Member Info for roger65

This is GDR and Budd’s weakness: they’re not good at selling anything and the market knows that. AIHL will be a success but until there is concrete proof of this or the Covid products being sold then the wider market will not fall for the same trick as on previous occasions. No crazy rush here until we see some sales figures in black and white, and if those happen not to be very exciting then I don’t see the sp doing anything exciting for a while yet. CTDA would be nice but Budd has said more than once (and recently in the presentation) that his focus is on the EU and not the UK.

When did Novacyt submit their application and when did they hear news? Remember there is now a backlog as mentioned by Budd in an RNS when GDR applied and he said there was no time frame.

nothing major is going to happen here without confirmation of sales. I gather from some posters that it takes time to put a purchase contract in place so maybe we're not going to hear anything for another few weeks. I'm hoping CTDA will finally arrive in early May and will help restore sentiment having had our bubble burst over the course of this week. Frustrating that we can't maintain high 30s but patience will win out.

I agree entirely Hutesiman but my point - for the hard of thinking (tkevin) - is that until the specific figures or contracts are seen in black and white many investors will hold off. Only once we see an RNS or two released will the pis throw their cash in and, if we're lucky, we'll get the mcap up to about £100m. It would be quite something if we could manage that as that in turn would open the door to iis. I'm being uber positive here - again for those happy to jump on any opinion that may differ from their own and suffer from limited abilities of comprehension - but also realistic. I almost (almost) have some sympathy with Jace but that was all he could ever go on about and was never interested in talking about the potential positives of GDR.

Given the direction genomic testing is taking individual health care I actually think this could be bigger than any of us even dare to dream of at the moment. It requires many steps to be taken and the first is for Budd to deliver news on sales and prove to the investing community that GDR has x amount of contracts which will provide y amount of revenue going forward.

We need news of sales and revenue. At the moment we haven’t seen anything, not one contract for Covid or AIHL products yet. That’s why people aren’t piling in here yet. If we don’t get a significant number of contacts then a raise is not going to be far away or else GDR won’t be able to afford to even submit the AIHL machines and assay for FDA in the US. That requires a serious amount of money (c£2m?). We need to keep the lights on for another 6 months at least (another £2m+) and then in order to continue research and testing on the new assay for stroke victims we need another significant pot. If there are other tests on the horizon then they too will require funding to be developed. We simply have to have income to cover all of this or else a raise is on the cards. Maybe serious investors know this and are waiting before they pile in to see if GDR gets the revenue going to negate the need for a raise. No income and revenue, no serious money comes in until after a raise.

Budd has to deliver but for those who have been here for years rather than weeks we know all too well that he has the ability to balls this up big time. Sad but true.

One RNS with a significant amount of revenue from Spain (Covid PoC) and another for widespread adoption by NHS of AIHL proving sales and future income and then the pro investing herd will arrive and the sp will rocket imo. Once the mcap hits £100m then a host of new iis will come on board too so it’s but just a case of hitting £100m mcap and thinking we’ve made it. That would just be a stepping stone to the next level beyond that.

Come on Budd, don’t let us down!

Look at the Google chart if you’re in any doubt. Surge of buys, up it pops and once it’s10% up it comes back down.

All will be fine here but Budd can’t hang about for too long. He’s got a lot of work to do to regain investor’s trust after the last two years. AIHL is fully CE certified so can be sold anywhere in the UK NOW. We need to hear about the roll out in the NHS pronto to maintain this momentum or it’s just going to slip back slowly yet again.

Come on Budd. Deliver

The market won’t trust Budd again until figures for sales and revenue are in black and white. It’s as simple as that. That info will come but not as quickly as many would like. It means this will remain a day trader’s paradise until a good RNS with those figures lands. Patience is key here.

theperm: where are you seeing that? Looks like masses of selling to me. Nearly 2:1. Just silly ramping statements designed to draw anyone in to spend a few quid so you can sell out and make a few quid. I really despise the wild ramping every bit as much as the uber negative comments that seek out anything even spurious that could impact the share price negatively..

Time to switch off for a while now and await news. Have every confidence this will be in a very different position in a couple of months time.

Good points made in the few previous posts about requisite approvals needed and their relevant time frames. Just means this will take longer than we’d hoped. Thought after the tv coverage and widespread articles on AIHL there might have been a little more take up on the shares. Hey Ho. It’s going to go up big time at some point over the next 12 months. Just got to be in it when that day happens..

Nothing to stop NHS Trusts across the country taking the AIHL machines on now though as far as I’m aware as they can all make individual choices. Most will need to have approval from their respective bursars and decisions won’t be taken without going through budgets etc so again, take up might take a little longer than many hoped for or expected after last weekend.

Just home from a day out and must say I'm a bit surprised to see we're only up 26%. Better than nothing but that's not quite what I'd expected. Perhaps this is going to be a slow and steady climb north. Suits me and actually takes the steam out of having to make decisions on whether or not to take profit and then trying to jump back in a few pence lower.

It's clear we will need news of sales in order to convince the wider market that this will really do the business. An RNS with some sales figures for Covid POC kit in Spain and more hospitals purchasing the AIHL machines would be great. Would be fab to have some of the major London hospitals purchase machines as their patient numbers are much higher than the average UK hospital. The ongoing revenue will come from the tests carried out.

Still very positive. come on Mr Budd. Now that MF has shed his merry load you can release the real news of a major contract for GDR products. The CTDA is now only a matter of weeks/days off. By my reckoning it could be early May so only another 4 trading weeks to go and hopefully we'll be a little further north than 38p by then too with news of sales on both fronts.

‘ but the cash position is not favourable at the moment.’

I thought they had £6m in the bank with no debts!! I think that’s a great cash position. Fool

Numbers need slight adjustment.

80 - 85% of 90k babies admitted to NICUs will need antibiotics so it’s more like 72,000 babies will have the test. We’ve no idea how many machines will be sold but someone recently parted here that they thought about 550 machines would be needed in the UK.

Once this is all in place and the machines are adopted in the US and the EU (last time I looked the Netherlands was still in the EU…) as well as Australia, Japan, South Korea and all private health clinics dealing with neonates the world over the figures are going to be pretty eye-watering. It won’t happen overnight but I’m confident it will happen!

Lot of sellers who did buy from as low as 12p quite recently. This should head north soon.

Thing is, the previous wild rises were when we were in the grip of a global pandemic and the world needed urgent solutions to the problem of testing. The potential for sales was astronomical and GDR had good products but were much too slow to market. Even now the Covid products can only be sold in the EU . Sales are on the way, esp in Spain, so there is still hope for good revenue from that.

AIHL will also provide revenue but not in quite the same rush that Covid might have done. We now know for sure there will be significant sales income from AIHL and the tests but it's going to be more of a trickle over the next year. As it gets taken up by different markets all over the world the sp will definitely get over £1 but for now we have to be patient and let the day traders out and profit taking happen.

I'm in for the long haul but let's see if we can hit 40p and stay above that first before talk of a pound. Patience folks.

Anyone able to see what the pre-open looks like? According to LSE here the ask is only 32p! I'd be staggered if we don't hit well above that very quickly.

‘nothing special’??

Sorry, that didn’t make sense. To ensure the safety of workers by making all take a test. If a worker went ill or became seriously ill the insurance companies are saying they won’t pay out on policies unless companies can prove they’ve had proof that workers have turned up for work having been properly tested and proven to be negative.

Once insurance companies get involved - as in Spain - to ensure the safety and validity of positive cases I can even see GDR's Covid POC kit being in huge demand here in the UK. There, I haven't said that before.

* correction. last two years! Just feels like three...

I think your view on tomorrow's share price action is totally reasonable and i wouldn't blame anyone for taking out profit after the roller coaster we've been on these last three years. I first bought in at £1.54. Makes me wince to look back at the charts and realise how badly I timed it. I've stuck with it though and got my average down to 43p and actually, thanks to the drop all the way to 11p, I've now got a significant number of shares. It will be seriously difficult not to TTMAR if this hits 70 -80p tomorrow so I'm personally hoping there will be some more comms from GDR and team and IHC and the NHS to help keep the momentum going and sentiment buoyant.

If I was short - and I never short any stock - I would be absolutely terrified now and doing/saying anything I could to try and undermine confidence to halt the rise of the share price.

tkevin - take a bow. Good luck for tomorrow. If we do close at 32p tomorrow I will offer a full apology.