Member Info for Dibs61

If you are thinking about topping up or jumping back in. Be careful. At this price the company is still valued at a generous £60m MC. There was ZERO mention of orders or sales in the RNS. I appreciate its 'just' results but they did give an outlook and there was an opportunity there to put something in but nothing. Which means there is nothing.

A few other red flags for me. Littleport isn't operational until October! Who knew?? No one here I'll bet. Food Intolerance progress in the US has completely stopped. China progress stopped. Pandemic has affected their Q1 revenue. We were told before that operations were fairly normal. My conclusion is that their revenues and thus cash flow is very poor and that is actually part of the reason for the cash raise but has been hidden by all the other goodies such as promises of new lateral tests.
The 'Scotland and UK' comment was just absurd - schoolboy stuff. Who proof reads this stuff?? And finally the mention of 'hundreds of thousands' beggars belief.

It is very sad as I once had a lot of faith in this company but they are making a proper dogs dinner of this.

Excellent update. Orders pouring in for Covid TEST Kits.

Management now believe results in current financial year could possibly significantly exceed expectations. Looks like they are on course to at least double revenues.

The 3m 3.90 a sell?? When the quoted spread at that time was 3.75 - 3.80. No I don’t think so.

It’ll be interesting at the open tomorrow having had a late buy 3.77 way above the ask.

I just see this drop back as a nice buying opportunity (and added accordingly) but I doubt it will linger too long.

Finished a blue day after having gone into negative territory. With a positive news flow going forward no reason why we shouldn't see this moving in upward trajectory in following weeks.

Thanks PR - your thoughts much appreciated. Its not a 'deramp' I just want to understand the strategy.

Predictably volume down yet again today. The law of demand and supply dictates that with ever diminishing demand but the same supply the price must go down. Thats just the way economics works. RB knows that. It is still a conundrum to me what his plan is?

This guy was one of the reasons I invested here in the first place. A top performing fund manager putting his own money (millions of it) into a little known, little followed stock. I know this won't be popular because it isn't what people want to hear but RS selling down his stake here is NOT a good indicator. He has been an absolute rock of a cornerstone investor here for several years. He's been here a lot longer than most of the 'prominent' posters now. I don't care if he is giving to charity - the fact he is selling at all is not good. Down to 9% now. He knows possibly as much as anybody about the company - outside of the company. Although I haven't checked I am sure he did not participate in the recent placing and he has always been firmly supportive in the past. I know some will try to justify it but if I were considering buying back in this would not persuade me.

Sean - technically you are correct. However where you are not correct is that it would not be a huge sell signal for an investor but only perhaps a trader. We'll see how it pans out but when one person is dumping with no regard for the price they can only do that once. I don't think the uptrend is broken, too much positivity now.

Just topped up again

Thanks PR. So my understanding is correct re NHS. The thing is when WILL the pandemic be over as my feeling is the NHS is a seriously big market for this product. Why could they not have offered it an initial discounted rate? I guess its difficult to argue with them because as you say the institutions have signed up to the plan but I feel the big revenues are unfortunately further down the road, which they won't care about as they are long term anyway.

On the company website it says quite clearly that Bleepa will be offered free to the NHS throughout the pandemic. Yet in the latest RNS the CEO suggests they are planning to monetise it. How are they going to monetise it when they are giving it away for free? Genuine question as I am interested in the opportunity here.

For allowing me to re-enter much cheaper than I sold out earlier @ 3.80! Cheers mate!

Blackrolie - I find it rather odd that you knew who 'JW' (Justin Waite) was but you didn't know who 'TW' (Tom Winnfrith) is??

I would say TW is at least as well known in the AIM world as JW!

From Fridays pullback. Wants to go to new highs.

Should make for good reading going on the May update. May have news of further orders.

Following article of interest re EKF Customers Longhorn:

https://www.prnewswire.com/news-releases/longhorn-vaccines-and-diagnostics-llc-and-greenfield-global-inc-partner-to-accelerate-covid-19-testing-and-detection-301074985.html

Ah yes Share Talk..... thx

Forgive my ignorance Blackrolie00 but who is 'JW'?

Rufman - I do largely agree with you on the bull case. However you cannot compare the SP now to the SP 2 or 3 years ago. There has been substantial dilution in that time and so the SP=MC is not comparable over that time. You have to bear that in mind. That all said things looking more promising. Perhaps a little surprised that revenue from digital media over the next year only expected to be £2m. Are they being conservative or is it just from a standing start?

E_AL no you won't. He's not in post until 1st August. That's part of the problem.

Yes it does. I am very tempted.