I billion sp£15
Patience everybody. Don’t give your golden tickets away today.
Just watching the news. Doctor waited 9 days for his results. People sent to testing centres hundred of miles away. Parent with a sick child who has been trying to get a test for last two days.
Hospital saying don’t come to A&E for a test go to a test site
Bottlenecks in the labs which is why appointments are restricted
Labs can only handle 205k a day
More tests needed as schools back.
NHS can process 72k tests a day
Next new super lab not coming online until October
The lighthouse labs can handle 137k test a day
3105 cases recorded yesterday and 27 deaths yesterday or 11 a day average so far
Public confidence is at an all time low
So what does this all mean for us?
We know from the latest RnS we have built the test for Astra Zeneca who are supporting the lighthouse labs. That’s about all we can really confirm
Once GM releases the numbers that hopefully confirms we are involved in solving this awful virus in the urgent action imho we are going to be seeing an acceleration of the sp and those of us that have held held held and joined up the dots will hopefully see GM pull off his mid cap dream became reality.
We must be a huge target now for one of the big pharmaceutical companies taking us out.
1 billion cap sp £15 have faith people if it’s coming it’s coming soon.
regards
Bramley 1967
Good evening all
Couple of guys on Twitter talking about 100,000 off trade buys after hours. Bodes well for tomorrow.
Regards
Bramley1967
Just looked and half way through the day and only 0.22% of capital traded which says to me everyone is just holding on so the mm are finding it really difficult to trade which is why the price is holding and the volume is low. If some big news lands they will have to do something major to get investors to trade.
Hi all
Just found this in the latest test and trace update talks about the different tests and what’s happening
https://www.gov.uk/government/news/nhs-test-and-trace-statistics-for-27-august-to-2-september-released
Background information
We are increasing the number of testing sites to 500 by the end of October. We have more than 400 in operation, added 19 last week and expect 17 more this week.
We have increased the number of local or walk-in test sites to over 70 with further opening each week.
As part of the drive towards a target of 500,000-a-day testing UK capacity by the end of October the government has announced the addition of new Lighthouse laboratories in Newport and near Loughborough to the national lab network and work is ongoing to expand this even further in the coming months.
Testing per capita: Reporting methodologies vary, but data suggests the UK is testing at a higher rate per capita than countries of comparable size, including Germany and Spain. Currently, for every 1,000 people, the UK tests 2.54 people each day, whereas Germany tests 1.88 and Spain tests 1.91
Tests in the UK are carried out through a number of different routes:
pillar 1: swab testing in PHE labs and NHS hospitals for those with a clinical need, and health and care workers
pillar 2: swab testing for the wider population, as set out in government guidance
pillar 3: serology testing to show if people have antibodies from having had COVID-19
pillar 4: blood and swab testing for national surveillance supported by PHE, the Office for National Statistics (ONS), and research, academic, and scientific partners to learn more about the prevalence and spread of the virus and for other testing research purposes, such as the accuracy and ease of use of home testing
Regards
Bramley1967
No RNS but with all the evidence that’s been uncovered and the good rise yesterday it would be great to see the same again today. Who knows what the next couple of weeks have to offer. I’m just pleased I’m in as it really could just head north from here now. Just hoping we can all get to that Ninety eleven hundred pounds', in one shape or another. IMHO 1 billion pound company £15 a share. It’s just a matter of time.
Regards
Bramley1967
Few more days like this please.
we need some sales figures and contract details first
So literally the billion dollar question is are we involved in the UK testing 100b testing program or not?
I Know I know its not all about the UK but lets face it we have heard Bugger all about any contract in the world for ages.
We know the sentiment here is driven by share owners that I would suggest are UK or European based (France) so what is happening here is important.
I hear the Astra Zeneca connection we know via the last RNS we have made the HT test for this very situation for the super labs, but how much of this 100B is going that way 10% 20% ????? 90%.
same with the GSK test is this 10% 20% ????? how is the 100b split
I take some comfort in all the new jobs that talk about NHS and the RNS about the HT test however
we really need GM to give us some clarification of what our involvement is now as this is massively important.
Regards
Bramley1967
Hi All
Really surprising the rise today looking at the volume. we are almost done and have only traded 0.86% of the capital today which again is a very low day. For this type of rise we would normally see around 3% traded looking back . This must mean that we have a lot more buying then selling and to meet demand the MM are having to increase the price to ensure they are getting enough people selling so they can buy the numbers they need to meet demand.
can the more experienced members tell me if you have another explanation because that's my understanding of it.
The trick is keeping hold of our golden tickets
regards
Bramley1967
Hi all
I see the interview is dated the 8th so would of taken a couple of days to put the article together so what GM is saying is based on the here and now which is encouraging. I agree with the previous comments this is now the second or third time we have heard GM say on our way to a mid cap company and as alluded to on here that’s between 1 to 5billion which would give a minimum sp of £15. Now to say this to a reporter in a article that talks about company’s facing real long term growth is extremely bullish and GM must have a firm conviction of this. I believe as others have said that this could be his way of telling us to hang on without having to realise sales figures he isn’t able to discuss because of disclosing clauses.
If you haven’t read this article and are invested or are thinking of investing in Nova then you can’t get any better views then from the man himself. IMHO one billion m-cap £15 sp. seen a lot of companies rocket with the right news and I firmly believe the rocket is fuel the men are on board and the countdown has started.
Regards
Bramley1967
0.58% of capital traded today so far which pretty much sums up how we are all feeling. Nothing much happening so nothing much being traded. That’s about just over 400 thousand shares changing hands. Or 82 people buying and selling £5000 worth. Kinda puts that into perspective.
http://bidstats.uk/tenders/2020/W37/734462003
Seems that not everyone was happy with another goverment decision and took it to the high court
An initial tender process was undertaken by Medicines Discovery Catapult Ltd (MDC) supported by UK Biocentre Ltd (UKBC) for a provider of an analysis platform to support the Covid-19 testing services to be provided by the lighthouse labs; the original award of a contract pursuant to that process was challenged by another provider, Diagnostics.AI Ltd, and remains subject to Court proceedings in the High Court (Claim No. HT-2020-000180) which are understood to be likely to be concluded by October 2020.
As an interim and urgently needed solution in order to enable sufficient testing capacity to be available in the system in the UK during the pandemic it was agreed that MDC be permitted to enter into a short term (6 month) Interim Contract with UgenTec NV for these services, pending determination of the Court proceedings in England pursuant to the provisions of Reg 32(2)(c) of the Public Contracts Regulations 2015.
The value of the services over the contract term (6 months) is expected to be in the region of EUR 840 000.
I've looked at their site and can't find any link to us currently
https://www.ugentec.com/covid19
regards
Bramley1967
Still here, just watching and waiting and checking every news channel.
Here hoping for an exciting week.
Bramley1967
Hi All
Seems we have had a very quite weekend on the board. I suspect this is because we have uncovered most of what we can already. GM always has an ace up his sleeve so I suspect we will get something announced we haven’t seen coming.
So what do we know?
Winterplex has been released and I suspect PD are pushing that all over the world. Plenty of places that need this India, Brazil, USA all still in massive trouble. We have the 2 gene test and with France seeing peaks I’m sure France must be musing over buying.
As talked about on here we are already supplying the British government and we now just await a confirmation of a new order. We know that we have a team now being put together which we talked about all the new jobs last week to support this
USA. So we know we have a partner and a USA sales manager, what we don’t know is who and what we have sold.
Some mentioned it today and that was the WHO order we were hoping to get involved with 500 million tests
We know from the RNS we are involved with someone for an antibody test? Now I wonder who that is?
Then we have the up coming agm, what will we find out here? It could be mind blowing.
We could acquire someone. Is some trying to buy Us.
It is very interesting and obvious that we have not been given for a long time what is happening, is that because we have our contracts where we can’t say anything?
It’s all very exciting as we could be on the brink of huge news. We all know the Mcap is ridiculously low for this type of company, no debts, large amounts of cash being generated with great profit revenue. We don’t know the numbers really as we have had the details of the deals or the supply. All we do know is we are employing more and more people. I for one are just holding Watching the Sp bounce around. I could trade on the dips but I’m really worried I wouldn’t be able to buy back in and I would miss out after holding for such a long time. I just hope this effort will be worth it.
That’s how I see it anyway. Feel free to comment and chip in as I would like to hear how we are all feeling
Regards
Bramley1967
I think the volume of traded stock as we get into the afternoon at only just over 1% shows the reaction to the RNS today. It’s absolutely fantastic we have got to market with the 2 gene test and no doubt the team at Nova have worked out the cost of additional support and R&D to bring this to market along with the effort getting it through its CE mark will be hugely outweighed by the potential market. Yet again the lack of traded volume shows that however good the product is unless we can have some figures around future sales or tenders won the market is going to hold back until this is known. I have every confidence this is coming but of course the market needs this data. Still good to see we are bouncing along the directors buy figure of 300p and the RNS as of course helped this today. But come on GM throw us a bone and let’s get the party started.
Regards
Bramley1967
https://www.lighthouselabs.org.uk/
So looking at their website it says
The Lighthouse Labs are managed through a partnership with the Department of Health, Medicines Discovery Catapult, UK Biocentre, the University of Glasgow, GSK, AstraZeneca, the University of Cambridge, and PerkinElmer. Their development is supported by the NHS, Public Health England, the Scottish Government, BioAscent, the University of Dundee, the Welsh Government and their Life Sciences Hub Wales.
So with Astra Zeneca and Cambridge labs. So will they be using our tests?
Regards
Bramley1967
On the BBC news today. Now why would you test in Southampton? Oh I know because that’s where we are based
Could we have another new faster test on its way?
From the article
The Department of Health and Social Care (DHSC) said it was investing £500m in existing trials of new tests including a rapid 20 minute test and a saliva-based test. These will be trialled on groups of people including staff and students at the University of Southampton and four Southampton schools.
It’s on her LinkedIn profile.