Member Info for Harts

Didn’t realise you had sold any Gggg lol

Looking at the bid and ask at the time of trade I think a lot of them were sells hence the SP downturn. Hopefully they are starting to clear and more sticky hands will now take them.

Since when do you value a company equalling to their profit? A company's cash is one thing what about it's other assets like patents, buildings, equipment etc? When valuing a business you take all of that into consideration including liabilities like debt etc. Undervalued by 20% atm maybe but way more undervalued if the SP stays at this price and the company delivers 10 million tests a month!

I would agree with you however I would challenge that 1) no scientific proof of immunity against COVID once you’ve had it once, could get infected again. 2) the demand for testing worldwide is so high it dwarfs our 10 million a month so competitors are not an issue. We also will have a quicker and better test with the d-PCR in June and also we can sign OEM contracts to increase manufacturing capacity but still make profit off it.

You watch I reckon a retest of 350p or 4 euro and then a bounce back up towards £4 as orders are filled and panic sellers are finished. Seen it all before, just like when it dropped all the way to £2.80 and then all the way back up to £4.

How is it ramping madness .. from the RNS "In the four months to end of April 2020, the Group achieved an EBITDA margin in excess of 50% driven by the success of the COVID-19 test". So applying that at £10 a test to give £5 EBITDA and producing 10 million a tests a month that's £50 million a month EBITDA from June. So please barnet please tell me how that is excessive ramping? It's based on facts and production forecasts.

Gibbon go and look at the MINIMUM profit forecast for this year from the RNS, I'll save you the bother over 50% profit gives minimum £350 plus the £90m sales already so another £45 million giving just under £400 million profit for 2020. But here's the next bit they are diversifying and will also have revenue from mobile tests and a quicker direct to PCR test reducing the amount of reagents needed and you say a 200 million market cap is only going to increase by 25%, when the minimum profit forecast is £400 million for 2020 even before you have applied a P/E ratio. Covid and pandemics in general are here for now and the future. AZ have already said they expect a second and third wave of Covid as we approach flu season and winter. Think you need to go and look at the profit margins and do some research.

After what I believe was a big £230k delayed sell yesterday after hours someone is continuing to sell in 10,000 share chunks this morning. When done the SP should be released as MMs won't have a bountiful supply of shares to offload. I'm here for the long term so not too worried, probably be over 400 by the end of the day. Future revenue looks way higher than market cap so sit tight and you will be rewarded. New test coming in June and up to 10 million a month manufacturing capability.

Now up to 10 million from 8. £5 a test profit gives £50 million a month and £350 million till the end of the year in profit! Way above current market cap!

With PMO having large debt and oil hanging around at 30 dollars for the short term AA could buy their stake. But I don’t see PMO giving up on a gas asset like Tolmount unless we paid them handsomely. However if oil stays down at these levels PMO may have to sell some of their assets on the cheap but I would think it would be their oil assets not Tolmount. I don’t know much about Dana.

Popcorn ready, waiting for the show to begin ....

Is it just me or does the recent trading patterns seem similar to before the last acquisition, slow and steady uptick of the SP as though it was being held back and minimal rises even with POO increasing?

They need to make sure these results carry on at depth but yes it looks promising :)

25th May 2020 of course!

Hi Ian any chance you can you add me to the 25th of May please.

All the best

Harts

Can't understand why we haven't broken 900, unless we are being kept here to fill orders but surely just a waiting game and once resistance is broken there's a lot of gains to be had upwards. Great company, cash reserves and possible acquisitions in the future. Also to note the big move by the Saudi's to slash their discounts and bolster the oil market possibly signalling the price war is over and they expect increased demand for oil.

I've been watching this share quite a bit as the trades aren't hard to go through due to such low volumes. What I've seen is a 50k/100k share buyer who keeps buying on the lows and then selling off and the buying back in. The selling off is normally accompanied by small repeated sells of 10k/25k shares. However this time we saw a big print of 500k sell which may be due to increased volume. I'm a long term holder but frustrated by the SP action and now have a small pot on top of my long term where I copy this trader which has been very fruitful so far ...

Fundamentals are very good for the company but my patience is being tested. One thing to remember is all the directors did buy in at 20p just after the new year so shows how undervalued they think the company is at the moment. Hopefully Morocco demand isn't affected too much but great that SD has future expansion confirmed.

£100k sell yesterday caused MMs to drop the bid. They will keep doing so until a raft of buys holds up the SP. SP will probably mobe a bit down to consolidate before moving up again.

It is research as it’s researching possible reasons the SP hasn’t risen much in news flow and why it has been trading around 400. Yes it probably is quite easy to do but how many of us actually did it? I didn’t and had suspicions of someone selling but didn’t find out who it was and it what volume.

Great research again GGGG