Member Info for Chrishar

I don't know the exact percentage but if there are 300k new infections a day globally I imagine the number of tests being carried out could be as high as 30 million (think of all the regular, repeat testing that's now taking place in medical settings, sports etc). That figure is likely to increase so say 50 million tests a day as a ballpark figure, that could be 1.4 billion tests being carried out a month. Yes 1.4 billion tests a month! Then factor in that there will always be tests being wasted/unused. We want to carry out 10 million tests a month, that's merely a small fraction of global demand...

Bloody phone - rice rolls! LOLOL

It's going to take a lot of nerve but if a few more weeks of radio silence sees the share rice rolls back towards 250p then it could be considered a gift to those taking advantage and waiting for the rerate to eventually happen.

Playing devil's advocate for one minute you could look at it other ways. Our sp is 20 times what it was in Jan whilst codx's sp is about 16, so comparable. Also they seem to have spiked a few weeks ago and are on a rapidly downward trajectory currently.

However, even if we are comparable imo we shouldn't be... Primer Design has proven it's a classy, professional outfit. Our results are far more transformational than CODX's, we have likely already generated far more revenue than they are expecting for the entire year with 5 months to go and have proven reliability time and time again whilst others falter.

It is indeed illuminating and has to make you think that £10 a share by the end of the year isn't impossible whatsoever...

I think if you were to ask anyone a month ago with an understanding of this share when the next bit of significant news was to be they'd have said right about now. With nothing for a month we're now looking at potentially numerous bits of news one after the other. COPD has to be this week or next (okay technically it could be two weeks Monday!), some update on the home trials is surely due (Richard said it was tough to fill but we are seeing around 1500 positive cases a day now so shouldn't be impossible with the increased exposure) and of course news on what's been happening behind the scenes following the amazing hospital trial readout a month ago.

Exciting times!

This board is like crack to poor Stanley.

... psychosomatic

pmjh that is exactly my thinking. There has been no real breakthrough with either therapeutics or vaccines (Russian news does not count) since our news almost four weeks ago. I imagine the media are gagging for the next bit of covid news to supersede the school exams debacle on the front pages. Any positive news next week and we'll have become the most publicised and exciting company out there...

Fingers crossed it is kits, not tests. That would be a month's worth of primer test's at full capacity (>10m)... would have to warrant an rns.

Do you reckon that's genuinely kits or another mistake like we've seen in the past?

I make that about a million kits bought for that region... definitely possible but unlikely, right?

The journey with synairgen has been quite amazing. I now have about the same amount invested in synairgen than I had to my name in February. I know, I know that that sounds incredibly reckless and poorly diversified but for some reason I'm far less concerned with this share than I am with my other relatively minor investments. It's dangerous to fail to see any downside but hey, opportunities like this don't come around every day!

I would say this is potentially life changing for me. Before the pandemic I considered myself about ten years minimum away from being able to get a foot on the property ladder, with barely more than a minimum wage job and little savings. I piled all my savings into select stocks in late March (ASOS being my biggest winner) when the markets were at their lowest and put a sizeable chunk of the profit into synairgen. If this comes good I won't be waiting ten years to finally own, I'll be buying a nice flat straight away!

I should add the brokers, JP Morgan, the shorters. They all believe the former. Broker forecasts for the next 12 months are all 300p+ and there are no declared shorts on short tracker.

Comeonvog, the only way your argument holds up is if you question NEX's ability to remain solvent. That is the risk you take in a pandemic but the rewards are enormous if you call it the right way. We both agree that NEX won't return to pre-pandemic levels for some time, you perhaps feel that it will never return to pre-pandemic levels.

It's very simple:
IF you believe NEX will pull through the winter and demand for its services will gradually return to normal levels then you will make a lot of money from here in the next 12-18 months. It might drop even lower but trying to trade that is more or less luck from here on out... Those that think demand may even increase due to people looking for cheaper modes of transport in the prolonged recession we're about to face, then you'll do even better with this investment.

IF you take the opinion that a new normal will mean a drastically reduced demand for NEX's services, even possibly leading to insolvency, well you should certainly sell up now and avoid losing your entire holding.

It's ridiculous that I've still not got rns alerts. Which app do most on here use?

comeonvog you simply refuse to listen. Right now we are not going to see growth. When investing you are looking at the company valuation and should be investing in companies that are undervalued. If you believe, for example, in the next 24 months NEX can work its way back to where it stood in January 2020 (so no not tomorrow, next week, next month or even next year), then you'll see a 200% increase on your investment.

There will be people who CHOOSE to avoid the coach over the next six months or so but the majority of those that use NEX's services do not have a choice. This is not a luxury goods business, this is essential travel for the least well-off in society.

It's not a question of whether demand will rise or fall, it will continue to be well below pre-pandemic levels for some time to come. The question is at 32% of the year high is this company undervalued or overvalued? It is almost (not quite) priced to fail, and there is virtually no chance of that happening. So there is no question that anyone investing from here will make money, and probably double it in 12 months (I think 300p is a fair prediction for that time horizon). The question is 'are there better risk/reward options out there'? to be honest I don't think there are that many better...

I'm certain the main stakeholders in synairgen would not personally leak but it must be more or less impossible now to keep everything under wraps. If you work in and around the company you're going to be aware of a hell of a lot happening right now...

There could be no better example of the importance of patience in investing.

It's taken a few weeks to reach new highs but LTHs were absolutely convinced of it.

I have tried to watch that bloomberg video on my phone, laptop, tablet... it will not play through. Grrr!

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