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JAdam, you really are piece of work. Instead of trying to shxt investors up with you picking out negatives from the article - Bearing in mind you bang on about insuring investors on this BB should hear and understand both sides, you decide to go for headlines such as "Rapid Covid Tests Are Missing Early Infections, Virologist Says"
Why don't you then balance that statement with the two below, as an example:
“Given that PCR tests results are usually not returned within a day, both testing methods are similarly effective in preventing spread if used correctly and frequently,” Polechová said.
"Even if rapid antigen tests miss the first few days of an infection, they are still powerful tools, Drosten said, because they can show whether someone who is already experiencing symptoms actually has Covid. They’re useful, too, for identifying clusters in settings such as schools, even if it takes a few days to uncover those cases"
upomega, I was pulling your chain, its wasn't meant as literal. That is good to hear you are still in, by what you post/I have been out for 10 days due to family issue/so been out the BB loop/seems you are very anti Omega. GL
upomega, what are you smoking these days, you are like the wind, go in any direction depending on where the SP is.
wpa5, My neighbour who was Canadian had to run back because his wife was ill, he asked the fella to come in, his wife was the cleaner and let the dog out. I found out on the Monday because I was the dog walker, no dog, questions, police came, dog eaten. Not clever, my Canadian mate I picked up from HK airport, 15 hour drive from where I was working in China, I told him, he went there and basically fxck the guy up. He then did 8 days in a cell, cops let him off when the factory boss got involved. I spent 26 hours in the cell next to him in the cop station, which was interesting.
HeardItAllBefore - I am not comparing, I am specifically talking about UK diagnostics, which has been not up to scratch, clearly. Numerous govemernt officials have clearly stated, including Van Tam that one of there biggest regrets is not having an UK diagnostics industry to lean on, and moving forward this mistake will be rectified. If that was not the case, then tell me what is the point of Omega, GDA, BBI, Surescreen and on it goes?
To give you an example not using LFTS made in the UK, HMR looses 38%, that is 380,000 for every million worth of an contract given to a UK company.
I take your point on steel, but then you might as well say several other industries as you have stated. The UK wanted clean air, clean rivers, clean everything...why do you think they shipped out every dirty industry to China and India along with Europe.
What isn't made in China? I lived and worked there, my experience I was treated very well, apart from the neighbour who stole my neighbours dog and ate it, that is a true story.
I am still under the impression once the Innova stock has been drawn down and UK suppliers can take up the slack, I don't believe the UK will order large quantities from Innova - There is no benefit as they don't employ people in the UK, no NI contrubtions, no pension contributions etc etc.
On the plus side, Innova have been a good thing, its shown LFT's can be used, have been used and the UK Gov are willing to give out billion pound contracts. If Innova had not supplied, would the market of been created as it is today, for Omega etc then to take over?
JAdam, CTEA will do nothing - You already know the CEO is more or less living off PI's - You even stated he was a bit of rogue before you decided to rinse and repeat your trading technique on that BB. I am in I3E, have been for a long time, I see you keep your attitude down on that BB, bit to smart for shisters like you.
Biglad, you want to read about Jadam, have a butchers at my history, the last attempt I asked several questions and he failed to answer any of them. If you are in CTEA, de-risk and go a on free ride - If by a miracle anyone is thick enough to give them a decent contract the share will get traded and sink back - Just look at the graphs. Don't be fooled by idiots like Jadam, LSE is full of them. GL.
bakky - good summing up.
LBC radio, wheeling out anyone on the left who hates the Tories......tick tock!
BJ is probably vocassed on Isreal - I got a few friends who live there, its a mixed bag. You can now do what you want with a passport, (as long as you have had the Vac) mix, sit on the beach etc. The 12-16 year olds are up next - All the youngsters have been told, no proof of Vac, no bar, no club entry etc. Problem is, if you are Arab/Isrealie you are not getting the Vac, politics and control of movements is what is behind this, unless Isreal start to vaccinated everyone.
I don't see anyone else rolling this passport concept out, its quite obvious now that BJ thinks this is the way forward, his comments yesterday cemented that thinking, unless he swings the other way by next week/anything is possible.
'If so, for the margin would be smaller with private/corps paying a higher price, add on top of that overseas sales to mix the waters up a bit:
That should say 'The margin would be HIGHER, not smaller' - I can't see CK charging private/corporations a lower price on a test.
Steve777, for a price the only thing you can rely is on what CK stated to BJ Q&A, and what Fincap have - Which is a 50% margin - How each company desribes a margin is the interesting part, some use margin, but mean mark up, some say mark up, but mean gross profit - If you take margin as what as defined by my brain, use 50% as 'margin/GP margin' which sits 15% under the last two years gross profit, reported on their accounts.
Then, what contract is CK referencing, UK Gov - If so, for the margin would be smaller with private/corps paying a higher price, add on top of that overseas sales to mix the waters up a bit.
The only time anyone of us will really know, is when next years balance sheet/PnL can been seen for 21/22 - Then we will know 100%.
If you use the 50%, and take that as 'margin' in the true sense, then for each 100 million they take in, 50 million is banked. If an item costs £100 to produce and is sold for a price of £200, the price includes a 100% markup which represents a 50% gross margin. Gross margin is just the percentage of the selling price that is profit. In this case, 50% of the price is profit, or £100. While they measure similar metrics, gross margin measures the percentage (or £ amount) of the comparison of a product's cost to its sale price, while gross profit measures the percentage (or dollar amount) of profit from the sale of the product.
Reg, city folk ;)
tecbadger - Lucky escape dude, just kidding. Mauritius is a great spot, haven't been back for a few years so look forward to meeting the lucky lady.
Vascular, good point, as you say, what could he say.
Nice one, too true, need to keep the troops in order ;)
1investor, good insight - Thanks for taking the time to publish your thoughts.
CaptainSwag, point taken. Selling the company is a fair point, I do find it strange how some CEO, Trevor Brown (EX RMS/BRH) gets away with some real dodgy RNS's, CK seems to be on the other side of the coin completey - One thing is for sure, we are about to find out how good his sales/putting contracts together really are...I think most of us are expecting to see some decent numbers over the coming quarters.
CaptainSwag, I don't see that RNS as damage, granted it could of been phrased better, but the message to the market would of remained the same - I still think the RNS was done to keep a lid on the SP, I think CK is fully conscious that the share base currently is domintated by PI's, and that is not a long term prospect he wants. If the RNS was more bullish, the SP would of got a run on itself, great from traders, 3 days later a nice 30% drop - Then 'people' would be having a pop at CK for that, LTH's would have started asking serious questions, rather than the standard stuff we read on here.
You only got to look at some of the language on here and Twitter after the RNS and this last week, shows you a lot of PI's have their heads stuck up their arses. This is a results driven business, when he delivers the contracts, then I would imagine the RNS will be not ramped up either, it will state what it is, rather than some of these CEO's on AIM who think 'all' PI's are idiots and can ramp away - I actually think CK has a lot more respect for us, his shareholders than most give him credit for.
Not to say he has not made any mistakes, but we either trust the dude or we do one. Be nice to see some TR1's with some II's coming on board, that would add value.
Trickymatters, do you have the link for that please?
Pictland, I lean more towards Northernboy for this year, simply for the reason the IMF/ECB/BOE/FED etc will not allow a crash, not with covid and the serious issue of vacciness. Also, with Biden in his first year, he needs a breathing gap, he has made it quite clear its all about Covid - The US Swap Lines will be used/have been, I saw an article the ECB have used a trillion US on one handshake - Next year, who knows, this year, for me I don't see it, but I do agree with a lot of your points.
The point for the post is digital currencies - Not BTC etc, good to trade, good to hold X, long term probably be a vehicle for wealth storage/limited supply/one fund is accumulating, the likes of Musk, few Chinese players - By 2024/the next halving the price IMO will start to be more controlled to suite the agenda. Plus new coins, NFT's will become a big driver, green mining, need to compete against China and their use of controlled state electric.
The FIAT experiment is pretty much coming to the end game, it has gone through phases, since the gold standard on the $ was dropped, its been going down the plug hole, controlled by the US to suite their worldwide agenda - China has clearly had enough, as with most countries who have to rely on the $. How this works into a $/£/€ digitial currency I am not sure, but this for me will be the 'restart' button - China released their DC last year, funny enought back in March/April, even Trump had an executive order last year on the US electric grid - Wrapped up as protection for US interests - At the same time Congress pushing through currency digital bills, Visa took a patent, and on it goes.....
If I was cynic, seems like a play to me, I have been in the crypto world since 2012, a lot of talk outside the madness of what we see, there is a change coming, FIAT being the only driver and how to get out the hole world debt has created. Its also interesting to see the powers to be have let BTC etc run, some point towards letting the masses getting use to the idea of no FIAT, plenty of evidence or not (what window you are looking through) that backs this up - I see India has made a play to stop BTC, Facebook's Libra currency will start to be rolled out, would not surprise me to see Amazon using Libra, or creating a token. Mighty Google will have their version, all Corps will follow, or are already.
For me, FIAT the game is played out, Covid has accelerate the end game - For BTC, blockchain decentralized, can't be manipulated - FIAT is, Libra etc etc will be controlled, as the $ is today - Interesting years ahead, we will see how the 'man' plays the game.
JAdam, couple of points to balance your position as a trader of these shares.
The first point, the directors sales have been discussed to death - last week I asked you are straight question regarding the Omega EMI Scheme as well as the SUOS, you failed to answer, I take that as you do not understand the share sales and why they occured. You push this point, I would love to see some meat on the bones, rather than just what you think.
As an example, I did not see NCYT as an example passing over profit forecasts on the day contracts where published. Can you point me towards several companies in this sector, on release of contracts, then issue profit forcasts to sit along side the contract that has been won?
I think if you are going to be using sentances such as "profitability only becomes known in regulatory disclosure" maybe you should stop pumping away on CTEA, if you are going to use the same narrative for Omega, then I would of thought your thinking would cover all CTEA as well as all other companies you invest in.