Member Info for wmullen

Yep, this is so under the radar. Been here a while quietly accumulating. Just waiting for the hordes to arrive and the then the party really starts :o)

I don't have any sort of background in the science to determine if the Virolens technology is for real. So here's my take on this:

The bull case:

1. The test has regulatory approval. Would this happen if the results data was poor?

2. Tech giants Dell and Intel have thrown their weight behind this technology. Would they really get involved if it were a scam? One would presume they have done their due diligence.

3. The Heathrow trials seem to have been a success with the airport CEO voicing his approval. One would assume they tested a significant number of people during that 3 week period to get an idea if it works. If the data had been poor would they really have proceeded with the regulatory approval process?

The bear case:

1. Very little is known about the start up iAbra behind this. Seems a bit far fetched that a few guys could develop this technology themselves, where well funded global behemoths have so far failed.

2. The press release in September and subsequent put down by the FT did not help the PR case.

All things being taken into consideration, in terms of risk/reward I feel this is definitely worth a punt. TTG is a solid, growing business with the current price being a reasonable reflection of the prospects of the underlying business. The downside if Virolens fails is not huge in my opinion, maybe 15-20%. Now, on the other hand if this takes off, the upside is multiples of that.

*I have a position.

Technically I'm looking for a strong bounce off 30p as confirmation. There has just been a breakout from a Wyckoff Wave pattern, but it needs that confirmation. Fundamentally RBG looks like one of the stronger operators in the sector, and I'm sure there will be a huge pent up demand that needs satisfied once restrictions are lifted (hopefully summer).

Tentatively long at this point.

I think it is a little bit underwhelming given all the positive noise which has come from the company stretching back a year. Solid, if unspectacular progress, with Killi still not wrapped up. The market is reacting accordingly, but no denying the underlying value here.....just need a big outer.

Yes, tried a dummy sell and looks like the MM'ers are desperate for shares. This is very tightly held, Rigg (John Christopher) holds almost 30% alone.
This has always been a solid (if unexciting) little IT company with strong fundamentals. The blockchain move could be the game changer.

Looks like it's entering a Stage 2. Cup and mini handle and now today heading higher.

Very strong balance sheet and strong consultant utilization rate plus possibility of contract wins in the offing.

I work in this space myself and the sector is bullish.

Looks to me like a perfect storm of technicals and fundamentals - I'm in.

Yep, with a Biden win and more Democratic fiscal stimulus on the way, POG is ready for lift off again and GDP with it!

GDP is effectively a high quality, low risk play on the Price Of Gold. Once POG starts moving again this will follow suit.

General market correction and short term weakness in POG is not helping. Long term I have no doubts.

Yes indeed, great to see some strength here today despite overall market weakness.

I too am a long term holder, been in and out over the past number of years. Never doubted the value here, but it's only since January this year that the market really seems to have woken up to how undervalued GDP actually is.

Looking at the chart the obvious consolidation range is 8.3-15.5. Long term I expect that upper end of 15.5 to be easily surpassed, given the improving fundamentals of the business and strong POG in the face of excessive monetary stimulus.

Yep.....lovely hammer candle

Look at a monthly chart of GDP.
An attempted Cup & Handle breakout in Nov '17 which failed. Now we have another one, almost exactly the same size. Sitting right at the breakout point. Volume on RHS of C&H is way more than on previous one. If this can consolidate above 8.30 watch out.....

The technicals on this are very strong.....every time it breaks out of a range there is a surge in volume with no historical resistance to hold it back.

On the move again....need a break above this flag at 8.50

GDP has been undervalued for some time, but since the trading update in Jan it's been on a re-rate. Covid was a blip, but we have since recovered, and I guess all eyes are on the update this week which will determine the next leg.

MM'ers are hungry for stock this morning.

Looks like it. Something brewing ahead of RNS later this week?

Totally agree with all that.

But the board being quiet I will take as a positive - shows that the masses have not really woken up to the potential here and the explosive gains are yet to come!

Fundamentals look excellent.

Technically a break above 80 will be very bullish

Strong buying....