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Agreed, June end is the most likely timeframe for us to receive the initial results as that’s what SGS have stated. However, with the “last patient out” date arriving earlier than most expected (May 12th), this is what has raised hopes of early initial results
But regardless, if we have to wait then we have to wait. We’ve waited this long, what’s another two weeks or so :)
GLA
The window of time for the double blind SGS Covid trial initial results is now open. The could literally land any day over the next two weeks :)
We’ve seen higher trading volume this week, new faces on the board and SGS becoming active again on twitter; all positive signs while the UK market as a whole is down
We just need JN to break the silence, do what he does best and land a monster RNS to reward our patience and dedication
Good luck all
Taken from January 26th RNS:
"Triad Group Plc is delighted to report that, as a result of recent successes in winning new business, the Board expects that results for the second half will be significantly ahead of the same period last year"
The financial results last year landed on June 18th. I believe that the board may have misused the word “significantly”
I have a feeling that the sellers today settling for 0.08p are going to be rather disappointed with themselves in the near future, for two reasons
1. The opportunity to buy back in below 0.08p before results is extremely slim, meaning they’ll be “locked out”
2. The chances of the SP rising before results (providing a better selling price) is extremely high
Patience pays, as we all know. But hey, people have their own reasons
GLA
Hi GG, some users on this board get a bit eggy when others predict the SP potential ;)
Personally i think 1p isn't out of the realm of possibility if the SGS trial is successful
We have a tried and tested director who has already produced multi-baggers, and he's structuring Vela in the same manner
There are some useful threads and users on this board which will give you some useful info, but remember to always DYOR
GLA
News from the SGS covid trial expected as early as tomorrow, maybe even an update over the weekend
We've seen good pressure so far from both the buyers and sellers, but once the sellers have cleared we should push on nicely into close
GLA
This should get you started, but of course always do your own research
Vela has zero debt, over £2 million in cash (25% of our Mcap) and produced a profit of £417k by the end of tax year 2020
James Normand (of AAA) become director in August 2020. Since then he has re-structured the company, sold off some deadwood and made new investments, creating what I think is a well diversified portfolio
The SGS oral Covid treatment trial is JN’s heaviest investment (£2m) and we are currently awaiting the “initial results”
JN has topped up on his investments in Mode Global Holdings and Cornerstone FS
Kanabo, one of JN’s most recent investments has proven to be an instant bagger, of which he has withdrawn his stake (plus profits). The remaining KNB shares are worth the approximate value of £200k
He has also made investments in the technology sector. MTI Wireless has recently had it’s IPO and Aeristech is awaiting it’s IPO
The chart is also looking pretty good for those who believe in this kinda stuff, haha
https://www.tradingview.com/x/JQQzh1aJ/
Good luck all
For those of you who believe that the chart is irrelevant, I guess you'd say that this was a fluke ;)
I've been saying this for a couple of weeks now and have received mixed opinions, but regardless of your initial thoughts you cannot deny that this has gone exactly as I predicted... and long may it continue
https://www.tradingview.com/x/JQQzh1aJ/
Good luck all