Member Info for Computer909

Chuggley: I hope we do get some antibody orders, imv we wont, the government have screwed the UK-RTC from start to finish.

@Jazim.77 : Welcome to the Jungle !

@Chuggley : "February 15th will be an interesting day, as it’s the day following the expiration of the UK-RTC framework agreement with the DHSC (the one the GLP are going after), which releases the UK-RTC from the ‘first refusal’ clause".

I must have missed the part of the RNS that announced what we have been making for the last 6 months, and governments are falling over themselves to secure our ABC Jenga sticks,

"And remember its a manufacturing company that has to be excellent at logistics"

You don't to be excellent at logistics when they aren't actually shifting anything, The only pennies Colin is currently looking after is the ones we gave him in the placing, and haven't made any subsequent strive forward as yet, (Noted that past performance is no indication of future progress !)

@Penance: "we have received a rns stating that we would be making 2 m tests a week in April"

Not sure we have received that statement, we could have the capacity to produce 2M in April, but then we should have had the capacity for 500K in Dec,Jan, Feburary, Capacity does not equal production and certainly doesn't equal sales.

I fear "Global Access" got translated to "International Entry" somewhere along the line

@Uddin79, Why keep posting the same?

Make no mistake, Covid has been the saviour of ODX, before the the start of 2020, there were concerns of it being able to keep going as a going concern. They have spent millions of the placing pot in 2020 and yielded no sales to speak of to date, The government contract should be seen as a game changer (if it is as lucrative as some make out), but if they need to turn on that revenue stream as soon as possible.

@Uddin179, Do you actually know the company you are invested in?

"It is also gold standard that UK government endorsed ODX and have them as a key supplier for LFT.
This will help the sales pitch to sell to the rest of the world (112+ countries on their books)"

We are contract manufacturers, for the DHSC contract we don't even know what test we are manufacturing and wont sell that branded test outside of the contract. If the test selected by the DHSC test is the Mologic test, then we will have the benefit of the educated understanding that the Visitect test is actually the same test, If it isn't the same test we have the issue of selling a different test, one that wasn't selected by the Government as the "Gold" standard, there are still loads of uncertainty in ODX

Well at least we know they can sell something, they should more shares than they have tests this year.

Lets not make any mistake this is just normal business, they are entitled to sell whenever they want and do what ever they want with it, but selling now on the recent news isn't the best news for any expected share price movement,

@Playingtheodds, I was originally very critical of Walbrook and actually took the markets poor view of their representation of Omega up with them, This is the response i got from them

"I agree with you that amongst some shareholders there is a view that Walbrook is not doing a very good job at PR for Omega, but I maintain that we are executing the communications strategy that the Omega board has agreed (and doing so to the high professional standards that Omega expect from us) and that our actual remit in terms of Financial PR and Investor Relations may be very different to the expectations from investors for what they see as PR. Many, I’m sure, would prefer to see more product promotion / marketing or general sales support (which we are not engaged to do). Our instructions are to ensure that the information and PR associated with the company to the market is not misleading, false or deceptive and to make clear what information is relevant for investors to understand the performance of the business or expected performance of the business. We cannot create news or positive sentiment on commercialisation without this news being there"

I actually now feel sorry for them, they are stuck between PIs that want the company shouted from the roof tops, and a company that don't really have an investor relations strategy to speak of

@Okehurst1, thanks, do we think that the recent update from ABDX with regards them using capacity for one of their international customers means this capacity wouldnt be available to meet the 2m a day government target, do you think ABDX are not in favor with the DHSC based on the GLP issues?

@robone, on a discussion board? Silence is golden what does that mean?

@Robone, its you that started posting about the username,it appears personal to you, Do you have anything to say with regards the company you are invested in?

@robone, quality discussion on the ODX, was that all your own research ?

@Okehurst1, is that number two by capacity or revenue, who is number one?

@tuan6, if you sell because of posts on boards like this, then you havent done your own research, take the positive and negative and make your own mind up, its your choice afterall.

@tuan6, 20p a post, where do i sign up i could have made £100!

@SMISH, and thats what we were missing that razor sharp whit!

@Mathersfinger, i can read quite fine thanks, can you through those rose tinted glasses, yes we will produce tests for the government, do you know how many and for how long? , poor trading figures basically writing off 2020, but we will be ok next year, because the government didn’t actually shaft us this year, timelines for tech transfer and commercialisation unlnown, did i miss anything?

@mathersfingers, Good discussion, you can always use the green la la la button, i’m confident with my position, are you?, you obviously cant offer any intelligent debate