Member Info for PDMSPiper

And this is why, as stated last month.....

PDMSPiper
Posted in: ODX
Posts: 1,914
Price: 49.95
Strong Buy
Expecting Gov order for Mologic Elisa tests anytime.28 Jun 2020 20:43
As well as the Gov orders for the RTC LF Antibody tests, I’m also expecting a sizeable “surprise” Gov order for the Mologic Elisa Antibody tests.

1.) The test is highly accurate, assessed at well over the 98% accuracy bar for mass testing of whole populations.
2.) The bad publicity last week was around the lack of accuracy of the Roche Elecsys lab tests that weren’t sufficiently tested by PHE and are far from the claimed 100%.
3.) Gov order for the UK made Elisa tests would fix the Roche poor PR issue and be be a further coup for Boris as it was developed using Gov funding.
4.) The Elisa test has already been manufactured at scale in “verification batches” by Omega at Littleport.
5.) It is already CE marked.
6.) BoD wouldn’t have agreed to reserve valuable capacity for up to 46,000 Elisa tests per day if there wasn’t a ready market for them.
7.) Elisa test currently being assessed by Public Health England.

I’m hopeful and expectant that we’ll get a surprise notification of a large uk gov order for the Mologic Elisa tests and Littleport will ramp up production to 46,000 per day. The market isn’t expecting it. A nice gov order for 10 million would be 7 months production and set the cat amongst the pigeons here.
I say 10 million because that’s how many Roche Elecsys tests they ordered and it doesn’t seem to be working out as well as expected. Let’s see.

Lots of possibilities for news here and lots of *unexpected* news that will take many by surprise and they’re always the best ones for the share price!

Rumors of a placing being worked at SNG. Price not settled but looks like 150.

Heard the rumors everywhere.

No smoke without fire.

Evidence for antibody immunity is building and about to become irrefutable....

“Scientists claim they have discovered the most potent antibodies yet in the blood of Covid-19 patients, raising hopes that people will develop immunity to the virus.
The antibodies were taken from the blood of several Covid-19 survivors and can neutralise the coronavirus, stopping it from entering cells.
These antibodies are cloned and scaled up in large quantities in the laboratory before being injected as a treatment. “

Antibodies from Covid-19 survivors are the 'most potent' ever found

https://mol.im/a/8549445

Rah; Don’t underestimate the potential power of the publicity that will follow the roll out of the ABC-19 Test.
Gov order for 75 million tests to be supplied free of charge to every citizen via Boots and amazon will be headline news on bbc and sky all day with more tv interviews with Colin and it will be frontpage news on every newspaper.
Commercially, I take your point but it will do more for the company and the share price than simple it’s monetary value imo.
I don’t think boomage will come on PHE approval, but the RTC ABC-19 Rapid Test rollout could easily punch well above its weight!

GLA.

Obviously an update on orders RTC can land anytime but for anything related to the RTC ABC-19 Rapid Test the updates are more likely to be intraday.
For new investors: This is because the UKRTC is led by Abingdon Health and as an unlisted company they do not put out regulatory news but they do a “Press Release” which in the past has been mid morning and followed, almost simultaneously by an Omega RNS.
Would expect the ABC-19 PHE/MHRA approval news to follow the same pattern.
But ya never know. They like to surprise us sometimes don’t they.

By the way, I’m not expecting a “100% in a day” rise from just PHE approval as these newly arrived b u l l s h I t t I n g traders are claiming, but it should take us comfortably into the 70-80 zone ready for the next leg up on Gov order news and provide a nice platform to build from as other news on the Elisa tests etc comes in.

GLA.

To be honest the article and link is months old but they keep updating it.
If you check on it every week or so they put the new latest antibody test info in it.

1.) If Antibody Test = Pos, then GoTo *3 month Immunity Passport.

2.) If Antibody Test = Neg, then GoTo Vaccination.

3.) GoTo (1.) and repeat every 3 months.

This is how it will go.

The Elisa test is already live for purchase on the Omega website in boxes of 960 assays.

There has never been a vaccine found for any of the Coronaviruses, ever. Still no vaccine for MERS or SARS Cov-1.
The fastest vaccine ever produced under emergency conditions was for Ebola, and that took five years.

This might be worth a punt when it retraces to 7p but this rise is properly ahead of itself.
Let’s face it they don’t even have a product yet, let alone any sales. It’s total hype.
VAL has a very bad reputation for disappointing shareholders in the past and has cost punters a lot of money. The bod have consistently over promised and under delivered.
Of course, this time could be different. It might be worth a punt when it retraces more as it undoubtedly will. No rush. No product coming anytime soon.

6-7p Buy Target.

What would happen to the SP if FDA approval is refused?
I heard some Pharma stocks have previously lost 90% of their value in a brutal markdown when that happens.

Is that true? What would happen to the SP if FDA refused to approve it for some reason? Would it keep these gains do you think?

No idea what they are using. Probably some chepo Chinese thing like the Spanish used.

That’s not the point I was making though as the market is big enough for several tests. I don’t expect ABC-19 to be the only one available.

The point is: European countries moving toward authorizing citizens to be tested for antibodies means U.K. won’t be far behind. Could be a matter of weeks. UK has followed spain, France and Italy in most things only weeks later.

If the French and the EU are confident enough in the science to roll out rapid antibody testing then the U.K. will be next.

French Pharmacists authorized to carry out rapid finger prick antibody serology tests. It’s coming.

http://www.xinhuanet.com/english/2020-07/21/c_139228625.htm

Climbing again under big volume.

If it breaks 70 this time it could easily keep going.

A 70p+ finish would be nice later. Another finish on the days high.

Could be news here tomorrow. Something is afoot!!

DYOR

Rumors of USA interest in RTC ABC-19 Test.

We can’t make enough of these.

We’re gonna need a bigger boat!

Flying again now and big volume buying. This is more than a delayed rise from the weekend publicity.
I reckon word on news has got out here. Could have a gov order in the pipeline here. Lot of buys going through now.

I’d be careful with those ramping buying into SNG on this board.
Pharma companies with new drugs are as risky as an oil explorer. One duster and it’s all over.
FDA approval is by no means assured and if FDA approval is refused then that RNS will mark SNG down 80% immediately and all those gains are gone.
SNG is a very risky binary play. DYOR and lots of it.

Exactly. It’s a high numbers game. All the biggest most successful companies have high volume low cost products that people buy millions of, like Coca Cola. Schweppes probably make about 5p on every can of soft drink but they produce billions of them and sell them into an endless global marketplace.
That’s the business model here. Millions of tests at high volume into a global marketplace of 7 billion people who’s appetite can not be filled.
Years and years of high production and millions of £’s of profit that can be reinvested to grow the company and increase production.

The sky’s the limit.

£300 Million Mcap is the lowest valuation of the current portfolio of products performing in the market at the lowest production and sales estimates.

“What’s new” is a long overdue return of sentiment as the market realizes ODX has been way oversold and is due a rerate to minimum £300million Mcap for starters. That’s new. More new stuff on the way, starting with a new all time high very soon. GLA