We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The great thing about the market is that it is bigger then any one person or group and it will determine as news drops what is and isn't worth investing in, so any leverage with a cleavage , elbow test and all the rest will make no difference at all to what lies ahead. That being said , amongst all the "banter" on here today there was some news that holders will have been pleased to hear. The fact Nova is chasing LFT tenders means they are progressing well and news must be fairly imminent. With regards to international business mentioned earlier in the year , I assume , do not know, stress assume ,that a lot of focus was given to the contract that commenced in Sept , probably gearing up from August. The outcome of that we await. In my view our CEO did a 360 and to capitalise on covid went down the LFT route as it became apparent that the longevity of covid due to variants was an ever increasing window. Time will tell, happy to hold. K
Regards the U.S. he said ' expects to update the market in due course '.
Many on here say that they expect things to happen in due course so it must be hard for those in particlar to criticise the CEO in this respect. Suppose it depends upon each individuals time scale in respect of their investment here and also their expectations and patience in staying "the course".
The going can certainly get tough at times.
Just looked at another painting job. My customer is a nurse and she showed me her innova tests. It frustrates me we are not better protecting our front line staff.
Agreed Butchers, I genuinely believe it will be £12 again. Whilst it can presently be deemed a covid stock it has lots of cash to diversify and that's what we're gonna do. Testing is still here, lots to play for.
There were other things that got forgotten from previous rns statements. But the pandemic was active and markets were fluid. Major markets changed from the middle east to germany to america. The trump administration were in denial and ignoring anything foreign
The DHSC problems show how volatility and uncertainty come out of no where.
The only certainty is novacyt keep churning out world class products and posters are now clutching at straws. It looks like another winner is being born.
Remember this from a 02.06.2020 RNS VanV?
"Novacyt is also pleased with the progress it is making in the US market and expects to update the market in due course."
That update never happened.
So I'm taking GM's expected update statement with a pinch of salt at the present moment.
From 15.10.2020 IT-IS Acquisition RNS:
"In addition, an earn out of up to £1.9 million in cash is payable to the directors of IT-IS over the next two years, subject to certain manufacturing targets being achieved."
I have always thought 2 years was a very long time for an earn out, when Chartwell were available to improve the 'here and now' production situation.
NCYT bought everything, including the rights to any R&D / new products.
IMO GM negotiated the 2 year earn out with directors because he had a few jobs for them up his sleeve.
We will soon see the first product I believe.
ShuanP has IT-IS staff as 14 in his files.
Thats quite a jump!
Bladesharp from your notes what's the increase in it-is staff?