Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The day of the placing it was £3 and then dropped to £1.50 before closing at around £2. It was always going to drop from then onwards after an 80p placing was give . Had I of known better than I would have been long gone at £2
Who remembers the good old days? I remember on the morning of the disaster 80p placing I had enough profit to buy a house. 20p to £3 in a few months. Lots of empty promises regarding covid soon changed that though. Hopefully the company comes good as they seem to be doing great things. Good luck everyone and don’t listen to everything you read on here.
Do you still have your full holding Jay?
Hi tiger, trust me I’m far from a pro at this game but I have seen how it works these last few years, especially with GDR. Here is my take on things. And to be clear I’m not a de-ramper and have a lot of respect for the company along with Mr budd who I have shared comms with on several occasions.
Monday I do think there will be a rise, might push 100% but very unlikely, 100% would still only see 65p, lots of people under water still but also lots of people in big profit. We seen this at the last big rise when POC got CE mark
Will new investors look at genedrive at 60p (60m cap) and think it a good investment? Personally I do not think so, yes they have a great product but the reality is for the next 12 month it won’t generate much, 5m max.
We then have results coming up, if no news before then it will drop well back on this day, we all know there is no sales to report on the last financial 6 months but that won’t stop it.
The hope after that is the company starts to sell POC. My worry is they will not sell enough units (2k each I believe) to generate the multi millions people expect. Because of this I would imagine it will start to drop back in to the 20s.
Fast forward 12 months and news of European sales there might be about big day like Friday. The worry is they only have cash to end of October (this was in the last end year results) so will need to raise again if they want FDA (unless POC comes through)
Almost 2 years ago my 40k investment was worth close to half a million. I didn’t sell as was to wrapped up in talk of NYCT etc. i did get out at 70p though and still hold a small holding so am very much routing for them to come good.
All I would say is though, if it ever does hit £1 I would be well gone as I’m sure so many on here would be, regardless of what they say, I have seen them all before, big bench, st topaz etc. they come and go.
My only advice to anyone is do not get greedy and bank profit because today budd is a hero but at some point in the next week or two he will be useless again in the eyes of 90% who post here.
To be fair Jim when we started this journey we were never told America was the only/main target. India and I’m sure Africa were also our main targets due to our test being able to be frozen in transport. We had excuses why we couldn’t sell to them and then the FDA excuse. The goal post was often being moved by Budd
I was a lucky one who got in at 25p March 2020 so have done well. Not as well as I could have mind you. I hope you are right but I’m happy with my outcome. Good luck
Rare,
Totally agree with you but have to draw the line somewhere. Only wanted 50p so happy enough. No more waking up at 7am check for an RNS lol
As I said, very small company with a tiny team. They have achieved some pretty good stuff. Could have been better of course but they didn’t make me hold when I could have sold at £2.50 when the company was seriously over valued through no fault of their own.
What’s really sad is you popping up every other day the last year when you are not invested!
Finally sold my last holding today. Been a very long 18 months. Seen lots of people come and go and a few still here from when I first joined. Made some very good money last year when I sold a chunk but greed and listening to the rampers after the placing cost me mega money. This was my first Share ever so I was a newbie, no ones fault but my own.
Been a painful year or so watching this and how it’s performed But a life line has well and truly be thrown today. I always had my target to get out and was lucky enough to get a good bit over it today. I have learned this can go up or down very very quickly so didn’t want to take my chances and be greedy again.
I have never laid any blame at the company for the lack of performance over the last 18 months. They are a small company with a tiny team achieving amazing things, they never asked for covid or for people to paying£3 a share back at the heights last year. We buy we sell no one makes us. Genuinely wish them well which in turn will do you all well.
I think today is great news and I really hope all LTH do well out of this but remember to not be to greedy, we have seen it all before, this is the 4th big rise now I believe.
A quick note to any newbie, people ramping or deramping haven’t got a clue!! One of them will of course will always be right lol and claim to be top boy. The simple truth is no one knows what’s going to happen. If this drops tomorrow the rampers will be gone just like today the derampers were no where to be seen.
I hope for all LTH budd delivery’s this time. I do think you will all see a much higher level than today probably tomorrow now I’m out lol but I do worry how this amazing POC test will actually fit in to society. There is 100% a place for it but not sure on a mass level, football grounds, airports will be impossible.
Good luck all, don’t be greedy and enjoy the ride I’m sure the next few days will bring.
Don’t get greedy jay, been a long 18 months
But are you still bashing your own investment daily? Warning people against it? I think a lot are in the same boat and some of the ramping is pretty ridiculous but why keep running down your own investment. It’s baffling
They has been bad mouthing this from higher than £1, claiming to hold and predicting daily it will drop. Fair play they were right yet never sold a single share even though they knew it would drop and keep dropping.
Now we have gone from 17p to 50p in little over a week they are still trying their best to bash it. What true investor in their right mind would do this?
Not sell even though they told the world daily for months it’s going to drop, it’s going to drop, it’s going to drop. And now still trying to put off new investors all the while claiming to hold.
They either haven’t a clue or is just outright lying. My bet is they are lying and has their own agenda. Their behaviour simple doesn’t add up.
Make your own mind up but I would be careful to listen to anything they says. Why listen to someone who doesn’t even trust their own advice, because if they actually hold would have sold out months ago or at least be positive we are back on the move.
Silky,
It was 10 days from Monday past so any day next week really. Also plenty of other news could land next week or even In trade today.
If I sold the last time it was at £2 I would be sending this message from my holiday hone in Dubai lol. You live and learn. Greed won’t take over this time but I think it’s still got some decent legs over the next week or two
Lol I’m the same, need to make something to make it worth while
Are you still in jay? I thought you would have collected a run after the 18 months we have had lol
Lots of tools posting today. It’s been painful.
Lots of ramping/ deramping as you would expect, They may not be the best at selling. marketing or communication but for such a small team they need a shout out for what they have achieved.
Whether you make or lose money is down to the time you buy and sell. The business has no control over that but you can’t fault the work they have done with this product, it looks pretty special.
It’s like being back in first year today!
However I’m now convinced Jace has an ulterior motive. No one in their right mind says for half a year (or more) that their investment is going to sink and not sell and then when it starts to rally they he says anything negative he can to put people off. I think he must have sold at 17p.
I have to say I share his frustration and he was right all along (why he didn’t listen to his own advise though is a little odd) but now we have some potential, small potential he’s still kicking his investment in the nuts.
He’s either rich and doesn’t care, stupid or not even invested but definitely annoying.
Obviously a risk Lloyd but the IIs just parted with 6m at 25p so they must have seen a good return coming or why pump so much in. Wouldn’t take a genius to work out we were going to fall to place price once announced. Good luck anywsy.