Fundamentals22 Feb 2022 12:03
Not really a surprise surely given the announcement that Covid testing is being all but stopped completely and many on here are still riding that train. The fact that the train never really left the station and when it did, driver Lyn was late is a matter of record. That said;
a) We have generated exceptional (one-off) revenues which have been announced and will be shown in the results
b) Let us not forget that, unlike MHC to a degree, YGEN is NOT now and, since the early NIPT days, never has been, a one-trick pony. We are breaking new ground on a number of products especially in the States.
c) Due to the Covid mania, the real long term value of the stock has been overlooked and so, once again.....
d) It's a patient long term hold!!
I know it's galling for many of my fellow LTH's and I fully share that feeling, together with a concern that Lyn has over-staffed on the back of Covid testing so there are still significant hurdles to get over but, overall, I believe that once the Covid dust has settled, this will gradually return to higher levels on Fundamentals and not on a one-off pandemic.
Those who are brave now and either hold or invest more at these levels will, imho, benefit hugely long term. In either case, GLA!