RE: Fair Value £1.13 Simply Wall Street23 Mar 2022 07:00
Having slept on it and taken a step back after receiving the news yesterday that the possible deal with the US DoD is now almost certainly dead in the water I’ve decided GDR is still a company with a couple of very strong products, one of which we’ve recently been told is going to be rolled out in the UK NHS and has interest from several other countries. That interest will quite quickly become global and the potential income will be significant! This, together with the fact Covid could spring up at any time and become seriously problematic again for all countries, makes me excited for the future with GDR. The 31st March is, after all, an investor presentation, so I’d expect DB to be making a strong case for people to invest in the company, not accentuate all the negatives. AIHL alone, if taken up pretty much globally will give GDR income levels within two years of £50m+ at least. There is no competition for the product so perhaps even countries such as India and China, the most populous on earth, will purchase AIHL kit - there are plenty of private health companies in these countries which serve their respective middle and upper classes so even that market is large.
If the sp falls further today I won’t panic, I’ll buy a little more and hope that Budd gives us the potentially great news on March 31st coated in optimism and laced with positivity!