Member Info for CaptainSwag

they will i am sure get the gov equipment. in the presentation colin was talking about respecting sell by dates. there is no way that they will be churning mass amounts out until approvals. the new accountant won't let them. they are already looking at cash burn

hasiba - i still maintain that odx have a great portfoliio - food intolerance/hiv/ antibody / antigen

how they have managed not to sell this is really quite amazing. get someone in who can run a business... i have been saying for months. people defended colin presumably because he seems a nice guy and the gov contract was in the bag. he blew it. there is no more defending him

if you can't present to investors how can you sell in the cut throat world of business. i won't even go into his negligent and incompetent contract handling

that is just a repeat of what was in presentation. other reports are they are scaling back in lft manufacture - presumably letting agency staff go. if that is the case it tells you all you need to know about where this SP is going.
they will sell stuff to dam - they will get approvals eventually. i have serious doubts on their commercial ability.

the issue with BJ was that he was abusive and aggressive. But it does not take a psychologist to see it stems from insecurity like most bullies - the clue was in his nickname. as for his attacks - no none knows who is behind the anon user name - could be a kid or a grannie or disabled person etc etc . so not a good look. on the other hand he could have threatened to meet up with someone who was ex sas and taken him apart. just a bit silly really.

as for the ramps - personally i don't mind what position people hold if they can justify it. 67p by friday just isn't helpful. saying that it is a bit rich accusing others of being paid by some mystic boiler room/trolling in groups/losing people money when people were just being critical - rightly as it turned out. the only people who assisted others in losing money are those who ramped the stock - but ultimately one has to take ones own responsibility

as for colin and jocks relationship. i suspect colin in his naivety indulged him and then realised that it was not professional or doing him any favours in the long run. he should have been professional from the start. unfortunately twitter has changed the landscape - with companies trying to come across as mates and having their finger on the pulse with customers. wally will make you broke were shocking in that respect of not reading the room - eg tesla tweet.

Given the uncertain outlook on COVID manufacture for the UK government, the company has decided it is prudent to reduce the size of its lateral flow test manufacturing capacity in the second half.

As this is expected to lead to a lower cost base in the second half of the year, the board’s full-year expectations are for an improved sales performance across the group, with losses reduced in the second half.

proactiveinvestors.co.uk

trader

some joy division songs that remind me of colin

he’s Lost Control
Insight
I Remember Nothing
You’re No Good for Me
from safety to where ....big jock is lurking

blu- good luck mate

i had hoped that the dam employee had been right and CDTA dropped this week - ncyt already had one trst approved so they clearly got applications in early. much better run pro company in my opinion. also theirs were pcr - so prob not so many in the batch

i think there will be spikes on approvals...and i expect a further contract with dam for self test use.. trader sentiment could help especially if colin can keep quiet and go back to sleep...just think it will take time and could be more pain short term

"We investors have indeed been played for fools but it makes you wonder if they are still playing us driving the price down ahead of something....."

i am not convinced the bod played us....I just think they were not good enough. i suspect one of the directors twigged the weakness of the contract quickly sold out for life changing amount of cash - and then "passed the word"...colin was prob sleeping or fiddling or didn't understand the memo

i think he clearly did not understand the market or the room with his heady mix of negative rns and ramping tweets. his improved tactic was radio silence.

i understand he is still avoiding a large shadow in the car park surrounded by tenants super strength cans

just wrong people in the right place at the right time.......

just looking at zzzzzzzz posts.....remember this one

title - Captain Obvious Basher 20 Nov 2021 17:28

Attacks/Bashing CEO in Last 20 Posts = 0

Attacks/Bashing CEO in 20 Posts before that = 9

Funny how there's not been a single post asking for the CEO to go in the last 20.

Bash the CEO until sentiment changes > Put a few quid on as sentiment and technicals change > Stop bashing the CEO whilst acting a little more excited > Sell on increase as technicals and sentiment changes > Begin bashing again with fellow traders playing the same game > Filth!

Obvious troll and vulture. Clear for everyone to see. Quite a few bottom feeders here. Just ignore and move on as you would in-person with any other shady or selfish character. Not to be trusted be it on a an anymous chat board, in the professional environment or even in the same home.

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it was a lie about not bashing the ceo in the recent posts - my history is there to see

but very interesting that i was continually slated over colin "cant sell a test in uk in a pandemic" - still true by the way

now he has changed track - i wonder why?

but the likes of me and twatcher are not to be trusted......uuummmmm...ok then

in reality colin was in charge of a tin pot company...great products (hiv and food intolerance) that would probably been happy shifting enough units to make the company profit enough to pay the wages. products would no doubt have been reversed engineered by the chinese and sold to nhs at exorbitant prices without colin even realising.

he has been like a rabbit in the headlight since covid - and the expectations are probably what has driven him to take up the fiddle...
he wasn't smart enough ...contract wise / strategy wise / to even get a good team ..defending "wally will make you broke" yesterday just about sums it up

it is one thing coming up with an exceptional product - marketing and sales are two very different skill sets

it is a shame. odx will transform themselves out of what they were but boy what a missed opportunity of a lifetime

mayland - great post

oh dear zzzzzzzzzzzzzzzzzzzzzzz says he doesn't trust. Well lets look at the posts over the last year and see who has been more accurate and offered valuable observations v someone whose main contribution is abuse

thats a hard one ......ummmmmmm......can't make up my mind..lol

my fear was 20 -25% today. so it has held well. It is the coming weeks that possibly are going to be painful as it potentially drifts down. some people exit shares for the holiday period and with no news to drive the sp this looks like going in one direction.

CDTA for uk pro use should be next driver. yes colin got the forms in before the deadline but gave no indication yesterday of how soon before. the later the more back log.

work out what you think the company is worth based on income - convert to SP and make your decision.

wad - ok..just for you - you old semantic you

how much does the piffling sales and ye23 jam of non covid portfolio help to underpin the £47m mcap?

i think we will find out over the next coming weeks - remember the ramping names

i bet you topped up again today eh?

computer - the thing is odx have a good portfolio.

even the non covid stuff is impressive - just think trying to sell in china and africa is probably not the best market. the chinese will reverse engineer and sell it back to uk - cheaper..
Africa while ethically excellent will only result in limited pro use tests

LFT technology is here to stay and will find more uses. private HIV self test and food tolerance in the west could be an earner.

the company needs a proper businessman running it

to be fair the new accountant that came in - has a history i believe of ceos exiting soon after he arrives. So maybe the writing is on the wall.
odx need to be headhunting - and look to change in new year.

Colin is not suddenly going to "transformational" into something he is not. he prob has learnt something . he did say he took on board criticism on improving any communications - not sure stopping them altogether was quite what shareholders were asking for.

"Frankly, I'd rather stick with an experienced CEO like Colin than a bunch of PIs who think they know better..."

possibly explains why on a 30% crash yesterday - you were still maintaining you were happy with your investment. you must be delighted by today's drop.

not getting it all tbh...but hey dunning kruger as you like to quote

"Just like to also highlight CD4 revenues,haven't noticed it mentioned much. Sales in 1st half grew from £12k to £167k , but we already have a firm order book of £800k up to end Oct. to be delivered in the 2nd half..that's excellent growth and helps underpin current valuation.If such a trend were to continue,we could be looking at some very healthy CD4 revenues in coming years."

How does that underpin a market cap of £47 m at current SP of 26p?

odx was only attractive as a covid stock - colin has pretty much blown that. there will be income from DAM but i am afraid even that will not support that kind of mcap. it would have been significant compared to pre covid ODX but not ODX who were awarded a gov contract that they failed to deliver on

Harvey F - totally agree.

I am a fan of the NHS and really appreciate the frontline workers. unfortunately it is the wastage of too many managerial types etc and buying stock at inflated prices when it can be got much cheaper

"It is a great shame we have very little institutional support because Colin would have been shown the door! "

IIs would never invest in a company run by colin. if they had already be on board colin would have gone a long time before.
interesting how none of "in colin we trust" are speaking up now?

i took a lot of stick over colin "cant sell a test in a pandemic" comments - and although there are now a few pro sales in spain - it has aged better than a lot of the "in colin we trust" " they must be busy as we have heard nothing" "they are all not sitting around doing nothing"

"Because the trolls that are TWatchers multiple personalities/accounts would claim that the BoD had deliberately tanked the share price in order to buy in cheaper... the troll playbook is so transparent."

bit disingenuous there. i have never seen twatcher say bod were destroying sp to get in cheaper - though they have done a first class job - i am sure they will award themselves more cheap options - grating as it may be

multiple identities? another tactic along with not holding to shout people down...bit like someone crying "xxxcist" when they don't get their own way. throw mud and people wont look at the facts

if you wre happy with your holding then you must be delighted with a further drop today.....