Genosis Share Discussion Threads

[monis] 16/4/2007 12:15

hh, worth while point however the couples in this market want the best,not to put too much of a crude point on it but in a lot of cases they are quite desperate and will not worry about the cost in fact if it costs more it will be peceived as being a better product.

[hattori_hanzo] 16/4/2007 12:10

james - Yes, looking again back to the cash burn at results last year & then cash at the trading update they probably do have enough cash for 9 months. But it's a moot point as we now know they will be raising more cash soon.

Although there is potential, when I first looked at GNOS I was concerned at their pricing. They are quite expensive. EG: Last time I looked there was a competitor called 'FertilitySCORE' offering a similar test for about A QUARTER of the cost: £20 v £80.
The FS test could be taken singularly by one person, make or female , whereas the GNOS product was designed for the male & female to take together. So the FS test was cheaper & more flexible.

[lord santafe] 16/4/2007 12:06

Remember you can buy this stock on IG Index. So shorters closing will help push the price up too.

It is actually cheaper on IG than via a stockbroker since you save on the charges.

[monis] 16/4/2007 12:03

james- good post, i agree 6000 stores is very significant.

[monis] 16/4/2007 11:59

hh- fair play your decision, remember that as the original instititions have been given first option they will be averaging down to 50p so still loads of upside.

[james 2] 16/4/2007 11:57

I had a quick look and reckon they have more than 9 months cash remaining looking at the burn between last years results & the January update. Plus this dosen't take account of increased sales through boots & the substantial increase in sales via the website.

New sales channels in the US through 6000 stores is significant so no wonder they are looking at a $5m for a marketing campaign - be interesting to see what price the fundraising gets away at & if any of the other US drug chains they are in discussions with sign up.

[monis] 16/4/2007 11:57

more buys going through

[hattori_hanzo] 16/4/2007 11:57

I've worked out that I'm going to wait for the details of the fund raising before I buy. ;-)

[monis] 16/4/2007 11:53

Have you worked out what they will make if they sell to 10% target US market.

[hattori_hanzo] 16/4/2007 11:48

68steve - Ahh yes, I only read the AFXF headline. So, fund raising details will be announced soon.
I'll wait & see at what price they raise funds and how much they raise.

MONIS - I've done the maths, that's my point! ;-)

Good luck.

[monis] 16/4/2007 11:45

hattori, that's been arranged.

[monis] 16/4/2007 11:44

Do the maths with the US Market, these will fly, that's why you can't buy more than £250 worth on line.

[68steve] 16/4/2007 11:44

HH,read the RNS,yes old and new investors will be raising funds and soon,DYOR.

[hattori_hanzo] 16/4/2007 11:41

A company with plenty of potential, but no money. They need a fund raising soon or I calculate they'll probaly run out of money within six months.

Excpect a fund raising RNS in the near future....but they may be forced to accept a low price as they are at the point of desperation.

All imho, dyor, etc.

[lord santafe] 16/4/2007 11:39

Now I am kicking myself for not going into these big time, lol.

[monis] 16/4/2007 11:27

Ticking up nicely now. Still have £2m in bank market cap of £2.7m and a very nice US contract. Loads more upside.

DYOR

[monis] 16/4/2007 11:21

here we go........

[monis] 16/4/2007 11:20

more delayed buys going through, can buy hardly anything on line.

[68steve] 16/4/2007 11:19

Short term 30p,US market just a tad bigger than uk ;-)

[monis] 16/4/2007 11:18

you've got it stevie I'd say higher than that, they floated at 110p and they are now in the us market, better than expected.

[68steve] 16/4/2007 11:14

On the move,30p target...

[monis] 16/4/2007 11:14

starting to go.........

[monis] 16/4/2007 11:11

Big delayed buys going through. Can buy more than £250 on line.

[monis] 16/4/2007 10:50

You wouldn't be impressed if you bought in at 110p. It's obviously taken a while but they now seem to be getting these tests out there. Fundamentally i can't see how they can go wrong from these levels.

[bubsy2] 16/4/2007 10:45

can not work out why these are so cheap market can noy like the company