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Goldilocks has to comment on every positive odx thread and bring av## into it. I love this guy who thinks it will be them lol. Govt is not going to wait for another TT
goldtrig: if you are invested in ODX why are crossing/deramping every positive spin people try to put on?
I am in both (ODX and AVCT) like few more here and looks like only you object :)
It looks like the admin of this forum is a shorter him/herself lol
For those that missed it and wonder where it's gone. I had it saved. "Good Morning,
The first point I would like to make is in reference to the link below:-
https://t.co/LKwJnImiBd?amp=1
"LFT's will be as common as Milk and Break"
Omega are now poised to enter a period of news which will allow the true fundamentals of the business to be captured. The business is now becoming a Military Operation (staff c250 whilst they assert themselves as one of the largest Diagnostics businesses in Europe).
Colin at al, have always been extremely conservative to the market, I am happy with this as it will enable true LTH's to benefit from a sustained rise over time as the story unfolds. I find it truly shocking for any shareholder, to call out Colin or any other Director considering you could have bought Omega 1 year ago for 7p. Simon Douglas has been granted options at 89p for a reason - because long term they believe this will be exceptional value for him (This bodes well for us)
A quick analysis of projections for this coming year:-
-U.K. Gov = 50% (£374m)
-ABC-19 = 10%
-CD4 = 5% (7 years to reach the milestone where they are and c65% margin) Colin King, CEO of Omega commented: “I am delighted to receive self-test approval in China which was a key
commercial objective for this year. This is another excellent reward for all the hard work put in by both our and our
partner’s teams in what has remained challenging times around the world.”
-Vistect Antigen = 35%
*BIG* = £750m-£1b revenue (Twitter comment remains correct)
M’cap = £163m (Step change will happen for SP)
I remain EXTREMELY bullish on the company going forward - please remember, whilst there are voids in news, doubt can set in and "white noise" can affect your judgement. The growth is all there for us to see above.
* A couple of pertinent points to be addressed*
Please can all Avacta holder's stop bombarding the board- I am happy that you are progressing and the SP reflects it...great news and well done but to come on here poisoning this board... just why guys? And to all Omega holders jumping on their board...please act like adults and stop.
My final point which is a really important one also - everybody filter JAdam... drown out his poison and lets get this board really upbeat and positive as we enter the next few weeks/months as holders."
Yur your test :)
ODX twitter admin is high ..again
or ..He wanted to buy a daughter for his horse.
All of this now adds up;
specially ODX employee stating he is working on AVCT LFT
Directors selling (can this be considered an insider?)
Saying that I am heavily invested in ODX(Avg is 30p) and not saying we won't make 3/4x in the next few months.
That explains why all those Innova contracts were published in the last few weeks ... I don't trust any of these politicians. It is such a shame, in all honesty, that we had to go to court to get justice
Everybody should tell your broker that they cannot borrow your ODX shares & set a sell order for £10.
You will see how quickly the price goes up.
Covid 19 LFT is going to be a big market. See my posts I called out GDR at 40p. All de-rampers attacked me including Idiot like (4uk). ODX is about to rocket now. load up. please DYOR. The government contract is a game-changer.
This could be the turning point for ODX and investors who buy it now may end up with superb gains over time.
There are indeed positive developments underway for ODX. The most obvious of them of course is the production of Covid-19 testing kits.
But even otherwise, it noted in its previous financial update that sales are expected to improve from next year
It also reported headway in its food intolerance business. Notably, it has received regulatory approval from China and expects significant growth opportunities in the country. It’s optimistic about the potential demand for its product in the US market as well.
On the positive side, ODX is well diversified. As I’ve mentioned, the company also specialises in HIV and food intolerance testing equipment. What’s more, it doesn’t focus on one country or one market. When demand for Covid-19 tests does fall, ODX can devote more resources to its other two departments. The good thing is that the Covid-19 tests will provide the company with a great deal more cash than it used to have. So, it will be in a better financial shape to operate after the end of the pandemic.
"The Food Intolerance business valuation at c.£60m
"Chinese NMPA approval for the Food Detective self-test in November 2020 is expected to drive long-term revenues..... this could be valued at £40-80m, with a value today of £30-60m"
"VISITECT CD4 is potentially capable of generating substantial revenues.....We believe that this could be valued at £55-85m, a value today of £45-70m."
£60m + £80m + £70m = £210M = £1.17+
So without any mention of Covid, they value the company somewhere between (£60m+£30m+£45m) or £135m (75p per share) and (£60m +£80m+£85m) or £225m (£1.25 per share this is without Covid tests)
2M x £2 x 52 = £208M +(SSP £1.15)+£1.25 = £2.4
2M x £3 x 52 = £312M
2M x £4 x 52 = £416M
2M x £5 x 52 = £520M
2M x £6 x 52 = £624M
As per interview ramp up to 2.5m to 3m – this will give extra capacity to sell to private companies (airlines, schools, workplace & hospitals and overseas)
https://www.youtube.com/watch?v=7g8Kf_2wtrg
People are saying what is ODX gonna do when the pandemics is over. The testing is going to continue for many years because the governments cannot afford another pandemic and locking down the economy.
If the Covid testing business stops. The Profits could be reinvested to acquire new businesses.
Defo $8 i can see.
Could be us then
BigLeighMj ---you are funny. Don't just filter people if you don't like their opinion.
I am only trying to pitch in a different idea. Different ideas give dimension.
I like the way Grant explained and I am aware this is a good new for ODX anyway but would have been happier to take a full bite of 942 rather than sharing across.
Well not sure if this is positive ...sounds more like Apple assembling Windows laptop.
AVCT would benefit many folds due to this than ODX as found out in SP today.
Would be keen to hear what MerchantBank has to say
Merchantbanker - Thanks for your prompt and polite response.
I see what you are trying to suggest but somehow I feel ...Anyhow I should not let shorters pick a point.
Long term holder here.
I don't blame gov completely here so many glaring mistakes from ODX:
- wrong type testing
- Not pushing enough for the right test
- enjoying holiday when the time for action
- No updates\news to stop MM
Well I understand with what you said and if this is the case ...shame on ODX to shut down and go on such a long break when this couple be once in a lifetime opportunity for many working\investing for ODX
Simply amazing and shocking...this gov is so useless. still ordering everything from China.
Why not use a local product to help economy