The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Short closing...... Always at 17:06............always.
15 December 2021
Removed Altona Diagnostics from Protocol annexe list
Colin only threw the towel in on the government contract. They have changed their approach to look at the commercial and private options and rightly so. The £374m was never happening with the saturation of Chinese tests.
Mik, it's an interesting point. Working in mfg across multiple sectors, high and low volume and varying degrees of automation, I've procured many capital assets over the years.
One thing I've questioned from the off is how the alleged equipment is worth £17m. Based on the photographs I've seen and various PR shots of the line, it's unlikely anything in there is worth £17m.
A couple of points. I can't believe those capital assets would be worth 1/3rd of the companies current Mcap. Moreover, having worked in high volume automation using a combination of bespoke and common off the shelf machinery in a business with far greater revenue than ODX will ever see, i can't recall a single item with a value greater than £1m. That includes vision systems, robots, software and so on.
Olly, interesting you should say that. Now the dust has settled, I've been thinking wouldn't it be convenient for HUA to land right after the DHSC money has been requested? "You owe us £2.5m but will approve your test to help pay it off."
Entirely plausible.
Can I Just say, it's nice to see some healthy, friendly debate on this BB for a change.
It looks like the d***heads don't do weekends.
Just use IG and select volume in your chart controls. I had it down as 41,775,152.
Yes, we're in with DAM and have HUA and FDA still in the pipeline. Today is a massive over-reaction.
You mean the rinse and repeat "we remain in positive discussions with the DHSC", forward looking statement?
Cool story bro!
Like many, I'll believe it when I see it.
Dated 4th October 21 and your point is?
Old news, free LFTs for symptomatic testing etc. being scrapped was priced in months ago.....But check out the bit about government plans to kick-start the private testing market in the article.
It's no secret that free LFTs are being ramped down. The daily mail has just published an article on some of the leaked documents this morning.
Crucially however is that the government document reveals that officials are preparing to kick-start a 'private testing market' in which companies will charge people for tests. About 500 firms offering 150 different testing products are already undergoing the accreditation process, the document states.
Does anyone know of any LFD manufacturers in bed with one of Europe's biggest private testing firms, with orders already???
https://www.dailymail.co.uk/news/article-10198985/Operation-Rampdown-Codename-revealed-Government-papers-dismantle-key-Covid-measures-year.html
Down on the week of our first ever C19 sale. Sorry, but old optimistic here is starting to lose faith. This is outrageous.
Deal announced yesterday.
No announcement re. CTDA
If you can't see what's happening here, sell up and move on. I for one will be adding more shortly.
1. Buy on rumor, sell on news.
2. Gap needs filling above 49p
3. 10 percenters
4. People breaking even in the 50s
There's always next week! Have a great weekend all - except the trolls. I hope you have a proper **** one.
I'm in NCYT as well as ODX. Just don't understand the mindset. Every post, bashing LFTs and ODX. Stinks of desperation.
A lot of PIs selling will occur between 80-120p in my opinion. It's going to be bumpy because a lot of people got spiked earlier this year and just want out now, irrespective of long term SP and good news. Money can be made elsewhere in a shorter time frame i suspect. I'm hoping that the selling provides an opportunity for the big boys to jump in so that we can sail on past the quid mark quickly.
My exit price has always been £3 but that's hugely optimistic. I've been in since April 20 so it's a happy hold for me.