Member Info for E_AL

Thanks Thordon & I agree, the update wasn’t ‘catastrophic’ to justify 50% drop in the company’s Mcap! I read the trading update several times and it’s obvious that the company has so much to offer, they signed several contracts with reputable businesses this year and provided a promising future outlook. The major issue was the drop in the non-core business which forms just 14% of the company’s revenue. After today’s sp drop the business is valued at roughly one times forecast sales which doesn’t make sense in Tech listed companies. For a profitable, growing business like LOOP that might not be expensive, to put this in context, Zoom is valued at 38 times sales!!

“ While trading is expected to remain challenging in the non-PS part of our Meetings business, this now represents just 14% of our total LoopUp Platform revenue, and with a continued focus to drive forward our PS business, it is expected this will have progressively less impact on overall trading going forward. By contrast in our core market, we remain confident in our ability to drive attractive, sustainable and profitable growth of our premium external cloud communications platform, and therefore plan to invest to maximize growth and shareholder value creation within the constraints of our strong £11.6 million cash balance (at end October 2020).”

LOOP is ridiculously oversold on the technical chart so I’m expecting a bounce next week back to 100p min.

27-Nov-20 17:07:54 78.00 513,304 Buy* 76.00 78.00 400.38k O
27-Nov-20 17:04:44 79.80931 431,394 Buy* 76.00 78.00 344.29k O
27-Nov-20 17:04:35 80.28616 431,394 Buy* 76.00 78.00 346.35k O

Almost 3% of the company’s shares were bought in these three after hours trades .... an example of MM manipulation!

Final flush

16:25:58
74.50
300,000
£223.50k

Nice!

4:21:15
87.483
580,690
BUY
£508.01k

A chunky buy just gone through!

14:00:12
2.1519
10,000,000
£215.19k

RSI 7.8% on the 1 hour chart
Massively oversold

Another topup from me - RSI is only 8.3% on the 1hour chart (Heavily oversold)

It should show recovery very soon

Good news !

LF tests are ONLY being given to people in Liverpool without symptoms during this pilot operation

It is pretty clear that this means there will be far fewer positive cases in this sample than in the sample who all have symptoms and come forward for the PCR

Gazza4563, from yesterday’s interview with Colin:

3. What opportunities are there to sell the ABC-19 antibody tests beyond the UK and will this generate better margins for Omega Diagnostics than with the UK RTC?
The Company is confident there is a significant opportunity to sell the ABC-19 antibody tests beyond the UK, due to product performance, and its link to the UK Government.

The consortium is actively looking at other markets across the world including the US and yes this will generate better margins.

>>>>>>>>All profits generated above the Government pricing will be shared equally amongst members.<<<<<<

https://www.sharebuyers.co.uk/shares/omega-diagnostics-qa-seize-significant-opportunity-ahead/

Omega: Antibody test
BD: Antigen test

Two different tests .........

The PHE approval was for professional use
MHRA is for home use (which is what we are waiting for)

Oxford University and PHE confirm high-sensitivity of Lateral Flow Tests following extensive clinical evaluation

Extensive clinical evaluation from Public Health England and the University of Oxford show Lateral Flow Tests are accurate and sensitive enough to be used in the community, including for asymptomatic people.

Sir John Bell, Regius Professor of Medicine at Oxford University, said: 'The data in this validation report demonstrates that these inexpensive, easy to use tests can play a major role in our fight against COVID 19.

'They identify those who are likely to spread the disease and when used systematically in mass testing could reduce transmissions by 90%.

'They will be detecting disease in large numbers of people who have never previously even received a test.'

https://www.ox.ac.uk/news/2020-11-11-oxford-university-and-phe-confirm-high-sensitivity-lateral-flow-tests-following

"ODX may publish an RNS 'noting' Abingdon's statement but it doesn't actually have to."

They have to, it is a price sensitive information which resulted in 20% drop in the company's Mcap earlier today

Nice buy has just gone through

10:10:08
1.68
1,394,335
£23.42k

Sp hit 200dma earlier this morning and is bouncing back up :)

Clentek, obviously you don’t know much about Amigo. Nathan leaving the company is a dream come true to shareholders

Its strengthening the support around 6p.

Should be a blue day today, L2 & TA Chart ready for a bounce

"@toma.kyuch:Yes, Glen has only another 2.67% to sell. This is about 12m shares."

From Twitter:

"#AMGO Shares in issue475m

Shares traded since yesterday 116.7M

Glen held 6.03%, sold 3.36% yesterday (TR1) and left with 2.67%

~9% of AMGO’s shares were traded today

*Glen is out

https://twitter.com/E16343676/status/1324049120731058180
"

Market Summary >
Non-Standard Finance PLC
LON: NSF
3.54 GBX (+17.93%)

The TR1 was for yesterday’s 3% sell & I think he offloaded the rest today.

I’m expecting a bounce tomorrow back to 7-7.5p

haha give them a break lad, they have to deramp about something!

Harry will present at Africa's mining investment conference in Perth this Thursday so I am expecting many PI investors will join the club after the presentation. Maybe we'll be offered a JV with the Aussies? ;)

"• The The Arabian-Nubian Shield (ANS) contains the world's LARGEST Neo-Proterozoic gold resource, and includes:
• 13Moz Sukari Mine, Egypt (Centamin)
• 4Moz Block 14 Deposit, Sudan (Orca Gold)
• 3Moz Lega Dembi and Sakaro Mines, Ethiopia (MIDROC)
• 2Moz Hassai Deposit, Sudan
• 1.7Moz Tulu Kapi Deposit, Ethiopia (KEFI Minerals)
• 1.5Moz Dish Mountain Deposit, Ethiopia (Allied Gold Corp.)

Source: https://bit.ly/2TShCAb