Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Thanks for the reply. Sounds promising!
I'll root through the RNSs to see where outside investment got mentioned. It was about 3 or 4 months back, from memory.
@Louis
No idea Louis, but there is something really interesting regarding an old investor there. That's for the French guys to finish looking into and will be known late October. Problem is we have no share register so there's a lot of caution when it comes to naming who's has been buying Novacyt.
I have a big mouth too so that doesn't help when getting info either! But yes, something interesting shortly on a fund, think the French guys just want to confirm before putting it out there.
Yes it was mentioned in an RNS, Graham was approached but he didn't want to do any further placings for II's and told them to buy on open market.
Did NCYT actually decline investment a few months back, or were they just too busy to sit down and talk outside investment at that time?
@EBV @Wilson
Apparently it's now a game of cat and mouse with institutional investors. Novacyt's board is frustrated from what I'm told on the poor institutional investment so far (hence you've seen them go all in with 3 brokerages, all with various clients and research resources).
The problem goes back quite a long way. The last time any research was done on Novacyt was April 2017 by Edison:
https://postimg.cc/Wdb79RSS
So now we only have NUMIS who to our knowledge have published institutional research. NUMIS have of course forced Novacyt's hand here with figures that I'm sure the CEO isn't too pleased with. When companies perform, they would like to see that performance reflected in forecasts. It is only for this reason that there's speculation Novacyt will publish Q3 figures.
It's a rare occasion that PI's are ahead of the game, we're all likely have much better holdings than funds buying in lately. Many institutions still do not know Novacyt's name. There's a lot of movement to look forward to in 2021, but these things do take time and Novacyt apparently share our frustrations. They hold the key though, Q3. Why not use it.
Ebv they went monthly for a couple so nothing since June they are not obliged just some people hoping, set against that you don't want your buy out targets seeing how heavy your saddle bags are as you walk into the bar.
I picked up on the fact that they've only done half year results in the past. To move from half year to quarterly results, is it purely an internal decision or are there some regulatory things to account for?
Ok so it's ade's analysis against tayq's analysis which will it be erm erm erm
It was tough but Tayq for me.
Hey guys,
We've made a correction to today's article on the PE ratio.
Currently Novacyt's cap is around £700 million and projected revenues for the 12 months ahead are expected to be greater than that. The article didn't reflect that correctly and has been amended with a less forward looking range of 2020 Year End forecasts from 200 million to 450 million. That should be easier to come to terms with, and when we have a little more info we can do something more interesting speculatively for 2021.
A lot for this year depends on how much of the two tenders around £468 million in total, announced by the government are actually for 2020 and will be paid within Q4.
The ranges do not account for any new large government contracts in other areas as that's entirely speculative, but would changes things significantly.
Hopefully Q3 results will be published shortly and that will give us a more information to work with. Everyone's waiting for that now, not just us private investors, but institutions also. It will make all the difference having those numbers and unlock Novacyt's potential going ahead. The other issue is that the recent government tenders may not be included in Q3, but we would still get a good look at how sales have been increasing month on month over the summer, and perhaps even some WinterPlex orders from September.
Sharehunter, you've been here a long time and through the ups and downs. This share has a long way to go IMO. Big players like Numis are bring their customers onboard and they have a reputation to keep.
Stick with us here Sharehunter. You've seen all the research, you even contribute to it. NCYT is the BEST play on AIM right now, maybe ever!! Hold tight to your shares and add when/if you can!
Fevertree Valued at £2.5 billion with Revenues of £260 million and a Net Profit in excess of £100 million
We are cheap ! Story to be be continued
after posting on posters not as helpful at smye share board ,some one did reply , still like the good research ,and potential at ncyt ,
every week more £ millions coming in from Global sales ,no matter how share price moving .
selling to 130 countries ,
demand for covid 19 testing looks to be growing in UK and many countries Globally .
Surfie show some class. You banged on about exiting as soon as it hits £4 for yonks. Now we're at £9 and you're still coming out with the same drivel.
so good of research for ncyt from twitter and share boards ,so helpful of a board ,was going to invest in syme this morning
after reading of larger buyers loading up ,wanted some information from people who know share better ,as did not want to spend much time researching ,did not get the help would get on this board .may not now invest there ,appreciate all the help with so many good researchers at ncyt share board ,and so much potential here at ncyt
Golly gosh Peteluton that's a remarkable turn round in your posts from the last time you were here as I remember and your posts confirm you were negative more positivity this time perhaps. Best wishes Wilson.
Totally agree. Its all a bit unsavoury. Lats appreciate that we have been luck enough to uncover a gem and forget about all of the noise .
For God's sake Balanced give it up.
Oh so you were pointing out both exchanges were down - we can all see that so why the attacks on Sharehunter3 then on the basis that he does the same thing? Actually Sharehunter3 posts other good content not seen anything EVER from you except whining as Kaeren rightly pointed out.
If you don't like it you can sell no one is forcing you to hold.
Have you overstayed your welcome? You said you were selling when the share price hit £4 well it's more than doubled since and here you are still.
Very interesting that Max the Editor of Novacyt insider saying P/E is 1. I believe that updates us on earnings information that we do not yet know. Market cap currently £623M, therefore net profit for year must be looking around this amount too. That is more than twice the amount in projections that we already have! More than 6 times the Numis base estimate in their already out of date broker note (to quote Max).
On a low P/E of 10:1 for a growth stock our share price would be around £90
Ok Mr Balanced, I'm going to be nice. I love this share it has made me a LOT of money in the past couple of weeks. I'm wasn't being negative just pointing out that as well as a France we were also down. I'm sure you and Kaeren have better things to do than post about my posts? Go and have a cup of tea and a chill pill both of you.
That's out of order Surfie abusing a fellow poster.
Kaeren was kind in her words to you. I've been stronger in my views as far as you are concerned.
How come you are most active on down days and this is your usual post - you have been posting similar since I've been on this board. Where's the positive comments and some analysis not even analysis then but comments about the massive contract win?
p/e equals 1 ( one ).
France isn't looking good... pfft. The price action is quite normal - just profit taking after a big rise. Needs to consolidate, charts looking good...
Lol very true that
Lots to come yet