Member Info for Mafs

Its been about 3 weeks since the US shipment RNS! An update can come anytime and I think people who know this are buying in!

Books are looking good on lvl 2, let's hope we have maintain this today!

GLA

Mon, 21st Dec 2020 14:48

RNS Number : 4144J
Genedrive PLC
21 December 2020


genedrive plc

("genedrive" or the "Company")


Response to new COVID strain

"Genedrive 96 SARS CoV-2 Kit able to detect all published virus strains.


Genedrive plc (AIM: GDR), the near patient molecular diagnostics company, confirms that its Genedrive 96 SARS CoV-2 Kit continues to detect all known variants of COVID-19, including the newest variants released by the UK's COVID-19 Genomics UK Consortium."

We will always remain relevant from the Covid front whilst we also continue with our other projects.

GLA

Ermm would it be wrong if I said I dont want any jaw dropping news until April so I can somehow squeeze in another 20k isa tax free allowance?

Even if I have to loan it from someone lol

I know... im sorry... I might have to join Natham's group after this =)

Exciting times ahead!
GLA

Mr India VS Mr know it all... sounds like an interesting line up... probably more entertaining than what's happening with the SP right this second :)

But honestly guys, let's try to ceate a productive chat board for everyone.

I hope we have a solid month so we're all happy.

GLA

Let's hope it'll take us close to ydays opening with more news to come!

GLA

The Wolf of Wallbroke is out. In response to the article, vaccines are great but does not reduce the need for testing.

Heres a snippet from Forbes and others on the need for testing:

"The difference between now and several months ago, when advocacy for rapid testing first began, is that our situation is considerably more desperate—a fact that isn’t likely to change once a vaccine has been rolled out. With adequate financing and a robust national strategy, rapid, self-administered testing could stem the ever-surging tide of disease and death. If only those who have the power to produce and supply this simple tool would wield it. Though it has taken far too long, it’s not too late."

GDR has the potential to be that producer worldwide amongst others, and obtaining a huge slice of the market share.

Testing may be part of daily life if covid continues to mutate into different variants as seen with Brazilian and South African variants. GDR's test is great that it is suitable for all mutations as it stands.

GLA

This is one of the reasons why its risky to be buying and selling this with your main investment. You run the risk of being locked out or missing a good RNS.

People who sold yday would most likely be tied elsewhere missing out on any potential rise here.

My policies always been stick with the company you believe in and hopefully the fundamentals and a great BOD will carry you across the waters.

GLA

"...showing genedrive's utility as the world's first rapid genetic test in an emergency care neonatal setting. In excess of 750 babies were tested and 160 hospital staff were trained to provide rapid testing in this critical care setting."

GDR is venturing in areas where it'll be the world's first! Imagine patenting all this.

They also said, GDR's commercial POCT (point of care test) would be only test available that can check for that particular gene.

Great novel stuff!!

GLA

Great update! This RNS really brought me back down to earth reminding me that were not only about Covid tests!

This is excellent from the GDR team and it shows they're not sitting on their hands and putting all eggs in one basket.

Very positive.

GLA

For those who are little worried with the price movement, remember that it isn't declining based on company failures or bad news or poor fundamentals or because of some poor figures or multimillion BC partnership fell through, it is purely sentimental and the traders buying and selling based on the chart.

They as well as us know that we expect solid news in late March but also general RNS's leading up to the big one, so until then traders will attempt to buy low and sell high. Our support at 130 was slowly chipped away today, which means buyers and sellers believe that there maybe a lower entry than 130p and it was seen when we went to 125p, and so yes, there a high chance it'll drop further 2moro because traders will anticipate that news will not likely drop this week of course they could be wrong!

This fluctuation will continue until the new support point is established by buyers and sellers where they think the lowest is at x y z price which was at 108p last week, and could be 115-120p this week.

This is nothing to worry about because essentially they and us are waiting for the big news, difference is for us, we (well speaking for myself) are not selling and buying in case we get locked out on a sudden rise and due to not burning cash in spreads and we don't care about 5-10% POSSIBLE gain versus a almost definite multibagging re-rate gain.

I much prefer a fluctuating SP than a dead one with no movement at all, this is just my personal opinion, I understand some peoples hearts are on their sleeves looking at a -10/12% price change.

How i look at it is, I may lose a few battles here and there with fluctuation, but I know I'm gonna win the war.

Let the traders squabble over a few pence, meanwhile ill be looking at Bentley car parts and a opening new businesses.

GLA

Awesome response to the sells. Let's hope we have this throughout up until solid news lands!

Order books are buzzing!

GLA

Great support at 130p! Back up we go! But dont worry too much about the price fluctuations, traders exist in every share, especially profitable ones.

Theyre taking their positions again now.

GLA

Testing our support at 130p at the moment 7% down is nothing, we all saw how things can change in a single day.

Traders will wait to see how low it goes and then enter again to take their positions. Nothing to worry about pretty normal!

GLA

Sellers have cleared for now... we need to attack 145-150 today which will be amazing.

Then to the fight at 160 will be a very important one IMHO.

Let's keep up the pressure, and I hope the traders buy back at these prices for the second tick up.

GLA

My £1.90 could be attacked and killed this week if this carries on!

(I guess its a win win :) but id much like my fellow £3 predicting investors to win here lol)

GLA

5 times the sell value! This will spill over today!

If you're still thinking or on the sidelines I'd suggest to enter when you can, we may not see these prices again if the sales news land!

GLA

Thats good for ODX, but a couple of pointers here:

1- it is not a manufacturing or sales agreement
2- testing is a huge market and GDR has a multimillion pound company whos a subsidiary of a multibillion company Danaher, will obtain a huge share of the market.
3- Were steps ahead with sales figures and numbers to rise until were ramped up to huge numbers.
4- Our testing is rapid, reliable (99-100% sensitive) and pain-free which is what patients also want when tested. Believe I've been nasal swabbed a couple of times and its distressing. The guy pulled out the swab and it had blood on the end of it!
5- were hitting the U.S which is a bigger market with access to South Africa and Europe, with India on the horizon.

All in good time!

GLA

One for the end of this week Friday 5th March:
Mafs £1.90
Pharmaguy £2.50
Northeast14 £2.23
LordPaul £1.50
Bobthe £2.22
ThePunter1 £1.04
Cwalsh £1.36
Dr long £1.28
bigAl67 £2.96
Slick123 £1.86

And the other for the end of March 31st:
Mafs = £2.65
Ferrero2310 = £2.25
Longshot12 = £2.25
Big Bench = £3.15
Bobthe = £11.11
Jayhayes =£2.08
Northeast 14 = £2.50
Dabber =£2.77
bigAl67 = £3.96
Pharmaguy = £3.50
Slick 123 = £2.10
LordPaul = £3.00

Oh how sweet it must feel for the LTH's here after going through the thick and thin.
Indeed after difficulty there is ease!!

To all the holders here, this is well and truly deserved!!

Here's to what's to come - I've searched through BC's partnerships and come across many multimillion pound companies; everything from BARDA, to CCS and DiaSorin all the way to universities in Ireland and Kcas, and now GDR.

This is understated, it is a huge collaboration with outreach that we don't even know about!

GLA exciting weeks ahead!

Profit takers... they gota take something home for the wife and kids i guess. All good here!

(Just buy back in at the support levels and ill be a happy fellow).

As for most of us, can't afford to lose that seat and run risk of getting locked out!

GLA