Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I predicted Good News soon and todays RNS Final Results is Good News indeed !
Despite a market in absolute turmoil following Brexit , Covid-19 Pandemic and a war started by Russia we have still made a profit ! We have no debt and we have a positive cash balance in the bank of just over £1.8 million and made a profit of just over £1.4 million without selling any of our assets !!
The jewel in our crown is Paraytec with the game changing rapid Covid-19 test device and it’s variants including cancer detection and pathogens that cause sepsis. All of which are either being tested futher for efficacy and futher developed by our partner Sagentia who have 30 years developing medical grade instruments and brining them to market.
The future is bright ! The future is Braveheart !!
StarKnight
Morning Castley
Excellent post ! Covid-19 and it’s many variants is here to stay just like influenza is. The reason why Flu cannot be irradiated permanently is because of its dynamic nature mutating into new variants and so is the same with Covid-19. Therefore Covid-19 testing will be required globally for many years into the future. New strains which may be more deadly and infectious than the current Omicron variants may emerge and so our low cost rapid test which is almost as accurate as a PCR test ( but only in 5 mins ) will be the most sought after test globally. !!
Good Luck All
StarKnight
Well who knows what might happen in the full year results RNS due any day now !! Maybe a Special Dividend Shhhhh !!
The buyers that were interested in the Covid-19 version of the Paraytec CX300 are also interested in the Sepsis version of our device.
We are teamed up with Sagentia Innovation which are part of the giant Science Group , who are developing the CX300 for mass market release as far as I know. Sagentia have a good reputation in the medical device manufacturing sector so we are in very good hands.
See link to Sagentia’s website
https://www.sagentiainnovation.com/
StarKnight
There you go again !!
Hello all
I have heard from the great Professor Carl Smythe ! I asked him the following last night .......
Hi Carl are there any further developments you can speak about the CX300 device ? There has not been any news for a while now and the SP is further declining ! Where are we at ?
He replied yesterday .......
"I’m sure there will be an announcement shortly. We are very busy!"
So there we have an explanation on the lack of news for a while !!! They are very busy !!
News on the clinical trial of the CX300 device from Paraytec is due soon,plus Braveheart's full year end results are due any time now as they were filed approx this time last year.
I expect most of the profit will come from our great investment Kirkstall !
Exciting times ahead !!
StarKnight
Halma do everyone a favour and sell out and get out ! We are all fed up of your'e constant deramping and gloom !
Hello all
Big drop in the SP today now at 11.5 p ! looks like we may see 10p at this rate ! For anyone wishing to top up now is a good time !
We should have full year results any time now so for any new investors jumping in now will net you a multi bagger !
Good Luck All
StarKnight
The true value of this share is at least £1 and once the Sepsis Cx300 is released it will shoot way past £1 !!!
Is there an error here ???
Position of previous notification (ifapplicable) 5.52% Number of total shares = 130,825,042
Resulting situation on the date on which threshold was crossed or reached 4.83% Total number of voting rights of issuer =149,592,328
Forgive me if this sounds stupid but why would the number of shares held by Royal Canada Bank if reduced from 5.52% down to 4.83% go up from 130,825,042 to 149,592,328 ?
Apologies if this sounds dumb but does not make sense to me ???
StarKnight
Hello all
RNS issued at 15:08 today
https://www.londonstockexchange.com/news-article/TEK/notification-of-major-holdings/15479063
Thoughts ?
Hello all
Last full years results were on 18th June 2021 so as we are nearly in June 2022 expect the final year results soon.
Hopefully we will get an operational update as well on Paraytec.
Good Sentiment has been lost however once we launch the CX300 Sepsis based diagnostic and the Bladder Cancer version then the SP will be restored to new highs !
Good Luck All
StarKnight
Hi Weathergeek.
I have been in Tek a while too and was recently £2 grand in profit but since the SP dropped its put a large hole in my profit so taking advantage of the drop as it can only go North from here in my opinion. Yes waiting for the IPO of Lucyd sub company should send the SP up very fast.We are way under valued !
StarKnight
Hello all
I have just taken aadvantage of the bargain SP and topped up at 26.85 p. The placing at 25p causing the SP to sink to 26p should have been available to PI's however manged to get at a similar price. There is only onwards and upwards from here !
Good Luck All
StarKnight
The last RNS before today stated that all four portfolio companies were making revenue so why didn’t the BOD use that money for expansion ? Also why were us PI ‘s excluded from the placing ? It should of been done through Primary Bid if at all ! Totally unfair !!!
StarKnight
Happy Friday All
Here is why the future of driverless vehicles will need a telemetry system like Guident its ok to laugh though ha ha ha ha
https://twitter.com/llsethj/status/1512960943805841410?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1512960943805841410%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fnews.sky.com%2Fstory%2Fdriverless-car-starts-to-pull-away-after-being-stopped-by-police-12588083
Exciting times ahead !
Good Luck All
StarKnight
Fireblade.........Nice buy !
You are right it does not take a lot to get this going up ! News soon !
Good Luck All
StarKnight
Hi Castley
The market is in absolute turmoil with after affects of Brexit,plus the Crime Minister Johnson threatening to rip up NI treaty that he signed ! The Pandemic and Putins war in Europe ! The GBP has sunk to $1.22 I think we are heading into a recession to blow all other recessions out of the water !
I have never known times like these and it is all bizzare !
StarKnight
hobsy
I was using the standalone version which has had approx 18 updates in a year.I was thinking of going with ig as they have a Level 2 for approx £7 per month have you tried that ?
@hobsy1
I have been using Quotestream for a year and have had nothing but trouble with it loading. It has had many many updates and when Microsoft removed Java support for Windows 10 last November Quotestream failed.I told their support people the reason why and they said the program was not based on Java ! Then 3 weeks later they bring an update fix out to resolve the Java issue.The mobile Quotestream App only has USA and Canada stocks so useless for London Stock Exchange if you are in the UK as I am.They finally last week tried to automatically renew myu subscription without asking me ! and tried to bill my credit card for just over $500 I am glad to say I do not have all the hastle with their software anymore !
Can anyone recommend a good Level 2 program (That works and does not fleece you ) ?
StarKnight