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Every other day those glorious alcohol wipes hole is narrowing yippee:))
No but so agree with several of your recents posts , knew it from first post . Hows the honey?
Valley floyd didn't know if you were alluding to a move:)
Vf Wilson ?
Mac at 7.03
Totally agree that if a ramper is a LTH aka investor, then I am as well. Have just bought at 399
15k buy just gone through. About 56k,s worth. There has been some large trades ..buys.. going through. Watch for these as it could be the harbinger of a big rise.. investor.. ramp intended..dyor..ie watch the trading
Completely agree Porky with your excellent posts last night re: a takeover.
The question is if this how long will the company be able to sit on this info but the situation becomes untenable. The rumours seemsextremely strong now and fit in with the SP action and unfathomable commentary provided by GM.
All in all it shouldn't take long now and the pressure in increasingly growing on the company to be transparent and release info that they have.
Morning Try2buylow think it may just have been people swinging like Nigel Benn(going back a bit) there was that many interlopers and it all got a bit backs to the wall, what I find really interesting (and each to their own) is who stays stand and fights(metaphorically) the investor and who disappears (the trader) as I've said before i hung on elsewhere and it's paid off in the end, I remain loyal here rightly or wrongly as I believe in the company just needs a reboot in comms land.
Kaeren was there anything in your vf comment?
Nothing in isolation.. never forget the cash generation taking place.. even without the DHSC it is 0.5million a day.
The quartley update shows an increase in worldwide sales.
This suggests worldwide products are rising considerably.
There is nothing in the share price for what looks to be an increase in long term revenues that were expected to disappear. Ramp over.
the trouble IMO is that discussion of NCYT have made with such passion it has clouded what can be said to the extent that we are at £4 today when this board was targeting £54 less than two days ago. & even mentioning this discrepancy may have me classed as a deramper with someone on cloud £54 telling me to trot off when actually I'm heavily invested and didn't set stop losses at the drop as I see this as a LTH.
Broker comment by tayq from yday
https://twitter.com/TaylorQuant/status/1381660283865808899
Surge testing Tks to David Ellerby for this article
https://www.cityam.com/wandsworth-and-lambeth-face-surge-testing-after-significant-cluster-of-south-african-variant-found/
The thing is, it's down to the user to upload pos or neg results TO the Test & Trace app, therefore it can be a false negative, if the user doesn't actually do the test and uploads a neg result. Shocking but true.
What I have found annoying is the giving away of lft tests.
It's like giving away sweeties. Suddenly you find out that they rot your teeth.
I am perfectly ok with the astra jab. Anything that gets things back to normal. But I will not use cheap imports that are unreliable and come from the country where the virus originated from. Ramp..at least we have an antibody test being developed. Possible quality test following other quality products.
The 28 day arbiration period is almost equivalent to the time required for the Govt to collect data in order to determine the effects of the easing of lockdown and to decide whether to stick to the next waypoint on the so-called ' road map'.
IMO, the dispute revolves around their arrogance and almost total reliance on the succesful roll-out of the vaccine with occasional surge testing to allay public fears regards variants. Don't think this will work as a long term solution and many people will most likely die unnecessarily. For them, to treat one of the worlds leading diagnostics companies, here in this country so shabbily and with disdain must fill Graham and his innovative team with both anger and despair.
Got to be honest, I may be classed as a ramper. If the definition is to say something positive about the company that you are invested into whilst not spreading lies or disinformation and occasionally giving an opinion which is clearly stated as an opinion then yep. Happy to admit it.
Morning... I wake up this morning to find I am a ramper.
It's not the first time as I have invested in other companies.
The use of cheap derivatives and the borrowing of what could be your own shares from the likes of barclays appeals to those who gamble for the downside.
I think they are trying to get their losses back from the share price rise. They were being wiped out on a weekly basis.
A successful vaccination programme and what looks to be an end to volume testing has changed everything for the time being. Hence the infestation.
The DHSC was the icing on the cake.
However the change over to the new landscape is taking place. New variant tests have already been released and a new antibody test is waiting in the wings. Qpcr is being sold into clinical settings world wide.
Patience is now required.! Comfort should be drawn from the 0.5 million of cash going into the bank on a daily basis.
Ye ha.. I'm a ramper , holder and very pleased with that post.
I will let you see what the response is. I never bother to read it.
Good morning all, wow I see Scardie has been busy spreading dissent and dissing those of us who might feel vaguely positive towards Novacyt! As you say Porks many have crept out of the woodwork to spread fear and to disrupt. Despicable really but there you go. Hopefully most will see through their one or two posts and immediately see their motive. Anytway, today is another day, lots to look forward to, lots to be positive about and if there is no news today, no matter. IT WILL COME IN THE COMING DAYS! GLA from D&D in a very sunny Suffolk
Once I read a message from a shorter like this scardiecat I do not read any more as their intentions are clear. They are an attack on sentiment and this time an attack on any holder by accusing any holder of ramping.
I hope I am included in her 200. It would be rude not too. So if I am a ramper she is a deramper. The difference being I do not read what I believe to be rubbish posts.
@Wilson63
Its totally relentless frankly
There was a sustained shorting attack during business hours imo. I have never seen so many newbies posting here without any substance. Its probably three spotty guys in a room with four accounts each!!
Just, world falling in type posts "sell now, it will fall to 10P" or "I'm buying if t drops another £1" yada yada yada
We are Probably in for much of the same until further updates are issued. Although i'm surprised with the SP this low anyone still want =s to short this? Must be much more profitable targets to go at?, i can think for 5 or 6 off the top of my head!!
Anyhow, the bottom line for me is that there is now not that much more they can squeeze out of this now, its kind of do you worst scenario.
I'm not selling any of my stock at fire sale levels that's for sure, so either Novacyt get it right now and turn it around or the business is sold for best price, either way i will get my return. I'm certainly giving GM the chance to deliver having gone this far, even if i have to wait another year for it ...
Take care now..
@ScardieCat
You are putting a heck of a lot of effort into discrediting this business.
Let me help clarify a few points for you:-
* There are a HIGH volume of Order/supply disputes every year with DHSC. The good news is that the contract includes a 28 day period to enter arbitration to resolve them. The majority are resolved in that period. It is Highly likely that NCYT and DHSC will resolve in that time phase.
* The statement said "May" revise not "Will" revise but, based on what we do know and what Novacyt have delivered the range will be between -23m and + 27m. There is a minimum contract value of £ 150m of which they haven't invoiced £ 27m of. So worst case scenario a £ 23m mark down in Q4 BUT frankly i don't see that being a reality. In fact it could well go the other way and DHSC settle the balance of what's due!!!
* You have seen the 2021 forecasts they have just been revised down following this adjustment. Circa £ 160m EBITDA and £200m Cash at Bank at the year end. I think its possible it could end up better than that due to the new product sales going live and being released this quarter. Including the next gen antibody and Antigen LFT products.
* ROW sales if a hospital Buys Gensig kit they will likely continue to buy reagents for it after (Razor blade effect) no guarantees of course but no guarantees someone buying a big mac and fries from Mcdonalds will buy another next week. I guess a lot of this comes down to if you think we will still need to test for this virus, how long this situation around the world will last for and if/ or Variants of Concern will still need checking on in the future or not. That's your call.
* I would say that GM is a VERY honest man with high integrity. I'm not sure he is a great spokesman for the business, PR has been fairly cr@p to be honest but they have never failed to deliver quality. They currently have the ONLY test that can detect ALL variants so they are doing some things right.
You keep mentioning this two bit shorter on Twitter, you don't know what shorting profits were made. He Probably did well shorting NCYT especially as the SP has halved in so many days from an already low base level. Its not 4.7%, the Share price has tanked lets be clear about that over 200m wiped. Now the question is can these shorter's squeeze anymore out of this from here??? or is it better to move onto another stock with more to go at? I would say the latter now. Share price is burnt out!!
Finally, i'm not sure if you are invested here or just posting to vent. My view would be if you are are shareholder and not happy you should sell, cut your losses. move to pastures new.
For me, i hold the stock and whilst i have had a royal stuffing with the SP recently, I still think there is a chance for GM to turn this around and i'm giving him until at least the H1 is out for him to prove that. Business is never easy, he has some current challenges but they are NOT insurmountable challenges. They can be resolved
Morning all I d just like to apologies to scardie cat on her private chat board(25 msgs last 14 hours) for reading all her essays including the criticism of the 20 rampers(I'd presume I'm included) who generally quote facts from company Rns's to support the company. I apologise again on their behalf for standing up to the derampers that have suddenly arrived on this board being as I'm actually invested here and actually trying to protect my investment.
You will now go to your status quo of telling me and others that I'm:we are bully's and you are the victim, then you take the biscuit by quoting Diamond Horse!!!!! good to see you pay so much attention to the posters history(said poster has been "shorting" Novacyt since 40P!!!!!! so they either have the biggest bank account in the world or are talking Tom kite)
So stop telling people to stop supporting the share it does happen occasionally on a bulletin board regards Wilson.
Morningsun,
I totally agree with everything you said. I don't know if you've watched the Big Bang Theory. Basically it's 'anything can happen Thursday' or was it Tuesday? So many unknowns here:
- what is the legal dispute about ?
- why couldn't it be resolved?
- if the Q4 profits have to be revised, how much do they have to be revised by?
- what are 2021 forecasts?
- if we have 50% of our sales from the ROW, are these ongoing contracts or one-offs?
- is there ANYTHING that we can rely on (given that GM's announcement re. 2020 results need revising now)?
Despite all these unknowns, the rampers here were posting all day till market close, telling people to BUY BUY BUY. There were over 200 post by 8am! all of them ramping in such hurry that many of them even forgot the usual caveat 'IMO'. Despite so many rampers saying they bought xxxx shares and xxxxxx shares and the big buys by IIs, the share price has ended 4.72% down from Friday's sp. You have to wonder if they really were buying or 'pumping and dumping'. Why is it that Diamond Horse keeps thanking rampers for their 'pump & dump' on Twitter? See my earlier post for the link.
Given that none of the predictions that these rampers have assured us about (remember someone's insistence that the next RNS from BR would be an increase to 5% holding but turned out to be a reductions to 2.99% and another on its heel declaring reduction to 2.89%), why do people still believe anything they say? FOMO is an excellent motivator. All IMO.
Hiya Morningsun,
Sorry your question got lost in the avalancheI of posts. I have no idea where in the dispute resolution process the parties are at. Perhaps meetings individually with an arbitrator have taken place, perhaps the two parties have met numerous times , perhaps Nova have suggested a compromise and it has been rejected , perhaps DHSc countered back. Perhaps a cooling off period to contemplate counter offers. All takes time and as Lloyd said there is expectation of EOY by a certain date. There are many ways to resolve disputes, that often involve quite novel solutions that leave both parties satisfied and able to maintain a forward looking relationship.
VanV,
I had no idea. Now I see what you mean. I didn't know you two had a history.
He came across as sincere here though.
To be honest, I find the rampers here more dangerous. Did you see Diamond Horse's latest post thanking the rampers here. This is the second time that he's thanked them. You can see why and how it works, I'm sure;
https://twitter.com/Diamond_Horse_0?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor