Replies to post #200223 on Avid Bioservices Inc (CDMO)

[geocappy1]

I know there are many that don't like the management team and probably don't trust them. However, I would love to hear the rationale behind why any mgt team would double capacity unless there is a plan to use a big chunk of it as soon as it is completed.

[skweze]

Hopefully the capacity will be for Bavi. CM as a stand alone is also profitable. Maybe they also want to take some idle cash off the balance sheet and build some assets other than IP. All imo.

Meanwhile some Sunrise sites have been running for seven or eight months. They may have already completed the planned treatment cycle for dozens maybe scores of patients. Peregrine management may be getting a sense of how the trial is running. No specific data just hints.

Perhaps the early vibrations are positive enough to expand Avid's capacity in anticipation of Bavi's commercial launch. Not likely I suppose, but they haven't announced new Avid customers or increased production needed for existing Avid customers. They are adding capacity for some reason.

Sweet dreams longs. Good news may just be heading our way, and don't we deserve it.

GLTA, Paul