Member Info for John2015

Last trading day of the month ? Markets speculating wildly on vaccine fears ( what too many ? ) Fed not providing enough stimulus or positive outlook ? One or all of these ? Negative FT Articles or "expert comment" ? Legal Cases ?
MM's dream and usual nonsense - the fundamentals are good enough for me. I'm sticking.

may not get back to open but most days after milking the market MM's push the sp back to a place where they make a nice %.

Excellent results but sp down on the news ?
Ludicrous IMO topped up and happy to wait while the MM's muck about.
The value is here for all to see and IMO this is a time to buy not to sell. If it doesn't bounce today, which I think it will, it will very soon as more and more positive news rolls in.
The financial results alone are more than enough without all the orders and new products coming very soon.
As always DYOR - I'm happy to bu more and wait.

What’s not to like ?

Highlights



· Revenue for the full year of 2020 increased by over 20x to €311.6 million (£277.0 million) compared to €13.1 million (£11.5 million) for the full year of 2019

· Revenue of €239.2 million (£213.7 million) delivered in H2 2020 compared to €72.4 million (£63.3 million) in H1 2020

· Gross margin for the full year above 80%

· EBITDA profitability for the full year above €210 million (£187 million), with H2 2020 EBITDA above €161 million (£143 million) compared to €49.4 million (£43 million) in H1 2020

· The Company's cash position at 31 December 2020 was €101 million (£91.8 million), compared to €1.8 million (£1.6 million) at 31 December 2019 and €19.7 million (£18.0 million) at 30 June 2020

· Investment in pipeline of next generation COVID-19 tests to address evolving clinical needs

· Acquisition of IT-IS International, a profitable diagnostic instrument development and manufacturing company, in line with strategy

As always DYOR GLA

Massive increase in turnover, profit and cash in hand.
What’s not to like ? It’s a strong buy from me topped up twice under 10.00 today while I can.
As always DYOR - GLA.

Two sheds same here just added another 200 at 9.20 while they're cheap

So how is the bid at 60p or sp at 61p down 4.50 ?
Sadly HL value on the bid - being down 4.5p is bad enough after the last couple of days but 6p is worse, rant over.

Same here Headgehog - watched it from IPO & bought the rise - what a mistake to make.

SP down 15.50 = -13.19% Do you get the feeling the market is punishing ABDX just a bit ?

of so much positive press, as linked in other posts below, that an FT article and consequently the (until then sub judice ) Good Law Project case appear the very next day after Covid Stocks hit recent highs ?
How convenient for those shorting, or maybe some large player on the Financial Markets.
Am I getting cynical and paranoid in my old age or is this just too convenient (for somebody) to be a pure coincidence.
What do you all think ?

One thing is absolutely clear- in an attempt ( possibly well meant but undoubtedly dubious, at best ) the government, in setting up ABDX, apparently insisting on NDA's, trying to short cut the process to procurement, has achieved exactly the opposite.
Shambolic would be a kind description, other words like inept and corrupt spring readily to mind - especially for groups like GLP. This has trashed ABDX, NCYT, ODX and (temporarily) GDR, although probably all will recover. More importantly like many other areas of governmental effort it has exposed our leaders for the clowns they are and most importantly of all, it has hampered efforts to deal with the pandemic.
Hopefully this will be dealt with rapidly and we will move on but sadly it’s all to typical.
Unbelievably bad doesn't begin to describe this appalling c*ck up.

Captain Stanley - I would imagine that's the very least Abingdon could do.
Seems to me whoever wrote the their RNS should be looking for another job by now.

Regulator - in general agreement but nevertheless another almighty c*ckup by the government who seem unable to organise the proverbial drinking event.
Cost lots of people and several companies a great deal of money today - which may be ( should be recovered - after the last couple of crazy days ) but damage to various reputations considerably harder to restore IMO. What were ABDX thinking off ?

Absolutely - never seen anything so shambolic - somebody should be looking for a new job tomorrow.
The effect here, at ODX and NCYT has wiped millions off the companies mcaps and our share values.
Yet another gigantic c*ckup by this inept government.

Same on ODX wtf ?

What did the FT say ?

Now 61 Bid 62 Ask

HL SHOWING 70 Bid 71 Ask - no apparent reason ?

If you needed confirmation that this bod are in cahoots with TB and PR you only need this non operational, sp depressing RNS to confirm it.
These guys are to honesty and decency what Dracula is to a blood bank IMO.
They only know how to make money for them selves and have no interest in increasing shareholder value as recent actions demonstrated. Do the right thing and vote this down.

Waiting to see if there are lots of late reported large ( II ? ) buys - picked up on the cheap while the sp is down ( here and every other covid stock except ABDX ) after opening up and then falling into the red, against all expectations of a good rise here and on other stocks today.