The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agree, its fairly obvious based on the past 10-15 trading sessions that we are climbing slowly. This steady trajectory is unsual on AIM but shows the strength behind this share. Massively undervalued and will find itself above £3 easily without news over the coming weeks but i expect we will hear something pretty soon.
Well it is unusal we havent had our usual monthly sales update land. I know this was’nt a given the company had committed to but i am sure everyone on here expected to here something as we have been regulary updated on the monthly sales. Maybe there is more to the update then just the sales and the company are finalising this? I would not be surpised to see an intraday update land anytime between now and COP tomorrow.
Its gone up on every Sales update, even the last one. It only started falling because the market placed too much emphasis on the dissapointing news from HAS as the market was too focussed on that being the home market. The wording on an update also has a significant effect on how the market reacts. If we are at order book of say roughly £170m and we get good updates regarding US OEM, Covid HT and Mobile testing i believe we could gap up quite significantly.
Gggg spot on. Having just finished reading the report (bloody long day at work). I picked up on 2 key things. 1. The company are not focussing on acquisitions YET. They have more important business to deal with and i think that is the right thing to do at this stage. If they can nail the collab with AZ for the new multiplex test then we are talking easy half a billion revenue from that depending on scale up and manufacture.
2. Chairman has given us a massive clue (always look at the wording in an Annual Report). Hinting at a divi now will attract funds. However, being on AIM and the manupulation we have seen to date i expect some have been loading already. Shares are in sticky hands now and will get even stickier with such a small free float. I expect these announcments to come soon along with a sharp rise in the SP. we could be nearer £6-£7 in September. All imo of course.
They have been on the radar since January believe me. They are a diagnostics company that are in the right place at the right time they know this industry better than anyone it is there bread and butter. When your this good at your primary business what major would not be interested?
Someone was loading between 230-250. My guess is that is now over and a lot of short positions have closed. Increased volume here this week on anticipation of results. Revenue for June is £50m my guess and i am expecting to hear production increase to 15m per month. Total revenue and orders at 170m the mcap will need to get a move on. £3.50 - £4.00 my guess by Friday.
Well well, something is cooking with roche. Why would they do that? They have definitley been in discussions. Are Roche about to take us out? What would you do if you was a multi billion pharma and potentially your biggest competitor was at 170 mcap. Hmm. I recal seeing something random about negotiaitons with roche earlier this month but dismissed it maybe they knew something... something is brewing and we will soon know what.
Great spot. They are our closest competitor aswel. It would be awesome if Graham said the same on the next update and as a result we are increasing manufacturing to 15 million. We have to be on that WHO order aswel so need to hear about that too. We could be at a billion pound revenue this time next year potentially!
Surfie, we are heading into the biggest recession in over 80 years possibly a depression as many economists have predicted. On top of that we are looking at the very likely chances of a second worldwide wave which will cut deeper into the markets then the first time. The DOW has been rallying ever since its low in march on what exactly? Why is it at almost pre covid levels? The markets are all over the place and so volatile that even the slightest bit of enthusiasm about a vaccine and the end of this virus will send stocks flying. On the other hand, any hint of a second wave and when reality of all that has happend sinks in and companies report half year losses we will see a massive retraction in the market. I know where i would rather invest and its not in the FTSE right now.
Wider markets getting hammered and more to come. DOW is stupidly inflated and once the whispers of a second international lockdown start spreading we can see similar falls to those in March. We can do with the volume here so the more buyers the better.
Put it this way. Its quite likely our current assets will be greater than the entire Mcap of Novacyt group in 7 days time. So at that point the market is saying to potential investors you can buy this whole company, its tangible, intangible, intellectual property for less than its net assets value. Absolutely bonkers!