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Ann: Appendix 4C & quarterly update, page-21

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    It will be very bizarre if the government allows Mr Forest's donation received test kits to enter the market for mass testing.

    As it turns out China has sent faulty test kits to several countries around the world. If it was one, then I'd call it dumb luck, but its several counties, and what makes people think that they'll send us working kits without any faults to us only. In my opinion it is rather dangerous as you'd rely on bad units and waste time with false promises.

    There is no trust there. They might be trying to do more harm than help. Sentiment is very bad in the marketplace.

    https://www.foxnews.com/world/china-criticized-coronavirus-equipment-faulty-abroad

    That gross margin of 65% is just the beginning as I'd expect them to be doing 75% in just a few weeks. April, May, and June might be significant and there are talks that the government might mandate testing and if this happens, then all self-test kit producing stock will skyrocket. If I ran a business like a child care, I'd only let people in who have got test done and are virus free, if you haven't done - too bad, not getting in. It's a long shot but plausible.

    I'd rather stick to a stock with a good theme and no debt
    Last edited by sandy68: 01/05/20
 
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