Cozart Share Discussion Threads

[gombie] 22/5/2006 20:44

azalea true and very well put.

[azalea] 22/5/2006 16:33

The spec may not have been written, but its not going to be based on science required to test aliens from another planet.

CZT already has an onsite working DDS in 150 police suites, which incorporates most of the likely biotech requirements for any roadside piece of kit. CZT and Philip will have their version on the mkt with the whole of the EU market place to sell it in, before the ink has dried on the spec yet to be written.

[biswell] 22/5/2006 16:06

So what

The Spec for what they want has not been released yet

''In relation to roadside drug testing, it might be helpful if I outline the current position of 'driving whilst unfit to drive through drink or drugs' falls under section 4 of the road traffic Act 1998. To prove a drug driving offence it is necessary to prove that a person's driving ability is impaired because of the effect of a drug. The Act allows the police to conduct two types of preliminary test to achieve this. The first test is a preliminary impairment test, the second a preliminary drug test.

It is the Governments intention to introduce a road-side drug testing scheme and work is currently underway to develop a technical specification which meets this need. This is because the Act only allows a preliminary drug test to be carried out using a device of a type approved by the Secretary of State. We expect to issue the specification later this year.'

[azalea] 22/5/2006 13:59

CZT has just launched its patented enhanced onsite drug detection system (DDS), which will test for A class drugs, amphetamines. With the science already tied down, its now teamed up with Philips to design a roadside DDS. Its just won a £2m contract after a competitive and high spec Tender; CZT is clearly a leader in its field. By the time the HOSDB get anything to the production stage (without infringing any existing patents), CZT will have its roadside DDS in production.

[biswell] 22/5/2006 09:47

I am afraid this says to me CZT could lose out the whole lot when existing contracts expire

'The Home Office Scientific Development Branch (HOSDB) is developing a sophisticated device that is expected to be able to detect and identify all drugs, including illicit drugs, prescription and over-the-counter medicines. It will be a couple of years before this device might be available and type-approved for use as the scientific development work behind it is highly complex. When the work is completed, HOSDB will write a full specification for commercial manufacturers to make and market the device.

The HOSDB is also currently developing a device for measuring driver impairment. If the development is successful, the device will be capable of screening for all types of driver impairment not just drug impairment. Police will then be able to use the device in place of the field impairment tests currently employed.'

B

[biswell] 21/5/2006 06:38

Regards Roadside Testing , and here Sir John Reid may well play his hand.

The other point you will note is that a Spec for said 'Roadside Testing' has not yet even been finalized for release into yet.

This begs the question does the kit shown last friday by Cozart comply ?

I don't see how it possibly can as the Spec has not yet been written.

My enquiries have unearthed this ........

'In relation to roadside drug testing, it might be helpful if I outline the current position of 'driving whilst unfit to drive through drink or drugs' falls under section 4 of the road traffic Act 1998. To prove a drug driving offence it is necessary to prove that a person's driving ability is impaired because of the effect of a drug. The Act allows the police to conduct two types of preliminary test to achieve this. The first test is a preliminary impairment test, the second a preliminary drug test.

It is the Governments intention to introduce a road-side drug testing scheme and work is currently underway to develop a technical specification which meets this need. This is because the Act only allows a preliminary drug test to be carried out using a device of a type approved by the Secretary of State.  We expect to issue the specification later this year.' 

B

[biswell] 20/5/2006 16:56

I have just read some replies to enquiries I have out and this is worthy of some thought/comment........

Cozart as investors know has contracts in place with the Home Office which expire in 2008.

Some olde worthy investor might like to enlighten me when they come up for renewal , as they have in the past , on a forward rolling programme.

The reason I ask is this snippet ...

'The Home Office Scientific Development Branch (HOSDB) is developing a sophisticated device that is expected to be able to detect and identify all drugs, including illicit drugs, prescription and over-the-counter medicines. It will be a couple of years before this device might be available and type-approved for use as the scientific development work behind it is highly complex. When the work is completed, HOSDB will write a full specification for commercial manufacturers to make and market the device.
 
The HOSDB is also currently developing a device for measuring driver impairment.  If the development is successful, the device will be capable of screening for all types of driver impairment not just drug impairment. Police will then be able to use the device in place of the field impairment tests currently employed.
 
B

[biswell] 20/5/2006 16:52

Dally4 will answer next week.

For now I think we are looking at a weak dead cat bounce in the US to circa 11,300 to 11,350 ish , then further uncertainty re rates rises which were thought to be finished will mean another drop of 500 points from there to circa 10,850 ish.

If the dead cat bounce does not happen then after a few days trading next week another 500 point fall could mean 10,650 is likely.

Risk is now dogging the markets as I said on friday

B

[azalea] 20/5/2006 11:35

Every cloud has its silver lining. If you have picked the right company for the right reasons it will come through the turbulence. The fundamentals during previous crashes are not present today, the dotcom bubble has evaporated. Following the 87 crash, shares recovered after a year. A 500-1000pt correction(already half way there) in the FTSE could be seen as healthy.

UK unemployment is rising and the highest since 2002/3(despite what Tony tells the House), companies are getting meaner and leaner. Personal debt rising, but so are savings, whilst bankruptcies are soaring.

Dally4
Punters are the PI. Investors are in for the longer term and ride the dips big and small. IF you can sell some holdings at a small loss, it might be wise if only to buy back in lower down, especially if you are panicking! Its YOUR call.

[dally4] 20/5/2006 09:15

biswell........Is this more then a correction? Are we now at the gates of a Bull Market? recovery period could take up to 136 weeks as in the 1973/75 bear run or not........I would like your thoughts on this,

Will we have a short rally and then the big and very sudden downturn? punters losing hugh amounts of there money, in which case should the small pi not watch for that short rally and sell...even at a small loss?
I also think it is now very important to only hold onto good asset based company' paying a good divi..

Dont want to panic anyone reading this post, although I must admit I am in a panic and watching the US very carefully,

Only my thoughs and as always DYOR

[biswell] 19/5/2006 15:51

Chalkin Money Flow on DJIA has only just entered negative AZ check it out on link I posted for Stockcharts

macd X has taken place and a fall is now in early days

This is a new development and with the FED june rate decision weeks away, markets are showing no dead cat bounce.

NAS has had 8 straight losing days the last time was 12 years ago.

Times they are a changing .... I am now 100% more cash rich than I was 10 days ago

B

[azalea] 19/5/2006 15:45

What IF the sky should fall in?

[biswell] 19/5/2006 15:39

cfb2 posted a week or so back about a couple of other risks specific to CZT.

However more have entered the play........

Cenral character Sir John Reid ..... a grumpy scotsman with an axe to grind

Now that big ears has departed, johnny boy might want to do things his way sooner than later. He might not use common sense, which most of Blair´s picks don´t and decide a new face will get roadside testing. Reason.... don´t become too dependent on one supplier for example.

The other thing I don´t like is lack of cash ... circa two million i not enough. I am of the opinion that CZT are banking on Philips and it´s expected purchase of another three and half millions at 35p due in a couple of months.

Well what if markets have turned soggy ?

What if the DOW is messing around 11,000 then and CZT is sitting circa 31p ?

Are Philips going to buy at 35p?

B

[adeyberry] 19/5/2006 12:44

Just picked up another 5k

L2 3 v 1 and a 1p spread, too tempting for me!!

Come on chaps, empty those pockets and get this moving, it shouldn't take much!

All buys today so far.....

[biswell] 19/5/2006 09:18

General market sentiment is in the process of changing .... future rate rises in the US the UK and the EU will play for a couple of months to come. To ignore such sentiment is a dire thing to do

US market is oversold like the CNN expert says

However any lift now could well be a dead cat bounce to circa 11,300

A further fall to 10,900 and a possible 10,750 ish then likely I feel as the unrest over the june rate rise comes back into play.

Buying stocks now is for the brave or foolish

RTD doing well of late on takeover talk

[adeyberry] 18/5/2006 17:45

I agree totally..... all the best!

[azalea] 18/5/2006 17:41

Adeberry
I have great faith in the long term prospects for CZT and given the huge purchases so has one director in particular. A hand held roadside test kit to test drivers for drugs has immense potential worldwide. If this machine can put drug using drivers off the road, the savings in insurance and medical costs will be immense, not to mention the human tragedies.

[adeyberry] 18/5/2006 17:28

azalea....

Sorry my friend, you seem a decent chap, but I've just read too many of his nasty posts! I don't like to see any fellow investor lose money, unlike him!

I hope you are right with further orders here, the MM's seem desperate to drop the price here as soon as poss, like this morning, but after seeing the late sell, I can see why now!! I hate these SEAQ shares, they are so disguised!!

[azalea] 18/5/2006 17:25

Adeyberry

Understandable comment, but why waste your time on a looser. I suspect CZT might even announce an order tomorrow.

Bis
You of all people should not be responding to such an idiot.

[adeyberry] 18/5/2006 17:17

elwort - 18 May'06 - 15:57 - 371 of 372
Heading for 25p within a month?



No doubt another poster you have upset elsewhere biswell!

[biswell] 18/5/2006 16:29

I do hope so

However the DOW will have to come off 1,000 points to do it

B

[elwort] 18/5/2006 15:57

Heading for 25p within a month?