Premaitha Share Discussion Threads

[hurst68] 18/5/2018 17:12

Interesting RNS post market hours, a certain Steve Myers of Winterflood fame( co founder) now holds a 4.1% in Premaitha!This well followed investor have been building up a position in the company and through the recent equity placing,have accumulated a 4.1 % position.Should be very interesting to see the market's reaction Monday morning,strong buy.

[scrutable] 16/5/2018 09:57

It is not TW who sustains market sentiment as bullish He is rather counter effective in fact, and thankfully irrelevant. It is the market story as clearly displayed by the good captain kurt above.

Primaitha clearly has quick credibility in any new market it chooses to develop as demonstrated by the quadrupling of overseas sales. Obviously the operational gearing will see it soon in profit irrespective of any final clarity in its UK spat with Illumina, who are now left seeing NIPT's tail lamps disappearing down the road towards the largest global populations producing babies by the billion.

it is no longer IF but WHEN ...............in fact almost NOW

[captain_kurt] 16/5/2018 09:57

From lse

Today only 5% of sales come from UK. That puts the litigaton in perspective with overall sales

But here’s where we stand:

· Operational Break-even achieved

· New product launch imminent

· Funding ALREADY taken place for either new product launch or legal settlement

· No further issue of warrants and massive share dilution to TMO likely

· Potential near term settlement with Illumina to cover UK and Europe

· Backlog of more contract news imminent after litigation resolution

· Potential speculative TO in next year hence why Directors filling their boots

Please add further…

Most of the above have will take place before Finals in July in all likelihood. So we know the game plan and let’s just see it through to conclusion

[twix386] 16/5/2018 09:08

Yup, tw has been calling this wrong for as long as he's been calling it!One day though he has to be right and in law of averages - a coin toss - he's already years late lol

[small crow] 16/5/2018 08:43

Trouble is, no-one trusts the guy!

[small crow] 15/5/2018 10:28

Aye Aye Captain. Warp factor 5.

[captain_kurt] 15/5/2018 10:25

Blue finish imo

Currently at break even moving to profit this Fin Year 10p+
New products 20p+.
Settlement 30p+

Game on

[philjeans] 15/5/2018 09:05

Good to see all the directors BUYING.

They know the score - follow the money.

[small crow] 15/5/2018 08:24

And don't believe these 7's are sells.

[small crow] 15/5/2018 08:21

ts, Yes, you have to laugh...

[small crow] 15/5/2018 08:20

IMO the placing's irrelevant. The income growth is not.

[tsmith2] 15/5/2018 08:20

Utterly obvious it was coming up...

[asturius101] 15/5/2018 08:19

bad form - highly discounted placing...this will slide down now imho

[captain_kurt] 15/5/2018 08:18

Breakeven and soon to be in profit with triple digit growth. Talks ongoing with ilummina on a settlement. Directors buying shares

Back to 8p

[captain_kurt] 15/5/2018 08:12

Like i said. Buy the dips

[scrutable] 15/5/2018 08:05

A most unusual achievement.

Quadrupling of overseas sales in 2017/18, from £0.9m to £3.8m (2017: £0.9m) ,without anything yet started in newly permitted Brazil points to a successful, Houdini-like, escape strategy from Illumina's stranglehold in the UK, irrespective of the outcome of the litigation a year ahead..

This growth rate in populous countries like India and Kenya promises an even better result for the current year.

[captain_kurt] 15/5/2018 08:02

Can already sell above the Mid price. Back to 7p today

[small crow] 15/5/2018 08:00

captain, correct.

[pj 1] 15/5/2018 07:59

Bas*ards. Shareholders well and truly shafted yet again. The ''commercial'' pump recently is nothing short of disgraceful IMO

[timojelly] 15/5/2018 07:58

Peeps are going to see 4.5p... MMs are going to love it.

[captain_kurt] 15/5/2018 07:56

Well I'll be adding today after the TU. The dip won't last imo :)

[small crow] 15/5/2018 07:54

Can't see any reasons for gloom here.

[dubai123] 15/5/2018 07:51

Dots means Adam Reynolds ?

[captain_kurt] 15/5/2018 07:49

Illimina great to see negotiations have reopened. BE as well and further expansion too! Plus directors buying shares. Let the re-rate start today:)