Member Info for Rollyroll

Been very disappointed with the commercial progress and sold last week and this morning. Avacta still has good long term potential but I think we got carried away AS sales pitches and he failed to deliver. Wouldnt mind getting back in at a lower price, where would you be looking to jump back in, 175p or are we gapping down to 150p?

Airlines is not new news. It's obvious that was the 2nd largest customer after govs. So not excited by that, as we all priced that in ages ago. Until he says we have won an order with an airline, its a pointless statement.

GAD are able to manufacture now, doesn't mean they are spending money making sh'tloads of tests that noone has ordered to buy yet. Are avacta getting paid for what GAD are apparently making, nope, because guess what, june 2021 and noone has paid a penny for a avacta test. Fking ****

1m capacity- they haven't even signed the agreements, let alone done any TT, and its based on them having the demand. So this overseas capacity wont be for many months if ever.

Current UK 5m capacity he said will take months to ramp up to, again we haven't even got any deals to start production. Clearly no stockpilling (like some rampers on here were suggesting).

Only positive was he thinks our margin will be 1-2 euros. But his projections are worth nothing so lets assume 1 euro at best. The reality is without the UK gov and without self testing we aint hitting big numbers for many months.

Yep sold at 205. Very disappointed with the commercial progress here. 100% agree there is huge potential for long term investors, but short term this is going down.

A couple of months away from reaching 5m a month capacity based on demand. Wow looking at xmas then.

Craig that is months away. They haven't even completed TT with abingdon yet. What have they been doing all this time.

Tight margins. They cant compete on price. Until govs back avacta, the cheapest test wins. Sounds like we are months away from anything substantial here. Marketcap too high right now

Bit unfair junkie. How can I be optimistic when all the signs point to disappointment. I'll be the 1st to get excited if they land the orders. I'm just responding to how I see things without blind optimism. You think I want to post things like this is going to hit 210p ...no...but that was my prediction and it happen. You think I want to say we will get no deals before July, no, but that's where i saw us heading. You will find older posts of me saying this will be £5, but right now, we are miles away and I'm just reflecting on changing forecasts. We all have a right to voice our predictions whether they are good or bad. If i sound miserable it's because I am p!ssed off, ai was expecting and needing a lot more from this than what has been delivered so far. Excuse me for demanding my stocks to perform to my expectations.

He will talk about how difficult and slow everything has been. How potential customers are showing great interest and talks are ongoing (they are all already locked into existing contracts with other suppliers so we need to wait). Hopefully gets grilled to provide more info on ISO, existing relationship with mologic and what happen with the lower income country order via GAD, whats happening with UK gov. He has a lot of explaining to do, left us hanging with half complete rns's.

Just did be. Well half, lets see if it can pop to 250 on fomo and will sell the rest

6 months of giving him the benefit of doubt. Expected this to launch in Dec. Apart from orders, noone cares about his stupid presentation. We have heard it all before. Simple facts, how many orders have you got AS, where is the revenue, how much profit do you expect? Without any orders how can he answer these questions and not disappoint the market on monday? Blaming others won't cut it anymore.

Just being realistic. Hard to be optimistic when all they ever do is deliver whats expected a few months after its expected.

Hope so, but if they had something to tell us, they would have told us. It's looking more likely that he will be using the presentation to blame everyone else on why he hasn't sold anything.

It didn't set us back because we never had any orders signed off. Proven by the fact, that, currently, we have no orders.

We will sell everything we make AKA
We will only make what we are signed up to sell.
Currently zero.
We are talking to over 25 potential customers AKA
We have some leads but no LOI or contracted orders
Supply is the issue not demand AKA
Pure lie.

I've been sucked in time and time again.

The only thing ray holds, is his balls

In Boris's defence, he has had to deal with the 2 biggest problems we have experienced in pur lifetime. Brexit and covid. He got brexit done and a good vaccine rollout. Ofcourse noone is perfect, but this has been difficult. Many failed just as brexit. Whether you agree with his decisions or not, he has had the hardest job of any othe PM in recent history.

And what happens to the best, they get replaced by better. No point avacta being the best if we aint got any orders. When you're on top ypu need to seal the deal. He said we have the demand, where is it. Someone needs to sign asap before this tanks below 200p.

Our test is via mologic right? So where will this leave us