Member Info for GreggsStottie

He's moved his money to Genedrive to ride the 14% there and will come back here when he gets his price.

Each to their own...

He posted this yesterday...a trader he is...zzzzzzzzzzzzzzzzzzzzz

MIKODX

Posted in: ODX

Posts: 1,725

Price: 95.00

No Opinion

RE: Expect the unexpected !!09 Feb 2021 08:49
This will soon be £1,
Onwards & Up.
BOOM!!

He's going to say there are no orders yet! Zzzzzzzzzzzz!

Have a look at the RNS's tab above.....its pretty useful for news.

https://www.lse.co.uk/rns/ODX/mologic-ce-mark-rapid-antigen-test-rhn0fnsfw22jh78.html

Awesome thanks BigJock...

"Are these volumes based upon 1,2,3 shifts per day – 2 shifts"

So on a 2 shift 2m...that means on a 3 shift...3m. I suspect that a 3 shift may not be possible, however it would require more staff and there will be a need for cleaning, replacing parts etc. 2.5m may be possible with additional overtime!

Bring it on!

Kev1965...thats almost a ramp from you! Are you starting to believe???

....and Abingdon are presenting at Sharesoc on Weds late afternoon...interesting timing!! Tick Tock...

This is getting very exciting! We are on the cusp of glory!

All the talk of mortgage free....sounds great. However, with interest rates at their lowest holding debt is very cheap.

£100k mortgage might cost you c.£100 a month in interest on a capital repayment.
A £1k investment in ODX today has increased by.....c.£300.

OK, this doesn't happen all the time, and we are lucky/clever to have bought in at a much lower sp...granted. But, being mortgage free isn't necessarily the best ROI in the medium to long term imo. There are lots of opportunities to use that money more effectively and I wont be paying off my mortgage until the last monthly payment goes out....this isn't right for everyone and it depends on your circumstances/what your goals are etc. Personally I want to retire earlier so I can enjoy life. Covid-19 has certainly given lots of people a wake up call.

By the time the mortgage is done the share account will have increased by more than the cost of interest.

Each to their own...
GL All....

We have had the false dawns....now time to move into production and delivery.

40% is nothing....if you have the time to wait and hold you will be rewarded. If a company is valued at around £170m (mkt cap) and it is going to make £230m profit per year it is safe to say that we are undervalued......yes, there might be some dips and bumps in the road.

If people cant see the woods for the trees then be prepared to miss out on a proper rerate towards £5. It might take a months or a quarter to get there, but the fundamental forward looking thought process leads to only one route....rerate incoming.

I don't care about bumps in the road, as the trajectory is northwards.
GL genuine holders...

Hilarious comment, a few hundred thousand SNG treatments is not enough to stockpile the world...its a bit like ODX in that more than 1 supplier is needed, however SNG is different in that it has a strong patent...and they are far further ahead, also being included in trials with the FDA etc. I am biased as a SNG shareholder, but we are well ahead imo.

Great to hear more therapies are moving forward though. Bodes very well for SNG.

No comparison...

I did the opposite and put my ggp into ODX in Dec/Jan....looking good here,...ggp stiil a good investment imo. ODX should rerate qu6ucker though.

I think you will find we dont need a placing, and Walbrook and ODX have confirmed this in the last week.

You have ZERO chance of getting any of my shares...

Thanks takingiteasy...

I think the pount I am trying to make is that even if you take a pessimistic view and profits at a mere 50% and all the rtc product...little old ODX are worth £3 to £5....

I fully ageee that we are sitting on a goldmine and I think this could easily achieve £5-£7 quite quickly. If not more.

Many have deramped for weeks saying ODX is nothing without orders....well with this news the orders are here...how will they cope now??? Lol...

See you all tomorrow for the fireworks to start!!!

Persimmon,

Whats youd vies on what this could be worth per share...?

Turnover 2m x £1.50 x 52= £156m
Gross profit = £78m
Net profit??? Lets assume a punchy £5m (100 staff at 50k, lets add £3m for good measure)
That takes profit to £70m, just on covid tests (ignoring food doctor etc)...
Businesses are valued on future earnings.....and in pharma you can expect 8 and upto 14 x...

Lets assume this is at the lower end when you net to £70m 8x = £560m/180m = £3.11.
14x = £980m/189m = £5.44

Colin must have a plan to upscale further because the would will take all we can nake for years...no brainer.

It will be great to see how this unfolds..

Looking forward to tomorrow...

Been saying that for quite some time now...many thought I was ramping...

Yes, I want the sp to rerate, but at least it was with some substance...was great to see that validated by someone on Twitter last night. C.£250m profit vrs current c.120m mc!!!!!

I really do think this could 10 bag this year...5x is a dead cert in my mind.

I would love a large swathe of pi's to make some serious money here.

GL all...

So, EUA could come any time after the 28 days if proven to work.......we know it works so........$$$$$$$$$

Yes, but dont we only need say 100 or so in the uk? We dont know how many countries are progressing etc. 20 countries only need c.30 each to hit the 600....

Will the fda home trial be included in the 600???? Can you mix the p3 trial in with this? I am thinking this would save SNG a fortune in costs if the US govt ard supporting us???

Thoughts?

I haven't seen "ODX have achieved 900,000 tests this week" in any twitter posts or RNS but agree this is the roadmap....I can only presume this is correct given they are on track for 2m by April.

Kev1965...."and the price is down."

...my account is showing a profit on ODX so pretty sure you are taking a 1 day view....which is a bit narrow minded. Those that bought in last year and even January are well up. Plus there is plenty to look forward to.

What's your medium term view of ODX Kevin? Do you think the sp will be lower or higher in 3 months time?

I would be interested to hear your perspective....

The govt has confirmed they want 2m per day....thats 14m per week. ODX have a 25% offtake agreement in the current RTC.

If ODX have 25% of that they need a plan to get to 3.5m tests per week......I like the fact Colin is getting this to 2m tests per week. A great job and is company making...however he must have a plan to get to 3.5m as its a shoe in of an order.

I would be telling everyone 2m per week, but planning for 3.5m per week later in 2021, and working with the government to facilitate this further ramp up in production.

Now, that would be a big treat wouldn't it! What's everyone's thoughts?

cheers