Member Info for GLR1990

Seriously? They IPO'd in October... they also hold around £2m+ in Bitcoin

From the admission document

With the £7.5m funding that has been received in early October, we believe this is an exciting period for Mode and will enable the Group to deliver on its promises outlined above.

Going Concern

The directors are satisfied that *****the Group has sufficient resources to continue in operation for the foreseeable future, a period of not less than 12 months from the date of this report*****. Accordingly, they continue to adopt the going concern basis in preparing the condensed financial information.

#ODX 177m #ABDX 80m

ODX capacity by April 2021 8m PCM
ABDX capacity by end of 2021 150m per annum (with a site in the US)

Not saying ODX is overvalued at all btw, so dont take it that way, what I am saying is we cannot sit at £87m when they sit at £177m - either one has to fall or we rise up, preferably we rise up!

yes ODX has the Mologic test... but ABDX has the Avacta tests and I am sure will be doing a TT on the new Mologic/Avacta test, which could be the new gold standard

Sold 5% - no wonder this has barely moved compared to everyone else
Should be 160p+ once cleared, hopefully before the end of the lockdown

Great RNS today securing both reagents and components, critical for a secure supply chain
Also nice that some significant revenue may come from this via ABCAM LFT contracts

Volatility north is the best outcome for mode
A straight shot to $50K is clearly better for ARB, but for mode it would be better to hit 41-46-42-47-43-48 etc on the way, to promote buying and selling

App will be flying on the store, should overtake all of the other financial instruments that do not accept bitcoin etc.
WIll be interesting to see where it stands at the end of the week
For reference this morning it was #100 in the finance department

ODX now valued twice that of ADBX
In theory ODX could buy us out for 50% dilution (obviously more complicated than that)
ODX future looks great but so does ABDX, silly drop on a Daily Mail Article, do people really think ABDX with 12m capacity will just sit there letting everyone else manufacture?
Short term pain long term gain, Q2 target 150p+

Looks like a seller (possibly TR1) offloading the 25K chunks
87p ATL selling at a loss
Will hold 12m Capacity per month is worth a lot more than the current MCAP
Very much doubt ABDX with all their expertees will not have a huge part to play in the UK Manufacturing Capacity

Can you please elaborate how a loss making company, which has not made a bottom line profit for the last 3-4 years, is due $1m in corporation tax payments?

Your comments about the £1.25m loan - was not raised for cash flow? Where are you getting this information from?

You need to back all these statements up as they are pretty serious statements

Would expect an update, possibly tomorrow or Friday on the January performance

From the last RNS

"In the first few days of January alone, Mode has already seen a 40% increase in user growth numbers compared to its weekly average during its record-breaking December, signaling another strong month ahead"

Good to see V prices moving north again, after taking a rest, 17.5p was a bargain although I did not add more (saldy exhausted my top up at 20p)

Lots to look forward to this month, a nice juicy tender of course would be the icing on the cake!

To a great February!

Just locked everyone out of AMC and Gamestop

This could get very interesting for Silver

GL to all long term holders here, I am simply here for some silver exposure to the upcoming (hopefully) bull run

Any of your buys the 100K or 200K - if not looks like we have a big buyer here clearing the sub 5p stock, hopefully because something very positive is about to land

REPOST

Ah excellent, did not see that last snippet there "progress since the start of our 2020/21 financial year in the very near term"

I have done some calculations, can see them on Twitter (probably all wrong)

But as a really low base case
13m pupils
Capture 20% of the market
$2 per pupil
50% margin

Total Revenue PA - $62.4m USD / $31.2m Profit
PE of 20 looking at an SP of around 68p

I know a lot of you have $5 as the charge and 80% as the margin, but of course if I can price a lot of caution into the model and still get an SP way north of here, then I will take it

Whoops, sorry this was capturing 20% of the market! so 20% of 13m

Come on Eskom giz a job, we can do that

V prices actually flat today/slightly down, so the streak is over but I suspect it will rally again in a few days, happened around the end of the year, actually happened 14 days ago hence the streak...

Even more undervalued!

Just so I am on the right page here, the rollout has already begun correct?

'The partnership agreement will see all parties execute an implementation and rollout schedule, commencing in January 2021, that will result in Dev Clever's Launchyourcareer being utilised by NISA as the platform-of-choice to deliver a minimum standard of career guidance across its affiliated schools. NISA represents over 70,000 budget private schools in India, attended by c.13 million students.'

So we should possibly get an update end of Feb on how it is going?

Just so I am on the right page here, the rollout has already begun correct?

'The partnership agreement will see all parties execute an implementation and rollout schedule, commencing in January 2021, that will result in Dev Clever's Launchyourcareer being utilised by NISA as the platform-of-choice to deliver a minimum standard of career guidance across its affiliated schools. NISA represents over 70,000 budget private schools in India, attended by c.13 million students.'

So we should possibly get an update end of Feb on how it is going?

Getting silly here
China up to $30.50
Europe now $27.75

Rising nice and steady, end of next month hopefully a further 10-20% added to the price

Eksom Tenders should be announced in the next 4 weeks, Feb could be a highly transformative month

Quite an incredible SP rise today, lots of volume and no retrace, if BGF are still selling then this will pop as soon as they are finished, 60p+ on the card before the week is out watch this space!