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Dave: I think it will be stupid for DB to plan any placing at current SP. He will give some good news to spike the SP first, like he did last time round.
Personally, I don't think there will be any placing considering the company is debt free. I am sure it will be easier for them to secure some loan instead.
Maestro: Indian medical care practice is interesting from what hear from colleagues. CT chest is used as diagnostic tool for most Hospital admissions because PCR takes a day or two to give results. CT cost is around £30 but patients are billed for £80 as cost of PPE is added to it! And patients have no choice here and have to pay.
POC will be great product for individual hospitals (and there are millions of those in India) to get results in 15-30 minutes, saving cost of CT scan but we do need all the approvals. We do need a good distributor there. Fingers crossed.
Jace: you are actually right that the next news can a bad news and I would rather not see that rns released. POC not working??? I doubt that. You wouldnt take it further if the test is not working. POC PCR is GDRs core business and they have proven this for other diseases. I dont believe that POC not working will be a possibility.
BC not able to sell anything?? I dont think it will be 'ZERO' sales but how much remains the a big 'H' mystery.
Risk: it is frustrating to see SP stuck at this level but I dont agree with you that it will go down much without news. It looks like the current MCAP doesn't include any revenue from Covid PCR. AIHL has potential of 50m + at best but currently we can assume 5-10m/ year business and increasing with time. Add few millions more from HCV and MOD which will be long term as well. Potential income of 10m/ year can justify current MCAP. So I think we are stuck with 60p - 80p range for the timebeing.
Any news on Covid side will be additional revenue and should increase the SP accordingly.
EU deal: (guess) 20m: Add 30-40p
POC: possibly same as EU or more
EUA: potential to take us over £2 but when
I think DB was in the same mood and belief as we were in March when he said 'it's a boom time!' I hope he is in better spirit than us and cheer us up soon
Starr: the problem with India is that they have PCR tests made by local companies that costs £2-3. The labs make most of the money. No one gives a damn about how accurate they are. I personally don't see much happening in the Indian Market. I am sure Davoc will be the same. DB knows about this hence he clearly stated that the company's main focus is western countries.
It will be interesting to see what they have achieved in EU market in last 3 months. I doubt that there will be any news about it until the next trading update.
Can't believe it has been 2 months next week since we have gone under water! Hopefully not for long.
Punter: you keep pointing out that Covid is over and these shares are dead.
On the other hand, other shares are down because of the excuse that Covid crisis is ongoing and there is no end in sight!!
One of the opinions has to be wrong. I leave it for you to decide.
The whole market is going through sh*te at the moment and looks like one of those 'May sell-off' season. No winning horses at the moment. But of course, there is a chance to move your money from one company to other if you think the other will recover sooner. I am keeping my bets with GDR for the time being
DaveMcManus and team: there is no point in constant watching of SP as nothing is going to change until we have some news. I have my opinion, target and patience. Also better things to do than getting frustrated first thing in the morning. No RNS at 7am is frustrating but nothing now doesn't mean never. It will come at some stage. You guys keep watching the screen...
Sad but this is what I said before, there is no boat missed on Covid testing. It will be routine practice to do testing for certain group of people like Hospital patients, air travellers. We may see the number come down now but come the flu season, every cough and cold will have covid test atleast for this year and possibly next.
The tests will evolve than what we have now and that is why BC is pushing GDR to be ahead of others in coming months and possibly for few years. I also believe that the profit margins for all involved will have to come down as well. This is another reason for Danaher to get rid of middleman.
Good luck Dave. I have to say, your decision to take loan out to average down last time round was very risky, especially where GDR was last year. I nearly tried it this time but something inside told me not to. Can't gamble like that. I don't think you will need to average down much this time round.