Member Info for redboy33

Good Afternoon,

Have to confess, while I can kind of accept the delays with Food Detective (impacted by CV19 in China) and MHRA (ABDX is lead not ODX) I am less comfortable with delays with Mologic TT and emailed for an update to Walbrook today. I have posted response below.

"The process is taking a little longer than Colin’s original estimate at the outset but is progressing well and the Company has no concerns."

"We look forward to an update in due course."

ATB

Red

Good Morning,
I support the views BigJock has posted regards Finncap but I’d like to offer another consideration regards this broker.
Some months ago MB kindly shared a projection of where he thought the SP might get to if ODX could sell all they could produce. From memory he suggested this might be between £4.81 to £7.70 (based on a 5 or 8 multiplier) He backed this up with all his workings. This may seem high but even if you went with a multiplier half the lower range (2.5) it is very significant in a positive way. So surely this is important for Finncap to promote?
Since MB’s projection other posters on LSE and twitter have done likewise. I have posed the question a couple of times (to Walbrook) why can Finncap not publish a broker target? Apparently they just don’t have enough information? You might agree and there are certainly many variables but, and maybe I’m just an awkward individual, but I don’t accept the argument. All forecasts are just that, a prediction based on the best information you have at that time. As long as you set out your workings and the assumptions you have made I’m sure most people would say that is reasonable.
Can any investor recall a situation where a broker has offered an SP target for the next 12 months and then when a year has passed they happily announce that the SP did in fact achieve what they predicted? I cannot honestly recall in 12 years any broker successfully forecasting a company’s SP. To be fair it is difficult to do. So I come back to my point, why are FinnCap, apparently, so reluctant to do so? I believe this is important as I imagine if Finncap produced a brokers note presented in the manner MB did, it would reach new investors and perhaps lift the SP 10%, or at least smash 99p! In my opinion they seem a long way from wanting to promote all the excellent work Colin and his team are undertaking and it just seems very odd to me.
ATB
Red

Good Afternoon,

I have contacted Walbrook and confirmed this is not true, unfortunately, anyway I'd like 2Bn;-).

"The page doesn’t exist but I am aware of someone who has created an image that looks like a bidstats disclosure but is fake."

"The Government haven’t posted the Contract Award Notice yet."

ATB
Red

Steve777/Mikethai, no problem, your welcome:-).

Symbo1: I agree. I think the SP will be aggressively moving up prior to RNS.........my preference (please Colin).......1635 Friday 12th RNS and all weekend to hit the news and an SP explosion on Monday:-).

Good Afternoon,

I emailed the following 3 questions today to Walbrook and received the responses ("A") and just sharing for information. Nothing new really but perhaps confirms feedback I think others have shared on BB/twitter:

1. As I recall Colin advised that he expected the Mologic TT to have completed either as a ‘Christmas present’ but more likely early New Year ‘gift? Has there been a problem? I appreciate that this can be a complex process but as we are approaching the end of March I am concerned there has been no official update.

A. Mologic Tech Transfer – there is no problem and this is still progressing. We don’t have any more information to update on the process. Obviously when there is news we will announce it.

2. MHRA Home use ABC test: Could you advise if Abington are still working with the MHRA to gain approval for home use? When I listened to the Webinar given by Chris Yates (admittedly just my opinion) he seemed to be playing down the significance of this (home use) and seemed happy to just promote the professional use channel. I understand they are also still liaising with the FDA for approval in USA?

A. MHRA home-use – the last update we have from Abingdon Health was from their Interims where they said: “In addition, Abingdon Health continues to work towards the approval of AbC-19™ for home testing in various jurisdictions” – we don’t have any further information or news on this.

3. I understand it is the responsibility of DHSC to publish details of the contract awarded to ODX by close of play tomorrow, Friday 12th March (albeit they have not always been complying strictly with such deadlines). Have I understood correctly?

A. DHSC public disclosure – it is our understanding that this information needs to be published within 30 days, but this is not a process that Omega has any control over.

ATB

Red

Thanks Tricky,
I know its been said before but I'd like to think we may see a TR1 for an I.I. soon
ATB
Red

Recommend looking at their web site.

Have added their "Covid19 Services" tab.
https://screen4.org/about/#

ATB
Red

Good Morning Greg,
Thanks for taking the time to share your forecast.
I think line 2 should be £6.656 not £66.56?
Wish us all a good week
ATB
Red

PART 2

I would like to take the opportunity to highlight one part of the report when considering the global shortage of available vaccines and the understandably well received gesture of the PM to offer surplus vaccines to poorer nations. Importantly the report stresses……”The initial data from the study being performed at the University of Birmingham supports the rationale that vaccination programmes could benefit from determining an individual's antibody status not only after vaccination but also prior to vaccination Should these results continue to be seen in further studies, and with other vaccines, this demonstrates that the AbC-19 TM antibody test could potentially assist in patient stratification and resource management in overburdened international healthcare settings.”

As an NHS Volunteer myself I would be grateful for reassurance that the government/DHSC are fully aware of the enormous benefit this UK ABC Antibody test offers not only in utilising vaccines only where necessary (i.e. it determines a person’s need for a vaccine by establishing if they already have anti-bodies) as part of the current vaccine roll out (including offering a degree of ‘understanding/status’ of those who have decided to decline the vaccine) but also the vital means with which to fight this terrible pandemic over the coming years. I understand the DHSC are in negotiations to secure the supply of this test for the duration of this pandemic and will be relieved for confirmation accordingly.

Best Regards

Thank you Bushmaster.
The ABC-19 Test seems 'front page' news today (i.e. increased tweeting by both ODX/ABDX) so hopefully an indication some positive news to follow soon.
ATB
Red

PART 2

I would like to take the opportunity to highlight one part of the report when considering the global shortage of available vaccines and the understandably well received gesture of the PM to offer surplus vaccines to poorer nations. Importantly the report stresses……”The initial data from the study being performed at the University of Birmingham supports the rationale that vaccination programmes could benefit from determining an individual's antibody status not only after vaccination but also prior to vaccination Should these results continue to be seen in further studies, and with other vaccines, this demonstrates that the AbC-19 TM antibody test could potentially assist in patient stratification and resource management in overburdened international healthcare settings.”

As an NHS Volunteer myself I would be grateful for reassurance that the government/DHSC are fully aware of the enormous benefit this UK ABC Antibody test offers not only in utilising vaccines only where necessary (i.e. it determines a person’s need for a vaccine by establishing if they already have anti-bodies) as part of the current vaccine roll out (including offering a degree of ‘understanding/status’ of those who have decided to decline the vaccine) but also the vital means with which to fight this terrible pandemic over the coming years. I understand the DHSC are in negotiations to secure the supply of this test for the duration of this pandemic and will be relieved for confirmation accordingly.

Best Regards

PART 2

I would like to take the opportunity to highlight one part of the report when considering the global shortage of available vaccines and the understandably well received gesture of the PM to offer surplus vaccines to poorer nations. Importantly the report stresses……”The initial data from the study being performed at the University of Birmingham supports the rationale that vaccination programmes could benefit from determining an individual's antibody status not only after vaccination but also prior to vaccination Should these results continue to be seen in further studies, and with other vaccines, this demonstrates that the AbC-19 TM antibody test could potentially assist in patient stratification and resource management in overburdened international healthcare settings.”

As an NHS Volunteer myself I would be grateful for reassurance that the government/DHSC are fully aware of the enormous benefit this UK ABC Antibody test offers not only in utilising vaccines only where necessary (i.e. it determines a person’s need for a vaccine by establishing if they already have anti-bodies) as part of the current vaccine roll out (including offering a degree of ‘understanding/status’ of those who have decided to decline the vaccine) but also the vital means with which to fight this terrible pandemic over the coming years. I understand the DHSC are in negotiations to secure the supply of this test for the duration of this pandemic and will be relieved for confirmation accordingly.

Best Regards

Good Morning,
I have had some communication with my MP last year on the basis that I was a blood donor and wanted to highlight what I saw as an opportunity when donors give blood to be tested for anti-bodies (this was before any vaccines) so that those testing positive for having anti-bodies could have their blood potentially used for those at risk.
Following the news yesterday I decided to again contact my MP, to acknowledge the efficiency of the vaccine roll-out operation (which everyone I speak to has been extremely complimentary about) and to feel I have done something to highlight this positive UK development.
I like to think what I said is accurate, does not upset those that maybe of differing political views and I am not deluding myself that it will make a material difference.......it makes me feel better when communications from companies is not as forthcoming as I would wish.

EMail today.......
Good Morning,

I trust you are keeping safe and well.

First of all I would like to take this opportunity to commend the Prime Minster (PM) and government (in conjunction with the DHSC/Military/NHS) on not only the Mass vaccination programme but having the foresight to secure supplies of vaccine which was always likely (and is) to be limited in availability. Hopefully this will go some way to restoring the electorate’s confidence in the PM/Government in the overall management of the pandemic, which in fairness, all governments have struggled with.

It is obviously great news for the UK that one of the first vaccines to be introduced was that developed by the Oxford/AZ team.

The purpose of my e mail is to highlight the news yesterday from another UK success, that of the UK RTC (it’s formation encouraged by the PM to significantly develop and expand the UK diagnostics industry), whereby the lead member, Abingdon Health shared the results from the study by the University of Birmingham
https://www.lse.co.uk/rns/ABDX/data-on-abc-19-as-cdx-for-pfizer-biontech-vaccine-9ys7jh9f79y6e2d.html
which confirmed that the UK designed ……..” The AbC-19TM rapid antibody test was effective in demonstrating the immune response of patients to the first dose of the Pfizer-BioNTech COVID-19 vaccine”. This anti-body test has already been recognised to work with the Oxford/AZ vaccine as it was developed in conjunction.

Part 2 to follow

Part 2

I would like to take the opportunity to highlight one part of the report when considering the global shortage of available vaccines and the understandably well received gesture of the PM to offer surplus vaccines to poorer nations. Importantly the report stresses……”The initial data from the study being performed at the University of Birmingham supports the rationale that vaccination programmes could benefit from determining an individual's antibody status not only after vaccination but also prior to vaccination Should these results continue to be seen in further studies, and with other vaccines, this demonstrates that the AbC-19 TM antibody test could potentially assist in patient stratification and resource management in overburdened international healthcare settings.”

As an NHS Volunteer myself I would be grateful for reassurance that the government/DHSC are fully aware of the enormous benefit this UK ABC Antibody test offers not only in utilising vaccines only where necessary (i.e. it determines a person’s need for a vaccine by establishing if they already have anti-bodies) as part of the current vaccine roll out (including offering a degree of ‘understanding/status’ of those who have decided to decline the vaccine) but also the vital means with which to fight this terrible pandemic over the coming years. I understand the DHSC are in negotiations to secure the supply of this test for the duration of this pandemic and will be relieved for confirmation accordingly.

Best Regards

Good Morning,
I have had some communication with my MP last year on the basis that I was a blood donor and wanted to highlight what I saw as an opportunity when donors give blood to be tested for anti-bodies (this was before any vaccines) so that those testing positive for having anti-bodies could have their blood potentially used for those at risk.
Following the news yesterday I decided to again contact my MP, to acknowledge the efficiency of the vaccine roll-out operation (which everyone I speak to has been extremely complimentary about) and to feel I have done something to highlight this positive UK development.
I like to think what I said is accurate, does not upset those that maybe of differing political views and I am not deluding myself that it will make a material difference.......it makes me feel better when communications from companies is not as forthcoming as I would wish.

EMail today.......
Good Morning,

I trust you are keeping safe and well.

First of all I would like to take this opportunity to commend the Prime Minster (PM) and government (in conjunction with the DHSC/Military/NHS) on not only the Mass vaccination programme but having the foresight to secure supplies of vaccine which was always likely (and is) to be limited in availability. Hopefully this will go some way to restoring the electorate’s confidence in the PM/Government in the overall management of the pandemic, which in fairness, all governments have struggled with.

It is obviously great news for the UK that one of the first vaccines to be introduced was that developed by the Oxford/AZ team.

The purpose of my e mail is to highlight the news yesterday from another UK success, that of the UK RTC (it’s formation encouraged by the PM to significantly develop and expand the UK diagnostics industry), whereby the lead member, Abingdon Health shared the results from the study by the University of Birmingham
https://www.lse.co.uk/rns/ABDX/data-on-abc-19-as-cdx-for-pfizer-biontech-vaccine-9ys7jh9f79y6e2d.html
which confirmed that the UK designed ……..” The AbC-19TM rapid antibody test was effective in demonstrating the immune response of patients to the first dose of the Pfizer-BioNTech COVID-19 vaccine”. This anti-body test has already been recognised to work with the Oxford/AZ vaccine as it was developed in conjunction.

Part 2 to follow

Hi BigJock,
Thanks for update.
Do you know why the TT is taking longer than indicated by Colin (i.e. Xmas/NY). I thought there had been mention we would produce Mologic first (under our brand) and then switch to AVCT when/if approved?
Thanks
Red

Good Morning GHPGTM,
Exactly same experience with Interactive Investor this morning and I am going to look and see if there is someone better.
I had both a buy and sell stuck in queuing system (not ODX trades) and gave up with phone call after 15 minutes.
ATB
Red

PBoo,
I completely understand that but maintain that as I monitor trades and have been buying throughout the last 2 days it is more likely a buy, so suggest we agree to disagree.
ATB
Red

Good Morning,
The transaction before, a 'sell' for 2,937,380 was my buy, so I suggest Heid is correct and the 14m 'sell' was also a buy.
ATB
Red

Good Afternoon,
Of the 4 late 'sells' just reported 2 x15ok, 1 x 156k and 1 250k and having checked range at time of transaction the 250k for ££207.75k and one of the 150k for £126k are buys (IMO), just for info. if you don't have access to all trades listed.
ATB
Red