Member Info for SneakySimon

* 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........

Isn’t it interesting that the Abingdon RNS is the same but also has more info on the results of the trial (which were very good) yet ODX omits this data - no reason I can think of to omit it when it is so positive - annoying

why is Colin providing info about the company in this way - they pay Wallbrook for PR, do it that way. I would prefer formal updates - I don’t hold a six figure holding to be given company info by some mate of Colin’s down the pub.

Really is not a professional look.

why would it be delayed?

For a wild guess, it didn’t start until later in December than we think and remember, Mologic only CE’ed the test right before Xmas.

TT will come soon - I suspect the confirmation its complete, govt approval and orders will all run pretty close to each other

I personally don’t think it can be the AVCT test we will be doing for the following:
- AVCT test can’t be CE marked (Mologic is)
- AVCT wxpects CE marking etc end of March
- that would then need to be TT’ed which would add some time on to the manufacturing

Fact is that Omega tweeted about producing 2m per week in April suggests that will be Mologic - I also suspect by June there will be 3 soverign tests - Mologic, AVCT and Surescreen.

Aberdeenman - I 100% agree

They send out broad RNS's that it is obvious more detail is needed and like today, the impact on the SP. They had a whole weekend to figure this out (the impact to SP of the director sells) - would not have taken someone with a bit of foresight to provide an update on the reason - a quick tweet by Walbrook this morning saying all is good does not really cut it when down 8% already.

Really need to stabilise the SP movements to increase PI and II interest - just clarify, thats all - more details.

"I predicted last week the gap was starting to fill, support should be around 72p let's see if it is hit tomorrow."

Lets hope it does not hit 72p as that would be yet another naff day!

Ok, lets look at this another way.........

Does anyone think 4 directors would say 'oh shoot, we are about to do really badly and the SP crash - quick, lets all sell our options before the PI's can sell and hope the FCA does not notice this insider trading"

I have had a theory for a while that both the antigen and the antibody are for the same customer govt (DHSC) - not be surprised if it has been said to Omega to focus on antigen and go back to antibody at some later stage - 200k per week Abingdon can easily pick up.

Just a theory.....

early in the new year is pretty vague, but I think most people would class that by at least end of March?

"We have to wait for a TR1. I think they could have sold their remaining shares actually."

Does it matter if they are?

Fact is, the RNS yesterday did not clarify much - questions I keep seeing
- which test will we manufacture
- what will the profit be
- when will TT finish
- if govt is loaning us equipment, does that hurt our P&L and if so, how much by?

They then added that current financial year is a bit naff and sold hardly any Covid related items despite predicting a few months ago a decent year.

Then to cap this off, we get FINNCAP with a very conservative report on revenue and profits!

So the sell off is understandable IMHO until some details are known on the antigen side of things.

Additionally, silent on the TT - I like a lot of people expected it to be done by now. Likewise, the UKTRC test - 14th Feb is a key date - nothing on that either (appreciate it has to come from Abingdon but I am saying generally we have no news on this area)

Thus, I see the sell off people derisking - we could be in for a month or two of lack of clarity which I feel like we are in a perpetual state of with ODX sometimes!

Way I take it is the Mologic test is here and in progress.

ACVT RNS'ed the other day about a collaboration - I take it that they may combine the affirmer from AVCT with the Mologic test, though this is some way off.

In the meantime, we TT the Mologic test and then can change if needs be later on.

"It is the use of the past tense that is interesting it sounds as though they are now capable of 2m a week"

I don't get that, there is still snow outside yet some of the equipment still has wrapping on?

GDR has triple bagged in 30 days or so - if you look, they have had a mix of red and blue days......

Shocking I know, but shares don't only go in one direction - bit of consolidation around the 90's is fine until the next move up.

Relax and enjoy the ride - 1st of Feb we hit 60p

Kevin, this isn’t exactly what they said at all.

Roche also do pharmaceuticals which have reduced during the covid crisis as routine medical has reduced - they expect that to increase in latter part of 2021.

https://www.roche.com/investors/updates/inv-update-2021-02-04.htm

I would assume PCR so they can track both if they have covid but also which 'version' - they seem pretty nervous about this South African mutation