Member Info for loskins

Initial hearing set for next Tuesday.
https://drive.google.com/file/d/1a7eIGXVmlGaRA5frUpa6k96JfLXd0K4y/view

Lol..Sorry Pokerchips.....that came out wrong, I'm the disgruntled shareholder but I dare say I'm not the only one...a 500% rise would get Loop back to were they were just before the dreaded TU in Nov 2020...wishful thinking.....Yes....but definitely plausible

No..No..No..not.. pokerchips just a disgruntled shareholder who bought in after the crash late last year and has continued to lose money thereafter..hopefully the tide will turn one day..still believe Loop has a future though it would be nice to see the directors dig their hands into their pockets and buy a few shares..but maybe there is a good reason why they haven't ??

Well ABDX finally turned a corner for me this week allowing me to skim off some of the profit to pump more into LOOP, really do believe this stock is considerable undervalued compared to its peers and the traction gained from the transformation into cloud telephony. I've always believed there is a predator in the mist looking to seize loop's IP and assets but I would be quite happy to see the company continue to grow. At £20m market cap with £12m(?) in the bank in a growing sector surely this presents itself as speculative punt even for the most risk adverse investor. Downside 15-20%. Upside 400-500% in the next year!

Senator Boomtime - name is quite apt then !

Still in the red unfortunately but it's great to see ABDX finally come good after a few horrendous months, the BioSURE test is eligible for home use so a big plus on the lab based Thriva/Roche test the government are intending on using. Still way below the discounted IPO value of 96p so plenty more to come...I'm looking at £2.50 early 2022 after GLP case is dismissed.

Ironically I bought my 1st tranche of ADBX at £1 believing at the time that it was considerably undervalued compared to its peers, knowing all along about the ongoing allegations against the company by the GLP and the cancelation of the DHSC contract. I'm annoyed I got it so wrong but then again I should have known better as I have seen this happen so many times before to stocks. Once the market smells blood it can be entirely ruthless, now hope that old adage rings true "buy when there is blood in the streets"

I wouldn't be at all surprised if GAH hadn't already cast their eye over ABDX, nice fit for their expanding portfolio. Though I would be surprised to see existing shareholders sell out below the IPO price of 96p. The arbitration with GLP/DHSC was already in the public domain way before the IPO in December consequently as amazing as it sounds discounting IPO value of the company ?

https://inews.co.uk/news/government-124-million-contract-home-antibody-test-kits-vaccine-uptake-low-young-1129382

Start up Thriva with asset value of less than a million according to companies house nip into Abingdon's specialist marketplace and pinch a huge slice of the pie. Individual tests sold on their website for £65 with lab based results three days after posting off samples. Looks like its the Roche test so UK government using an UK agent to sell a Swiss based Pharma product. Hardly a glowing endorsement for UK diagnostics.

Great post grl1990, that's the entire reason why I'm staying put, GLP have so many cases ongoing I'd like to think this is one of their weaker objections against the Government. It seems so wrong that they use crowdfunding to raise the cash to destroy the reputation of a perfectly sound company who stepped into the breach when needed, dropped all ongoing work to help the country combat Covid and this is how they have been repaid. Best in class antibody test developed by a consortium of leading academics and scientists now tarnished and unlikely to receive orders for until the court case has concluded . Spent millions on upscaling manufacturing capability only to go unused with the government continuing to import rubbish from China It's a total travesty and theirs no way the tories will be getting my vote in the future.

This is on par to becoming my worst investment decision ever, seems the future of antibody testing for Covid is dead in the water. To lose 75% of the value of company in just 8 months is truly shocking. I've averaged down many times only to throw good money after bad. I just cant face buying anymore even though I feel Abingdon have been sucker punched by the DHSC and the GLP...there could be some serious value here if only the current situation turned to their advantage..but that's unlikely to happen in the short term..so disapointed that I got this so wrong, I really did believe this company had the brightest of futures..I cant consolidate the loss by selling up I'm just living in hope something dramatic happens to turn sentiment because its at rock bottom at present.

but it still keeps dropping, who is selling at these prices...can't think which one of my stocks is worse this or the other perennial basketcase ABDX..2021 has ben a tough market so far

Excellent find Muck165..hopefully GLP will fail to get their papers in on time like last time out..1st key date 15th Sept

Buy US Life sciences and diagnostics company Biovision for £244m, company has asset value of £15.7m. On those terms alone Abingdon are so undervalued.

Woodstock - I've been in this stock for over two years so I think I'm entitled to pass comment on what I believe is happening here..I suspect RG selling out followed by placing of 2-3m between 1.5p - 1.80p..

Will 1.5p hold, looks like RG is selling again

not sure if this already been posted but it seems GLP are struggling with their workload as they lose out on PPE case against the government..
https://www.lawgazette.co.uk/law/good-law-projects-ppe-claim-fails-after-service-blunder/5109087.article

RileyBates - Feeling exactly the same way, my only hope now is that it becomes a takeover target..H1 revenue disapointing..back in the bottom draw she goes !!

Agreed, though I think EVE has potential. Today's TU was a mixture of + and - news but the market always focuses on the negative aspect hence the drop. It's a tough making money at the moment even the most prospective of stocks are getting hammered..

Maestro1 - it canna be that good cos she's crashed a whopping 20%, i'll take a look again sub 3p