Member Info for bottom_feeder

hi Pacman-------- Damn! you're right sob sob

Oh well.......... Well.... if anyone wants to lend me £11Mil on same terms :-) :-) :-)

Hi BV. Sorry about the 'Business Partnership' bashing - hopefully seen as light-hearted banter :-)

On the bright side; if all of the fellow shareholders on this LSE Board where to club together and 'Loan' you or I around £3.3Million, we could buy over 10% of the YGEN stock - then seek a Non-Executive Directorship on the BOD.

I'd be willing to pay 10% on the Loan ;-) ;-) ;-)

P.S. (Principal+Interest payments) Paid once a year on Loan Anniversary

200k shares = Business Partnership ------ me thinks not :-)
Having 0.03% of shares is hardly worthy of such notoriety BV.

Although, like you I hope to have over 200k shares after my next top-up (currently 195k), and seeking a 'favourable' return over the next 2-3yrs; while investing in companies that benefit human kind etc.

However, not putting eggs in one basket so invested in other bio/science companies such as DEST, IMM & SYN. The aim being that at least one of them will return a factor of 5 to 10 times return; preferably all 4 :-)

However, I'm always open to other people's opinion on other companies of this 'elk' that are worth considering for 2-5 year investment periods.

Incoming!!! :-)

Me too. Picked up extra top-ups across all three of my Investment Pots - Nominee account, SIPP and ISA.

Nice to 'Bag' this while the price is fluctuating/dropping :-)

Now to sit back an wait and 'top-up' if able :-)

Hopefully this is where I was trying to gauge the detail of exactly what relationship was going on between Novacyt and Yourgene. It seemed rather odd that NCYT should suddenly cut Yourgene out of the picture by contracting out more of the work to other minor companies. I suspect Yourgene management "saw the light" and realised that they needed to 'extract' themselves away from NCYT. Particularly given that any issues in terms of quality, accuracy, costs, profit etc would seem to be in the wrong ball park.

As for ISO Quality status, people shouldn't view that as meaning too much. I know - I used to do or be involved in ISO 9000/CM2000 audits when working for likes of HP, Marconi, BAE etc. The best way to look at any ISO Quality standard is that is is exactly like a Car MOT. It only proves that the "MOT Inspector" believes the system is "Fit For Purpose" during the inspection period.

It's all too easy to 'blinker' and 'drive' an ISO Inspector down the Rabbit Hole so to speak to try to prevent them from seeing any holes in the system.

In addition, once the Inspection is over, its very easy for companies to fall by the wayside, ignore ISO processes and conduct business - often on the basis that they think they can "PATCH UP" any holes later on before the next Audit (normally every 4 years).

So I suspect YGEN management have taken the very prudent approach of extracting themselves and following a much better Business path.

It all bodes VERY WELL indeed as it gives me every confidence that the YGEN BOD are not only managing the business well but also mitigating potential Risks.

Mega happy with state of play at present :-) :-) :-)

:-)

Obviously have to cross yourself the 'right' way - depending on being left or right-handed ;-)

The thing I love about this share is its overall Trend Analysis.

Firstly, as everyone knows, there was a major negative spike followed by a regain across Mar-Apri due to the dual impact of Cov19 and Oil Cuts.

But. YGEN charting shows that the moving average trendline for this share gives a continuous monthly upwards slope which, even without any good news, implies breaking above 20p and heading upwards around Sep-Oct.

Looking back to Nov'19 the MACD crossed the upwards share price with an increasing Relative Strength Index (RSI) which resulted in a nice positive increase of 2-3p within a month.

the same conditions exist now with an even stronger crossing and a nicely rising RSI.

it looks like a likely rise to around 23-24p within next 3 months which can only be bolstered by CE Mark confirmation and increased roll-out over the coming months.

So all in all, definitely a buy opportunity with a nice potential uplift to 24p+ in next 3-4 months (IMHO)

Any dips in the near-term are just an opportunity to average down if funding allows :-)

thanks for clarification info regarding chinese versus novacyt tests.

Yes, bit of a 'distraction' but then, how are investors supposed to clarify info :-)

Maybe a bit more on Trend Analysis eh?

Hi,

I've been following and investing in Yourgene for a little while. Not too happy that I've had to Average Down in order to keep my Loss percentage from driving me insane or doing anything stupid like selling out :-)

However, I'd welcome some info, clarification and thoughts as to what exactly is happening between Novacyt and Yourgene.

As I understood, Yourgene entered into an agreement to begin manufacturing/supplying 'Key components' for the Novacyt Test Kit. Although this seemed like a good deal, my understanding is that the government were purchasing millions of these tests but, after the tests were found to be inefficient, the UK government stated that the tests were being returned for a refund.

as far as I know the UK government where definitely referring to the Novacyt tests. However, the UK government then seemed to state that they were buying newer, more accurate tests from abroad?

Given that this may be true, does this not mean that Yourgene could be negatively impacted should Novacyt effectively 'dive' as a result of their 'inferior' tests?

Anyone have any idea whether Novacyt's tests are in fact the ones referred to by the government as being inaccurate?

I also noted that Novacyt subsequently entered into further agreements with at least two other companies to begin supplying them with components for their test kits.

Is it 'feesible' to assume that Yourgene had only a small percentage of the overall supply chain and that Novacyt are in fact 'weeding' Yourgene out of their supply chain?

This may seem obvious as this would explain why Yourgene have proceeded with producing their own testing kits - potentially as a contender or direct replacement to possibly inferior Novacyt kits - this would actually be a good thing.

I understand that Yourgene have a more Diverse Portfolio of products, services etc; which is why I've avoided investing in others such as Novacyt. Yourgene certainly appears to have a good 'long-term' strategy and a management capable of ensuring product reach etc.

So, is there any rock solid info on the 'relationship' between Novacyt and Yourgene regarding these tests kits and possible impact of Novacyt 'diving' due to their less accurate system as well as possible large refund to the UK government?

Anytime now :-)

Pashman : Yep, agree that it was indeed highly fortuitous that UFO BOD managed to gain the investment when they did.

Des/JTF : Yep, agree that certain Trolls don't seem to be able to swallow their pride and accept that other Users can actually make a valid, reasoned call; they seeemed to think my sudden reversal from Strong Buy to Strong Sell was somehow 'misguided' or the ramblings of a fool :-)

As for UFO, well; yes the COV19 issue was going to be a major impact. In part it is somewhat 'over-stated' but it does represent a major impact on Health/Treatment resources; which is the big issue. It is going to SERIOUSLY shake-up a LOT of businesses that are going to suffer both short, medium & long term; particularly, hospitality, food (restaurants, hotels, B&Bs) etc.

I too, like so many took my eye off the ball regarding the OPEC meeting and, had I paid more attention, might of gleamed a hint of the impending potential trouble brewing. This double wammy has certainly caused strife. It resulted in my being hit with a 13% drop on the one day I took my eye off. Thankfully, I managed to regain the losses last friday during some day trading and managed to scrap back almost 5% profit margin across my entire portfolio. It's a real bummer though as I could have been sitting on a lot more.

However, UFO isn't looking that good. Why did I change to a heavy sell?

Partly because of the Coronavirus; also because it was clear that UFO's Cash Balance was in dire straights. UFO had only £0.3M after current Liabilities in June'19. This was perilously low given their indicated cash burn. So a Raise was on the cards meanings there had to be a decent % drop coming - and it came.

The BIG problem is that the £700K itself isn't enough for the next 12 months. UFO clearly intends to hope for a sale of at least the Donovan site; remember their half year report statement:-

"Where preliminary studies evidence sufficient mineralisation, increasingly comprehensive studies will be undertaken with a view to delineating a compliant mineral resource estimate in readiness of potential sale of the asset to a producing mining company, at which time a significant premium over its acquisition and development cost may be justified."

UFO also stated that they wanted to 'diversify' and were looking a t a number of other optional sites, notably in Australia.

This Diversification can only come from them receiving much needed cash to commence and run parallel activities; hence my view that they need to potentially sell - and in the next 3-6 months.

In the meantime, unless they release a VERY Favourable RNS soon; the SP is likely to drop now.

Note: The "Market Dynamics" have fundamentally changed; Gold etc are no longer acting as Safe Havens. People are 'Extracting' Funds for bleaker times rather than having them locked up. Negative Interest rates; Hysteria and Government Draconian antics are going to make the next 3-6 months Financially, seriously 'Awkward'.

MrT : Shut up!

You've shown yourself to be ignorant and indignant of others.

Clearly, you think I'm sayin I'm an 'expert'.... so only goes to show you're also incapable of reading properly - numpty!

By the way, I did make a figurative mistake in the previous comment about normal viruses being 1%; it's actually more like 0.1%; Clever, intelligent Boarders will obviosuly of figured that out :-)

If you don't believe my 'figures' and projections on the possible 'kill ratios' then consider this......

Number of deaths currently just stands at over 2800 with contagious cases being just under 85k........ Do the math MrT....... over 3%..... and it hasn't even hit the general populous yet.

But..... here's hoping you don't get it along with your nieve, incompetent, trolls.

P.S. I only removed my filters on you because I knew you'd be a plonker..... you can only dream of matching my intellect mate.

P.P.S. I am definitely NOT your mate sunshine!!!!

Back to filtering the both of you for good.... ciao amigo dogs

Well, I don't know what the likes of Earache & MrT are saying but suspect they are denouncing the views of those that have taken a view to sell part of all of their holdings; at least in the short term.

Yes, I too sold off my Short Tranche holdings as the RNS wasn't good news.

As for the Corona Virus; Let's be clear, I'm not a Biologist etc but I am a scientist ad quite capable of separating chaff from the wheat. The problems with the Virus isn't that it's just another of Flu or SARS.

1) It's to do with the fact that there still isn't a DEFINITE anthology of its various transmission mechanisms. At present it's beilieved its both contact and air-borne; but there are many 'debates' over its verocity & uptake.
2) The biggest issue is that there is still not 'yet' a definitive 'vaccine'; and as pointed out by another Board Member; it will mutate.
3) The major issue is that the actual survival ratio isn't actually truly known. Standard Flu deaths are rated around 1% (average) death rates. At present the 'possible' percentage for a 'pandemic-like' issue like Coronavirus could well exceed 1-8%-2%+ - that's a factor of 18-20 times .... that's the real 'scary' thing.
4) Until a vaccine is freely avialable; and sufficient 'treatment' facilities are available; any large-scale increase in the spread means severe if not catastrophic failures in available care.
5) As many may have heard; the UK (and many other countries) have emergency Pandemic-based mechanisms in place whereby Triage will 'select' those most likely to survive given care & treatment - hence thzt in itself creates a level of panic.
6) Supply chains are being hit, and even if China can get back to any form of 'normality' the impact has yet to be fully realised in the projections of many companies - who at present have effectively 'suspended' any future estimates.

This all creates panic not only in society but in the financial world.

The big issue; is that its NOT the Coronavirus that just causing this. As i've mentioned previously; the World financial market is at a plateau; a period of stagnation followed by large-scale correction, due to significant broad debt for many countries, and the effects of 'self-protection' by many countries (including Germany, france, USA) is deemed by many to bring about an upcoming major correction.

The Coronavirus happens to have come at probably the worst point in time; likely to tip the balance sooner than later.

The only GOOD thing is that this momentous moment has given countries a 'wake-up call' to reconsider their supply chain infrastructure and reliance on limited suppliers (aka China).

So yes, this is a period of wait-and-see; monitor prices and hope to buy in and average down in the next 1-2 months - and absolutely PRAY that the potential CRASH hasn't been brought forward.

Personally, i was expecting to begin withdrawing medium & long term holdings in about 12-18 months - now I really don't know;

P.S. People will panic b

Hmmmm....... possible buy back-in on the cards.... but you never know :-)

But...... what exactly is the BOD is 'holding back' I wonder?

Time for a change to the Company Articles.

Earache: You are Soooo full of yourself :-)

Fact is, I called it, and it absolutely pees you off. Unlike you, I made a very nice earner out of it ha ha.
But go ahead, bemoan your head off you little twirp. You are nothing more than hot air. At least I've make a 'compound' killing on this share as well as EUK and BLOE.

Personally, I couldn't give a damn what you or anyone else thinks; I'm just happy I can wind you up like the 'little toy' you are.

Off to seek out the next 'compounding' SPike to enjoy ha ha ha ha

P.S. "Pain In The Ear" ------- "I'LL BE BACK"

SPike was due.
Don't you just love Tech Analysis :-)

Just reaped my profit from the BLOE SPike and trying to re-invest it all in UFO.... but can I get a decent mid-price..... not a chance.

Given the "so-called" spread of 0.18 to 0.21 the best thus far I'm getting via X-O (Jarvis) website is 0.2035.

Anyone getting better quotes because I'll be damned if the 'sodding' MMs should be allowed to rip off PIs so blatantly?

I thought MMs where supposed to 'enable' liquidity :-( not Staunch it

What a fantastically "scaremongering" article; based on COMPLETELY WRONG and UNSUPPORTIVE statements.

Firstly, "Long-term Power Requirement forecasts" so-called 'sliding' is an utter misleading statement!!!!

Long-Term Power Requirements will do nothing but INCREASE. That is the nature of things. In particular, ANY move towards ANY form of All-Electric based mechanisms such as Electric Cars, All Electric houses (i.e. reduction in Gas appliances etc) will necessitate a commensurate Increase of Supply.

This will in itself lead to greater demand for more 'Renewable' forms of Power generation.

the biggest 'hurdle' isn't to do with the so-called fluctuating 'nature' (pun intended) of Renewable Generation - It's to do with Medium to long term storage of such generating capabilities.

The other statement about the 'slashing' of Electricity prices is both non-supportive and also not applicable to the likes of TRIG, BSIF, UKW etc - because 20-30 years is totally unpredicable and completely NOT applicable to this current time period.

It's like saying Gold will become obsolete because other forms of metallurgical developments will make it obsolete - Tarot Card reading comes to mind.

In my view this so-called expert has simply, deliberately spooked the market to create an artificial dip in the SP across the Sector. I suspect their investment companies will be jumping on these shares given the rapid drop now.

Ultimately, The likes of these shares are 'profitable' for Private Investors, because they provide regular, consistent, reliable Dividends and a climbing SP.

Everyone will always need Electrical Power - no matter the future. It's too convenient, reliable and above all "Pervasive" in the very fabric of society.

So, I shall be ignoring the so-called experts and enjoy scooping up even more shares thanks to their 'deliberate' misleading statements.

P.S. The ONLY thing that will have a dramatic impact on Renewable companies is if something like Fusion Power becomes viable. Even then, Government's and Industry WILL NOT allow Consumers to have access to ridiculously low Electricity prices; why? Because Governments the world over rely on the vast income from 'Energy'; If the like of the UK rids itself of non-electric vehicles by 2050 (not a chance) then the Government will, indeed SHALL, implement Taxes etc on Electricity to replace the Revenue losses from Fuel etc.

Electricity, and Generating companies are here to stay.

Errrr...... Okay........... Stepping of the Soap Box now :-) :-)

Problem with BAe is they have just 'Cr$$%%' on their 'Contractor-base' with regard to making a wide-sweeping statement that they are ALL under 'IR35' regs - WITHOUT doing any form of proper appraisal as per the regs.

In essence, BAe have just gotten themselves blacklisted by the majority of Contractors that they need to bolster their project staffing numbers. Many of those Contractors are ex-permanent employees of BAe AND carry a vast amount of experience and skill sets that the likes of Tempest needs.

So I would expect to see this starting to have an impact on BAe's bottom line as their inability to fill 'flexible, short-term' positions with contracting staff takes a serious nose-dive. Might be 6-months, might be a year - but BAe Systems have made one of the biggest mistakes they ever could.

I know, because I'm a Contractor, and like me, many Contractors are now terminating contracts with BAe - and never will again entertain working for them in any capacity.

there are far more reputable firms out there - including abroad.