Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
For my part I am sceptically optimistic on this. First of all I would like to add that in my opinion after that RNS people are still unwilling to sell but knowing there won't be any RNS for a number of working days they are going for the no news period drop. Unfortunately others are trying to do the same and are buying on any dips. Secondly I believe, for right or wrong, that the company is hiding bad news on the accounts. Hear me out on this. I am expecting to hear bad production numbers. This has kinda been predicted. It gives them time however to finalise the 30000 tpa set up and then start gearing up towards capacity which will be in the RNS. Maybe he is just a royalist, or maybe both. I certainly don't see it as a negative. Time will tell. The next 3 to 6 months I am REALLY looking forward to. Again, just my opinion.
Using that information it looks like the minimum ammount of the contract, which is £50m in the revised information on the contract, is all but fulfilled depending on the unit prices. This could potentially kick the next stage of the contract into play. This information we don't know however as the various stages of the contract are more private. It gives me great confidence and happy in my holding here now, ask me 2 weeks ago and not so confident. They are quietly working in the background. I am expecting a few fanfares soon. :)
RBM, I agree. Optimistic but not blindly optimistic. I have given myself a 4 week timeline to decide on Novacyt. Time enough for resolution of DHSC, or legal action if necessary (tho not preferred), launch of new LFT (possibly the 1 ODX are waiting for), new boss to replace GM and give him a chance to make a statement, possibly news on US. I will review how many items are ticked off the list before I decide. There comes a time where you have to say that Yes, it's undervalued, but if the world doesn't see it then it's worth what people will pay for it. A few weeks however can change everything. All to play for.
They don't need to make enough to meet demand. If they make enough to make a healthy profit, and since floatation they have the money to do it, we shall all be happy.
For me Lucyd is number 3 on the list of potential of the 4 companies. That's saying something as it has real potential, needs to be followed up by sales at this point. Bellescura is about to take off and I genuinely believe Guident is the joker in the pack. Time will tell if this is justified.
Like many on here I had a target price, as you should always. With each week that goes by my target price gets higher. This company is making all the right moves, Bellescura soon manufacturing and selling. Guident news very soon. At least 3 of 4 companies Tek has holdings in could be worth more than our market cap for our stake. If it were down to just 1 of these companies I would be more cautious. Risk to return seems solid here.
Surely you must realise by now that this company does nothing, plans to do nothing and will do nothing but take you for their lifestyle money? Learnt that 12 months ago. Learn faster people, this company should be de listed.
In my opinion the pull back was due to the news that in France pcr tests will only be refunded if they have a medical prescription which they expect will result in an 80% drop in pcr sales in France. We are being persecuted once again for being seen as a French company. In reality it isn't a problem, the French aren't really buying from us and we will keep on selling.
When Guident has an IPO it will mean we have a smaller piece of a bigger cake as funds will be realised to finance the next stage of its development without need for fund raising and therefore shareholders dilution. This is all set up nicely, Guident is potentially the 1 to take this into orbit. In the meantime the shareholders from the big placing for Tek are running out of shares. This means a sustainable rise as many, including myself, will not sell at these prices. This is 1 or 4 shares in my portfolio which really excites me. :)
Sorry, been quiet on the message front. Working 7 days a week. This company is 60% of my retirement find. Can't retire yet, get back to £12 an options are available. Too young to retire, too old not to want a plan B. This company is frustrating as it is almost doing all the right things. It concentrates too much on doing the job at hand and not enough time boasting about it. As ridiculous as it sounds, it's the commercial world we live in.
This investment shows how capitalism sucks. It's not been fun for a long time. I am not going to blame GM. On this investment the research was right, and may still go right. Unfortunately with investment there are many factors outside of common sense that decide the value of the shares. BJ, this is why UK plc shun the UK. You want a world class diagnostics industry, support it. Idiot. Conservative no longer, Liberal Democrats regardless of policy or outcome.