the 80's, is quite gripping !
I would not be surprised to see an RNS pop up anytime now !
It will be interesting to understand the peculiar SP movements, and it will all be revealed very soon, for sure. IMO.

97,000 shares sold this afternoon since 13:00 hrs, and only 4,000 shares bought since 13:00 hrs.
MM's filling a large buy order, maybe ?

Hi PP,

I put in a limit trade buy at 85p at 13:01 hrs, and its still showing pending in my ii trading account, 'order list'. So I guess it has not gone through ?
The SP was sat at 83p from 14:10 - 14:20 hrs, and so I was hopeful it would go through ?
However, I have only seen one buy traded at 84.90p/share at 14:59 hrs, for 1,570 shares, this afternoon.

Covid Testing will be here for years to come, and an Approved Vaccine is 6-12 months away at least - a vaccine will not eliminate Testing.
The Russians are claiming they have a vaccine, but they have claimed this without conducting a phase 3 Test amongst Thousands of people, and would take many Months to complete, before a proper Approval.
GDR is not too late, and the SP will do very well in the not too distant future IMO.