Member Info for wyndrum

CS, given the "delays" that have gone on thus far it does not seem unreasonable to think the various parties are going to have Christmas off. What's another few days after all? The civil servants have their own time frames it would appear. I have not bothered to keep up with other "Test" stocks but a weekend or holiday RNS is as a rare as a unicorn I believe?

I guess it will be next week then? although there are full days on the 22nd and 23rd they will be light and likewise the 29th and 30th will be a ghost town so any release to the market within those time limits look pretty unlikely imo.
5 workings days. the tension is "exquisite"!

If anything I think this is good news for eve as its product and main market is in the UK. previously we discussed if no deal would hurt us in the EU and we have a French office that negates any tariffs over there?
Further, a reduction in £ should allow export to the US market to increase competitiveness over there.
This looks knee jerk and unless I am missing something, all of a sudden UK manufacture based companies will do better than imported product. Presumably some UK sold mattresses are made outside Britain? Thoughts?

There is an extremely good risk reward on this stock currently from a chart perspective. As is so often (and weirdly) the case, the market comes back to give investors a second chance to get in. It has been around this level now for about 24 hours. It won't last forever.
I think there is a decisive move approaching soon (and yes it could go either way), but the odds from my interpretation of the charts and indicators suggest its upwards. (a break above 115p would only serve as greater confirmation that the re rerate has started.)

my guess is they won't be around today

Hi D, back to the fluid thing called "valuation" I guess. I have said I think right form the beginning of my posts here that the ball game for EVE (but any company) is a profitable business model. When the stock was around give ot take 1p it was on the basis it was going bust. And the only reason it was as high as 1p was because it had about £7m in the bank which gave it time to try one final go at turning the company around. The SP has gone up 4-5 fold since then on the realisation that there is now a very good chance this can work. But, its not there yet. Once the "market" is convinced that EVE has a model that will consistently generate more cash than it spends, then it will start on the road of a genuine re-rate.
What "investors" want from this stock depends very much on their timescale. 5 years down the track this might be worth 30-40p a share, but 5 years is a long time, nothing is guaranteed and within that timeframe there will be many, many ups and downs. Some will be happy to wait, some won't.
There are so many variables both with the company and the individual investor that it really is just a glorious guessing game clothed in "research and educated thinking". Well that's my take anyway!
Merry Xmas and GLA

I am not sure why PI's are so consumed by AS's behaviour toward them. We have done nothing for AVCT. Nothing.
We buy our betting slips from a broker and we sell them on to someone else when we decide the time is right. We don't ask AS's permission at either time and his company gets nothing from the transaction. If we were to make fabulous profits we would not even think of paying for his windows to be cleaned. It would all be down to us and our "cleverness" at picking out a bargain, a little gem. Some I am sure will/would dine out on that for ever. How "they" picked the winner out of the Covid Crisis.
If this is the first time you have been on the receiving end of misinformation, log it away as valuable experience next time round, and if it happens again to a company you have "invested" in and a bunch of newbies go off on one, then you can give them the benefit of your experience. Don't over invest, add 6-12 months to anything they say, and be prepared to realise they might not be as smart as they sound.

Marik, I don't think the SP is actually "falling off a cliff" but now the spread has closed this is a very good time, from a chart perspective, to buy. So I have.

Not really User, most small caps report twice a year and the intervening months are completely barren of news.
We have had more updates and profit forecasts in the last 8 months then you could reasonably expect.
I have been fortunate to get in and out at decent levels but due to the spread I think you always need to realise that dipping in and out would not necessarily make you money on this one. I too though would have expected a more positive SP reaction on the back of the last update and can only put it down to the fact that an overall profit is still not there yet.
If January can forecast a higher level of sales and profit margin then I think its 7p plus. Given where we are now you could be looking at maybe 80-100% return in less than 2 months? What more do you want (as a risk reward over that time frame)?

SJ, they are not going to raise CGT until at least april…….(you know there is an allowance as well don't you. I only ask because I am not sure if you have a tight enough grip on this aspect of the tax system....)

Well, it doesn't make sense OA. It s a very silly post.
As CGT is only 10% (or 20% depending on the rate of tax the individual pays), it still is worthwhile to bank profits.
For the sake of argument based on 10% rate, if the difference between selling at 102p to not pay any CGT, ie offsetting overall gains against overall losses), and 110p and that difference was £1000 then the CGT would be £100 but the seller at 110p would have £900 profit. So Apparently SJ is willing to forgo £900, for what exactly? to balance his books?
Perhaps its worth him getting professional advice. On the other hand, me and percentages…..

Taking CC at her word that is quite something to say. She must have tremendous faith in the company going forward. EVE is running at a loss, the whole shebang relies on it being a profitable business model, and yet she will turn away short term sales to make sure the long term is not compromised. You don't do that if you are clinging on by your cuticles.
That to me is a very, very bullish predictor for this stock. (just my opinion)

As always the SP beats us to the news.

I agree with that Tim, I did not miss it. I was just highlighting that your premise that the delay was no longer in AVCT's hands was contradicted in places, that was all. (I actually think it was telling that no timelines are given in that RNS and that AS was/is trying to row back from previous statements regarding Q4)

What would you like to talk about Vegas? Serious question. You don't want to talk about Avacta's present position, maybe because you feel there is nothing left to discuss, ok, so what do you want to chat about?

Tim, This from the recent RNS:
"In preparation for clinical validation of the lateral flow test Avacta is working on both saliva and anterior nasal swab samples...."
and
"Avacta and its partners will continue to develop both sampling methods in parallel in order to bring high performance COVID-19 tests to market quickly to suit a range of use cases. The performance of the test with clinical samples will now be evaluated as a precursor to a much larger clinical study "
and
"Furthermore, we remain on track to submit the UK regulatory application, or CTA, for AVA6000 pro-doxorubicin before the end of the year to allow first-in-human trials of the pre|CISIONTM chemotherapy platform at several clinical trial sites in the UK early in 2021."

That a lot of "we" in their referring to Avacta, and the work they are still actively doing, not outside bodies.

Assuming you are correct Tim, then it was somewhat at best, reckless, of AS to give timelines for product news that he had no control over. I am not even sure I agree with the premise. There was no caveat in the timelines from AS, no recognition that AVCT had done their bit and now it was up to the speed of the regulators and validators. And certainly the very latest RNS suggests that AVCT still actually had a lot to d themselves.

The spread has stayed pretty wide now all week. I think MM's either haven't got any stock and don't want to hold any stock and are making a healthy profit just using the spread when fulfilling orders
If they haven't got any stock to speak of, then keeping the spread wide deters most short termers trying to buy and sell.
(who wants to buy a stock and see yourself 5-7% down on your investment before you have started, particularly with the downside risk increasing?)
If the MM's needed stock then you would have a more active SP with a much closer spread.
It does seem almost unimaginable that this whole quarter could be bereft of any positive developments based on what was said so recently, but on the other hand none of us thought we could be this far into Q4 with nothing reported.
. The SP has held up remarkably well considering the lack of news, which gives cause for hope that the rabbit (which is what it feels like now), will be pulled out of the hat.
Its quite the conundrum
The market however, not suffering from most of us having and looking for conformational bias, I think is now pricing in no positive news this Quarter (not in the SP, supply and demand will sort that out, but in the spread)
Ultimately I think if no positive news is to be released this Quarter then AS will have to release an RNS this month with an explanation to shareholders as to what is going on and why, that will obviously be absolutely key going into 2021 As we are now so close to the end of quarter, one way or the other we will get an RNS very soon.

That's fair Real, but what was the SP 12 months ago?. Its not just the sales in isolation, its also relative to the SP.

320p looks like the next stop, so far so good