Member Info for moorhey

Cheers wookiemonster; it isn't cut & dried yet, if it was then every man and his dog would be buying - and they aren't.
The other aspect is who will be buying the end product? As a 5-minute test it has to be commercial operations (airports, businesses, some top-end restaurants etc) as governments in the West can't even get people to commit to a vaccine, so who is going to be accepting a covid test every day?
I realise that you can detect other issues, but think about that.
You go to a football match, take a covid test, and they say "yes, you are clear to go in but, err, by-the-way, you have cancer".
You do realise the personal, mental implications this will bring? The legislative hoops this will have to jump thru' will be massive. That will take a huge amount of investment, and we've seen our own government having to throw billions at this already, purely due to the scale of the problem - do you really think a manufacturer is going to spend £100m on something that may cost another £1bn to bring to market?
I'm selling at 60p and taking a 100% profit.

What if the test fails the trials - what then?
Back down to 18p?
And if it passes the trials - what then?
There's no manufacturing capability with BRH, so the test has to be sold.
What's the potential value of a 5-minute test on the open market?
I'd say bids will start at £10m and won't go much above £25m.
After BRH management and the research lab take their cut (40%) then you are looking at a 40p special div.
Add base BRH vale of 18p, means a top-end SP of 58p.
Surprise, surprise - that was the SP at the 7th Dec peak.
Of course, I could be wrong, but at least I have put some reasoned calculation behind my opinion, I'm not just shouting out two-quid, three-quid, FIVE-quid.
I'll be selling at 60p, and banking a 100% profit.

Well done durv - looks like you've doubled your money in a matter of days - can't argue with that!
Onwards and upwards.

It's just a short-term stutter in the SP when you looks at the 3year trend.
I'm sort-of in the same boat as I increased my holding in early Nov, and the SP has pretty-much flatlined since then.
Remember, 40% of the ETF is in just 2 companies: Microsoft and Apple.

Hi Ellis7,
I also invest in GBG - the GB Group is a world leader in internet security. It could be a FTSE100 member inside 3 years, but will likely be swallowed-up before then (in my opinion).
Another company like KWS is Softcat (SCT), but instead of games and entertainment it focuses on business software.

"A great company, but undoubtedly overvalued" - reading these forums, you comer across phrases like this a lot, and do they really mean anything? I'm not picking holes in your post Ellis7, for me "value" like beauty is in the eye of the beholder. Intrinsically, you are correct - a valuation of £2.06bn about a company with a turnover of £350-400 million is a bit bonkers. Profits after tax for the last 5 years - in total - are only £45 million. But this is, in my view, a gambling opportunity - if it can find a game worth a £1bn amongst its stable of developers, then the SP will seem cheap.

KWS is roaring away.
Just under 2 years ago the SP dropped to under 1000, and though there was a brief reprise during the summer of 2019, the SP sank to a low of 1043 on 04Nov19 - since then there's been no stopping it!
I'm a long term holder, back on 22nd March 2018 I posted on this forum that "(KWS) is one my "band of 5" companies which could potentially be in the FTSE100 in 5 years time" and right now I really do think KWS will be in the FTSE100 by March 2023.

Yes, PFG has been one of my better purchases in recent months and my holding is in my ISA. For what it's worth, my first £20,000 every year goes into my ISA, then my next £15,000 goes into my SIPP. Anything else I have available goes into the trading account - but that's not much, if anything.

I was wrong about the Covid silver bullet (see 05-Aug post), it seems there's not just 1 but 2 or 3 (maybe more). That's brilliant news, and not so bad for BIOG as it can now fall-back on producing the goods for an ageing and increasingly wealthy population in the Western World.

Looks like it's on the way up again, judging by +5% SP uplift today.

… looks like positive news! The SP is up 6% today and with a new administration taking charge in the US we should see more organisation and improved well-being bringing confidence back into the US domestic market.

Not sure what's going on with the SP at the moment, as it's down about 8% from the 52-week high.

Hi Fallingknife1 - why you'd want to sell when the SP is only 10% higher than it was on 1st Jan 2020, and yet the business is in a far better place now than it was then, I don't know. Sure, the SP is up a lot since March, but didn't something happen in March? I forget what it was now, but wasn't the Trump was blaming China?

Nowt wrong wi' flat cap'n'slippers.

Revenue in the six months to June 30 was up 13% year-on-year to EUR173.5 million from EUR153.2 million.
On an organic basis, revenue climbed 8.0%.
Pretax profit jumped 66% to EUR11.1 million from EUR6.7 million a year earlier.
The company noted "strong demand for most of our services throughout the period".
Growing revenue, growing profit, and increased demand - what more can you ask for?

Agree, very impressive. I was getting a tad twitchy over the size of some of the holdings, but the management have sold-off and rebalanced the portfolio. We could be in for an exciting ride.

Probably a good sector to be in as Covid-19 seems to be having lasting effects on those aged 40+ who are affected - and they are going to need treatments long-term. Personally, my opinion is that there will not be a silver bullet for Covid-19 and so it's likely to be a risk for many years to come until the general population grow immune to it - which is going to take anything from 30 to 50 years. If you are under 40yo and can get health insurance, it could be a good idea as in 10 or 15 years (when may likely need it) the cost of obtaining insurance cover may be prohibitive if you are not already in the insurance system.

When (not if) the 2nd wave of covid-19 hits the Northern hemisphere this autumn, we will see the spike reflected in the price of gold. How high it will go is anyone's guess, and US$2400+ is possible.

Any idea why the downgrade? There's massive demand for the storage, capacity is near 100%, and expansion is continuing.

Woolworth: I've tried reading your last couple of posts but they are incoherent. As you refer to "The Prisoner" from the 1960's I assume you are about the same age as me, early 60's.
On one point I agree, individuals mean nothing to any government, and that can make any isolated individuals (and you may be one) feel worthless.
As for hospitals, the NHS has not sent those with Covid to every hospital. That would be pure stupidity.
Where I live in Sussex, we have two hospitals: one accepts Covid sufferers, the other is Covid-free.
If every area in UK is the same, then half the hospitals are covid-free, meaning the 220,000 tested positive in hospital are shared between (1257 hospitals / 2) 629 hospitals = 350 patients per hospital on average. But we know Covid is concentrated around the cities of London, Birmingham, Manchester and Liverpool, so in some areas there will be only a few patients with Covid.
The stats on the ONS website (Office for National Statistics) are very clear: people under the age of 40yo may catch Covid, but are unlikely to die; people over 65yo who catch Covid will die at a rate of 145 in every 1000 (calculated from 32,000 dead from 220,000 tested positive, with 95% of deaths in those aged 65yo+) - that is a horrendous death-rate, when there are 17 million aged 65yo plus. If that continues, we could see deaths of over 2 million.
There are only 2 ways to stop the virus: 1) a vaccine - which we do not have, and 2) isolation - which prevents catching it.