Member Info for GLR1990

In terms of the investment here, there is no need to focus on the severity of the virus

It is spreading rapidly, faster than any variant before it - cases are going to skyrocket

Lots of the population are NOT protected, boosters are the most important thing right now to save lives, second comes testing which can dramatically reduce the spread and protect the vulnerable, not to mention open up the economy

We know cases are going to skyrocket, all of the data is clearly pointing that way (from various sources in England, Scotland, Norway and South Africa)

Can the NHS handle 100K cases a day *IF* many of them lead to admissions? They may not be severe, but if they take up a bed for a night or two then that's going to cause major problems

Also what about the younger generation? Our younger generation is not vaccinated just like SA - lots of admissions in the younger groups, can they just 'get on with it' or do we need to put in measures to protect everyone who has not been vaccinated and especially the younger groups

These are my fears and the Q's I am asking - it appears the general consensus is that we should just 'get on with it'

HD2U, I dont want to fearmonger on here so all I will say is I expect cases to significantly rise
Will that lead to more hospitalisations? I believe so, more deaths and ICU admissions - possibly not and that is the hope, however thousands of admissions will still cause pressure on the NHS

I think we are walking into a disaster here, my biggest worry is actually the younger unprotected age groups

I understand people are fed up... and just want to get on with it... the economy is in tatters, however I do believe if we hadn't gone through 18 months of pain and were not 'fed up' we would be taking this much more serious right now

Only time will tell of course, I pray this is significantly less severe and the final wave

£500K is not much however, suspect most of it will be forward sold
e.g. current holding 10K, apply for 10K via PB
If you get near 10K, then sell the difference knowing you will get it back later in the month at 25p

However, clearly shows the strength of this stock post placing, that we have not dipped below 25p

I do think we will have a good couple of months here, SURELY all of the bad news is now out of the way! (business wise)

AVCT TT is vital this month, we have to get that initial order over the line and start making tests, I've said before even if its 500K a month thats a good contract, so with Avacta suggesting 2m per month, this would transform Abingdon and really could send us back to IPO price in short order

Remember, if we go too cheap Avacta (or another developer) could simply buy us out, so at £30m MCAP I would hope this is the very bottom and anyone adding here should be safe knowing that a buyout would likely be in the region of 40p+ (on current metrics) therefore, and I've said this before and been wrong, much less risk buying here with all that being said

We need some movement big time here in the next few weeks now, no excuses from the BoD, why on earth is the TT with Avacta taking so long? Supposed to be 3-4 months, it has taken over half a year - if they screw up this pending order because they cannot successfully TT the AVCT test then it's down the gutter for this stock - likewise with Vatic who appear to have significant orders pending and multiple trials, supposed to be a top tier manufacturer of lateral flow tests and can't onboard clients quickly? At the moment I would not trust this company with my antigen tests

Bod have lots of skin in the game here, employees share save scheme is at 70p might as well stop paying into that and do another one for the staff as that is a disgrace, crunch time have to deliver in the next 4-6 weeks

understand DHSC issues but you havent sold a single ABC test and haven't sold a single antigen test when billions are being used each month

Rant aside, the update looked very promising but the ball is now in ABDX court, if they mess up this TT with Avacta the issue is on them and can have no more excuses

Strange rise all of a sudden to 41p, back down a bit now but looking at the trades lots of £10K chunks paid way over the ask (40-41p)

I think this is the start of the boom, was lucky enough to be in GDR early and stupid enough to sell it in the low 20's, similar thing happened there before the mega move - I am confident we will attract the money soon

Doesn't have to be a leak
I've been saying this since last week
New variant = more cases = more testing, likely now until 2023 (globally)

We IPO'd at 96p and have not as of yet diluted, we have capacity for 150m tests per annum (85m foiled tests) and have multiple rapid antigen tests under manufacture, not to mention antibody tests and a ton of free capacity for developers/governments

and our market cap is £40m - £20m went into expanding capacity!

As I said only issue is potential funds in Q1 but DHSC payment of £6m covers that if it comes, or any revenue from the upcoming release of Vatic test or when HUA comes in for AVCT

All the covid money come over here please,

Best,
GLR

HD spot on, regardless (as I think it will not impact severe disease too much) it will result in a fourth wave globally, and likely higher (record) case totals, meaning testing will be required for much longer than anticipated
It is now clear, and I am really unsure why the market is still holding up, that Covid will be around until the entire world is vaccinated, otherwise we will continue to breed these mutations
This is all if the current vaccines are effective, if not then you are looking at summer 2022 until the new batches can be delivered in their millions

SP is down because of placing fears in Q1 22
However they indicate group support, so could be a temp stop gap (e.g. raise £1-2m from directors/IPO investors)

Of course no need for a placing if Vatic or AVCT start making sales, or if the DHSC payment comes through - which it might as UK will surely need to reboot its manufacturing capacity to deal with this new variant

This will fly in the coming weeks

Avacta LFT to being manufacturing very soon, right now the focus is on PCR - why?

Because PCR can detect the dropped S gene and accurately track the current spread/trajectory, however - PCR will move aside once we are sure LFT can detect the new variant and secondly once thousands of cases are here (revert back to LFT as before)

ABDX also sells PCRD to a consumer in the US, global demand for LFT's and components will skyrocket

I am not going to post what I think will happen in terms of transmission, severity etc. I am not a virologist and do not work for Moderna or Pfizer, however I am confident this company will do well over the next few weeks/months

Quite shocked this hasn't moved, has a lot of exposure to covid testing including
- Biosure partnership
- Avacta Partnership
- Vatic Saliva test in December
- PCRD supply agreements (£2m in Feb 2021)
- Antibody testing (although I think that's been universally shelved)

Still, £35m MCAP smashed down by UK GOVT mispayments etc. can see a big recovery here if the new variant takes hold (which I hope it doesnt of course, but a good hedge)

Could be a good trade back to placing
£15m MCAP and £7.5m cash with a covid POC test about to be released (OK, agree it has been imminent for about a year...) still back to placing should be nailed on here (25p)

Could be off market trades or broker to broker trades
16p is 2p correct?

been buying these for a short term trade until Y/E

Hopefully next week is a very good week, that article posted by the CRA journalist pretty much said the airport in Q was nailed on and would possibly be signed this week, so be good if we hear something about that next week

Eskers also pointed out that there was a tour of the DRC airports begun 1st Nov for 20 days, so hopefully the ratification is tomorrow or over the weekend

As with all these contracts, I dont think once they have hit an estimated timeframe, so who knows could tank further from here but now back at the price it was pre-placing (slightly higher market cap I suppose) still, if all the deals get signed its a bargain, throw in a CRA deal and it'll do 150%+ from here

Hopefully DRC ratified this month and a nice new contract in the CRA
Airport in Q looks good, twice as big as Freetown

I think it is a game changer, just the market will not react until that game changing spark happens, however its clear it is about to happen in due course

Basically got a new company on board today, named HyProMag Limited - which we own 80% of

This will replicate the hard work we have seen in the UK, also decreases our exposure risk to UK - Germany is a superb operating territory for HyproMag so fantastic news today

You can see what they are doing, the market will react once commercialisation begins, in which case I expect MKA market cap to be way north of £100m GBP

I dont think anybody truly cares about the consolidation or see's it as anything but a positive, I didn't care one bit (aside from ensuring my holding is divisible by 8 due to OCD!)

Was more focussed on the name change, marketing spend and current contracts in negotiation, not to mention partner developments

Tie in a name change with a new contract and a partner development and Starcom is in the past, T42 IOT is the new company and it will be off to a rocket

I think the only thing that will help the SP in the short term is a new sponsor, personally I dont think the result will help in the short term, the IPO document set out the following expectations in the first 12 months of listing

- £5m in sponsorship revenue
- £1m in retail/merch sales

We know they definitely do not have £5m in sponsorship revenue, unless they play it over 3 years - not sure they can as they stated 'generated' not 'booked' over 12 months

£1m in retail, if they have achieved anywhere near that then I will pile in because that IMHO is some achievement and when I initially read that in the IPO document I did think it was hugely ambitious

Still holding 50% but only giving it until the end of the month, maybe less and no sponsor, I am out

Thy have 24 months cash already allocated so no need for funds, they also state that based on a worst case scenario of no revenue and state in the IPO document that they will adjust second year funds if necessary (Probably just get rid of the Beckham deal if that is possible)

So no placing IMHO for a good while even with the reduced sponsor revenues

Cash at £10m+ again would be a positive in the results - they will need to come to market again but likely to be 2023, hopefully next year lots of LAN events will open up and they can gain more reach though that

They've smashed the follower/audience targets, 10m was the target, think they are on about 17-18m - Subway also seem very happy as per last RNS, so positives there

I dont think this will go any lower than 3p, I think that would be ridiculous, but they are likely to be 50% or more down on initial targetted revenues so at the same time it is hard to argue the bull case for a share price much higher than today

Announce a new multi-year sponsor in the millions and of course we do 50% from these levels minimum, I am just not sure why it is taking so long if they have interested, if we cant replace a sponsor how on earth are we going to attract new sponsors?

Badger will all due respect I suspect you have not been here since 2017 or earlier like some LTH's

You're points are all valid, however sentiment is an extremely important force in regards to moving a market

The word/company starcom is always associated, via the trolls, as 'still loss making' and 'placing incoming' - also, the company has evolved since 2015/16 when it was all about the Tetis, we now have an expanded software platform, more integrated with green technology (CropX and Zero) and have been endorsed by giants such as DHL and Bosch

'Starcom' the company has needed a rebrand for years, but I love the timing - supply chain issues are everywhere, and its going to continue for the next two years minimum - our products, endorsed again by Bosch and DHL should be flying off the shelves, but they are not going to be sold without a large marketing push and rebrand

Starcom CAN be that company that greatly assists the supply chain, whether that is re-routing goods, sending more goods when one is delayed, and keeping track of goods in transit - in the background they supply the software for CropX and Zero, electric vehicle and Water saving technology, how many investors are looking for Water Technology and EV investments! Almost every investor is interested in these markets, yet the view is that Starcom are just a 'tracking' company that like to track containers - not the case!

SaaS is likely to be $2.2m+ this year, thats been growing through the pandemic which is a huge testament to the BoD and products - you will struggle to find a company that brings in that much SaaS, with the partners we have, for less than £20m never mind £10m!

So, a rebrand was absolutely needed, and rebrand everything, the products, the share price, the shares in issue etc. I've always said if Starcom did an IPO (aka never previously listed) it would be valued around £15m+

Fully expect us to be sitting in the 3's come Y/E, or whatever the equivalent of that will be

With no new sponsor then the valuation is where it is, they only have subway HyperX and Samsung, Subway is great £1.1m a year and the others add about £900k in revs between them (minus kind) so ~£2m minus any academy and merch/in game sales, I doubt academy and in-game/merch sales are high so likely to be $3m in revs for the FY, that is extremely poor considering the target was much higher and how much they are spending, I keep referring to peers who already have an established brand like G2 etc. bringing in $10-40m revenues PA and valued between $150m and $500m, GUILD is currently valued at £20m / $27m USD bringing in $3m revs PA but with a lot less reach and not as many platforms, I dont think at this price is it massively overvalued but at the same time I dont think you can really argue it is that undervalued, its about right (3-4p) however without another sponsor it wont be able to keep funding its growth so will need to return to market, thats where investors in now get shafted and the market cap could easily be sitting at £30m but with an SP below 3p, so as I said before no new sponsor in the next few weeks and demand is clearly not there, will be heading sub 3p in no time if that is the case, hope for all involved including myself we get an announcement soon

Have seen a few big e-sports companies go bust recently so not an easy industry, we dont seem to be accelerating which is what early investors expected