The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
...Dont worry yourself...
YGEN are set up nicely. Why would the govt. give them 3 testing contracts spanning years if there was a problem?
You have powder dry or something?
Pick the phone up...
OMG BETTER SELL THEN.
Clarigene test is an extracted molecular test, not LFT. It already has CE-IVD accreditation so is likely exempt through previous declaration of conformity.
But rather than get your knickers in a twist worrying about it why dont you pick up the phone and find out?
I'm sure Boots/Lloyds/MHC/Govt did.
Threeskins,
Even if we just accept Covid common respiratory disease and learn to live with it i think critical businesses will still need to carry out PCR testing, don't you?
If you dont PCR test your employees regularly you risk the shutting down of whole departments.
Whilst some may consider Covid a mild disease it is still highly transmissible and quite capable of causing severe illness and/or confining you to bed for 7 days.
PCR is used extensively in the UK film industry, the NHS and the Govt. It isn't going anywhere, anytime soon.
If you want to prevent transmission you choose PCR. It picks up positivity before symptoms occur.
If you test regularly every 2 to 3 days with PCR and can get the results <12hours you can prevent onward transmission very effectively.
LFTs in my experience only show positivity when you are pretty sure from symptoms you've got Covid anyway. At that stage you have likely passed it on to many others.
Jamrock,
When my partner tested PCR +ve Monday 20th December she only showed positive on the LFT tests we did 48 hours after that when symptoms started appearing. It shocked me tbh.
PCR tests are obviously great at detecting minute levels of the virus so can be used to prevent further transmission quite effectively.
They are currently used in the film industry, testing everyone twice weekly with results obtained in <12 hours.
Hydrogen Energy Market momentum building very nicely here.
"Chesterfield Special Cylinders (CSC) delivered revenue of approximately £18.6 million (2020: £11.2 million) and is expected to report an adjusted operating profit1 of c.£2.5 million (2020: £0.1 million loss)."
All in all a nice set of results, current market conditions considered.
Hoping for some Hydrogen storage contract announcements now after the COP26 dust has settled.
And to know who bought 14% of PRES a few days ago.
ATB
Johnson Matthey pulls out of Battery sector to focus on Hydrogen.
https://www.theguardian.com/environment/2021/nov/11/blow-to-uk-battery-industry-hopes-as-johnson-matthey-halts-research
Interesting as there are only a few companies worldwide that offer Hydrogen storage solutions at scale.
PRES are one of those companies and have a fully scalable H2 storage solution.
I expect more Hydrogen related contract news in the short to medium term.
GLA
Back in @80p.
Hydrogen starting to take off and COP26 mandating methane capture/processing vs venting/flaring could benefit PRES's order book.
The £7.5M fundraise was nearly a year ago. I hope there'll be a trading update on final results and how the Hydrogen strategy has progressed soon.
I wonder which II took the 14% @78p. Should be an RNS or two in the next few days.
GLA
I highly recommend finding a decent chart pattern site if you wish to trade regularly.
You can find patterns like the triangle and breakouts quite easily, then look to buy along the hypoteneuse of such triangles, or for these patterns forming near historic lows.
Triangles are great patterns and TRX has a rather large one, although the fact it has broken out recently from that pattern may indicate a move much lower.
But at the end of the day you pays your money and you takes your chances...
gl
I've traded it and made some decent returns since the first ascendng triangle formed on 1st Feb 2021.
I've bought a million at 0.61 I'll be buying more if it dips to the 0.5s.
Whilst this approach is great you do risk missing out on a sudden rerate which has happened to me in the past.
Unfortunately, buying low and selling into any rises the only way of making money in these markets presently.
Price hovering around 200day sma 0.63, i've bought a few £k more and will continue if it drops further.
A nice buying opportunity imo. 44M mcap is low for such a company with clearly in demand products..
There has been a nice ascending triangle pattern developing up to 0.72 so i regard anything lower, especially if near or below 200day sma as a relative bargain.
https://www.propatterns.co.uk/candlestick/tissue_regenix_group_plc_rx.php