Member Info for GloriaMarket

"Some good post Technick... What many here are forgetting is that even once vaccinated testing will still be required for years yet...Prof Van Tam said the virus will never leave us and it's a case of managing it through testing & vaccination.... And the most important bit was it would need a 70-75% take up of the population for it to become effective and I can't see that happening for a few years at least."

100% agree . However, the question is how many of the tests world-wide will be sold by GDR? I suspect the pellets do not offer value, if they did GDR would've sold millions by now. So imo its all down to the POC test kit - the first results regarding its accuracy and sensitivity are due before the end of the year.

>BC might decide not to continue with us commercially.

BC have no commerical agreement with GDR , so there is no commerical agreement to cancel.
BC and GDR have a simple relationship in terms of GDR developing their product and testing it on Beckmans equipment.

that's very true, Knightrider.

tbh I think Mr Budd would be happy if the SP was 15p and it grew steadily from there. Say, 20p a year from now.

GDR comes across as a nice family-run company to work for and David Budd sounds like a nice man. However, it's not a family-owned company, it's a listed company with huge competition wrt covid.

"Bought value £230k .. sold value £130k.. this share will be up over 25% by 2pm IMO.."

what does IMO stand for, "I must obey"?

beckman is not a commerical collaboration.

the gdr product suite sounds very complicated for the authorities. Would probably be too complicated for customers too hence no sales in europe?

GLA

> I still think that they have a good product but question why no one is buying it!!??

good question for david

Lloyd, I agree, this is an ethical stock. David Budd has done very well raising 8 mil on an 80p placement.

Mr Allah, Please don't be boring and please stop stating the obvious. There are rampers we all know that.

" if they help even a small number of babies from deafness my money is well spent, "

well said.

Don't forget the people who sold their shares to you, you've made them alot of money too... which is nice.

10th july trading update sp 83p,
final results 17th nov sp approx. 52p

no covid -related sales in H1 or H2 to justify the current SP, not even in areas where approval has already been given and where sales were expected (remember the 1 million pending approval from trading update 10th of july)?
GDR must feel like the ugly duckling so why is the product so unwanted at the start and middle of a pandemic?
The competitors are plainly better than gdr

Europe is in the middle of the second wave now, why hasn't the "european country" ordered now? why wait until Q1 2021? This is a health and economic emergency, after all.

My conclusion: GDR are peddling an unwanted product. They tried to jump on the covid-testing bandwagon had failed terribly so far. The only chance is the POC . I suspect its POC test that the european country is interested in and that still needs testing and approvals. In the meantime, positive vaccine announce will continue and vaccinations will start (thankfully!).

the best post and temperament on this board. Not even Warren Buffet backs a winning horse every time.

What about the million pound order pending approval in Africa? No mention of that, leaving one to assume Mr budd knows how to lace awful rns's with a slight glimmer of hope to keep the sp up.

I really feel sorry for gdr employees, and investors of course.

Thanks for summary bigal47. Let's hope the news tomorrow contains something tangible about sales in h2. Gla.

The results tomorrow will only report figures for H1, so they very unlikely to be encouraging.

An acquaintance told me that GDR have started working with Hallmark. They will supply one dried pellets for each of Hallmarks new range of covid-themed Christmas crackers. I've done some quick calculations and assuming each pellet costs ten pounds and hallmark sell 100 million individual covid-themed christmas crackers, then this SP will shoot past 500p and David Budd will emerge a hero. Hurray!

"Stranger things have happened Gloria :-0"

Yes indeed. Fingers crossed.