Member Info for Retireby40

It’s been pointed out that Paris was in and out of auction for the period in question and allegedly some large accumulation took place. If that’s the case a TR1 might drop. Anyone with over 3% should declare so some 2m shares or so. Possibly more than one entity accumulating if that is the case.

Ah fair enough. Cheers Park and best of luck.

You referring to me Park? I haven’t posted on that board for a while.

But GDR doesn’t have a product yet let alone approval or production and will be competing with AVTR which looks a better bet. Govs want testing now (hence Cambridge lab tie up) not in a few months. Worth a punt though but it’s about the here and now.

Given the amount of news due I’d prefer several RNSs rather than one monster one as it should mean a better and more gradual appreciation of the share price.

Tomorrow Saudi FDA and depending on how the day goes a 3pm update on sales/orders and including the US or if very blue leave that for the following day.

Maybe end of the week an update on the Cambridge collaboration and possibly new partners on board. Really intrigued with the US.

A fair question. I would think anyone ordering kits will be paying pronto as they don’t wanna fall down the pecking order as I imagine demand outstrips supply. I’d therefore think cash flow is okay and maybe they’re even asking for payment upfront who knows.

The last sales/orders update was on 30 March and it was nearly tracking £1m a day so has the market priced more than that in? So total sales/orders tomo should be £32m or is the market expecting more given FDA approval was given a week before that and more approvals been granted and of course WHO validation and the U.K. ramping testing. Can they meet the demand and what’s current capacity both internally and externally (US OEM?). Have they secured the materials for 18m kits and can they source more (outside of GSK AZN deal). A lot of news due.

Saudi Arabia will be wanting to increase its testing given it has over 10% more cases already today and over 10% more fatalities and sadly it’s only going to get worse. I assume an RNS on approval tomorrow but what else will it contain?

Total cases 4,462
Active 3,642
Recovered 761
Fatal 59

Active cases 3,642 +388
Recovered cases 761 +41
Fatal cases 59 +7
Updated 1 min ago

How about Priti Patel?! She’s even bloody worse!

Our ministers are shocking. Han****, Patel, Gove, Raab and Johnson.
We deserve to be ****ed.

Middle-East is becoming the strongest selling region, with orders of GBP1.6m (EUR1.8m) received in less than two weeks. The Company expects to sign further distribution partnerships during the next few weeks in this region

Ah good stuff. Best of luck on both (a have a nominal holding there but low 5 figures here).

You invested in AVTR without understand what they they’re looking to do? They’re not developing an antibody test.

Looks like Abbott are getting some stick in the US.
“Slow Start for Rapid Coronavirus Tests Frustrates States
Source: Dow Jones News
By Dan Frosch, Deanna Paul and Ian Lovett
A rapid test for the new coronavirus that was touted by the White House as a game-changing development has proved vexing for state officials, who say the federal government has failed to provide enough necessary equipment.
"It's incredibly frustrating," said New Hampshire Gov. Chris Sununu, whose state got 15 of Abbott Laboratories' testing machines for Covid-19, the illness caused by the new coronavirus -- and cartridges to conduct only about 100 tests. Mr. Sununu, speaking at a news conference, said most of the machines would sit idle until he could figure out how to get more of the cartridges, one of which is needed to complete each test.
"There was a lot of hype on this nationally," the Republican said. "To have 13 of these devices and no way to use them -- I'm banging my head against the wall

https://twitter.com/itvpeston/status/1248017938780688389?s=21

NCYT, AZN et al

Providing chemicals and PrimerDesign and Roce mainly the tests

Radio 4 07:14 just now. COO of Thermo-Fisher Mark Stevenson being interviewed about testing. It does appear the UK's sole source of reagents at the moment comes from Thermo-Fisher and it is imported from the United States. They've been ramping up production and hope to supply the reagents to the major hub centres to meet the government testing target of 100,000 a day.

Radio 4 07:14 just now. COO of Thermo-Fisher Mark Stevenson being interviewed about testing. It does appear the UK's sole source of reagents at the moment comes from Thermo-Fisher and it is imported from the United States. They've been ramping up production and hope to supply the reagents to the major hub centres to meet the government testing target of 100,000 a day.

I assume we’ll have an intraday RNS with sales figures, they do like putting them at the end of the day ahead of the weekend as they’ve done so before.
There’s No doubt the 30,000 tests a day coming through the joint lab in Cambridge is a big ask but they’ve agreed to it. Say they get to 20,000 first week in May and then 25,000 end of May it’s still bloody good for NCYT.
Let’s see what the sales/orders are looking like as the last one was circa £18m on 30 March so running at the same rate and excluding yesterday’s announcement it should be circa £28m if we’re still going at £1m/day.
With who Validation and the US OEM I’m hoping for more.

would imagine this collaboration will be mentioned at today’s briefing as they’ve got one of the world’s best uni’s, 2 of the world’s biggest chemical/Pharma cos and a U.K. specialist little-known diagnostic co who’s 1 of 3 on the PHE approved vendor list and 1 of 2 on the WHO approved vendor list.
As a result of then WHO approval I imagine all countries chemical manufacturers will be keen to support Roche and Primer design with reagents.

Sorry, you have to buy the shares in the new ISA you can’t transfer. So you either buy new shares in it or you bed and ISA existing shares (sell and repurchase but don’t do yourself as you might lose out on the spread).

Yeah have your bank/provider open a new one (May take a day or two) and then you can buy shares directly into it. If you only have £10k to spend you can bed the other £10k from existing shares.