Member Info for TPKart

If you're referring to the tick up, I think it is! I've just bought some more!

Newuncle, yes it felt like I'd been out too long. The charts are looking good, nice support at 27-28p so looks like it ready for a move up. Plus we haven't had seen many RNS's recently and we know there's a lot going on behind the scenes with the China Resources discussions/various potential government deals for Mictotox PD/the new centre of excellence in Ireland they're hiring staff for as well as all the Skin Trust Stuff and more, so I expect we'll hear something on one of the many fronts soon. Last time we had exciting news it was bouncing around the 40p mark so we could see something like that again, and hopefully if anything big lands then we'll finally break through that pesky 41-42p resistance. DYOR, GLA.

I've been out of here for a while, but started building my position again today. Happy to be back!!

WG. It's possible of course, although the average conversion rates for websites is normally around 2-4%. 10-15% is considered very good so 60% would be unbelievable. There's nothing wrong with an optimistic guesstimate though. :)

Weathergeek, those are interesting stats, although where did you get the 84,000 test sales figure? Are you confusing the bounce rate with a conversion rate? A bounce rate "is an Internet marketing term used in web traffic analysis. It represents the percentage of visitors who enter the site and then leave rather than continuing to view other pages within the same site." Even so, a bounce rate of 40% is still regarded as very good.

A nice RNS . Our well placed position in the market with Boots look like it's only going to get stronger as the government tighten regulations and crack down on dishonest companies. They may have expected something like this, and therefore foresee the strong sales to continue which could explain the reason why they're holding back on the new products for the moment. Our market share just got bigger. Looking forward to the next trading update. I wonder if we've seen the last of the high 2's?

Nice research LondonMarket, so our potential market gets bigger on Monday then, especially China! That'll keep the sales flowing after the summer period. I wonder if they'll RNS the UKAS accreditation on Monday.

Agreed Bakky, I don't know why they can't bring out the new products at the same time as fulfilling the PCR orders. There is such a thing as multi-tasking. :/ Let's hope they decide to go ahead with launches before January.

LP, don't get me wrong I'd love it if WG's double revenue prediction was correct.

Yeah doubling would be a big ask. I'd be more than happy if they sustained May/June levels as don't want expectations too high. I'd prefer a pleasant surprise as appose to just expecting crazy high sales. (May/June was the definition of crazy high when you think about 2020 sales).

Mafioso, I suspect that's because they didn't have any sales figures to report on previously (H1 2020 £12k). With the massive increase in revenue I would speculate that they will do a trading update in early September to report on the summer sales. Just a guess but it would make sense if the sales have continued the way they were in May/June.

Without meaning to sound selfish, I hope this stays this low for a tad longer so I can continue to top up. Saying that I've just bought a couple more and it raised the ask on the first purchase and now going to NT after my second, and yet easily getting quotes to sell for much larger amounts so not sure how much longer it will last. Great to see that they're still selling 100+ a day on Boots. Good luck all.

Ha smudge I just read it.

Also, just looking at the reviews, it looks like a constant stream of new reviews every half hour. Considering a lot of people don't bother reviewing products they've bought it's another good indication of the level of sales they're getting!

True, but they were selling over 750 a day from the figures in the last update and now there are more people flying. Obviously it's all speculation but it's looking positive through my eyes.

Yes I was thinking that Zombie , saying that I check the counter when I wake up often and it still says between 10-20 people currently viewing the tests at 6am onwards, so I would say more like 17-18 hours a day (currently 55 people viewing as I type this).

That's a good point Smudge. Also, is the sales counter just for the single test sales? There's also the X2 bundle and X4 bundle, and I'm assuming most people will be going on holidays in groups, so the online numbers could be much more. I need to be careful not to turn into a damper here, I'll stop.

Moore/Paul,

I've done some very rough calculations to figure out the price to sales ratio. This is used for newer companies that aren't in profit yet so only have revenue to go by. Here is what I got (it could all be wrong obviously).

Market Cap 27m + debt 0.34m / 30m revenue = 0.911 PSR.

Now according to my research anything below 1 PSR means it's good/undervalued (except a few sectors), but here is where it gets interesting. I was looking at the average price to sales ratios for different sectors (could only find these figures for the US so if anyone can chip in with UK figures feel free). The average PRS for companies selling healthcare products is currently 6.94, which means you could multiply the market cap by 7.6 to bring the PSR in line with the industry average. So if they did a revenue of 30m going by these figures the market cap could be just over 205m.

Obviously this is speculation, and could be just plain wrong, and is assuming they make 30m. But what if it's right? :O And even conservatively if they made 15m rev, then that still puts the market cap at over 100m! Anyway I'm getting excited now I should go to sleep. Anyone please feel free to correct me on any of this.

This is also assuming the sales stay as they are. It just depends on how long people will need to buy the tests for holidays etc. But then there are all the other products to keep the sales flowing once the focus test demand dies down. I agree this is a great investment (or I wouldn't be here).

Paul don't forget that that's only the website sales. They're selling them in hundreds of stores across the country as well, even if it's 1-2 per store per day that's an extra 500+ a day, although I suspect some of the larger stores in the big cities will be selling much more than a few a day.

Ha Paul I had the same idea. I had 10 purchased in last 24 hours at 17:55. 21 purchased at 18:55.