The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Certainly a lovely climb up over past week or so...looking very good...assume they will be posting good results!
@Urraca - the lift button was purely an example of one of it's many uses [which has been banded about on this very same BB as one of it's uses and not one of mine]. My point was to highlight the fact that this is not a cure and that it does not kill the virus immediately as some on here seem to think it does. Yes in a perfect world people using hand sanitiser would eliminate the cross contamination, but as well we know not all people are that conscious.
I work in a 3 storey building with 2 lifts...who’s going to pay for a lift attendants for each lift...the land lord or tenants?? If thats the case then why pay for the extra d2p technology on the lift buttons???
I was just stating a hypothetical scenario to put the case forward that this does not kill Covid on touch may help the spread but is not a silver bullet!
More buys than sells....don’t believe what you read on here...I’ve bought many a time and it shows as a sell as my buy price is below the ask prices on here...so just be careful.
I owned this share for a while until the spike in jan/feb then sold at a slight profit.. I have continued to watch this company..I know this have been heated on here recently but let’s just take this example and by no way I am ramping/deramping this company and it products... I think that if any plastic can decompose to nothing is a benefit to everyone...
Ok here’s the example...
1. Somebody goes to work and goes to the lift and unbeknown to then they have COVID and cough near the lift and the residue covers the CALL button [I have used this as an example as OXO42 has used this as a use numerous times] and enters the lift.
2. A few minutes later another worker presses the call button to go up to work...unfortunately they possibly have COVID on their finger and if they touch their face then possibly passes to them...
3. More and more people turn up for work and they press the CALL button and they are infected also...
Now let’s state there is no difference between bovine COVID and COVID-19 [it acts the same way for this example...as some clearly believe it does!]
The statement from the company states that d2p reduced the virus by 98ish% within 24 hours...now how many people have pressed that CALL button between a normal 9-5 working day and have been infected??
So yes it clearly is an advantage to the fight for any virus but it’s not a magic bullet..:it doesn’t kill it straight away on contact..
We need to keep things in perspective and this is NOT a Covid killer as some might suggest outright..
I believe the company is moving in the right directions and has some good products, my only concern is that they have been supplying most of these products for years but struggling to gain the orders and legislation from governments Etc...let’s hope good things come of this as there are a few companies out there trying their best to bring normality to life!
Hi kernowlad, know what you mean and yes it has always been volatile, I have been in this for years and so far I have a nice profit, but looking at its performance lately, I might be joining you and when/if we get a nice rise then I might be out as well for a bit.
Seaking1, I'm not sure about the lawsuit, that has been in the public domain now for some weeks now and my take on it, it wasn't a pending lawsuit as they didn't know when the announcement made whether it would go that far or not?? I'm surprised with the drop today as I thought the 1st day in the FTSE250 might have been more positive - see how the day progresses.
What's with the 14% drop since the high 2 weeks ago, possibly the extremely basic Q3 notification?
Hi Weathergeek, not d2p has not been proven to be effective against viruses...yet!!
This is a quote from an announcement a few weeks back:-
"Symphony has initiated tests by an independent laboratory to determine whether they are also effective against viruses, and tests will be run on the COVID-19 virus as soon as a specimen becomes available. However, it should be noted that until such tests have been completed and verified, there can be no guarantee that Symphony's d2p technology will be an effective barrier to the COVID-19 virus".
The dividend will be paid this Friday, it was approved at the AGM in April.
a quote from the RNS " Whilst FiltaShield is currently only available in the UK, we will look to roll out this service in the U.S. and Europe in due course."
MDJM
How do you know they knew about this issue in March, there is nothing in that statement that states when they became aware of it only that it has been found out subsequent to year end and since they have not had time to fully investigate due to the " very recent timing of this issue being identified"; I wouldn't say it was day/weeks ago, but that is my view?
The results were not due out in March anyway they were originally to be announced on 23.04.2020 and then moved to today!
Surely RNS/results would have to be checked by the companies solicitor before release anyway - but as you say you've messaged the FCA so I'm sure they will look into your concerns and you will be selling out soon enough.
I agree Jarv55, this could only be positive news to get companies back out of lockdown - I hope they have made the government aware of this service!!
MDJM, the notice reads:-
"Subsequent to year end the Group identified an issue regarding an aspect of certain process development work performed on behalf of a customer in 2018 and 2019 which potentially could give rise to a material claim against the Group. The Group has been in communication with the third party but is not yet in a position to verify or validate any information relating to this matter due to the very recent timing of this issue being identified."
It does not state the customer [third party] came to OXB in 2018, it states OXB have identified; SUBSEQUENT to year end a possible problem and contacted the customer [third party].
Therefore I read into that they have found a possible problem this year [very recent] that happened in 2018/2019 and informed the customer of the issue [the customer may not wish their details to be published at this time?] - that is my take on the issue and I agree with you that if the issue had been identified in 2018/2019 then they should have made an announcement at that time, but that is not how the announcement is worded?