Member Info for Magsy18

I wouldn’t expect you to understand drlong and you are quite right to be sceptical!

The post you referenced here was not a prediction from me, it was an observation that what happens in reality rarely follows what the rampers here state will happen. Just because I point out that historically the rampers are wrong most of the time does not mean that I don’t think the price will rise in the future.

You’re a typical, weak minded AIM investor. You want to read things that you want to be true regardless of whether these things have historically been proven to be inaccurate.

As I said, you wouldn’t understand. Even with last weeks events you still haven’t learnt anything.

300,000 yes, haven’t sold any yet.

What happened last week justifies exactly why I take a ‘pessimistic’ view on shares like this one. I think that there will be opportunities to sell at higher prices than now which is why I am staying but I believe that this isn’t the best company to invest fresh capital in as things stand.

I certainly won’t invest any more capital here. The results next week will likely be underwhelming and with the shift in sentiment to focus on the various vaccines there are several realistic scenarios which I believe have the opportunity to damage the SP further.

I believe short term gains will only come if some damning news comes out around the vaccines. Other than that, in time, our other products might come into play which could give us a decent boost.

Still, we can wave good bye to anything near £2 for considerable time unless something truly extraordinary happens.

I would be careful about how you think about ‘averaging down’. The idea that you have lowered your average can make people feel better about their current losses which can encourage people to invest more for bad reason.

The way to look at it is as a completely new investment. Am I likely to profit from anything that I invest at this price.

I think people know not to listen to anything you say by now BB!

We are learning that what DB says means very little too.

It’s an email.

It's great to see David reiterate what some of us have been saying on the board all along.

Tuesday will be interesting, we won't have any additional approvals and we won't have any meaningful sales reported, so the SP might take another knock. It will be interesting to see how much focus they put on covid related activities and how much on other products.

BB your predictions have been wrong for like 5 months. This is just the latest failure on your part. News on a vaccine being released isn’t actually that unexpected anyway.

Making predictions is a mugs game in AIM which is why I rarely, if ever do it.

Remember saying this last week BB

“Last chance to get these at this level, expecting 50%+ by end of week”

Do you not feel any shame?

Oh Jay, I wouldn't expect you to be, hence you doing it in the first place. If nothing else, you will have learnt a lot from this experience.

Pretty much anyone can answer your question anyway. The reason there is 'lack of communication' is because there is nothing to communicate on. What do you want them to tell you? That we still have no meaningful sales? That we still haven't got approvals in the areas that are pending?

It's really simple, if they aren't communicating anything it's because nothing meaningful has changed. That's it.

Not entirely sure what you are referring to but if you are asking for reassurance in LinkedIn comments then quite frankly, that's embarrassing, it's not the place for insecure investors. Quite rightly they get deleted. You were overly confident/positive in this share and this has contributed to your current mindset.

Even if they did reassure with words, I wouldn't trust them. All confidence that GDR/DB have shown has been misplaced regarding COVID so far. Which leads me to the conclusion that we will get no meaningful sales related to COVID. As Technick said earlier though, this did allow GDR to fund themselves and so their is hope for their other products. Sentiment-wise I think GDR is seen by the market as a COVID stock, so I think other aspects of the company will be largely ignored by the market for the time being until the dust settles.

There isn't bad news nor good news around approvals, he would have been forced to release the news in either case.

Not sure how I felt about his LinkedIn post. You're right, it would be quite silly of him to post that testing will still be needed if GDR wasn't going to be able to take advantage of that fact.

But then he was confident of sales in June. He also said 'good things come to those who wait' or words to that effect but that was months ago.

I guess his judgement really is in question and I wonder if his post in some ways is him trying to convince himself that it's not all over on the covid front.

Oh so GDR had 56m shares in issue in July 2016?

This hasn’t happened before though has it? The start of vaccines spells the end of sentiment towards testing companies.

Jay, I don’t remember GDR hitting £5 (£280m mcap) when was this?

I agree that testing will be needed for sometime, I just think the demand for it will plateau and there won't be a need for countries to find new suppliers like us. I think the existing suppliers will be able to deal with the demand.

I think we're done for COVID and I don't see £1 for a while now. I think it could recover slightly over the next few days and the question then is whether to sell or to hold to see how our other products go.

If you honestly think there is nothing to worry about then you're incredibly naive.

I have to admit, today was disappointing and I try and keep my expectations fairly low. I am not going to say the obvious things to the obvious people but let this be a lesson to people here as to why being cautious isn't a bad thing.

So the question is, in terms of COVID, what happens from here? Do the FDA stop approving new tests? Does the demand for tests start to plateau meaning that companies like us currently not selling, don't get the opportunity to? Will the partnership with BC come to a premature end?

Worst case is that the COVID revenue stream is finished and after the dust has settled we have our other products to hopefully start generating some revenue.

One thing's for sure - £5+ isn't going to happen anymore. We will be very lucky to hit £3 now.

Obviously we both agree that this investment will yield some decent profits else we wouldn’t be here.

The point I am trying to make is that on this board you have people who have historically been inaccurate referring to people who have historically been accurate as disruptive.

I am not saying there aren’t people on the board who intentionally try and cause issues but I find that most of the disruption comes from the response from people like yourself to people who don’t share the same level of positivity.

drlong, Be honest, whose outlook out of yours and mine has been closer to what has actually happened so far?

Come on drlong, don’t be dense.

I can only see that I was right in hindsight. At any time approval/sales news could have been published which I believe would have caused the share price to be significantly higher. I still believe that now.

What my post history shows is that historically my outlook has been reasonably accurate. Your post history shows, well, let’s not go there lol