RE: gggg21 - hope he's alright10 Apr 2021 15:28
Matt yeh ok this is aim for you nobody saw this rns coming nobody, My take...the government have done 180 here i had heard whispers back in December but ignored them as i had faith, i am disappointed again at the way the company communicate as there needs to be more clarity around everything going on. We can try to understand what has gone on with everything, did the government not like out 80% margin? The mms took it to the cleaners yesterday. I would expect a little further shake Monday but then the mcap reflection becomes a little silly. It is going to be turbulent both ways as now traders will be all over it. Covid is going up globally rapidly and still need to control strains. The most impressive element yesterday is the 50% sales outside of DHSC as that was a nice number. I will continue to watch and see how everything plays out, i want more clarity.
Dust needs to settle a little current Mcap 289m....cash over 100m....sales looking like 140m for this year. is still great...need to see full guide to activity and business plan before i make a move but could have good legs to jump back if they sort a few things out, all it takes is one RNS. If they drop this to silly on monday i will be getting back in. You could do an aggressive takeover for 500m for a ready made diagnostic company, ok £7 a share but think some be happy with that.
I have seen rides like this before, Boohoo got smashed on slavery from 400 down to 200....that became a bargain as it recovered over a few months to 370. Asos gave profit warnings, had cash worries, kept saying market would be uncertain fell all way to 1000 last year it hit 5900 last week.
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