I said this morning it’s too risky to play this share. People been burnt on the sell off .. hold at least until the next RNS and decide then
Fingers crossed ..
For thous that believe , 911 code hit
Don’t be sad , there was always going to be a spike this morning it was to be expected. You are correct in what you say and we have a product and with the JV it will happen. The price you got in at will be soon be forgotten in a couple of weeks and you will be happy with the buy. Anybody getting in under 2p will be very lucky. People are correct to be cautious and rightly so as the past has not served us well. However , it’s not the same and I for along time didn’t think we would get here. The only way we could have got here was through a buy out or JV and it’s happened. So I’m extremely happy with the progress and its going to be an interesting couple of months
Looks as thou people would have set stop losses at this price anticipating a rise to 2p , looked at lvl 2 and it looks like a lot got triggered. It’s going to be like this until news arrives with order confirmation.. people are on edge as past history hasn’t served us well.
This statement from the RNS before the we had Fridays , we have a new facility and we have the team to do the job now. He hinted in this RNS and to be honest these deals he mentioned are definitely going to be a done deal now ..
“ In order to reduce the cost of sale, a UK and overseas network of distributors is being established to supply masks and related products which incorporate this advanced patented technology. The Company is witnessing heightened levels of interest in the current market following recent international and Government guidelines. At the same time the Board is aiming to review and renegotiate existing contracts, including the Company's previously notified contract with VKE where to date 45,000 masks have been delivered from the initial 250,000 order, to incorporate into this new international distribution network. In addition to this, the Company plans to target the HVAC market and increase marketing and social media activities considerably.”
I was thinking over the weekend and looking at the RNS last week which we all found disappointing , however tied g the two together we could actually have contract news this week.
He said they are reviewing old contracts and renegotiating new terms , well this could mean they couldn’t provide the amounts before as they where too large but now they can. This new facility isn’t going to be sat there doing nothing for over a month. Something is coming soon
I said yesterday it my own opinion but I don’t think it will be long before they introduce new health and safety measures for air quality within business. They will have to meet a new criteria that involves having filters that reduce or kill the effects of COVID. It makes sense instead of them shutting all the the time
Happy days Sharkie !! Hope you have had a few beers
No worries , extremely happy for everyone. We all have opinions as that’s why we are here
Truthfactory , it’s what I said over a month ago. They had to go either down the road of sell the company or a JV. It’s a huge step in the right direction. If the manage to set up another plant here in the UK within the next 6 months then this could really be a 10p plus compnay. You will also have bigger boats watching now and big offers for the compnay could come in next year. India news may just land next week along with other contracts they mentioned in last weeks RNS
Joke of a company , no one is interested at all in this share. 87% loss on this company. Was lied too by the old BOB , new BOD has robbed us and has given us nothing in return for helping them over the line. Absolute joke of a share .. stay well clear of this BS
I usually say it’s a pump and dump , however looking at the size of some of the trades coming through it may be genuine. Unless the P&D crew are being adventurous it’s not the kind of trades going through like the last P&D .. some one is accumulating in chunks of 10k plus
Goes on I think the government will make it standard ( industry standard ) for all indoor venues to be certified with a new air quality grading which will see the need for high quality air filters such as Covid / Virus killing filters to be installed in businesses especially theatres , nightclubs where ventilation is often poor. Obviously they have ventilation systems already but I think they will need to be to a certain grading / standard in the future. This is Just my opinion but it’s seems logical
On a recent study conducted and how much the government is looking seriously into new technology such as air filters
https://www.leeds.ac.uk/news-health/news/article/4953/can-air-cleaners-reduce-covid-19-in-schools
Apologies, bad meaning badly timed. Correct info was insightful but not what people was expecting on the back of a 40% rise. The lack of confidence it’s created hasn’t helped. If they would have just informed the market we no no reason then as annoying as it would have been peoples confidence wouldn’t have been shattered as much. They advised they where working on potential renegotiations on contracts , that’s a matter o days / weeks to do and they could of held of most of what they said until then.I agree after rereading it a few times now it does give a good insight on what lies ahead. Wether they can deliver is a different question , until then I remain on the fence however slight more confident in what may lie ahead
The RNS was dreadful absolutely, however I believe the RNS was a response to the 40% rise. They had to send an RNS to justify the rise ( pump and dump ) they have had a lot of interest of late from the FCA and over the last year. I know I as enquired myself not long back. For them to sit back and say nothing would indicate possible wrong doings. I believe the statement they should have said was “we know no reason” instead they tried to put a positive spin on it and it backfired. Mark has been quite for so long I don’t believe the RNS sent justified the reason he has been so quite.
I think this ties into what Sharkie posted yesterday , part of the mission statement of magnesium health is the following “ Magnesium Healthcare has identified that too often the cutting-edge, groundbreaking technology out there is overlooked in favour of the more traditional, slower, outdated, inferior science and solutions by local and National Governments” we know rob kenworthy is the founder and CEO Ai diagnostics so maybe with these extra helping hands and suppliers we may get some extra guidance that is need. ( this is an opinion and not an fact that this happening , the link is both companies are actively promoting and selling our products )
Well Rob Kenworthy the co founder is also the chef executive of Ai Diagnostics and he’s doing a good job promoting our products on multiple sites and his own social media pages