Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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What happened to OptimisticGuy? Did he get banned?
One would ask, who you would replace LR with? Rather than just attack his past? #PeopleChange
I like your optimism WBAFC.
But imagine you have a CEO who was lied in the past and destroyed shareholder value. Below are few videos just before he put yourgene to ground.
https://www.youtube.com/watch?v=ZgY1bMsfyTQ&ab_channel=InvestorMeetCompany see this video from 34:00 onwards
https://www.youtube.com/watch?v=u6U_By8AhWA&ab_channel=BruntwoodSciTech from 1 year ago
The above videos will tell you how good he is with marketing but outcome was zero and company went bankrupt.
Londonwatcher , if you got burnt from Yourgene then I completely sympathise with you and understand how you feel with LR . We are hoping LR has learnt from his experience and will make good business judgement now. He will have a lot of money to play with at Novacyt , hopefully £130M + after the DHSC case is clarified. I cannot imagine LR will make the same mistakes again and sink Novacyt. He will be rewarded exceptionally well , for each £1 rise he will get almost £1M . LR will never get a better opportunity anywhere like this in his life , and he probably knows this is his last big pay deal he will ever get . If he fails , I doubt anyone will ever employ him has a CEO. LR will be aiming the SP to be has high has possible £20+
LR is the captain of NCYT and is going to sink this company as well.
LW your reason for being here is what? Why bother?
Can you trust a CEO who lied in the past and hide the facts from shareholders? I won’t as someone who lied in the past can do the same in future. For me it’s a question of ethics.
His pet statement was that we are building a business and SP will rise on its own. And he drove the company to bankruptcy.
I don’t trust him as he has no business acumen. He will burn all ncyt money and will this company to bankruptcy as well.
Londonwatcher , maybe you got your fingers burnt with Yourgene and that's why you hate LR. What LR has now is lots of cash to play with. ! This share is a big buy I suggest
I have zero confidence in LR as he has been positioning yourgene in a big way and was burning cash at excessive rate which ultimately push the company into ground.
With LR leading NCYT except from good marketing / LinkedIn post don’t expect much happening.
My thinking is we have a strong BOD with now how that has the ability to develop Novacyt into a billion pound company. Once the DHSC case has been clarified , the £130M+ in cash would allow scope for 3- 4 good acquisitions and generate profit margins of more than £100M annually. The LTIP , even though set at £1.38 is low , it more or less guarantees them , the BOD , the maximum shares. All LR & board need to focus on is creating a strong business plan and capturing companies that are in trouble ( like Yourgene were ) and have the potential of strong revenue with the right direction. Joanne Mason 'JM' appears to be commercially tuned with knowing what diagnostic molecular companies are doing what and how well . I make that obervation merely by the fact I notice she is clicking onto so many different molecular diagnostic companies on LinkedIn which I didn't see from James McCarthy or David Allmond or James Wakefield. Graham Mullis is still very active on LinkedIn and always clicking onto companies and executive personal. The fact JM is seen to be looking at various companies demonstrates she is seen to be active unlike the others I mentioned.
Bird flu virus found in one-fifth of US milk samples, testing shows.
Early results from sampling study suggest bird flu could be widespread in America’s commercial supplies.
The PCR tests used to analyse the samples can detect both live and dead virus fragments, but cannot distinguish between the two.
“Additional testing is required to determine whether intact pathogen is still present and if it remains infectious, which would help inform a determination of whether there is any risk of illness associated with consuming the product,” the FDA said.
https://www.telegraph.co.uk/global-health/science-and-disease/bird-flu-outbreak-cows-dairy-farms-us-milk-supplies/
Should NCYT be successful with their defence and the counter claim, the cash in the back shall be in the region of £2.00 a share, however we shall have to wait and see, fingers crossed.
Wrong thread.
should have been on the 30th April one.
Good weekend to all my fellow long suffering shareholders.
The clock is ticking down.
A good reason to get down my average further next week.
Would be good if we get to £1 before we win our case, as I believe it will allow the SP to rise above £2.50.
Posted under wrong thread but I'm sure the point remains the same, pushing hard.
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Harchris...the target price is completely wrong as a win will give them 100% straight off.
They will achieve no more if it is £5 within the 3 years
Doesn't matter what else they do they won't get any more
Tbh what they gun for means nothing...it is what they achieve..the last two years have shown that.
I do think LR will do better...certainly at playing aim game
Long term the jury is out
CS the £1.38 target isn't an incentive but the knowledge that they'll receive 950k/390k/465k shares for LR, Steve and Joanne respectively incentivises them to make as much of a success of this as possible - the difference in cash terms between £1.38 and say £5, especially for Steve and Joanne, is significant.
There's not even a chance their focus will be on just ensuring Novacyt is a £100m mcap/£1.38 a share company, they'll be gunning for many times that if they win the dispute.
WBAFC. Yes exactly. I can’t see NCYT putting an end to it at this stage. Especially as they’ve been so confident of their case all along. It’s also their reputation at stake.
Islandgirl, 19th April RNS:
“The trial hearing has been listed to commence on 10 June 2024, and finish on 4 July 2024. The Company expects the court to reserve judgment, meaning that the outcome of the trial will not be known on 4 July 2024.”
CS , I think in human nature greed is a big motivation . I think the next 2 years LR will be building the company up and hopefully we land a few bolt on acquisitions and some meaty contracts . The SP could well be above £10 , or £20 by the time 2026 comes and he can sell some of his shares which would be worth millions of pounds. I would be curious to see if he or any BOD buy up some shares after the DHSC case is finished.
Wb...if they win the case the ltip is met.
They can close up shop and do nowt for 2 years.
Hardly an incentive.
LR strikes me that he will try and shift the sp..more than others before him
However ultimately it will depend on him getting results and not bankrupting the company
I think pre trial is regarding DHSC £135M claim , which will be rejected. The court case will be Novacyt pursuit of £81.5 M + interest [£10M] and Novacyt will want every penny and that's why it will go to court
Darktrace . ..departure will harm lse and encourage others to rethink
For every £1 on the share price , LR will pocket close to almost £1 Million . So £25 per share will generate him close to £25 Million . Therefore , it is a very massive motivation for him to make Novacyt the company very successful. I cannot see the BOD having any problems reaching their LTIP of £1.38 in 2026. This is a massive opportunity for LR , JM , and the CFO to become absolutely filthy rich , multimillionaires ! They will not have a better chance anywhere else. Wish I was in that privileged position !