Member Info for TrekMadone

I’m with you there Paul.

Very fortunately I managed to trade out of this one mostly buying TXP and later a lot of covid stocks but I am buying back in here now as I think we’ll get some news on revenues soon. I must say I have been very disappointed with the BoD, not a fan of AK but I did hold SJ in high regard having done well in back NPE. He has an amazing strike rate but I would have thought he’d have done a better job in coaching AK but then we don’t have the full story which leads me to believe this is a hands tied virtual NDA scenario where SAVE are silenced. They know full well if they break ranks they bite the hand that feeds them. Bad, not all bad, getting better seems to be the media tone hence my reentry yesterday. All imo of course.

Do you still hold that several million was it? What a buy that was at 11.9 from memory. I’m pretty sure if you still got them they will be in the money soon. Atb

Trek

Tsk Tsk, and how much are the decommissioning costs or is the market just stupid.

Trek

Before cv the sp here was going nowhere with book value of 19.7 ye 2017 drifting to 13.1(e) for 2020 due to falling sales and declining revenues. I am somewhat surprised ODX got a seat at the table based on their financial position, probably a bit of cronyism as much as skill, just my opinion. I’m not surprised to see Omega sell out for clients albeit they started before the MOU, mostly after the interims, they took the out on recent volumes.

One would have expected a lot more financial dd before the MOU. Sure they have a bit of cash having raised £1.6m after expenses in Sept, available from Oct 19 but this was for bau projects and working capital. Ebitda just above water going from .37m to .25m from finals to interims and the last trading update says ebitda will be in line with guidance of .7m. By the skin of their teeth if it does! They have already used 611k of the overdraft, remember they have sold about everything they can, ironically the infectious disease project to NCYT, and now they have a seat at the big table. CD4 has just got away in time but there is a revenue lag, not sufficient to finance bau so what’s the choice. Dip into more credit. £1.3m ish left or take advantage of the higher sp and raise.

The sp may have astronomical potential but at the end of the day the numbers tell a story. There is no finance in the MOU, doesn’t even mention that it’s been withheld for commercial reasons. Of course the UK gov will pay, they may have made a down payment but how do you quantity that, it would be here’s a few quid send us the bill later, at best imo. You cannot run a project like 5his on fumes you need the finances to underpin quick decision making.

I see this one as a similar story to GDR, loads of potential but a learning BoD that are kicking the finance can down the road. If you got a story the money is there, look at the accelerated book build from HZD Friday, the placing was announced at 11am and completed at 4pm the same day!

Until the finance pathway is clear this is uninvestable for me or at best a small punt. Remember the mou is for 6 months, a lot can happen in that time and then there’s just the 3 revenue streams to fall back on which really aren’t a hot stock growth story. Once they bit the bullet i’ll look in but for now my money is going elsewhere. Gla

Trek

I no longer hold a position here but keep abreast as may buy back in when the world becomes more mobile! This is an interesting lateral read.

https://www.marketscreener.com/news/Exclusive-Amazon-deploys-thermal-cameras-at-warehouses-to-scan-for-fevers-faster--30435260/

Trek

As long as that trip constitutes ‘for medical purposes or part of your daily exercise!’

Trek

Wasn’t this news out 4th February?

Trek

Hi Groover,
I’m with you and others in agreeing violently with most of the points made. But I also think there is nothing wrong with constructive alternative views especially if one can give contrarian examples which is what I have tried to do. Imo the worse posts are you wouldn’t wanna be, £1 by Friday, buys as sells etc, they don’t really challenge our thinking and decision making and there have been many completely erroneous posts on this bb, but it’s no different from the others. Anyways I am no guru, I’m just an aim survivor of 20+ years now, making a living from it and happy to help where I can.
Best to all.

Trek

Sorry groover down 11% here today and down 8% at HZD after a raise? But that was not my point if that helps.

Trek

Hi Groover, look at chart I bought HZD at 102, sp then ‘pumped’ by broker to get vwap up then they raised quickly. Oversubscribed, but they all say that. Point is bod here missing a trick. Anyways, thanks all as I’m not bashing I wanna buy as soon as, everything else looks good. If they don’t need to raise hats off to all here who will do very well imo. Nice weekend to all.

Trek, hic!

Just to show naysayers how QuickTake placing can be done. Check out HZD, accelerated book build announced at 11am today closed at 4pm today. As GDR are in such demand then why not the same here, get it over with and at a good price? Oh coz we got a few months cash left.

Trek

I am leaving to consume much needed alcohol.

Have a nice weekend all.

Trek

“I think avacta has placing shares hitting the market so that’s the reason for drop.” Really someone else that can’t read a RNS, the placing shares are dependent on resolutions being passed at the GM.... “Admission of both the Placing Shares and Subscription Shares is subject to, amongst other things, shareholder approval at a general meeting ("General Meeting")” so how can they be placed if we haven’t had the GM yet?

Look here’s one of the wall to chatter about, I think Mahmud Kamani, co-founder of Boohoo.com based on his experience of developing a European wide logistics network is going to help AVCT with B2B distribution of tests and that may include using the Boohoo European wide hubs. There ya go!

Trek

Trytobylow, Landsdowne and Link did not sell in the placing. You need to learn how to read a TR1. The x was in the event changing box so the reduction was due to the extra shares and if you do some research you will find that Landsdowne actually took up 4m odd shares in the placing.

Trek

I just bought back in 50k for now at 07.98 and the SP immediately dropped on google finance to 0.79. Nothing new there then! but at least I knew hadn’t bought the wrong company! Lol!

Trek

“This is an investment not a bet” perhaps but not for everyone. Look at the chart (I hope it loads) you got a lot of profit taking from the 40-60 run. Imo the BoD haven’t helped they should have got the placing out before Easter, now it could go to 39.5. I was waiting for a 52p placing. Thought that would be a great result now it could be lower or they’ll be relying on their credit cards! Not much chance of that! Waiting to get in but i’m not jumping in on hope, I need to see funding clearly signposted past this phase. BoD gotta step up on the financials. All imo but that’s what makes a market.

https://www.marketscreener.com/GENEDRIVE-PLC-4006926/charts/#

Trek

Yes you are right there is loads of news here to release, don’t forget update on AGX embedment, much of it maybe a reiteration of recent news but with some numbers now, and the finance and outlook is everything! Why do it this week though, better wait for a holiday week to pass. We are due year end trading update. These weren’t noticed last year they just arrived, unlike the interims which were notified in advance. Tuesday or Thursday next week quite likely imo and I suspect the BoD used the break to get a comprehensive dataset together.

This is going to be one very hotly awaited set of financials for such a small co. You got rapid organic growth to factor in and accretive benefits bearing fruit from acquisition not to mention no further one off costs (in 2019/20) on top of an already positive ebitda number of 0.3m. Could be positive to 0.75m at least if pay is controlled, remember it’s a cumulative result. Then the outlook which should be turbocharged with PHE and NCYT work plus don’t be surprised if there is extra supply side contract work, TF? They should have around £2m cash on books to cover up front costs but the contract should include down payment so cash will be fine and revenue run rate will cover pay going forward. For me like many others it the bau work that will be key, remember the results will look back so we won’t get that much of a hint from the finals but there is like posters have said lots of news to come from Netherlands, CE, France distribution and possibly MENA distribution as well. I haven’t checked yet if vacancies have been filled as these are key but other than that...Can’t wait!

Trek

I Probably a buy but we have had a 100/50k seller for a while. Not sure why the MM delayed posting the trade as there is plenty of liquidity atm. I never had any NT buys end of last week.

FWIW thankfully PB has more patience than myself and many others here. He may be sat on the results, oh he can’t do that I hear! Market sensitive! Yep, ok he may be sat on the results, fine tuning the RNS for release next week once people are back from the break. I thought we’d hear before Easter but once that wasn’t the case then it’s looking like next week and if so probably Tuesday.

Great timing as the US are looking towards mobility and the world, unfortunately, becomes accustomed to seeing these awful numbers, but the science and testing and social distancing especially for the vulnerable is kicking in and things soon become a new norm. That new norm will include looking at a huge gas discovery from a lowly MCAP and fully funded TXP that can supply much needed work, revenues and domestic energy to Islands that are about to have a massive GDP hit from tourism.

I’m waiting for my last monies to clear and buy in here today. With the rises across the board and the Covid stocks settling down this imo is the next big opportunity. All imo.

Ps it’s not a tip but an interesting play on resource for those interested check out YCA, look at the uranium graph. I stumbled on it the weekend and came up with YCA after a few days of researching uranium stocks. Not a tip but looks like a good punt for the next few weeks based on NAV lag.

ATB

Trek

Sorry should say AZN my iPad confuses Astra’s epic code with a gold miner!

Trek

Sit it out until next week, have a think over the weekend. Gilead have let news out, don’t matter what it is it’s news that matters, AAZ have even made press claims! Lots are jumping on to get attention. We raised at the right time we are the first away with clinical trials. What would help and I don’t know if it is a possibility would be to do a mass brief open label trial in one hospital in parallel. It’s the only trick I think, with my limited knowledge, we may have missed but I am sure the team will be pondering over the weekend what they can do. News about ppreparing manufacturing production lines would be a good one.

AVCT did a great interview on sky news, shows the attention that followed. We could also do that, but hey thankfully we are cashed up unlike GDR who have been kicking the funding can and will have to play catch-up at shareholders expense unlike the likes of LID who have let it be known that they don’t need money and have invited all the analysts to the unveiling of their results next week! You see it all varies from one CEO to the next irrespective of MCAP and in SNG we got a BoD that have played it pretty well so far and I am sure they will also show us that they can adapt to the changing competitive landscape as well. Make no bones about it the said unsaid here is it’s a race but a race across the line not up to it.

Trek

Confounded, if you type ORPH in the search box top left you’ll find your way. Good pick mind you, I have a few.

Trek