Member Info for Davde

Flight travel will pick up, for it to pick up quickly requires consumer confidence in travelling. That will take some unless people feel safe. I can see airlines adding £ 20 say to your flight cost for you to get tested at the airport before you board, negative you fly people will be much happier and fly. Can see this being offered soon, airlines need full planes to be profitable.

Antibodies will be in most people who have had the virus, the level of antibodies they retain over time will reduce, this is normal. The question they are looking to answer, is what level of antibodies to you require to provide resistance against the virus and does this vary in people and why. The answers to these questions will not become clear for some time, in the interim antibody testing will be important in answering these questions on a large scale.

For me Mnzs is a long term hold and would be very surprised to see near £2 before Xmas but you never know. Airlines across the world are laying off staff in droves as demand is not there and at best it may take a year or so to get back to previous levels if ever! Without flights Mnzs makes no money. To combat loss of revenues they need to improve margins by cost reduction or increased charges or more likely both. They can also expand operations either organically or by acquisition and the demise of swissport may provide opportunities. The Sp needs positive news flow about these matters to move up. A share buyback is not enough to support price and maybe cash could be used more usefully generating income. Time will tell I await news with interest. Gla.

Midox I did read it fully. Under our tests it says 92% (accounting for other variables) !

Yes there are lots of companies in UK and around the world who are developing or developed test kits. The one indicated below is representative of many of them with 92% accuracy i.e. unreliable and not UK approved.

The spanish study is interesting it indicates 14% may have lost protection but qualified this by saying it could be due in part to false negatives. It also indicated the idea of acheiving herd immunity would be difficult. Of even more intrest it said using reliable point of care antidody testing was the way forward for further the mass studies to understand the disease further.

They are ceasing allergy development to concentrate on Covid products. They continue to sell existing allergy products via their partner. As I said view the Investor presentation RNS it's interesting, may even convince you to invest. It's not without risk but not a lot of downside from current price with the food detective and Cd4 products expanding.

£7m loss or thereabouts due to write off allergy development costs. Cash positive £200k. We also know what the raise will be spent on. Read the investor presentation please as it getting boring telling you. You can also put me on your list.

We know thebroad results from the investor presentation!

FGP have some interesting II's, Coast capital being one with approx 15%. They have as yet not sold or the others as we have had no RNS, it maybe in the post. I await with anticipation Coasts next move as they have been strong advocates for selling off the US assets. The other interesting thing re PI's is thre are a lot of employees and ex employees who own shares purchased via the share purchase scheme. Not all churned for a quick profit some held as their nest eggs. Not sure how many but I know at least 3.
FGP are definitely trying to influence the Govt to extend support, bit like the arts community in last few weeks and what did they get, support till next year. If they get it they are not out of the woods as yes they have debt issues, hence desire to sell US assets, the timing if which and value acheived are key. FGP are under pressure but game not lost yet.

The strategy since last year was to only have the UK bus and rail as the core businesses. Covid may affect the timing and the value attained for the NA assets. The level of revenue will be determined by the level of government support going forward hence the going concern issue. If govt support withdrawn then yes FGP are in real trouble but as yet nobody actually knows if it will be extended or not. We will find out in coming month or so.

I am not a big fan of looking at daily trades as they are not always indicative, but agree with the point made and the volume was less than 1% of issued shares.

Tell Sid is a blast from the past, I remember the ad's. At this price new entrants may well be rewarded if they do some research and determine what their risk appetite is and of course the timeframe they expect return. We all have our own strategies. GLA tomorrow another day!

Yes it does look a bit grim, however most of the losses last year were exceptional items clearing the decks for NA asset sales. In terms of the going concern issue, the board have quite rightly said there is a potential issue, revenue at present mainly comes via government support in the UK so if that goes they have a problem. Revenues in US are circa think it was 60% but we do not what costs have been cut. This will put pressure on Govt to extend support for infrastructure or will they be happy for all services FGP provide to cease. If they went into admin who would buy without revenue guarantees or govt could nationalise! I will be watching and we will find out if Govt will extend support soon until then game not over.

Yes but not the same block. 50 tests a day per machine. It will along with the numerous other tests have a place no doubt, but its not the same as what Odx planning.

Pyueck agree with your thoughts and remain optimistic for the time being. Fgp will be heavily reliant on government support, but opportunities are there with green and levelling up agendas. The timing and value achieved for sale of US assets will go a long way to determining Fgp's sustainability and the amount of any equity issue required in the coming year. For me its a wait and see before I decide what to do next!

Steven sorry but as soon as you ticked the OO button you will get your shares 1 for 20 held. Its only if you applied for excess that you may not get will not know until later. So you could have sold the equivalent from your holding knowing they will be replaced by the ones you purchase at the OO price. If you held 5000 agree probably not worth it but suspect average PI holding a lot more than that figure.

I wonder how many PI's forward sold their OO shares and potentially contributed to the current SP!

And WHO Guidance gives very good reaons for doing antibodies testing.

Upomega the ex entitlement was 0800 on the 22nd. I personally could not do this as it takes two working days for my broker to settle, so the 17th would be my latest date to purchase to be eligble for the OO. It may differ for others brokers but there is often a delay. Speculators may have been able to do this but as well as forward selling the OO allocation at a profit would they not now be stuck with a loss currently on those they bought to get the OO as the Sp has fallen. My interpretation maybe wrong. I am certainly looking forward to seeing who has taken what in the placing it will make interesting reading.