Member Info for GreggsStottie

The plan is in place, they just need to confirm it and give the market the info they need to re-rate us.

The 19th July is IMO set in stone, however we will (and I hope this is the case) that we will continue to have to wear face masks in shops etc for some time. Personally, I think it is pointless outside unless you are literally snogging someone. We perhaps need to be more careful when it comes to large scale events.

I don't really feel that much of my civil liberties are being taken away. We are pretty much back towards normal with a few tweaks...only difference is that everything appears to be 20% more expensive!

GL holders....

Once home use is approved I fully expect a re-rate.

They have to be producing for the govt under the NDA...."cassetting" they call it!
Are they also stockpiling the Visitect Antigen on the basis they fully expect approvals in EU, FDA etc?

Remember globally there is a shortage of diagnostic tests and so given the results of our Visitect Antigen (Belfast Uni data announced this week) we should start to move.

How long that takes is anyone's guess, but I am happy to hold for £3-£5 in the medium term.

Boris needs some good news to shout about....we cant be far off approval for home use.

All IMO, but if I had more dosh I would be accumulating.

https://explore-education-statistics.service.gov.uk/find-statistics/school-pupils-and-their-characteristics

There are 8.9m children in school (4.6M Primary and 3.5M Secondary)

Certainly enough to have to rely on up-scaling our indigenous diagnostics capability.

Courtesy of NeilRich7...

DenmarkToday 18:43
The Danes, with a population of 5.8 million, have a daily testing capacity of 500,000 antigen tests and 200,000 PCR tests. Danes go for regular tests and use negative results to access bars, restaurants and, yes, football stadiums.

https://www.rte.ie/news/primetime/2021/0622/1230778-denmark-ireland-euro-2020-covid-reopening.

Should the UK wish to match Denmark in terms of testing, we require approximately 6 million LFT per day and 2.4 million PCR

Its a case of it is happening, but we just don't know when...hopefully soon!!!

It is frustrating Gecko but the PGM's in the ground have not changed, and we are progressing the sale (we think part sale and then carry on with Rosgeo JV). Only the SP has changed....

I see this as a great opportunity to buy more shares. Especially since some big well funded investment companies have recently bought in at 29p and 25p.

So, on balance I am chilled. I don't like seeing the impact on my portfolio....but that's life. I just need to suck it up and wait for the impending sale to reverse that. Its coming. I don't know when, and thankfully I don't need the money just yet.

If you believe in the investment case then you will be more chilled. If you bought in at 2-3p you will still be very chilled.

It really does depend on your situation and how much you need to cash in or not as the case may be...

Filters on tab above then type the posters?name in gen filter.

They are only taking up the 1st £5.6m not the remaining 90% of available CLN's.

Newboy58 - He has 873,272 shares according to the directors deals tab at the top of this page.....and he bought last year at 53p.

Not sure how you can ask "how does hew have skin in the game?"

I think the point is in 2019 they turned over £37m and have just been sold for £400m.

We will likely turnover multiples of that £37m and we are currently valued at or around £113m.

You have to think that there is a value to be had with ODX in the medium term....

I am all for opinions JAdam, but your comments on the relevance does seem a bit out there ......do you see my point?

Yes, perhaps this report in July will be average, however I am more interested in the future reports HY to Sept etc which will tell us much more. Like I said, I am not here for 2 minutes....or 2 days..

With the innove info coming to market I think there will be a squeeze on capacity vrs requirements and we will sell all we make. This means a sensible valuation of £500m in my mind.

I get your point, but I think the reports will tell us how strong they are performing. The annual report will give us hints as to future performance and that should tell us how the markets are likely to value that.....I think they are undervalued given the future potential. £500m mkt cap is where I see this going in the next 12 months.

Innova woes mean there will be a squeeze on testing kit supply, which in turn could push prices up..

We will see....

Full year results should be in mid July.....

https://www.omegadiagnostics.com/Investor-Relations/Corporate-Governance

This gives a good synopsis of the qualities of our BOD....we are in safe hands imo.....

We all have our own strategies in investing.....good luck to all.

Personally, I am here for a longer time frame and I hope to get the best returns as a result. To me it matters not what happens to the sp today, yesterday or on Monday. I am more interested in the results in financial reports the company have to adhere to. This will tell us how well they are doing. I have a fair chunk in here and on balance it is likely to go up in the medium term.

A far better investment than any bank.

Its about time we had a bit of luck Craig!!! Onwards and upwards!

EUA for the innova test ends 21st June anyway...this is the final nail in the coffin for them....time for ODX to shine...

Yes would be great. £374m is around 500,000 tests per week of our 2m capacity at £5 a test. 1m at £2.50...facts not currently in the public domain.

£561m equates to 700,000 or 1.4m of the capacity...

I think they are already stockpiling so revenue will be coming in fast and thick. All subject to nda's.

I am waiting to find out if it is true or not - was it confirmed as fake by our broker or ODX?

Roly12, I read it in a research note. Have a look on the internet, and you will find it.

Have a read of more recent RNS's/info on updated Chinese contracts for food intolerance testing and you will see why there is value here.

The £561m contract should be notified within 10 days I believe....4th June on Bidstats so Monday? Either way its coming.

Regulator is more in tune with the rules that gov't (bidstats) tenders need to be confirmed by.....

Those not invested, nor researched don't know that we already have a food allergy product and aids testing valued at 60p per share.

With government contracts upwards of £374 m to £561 m to come over 3 years and a sensible PE I see a mkt cap of £500m arriving at some point this year.

FJones40 - you have only been burnt if you sold low after buying high. Anyone getting in over the last 2 years will be handsomely rewarded with a bit of patience. Get a grip fella....

ODX have told us they are cassetting for the govt contract so it will come in time....so just wait it out and it will come.

I expect £2.00 to £5.00 over the coming 2 years...a 7 bagger from here.

Not unless NCYT decide to purchase a company already in that space and ready to go with approvals! Do you know anyone who is well placed? :-)

Surescreen, ODX.....to name 2.