Member Info for bighammer

With the recent selling of shares by the ii s it is possible they are just selling roughly the amount they will be receiving next week , so like any good investor taking a nice little 100% top slice at 160 with them being replaced next week at 80 . What we really need now next week is good sales and pr and with an agm next week I cant see them missing the opportunity to deliver as they have done on everything else so far .

So there was nt a phone call or 2 made on this exchange of shares then , this is mates rates personified . NOW it is time to sit back wait and enjoy as they would nt be buying in a guess.

First day back along with bricklayers roofers and groundworkers , the sales look good and targets set for the sold homes so atm apart from social distancing full steam ahead , until the safety officer turns up just to make sure and point us in the right direction . We have a reduced workforce but plenty to go at . I did hear Davidsons are nt planning to go back for a few months yet.

Ben , I totally agree with sales and confidence in site work . It will take a few weeks to get used to the new way of working but I feel completion targets will be down this year for all builders so it could likely hit overall profits imo . As regards furlough money you treat it just the same as income ie you pay tax and ni on it when you declare it .

Must be years of practise then.

Punter , I suggest you check your 9 44 and 9 33 posts , quite funny.

Radley, you keep on saying that you are not going to buy in until 80-100p and attacking those who bought in below that price and are ramping the share for their own personal gain and you claim you are defending those who bought in at £2 and above and now sitting on a loss. Could you please explain to me how that works because you are constantly trying to walk/talk the share down thus making the position of the people you are defending even worse yet then attack the so called rampers who expect the sp to increase thus putting your defendants in a BETTER financial place ha ha . Just admit it , you want the sp lower so you can get more shares for your buck and don't care who knows it , you are more transparent than Pilkington glass.

They will be on another board today

This for me will be one of the big kick starters of the sp as this is the source of revenue to value the company . If I remember we had an rns a while ago saying we had 1m forward sales which would keep funds rolling for a few months then we had a placing for £8m , would you really buy that much stock for it sit on the shelf for months in the hope you are going to sell it or sensibly raising cash to meet demand ?

As the shares are due to hit the market on th 28th they still have 11 trading days in which they can submit them . Is it possible for the company to (request) the broker to hold off for a certain period of time or is it down to the broker to decide?. As it could reduce the sp by 22% and possibly lower as the mms like to do I was wondering about to try and second guess their actions ie , if the sp is say £4 on the 1st of june , sell with the possibility of the sp going down to around about £3 and then buy back in , the only drewback I see is that the sp could go up more ????

Cdl1 I am currently on TW in the midlands and I know of 1 other of there sites is working on the same premis , as regards other firms I have not heard anything yet BUT as with all builders as you know they change their mind like the wind, if they sell them off plan they will more than likely build . As for completing houses at roof stage we are waiting for a build programme to see what is happening , I should find out more next week . Just to add I am more confident now about work progressing than I was when we first broke up so not so much doom and gloom its just going to be a different way of working.

second day of site prep for H andS . Inspection due next week for a start the following Monday all being well , the build programme has to be sorted but it's expected to be about 30 percent less trades on site and no footings to be pulled this year , although that may change depending on site to site even though sales are good. beltway had a site closed down as the HSE were informed of the lack of social distancing on 1 site and shut down on the spot.

with that sort of % gain you could well be looking at 3-1 over subscribed.

Fundermentals still the same , more cash in the bank , 10%up in the day , could be worse with the news we had and how we had it.

just picked up some more with barcs executed straight away at 1.41

That would be a good shout , I was there last year with my son who was at uni there , fantastic place but a lovely city. A bit pricy though lol.

Based on delivering circa £1.0m in sales to 30 June 2020 the Company has a cash runway of 6-9 months, this excludes any funding or additional revenues from HCV, AIHL and the SARS-COV-2 assays, but does assume genedrive utilises various UK Government support packages. With the current cash runway, the improving visibility of revenues from the DoD and the re-allocation of resources towards validating a commercial ready SARS-COV-2 assay, genedrive can navigate the next few months and potentially make a significant contribution to the fight against COVID-19 whilst also continuing to progress its other commercial opportunities. I think this is going to be dwarfed on pre sales figures which I feel we will get in an rns in the next few weeks and could be the main sp mover over when production starts.

Interesting listening to WHO review yesterday, a little long winded but they are recommending 2 tests within 48 hours of hospital release and a follow up test within 6 months , so testing is going to be around even after release.

I have been told very similar , I expect to be back around the 18th , the priority is to concentrate on 2nd fixing onwards to start with then complete the plots in build but as for over sites they are put on hold for a while as that is where the costs are so a good few months away from (back to normal ) if we aver get there.

Another lesson painfully learned, I was bored and went chasing % increase yesterday as I was bored. I sold some of these yesterday and went chasing the rise in odx , not thinking of the 4 spreads I would have to pay and the possible rise that it did yesterday here and the stupid price I paid . When I had finished I just sat backand thought how stupid I had been and spent nearly all day trying to work out how I could get back in without losing any money . This morning I swallowed my pride and decided to take the hit and sold out early today and bought back in and took the hit of 350 shares and sitting back so much happier not because of the rise but because I have learnt another lesson in this game without it being too painful.