RE: Locked and loaded here9 Oct 2020 23:24
As you say ‘locked and loaded is probably apt’. However, I personally am never locked. I had no problem selling here when things looked misleading and then bought a decent amount when my research told me otherwise and the SP discounted the hype. So never locked! My views always change with data. Some peeps don’t get that. NP, hold and hug is also a tactic to achieve the same ends.
Talking of data...
“Certifications & Trials...
Once the first Virolens® machine commences production release in the coming weeks, the CE marking and MHRA approvals will be awarded to the machine. Once this milestone is achieved, we will be fast tracking other local country approvals. The FDA approval is currency in process.”
They are very confident, note the reinforcing use of the modal verb ‘will’. However, I expect delays, that’s just how it is. Don’t change the story. Imo it will overrun a few weeks minimum, always does. So be prepared for another buying opportunity! Just don’t sulk when it happens!
A real juicy bit would be having any knowledge of how much is in the escrow account. Guess we’ll never know. Actually it’s not a guess we will never know! But you gotta wind back, think of the lead-times and look for clues!
TTG has already produced the components to meet the prototypes for customer evaluation. It has therefore already produced the volumes needed for MHRA and FDA approvals which are based on a number of machines not one machine. The way sales pipelines work is that you have to be ready to supply a rush following approval. TTG therefore has produced a number of components for iAbra so they can meet their ‘exceptional demand’. They will have urgent customers with escrow deposits, Heathrow, a guess Carnival? Etc
A trading update is due in November, we should get some decent guidance then. And as I have said the downside is mitigated by the tester not being in the sp. However, one should use the match ‘covid’ lows as a risk benchmark.
For those unfamiliar with my posts I try and call it as I see it even if I am invested. I adapt my views to news, macro or other forces even TA!
Most BB’s are full of sycophantic rampers, desperate shorters or ‘piggy backing’ PI’s stunned by the headlights!
Anyways I will do my best here while the BB is nice and quiet? even the TA shows 260 is back on! Hopefully, I can help a few of those PI”s stuck in the headlights. I did pretty good with those following elsewhere; even at 4D they would be 200% up now on their FREE CARRY if they sold half when I did!
I could go on but this is about TTG, a really decent company with great prospects and a massive left field upside!
Trek
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