Member Info for Dibs61

Smish - you can take or leave what I say to be honest. No skin off my nose. But using your logic then if I held a large position and therefore wanted the price to rise I'd be posting 'positively' you would have to take my posts with a few lumps of salt yes?

I stand by what I say. I cannot influence the price. My posts have reasoning and balance. There is consideration and I back up what I say rather than just 'ramp' or 'deramp'. Whether I hold or I don't hold.

This is a board for people to give their opinions. No one owns the board and dictates who can post what.

Do not bring emotions or feelings into investing. There is no 'loyalty' in investing. It is a fatal mistake and you will lose money if you do I guarantee it.

No Piper. You're interpretation of my views is that they are purely 'negative'. But if you read through my posts you will see there are 'positive' and 'negative' points. No need to be defensive I can't dictate the price, I wish I could! But even when I have held I try to give an honest opinion and not just ramp the stock. And interestingly, you are the only poster to react in this way so far. Other posters can recognise I am just trying to give my honest views.

For the record I am very bullish about this stock but I am here to make money like everyone else. I see opportunities on AIM and I see how short term the outlook is and so, yes, I will occasionally exit and re-enter positions as I undoubtedly will do here. I need make no apology for that.

ATB

I think the current valuation is ridiculously cheap and not many better opportunities to multibag on AIM imho.

aj242 - I completely respect your point re DF. You may be correct. It might take us back into the 60's or even 70's. I may be wrong. I don't however now think it will take us as far as £1. Very quickly after DF confirmed, as I am sure it will be, the market will turn its attention to sales. That will cause a cool off after the initial excitement as people realise sales are some way off. I've been here too many times and seen too many milestones slip and delays to believe sales will happen exactly as CK is suggesting. And CK is saying no significant sales until September. I think even that is a tad optimistic.

Smish - yes i know it does. But the whole point here - and what caused so much excitement - was that we had a mass gilt edged certain buyer in the UK government - NO risk. We still have that but in IMO not as certain OR as big a buyer - at least for now. The market likes the idea of us selling to the UK government a lot more than an African state with all the potential bureaucracy, potential delays, corruption etc that can be involved. Do you get my point?

Let me put it simply. Whereas we were previously anticipating everything we could sell for POC tests would go to the UK government now they are telling us only 20% will go to the UK!! That is a big change.

I listened to this very carefully and note one particular point that Kieran Harbinson made regarding lateral flow tests.

Now originally we were told that ALL manufacturing capacity for lateral flow tests would be committed to the UK-RTC. Furthermore, that initially there would be a regional aspect in that ODX would serve Scotland first and any excess would go to England. But now this has changed - significantly. Now ODX are planning to expand lateral flow test capacity from 100k tests pw to 1m tests pw - that is very positive. However, the bit that slightly concerns me is that now, only 200k tests pw will be committed to the UK-RTC. The remaining 800k tests pw will be committed to the Mologic tests - either antibody or antigen dependant on demand. I would like to know why because this is a significant change. It suggests there is potentially less demand anticipated from the UK government and/or they are switching strategy to overseas (and particularly African) sales. This, to my mind, places some uncertainty over gauging demand, margin, and certainty of sales. For me its the most important point to emerge from the presentation. Furthermore, it is clear we will not get any significant sales prior to September, and given the propensity on AIM for delays I would not be surprised if that timeline slips.

So, in short, no rush to buy back in IMHO. I have a suspicion that Design Freeze is now a given by the market and is substnatially, if not completely, priced in. No one seriously believes they won't achieve design freeze now do they? Even the biggest pessimists. The risk here, as I have already pinpointed, is a possible change in strategy and direction by the UK government where they are happy to have antibody tests on the backburner. Why might that be? Possibly because it is clear only a very small percentage of the population have been infected to date. And possibly because the immediate urgency has lessened. Whatever the reason, something has changed. I am not saying we will not make significant sales of the POC or ELIS A tests. I think we will but there is some uncertainty over how much and to me it is now clear the UK government will not be as big a buyer as we thought - at least not for now.

https://www.pressandjournal.co.uk/fp/news/highlands/2210029/coronavirus-nhs-highland-working-with-tech-company-to-introduce-app-for-care-homes/
"Following trials, Cambridge-based Wyld Networks, which is developing the “mesh” technology, plans to roll it out to private and public sector care homes across the Highlands, then deploy it throughout Scotland.

The firm also hopes to market it to companies and organisations as part of their post-lockdown measures for staff returning to workplaces."

Wananka - no I'm not

To be fair I was being a bit tongue in cheek ;)

And sometimes better than generally being a glass half empty kind of chap wouldn’t you say?

Am noticing a few decent delayed buys being printed today.....

...of a placing here ;)

Looks set 3 v1

We are being walked down very very slowly. Is an order being worked or a position being closed out? Looks that way.

Whatever it is I am sitting tight waiting for some very positive news.

Wyld Networks is a Tern PLC Investee company. Read about what is happening now in Scotland re Wyld and Contact Tracing/Social Distancing etc

https://s3-eu-west-2.amazonaws.com/wp-perl-2020/media/2020/05/20064237/TERN-20200520.pdf

Getting interesting.....

WWTBOOTOTW

Hi Corunna, hope you are well. If I'm honest I can't remember what it was that you were wrong about?!

Firstly, to get something out the way I actually sold my entire position here on the morning of the RNS issued on 9th June. I scrutinise every single word of each RNS I read. I have found it is critical to do so, to be quite forensic or you can end up losing money short - medium - and long term. I deliberately did not post here following that sale because I thought it would be disingenous to do so and I had no wish to be seen as deramping in any way so I thought it best to say nothing.

Anyway, as regards your questions, I have been aware that cash has been very short recently so it was an issue. Thus, getting the placing out the way clears the decks and removes that market concern. So, all good there. I agree with you that I think the DF is, if not nailed on, very very likely. But one of the factors for me exiting my position - short term - is that I realised DF is not as close as we have all thought. Indeed I would not be surprised if it doesn't happen until sometime in July, possibly after mid month. Note the word 'hope' rather than 'expect' was used to describe DF in June. On the AIM market I do not place a lot of faith in the word 'hope'.

I was also rather alarmed by the tacit confirmation that Mologic ELISA Lab sales in the UK will now not happen having previously said they would. And the order for £100k in Senegal.....? Well, please let's not dwell on that.

Several things bothered me in that RNS. I didn't like that they have ditched their Allergy division. It seems quite a short term knee jerk reaction to me. They have invested MILLIONS in that area of the business! I'm sure it did not bother short term COVID punters at all but for me, having both followed and invested in this company - on and off admittedly, I thought it a bad move.

I also did not like the almost cursory mention of Visitect CD4 which has been a REALLY big deal for this company previously. The same goes with Food Intolerance which has been the main revenue earner and, in many ways, has funded the Allergy segment.

So, in summary, the 9th June RNS was very poor IMHO. I still think there is money to be made here but the upside probably is not as huge as we thought a few weeks ago. Post dilution the MC is now £83m at 47p. Typically, this kind of discounted placing will inevitably have a depressing effect on the SP and I would think it likely that in the absence of DF announcement - and I do NOT expect DF for at least another two weeks, possibly quite a bit longer this will slip back towards 40p once the dust settles.

I will look to re-enter around that level (40'ish) if indeed I am correct. We shall see.

Good luck to you and all holders here
DYOR

This stock has, for some reason, been overlooked by much of the PI community, certainly on this site (not necessarily a bad thing). But I do find it amusing.

Here we have a world class British manufacturing company. A global leader in some areas. If this isn’t the stock of 2020 I think there is a fair chance that it could be the stock of 2021.

https://wyldnetworks.com/wyld-mesh-covid-19-proximity-contact-tracing/

Maybe it’s our ‘tern’ now the IoW trial has flopped?

K3VMC - exactly what occurred to me...... Hopefully a wee bit a news fram the Scottish Highlands trial would be quite timely now ;)

He tries to claim he is some kind of shareholders champion on AIM. But I have only ever seen evidence of someone with his own narrow self interests. A big ego but an even bigger chump.

His sharelosers pf is a joke. Riddled with losers. He does collude with a few shorters who know what they’re talking about and feel he runs off their coat tails.

CEO’s incentive package? I can’t be arsed to research it at the minute, I’ll get round to it. But Even if he’s right - let’s ‘suppose’ he IS right. Make hay until October boys on the back of Mullis ramptastic train! Five months is a LONG time on AIM.