The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
One thing is for sure there will be an RNS soon, maybe today maybe early next week, maybe later, but we are due one soon.
If it's not today there is no need to panic, only traders wanting to make a quick profit will be selling as the RNS didn't arrive when they wanted and all LTHs will know the potential of this stock so keep hold of their valuable shares.
GLA
https://www.proactiveinvestors.co.uk/companies/news/947928/chamberlin-engineer-on-the-recovery-trail-following-city-fundraiser-947928.html
"The board expects growth from ALL business units and a return to profitability and cash generation post our restructuring."
Exactly Suzieanna!!
There are multiple potential reasons but if you look at it like this.....
There is a SP we are at today and a SP this will end up at when the product comes to market.
The value/worth of the "end product" is potentially huge (if everything goes to plan) and that end SP will reflect this.
TB knows this!!
TB also knows what is going on in the background with development and also the timeframe involved and when this end point is likely to be reached. He knows there is plenty of time between point A and point B in the graph and what the value of the product and SP will likely be. He has plenty of time to get back in before this end date and if the end SP is going to be huge he knows today's price is peanuts.
TB is a very clever man and It is in his nature to make money, after all his business is INVESTING, so if he sees an opportunity to make money he will naturally take it. As he knows the appropriate end point he probably knows he has plenty of time to make some money and there is nothing wrong with that. Sure it might look worrying to us but as Suzieanna said what happens to the SP right now is not really any concern because it is where it will end up that matters.
Thinking about what WE know, we have seen nothing to suggest there is a problem, in fact the exact opposite, everything we have been told or seen looks very promising. We have been told approximately 6 months to market (as of the March RNS) and to date have not been notified of anything otherwise.
When TB was selling Paraytec made a point of posting many times on Twitter to reassure investors that everything is going well and there is no need to panic.
So until we know anything further just stay calm and await the RNS due any day now.
-------------------------
This is just one possible positive theory, there are of course plenty of others, don't take anything written in this message as fact nor make any investment decisions based on it. Decide for yourself if you are happy or not and good luck to everyone invested.
-------------------------
@SenatorBoomtime
"SP hasn't responded today, maybe bad news on the way?"
I wouldn't think today's relatively flat line has anything to do with bad news on the way. If you look at the end of march just before that RNS the SP flatlined and even slightly dropped in the run up to when it came (and look what happened then).
It's just anticipation and everyone taking their positions. It's all about what YOU think is going to happen and what is going to be in that RNS.
There is certainly more chance of it being good than bad and potentially the possibility of it being excellent, so do you want to be in or out? It's your decision same as it is for everyone else.
Also as Casper rightly pointed out it's not really about this next RNS, this is just one more step along the way and the real value will come in the months ahead. All depends if you are a trader or investor (or a bit of both).
Good luck whatever your stance.
From the RNS dated 1st March.....
"Paraytec will now progress to a prospective clinical validation with a larger number of patient samples and seek to obtain a CE mark for the test. Depending on location, the prospective clinical trial (where individual patient outcomes are monitored over time) is expected to take two months to complete and a further update is expected to be made by the end of April 2021"
@Casper
I actually think this last week has been a lot more positive on this BB. Sure you are always going to get the odd basher/deramper or general TB hater but that is the same on ever BB or stock.
There is a lot to potentially look forward to with this stock and things could go up in a very big way if all is well, we will find out when the RNS lands. Yes it's difficult waiting in anticipation but it's no problem if it's today, tomorrow, Friday or next week. It doesn't necessarily mean it's a bad thing as this is a longer term investment so a few days isn't going to change anything. But you also have to have caution and not get caught up in the hype otherwise you could get caught out.
Looking at the FACTS and what we know so far things appear to be very good and we could all be very very happy, but none of us know what has been going on in the background, so we will see what is written in the next RNS.
However there is no hurry or need to worry that the RNS hasn't landed yet, nor if it's not here today, tomorrow etc.
All will be revealed soon.
@imac1
"FTH “big investors won’t buy” I can guarantee you it wont be based on this BB whether they invest or not..!!!"
100%
What get written on this BB has little to no bearing on the SP at all.
This BB is filled with people's OPINIONS, some may be correct, some not, some partly. You can however sometimes pick up bit of info from these BBs but also some absolute dribble.
No-one should buy or sell anything based on what is written on here and I'm pretty sure the "big investors" won't even read this BB and if they did they would most probably laugh their backsides off.
No disrespect to anyone posting on here, just keeping it real.
Good luck to all invested and hopefully this week will continue upwards for everyone.
@bbrq648
Please stick to FACTS..... Posts like this are not good for moral....
"In general, good positive RNSs are posted on Mondays at 7:00AM and negative RNSs posted on Fridays. Thus, expectation is still positive RNS tomorrow at 7:00AM."
Where on earth do you get that from?
So we are past 7am and no RNS so according to your knowledge you are saying because we haven't had this 7am RNS Monday morning the news is bad????
I have no idea where you get that from and would say the exact opposite tbh, but that's just my way of thinking. Nevertheless posting stuff like that just worries investors and rather than being a positive it's actually a very negative post.
Please only post if you KNOW something factual. Thanks
Well it's fair to say you're NOT invested in here at the moment @DaProphet
This test will certainly not be on the back burner, that's for sure. Just think about what it brings, they will want this bringing to market as soon as humanly possible. However that is never a quick process and has to be done correctly but one thing is for sure they will be doing everything they can to speed up the process. They have stated multiple times the overall time frame to bring this to market has not changed.
Sure it would be great if this was available now but it is important when this hits the market it is as good as humanly possible and from everything seen so far it certainly will be.
Trevor selling is another matter, sure it would be great to have Trevor sit down in an interview and tell us all what his plans are but he is under no obligation to do so and due to this everyone is guessing what is going on.
Carl is driven by his desire to produce the very best test/process possible and is wanting glory in his field, rightly so, this test appears to be nothing short of amazing and can seriously change medical history when you consider all its possible uses.
Trevor on the other hand is motivated by other things but as he could retire anytime (if he wished) I'm sure he would like to do so with a bang and be remembered as that guy who's company brought that revolutionary testing device to market that changed the medical world.
TB is a very clever man and knows how to make money so one thing is for sure there will be a very good reason for his actions. We may get some hints in the upcoming RNS, maybe not, but until we know it's all guesswork.
You are always going to get bashers and doubters but......
All you have to do is look at what this test can do, what it is capable of, what it can be used for........
Then ask yourself..... Is this coming to market??
I think we all know the answer.
If you look at the SP and what happened around 1st March that shows the investors/traders response to the RNS.
In that RNS it stated:
"The average time to acquire test results is currently less than 120 seconds, a market-leading value"
That was massive news and the SP should have rocketed.
But also in that same RNS it stated:
"with first product manufacture expected in six months, subject to regulatory approval"
This news (IMO) was what made the SP drop so much that day. The reason being most people were not happy to wait 6 months, they all expected the test in a month or two so to make a quick buck.
However as we know these things take time and there are lots of hoops to jump through before you can get a product to manufacture.
Now we are a few months in people are starting to realise Covid is going nowhere and we need tests for a long time yet.
This next RNS due any day now will hopefully give us some more info on the status and timeframe. If positive the SP should react and we could see this SP jump up 8n a very big was like last time.
Everything looks good for the test and everything Carl promised has come to fruition (and better), we know Carl is happy with the test so we are in a very good state by the looks of things. Hopefully the SP will move accordingly.
Exactly Codejunkie
I think a lot of people are invested in both but as you say they are a different type of test and will be used in different situations.
I've often wondered on this BB why people talking down and totally destroying/deramping one test and are making it out that only one can be good when in fact both have a place on the market and as you say can be used in different situations.
Slightly confused as to why Avacta took such a big drop from the initial high, but that's for the Avacta BB I guess and not here.
It would be really interesting to know what the expected cost of the Paraytec shoebox device would be and it's costs to use/service etc but I'm sure that might be a while yet before there as an exact figure. Probably not something a household would consider purchasing but who knows.
Will be interesting tomorrow both for BRH and Avacta to see if there is any bounce back/correction with today seemingly a poor day for the market in general.
For sure, nearly everything was in the red today, or certainly the stocks I watch/invest in.
Makes you think Braveheart did well to hold even today although I find BRH a bit of an oddball stock anyway historically, when it comes to following the crowd. When most stocks are down BRH goes up and vice versa, strange sometimes how things work.
I'm sure the next week or so will be interesting but if March is anything to go by BRH might just flatline until the very last moment then everyone will pile in. That is fine but you always run the chance of missing out on getting in at a good price.
If last month's RNS is anything to go by, buying in now at these prices makes them an absolute bargain.
It will be interesting to see what is mentioned in the upcoming RNS about CE certification and of course the roadmap ahead to bring the test to production status.
Of course the clinical trials is going to be very big news but the CE/cert is massive. Once that is obtained I think this will really see a huge interest from many investors. Sure there will always be day traders ready to make a quick 10-20% but the value/mcap of this stock will be a lot higher than current levels once that certification is granted.
Not long to wait now.
@FinalFantasy
Re the Avacta RNS ......
Avacta said the study tested 98 positive samples, with the rapid antigen test identifying 96 out of 98 of them correctly as positive, with a 20 minutes read time resulting in a clinical sensitivity of 98.0% for samples within the "broad range", down to low viral loads.
Out of a total of 102 negative samples tested with the lateral flow device, the test correctly identified 101 as negative, giving a clinical specificity of 99.0%.
One thing is for sure knowing how Carl is he will want to blow everyone else's figures out of the water!!
If you look at what happened in March before that RNS from 19th march onwards. Flat and even a dropping right up when the RNS landed, then up it went and I actually think this April RNS is more important that the March one, so who knows how high this might shoot.
FOMO will soon start to kick in
I think a lot of original investors were probably relieved to see the suspension lifted they just sold their initial holding out of sheer jubilation so were not overly bothered on the price.
Will be interesting to see where this goes but you have to think it will be heading upwards as positive things develop and progress.
Good luck