Member Info for Computer909

@Walbrooke2021

"Test margin is looking at being 40-50%", Do you have any evidence to support the 40-50%

"No company in the world works on 18% margin you absolute cretin", GAD is a not for profit organisation and AZ are supplying Covid vaccine at cost.

-7.00 (-8.33%) represents £12.7M reduction in mcap, based mostly on the ****ed up tweet from the company PR machine, that is more than the total revenue (£9.3M) the company announced for the total of last year

And they are still in their jobs !

"Trying to get ODX shareholders to pull in any direction would be like trying to herd pigeons"

Lions led by donkeys springs to mind

@Bedhead: Have you actually read the DHSC contract and the government press releases

https://www.gov.uk/government/news/uk-government-announces-partnership-with-british-rapid-test-manufacturers

"Omega and Global Access Diagnostics will have the capacity to produce approximately 2 million tests per week each by the end of May, helping scale up the government’s rapid lateral flow testing programme across the country."

https://atamis-1928.cloudforce.com/sfc/p/#0O000000rwim/a/4J000000kI0H/EySZ28HhbGWp.KyQFExkrBzY54f6HXd6hOd1W5fDn3E

Target Dates: Equipment installation target end date May 2021
Tech Transfer expected to take 8-11 weeks once a test to be manufactured is confirmed

Given the mologic TT approached 18-20 weeks ! , if we take 8 weeks after the end of May is end of July

Which one of those timelines is inaccurate relating to the DHSC contract ?

@Bedhead : "DESPERATE ATTEMPTS TO DERAMP WITH INACCURATE AND FALSE STATEMENTS'

Please share what has been posted that is inaccurate or false ?

Why does everyone think DHSC news is imminent, no one has committed to test selection timelines what so ever?

The only facts we have are that the UK government are committed to commission 2M per week capacity from ODX/GAD by the end of May (https://www.gov.uk/government/news/uk-government-announces-partnership-with-british-rapid-test-manufacturers), Capacity, not tests and we now know they machinery is expected to be commissioned to those timescales.

Beyond that nothing is certain, as Colin keeps telling us,

If we can get independent commercial sales for Visitect, then everything may be different.

@Bedhead. We know what you believe, but is there any information to support your happy clapping?

@Penance : Unfortunately Innova were quick to market and the government bought big and bought often, we are in the position now that the DHSC don't need to rush any further orders until they plough through nearly 350M tests from the last innova order in January, July timeline would fit with the current stockplile becoming diminished

*if it is Mologic

@Wolf: Why reduce yourself to personal attacks, offer some research of your own to counter @penance views.

@Penance: I think the timelines in the contract are likely to be more accurate that Omegas narrative. Equipment commissioned by end of may (aligns to governments press releases), the big question is test selection, if it is Omega then we will hopefully be in a position to manufacture straightaway, but the DHSC may not issue actual purchase orders for 8-11 weeks, if a different test then 8-11 weeks makes sense. So end of July at the earliest,

@Penance: Director sales in the 90s and then the "worried misinformation will drive buying on monday" Tesla tweet looks to be drawing a line under where they think the share price should be.

My personal view is that Colin doesn't like the fact ODX is owned by PI's , and knows he cant attract II's on the open market if the price continues to rise, he has already stated no placing so how else is he going to attract them?

The additional information provided in friday's contract release clear demonstrates they were in no position to deliver 2M tests per week in april and knew it, but were more than happy to post on twitter to boost the price for PDMR sales, now i suspect he's looking to keep a lid on the SP so its more attractive for IIs so hence the deramps.

@Aldebaran: “So close now to that killer news it aint worth risk selling in my honest opinion”

What killer news are we expecting, the release of the contract information just highlights how much Omega have looked to lead investors on with the Jam tomorrow narrative, supplying 2m tests a week when they knew the installation of the government equipment was targeted for the end of May, and tech transfer was 8-11 weeks after test selection, and they knew the use of the government equipment was restricted to the DHSC contract, how could they have ever been in a position to deliver 2m tests week?

"Walbrook have not made any acknowledgement of any unprofessionalism but had plenty of chance to do so."

Omega have clearly outgrown the capabilities of Walbrook, Paul's justification to me in email was that the tweet had come from the company, and that they had feared a misinterpretation of the DHSC release was going to drive early buying on monday, and "it reflects the Omega’s desire to be honest and clear with shareholders, to ensure that expectations on future performance are correct"

Christ, next time someone mentions FOMO or "wouldn't want to be out of this share over the weekend" can we expect another Tesla like tweet ?

@FFB: The issue seems to be that no-one can confidently estimate what the company is worth, not even the company itself. The lack of clarity around investor information directly feeds into everyones own interpretation of the facts to suit their own situation, its human nature.

The company twitter feed has now become a laughing stock and no longer an asset, whether we get "delivery-gate" where they state the will deliver 2M tests in April in order to ramp the SP ahead of PDMR selling, or the latest "Tesla-gate" shambles. WalbrookPR have shown themselves to be completely incompetent, if they were directly responsible for the tweet they should have known better, if they were not directly responsible what the hell are we paying them for if not to advise on the sensibility of such a statement.

Perhaps they understand their lack of clarity has driven the situation we are in and the numerous attempts at controlling the SP are well founded but ill advised, they are clearly not very good at it, They need to just do their jobs, supply the facts and let the market decide.

I do feel that Colin is now floundering, and the team around him don't seem to be of much help whatsoever.

Some on here are having a go at other "weak" holders that are worried about their investment, anyone that has been with ODX for more than six months cant be classified as a weak holder by any description, when the company comes out and states don't go buying yourself a new car on the back of us, anyone would look at their investment and check what the hell is going on, if they haven't they are mad.

Ferrari , Tesla or Robin Reliant that is now the question, the company think we aren't a Tesla so which of the others are we likely to be.

If for one week we could go without some idiot from ODX, Wally Walbrook, politicians, or journalists doing there level best to **** all over your investment.

Ask yourself honestly, when was the last time you were confident the ODX share price would be the same on monday that it was on friday?

“buy the dip”, thats all we ever get with ODX

We were at 69.5p less than 5 days ago, why didn't you buy that dip, or the one before, or the one before that?

"I think there is just let the share price do the talking because eventually it will deliver or not"

Can not agree more, but unfortunately it looks like ODX haven't got the message and are determined to play with the SP for some reason, protecting its investors?, this looks a funny way of achieving that, perhaps someone should tell Colin to just put out facts and figures and let the market decide and stop attempting control the SP, he's proven not to be too good at it.

Its all well and good deflating the SP to "keep a lid on it" but that works both ways, and he doesn't look to have the ability to halt a drop when it goes into free fall.

Start selling tests and stop worrying about the SP, it will take care of itself, like every other company on the market.

@Rocquet, at the very least the view of Omega’s investor relations has changed for many

All they had to say was , “The company notes recent social media content and would like to clarify that nothing has changed with the DHSC contract”, to say what the did about they are worried investors are going to spend money the dont/wont have is verging on SP manipulation.

I would actually like some qualification as to whether it was Walbrook or Omega that had tweeted it

Omega should just close their twitter account as a bad lesson now learnt, every time they post it ends up causing more confusion, Take the latest “our planned 2m-per-week capacity”, i thought we were already supposed to have 2M per week capacity, not still planning it, so it just drives the speculation they say they want to suppress.

Close Twitter and release regular, factual updates via RNS that someone proof reads and sanity checks, we will all be in a much better place