Member Info for risehall1

Just listening to them now. Korea are doing 100k tests a day, we can only do 10k per day. Government say they are planning to ramp up testing to that level.

Those in China who lied and covered this up should be held to account. It's not under control at all.

If there are a lot of competitors trying to enter what is essentially a new market, "tests for covid 19" that is because it is potentially a very large and lucrative market. It may be in time that one or more products come to dominate the market, but getting in early can be a big advantage. The thing that interests me most is licensing deals which will enable Novacyt to rapidly scale up production. The more tests they can make the bigger the market share they can grab. We want to be shipping millions of tests.

If it is taking five days to get test results back and they are only testing people who are seriously ill or with links to places like China, the figures may be all wrong. They should be testing everyone with flu type symptoms.

That is exactly what I was going to say. Gold now down 2.9%, everything is tanking.

The tie up with a US pharmaceutical co could really set this on fire as well. Based on our market cap, this still has the potential to multibag from here.

Everything seems to be falling including gold. In 2008 the gold price actually fell, that was due to central banks releasing gold reserves to stabilise the financial system following the credit crunch and the collapse of Lehman Bros. It quickly rebounded very strongly, same thing may happen this time round. This coronavirus pandemic could not have come at a worse time for the global economy, debts are higher than they were in 2008.

Apparently they are ordering 300 million masks. How many test kits will they need?

If you click on Contact Us it gives two offices, one in UK and one in US, has the US office just been added? I did have a look at the website previously but don't recall primer design having a US office and contact number.

People said the same thing about Apple and Google in the dot com boom and we all know how that turned out. One thing is certain now there is going to be massive demand for coronavirus testing kits. A week ago to have claimed such a demand would have been ramping, now it is a fact.

Good for shareholders, bad for mankind!! Better get those profits banked and spent before we snuff it ourselves.

There is going to be massive demand for testing kits. This is unreal.

https://www.telegraph.co.uk/news/2020/02/25/mass-testing-uncover-spread-coronavirus-britain/

Daily Telegraph reports UK government says it plans to introduce mass testing fearing cases may be more widespread following what has happened in Italy. Expect s strong day tomorrow.

This isn't normal winter flu. Do young doctors and hospital directors normally die off with flu in winter like they have done in Wuhan?

Personally I don't trust the numbers coming out of China and would take them with a pinch of salt. They have changed the way numbers are counted more than once which sets alarm bells ringing. They hushed things up at the outset. If you believe that other authoritarian state North Korea there are no cases at all there yet they share a land border with China and do all their trade with China. Democratic South Korea on the other hand reports over 800 cases.

No winter flu doesn't usually shut the kidneys down nor does it kill doctors and hospital managers. This is one nasty bug and all of this has happened so suddenly it is more like a Hollywood movie than reality.

According to CNN as of an hour ago there are now 132 confirmed cases in Italy, 2 deaths and 1 recovered but the really shocking figure is of those ill 26 are in intensive care. All very well 80% only suffering mild symptoms, it is the remainder where the problem lies. The NHS will quickly be overwhelmed. Can you imagine trying to get a hospital built here in 10 days? The borders should have been shut weeks ago.

The FDA are notoriously difficult when approving drugs because of possible side effects. As this is a test that shouldn't be an issue, but in any event any competitor will have to jump the same hurdles. First to get approval may well seize the lion's share of the market.

With stock markets sat at record highs, there is going to be a MASSIVE correction in the markets if this turns into a pandemic. Car sales in China fell 92% in February. That sort of economic impact is unheard of. With levels of debt higher than the last credit crunch everything could turn to $hitte very quickly. Buy gold, buy gold miners, buy pharmaceuticals stocks, dump everything else.