The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Twix, IIRC, with the dates for the gov tenders, I believe Lyn said couple of days and corrected to a couple of weeks in the first brief presentation, and in the second presentation , said couple of months and corrected to couple of weeks!
Happy to be corrected if that wasn’t the case!
I was surprised to hear it and not for it to be RNS’d. I can’t see any reason why Lyn wouldn’t want to shout it from the rooftops in an RNS if he could, even if the partner couldn’t be named at this point.
My suspicion is that although the evaluation/ onboard is in progress - that the final signature on the dotted line is awaiting launch.
Anyway, good news that it’s happened / happening!
Hemo,
Getting back on topic now that most of the bickering has been tidied up by admin, what did you think of L1onhearts 08:49 understanding that terms are agreed but cannot be announced yet due to YGEN not being the controlling partner?
I'm sure Lyn would be absolutely delighted to RNS it once contracts are signed!
Dan, I saw some of that!
Let’s hope we can keep it “grown up” here - and people THINK before posting antagonising comments.
We are overdue a rise, let it happen gracefully!
Thanks laird & Phoenix. Let’s hope we get that blue week in style :-)
Laird, any chance you could summarise the article for those of us too lazy to walk to the shop?
If you pick £25 as the revenue per test & processing and 22k / week, that’s £2.4m pcm so it won’t take long to put a big comfort buffer on the annual revenue target.
To nail Q1 like that, even before the covid test numbers gained traction has really impressed me!
This is the most optimistic I’ve been since before the Illumina litigation landed and that’s a bloody long time ago!
The ducks are in a row - just need to pick them off one at a time now!
Pondfrog - I feel your pain - I’ve got some Novacyt too and am in the red there! With 91m cash in the bank against an mcap of 220m or so, and still pulling in revenue, surely they must be close to rock bottom by now!
Best of luck to you too!
Indeed .. Who can get us a Sunday Times mention?!
Just seen this posted on advfn, courtesy of IkeaDave
"YGEN get a mention on Zak's bulletin board heroes today - targetting 19p by end of the month!"
hTTps://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-friday-13th-august-2021-via-vox-markets/
Although I don't follow TA in it's own right, it looks like a few indicators are going to flip positive after the last couple of days which will hopefully bring some momentum to go with the more positive fundamentals.
First step, let's get back above the 17/18p resistance!
Looks like 5 MM’s on the bid at 13.5 (190k) but only one left on the offer at 14 (30k) … There are 6 on the offer at 14.5 (200k) so doesn’t look like it will take much for a tick up.
22k tests last week .. nice!
There's certainly someone around mopping up . I just tried a dummy sale and they'll take 500k shares in one hit at 12.64
I expect profitable this FY.
Why are you still invested?
Well spotted! It looks like someone missed updating the table header from the previous years report!
Twix, I'm not going to argue with a takeover at a sensible price. I've been here long enough to fully qualify as a glutton for punishment too!
I do think there will be some boost to travel as things ease - whether we get transformational amounts of testing is clearly yet to be seen, but, on the flip side, as covid disruption eases globally, it *should* help core business growth return and perhaps pull in those delayed contracts.
... but if anyone offered 25p+ tomorrow, SOLD!
Top that glass up Twix - make it half full at least! ;-)
£6m+ in Q1 has been delivered - that is good, right?!
The "over £6m" was only up until the end of June and we were told Q2 has started strongly, so we will already have 6 weeks additional test & lab revenue. There are a few more weeks of school holidays left and I expect there to be greater demand from autumn / winter sun chasers in Sept, Oct and Nov as holiday destinations open up - especially since it hasn't stopped raining here!
they have also made a £1.6m boost to inventories . At a guess, that's 300k-500k tests? That implies we're not the bottleneck on the Boots / MHC "out of stock" saga.
Given the crap of the last year ... a £6m+ Q1 with increasing momentum is one hell of a relief!
Eato, no, I can’t tell you, but I’m sure the analysts will be asking those questions at their 9am meeting today.