Omega Diagnostics Share Discussion Threads

[longshanks] 26/6/2012 19:52

nice volume today - can't see it as a rollover too - looks like 1m shares have been transferred.

[leedslad001] 19/6/2012 14:49

Thanks trout

[troutisout] 19/6/2012 14:44

leeds, re what we were just talking about it, it would seem your 2 trades went through PEEL again here, perhaps you might want to ask what other MMs they go to.

Good Luck,

Trout.

[leedslad001] 19/6/2012 14:41

Just sneaked 2x 5000 trades through @ 13P :-)

[monis] 19/6/2012 08:15

Very exciting and positive rns by the look of things.

[longshanks] 19/6/2012 07:31

So we have news of the work/product that could transform the infectious diseases part of the group. Looks very encouraging and, as they say, transformational.

Providing a cheap, cost-effective solution to a known problem of monitoring AIDS patients in developing countries is a fantastic development. The company has excellent connections with the organisations involved in these development projects and are probably why they have been chosen by the Burnet Institute to commercialise these tests.

Another project with 12 months gestation before we will see any recognisable income - but this means the growth from 2013 on will be that much higher and should become reflected in the share price.

We have been tracing the 200d m.a. for a while now. The Golden Cross has formed and the chart is poised for the next leg up - will this be the news to make that reality or do we need to wait for results on 2nd July and the subsequent analyst briefings.

[geraldus] 30/5/2012 16:00

Had a few more myself recently,will now sit tight.

[longshanks] 30/5/2012 08:18

Who has been picking up all the stock recently? Can you stop it please - you're cramping my style....

Looks like you got a good deal at 12.31p leedslad001. There is definite interest in the stock with some large background orders still trying to be filled in an environment where pretty much all sellers below 14p appear to have been cleared.

Just need a modicum of patience and we should see a very healthy return; I can see this rising to 20/25p before year end.

[longshanks] 18/5/2012 19:33

Looks like someone else is filling their boots in a substantial manner.

Liquidity has continued to remain good on the bid despite the euro woes and it looks like any sells are being used to fill orders completed at the end of the day.

[leedslad001] 15/5/2012 16:12

filled 12.31p :-)

[leedslad001] 15/5/2012 15:42

small buy order in but don't seem to want to sell any

[longshanks] 15/5/2012 10:43

Yep - good spectator sport this "Euro crisis" whilst it's raining outside.

I reckon we'll have another opportunity to buy at 10p if sentiment continues to dive. Plenty of bargains elsewhere starting to crop up too - though it looks to me like we have a "chicken house fight" rather than a full fledged panic flight to cash.

Currently with ODX we are tracking the 200d m.a. - just above it and I guess the golden cross may have to wait a while yet. I don't mind too much as I would rather see the 50d m.a. cross a rising 200d m.a. and that is still several weeks away at least.

[leedslad001] 14/5/2012 17:58

No still watching and waiting for the euro to collapse. lol

[longshanks] 11/5/2012 16:11

Nice chunky retrace by the market today - taking us away from that spike.

Trading both above my average and the 200d m.a. so still scope for this to be viewed as just a technical correction - "cup and handle" anyone?

Looks like you will now be able to buy some more at a good price leedslad001 - hope you weren't suckered in by the recent surge.

Bought some more myself today as I can't resist that 13p offer price: unlucky for some I know...but...

30d moving average is rapidly approaching the 200d moving average - and the 50d moving average is not too far behind.

[longshanks] 11/5/2012 11:18

Good online liquidity today with decent volumes available at the bid and offer and with a relatively low margin:

37.5K at 13.5p
100K at 13.77p

[geraldus] 10/5/2012 14:25

Has another mention and buy recommendation in Shares today.

[leedslad001] 04/5/2012 14:16

Makes good reading thanks longshanks.

[longshanks] 04/5/2012 13:01

Edison have kindly published their latest research note: "Passage to India"

[longshanks] 04/5/2012 08:22

30d m.a. approaching a 200d m.a. that is levelling out.

Sellers seem to be drying up and with the 75K purchase above the offer yesterday - limits have closed this morning to just 10K available at 14p.

All the signs are looking very positive so I broke the promise I made myself...and bought another 7.5K this a.m. I feel a bit uncomfortable buying above my average at this stage in the recovery but I am holding back some cash though to buy another decent chunk as and when I get my tertiary buy signal - the golden cross of 50d m.a. over 200d which will probably be some time around June if prices hold around here.

[monis] 30/4/2012 08:39

longshanks- sorry can't remember re the buy rec, they're normally very short, only about 5 or 6 short lines.

[leedslad001] 30/4/2012 07:51

spot on longshanks. Looking forward to the next 12 months and nice to be in profit. :-)

[longshanks] 29/4/2012 20:35

Wonder what the next week will bring.

With a few sales coming in towards the end of the day, Friday, online limits reversed their position - with MMs closing down the bid and opening up the offer.

This would indicate that we may have reached the end of this current wave.

The money must therefore be on a probable retrace prompted by some profit taking; but lets see.

I'll be holding - and buying on any dip. I see the trend now being completely reversed and that itself could well bring sustained recovery of interest over the next 6 to 12 months - leading nicely to the point at which I anticipate fundamentals will catapult the price to the next level.