Abingdon Health Share Discussion Threads

[amanitaangelicus] 03/3/2022 09:26

A slow death ...due to its key partners not sticking to deadlines. Tragic.

[shallow pockets] 02/3/2022 09:37

This morning our target of 8p got hit. We are NOT covering our shorts just yet. There is more price downside here, as cash drains daily, no investors are in sight, and the next secular phase of medical/health testing is 6 months or more away. Management seem devoid of ideas or a strategy and no one is accepting responsibility for this share price destruction. Viewing a contested Government debt as an asset could even appear delusional, especially with this Government. Stay short.

[dennisbergkamp] 02/3/2022 09:34

that was your 8p share price

Thinking about averaging massively down, but will see what further reaction therre is to the news

D

[shallow pockets] 23/2/2022 16:46

The share price is bouncing today within a trend of lower lows and lower highs. Today's small bounce is NOT noteworthy as today's volume is so low, and thus probably a bounce instigated by the broker. My informants tell me that there is a growing air of desperation within the company and its senior management which own the majority of the stock. Furthermore, there is no apparent interest to invest nor acquire from external players at this time, contrary to the forlorn needs and hopes of Gruen above. The market has taken the view that this company is in as much trouble as Omega. As each day passes, and sticker price shock diminishes, what once looked cheap (e.g 25p) now would be grasped with both hands by incumbent shareholders. Stay short. Target 8p.

[shallow pockets] 15/2/2022 14:57

Don't hold your breath, Inv. This stock is just not bouncing from its lows. Why would it? Heavy on overhead. Heavy on capex. Starving of both product and income. No investors waiting outside the front door. And Omega's firesale of one of its factories probably values ABDX assets at as little as half of the current value. "Cheap" (based on previous over valuation due to the pandemic) can get cheaper because it wasn't cheap in the first place. Just over valued.

Target is 8p. Stay short. Sell bounces. No good news on the horizon.

[inv] 15/2/2022 10:17

Big jump coming. Should hit 20p this week

[shallow pockets] 11/2/2022 12:55

Foe those who still doubt what is unfolding here, cast your eyes across the sector to Omega Diagnostics.



Stay short.

[shallow pockets] 08/2/2022 15:26

Notice how the bounces from the lows of 15p are weak, uninspiring and keep failing? Each day the degree of shock of being at half the price of only a few weeks ago wears off. Before long, 30p could look exciting, albeit implausible. So expect a price capitulation to occur soon below 12p and possibly to as low as 8p. This will produce a market cap of less than £10mln. The Chinese model of lateral integration of manufacturing, distribution and scientific innovation in this sector has not been followed by almost all of the competitor UK manufacturers. It's not going to get better here until existing shareholders/management look forwards to the real risk of probable liquidation and not backwards to what they were worth once. Only then will they realise that this week's levels will be better than next week's and that something is better than nothing. Stay short.

[david gruen] 02/2/2022 09:55

You've been reading too much Share'no'Prophets!

[shallow pockets] 02/2/2022 09:49

So, we are through and beyond our price target of 18 in the death spiral of this share. There is now a phase of shock and awe with the sticker price. Those who have held on despite our warnings now think it's too low to bother selling out, as does management who will resist any new investors at what they consider to be a too low/artificial share price. But the lack of any bounce in the days to come, and the absence of the Board in bringing in new money at the current share price will lead to continued price drift shortly as everyone gets used to the new normal in this hare price valuation. Any new money out there smells blood and death. Their choice is to deal with a liquidator in bankruptcy or to provide a bailout at about 5p. There is unlikely to be any other outcome. New pre-ordered equipment is due to be delivered soon which will further drain existing capital. Hold on tight.

[david gruen] 31/1/2022 08:54

Thanks for your input A

[thehitman1] 26/1/2022 09:37

Another David pump

[badger60] 20/1/2022 11:59

Grow- onSo how many different avatars do you post under then?

[david gruen] 20/1/2022 11:52

ADVFN certainly attracts the great and the good!

[david gruen] 19/1/2022 12:07

Agreed, why don't you try having a shave and a wash?

[cottlet] 16/1/2022 16:56

it certainly isnt looking very good here.........

[david gruen] 16/1/2022 09:55

17 January , this guidance applies to ENGLAND

You can stop self-isolating at the start of day 6 if you get 2 negative rapid lateral flow test results on days 5 and 6 and do not have a temperature. Tests must be at least 24 hours apart. If either test is positive, wait 24 hours before testing again.