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*DOW, S&P 500 FINISH AT RECORD HIGHS AHEAD OF BUSY EARNINGS WEEK; TESLA HITS $1T MARKET CAP
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Looking good and some great numbers and targets being hit. More to come too.
US don't recognise AZ Vaccine so I would assume PCR tests all the way?
Sea of green boxes tells me the fool on the hill is now talking to himself as 90% of the board now have him blocked.
Roll on next week for good news and a move north from this level.
Great job Dav,
let him stew in his own ****.
bakky,
If we can manage our max capacity and we can go full tilt without causing issues in other areas of the business then we will all be very happy and well rewarded !!!!! I'm sure the numbers we are doing now and over the next few weeks will be plenty for us to see a significant re-rate.
If LR see's scope to expand it I trust him to manage that 100%
Means more testing then!!!!!!
Dav
Green box right after you posted. Can't be twix though. He said he wouldn't post again.
Appreciate the input. So, Even at £25 per test it's still great business for Ygen.
I'm the same as you Steve, I'm bewildered who we can be sitting at todays price but I'm more than comfortable to sit tight and watch it all unfold.
End of the month update should put some much needed meat on the bones.
Steve
22k tests a week gives us £1.1 mill per week revenue at £50 per test.
I'm sure that will be ramped up with new recruits and running 24 / 7
The future for Ygen looks great right now
The real story is this is only covid related revenues. Nothing to do with the rest of our products and services which make up the majority of all revenues.
Lion
you said :
"£34m is over 1/4 of the current entire MCAP so it has the potential to add that kind of 25%"
That's not how that works. Mcap is not revenue.
£34 mill is almost double our entire revenue for the whole year. To achieve that in 2.5 months and still have 75% of the financial year to generate further revenue I would suggest if those numbers were hit we would be looking nearer a 200% uplift to the share price
Steve,
if that happens then based on that (17 mill half of the contract value) alone we should see a 100% move north. That's only the beginning though imo. So much more to come.
Next contract will be in the wings and with an update again on the 29th of this month we could in for a re-rate that we have all been waiting for. 70p is LR's target If we can even achieve half of that I'm sure we would be happy. The 70p target was pre covid and with the huge revenues and huge contract wins from covid this should see a huge adjustment to the upside for us.
That target of 70p was Pre covid. I would assume it's much higher now.
Next contract will be in the wings and with an update again on the 29th of this month we could in for a re-rate that we have all been waiting for. 70p is LR's target If we can even achieve half of that I'm sure we would be happy.
Last post on the subject.
£34 million pound contract announced and the board os full of Twix? he's loving it.
Just please engaging with him. He brings nothing of value and surely everyone can see that now? On a day we get a blockbusting RNS we should be all over the news and not some nobody!
H'es an attention seeker. He does indeed need this board to exist. Only poster who posts multiple times day after day after day. The same post and same negativity. It's all for attention.
There is 724m shares in circulation and what he holds is a piddling amount and makes no difference to anyone here or the share price.
Do as I've done. Filter him and don't feed the troll. No oxygen for the attention seeker.
£34 mill contract and he sells at break even or for a couple of ££ of profit?
Pull the other one. Even the dumbest of investors wouldn't behave like that
FILTER!!!!!
£45 a test (Discount for quantity)
75 days contract
10000 tests per day
£34 mill
We;ve been hiring and ramping up the numbers. Best case scenario is very promising but i'd take half of that £34 mill for less than 3 months of the year!!!! Plenty more to come too!!
Excellent stuff.
29. Yourgene Health plc
This Oxford Road-based firm is an international molecular diagnostics group which develops and commercialises genomic services and technologies. The group works in partnership with global leaders in DNA technology to advance diagnostic science. The firm, a Covid testing provider, last month reported soaring revenues during the first quarter of its new financial year.
End date for latest accounts: March 31, 2020
Turnover for latest three years (most recent first): £16,612,779; £8,882,362; £6,146,863