Yourgene Health Share Discussion Threads

[hjb1] 28/12/2021 19:56

I take it you have done a couple of minutes of research and know about the staff numbers and costs, and what it was for?
Difficult roll out of what exactly?

[apad] 28/12/2021 18:17

May well need to raise funds. At the moment this is a Covid-19 company. Hold and pray.
GLA for 2022.

apad

[oilbethere] 28/12/2021 16:25

Hi Munchkin

I had a sizeable position with IG around ?April.

My understanding was that I needed to lodge funds to make up the full margin to maintain my position, which I duly did, only to find that the position was going to be wound down anyway! If memory serves me correctly they were sold by IG at a 25% spread, which was pretty annoying.

Suffice to say, this all took place more than 6 months ago, so not relevant to today's share price

[melton john] 24/12/2021 08:22

Good point well made, not.
Why is that news relevant today??????

[andymunchkin] 24/12/2021 00:21

THE MONKSTER19 Feb '21 - 22:13 - 1274 of 2314
0 0 0
50p by easter ??
———;——-
andymunchkin19 Feb '21 - 11:46 - 1258 of 2314 Edit
0 1 0
Ngen Yap26 May '20 - 08:09 - 43 of 1257
0 0 0
Patience, this will be 30p soon, and possibly 50p this time next year!
———;—
Wtf?????
———;-
LowlifeMonster is partOf IbanScum gang. LowestOf theLow leach

[birdie12] 24/12/2021 00:15

Why would a big buy send the share price down? Or is that irony at play?

[best1467] 23/12/2021 15:49

Must be what sent it down

[catch007] 23/12/2021 15:46

Looked like a £1.03m buy went through at 12.45.

[catch007] 23/12/2021 12:51

Lyn Rees stated on Investor Meet webcast £23m revenues already banked by November 21 - £30m+ FY is a nailed on given Omnicron boost to Covid testing. GL

[birdie12] 23/12/2021 12:32

Yes agreed. Whichever way you look at it then it's very positive.Certainly well over £30m if they keep up a decent run rate.People still want out it seems.

[catch007] 23/12/2021 12:27

birdie12: Hence I stated 'if drawn' as clear caveat however I would anticipate a need over the period proposed.. Over 3 months an additional run rate drawdown of just £3 - 4m per month (including the recent top up award) would take us toward £36m+ annual revenues imho.

[birdie12] 23/12/2021 12:13

More good news. Ygen's PCR test is not affected by the new variant. Confirmed after additional testing.

[birdie12] 23/12/2021 11:26

007, it won't be anything like that figure.Still very good news though.Shows they are competitive at least and should bode well going forward.

[catch007] 23/12/2021 11:13

Contractual revenues (if drawn) £57.5m in 4 month period. Nice boost to H2 revenue and test net margin goes straight to bottom line. In a world of Omnicrom hysteria YGEN well placed in all the Framework lots and good to see 3 awards to date hopefully more to come.

[hjb1] 23/12/2021 10:04

we will start to see the returns for that extra expenditure in the coming weeks/months. The majority of new work is lab stuff so need extra bods for that. Of course that means extra income as lab work pays much better than just selling a test.

[apad] 23/12/2021 09:43

Good to see you so positive, Ygen Nap, so to speak. 😇

It is encouraging, but their staff numbers are increasing significantly and the roll-out of NIPT is a key metric.

Anyroadup, anything for a higher profile and when is Lynn bloody Rees going to buy some shares!

apad

[twix386] 23/12/2021 09:42

Cap mkts day talked of March April. I make that end q1/q2 more likely.Market crash isn't going to allow your once again rosy view. Just wait!

[ngen yap] 23/12/2021 09:31

Great news. Don't think those selling realise the amount of newsflow to come in H1 2022. I am anticipating another trading update uplifting forecasts, more tender results, US expansion news and capital markets day. Go, YGEN, go.Wishing all a safe, healthy and blissful Xmas and 2022.

[timojelly] 23/12/2021 09:04

Time for that Nasdaq listing!!!

[melton john] 23/12/2021 08:53

Flagged on my news feed, it's the same RNS but reported in the Dow Jones News. Good to see the news spreading.

[bobaxe1] 23/12/2021 08:26

Who's selling

[redartbmud] 23/12/2021 07:43

It was inevitable. That should help the languishing share price.