Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
https://www.whitehouse.gov/priorities/covid-19/
Couple of points in here. These caught my eye
Ensure all Americans have access to regular, reliable, and free testing.
• Double the number of drive-through testing sites.
• Invest in next-generation testing, including at home tests and instant tests, so we can scale up our testing capacity by orders of magnitude.
So let’s hope he isn’t going the same route with cheap LFT tests.
Let’s hope next generation testing is out promate ?
Or maybe lamp?
Lots of money going to be spent which is excellent
The medical diagnostics sector is set to continue to see growth in 2021 as demand for coronavirus testing is not going away any time soon, a report from broker finnCap states. Analysts say that while COVID-19 testing is likely to peak in 2021 it will continue to see strong demand into 2022 and beyond as a result of the logistical hurdles in vaccinating the global population as well as the uncertainty around how long vaccine jabs provide immunity and their effectiveness against new COVID strains. “The encouraging progress on vaccines has prompted fears over the sustainability of this market; however, we believe these fears are unwarranted," said finnCap analyst Arshad Ahad. “We believe the market has yet to peak and will do so in 2021, but will remain strong into 2022 and beyond. Overall, it is likely that COVID-19 will be a part of our lives for years to come and may even be a perpetual presence – and as long as this remains the case, COVID-19 testing will be an important tool for keeping the disease in check and avoiding outbreaks.” Companies offering or developing PCR tests include Novacyt SA (LON:NCYT), Yourgene Health PLC (LON:YGEN) and Genedrive PLC (LON:GDR). To effective help control the pandemic in the UK alone, it has been suggested the government will need around 120mln tests per month. "Global demand exceeds supply, providing opportunities for existing diagnostics providers and newcomers alike," finnCap said in its quarterly life sciences sector report, ‘Rude Health: COVID-19 Diagnostics’. "The diagnostics sector remains a high-growth area, at a time when most other sectors are experiencing disruptions due to the pandemic." PCR testing is the most common type of testing as it provided the highest levels of accuracy, but is expensive and requires experienced professionals and some results can take days to process. Lateral flow diagnostics, although not always as accurate as other technologies, can provide cheap and rapid results and be administered without training. Companies offering/developing COVID-19 lateral flow diagnostics include Avacta Group PLC (LON:AVCT), Omega Diagnostics Group PLC (LON:ODX) and Immunodiagnostic Systems Holdings PLC (LON:IDH). The finnCap report also highlights two less well-known processes – the enzyme linked immunosorbent assays (ELISA) being utilised by companies such as EKF Diagnostics Holdings PLC (LON:EKF) and loop mediated isothermal amplification (LAMP) being ultilised by companies such as OptiGene. FinnCap also noted that the AIM life sciences sector outperformed larger-cap and health indices and other sectors in 2020, boosted by COVID-19 testing stocks. There was also more than £1bn raised for the life sciences sector on the AIM Index over 2020, a leap on the £242mn raised over the same period in 2019.
What we need now is some good news and we will rocket. I’ve seen us do 30% in a day on good news back in March April so anything’s possible
Sell now to get rich or hold to become wealthy
That means different things to different people depending on your circumstances.
https://bidstats.uk/tenders/2021/W02/742850935
if you read this award you will see it wasn't tendered, just awarded under emergency
1) its for pcr tests which is good
2) no end date so could be extended
3) its for DHSC so hopefully supported by us with our tests
shaunp one for the spreadsheet hopefully?
Regards
Bramley1967
Been in this share long enough to know that three days rise can normally be followed by a tree shake so wouldn’t be surprised to see that today. We were at this level in Oct and dropped back to 900sp. Then three days after that we had a rise every day and got to 1191.
So hold on to those golden tickets and don’t let the games fool you into selling. We all know those results are going to land soon
Regards
Bramley 1967
https://bidstats.uk/tenders/2021/W02/742850879
I see samba was awarded today. Now this is only for 20m and says out in field hospitals. Goes to show that awards are going out and that obviously this is a small award so there must be other bigger awards to cover more hospitals.
•
• Innovation - Samba COVID19 Testing Equipment and Consumables Innovation - Samba COVID19 Testing Equipment and Consumables…
? Source: Contracts Finder
? Published: Wed 13 Jan 2021
? Closed: Wed 13 May 2020
• These test kits allow for field use in hospitals enabling the rapid on-site Point of Care (POC) testing for C-19 and have significant operational advantages over off-site Laboratory testing as they allow for virtually immediate test results without t…
? samba covid19 testing equipment diagnostics and radiodiagnostics test kits site laboratory testing immediate test results innovation consumables innovation testing laboratories consumables testing
• 21 month contract, ends Feb 2022
award: Diagnostics for the Real World
£20.4M
https://www.bloomberg.com/quote/NVYTF:US
Over 17 on the USA listing P/E ratio
Good morning all
When I originally posted the bbc news this morning I wanted to start the debate of what effect this will have on the sp. I think we all understand that LFT tests are not as good. The problem is the sentiment, not all investors understand the difference and could this lead to a drop in sentiment and as we know even when the fundamentals are strong when the company is keeping radio silence for whatever ever reason this ultimately hurts the sp.
that’s a great post from Tay the problem is that information isn’t in the public domain.
I’m heavily invested here and we definitely need something next week, news about acquisition, phase2, new tender, USA ???? sales. Just something to counter this relentless Silence. I’m holding as I know it will come good. It’s whether others will also
Regards
Bramley 1967
Covid-19: Rapid tests for asymptomatic people to be rolled out https://www.bbc.co.uk/news/uk-55604677
So here we have it folks. LFT win the day yet again. I posted yesterday that one of my managers had gone for a test at one of the official nhs test centres and they have used an LFT test instead of a pcr. Looks like that was just the tip of the iceberg and now again the government is hailing LFT tests as the way forward.
What does this mean for us I wonder on Monday more loss of sp ?
Bloomsberg in the USA have the P/E ratio at 16.65 on their webiste
Good evening
I just read all your comments and I have to ask myself are they correct?
Firstly I trade and watch M&S this isn’t on aim but suffers the same kind of fluctuations and problems we have so I can’t agree that moving up to be ftse 250 makes it less of a gamble for investors.
Secondly I want us to come in on the estimated figures or over as much as the next man. You talk about the share immediately rerating on this news. Where is the rule book that says that will immediately happen? I see other Covid stocks on here which as you mentioned don’t have any just for being at their valuation so why do you think this will magically just happen. I’m heavily invested here but just don’t want to over egg the pudding when it comes to saying we will rerate as it is a given. Not trying to put the cat amongst the pigeons here just trying to make sense of it all.
Regards
Bramley 1967
Good morning Porky, can i firstly say i enjoy your comments on here. In answer to your question I think that it is completely individual and personal to the the investor or how they feel about where an sp is headed. It also depends on how long you are prepared to wait and quite frankly if you need the money and what you are prepared to risk.
I see on here time and time again when investors say they have left and get berated by other investors saying they are made we are going up etc. However if you have run the course are happy with the profit and want to maybe invest in other shares or need the money then that is not up for anyone else to judge.
I say about the I billion and sp £15 as i have been in since March and that figure seemed a long way away at that point. It now seems more likely to be a reality. I also feel that the Market will need to consolidate at that point an take stock of what the company says about forward projections before we get into the realms of what you are suggesting.
We could of course wake up one morning with the shares suspended and a takeover deal on the table. Then i think your figure could be a reality. Again no one knows its all speculation until we have those h2 revenue figures.
What I do know from watching other shares im watching and stupidly didn't put any money in is that some shares have the ability to have 30 to 40% raises for three or four days on the bounce with the right news. so anything is possible
regards
Bramley 1967
Or he was given a golden handshake to join that he had to buy the shares with? either way him joining can only be seen as positive news. You can only take an educated guess at the type of salary this guy must be working for so you don't employ someone like this on a whim.
Good morning everyone. No not sold out just patiently waiting in the sidelines. Let’s face it we have been in this holding pattern between 700p and 950p since the big drop from 1200p. We know that we have big funds like blackrock involved and we have the broker notes who have much more information from the horses mouth then we do. It doesn’t really matter what we say on any of the chat boards or Twitter the only thing that is now going to propel us to mid cap are the release of the H2 figures. This is the only way the market will be able to work out what direction we are headed. Covid currently is off the scale so I have no doubt in some shape or form the company is selling test kits.
So for me it’s sit back and wait. It’s going to be late in January possibly even Early Feb again you can only go on what has happened before.
I still think this is a 1 billion m cap with an sp of £15
So all relax and ride the fluctuation the right direction is coming and when it does the market will react. Sell now to get rich or hold to become wealthy.
Regards
Bramley 1967
Happy New Year’s Eves everyone
Regards
Bramley 1967
Don’t worry Porky it will happen here. As you say timing is everything I would say patience is everything also though. Just be patient a little be longer here and we will all be rewarded
Well that’s not happening today France is nearly 4% back
Merry Christmas Tayq
Thank you for all your great posts that keep us all invested
Here’s to a great new year
Regards
Bramley1967
just no volume going through 0.75% of shares trading. This is very low so the mm are just playing games withy the sp to create some panic selling or trigging some stop loses. just hold until the end of Jan as we will have news flow in that period. Have faith in the directors buys and the broker forecasts