Member Info for Davde

Yes there are a lot of ignorant people about who clearly know nothing about manufacturing and make comments what can only be described as offensive.

@Twatcher my comment is not a ramp it is a statement of fact, if profit at a cetain PE gives a SP value, its a calculation only. I know they have no covid significant sales yet, what neither of us know is what sales there be in 21/22. I do not believe the answer is none!

I know its all bad and ODX will sell nothing in 21/22! If however they do, by my reckoning for every £25m profit at a P/E of 7.5 will give a SP of £1 and so on for every £25m, more if P/E higher due to say dividend policy. ODX is an investment for me and happy to wait and see what unfolds.

Whilst a large contract Rns would be welcome, a lot of income is derived from service provision within existing framework agreements. Quarterly updates re revenues are the way to sooth angst that sales are still happening in the absence of a large contract RNS.

Fgp has a high level of institutional investors who have to date protected management to some extent. Coast capital own about 13% and tried to garner support last year to change the board unsuccessfully. They did however, it would appear, get enough support to change FGP strategy to sell US assets which Coast had been calling for to release shareholder value. Once the sale(s) have been completed I am convinced the II's will ensure some form of shareholder distribution, be that special dividend and/or share buyback programme. What is clear is they need to tell us what the plan is re debt repayment, shareholder distriburion and planned investment in the remaining road services as soon as possible.

DVRG is continuing to build infrastructure both physical (labs) and expertise (people). These are expensive and require significant revenues to support. For me it is another sign of the ambition of DVRG. It is this that will drive Sp in the coming months.

ODX H1 revenues £3.1m based on todays update ODX have added circa £6m revenues in H2. That is the improvement CK was talking about and he was not wrong!

Helium are still in DV. For me they took a profit on their investment. It tells me they trust GB. MSYS look overvalued currently. Await next instalment with interest.

Only circa 6 weeks till we get project updates and revenue figures which l hope will be positive given gas price recovery.

Think the subject says it all! If you do not like DV then sell up, it's your choice!

There is enough space in market for many suppliers, no one supplier can meet demand for any covid product.

I have no issue, it was a minor error that has been properly declared when recognised. It reinforces the relationship with Microsaic, which is good imv.

Odx are doing 2m week from April. The 2m a day is estimated demand to support LFT in workplaces and community is how I understand it.

@Computer909 it is more balanced in my view than sensationalism of the mail!

@Computer909 thanks for link, if I had know it was the mail I would not have bothered you! Conflation and hearsay really good journalism I think not!

@Computer909 is there a link for that quote anywhere?

@mafioso I never thought MRHA was going to approve home use, primarily because of behavioural concerns. It's prime purpose is for surveillance testing. What the market is for this is open to question however I suspect it will be greater than most think. We will see. Re Cd4, sales will not be forthcoming in any numbers until 21/22 as WHO and the other aid agencies will have these tests in their respective budgets for then. Do agree covid may limit budget amounts potentially however the US rejoining WHO will mitigate this to some extent. Re China food detective sure sales happening we do not know level yet. I take the ODX PR as confidence they will come good. Yes there are risks, but for me ODX are a solid business with a deliverable plan.

Not fake news, just not new news! Something must be up though, we have had a steady rise recently!

Dr_Kaboom the accounts were not rejected but the rejection vote was higher than you would expect normally. This was 7 months ago and we have had no notification of any major shareholder selling up since which makes me think it cannot be of concern. As I said yesterday they changed accounting policy for leases and income recognition ( if I recall!) which may have ruffled some feathers as they did not restate previous year accounts, quite legitimately. You maybe right re red flag we will see in time but I remain confident.

Agree current board coversations are poor at best. How many times do we need to be told no TT or large orders yet, stating the obvious. I normally invest in anticipation of future revenue growth as rewards tend to be better. Yes there is a risk it may not materialise but that is your investment risk imv.