The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Dr dev.. I check this board regularly but do not post... 5 posts total.
Yes.. no concerns as the share has dropped an now appear when a short appears. Lots of new posters are reaching new lows..
Ironically their desire for novacyt shares on the cheap now make this is hold or buy. The elephant in the room is the DHSC. We need some direction from one of the media channels. Just a hint would be nice.
Beware the shorters any form of lying is acceptable to them...and new lows are on show.
Thank you for the posts. Yes I agree 100% that money has been wasted on poor and substandard kits but the government doesn't want to do a u turn on this topic. Regarding when I bought in I am still in profit as I have held since Feb 2020. And I bought in as a punt to see how it would go. But from then it has risen hugely and it was my fault I was greedy and wanted more and did not sell. Now the profit has dipped a lot. I am still going to continue to hold but I must say the momentum is really going from this share I feel. It also seems that some people just want to hear positive news and turn a blind eye to any criticism. The reality is the share price has tanked since Jan 2021 and it will take something monumental to get it to close to £12. That would be a 300% rise. I hope it does I really do.
The buck stops with who ??
Someone who has wasted billions on procurement of crappy Chinese PPE, LFT's and cronyism.
Defineitely overweight, mired in legal action with his bit on the side and condoning all manner of dodgy lobbying and unprecedented greed.
Good to hear from DrDev. I'm sure he can confirm both that the NHS continues to waste multi-millions through poor procurement, has an overweight but ineffective management tier, and is permanently mired in a multitude of legal actions.
Don't worry DrDev, I'm not going to forecast a £54 a share future price. Not to say that couldn't happen, but it would be years away. I can say I think the SP should recover soon from these oversold levels. Some clarity on the dispute and what it means for earnings, but especially clarity on the strategy to cement NCYT as a midcap going forward will see to that. £10 is my prediction. Quite soon now.
@Hydr31
Please note that I avoided getting too personal with my comments as I am not aware of anyones individual situation.
' Don't dig up in doubt what you planted in faith '.
Drdev......very very strange you say you bought in Feb 20, when very little was known about ncyt! In fact in Feb 20 , there was hardly any deaths in the UK, it was still mainly a Chinese flu as most of us thought! But you never posted back then! We got ce and fda, approval, you never posted, we got a massive contract in Sept and our sp hit £12.00, but you never posted! And now here you are! In the green bin you go..... .jog on
Troublesome, arguably there is fear because of the uncertainty the company has created.
I don’t think it’s negative and ‘deramping’ to say so, that’s just honest.
Likewise there is much to look forward too and they do say speculate too accumulate, fear is your friend ect.
But I don’t think we should just blindly ignore negatives, but talk, discuss, be aware, learn.
Dr Dev I'm march 20 with my initial 392 shares lol I have topped up all over the place as I've had small amounts of money, I must say you've been exceedingly unfortunate to be 15k down must have timed those top ups worse than me, good luck with your investment and shift.
The only thing that was painful here yesterday was reading some of the posts by the usual suspects.
Intentionally seeking out and playing on peoples anxieties and fears is the pits and they should be utterly ashamed of themselves. Anyone supporting them is equally complicit. The longer some of their posts got, the more desperate they appeared, thinking it would give them more credibility.
Some of the wallowing in self pity on an investment board was something to behold.
Porky thank you for your reply and mention. I am not a shorter as you suggest. I check this board daily and read through the comments but rarely post. I am actually an NHS medic that has been working in the hospital throughout this pandemic. I have no interest in entering into a verbal dual. But I do want to ask you something. You have stated that this will reach £54 per share. Now I don't know if you do this deliberately to try and ramp and mislead however, I think it is pretty irresponsible. Is the share price dropping from £12 to below £4 to then suddenly shoot to £54 part of some grand master plan? I have been invested in this share since Feb 2020 and I want this company to do well. I should have sold and didn't at £12 and now I am nursing a loss of £15k. So all I am saying is please be honest with the posts because it is regular working people that seem to get their fingers burnt. I know people will say you should do your own research and don't take this as financial advice however, I still think there is some moral responsibility to overramp and underramp a share. There are a few that keep saying follow the fundamentals however, the same figures have seen a drop in share price of 66% since Jan 2021. I wish this recovers I really do. Anyway I must get ready to start my shift.
I agree porky.
Round of applause for some of the deramp posts from shorters today. Better than some of the very amateurish stuff we usually have to put up with but ultimately still easily spotted by most and a waste of time given this is so undervalued and oversold.
Go look for another victim scumbags!
Here you go:-
https://www.shortics.com/novacyt
You will see here that we had a short of .64 from World Quant on Friday and Today they have actually increased it!!!!! to 1.19 try and give it one last push down to encourage retail sales BUT the attempt failed as the stock is oversold.
I would just love Novacyt to put out an update to absolutely stuff them. The GREAT news is that the moment the SP starts rising, they can try and short more and chuck more money at it but ultimately as buying pressure increases they have no choice but to buy it back hence SP rally.
Why anyone wants to short a stock on >X1 is beyond me but of course with a bit of uncertainty they can play on that hence the effort going in here to create miss trust.
I'm still adding, mcap now so low in relation to earnings its just a matter of time before a serious re-rate.
Good luck all,
Porks
Truly amazing
Shorting syndicate posts tonight from active "new" accounts "DrDev" and "Fortuna8" possibly the same poster really is the most pathetic blatant de-ramp attempts so far. Pathetic.
Great long winded posts to create fear and panic.
There is NO "loss of half the turnover" for the year, that's blatant miss-information.
There is a dispute which "may" affect PART of the revenues in Q4 of last years results. However the bit they don't like highlighting is that even if we were to strip 100% of the revenue out from DHSC for that quarter the year figures are still AMAZING. Further they just delivered £76m revenue in Q1, these are sales figures most businesses can only ever dream of. The world market is huge.
The issue shorter's have is that the position needs to be brought back and they desperately need you to sell hence the concentrated effort here since last week when the short was placed. I will prove this in a moment.
IF you look at volume today, retail selling has all but dried up. So if a small amount of buying pressure starts the SP will quickly rally. We only have 70m of shares in issue. This is a MASSIVE factor here, compare this business to other listed companies and you will see hence it doesn't take much to move the SP big time.
Good luck all genuine holders, if you are not in ANY hurry, in my opinion you should give this business until at least H1 result's and statement to end of June. Only a few weeks now anyhow and by then i believe the outlook will be materially different. In the meantime, these posters will come and go but their mission is clear to encourage retail sales. Don't fall for it
Good luck all, starting to get interesting
Pork's