Member Info for Bluelight

Well we will earn more in interest with our money sat with the DHSC in late payment penalties than we would with it sat in our bank, so let them keep it a little longer. Happy to earn the 10% odd return on 70m sat with them.

Not sure if anyone else has spotted it but for the last few trading days each one of the covid stocks has been targeted for a big up move, then next day another. If they are following that pattern tomorrow could well be our turn. Lets see if it is a fund playing a bit of a game with the sector.

Strange old end to the day there, driven by french randomness. Could be a decent setup tomorrow if we get a morning dip, nice setup for a good rally tomorrow. FInger on the trigger first thing.

Porky gets alot of abuse for his targets, but frankly I can see the thought behind it. Whilst I'd be happy with a little less, Porky is simply highlighting the huge fundamental under valuation. It also adds positivity which at times this board has been severely lacking. I for one enjoy the posts, and find them informative and ones to look out for. If Porky makes a nice life changing sum out of their analysis then well played, and it is well deserved in my book. Cheers mr porky

Have to admit I bought another 2000 shares this morning. Not quite at Porkys level, but every little adds to the pot

Because it can. Up down left right, usual games

There's been way too much emphasis put on the small shorts that have been around. Buying back half a percent of shares is peanuts. Yes when they manipulate trades on low volume days it has some impact, but its tiny in the scheme of things. Sentiment is key, if you have a few million quid bought each day, its new money being brought in which dwarfs any shorting or shorting closing. Price action here is driven by the army of private investors. When we all get interested the price surges.

I'm with you there Brentw1. We dropped c 80% on the back of one thing or another DHSC being a part of that. In the meantime we keep earning £10m odd a month, and new NHS orders are now coming in and we aren't even in Autum yet, or including new product sales. Keep your eye on it over the next few months as there's a lot of upside coming.

Its always been a sentiment stock. Arguably it shouldn't be given its backed by revenue and a large cash pile, but this is the AIM game. People can't stand it when its dropping, and can't get enough of it when it rising. Causes it to under and overshoot, but we are back in the up cycle, so lets see what we can achieve this time as we approach the Autumn growth phase.

For long term holders £5 is an insult. It's not even close to fundamental value, but at least it is the start of the recovery and a step in the right direction.

That's what happens when you let emotions control your trading decisions, throw your toys out of the pram and get a kicking. Few months later you'd be laughing. No sympathy for him, you don't behave like that and retain the respect of fellow investors.

No

Personally tomorrow makes no difference to me. They can't discuss anything not RNS'd, so barring an RNS first thing it will most likely be a self back slapping event. Maybe I will be proven wrong and it will have insightful forward plans in there, but if they are or if they aren't makes no difference to my buy and hold strategy. Cash and fundamentals are all I care about, I doubt anything related to that will be updated tomorrow.

Let's start small shall we, a close over 3.75 euros would be a nice start. Too many false dawns to get excited at a price this crap. Add a one in front of where we are now and it might peak my interest. For now we wait.

@Surfie1961, share prices go up? What madness is this you are talking about? I've got so used to seeing it lower each week I think my brain would explode if it actually went up. It is such a laughable valuation at the moment it's not even worth worrying about, I take it very much with a hey ho approach now, just wait it out.

'earn' not learn, need to proof read a bit more ;)

ODX another one shafted by the dhsc, a hypotetical contract that they'll never learn. There will be no DHSC deals anymore in my view, it will be framework sales only. At some point the gov wont pay for any tests barring NHS requirements PCR etc, and it will all be private sales such as in France and Germany now. Private sales of course which we are all over. I struggle to see how these other companies will get the global reach and network to make their years of investment worth it.

I think that boat has already sailed Steve, that's why we sell direct now under the framework. I pity the other covid plays that have been pinning their hopes on a big centralised DHSC contract, they've got literally no chance of that in my view now. We have the big advantage of a massive private sales network and travel testing penetration, so for us the DHSC was just one string of our bow. Others though are going to struggle to survive.

Difference to abdx is we are still selling to the nhs as we are on the direct framework. Yes we will likely earn x % above libor as a non payment penalty clause, wouldn't be 1m a month, maybe 10% a year, so c1m for the year.

Perfect Porky cheers