Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
does go to show though how quickly a percentage change can alter in just the one day with the right news
Our day will come
https://www.gov.uk/government/news/new-uk-government-covid-testing-site-opens-in-kilmarnock
do we know if we are involved in these sites ?
he UK Government has today (Wednesday 16 December), opened a new walk-through coronavirus testing centre at the Grand Hall in Kilmarnock (KA3 7AA). The centre is easily accessible for people without a car.
The test centre is part of the largest network of diagnostic testing facilities created in British history. In Scotland, this comprises of six drive through sites, 21 walk-through sites, 21 mobile units, plus the Glasgow Lighthouse Lab which is working round the clock to process samples.
In Scotland, the UK Government is providing all COVID testing and test processing outside of the NHS. Around two thirds of all daily tests are provided by the UK Government, in support of Scotland’s health services.
Tests must be booked in advance at: NHS Inform or by calling 0800 028 2816. People should only book at test if they have coronavirus symptoms (a high temperature, a new and continuous cough, or a loss or change to their sense of smell or taste).
Health Minister Lord Bethell said:
“To respond to the coronavirus, we have built a major testing and tracing system from scratch. We are constantly working to expand and improve it with new technologies and innovations so everyone with symptoms can get a test.
“New walk-in sites like this one makes it even easier to get a test no matter where you live. If you have symptoms of coronavirus, I urge you to book a test today and follow the advice of NHS Test and Protect if you are contacted to protect others and stop the spread of the virus.”
Baroness Dido Harding, Interim Executive Chair of the National Institute for Health Protection, said:
“Walk through sites offer communities better access to coronavirus testing, so everyone with symptoms can get a test. This new site is part of our ongoing work to expand our testing network across the UK which now has the capacity to process more than 500,000 tests a day. We will continue to expand capacity to improve test turnaround times and push forward testing innovations to make sure anyone who needs a test can get one.
“Please book a test if you have coronavirus symptoms: a new continuous cough, a high temperature and a loss or change in sense of smell or taste, and follow the advice of NHS Test and Protect if you are contacted.”
UK Government Minister for Scotland, Iain Stewart, said:
“The UK Government is helping all parts of the UK fight the coronavirus pandemic.
“Testing is vital, helping to manage local outbreaks and protecting people’s livelihoods. The UK Government is providing the bulk of Covid testing in Scotland, and this new walk-through centre is just the latest in our extensive testing network.
“We are pleased to be working with local and commercial partners. These sites are not possible without the hard work of many people. I would like to thank everyone involved for their inc
We’ve played this game so many times since April. Let’s get the h2 contract and the h 2 results out first then we might have a good idea of the sp. then you might have an idea of what an sp might be. Suitors could really be anybody but you would hope it’s would be anyone we are connected with.
Just look at the volume today
0.26% of volume to be precise which is nothing. This feels me with confidence as everyone is holding onto those golden tickets. With blackrock now holding 3% it makes the shares in the hands of the private investors more valuable.
However we must remember that after the 31st of March 2021 Vatel under the agreement noted in the RnS dated the 3rd of June have 811988 shares that I suspect they will dump into the market which will have an affect maybe on the sp in April.
Hi Porky9
I fear we will just be bumping along in this pattern now until we have the h2 revenue figures that wont be released until the end of January if last year is anything to go by. The market is just waiting. The only other thing that may help is the triggering of phase 2.
I don't think it matters what we really say on here the market has the level at the moment and its only concreate news like the above will catapult us where Blackrock and the broker notes are expecting us to be.
all the ramping in the world won't make any difference. Cold hard facts are needed at this point from GM himself.
Regards
Bramley1967
Good morning all
So just been in the car and heard on radio 4 that care homes are too be sent LFT tests and more ppe to allow visitors. Do we feel that’s it now and this is the governments response to that problem?
there is just no volume going through 0.21% traded in the first 30mins.
everyone holding onto those golden tickets waiting for the sales results to be released in Jan
do we already know about this one as was published yesterday?
https://bidstats.uk/tenders/?value=high&btype=central-gov§or=health#739835903-739705013-24
Randox Laboratories LTD Testing Services
Source: Contracts Finder
Published: Thu 26 Nov 2020
Closed: Fri 02 Oct 2020
Provision of services to support the UK Covid-19 Testing Strategy
medical laboratoriesrandox laboratories ltd testing servicesprovision of services
0.5 year contract, ends Mar 2021
award: Randox Laboratories£347M
Good afternoon all
Some great research on this board today and also on Twitter. New jobs advertised, relationships confirmed with Avantor in the USA
The sp bounced about but more or less stayed in the same range without any massive tree shakes.
One thing I want to talk about is rerate. I see this time and time again on the different boards about how far the market is behind what we are actually selling. The rerate is normally wrapped up around comparing the amount of sales revenue we predict is going on based on the research and what the company say on their news.
Now being new to this world of aim shares Correct me if I’m wrong but my understanding is this.
When the company releases its sales figures we are hoping for there is an expectation which is largely backed up by the sterling work of ShaunP that the turnover of sales orders could be between 500 million to a billion. This is of course higher currently then the mcap. This is where I need the experience of better investors that have seen this happen before to tell how this works. Let’s say the figure are released abs they are 750million and the company confirms that we have sales going into 2021 along the same lines will we see an immediate spike in the sp to get up to this figure? Or will the market just do what it normally does when we release an RnS and just take it in it’s arise?
I’m just confused how the rerate happens?
What is the opinions about this?
Regards
Bramley 1967
Good afternoon all
Well that was a rollercoaster coaster ride today. Very much like the saw ride at Thorpe park where you reach the top and then slowly go over so you are facing vertically down looking at the drop going into the dark. That actually how I felt looking into the drop this morning. If you are new to this share these “tree Shakes” in my eyes are totally deliberate and designed to sort the inexperienced out of their shares.
On days like today you have to have faith into why you bought into the share in the first place and have confidence in your about I have spotted an opportunity that you want to play out. This is what will get you through when you see yourself diving into a loss making position. The mm want you to doubt yourself and take a loss. They will have also picked off a few stop losses today.
There was no justification for the drop as there was no justification for the rise. Nothing had changed.
Keep joining up the dots here the strength of the share was shown by the 6% rise over yesterday’s price.
Keep joining up the dots. Keep you wits about you and ride these rollercoaster rides it’s all part of the fun. I’m heavily invested here and my heart stops when you have days like this but I’ve seen it before and the advice above is what stops me hitting the sale button. It’s served me well when we were at £2 when I was in at a very heavy loss.
Imho we are ending for that billion mcap. Sp£14 If you haven’t read the novacyt insider today with projected revenues on the q16/q32 machines I suggest you do
Have a great evening and see you all at 7am just in case we get that ping.
Regards
Bramley 1967
Good afternoon all
Well it’s turning into a couple of difficult weeks we have now seen us go from 1194 sp on the 23rd to now a month later at 726p a drop of 468p or just over 39%. That’s a bitter pill to swallow in anybody’s book. Now that has come about in my opinion because of the favourable vaccine news and the change in sentiment that covid is over and by Easter we will be back to normal Of course we know looking at the research we are unlikely to be in that position then. Look at the deaths today 608 people.
Now we have had some positive news with the directors and others buys at around the 800p mark which we have seen before. History has repeated itself last time the directors bought was at around 300p and we saw almost the same percentage drop again to almost 200p. It’s different now though. We are waiting for the second phase of the nhs contract to be triggered. We haven’t had h2 sales figures and we have new products such as the antibody test and the Versalab entering the private sector arena.
The question is what is now holding us down and what can be done about it.
The only answer we can now hope for on the short term is some positive news from the company itself and this has to be sales figures related as any other news just seems to cause a damp squid on the sp.
The other question is if and when we have the sales figures, looking back these were not released until the 28th of January last year can the current sp hold itself so that we see a rise in the market. We saw a rise from 260p on the 8th of April to 492 a rise of 89% and also a rise from 396 on the 22 of sept to 1194 as mentioned earlier so a rise in the month of 200%.
So the rise has happened twice.
With the nhs contract hopefully being triggered and sales figures due it is just a matter of holding. The clues are there. The directors buys, the increase in jobs, the new products, cash rich with no debts and above all a Ceo that hasn’t let us down yet.
These are the days when the sp is down and you feel downhearted, kicking yourself for not selling at the peak or even buying around the peak that you will look back on a realise that it was through the tough days and weeks that you held sometimes is a loss situation you will be rewarded when we get to the million pound mcap and the sp is 1500
Have faith
Regards
Bramley 1967
https://twitter.com/kathagelfc/status/1330973132648312834?s=21
What do you make of this Shaun p ?
Is Bletchley aware of this spy?
Good evening hill seeker
Yes the best is yet to come so many dots that the earlier investors will have missed. Imho we are still heading for the billion pound m cap sp £15 that I have been pushing for what seems months now. Who knows that maybe a low estimate. The fundamentals haven’t changed but the sentiment has with all the vaccine news. Keep the faith everyone. Days like this where we drop a few percent you have to take in your stride. A company fortunes can change for the good with the right news and the news we are all waiting for are the sales figures for h2. Once these land we will see a Stella rise. Hold hold hold until you see the whites of their eyes everyone and that may have to be well into late January
Regards
Bramley 1967
Well what a day we have had today. We all had to watch the share Bob about and then finish on a 2% loss which considering the additional vaccine news that came out was ok I feel in the scheme of things. Albeit we had to watch Avacta start to have a rally at the end on what seems like no news and may just have been fomo. Goes to show though how quickly momentum can be gained.
Then we have a very late buy. Now that is very interesting a wife of the finance directors according to the research above. Now I wonder how that conversation stared off. You’ve got to have confidence when recommending a share to a your wife because if it bombs every time you see that person you’re going to get reminded about it. So I feel we should again have confidence in this buy. I don’t think it’s going to have a massive effect tomorrow as I think the market won’t see this as a massive buy. However the market always surprises me and the sentiment may really change as a buy like this is similar to what most of us here I suspect would do if we had a mate tip us off about a company that they work for was going to boom.
So hang on in there every one the good times will come for us and this buy is another set of breadcrumbs to follow
Regards
Bramley 1967
Hopefully we will pass the £1.38 resistance point by the end of the week and then climb up towards a busy Christmas. We were around the 2 to 2.20 mark last year, would be great to see that again. Chances you think?
The trouble is there are lots of care home trails on at the moment and we are not the only one. The LFT tests are also being trailed and I wonder if the 912million, 3 and a half month contract that the tender has now closed for is being made ready to roll out a LFT solution to not only the care home issue but also to get the students home for Christmas.
I know the LFT tests are not as good but I wonder if the government, care homes and joe public give a stuff about how accurate these tests are. At the end of the day people just want to get back to normal and the LFT test gives the government the means to do that. Listen I am heavily invested here so want the care home contract as much as the next man. I see other problems with that. Who pays for it? most of the care homes are privately owed, should they buy a q16 machine of the government. Then who continues with the test, who pays, the Government, the care home, the residents?
I just can't see it. I know some are saying the increase in the production by IT-IS has gone up but I feel this is either for an increase in phase 2 of the hospital contract or its for a contract outside the UK. The USA consultant that bought in knows something. Maybe we are supplying a state somewhere with q16/q32 for all their hospitals.
Just my thoughts
Regards
Bramley1967
So like most people on here I suspect we are all jumping between this chat. Looking at the price moves and back again. I’m caught in this trap after seeing enough money on Monday morning to clear my mortgage to now not seeing that. I was holding as I suspect a lot of us where for that next piece of news that was going to propel us from the holding patten we were in around the £ 9-10ish to the £13-15 the broker notes were telling us.
Well the only part of that which has changed is our current holding area has come down. We haven’t changed and the fact that numis came out this morning saying they are still saying £13 should give us all confidence. We know that testing is going to be around well into 2021 and we know that GM is not sitting on his hands. We also know this is aim and shares can rocket ?? like we have seen yesterday and today on the right news and sentiment. We know we have news due which will change the sentiment. So hold in there everyone. We were at this level about a month ago if you look back and it took about twenty days for us to get to £10 we just ticked up slowly which hopefully is where we will finish today up 2-3 % which is great we just have to sustain it over a period. We’ve done that before we can do it again. Look at yesterday 14m shares sold and 13 million bought. That wasn’t enough for the 30% drop we saw.
Have faith in the fundamentals if you haven’t read the novacyt insider today you will see there are much bigger companies making nowhere near the profit we are. This makes us a prime takeover target which could come at any point
Hang in every one sell to get rich and hold to become wealthy. That 1billon mcap is still on the cards imho sp15. You have just got to be patient and ride the ups and downs.
For us to finish up 1.28% shows the strength of the company. We are embedded in the uk testing strategy and it wouldn’t surprise me if we have a lft up our sleeve we are just about to put forward fir part of the 912m tender
Regards
Bramley 1967
https://bidstats.uk/tenders/2020/W46/738590726
Who's going to get the 912m award for LFT. If only we had something we could offer the government?
would be great if we had been working on this behind the scenes, remember those two new names we had registered? i wonder if this could be something. need something after today
Wow what a day but the fat lady hasn’t sung yet.
France finished on 8 euros dead 30% down and Uk 702p 33% down
But we saw this the last time the vaccine was talked about and we recovered. Testing hasn’t gone out of fashion but of course the sentiment of the market changed today. We traded 18.89% of the capital which is one of the biggest days I’ve seen for a while. Let’s not forget the fundamentals here and the contracts that have been given and will continue well into next year. Our market cap now is 513 million which we all know is undervalued. We know that and the market knows that. Just look at the green on the picture. More people took advantage of the low price. Yes there was a big sale at the beginning but that was matched by and exceeded by the sales. The mm had a field day today on Covid stocks. We were not the worst affected. For those that held imho that was the right thing to do. This is tough especially when you see thousands of pounds and in some cases ten of thousands being wiped off. Remember though it’s only wiped when you sell. I’m convinced that over the next week or so more testing news and contracts and dare I say hopefully an RNS which will bring us back to a market cap and sp that we know the fundamentals that we have all been discussing and that haven’t changed give me confidence. Just look at how fast other non Covid stocks recovered today equally up by 30 -50 %. We could equally rise as quickly as we fell today.
So have faith everyone we will soon get back to being a 1 billion mcap sp15.
Regards
Bramley 1967
I like a lot of people holding at the moment whilst we are flying around in a holding pattern would be happy if we just keep in the band we are in currently. What I don’t want to see is a slow decline. Whether it’s the end of the week or the end of the month I’m not really concerned. The re-rate will come when we have some confirmation of the information we know must be coming.
Imho. 1 billion mcap. Sp£15. It’s coming it’s just a matter of time. All those hedge fund managers can’t be wrong.
Regards
Bramley 1967. See you all at 7am