Member Info for Kong1

Is anybody going to the presentation or whether we will get to know what has been said ?

Well that suprised me after the release of news , thought it would have gone up quite abit.

Just goes to show

Countries have borders closed and don’t want airlines bringing in people that have the virus, that’s how it all spread in the first place. Governments, airlines and economy’s Are in serious finiancial trouble and all are wanting to get things moving again.
Governments whether we like it or not will insist all staff and passengers on each plane will be tested before each flight.
If avacta get this test approved, then possibly all of the above will and could be a real possibility, along with other scenoirios.
The key is Avacta being the first in the world to create such a test, that is administered quickly and easily, with results in just a few minutes. And approved by the WHO.
If and a big if, bingo Every shareholders lives here quite possibly could change

So looking into the final RNS of the day posted by the CEO, I notice 4 major points of interest.

The first is the heavily over subscribed subscription, Instituitions must have been given a mouth watering look into the potential of the company.
with the curent climate how it is, companies are tightening up their belts and reluctant to give away money in uncertain times. So to get given more money than they anticipated speaks volume in my book.
Secondly. The company has a number of products that seem to have good potential, and are wanting to ACCELERATE these products. and accelerate is the word that they used !
To me they want to push these products forward quicker. !
Now to the CORVID test they have developed. They want £10 million !! to RAPIDILY expand this product, which tells me they are confident and want to manufacture it fast. £10 million will be enough to see them to the revenue side as this will come quickly.
Thirdly, Substantial US invester, !!!!
This is very strategic IMHO, in that by having this invester on board it may be a way into the US via the backdoor or and the invester may have the right distribution already in place.

Fourthly please find below the CEOs comment as in the RNS

The Board anticipates strong near-term news flow relating to the COVID-19 test developments with Cytiva and Adeptrix, as well as commercial and technical progress in the established therapeutic and diagnostics businesses, allowing the Company to concurrently achieve multiple value inflection points that we expect will deliver substantial shareholder returns. I look forward to updating the market on our continued progress."

So as the CEO points out, we shall have very strong news flow very very shortly, that will deliver very strong shareholder returns,
To me, that indicates that the share price is going to rise significantly in the near term, and looking into the future, potential dividends if vast amounts of profits are made, but the latter is guess work and crystal ball

I did thank you metis

So, just my thoughts on many potentials !

Not sure if anyone has thought of this, but ! With every country in the world closing its borders in an attempt to stop the spread, the AIRLINE INDUSTRY has been devestated. If this test will give results in minutes, would you not think airlines would impose these tests before you board a flight ?
If this was mandatory to do, how many tests would be needed daily around the world ?
I hope i`m not ramping, and not meaning to, but its frietening to think it could be mandatory with all aviation authoritys !!!!

Could Avacta make enough ????????

Metis the post i put up is doenloaded from the companys own RNS !!!!!!

As previously announced, Avacta has entered into an exclusive global distribution agreement with Medusa19 Limited ("Medusa19") for direct-to-consumer sales of its newly developed saliva-based rapid test for the COVID-19 antigen, subject to regulatory approvals. A short time prior to this the Company announced its partnership with Cytiva (formerly GE Healthcare Life Sciences) to develop an Affimer®-based point-of-care rapid antigen test (in the form of a simple test strip), to indicate whether a person has the COVID-19 infection. The test is intended to give a result within minutes and is for use by both healthcare professionals and consumers.

now how i`m looking into this, is that the company has made the test kits ! and proven it works !, and all they are waiting for is the regulartiry approval ?
Does everyone agree with this ?
if so, once announced, surely the sp should ramp up dramatically ?

We are in unchartered terroritry
All figures are before this virus ****.
I am getting very worried not about just about shares, but WTF is going to happen to daily life and money coming into the household if we go on lockdown.
How am I going to pay for food and how do you get it. Delivery service quoting 2 weeks now !!!!
Not sure where this share is going or any shares to be honest. But apart from the daily spikes it’s not going far and possibly even further down with more bad news

Aviva dosent have huge cash mountains, they have only just over 1x divi payout
And with all cancellations of holidays and planes and with lock downs and shop closes etc, I’m not sure of the impact to insurance companies.
So with all the news of closed borders and more cases I’m suspecting more volatile share movements this coming week.
Not looking good

The dividend has already been declared and will be paid out in June to shareholders on the register on the 23rd of April I believe.
However I’m not sure as this virus has taken the world by storm whether this will effect Aviva in payouts to policy’s affected by the virus.
If so aviva May potentially have some huge amounts of money to find. Whether they can back track and cancel the dividend that I’m not sure, but I suppose anything is possible .
I’m switching my investing of monthly funds away from Aviva to another company until all becomes clear

With all these cancellations, how much money is aviva going to have to pay out. This could be catrostrophic for them.
Next dividend could be slashed big time !!

Is there any updates of any description as to whether there been any illegal wrong doing

I notice a large amount of advertising on Facebook today

The bit that sticks in my teeth and that is very questionable is the fact Koovs posted an RNS on the 18th November stating it has enough money to last until the end of December, but only 3 weeks later on the 10th of December brought in the administrators .
This is surely is culpable?

I’m sure this has been thought of, but I notice today having looked at previous RNS that on the 18th November a statement by Koovs announcers that they have £2.2milliion in the bank and have enough to last until the end of the current year.
But only 3 weeks later they put the company into administration !!!
I had decided to allow up to xmas at the latest and if funding hadn’t arrived then sold at a loss, but I would have still got some of my money back !
Now I think I herd on here somewhere that Koovs in the past had a cash burn of £750,000 per month when times were lean and as indicated in the RNS Koovs were going. To cut back on spending to allow maximum time to find backing.
On this alone there are some serious questions on what Ali has done legally.

Does anyone have email addresses to send an email to or does it have to be by post

Do you think this was planned for some time, and Ali upped the spending and advertising so that when he took over the company, it should have been operating at its highest level possibly ever !!

I see Koovs advertising hard on Facebook today !!!

Yes spikey reading your post sums it up pretty good