Omega Diagnostics Share Discussion Threads

[p1nkfish] 06/2/2018 20:53

Darkest hour etc. barry. It looks set-up and ready to me. I have been wrong before though.

I've had some of mine move down on higher than normal volume but at least 50% of them on a fraction of average daily as smaller holders panicked out of positions.

15,000 vol round number for ODX looks like small fry shaken out, not a trade volume suggest anything. If anything it looks reasonably bottomed and still preparing for a/the catalyst.

This shake has reduced the chance of 4 Fed rate hikes in 2018 and may well have helped extend the cycle. No obvious sign of US recession for 6-9 months at least. Some over valuations -yes- but looking at mark downs on less than average daily volume on ODX tells me this is not one of them and just waiting to move imho.

[barrywhit] 06/2/2018 20:36

every share on my watch list was marked down this morning..p1nkfish...30p seems a long way off, unless they pull a couple of rabbits out of their hat...

[p1nkfish] 06/2/2018 20:18

We look to be at the bottom and I'm still convinced a run towards 30p is on the cards, high 20's at least.

[p1nkfish] 06/2/2018 20:16

15k traded, less than 1/3 of average daily volume, and look at the mark down.
Have seen similar in other holdings.
Some people, small holders typically, are being taken to the cleaners through panic.

Wouldn't be so bad but I see this shake as a good sign and probably portends a delay to a major market event, imho.

[rivaldo] 02/2/2018 08:46

Good to see the price ticking up on a 32k buy - hopefully more evidence that any overhang has now cleared.

[p1nkfish] 02/2/2018 08:18

The IDH news?
Any idea when?
Reducing uncertainty will help even if news less than ideal.

[barrywhit] 01/2/2018 12:42

Good to see the large overhang has finally disappeared.....GLA

[p1nkfish] 01/2/2018 12:11

Ask has moved up for now.
Promising except volume low.
Back to sleep.

[barrywhit] 01/2/2018 08:12

There must be a very large overhang of stock at 16p...would be interesting to see an updated share register....

[gwr7] 31/1/2018 11:33

One hopes Mr. Sneller had a chat with directors before dipping into his pocket yet again. Whoever is fronting the IDH deal needs a cattle prod, and the one trick pony act of paying Hardman Animations for their Young Mr. Grace "you've all done very well" research reports, is wearing thin.

[p1nkfish] 25/1/2018 12:23

Tax loss selling might kick in with some people.

[hyperboreus] 25/1/2018 12:03

I am not going anywhere here having initially bought in in March 2012 but as I have stated before there is unlikely to be much positive newsflow short term therefore sliding share price is perfectly understandable but beyond that there should be plenty to look forward to.

I personally don't think it is a good idea to obsess about the share price too much at the moment, some investors are clearly losing patience which any reasonable individual should be able to comprehend given the questionable financial performance of the Company in the last few years, but hopefully everything will come together in the next 12-18 months, if not I think something will have to give and the Company may well be bought out, the patience of Sneller and other major investors cannot be inexhaustible.

[p1nkfish] 25/1/2018 12:00

Someone is taking the sales. Looking to add.

[barrywhit] 25/1/2018 11:25

Looks like we still have sellers even at 15.5p, without Sneller this would be 13 - 14p.........still holding but not sure how many others are???

[barrywhit] 18/1/2018 14:19

Must still be quite an overhang of stock, as the offer price is reducing....even Richard Sneller can't take it out.....

[hyperboreus] 17/1/2018 17:53

For what it is worth I understand that finncap are currently forecasting PBT of £0.5 million Y/E 31 March 18 with EPS of 0.4 (P/E 40.625) and PBT of £1.6 million Y/E 31 March 19 with EPS of 1.3 (P/E 12.5)

Hardman seem a bit more optimistic for the current year and next.

Loads of guesswork with ODX as always no doubt but I am an optimist by nature and wouldn't it be great if everything went to plan here or even maybe exceeded expectations for a change? 👍

[barrywhit] 17/1/2018 16:49

I see a few still trying to trade this.....LOL

[hyperboreus] 17/1/2018 11:20

Yet another ODX career vacancy taken from twitter page:

'Come & join the team! We're looking for an experienced Senior Assay Development Scientist to plan experiments and analyse data to develop of the required processes and technologies for diagnostic assays. Interested? Email [e-mail] to find out more'

On looking back a similar position (the word SENIOR has been added this time) was advertised last August.

Be interesting when 2018 Annual Report is issued in July just how many employees they have and what the aggregate remuneration is.

They could do with pulling a few rabbits out of the hat in the meantime as I wouldn't have thought that the 2018 final results will be a particularly pleasant read.

[barrywhit] 17/1/2018 10:15

The company see the IDS tie-up with Technogenetics as a positive move. which once/if the tie up with ODX is complete will give IDS over 100+ tests on the IDS ISYS system which will make them very competitive in the market, which will be beneficial for Omega....

[barrywhit] 16/1/2018 12:21

Some one picking up stock in 50k lots, Mr. Sneller taking out the overhang????

[hyperboreus] 16/1/2018 08:50

On that theme, Omega are advertising for an Export Sales Coordinator:

[barrywhit] 16/1/2018 08:27

IDS, Starting to put deals together. Now for the IDS/ODX Tie-up>>>

Immunodiagnostic Systems Holdings plc ("IDS"), a specialist producer of manual and automated diagnostic testing kits and instruments for the clinical market, today announces that it has reached agreement with Technogenetics srl ("TGS") to enable IDS to sell TGS's range of assay kits under the IDS brand, on a global basis.
TGS produces a broad range of CE approved CLIA automated assay kits for use in the fields of autoimmune and infectious disease diagnostics, which have been developed for the IDS iSYS analyser.

[barrywhit] 12/1/2018 19:12

A late trade showing from yesterday 127.5k and the late trade from today 85k, both buys...

[rivaldo] 12/1/2018 14:37

That explains it - it wasn't on RNS. Will look at the header in future :o))

Good to see him continue to have so much faith in ODX.

[barrywhit] 12/1/2018 14:00

Rivaldo, ODX updated their website last September, I got longshanks to update the header above.....it's there for all to see...

edit: he bought the remainder in the last placing over 2 million at 18p.....