The job adverts had the hours finishing at 7pm for some roles so not hugely surprising to see some cars in Alva?
I am sure stuff is happening, we just don’t know what ??
“Hours: Flexibility required – Rolling shifts start at 7am and finish at 7pm, shift pattern of 3 days on/ 3 days off, “
Where does it confirm that in the 5.28pm rns?
“he second one clears things up, it confirms ODX are already producing, very possitive.“
L2 does not look great...........
A beautiful perfect storm:
- crap RNS on govt contract
- lack of clarity on timelines and tests which will no doubt take a while to confirm
- the govt update talks about late May timeline
- other covid stocks look like they are about to boom so be those shorter term holders to jump ship (I chopped some ODX to get into NCYT)
Lot of frustration and we have the reminder of how poor ODX are at comms
100% on the ABC updates or lack of
Same with when the TT started - that had to be got out of Walbrook - never known a company so bad at comms that after each RNS / Q&A Walbrook have to be asked questions
My frustration is not the company - it is with the communication and the poor quality therein.
You may want to look up what a CEO responsibilities are........
I don't want him to hold my hand, I just want him to write an RNS that isn't poorly worded - I don't think that is too much?
Hope Colin is looking at the posts on here are Twitter.
Fancy issuing an RNS that for the upside is quite plain "very encouraging" "indication of the substantial impact on Omega's future performance"
Vs
"value of future purchase orders may be substantially less than stated" and "value of our agreement is only an estimate"
What did they expect when you basically pee all over the positive news and then are luke warm in the positve parts of the RNS.
Hey Colin - a CEO's role is to maximise the SP - not kill it - any negatives destroy the SP, any positive news gets mangled and becomes a negative.
"Anyone for 15-20% Rise this afternoon..."
Not sure about that, but optimistic over the week that news will filter out and people absorb the news.
Couple of points Tonic:
1. We were a govt supplier of the ABC-19 test - we now are just another manufacturer of an LFT antibody test - which highlights how these things can change at whim
2. It matters to a degree - in that the Mologic test is going through TT which has lasted for at least 2 or 3 months - if we then have to start from scratch with a timeline of
As Colin emphasised (twice!) on his RNS, this is a maximum value and thus, the sooner we start selling the better.....
100% agree Archie - this (if true) is becoming a circus and to a lot of investors, something of a red flag. ODX pay Walbrook a lot of money for PR - it should come from them or RNS's.
Interesting that the Surescreen test is "nasopharyngeal" and "anterior " only - ie not saliva
Goldtrig - AVCT as ODX, always think it is is about their test!
Calm down Wallbrooke2021 - it was just a joke, don't get your pants in a twist!
knowing the weird curve balls ODX contract won't get announced for a year - we will then have lots of tweets that we are manufacturing 2m LFT per week, but can't say who to!
"Welshbwrmuda. My only concern is that the gvmnt takes back the loaned equipment. After their ends have been met.Hopefully Omega has already thought about that."
I wouldn't be surprised if they have an option to buy it back in a couple of years or so - whats the govt going to do with a 2 year old used LFT machine? can't sell it on Ebay!!
Definitely an interesting correlation between the number of tweets leading up to those options selling.........
oh well, onto another day - I have a love hate with this share!!
"MrIndia - If you are invested here surely you will know that the Mologic TT is not complete yet so we are not manufacturing an LFT test at the moment. I suspect you may already know this though."
Though I am all sure we are hoping ODX finished early January and will have a big backlog that once the Mologic test is approved, then they will drop an almighty RNS confirming TT, the sales and the ongoing manufacturing for UKGOV and making a healthy profit in the process..........
* this is based on 2012 figures.......
NHS is the 5th largest employer in the world - 1.3m employee's - top 5:
US Dept of Defence = 3.2m
China Army = 2.3m
Walmart = 2.1m
Mcdonalds = 1.9m
NHS = 1.7m
Keep up Tricky - the £75m contract was binned with only £1m being drawn down on due to challenges by the Good Law Project. Their are two £100m contracts sat out there open to tender - it is not a given that UKRTC will get either tender.
Filter me if you want - cold hard facts are that we are cranking up manufacturing and personel but it is unclear yet how that is made up and then, how much money that will actually make us.
Can anyone say with certainty on April 1st what:
- 1m govt capacity - which test + what profit
- remaining 1m - what is that to be used for - 200k for UKRTC maybe? 800k for Mologic maybe?
Etc
Tricky - wasn't giving advice you idiot - SP will continue to drop whilst no news is forthcoming - we know there is massive LFT demand - that is a known. What isn't is where the TT is at, if Mologic test will be approved at Porton Down, which test we will be making as part of the loaned equipment, if we get any slice of the govt antibody test
Fact is, I don't envisage in the next few days that that news will drop - just a theory. I only took 25% of my holding and have already made 5% on NCYT and I am pretty sure I will make a nice 10-20% on it - will then buy back into ODX and happy days.
I have held since April last year and have a strong belief in ODX (hence left 75% in) - all this talk about MM games is pathetic - simple fact is, people are selling as no new news with lots of opportunities elsewhere to make some cash.
Simple facts are - 2 things:
1. no news today and last few weeks have been pretty quiet aside from studies into the ABC-19 test, cute tweets which now have little or no impact
2. NCYT has hit a low and looks great for a move - personally, I have sold some of my ODX to make some money there (10-20%) then will probably buy back here. Risky some may say with news incoming, but we have talked about news incoming for months and still waiting........