I am absolutely disgusted at the comments made about Graham Mullis today on this site. If it was not for his foresight we would not be in this position. His statement was a honest appraisal of a fantastic company. Don't forget he is a shareholder also so has lost 25 per cent this week. I don't think he is too concerned unlike the short term traders. I have not made profit but do not moan everytime the sp falls. Plenty of good things to look forward too. The sp will start to bounce back next week.
The figures are great but list in the uncertainty of the DHSC Contract and future earnings in to 2022. Testing was only ramped up in q4 so we are building up to full steam ahead.
It is definitely worth holding as every month we the revenue is 50 million plus let's say with 75 per cent margin. The market will start realising that once the shake out is finished and also broker updates hit in the next few weeks. Lth have said it takes 2 to 3 weeks for the sp to react and it is just a case of holding firm. Just think at the end of the year we could have 500 million plus in the bank. We are in a real sweet spot and it is up to GM to stop playing it down and increase shareholder value ie a takeover, Nasdaq listing and RNS on every contract over 20 million.
Totally agree we should welcome new investors and not alienate them regardless of which point they joined the party. I would strongly recommend any new investors to read Shaun P's research which is above and beyond anything a equity analyst would produce. This will give you confidence to hold for the long term and see the true potential. If posters are feeling angry just think of CS over on Avacta that will bring a smile to your face.
Thanks RHatton that seems very acceptable. The market is obviously concerned about their trading losses and original owners selling their holdings. Still the sp seems reasonable especially given all the new clients they have taken on board last year.
If there is a positive dhsc mention in the update this will definitely propel the stock. I would love to see a note saying they are also considering a listing on Nasdaq. I was thinking whether to sell a few on Monday just in case the sp takes a nosedive but am going to hold on and increase my time horizon. GLA