Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Why would NCYT offer more? effectively the alternative is likely administration by year end for YGEN, good luck trying to raise cash in this environment and with an SP of around .2p if this offer is rejected. I agree it's not a good deal for YGEN holders but I (and others) suggested that YGEN holders sell @ .5p and buy NCYT when the deal was anounced with NCYT trading @ circa 50p, they would have made a further 60%. There is zero chance that NCYT will offer any premium remotely close to that on the existing offer. Sadly there's going to be a lot more of this to come for holders of cash strapped small caps.
The wife has it, tested positive saturday, feeling sh@tty. The father in law is in hospital and she's been there every day for the last 4 weeks, it's nailed on she picked it up there as they were doing deep cleaning protocols on the ward earlier in the week and wouldn't tell her why. Now she can't visit him until she tests negative (her choice) and he's unlikely to be leaving hospital as he's 88 and it's a palliative care situation. Good job we had some boxes of tests still knocking about.
I had to do a double take when I saw the RNS yesterday, the feckless board has finally got off its @rse and done something. Agree with most of the sentiment on here, the company is clearly comfortable enough with its position regarding the dispute to now go ahead and start spending.
What's interesting to me is that this is taking place in the middle of the Covid public enquiry, are we about to see some evidence come to light that finally puts the last nail in the coffin of this dispute? The committee is empowered to compel testimony from whomever it chooses, regardless of whether there is an NDA in place.
Is it a bad deal for YGEN shareholders, yeah probably but there are very few players out there swimming in cash so the chances of a counter bid are low imo. If YGEN shareholders want to get some revenge on Rees then buy shares here and vote against his appointment/ratification, institutional interest is close to zero so unless the company undoes years of malaise in that respect then it would actually be very easy to give him a final kick in the gonads. If institutions do finally decide to get involved here then you'll make a handsome return which will make this dissappointing turn of events an easier pill to swallow. I take no glee in watching other shareholders getting done over, the fee agreed looks very convenient for one YGEN board member in particular.
The money we've spent here repesents only 20% of the money we're counterclaiming from the governement, nevermind the £80m+ we currently have at the bank. We didn't need to grow organically to £100m pa, we simply had to put the money we have to work and christ it's taken them an eternity but it seems the wheels are finally turning.
GLA
Haven't posted in 6 months as frankly haven't had the energy or interest to waste on this shower of a BOD, it comes as no surprise that they couldn't even muster 5% of shareholders to vote for their self serving resolutions. I've voted against both reappointments and all renumeration. Additionally I'll be voting against any attempt to ratify McCarthy as well if that's slipped in as an extraordinary resolution before the AGM.
Their attempt to hold yet another virtual AGM just went to show their cowardice and utter the contempt they have for what must now be around 98% of their shareholders, considering institutional involvement is now close to nil.
I am praying that both the director reappointments and the renumeration resolutions are overturned as it is the only way this clown car of a board will get the message.
Around £85m in the bank and they've done SFA with it to deliver value of any description to shareholders, for which I hold James Wakefield firmly responsible. His job first and foremost is to represent the interest of ALL stakeholders. He's not fit to hold the position.
As for the Biosensor, their latest bit of vapourware - I'm reminded of a Mark Twain quote 'A gold mine is a hole in the ground with a liar at the top'. They've delivered nothing, absolutely nothing in 2 years and I see no reason for that to change. I'm holding now simply to vote against their interests.
All the best
@wilson63, seems that truant lad has bunked off and made his Twitter private. Can't imagine why :-)))
Imagine shorting this @ 100p and potentially looking down the barrel of an 80 point loss by 8-30 tomorrow morning. It's enough to make you feel sick. Sleep tight my furry amigos.
Concerns over accuracy of tests due to accelerated covid mutation in the last 12 months. Spike mutations will have a particularly negative impact on antigen tests leading to significantly reduced specificity and sensitivity. Single gene PCR tests will likely come under increased scrutiny as well.
https://twitter.com/FDADeviceInfo/status/1608494104354390018?t=G-rO1Hf2CrVdPN8EAdg5xA&s=19
@captainswag, the wave in China is being driven by BF7, very little sequencing data coming from China hence the testing clampdown so it's difficult to know whether xbb1.5 is having any impact on the current wave. It will undoubtedly end up there though.
In the meantime 350m Americans are sharing it freely among each other and hospitalisations are at a 6 month high. It'll be either xbb1.5 or ch1.1 hitting the UK in January, my money is on the former considering the growth advantage it's enjoying in the US.
Yeah, 1.4bn Chinese are just going to throw more petrol on the variant bonfire.
Anyway happy new year to all
The next wave won't arrive from China, it will be XBB1.5 and it's already here courtesy of our friends across the pond. Massive growth advantage over there compared to the current dominant lineage in the UK.
As for testing and China, all returnees to China will require a negative PCR conducted no more than 48hrs before departure, so there's business to be had there and elsewhere if the bod get off their fat overpaid asses after the break.
'There are cheap lateral flow tests available with similar accuracy to pcr now.'
No, there really isn't. PCR is an order of magnitude more sensitive than the most sensitive lft on the market. Lfts are quick and cheap but absolutely no where near as accurate as PCR. We have both though so it's all good.
The Tories love nothing more than a good old fashioned u turn. The US says jump, we say how high?
https://twitter.com/Steven_Swinford/status/1608871250075549697?t=u5qmdBpGLwoZcmKSmrbRxw&s=19
@larry. Thanks for the cdta link yesterday. I'm going to assume we're the mugs who fronted up £250k to put 7 tests through the process. No other company has that many accredited assays. £250k to be jerked around from pillar to post for over a year, we should be demanding a refund from these clowns.
If only you'd followed your own sage advice instead of getting sucked into a ramp, watching a profit disappear down the sh@tter and draining on about it, boring the tits off us for the last two years.
Imagine what you could have done with the time you've wasted posting here, day in day out.