Member Info for EthioEthio

Jesus Lol

Some of us have been saying this is a de-risk stock for a while now.

“But we remain on track to deliver a test to the UK that will make a significant difference to the approach needed to manage COVID-19 infections.

“We are proud to be an integral part of this project, and are delighted with the progress to date.”

When this test kit is out, everyone will use it. Everyone of us will buy 1 (i know i will). Even if infection rate drops to 5. There is guaranteed market out there. You just have to wait another 20 days and we'll all see x times current SP. The companies in the consortium will make profits they never thought they could ever make. facts. Reading this bb, twitter etc, not a lot of investors have in-depth knowledge of odx. Some don't even know they're manufacturers. Some don't know abot the mologic test being totally different from the RTC one. I think those that know about ODX are still holding and will get massive rewards in 1 or 2 weeks.

Well done to those that topped up.
Well done to those that held under pressure.
The RNS was positive. Following the herd is often costly.

Buy after buy and sp is held
a couple of small sells it drops.
background sells clearly still going.

its hard to believe GDR , unlike odx, avct have a working product out there that can be used which is CE marked and yet, no update from this BoD for weeks now on sales figures/contract wins. I question this BoD. They released a fantastic RNS at 4:30pm , the following day peeps bought in at 8am to take SP to £3. What followed is another RNS at 8:35am announcing placings at 60% discount. A lot of PIs got burnt. The overhung is still affecting the SP, as you can see every raise being sold. Its easy to blame MMs but you have got to look at this BoD. SP is now so low, news will not take it back to 2.50 like we predicted a couple of weeks ago and £3 will be a life time away. At ncyt, they announced every contract win and SP was going up on the back of each RNS.

PhoenixInvestor - If you dance with the devil as they say... This company has received funding from gov and is therefore dictated.

Truthfactory, i can't work it out either. Its nice to see it up after such a long time. I'm hoping for more but we'll see.
your sce did quite well yesterday, hope you took profits. my covid stocks have held me up a bit but still a lot of opportunities out there. GL.

like i said below, the impairments are not great but as a company, you have to focus on what will bring you more profit long term. If anything, it shows you how CONFIDENT they are with the RTC POC test kit which is the BIG one. That's why CEO says, "undoubted potential". Read the last part of what the ceo said.

MIKODX
I disagree with that.
Why would they go on skynews IF the product could not meet the requirement?
The hold up is with government. They want not just a test kit, the best track and trace system in the world for 2nd, 3rd waves. That includes integrating the test kit with the app to update central NHS database. As far as Abbing and ODX are concerned, i think they're done. imho

MIKODX

You need to buy stronger coffee

The RTC POC test kit does not even need WHO approval. The UK market is enough for them. But they do have capacity to produce more than what is required by UK which means , they will get the approval and will sell to the world.

The recovery players will make £££
This should be back to 67p

£3 seem a life time away.
They're taking too long to issue numbers and other news.
Surely, they would have sold in Europe. Where is the approval from WHO?

The game is running away from them and they need to speed up. I expected contract news before the 28th or just after it but its taken too long and market doesn't like delays and hence the current sp.

"undoubted potential."

CEO would not be using such words IF he did not know the product is done and the buyer is lined up.

STRONG buy!!!

"undoubted potential."

They already have a buyer for RTC POC test kit.
They are waiting for Gov to give them the green light.
They know they have a test kit that works and will make BIG BIG profits.
the impairments are what the market didn't like but it will benefit the company in the long run.

RTC news imminent!!!! hold and you will be rewarded.
The nasty MMs

MIKODX
A lot of peeps get alerts from LSE when RNS is issued.
You could not be the only person that got a different RNS.
No one else has seen anything but this RNS. This was issued at 7am.
You're saying you got yours at 8am. I'm not sure you got this right at all

MIKODX
I very much doubt that.
You can phone the NOMAD to find out should you wish but an RNS would not be issued , removed and then reissued like that.

MIKODX

what do you mean the RNS has changed?

it does look like MMs wanted cheap shares.
they'll be selling them fr big money later.
RTC news still to come. The main test it.
everyone will be taking that test so demand is still huge.
competition has been found to be weak.

i really don't see anything in the RNS that is negative. why the drop?

The RTC part is controlled by government and that is still to come.
This is an update on the Mologic side which is expected. False drop for me.