Outlook In Q3, the Company has continued to see an improvement in lead generation and prospective customer engagement. We have seen the positive outcome of diversifying into adjacent markets such as Diagnostics and see potential growth opportunities in all of our services going forward. Continued efficiency improvements are also expected to contribute to further margin improvement. The Board is confident that the sector is recovering and the prospects for the Company remain very encouraging. Whilst challenges remain for our international customer base, we continue to meet these challenges and capitalise on the opportunities presented. Cash continues to be well controlled, and it remains a key strategic goal to achieve cash flow break even without having to raise additional equity capital. |
Dumpy dumpy |
This area is previously a big resistance level, we broke through that last week, now we see if that turns to support???
free stock charts from uk.advfn.com |
free stock charts from uk.advfn.com |
Not sure why they didn't dump in double figures? They are in and out though and that will bode well for the next move up, it's still a tiny amount in the scheme of things and the MMs obviously want shares as they are still bidding for 675k at a time... |
Traders, but I wouldn’t like to be out of FAB as transformative news could hit at any moment |
Good sized lumps being dumped followimg the recent down drift, all of which I regretably note.
f. |
Another 4m volume today again Trout. Daily volume has really increased dramatically which is very positive indeed. |
Well it's just trundling along, the MMs still bidding in size, but looks to be more buys than sells today. Quoted spread very wide at the moment, to cool off the trading, but we could see them tighten it in towards the close, can buy at 9.58p and sell at 9.2p |
And that’s just the cash benefit of the FMI. There will be big impacts in terms of commercialisation of products, collaborations and the usual jobs and stuff too! It’s a great thing for FAB to be in but equally only one small element of their strength! They’ve got plenty of irons in the fire that could come off at any point |
Worth observing the rise so far has simply been people realising that if a £4m Mkt Cap company suddenly gets £6m of non-dilutive cash and benefits-in-kind then ipso facto it must be worth at least £10m (£4m + £6m)
What hasn't been taken into account is the signal this sends about the value Government and Industry collaborators attach to FAB or the £55m invested in the entire FMI project.
Also now FAB has greater prominence amongst PIs when new News does drop we are likely to see a real demand/supply imbalance and I expect the stock will react very well to upcoming news catalysts.
Chartwise can see 20p and 30p coming quickly from here. |
Shooting for 20p - next short term target. |
7m volume yesterday. Incredible |
Definitely and it has the best of both worlds having unrestricted access to the UK and the EU and the US has shown to always be willing to give a Belfast company a helpful and sympathetic ear if it's good for the economy. |
It's Belfast base makes FAB an ideal and easy choice for US, European or UK/Irish funds to allot seed funding to in this space, if they want to invest in life-science. Likewise with Government agencies. A small, but not to be underestimated, politico economic advantage. |
TLY looks good on paper but the difference between it and FAB is that the opportunities for FAB are endless or limitless whereas with TLY they are very dependent on Govt or NHS contracts and very susceptible to competitors. I'm not saying FAB isn't either but I believe FAB will be bought over in the short to medium term and at its current price its a sitting duck. |
PS,
I'm not saying FAB won't do well. I'm saying the recent surge is largely by traders, pumpers/dumpers, who will obviously sell.
Look at the interims. They had around £1.2m revenues.
Mcap is around £10m
I think the mcap being too high. They need significant news to justify it.
Look at TLY (Healthcare) - they recently announced £27m contract wins/extensions. They provide services to the NHS, inc Elective care to reduce the waiting lists. Read any media news. NHS funding and plans are priority, inc using private sector.
Elective Care (surgery to reduce waiting times), NHS 111, Urgent Treatment centres, Physio services, Corportate Wellness services.
TLY's forecast fy2025(ends 31st March, same as FAB), revenue is £85m. Mcap is £14m
The Labour govn are determined to reduce waiting times and have stated, inc today, that there will be greater use of private sector.
Take a look, feel free to counter any comments on there. No hundreds of trades to move the sp, no crowd... |
Trout,
Trader talk. Not something someone invested would do.
Obviously if there's hundreds of buys again then the share price will rise. It doesn't mean anything.
HVO shares still falling and the thread gone quiet. Why has the thread gone silent? It's mates with multiple ids working together, isn't it? |
MMs bidding for bundles again (675k) |
PS,
"Nothing wrong with making money but your giving out on one hand it’s a pump and dump and yet here are you buying and selling like a typical pump and dump merchant."
I bought in clearly stating they are being pumped/dumped. I sold whilst maintaining they are being pumped/dumped.
I backed my assertion that they are being pumped and dumped. A p&d merchant wouldn't maintain a negative stance when they buy, would they?
I did exactly the same on Byot, bought in whilst maintaining they were being p&d and maintaining a negative stance. Now delisted, share price down 99.9%!!
Same on Trmr, sold at 844p, now 400p.
My posting history is there for all to see.
sikhthetech27 Jan '20 - 14:49 - 3973 of 4004 Edit I bought some earlier...purely on the basis the Coronavirus will keep people interested and 1gw and his mates are pumping these....
Will look at selling before any TU...
Obviously 1gw won't be selling ANY as he's confident of a major deal closing soon, will you 1gw??? ;-)
Then at 8p
sikhthetech - 17 Aug 2020 - 14:43:11 - 6666 of 8237 BYOTROL-CAN DELIVER AMAZING I've now sold all mine today...
<...> |
Someone coming back in though, 14:18 looks like a chunky buy |
Looks like a small number of large (up to 100k shares) sells have knocked the FAB price, for the moment.
f |