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Thank you for the posts. Yes I agree 100% that money has been wasted on poor and substandard kits but the government doesn't want to do a u turn on this topic. Regarding when I bought in I am still in profit as I have held since Feb 2020. And I bought in as a punt to see how it would go. But from then it has risen hugely and it was my fault I was greedy and wanted more and did not sell. Now the profit has dipped a lot. I am still going to continue to hold but I must say the momentum is really going from this share I feel. It also seems that some people just want to hear positive news and turn a blind eye to any criticism. The reality is the share price has tanked since Jan 2021 and it will take something monumental to get it to close to £12. That would be a 300% rise. I hope it does I really do.
Porky thank you for your reply and mention. I am not a shorter as you suggest. I check this board daily and read through the comments but rarely post. I am actually an NHS medic that has been working in the hospital throughout this pandemic. I have no interest in entering into a verbal dual. But I do want to ask you something. You have stated that this will reach £54 per share. Now I don't know if you do this deliberately to try and ramp and mislead however, I think it is pretty irresponsible. Is the share price dropping from £12 to below £4 to then suddenly shoot to £54 part of some grand master plan? I have been invested in this share since Feb 2020 and I want this company to do well. I should have sold and didn't at £12 and now I am nursing a loss of £15k. So all I am saying is please be honest with the posts because it is regular working people that seem to get their fingers burnt. I know people will say you should do your own research and don't take this as financial advice however, I still think there is some moral responsibility to overramp and underramp a share. There are a few that keep saying follow the fundamentals however, the same figures have seen a drop in share price of 66% since Jan 2021. I wish this recovers I really do. Anyway I must get ready to start my shift.
Thank you for that message. Tbh I am not sure where this is heading. We know that LFT tests are not as accurate as PCR however, the government has stated their position on using these and will not budge. I am confused greatly about how this share price will rise now. We have lost the UK government contract and now are in a legal dispute with them. Surely, this would affect future business and contracts. I am not saying this to be a deramper. Not at all. I have seen a loss of approximately 15k in profits which has been difficult to take. However, I feel that people wishing for the share price to go up won't make that happen. The communication from the Company is terrible and has contributed to this drop. Maybe they want this. I am not sure how this would benefit but at the moment to me it looks bleak. They need to put some positive information out soon otherwise this share price may return to what it was in March 2020. I would be grateful for thoughts.
Thank you for all the replies. The problem that we have intiially had was the time it took for the PCR test to be performed and for the results to be processed. I am not sure which processing machines are used but I can enquire about. The main appeal for the LFTs has been the rapid turnaround time for the tests.
Regarding the projections I understand there will be some bias and positive affirmation and I would obviously like this company to continue to have a massive rise in SP. But it is what is achievable and likely regarding the SP that would be useful to know.
Best wishes all,
Hi,
This is my first post on this forum. There has been great work put in by all. I have been a holder of these shares since Feb 2020. I am wondering what the thoughts are on this company going forward? I have seen the profits go up to as much as 22k and then drop again but I am now continuing to hold but unsure of for how long.
I work in an NHS hospital and I can say that there seems to be a lot of LFT kits coming from China and there seems to be a move towards this. I must say amongst the Drs there is a strong suspicion regarding the accuracy of these tests with some suggesting it is close to 50% accuracy. In fact we have seen in cases where the LFT test has come back negative and the subsequent PCR test has come back positive. As you can imagine this is a very dangerous situation to be in because a false negative is far more dangerous. However, the concerns are largely ignored and the delivery of these kits continue to come in from China (Innova I think was the name of the company).
My question really may be unanswerable but the fundamentals of the company look strong however, I do not have a financial background and I am just trying to guage some thoughts on what people's future predictions regarding this company are.
Sorry for the long post but just trying to see what people's thoughts are. Many thanks