The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Compliments of UK2day on Twitter:-
We are introducing two 7-day PCR testing sites with extended hours of operation
https://www.gov.uk/get-coronavirus-test
Planning is afoot to deliver PCR testing kits to large businesses and schools. PCR tests allow the accurate identification of new variants.
Add in the increase demand for PCR tests for Travel and test volume is sure to remain high.
GLA
Macmdude,I agree,any chance I get to buy these shares to to keep them in our pockets I do,no matter how few,they keep on accumalating,keeps them out of the clutches of the you know who,cmon lads any odd coppers load up,you will not get the offer to do so the nearer to mind blowing updates,believe me I think it is coming before peeps realise.GLA.
Coherent messages. ( apart from re-emergence of bizarre visitor with strange agenda??! )
Agree fully with post from Try2buy low.
Clearly documented forward plan would re-energize the share and send shorters scurrying. ( and I know they read and use these chatsites but I can’t find a middle-finger icon anywhere.
Until forward guidance and contract dispute is documented and published then clammy shorty-hands and daily trading houses will be in charge.
As long as this share is in the hands of so many short term private investors( unlike some here I know) then it’ll be volatile.
Private investors are at the bottom of the food chain and are cannon fodder to the City.
Best advice I had today here was just not to look at the share at all !! Soundest advice (!) but very hard to do.
Ten tickles might do the trick.
Well the 23/4 Rns was a suprise to me and the inclusion in anothed framework yesterday was another pleasant surprise , confirming DHSC is open for business with Ncyt. Another suprise is the speed with which Ncyt intend to bring their LFT to market for both home and professional use. The shorts will close prior to results. Test Test Test.
Think the total would be
50 kisses.
Getting the share price to five squid would be a start !
@try2buylow
That would certainly class as an unexpected event - Lol
Getting a damp squid off the ground !!
A...None as you cannot write about unexpected events. Let's not beat around the bush. The only thing that will get this damp squid off the ground is A) big contract wins or B) clarification regarding DSHC contract; the very thing that made the SP drop in the first place.
I agree loss of the DHSC contract undermined expectations of future earnings.
What they might do is release a cogent plan showing current business organisation, revenue streams with projections & net return expectations to YE & the forthcoming two years.
THAT would scatter shorters & bring proper fund interest.
Current business Commercial DHSC Others YE21 YE22 YE23
UK PCR - standard test x x x x x x
UK VoC tests x x x x x x
US market x - x x x x
World x - x x x x
X X X X X X
Ambition for growth
UK PCR - standard test x x x x x x
UK VoC tests x x x x x x
US market x - x x x x
World x - x x x x
x - x x x x
Total X X X X X X
They don't have to give sensitive detail away, just enough to show they have a plan & a list of dependencies/risks & milestones with some narrati
I wish they'd play the game a bit, it is AIM after all. I don't know, like holding back a bit of news for example and then releasing back to back rns's to take advantage of the recovering share price.
I had a feeling there was going to be another one this morn but it didn't come :(
Short was on the Bourse just after open. SP increased slightly then Short placed.
Very predictable
Incidently, i did put a request in if it was possible for news releases to be issued at different times?, not just 7.00am. Would love a short placed at 9.30 and then news dropped and them blown out the water. Need to mix it up a bit, make it less predictable.
With a new fund buying in, would be great if they took up the slack this afternoon causing the short some pain. Sooner we are off the french index the better.
Window reducing, news inbound, remaining VERY positive as i say, this stock belongs to the bulls and we will reclaim shortly.
GLA
Hopeful
Same hymn sheet.
I am just expressing myself regarding the present market and its modus operandi.
In chagrin but acceptance of what is.
I walk the same path.
Whatnone:- also agree.
I just feel that it may be some wait. ( which I will do )
Clammy fingers are sunk deep in here.
@crl123
Can you and anyone else explain how the sp got up to double figures on two separate occasions when shorts may have been open? Perhaps the answer lies in the fact that the buying pressure is simply not there right now and we need few more items on the shopping list crossed out :-
DHSC contract resolved
LFT Product approved
Major Award from DHSC £3billion framework
Positive news of market penetration in US
Acquisition of another business that is accretive and gets us less COVID-19 reliant
Oh and some really good financial results in a few weeks
The shorting thing is a pain in the backside but it another way of making money for those who can play that game.
For now I am happy to look forward to good performance data and for buying pressure to return. NCYT is a class act.
@CRL We have got used to this regarding the sp. If you believe in the company which like me you do there is not much we can do except sit on the sidelines and be patient. The unfortunate thing is we are both over exposed to NCYT and sat on big losses so it hurts a little more. Harder said than done but we should switch off from looking at the SP for the next few weeks.
Probably large order to fill... no realistic reason as to why! especially with last 2 rns’s
#city&shortsSUCK :)
The present manipulation downwards is ridiculous and so damn predictable. For me to see it coming it must be.
The share price is utterly divorced from financial fundamentals and company news and prospects. One can read in the potential purposes of doing this. World Quant et al shorting and wanting it back down/ the need to expunge the share of too many private investors ( yes it is real)/ accumulation by some institutions at low prices/range trading to make short term money every day etc etc etc bla bla
The uncertainty about the govt. contract revenue is overplayrd but being used.
Apart from Petrofac I have never seen a share with overhanging news ( or lack of. affect the price as consistently. Their legal issue was much more threatening though.
Only when uncertainty is fully removed and perhaps when many disillusioned punters have left is this likely to stabilize.
All my opinion based on previous experience of shares which are held very very tightly by shorters or trading houses or both.
A profit warning is a profit warning and will always be looked upon extremely negatively. Whatever comes of it though the company are certainly in a strong and healthy financial situation, free from debt with cash in the bank so it's unlikely to make a great deal of difference longer term now it looks like the relationship with the government and government agencies is still in tact.
Triumph I agree with you in general that it's the unexpected left field events that lead to rapid share price rises but that doesn't necessarily apply to this situation. There are some obvious reasons why the price is where it is and there are some obvious solutions to that, solutions that will be enough to kick start a rally. One being an amicable conclusion to the dispute and secondly a bullish and positive longer term strategic plan (Q2). Of course they aren't a guarantee but there's reason to believe both will happen in the not too distant future.
@triumph1
You're afraid !!
Thankfully I'm not afraid with regards my long term investment here.
My brand of logic has not been far off the mark on all counts troublesome, and I'm merely pointing out the obvious.
As predicted, business as usual SP movement until the aforementioned happens. Not much more to say about the matter really. That's the cold hard reality of the situation here I'm afraid.
Whoops
Assuming that your logic is correct !!!
@triumph1
Assuming that your logic.
It could be argued that your intrusion here so early in the day could be described by most true investors here as an unexpected positive event as you're desperation to create negative sentiment towards the company is evident for all to see.
It may be better to apply your particular brand of logic designed to instil fear and anxiety elsewhere.
We all know what you hope Truimph1 and Novas inclusion in yet another framework agreement , this time to supply the very thing that can prevent a vaccine derailement , the supply of fast no lab required VOC genomic tests has obviously rattled your cage. Read up a bit more not to late to invest. So many catalysts here that I'd be up half the night typing. Superb Rns 23/04 and first one delivered tick , whats next , am sure you will be watching closely as your presence indicates. Massive boost to all holders today as the govt has clearly indicated yet again it is open to do business with Novacyt. K
I'm really not interested in engaging with you @triumph1 as you a have been a de-ramper of this stock since trying to peddle covid breath tests that never took off a year ago!!! I have no interest what you say.
There is a mass of updates due at any moment, numerous ones that will result in the SP going far north.
The update of the DHSC Q4 position will be established shortly, why am i so certain? well put simply a) DHSC are finally getting their act together and sorting their backlog out and b) Audited accounts are due to be published soon anyhow and if it's not resolved a provision will be shown - clarity either way.
But for all the things i list, the CE Mark, if it is secured for "Home' use in addition to "professional" is the biggie, we can corner a fairly big section of the market with that. Initial capacity is 1 million units a week, i can see it going significantly higher. Oh and if any business knows about securing validations, Novacyt do. They have secured validations on numerous products already and understand the process
I remain VERY VERY positive..
Pork's
Porkster, the biggest SP movements come from unexpected positive events. Events that are known with relative certainty to happen; once reported usually have a detrimental or minimal impact on SP as there is no longer anything to look forward to in terms of news flow so the stock gets sold back.
I have a brain teaser for you...What catalyst did you mention in your last post that could qualify as an unexpected positive event that could materially raise the SP?
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A...None as you cannot write about unexpected events. Let's not beat around the bush. The only thing that will get this damp squid off the ground is A) big contract wins or B) clarification regarding DSHC contract; the very thing that made the SP drop in the first place. Play dot to dot all you like, but with GMs smoke machine it's hard to see the picture that's formed. Let's hope for your sake that all that smoke is being used to set the scene for a performance of a lifetime.