#GDR - The investment case is a simple - testing will be required for years to come - this isnā€™t a seasonal flu - many companies will continue to generate revenue from the requirements of testing for Coronavirus & its a huge market place that can & will be shared by many.
#GDR - Nearest term SP driver is the imminent shift of the overhang that has been holding us back - when the overhang churns itā€™ll rise freely and retest recent Ā£3 highs imo - volume is king and last week we surpassed 10m from Weds to Friday - another 10m odd & we are off imo.
#GDR - I am in no way saying the companies are like for like however - at this stage of the cycle #GDR is very much like #NCYT post CE mark - why I say this is because Genedrive have yet to receive their FDA EUA approval & WHO approval - so thatā€™s 2 immediate near term SP drivers
#GDR - SALES - we have global distribution networks already in place with the likes of Sysmex to target areas such as India & Africa - Mr Budd stated in many words in his interviews that our distribution partners have our products & have sent samples to prospective buyers.
#GDR - We are backed by a global powerhouse of a Pharma in the form of Cytiva - who were responsible for the most FDA approvals in 2018 - manufacturing capacity is 10k tests per hour - some back of the fag packet calcs below...
#GDR - 10k kits on a 12 hour shift basis over 7 days = 840k tests. Ā£8-Ā£10 per test so letā€™s say Ā£9 = Ā£7.56m of which 50-60% profit margins so letā€™s say 55%... that gives us a profit of approx Ā£4.2m per WEEK or Ā£16.8m per MONTH - note PROFIT not revenue -
#GDR - if it is around the clock production on a 24 hour basis then Ā£8.4m per WEEK or Ā£33.6m per MONTH. Again I stress this is PROFIT not revenue. Given that the current MCAP is shy of Ā£75m - basic number crunching shows why we can & WILL become a company valued at Ā£250m+ MCAP.
#GDR - As ever DYOR - everything stated above is in the public domain & at present #GDR remains one of the most undervalued plays out there when considering the plethora of newsflow/revenue/profits/collaborations - yet to come.
#GDR - Sales expected from June - so Monday - Mr Budd didnā€™t go on a PR drive to just inform retail PIs - Nope - it was a form of free advertising & utilising platforms out there that other companies have in order to spread awareness of our product for increased enquiries imo.
#GDR - Do the research - load up & reap the rewards - #NCYT early doors Ā£2 was called & most laughed at it - when Ā£2 fell the target was upped to Ā£5 which similarly was breached - #GDR will play out the same damn way & you will regret not taking a look in.
#GDR - Clear cut road map to multibags - FDA approval & WHO approval - further collaborations & finally sales with a hugely attractive profit margin - I rode this from 25p to near Ā£3 on the last go - reentered here at 145p & added upto 186p - will be adding further tomorrow
#GDR - The endgame here is Ā£3 in the next fortnight then onto Ā£5 within the next 4/6 weeks... these are very reserved targets taking into consideration all the metrics associated on the lower end of the spectrum of potential upside - research & conviction is the key to success.
#GDR - A must listen - note the bits where David highlights the USP - These are the features of our Antigen test which differentiate us from the competition & will ensure us a substantial market share in the #coronavirus testing space - https://www.proactiveinvestors.co.uk/companies/amp/news/920677?__twitter_impression=true
#GDR - Excellent T/A analysis by no other than @confluencetradr - targets align with those based on fundamentals too šŸ’„ https://twitter.com/confluencetradr/status/1267166228692508672?s=21 https://twitter.com/confluencetradr/status/1267166228692508672
#GDR - Overhang is providing an entry here but for how long - may be churned within the first hour tomorrow or itā€™ll be the day after or itā€™ll be the backend of this week BUT no one knows for sure - itā€™s not a dice worth rolling - waiting for lower will lead to chasing higher.
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