Member Info for gggg21

https://www.itv.com/news/2020-04-20/how-to-close-the-big-gap-between-coronavirus-tests-carried-out-and-testing-capacity/

Write up by Robert preston to.
https://www.spectator.co.uk/article/why-is-britain-not-using-its-testing-capacity-

Whose the clown posting this Wednesday the low was 350. Friday 368. Today 382.50. Higher lowers lead to higher highs

Seen it all before we hovered between 100 and 140 for over a week, we all know what happened then and where we are now....

As they say higher lows higher highs, on Friday on the shake open it hit 370, this morning it hit low of 382. Remember how it shot up on close as people didn't want to be out...

Yep lovely jubbly 388 for me

France pm just announced no antibody test. All about antigen test aka ours and targeting 500k tests a week. Who was the first french approved test? Oh yeh that be novacyt primerdesign. As you were.

It’s great news. If anyone watched Matt Han**** this morning they would have known and realised that the novacyt/gsk alliance is now the chosen platform and tool for mass testing.

https://www.mirror.co.uk/news/uk-news/government-releases-full-list-key-21890473

“We have built up capacity in the system with new testing and diagnostic facilities backed by Britain’s world-class scientists and industry partners. This means we are now able to give even more workers who support and protect us the ability to know if they have coronavirus if they have been demonstrating symptoms”

Amazon are not selling the tests. These are not private tests. They are the standard government testing initiative. Amazon like Royal Mail is an element of the supply of the chain for delivering/collecting for mass testing. The government have backed the new gsk/novacyt collab test being launched very soon. Would much rather have mass volume, government backing, gsk partnership than low volume.

Hiya fella. Roche maybe used to. However the key wording is this. We are the ones working on the new quicker tester that is due to launch. So pretty obvious. “ a home test kit is being developed that can be delivered to someone’s door so they can test themselves, and their family, as required without leaving the house”

Remember gsk/novacyt/Cambridge uni are part of the governments announced 5 pillars of covid. So they are backing the consortium.

I think it is all of them. Amazon, dpd, Royal Mail etc. Amazon obviously got the newspaper headlines due to the name. National effort. This is all part of the supply chain and will enable the mass testing Who would have thought that novacyt would end up working in this supply chain with the U.K. government, gsk and one of the biggest companies in the world in amazon. Get ready for mammoth orders. I think a lot of jam shares still without a working product will be upset that the pie is already being allocated out and now finalised.

So I did some more reading on the amazon part as lots of newspapers got hold of the news to and the government only updated their website (the link I provided) on Friday night. The way it will work from my understanding is the swabs are dropped off to the doorstep (swabs are what are needed for our kit hence why we know it is ours from the post) and either they do them then and there and give back to the delivery driver or a collection time is booked in just like normal deliveries/collections, these are then took to the lab or mobile unit for the new quick dpcr test and then the individual at home gets a text message 24hours later to confirm results.

I am waiting for a daily briefing to officially announce this but has been leaked by the press and stated in the government advice document in the link I provided (that another poster kindly shared)

I think many will have missed this with all the noise - A fellow poster shared this yesterday. Notice the key elements in the official guidance for home testing.
https://www.gov.uk/guidance/coronavirus-covid-19-getting-tested

The testing process
The test involves taking a swab of the nose and the back of the throat, which can be done by the person themselves (self-administered) or by someone else (assisted).
a home test kit is being developed that can be delivered to someone’s door so they can test themselves, and their family, as required without leaving the house.

Now who is developing a dPCR test available for launch in May? From the Novacyt RNS
Novacyt has been working to address the current reported shortfall in extraction reagents required to perform PCR testing through the development of a new "direct-to-PCR" extraction method prior to running the Company's COVID-19 test.....
From the GSK/Government announcement (where we know it is Novacyt working) - This facility will be used for high throughput screening for COVID-19 testing and to explore the use of alternative chemical reagents for test kits in order to help overcome current supply shortages. Alongside this, GSK and AstraZeneca are working together to provide process optimisation support to the UK national testing centres.

And who is going to be doing the logistics for the test...Amazon
https://www.thetimes.co.uk/article/home-tests-for-covid-19-delivered-by-amazon-rnz5blnc7

Massive news - Again shows the government have ow backed Novacyt with GSK etc. and when they talk about needing to test a whole large town or small city like Bradford/Aberdeen size with a population of 300k you know what test they are going to use.

You star EXMEX - This is all now falling into place. This document was just updated. It all naturally flows and fits in with what a few poster and I have been saying. The new dPCR test that we are soon launching with GSK and the government is what you mention and in that link. Amazon supply chain logstics will be involved in this too as per this. This is massive.
https://www.thetimes.co.uk/article/home-tests-for-covid-19-delivered-by-amazon-rnz5blnc7
"a home test kit is being developed that can be delivered to someone’s door so they can test themselves, and their family, as required without leaving the house

Yeh nuog did well going from 0.50 to 2 didn’t it, was a little tiddler share though at wrong time. Lots of potential, promised lots always claimed to have business coming and oh yeh a load of MOUs but awful management. Learnt a lot about the markets and aim with it, was a few years back. Every day it’s good to learn and improve yourself. Anyway talking of good management good job we have graham here, what’s your thoughts on his background and shrewd move acquiring. Primerdesign for 17.6m. What is your thoughts on the dpcr test being launched with gsk and the government. Fantastic eh!

I think you lost a load on nuog if I remember? And admitted to crying asking people for help as you lost your finance on a car as you couldn’t keep up with the payments. Hope you have been doing better lately. You also never claimed a short ever there but I guess you have now along with your magical powers of self diagnosis. Who needs testing when you have starbuck and his warped reality. And now all of a sudden although the market is closed you have made up a fantasy short out of thin air all because I claimed I would think about shorting odx. Must have really got to you little one.

If you do an ounce of research. Read rns. You will find the sales. The prices. The production.

Just shown how thick you are Starbuck. Novacyt group before covid were expecting to do 20m this year in revenue. As of rns on 30th. They have done another 17m odd on top. They are now producing 4m tests a month so that’s 40m revenue currently a month. They plan to go to 8m so that’s then 80m revenue a month. They say even 8m tests a month capacity needs to increase so then that’s 10m capacity a month let’s say. That’s 100m revenue a month. Then there is the oems with USA and Asia. Then the q32 units that have go at 14k a pop for the tests to be run on, have provided evidence of these being bought together in the past with the kits. Then the fact this testing is all going to be done for months. All facts. All in rns. Maybe if you read them you’d get it....but I guess you prefer jam like odx and a mou which isn’t worth the paper it’s written on or the fact odx don’t have a penny.

I also don’t know of any posters who have been talking about profit. I think most and myself have been talking about REVENUE and being quite conservative. 80% profit on £8.68 wow. You are ramping! Imagine even £4 profit due to 3rd party wow wow wow

B2hs2l. Yes however you forget that it may have been “special pricing” on most private sites and distributors the actual cost of test works out at around £14-15. Hence why some and myself use a figure of between 8-10

The overall figures being quoted remembered don’t include the oem with US and Asia, the q32 units that will be being shifted at around £14,000 a pop I think it is plus the regular annual sales....

Levergrater. You got it to. Great post. When the government and/or novacyt announce the new test it be an even further game changer. I expect the government will announce it as it will be good pr for them. No doubt it is being tested at moment and approval could come anytime now as it states “ready for launch May) Forget all the other jam tomorrow companies others are trying to ramp that still don’t have a workable test let alone approval, orders or manufacturing capacity

Key from rns.
Novacyt has been working to address the current reported shortfall in extraction reagents required to perform PCR testing through the development of a new "direct-to-PCR" extraction method prior to running the Company's COVID-19 test. This removes the need for some scarce reagents and significantly reduces the number of extraction steps, allowing faster cycle times, higher throughputs and cost savings. The Directors believe this innovation should facilitate an increase in testing capacity for COVID-19, removing a current bottleneck in sample processing for laboratories. Novacyt expects to have this new extraction technology available to launch in May 2020.

Haha why? Did you watch it last night. At best they hope it “maybe” ready for September. And that is only 1m vaccines. Another 63m odd to cover the U.K. so maybe end of year if we get lucky. So probably another 8months minimum of massive sells worldwide. I am thinking in results announcement in around 10 days notification of a possible special dividend to come for shareholders. That will really be something.

I see how desperate all the rainbow chasers are on Twitter now with odx. A lot of them were in here. Be amusing watching them flip to ramping again here once they sell out Monday and buy in

Hope not to many are in odx over the weekend. With the comments from who that will tank and no doubt those selling out there will be jumping back in here again to recoup losses or add