The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen 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.
Early to mid this week was exactly when I expected a bit of interest and buying pressure to start to build in the run up to the results and strategy update in ~ 2 weeks - let's hope this little uptick is the start of that.
ValJu I think you know the answer to that. It's one thing writing with assuredness in your own opinion it's another really believing it. Byp you spoke very confidently previously about trading ncyt going forward and making back your money that way but all we've seen so far of your trading is selling some of your holding in mid February at 208p (if i remember correctly). It did end up falling after that around the outbreak of the Ukraine war but I don't remember you sharing that you'd bought back to take advantage of the fall - did I miss that out of interest?
I wouldn’t say I’m ramping the share Valju, but ok. It is probably quite obvious that we are stuck between 215-245 at present. That’s about 10% movements, so I’m just selling a little bit at 240p and buy back when it drops below 220p. Wish I’d done it along time ago. I certainly never ramp this share though on hot air as don’t think it’s fair to new holders.
Im neither and I would say, you seem very sure of "your" opinion as to what is right and wrong with this co, yet you dont sell and place your funds in a better stock?
You suggest you hold well "suggesting" others, may have to wait a long time...?
Personally, I dont agree, but then when do we ever agree :)
I think you you are furstrtaed at lack of recent movement and it isnt rising high enough to trade the last lot you bought, so you are "trying" to talk it up into the 2.40's ?
Well I bought in the 1's which lowered my whole average right down and am (probably) like many others who bought in low, to reduce their average, just waiting patiently for it to rise when its ready, with not to much downside, PLENTY of upside and in no particular hurry, as lets face it, not much % in banks still and nothing much on aim, is going to plan at present all that can be ramped has been and now fallen back...
Boy you must be fed up of waiting, knowing how quick your frustration can be/get lol
Chillax Byp, maybe some soothing music, a nice early Easter G&T and stop telling us we are all wrong in our approach and you are right... why? cuz we dont believe you :)
imo
thanks byp. always good to hear the other side of the argument.
And Captain, agree with your comments on ODX. Must be the worst share out there. Now I would certainly say that Novacyt is a million times better than that pos.
Captain……I hold because there is little point selling. The lowest price is probably 1.40 and even selling at that price would hardly effect the overall percentage paper loss of my holding. I live in hope that this share price will spike on some news, then I’ll sell, buy on a low, repeat until I hopefully break even. That’s the strategy after incorrectly holding. Same as what everyone else is doing who has high averages but unlike myself are worried about speaking out.
I think the TATA rumour is nonsense otherwise more would be known from insiders….these things have a habit of getting out. I don’t hold much hope in DA and think he is was the wrong choice and his lack of experience in a CEO role is perplexing.
So I hope that we get a spike on DHSC resolution. Apart from that, Biosynex holding seems interesting but they clearly are only buying at this level. So we should get a small tick up if they are still buying. Then I will sell and repeat again.
Other than that, not much else is happening. Little volume and interest and the only comments on twitter seems to be that mad old bat MatrixAnalysis that talks to herself all the time.
"Now that you have mentioned ODX on this board,......"
please don't. Maybe buy the food intolerance test off them for a few £m but nothing else - it is a dead duck
byp - i guess the £12 was based on sentiment with a gov contract in the middle of a pandemic. Unfortunately the gov contract dispute has hammered the share since. I don't know if ncyt has the ability to climb to those lofty heights again but i do feel there is good potential at this price
i am invested because out of the diagnostic companies around - NCYT has shown they can be nimble and act in a way to profit from extenuating circumstances. they have done it with covid and i suspect what they have learnt will stand them in good stead for any future pandemics etc. they should still have the ability to generate income from covid this year
they have a war chest which could be used to great good and a fighting chance of increasing it if the gov dispute goes their way.
i agree with your reflection on DA and he did not impress me in the slightest with his youtube interview. however i am willing to give him until the end of this month to see if actions speak louder than words.
the fact that bio are hovering in the background and increasing their stake - albeit slowly shows that it peers see value as well.
I am interested in why you continue to hold ?
Now that you have mentioned ODX on this board, they have £8 million + revenue from there health and nutrition products. At £9M mcap it would be a bargain for us and give us non Covid diversity. Imo.
Are you for real easychair? maybe you could just post rubbish like this from your ODX post. Im sureeveryone will start buying in with such educated posts.
"I bought in yesterday having sold out at 80p at a loss. I can't see why this won't reach 15p short term. Pre pandemic this was in double figures. Oversold and now rerating imo."
DRB....just because you are positive, doesn't mean you are not a troll. You have constantly and consistently ramped this share on rumours that just are not true. You can never accuse me of losing investors money.
To certain posters, just give out your mobile phone numbers, so you can txt each other or just chat, it will save you all time and stop genuine holders having to endure reading drivel.
Trolls like to use the word ramp or ramper in every conversation they have. Shame you don't actually appreciate its meaning.
I'm just positive about a company I'm invested in. Like 99.9% of other investors.
Are you still sat in the same room as Porky?
No one is going to trust an investor who just ramps all the time to coincide with dips.
Byp, you must be sat in the same room as PI100. All I can say to you is that given where your head is at with this share you may want to reposition into a company you actually like and see potential in.
No one is going to trust an investor who holds shares in a company they don't believe in. There are thousands of other companies you can invest in. GL
yes.byp, if you look back on my posts (btw byp,don't bother,you will be wasting your time on this bb,however much this might be construed as you are a master of this art).
Grandma sucking eggs comes to mind.
bullraider........the mms earn money on the spread. They need volume. Use your brain and dont believe in conspiracy theories.
DRB....you know as well as I do that the SP got ramped, it was never worth £12. Then we got the famous double top at the end January 2021 as a secondary ramp and then the big sell off. A lot of people here are guilty of those ramps (like your alter ego Porky) that likely led to investors getting caught up in the moment and then trapped for the long term or forced to sell at a loss.
Now we are trying to sell the 'jam tomorrow' story with another long term strategy. Have you read the long term strategy in each of the annual reports, I can tell you now that they all failed except the lucky blip for those 6 month in 2020. Before then there was failure after failure followed by the hoodwinking buy GM in those 6 months and then followed by more failure. Nothing has changed, the same people who led this failure are still in key board positions. James Wakefield is still as useless as when he first joined Novacyt.
So what has changed? We have a new CEO, one that is a ghost, one that has done absolutely nothing in the 6 months that he has been at Novacyt. A first 100 day report that I could write in my lunch hour. No new products, no new IP, just reporting on the same delays in product updates for the CDTA which had already been submitted way before his time at Novacyt.
DA has managed to sort out his LTIP, deliberately muddied the wording but in fact means he can stay quiet for the next 2.5 years and then ramp away just as GM did. What else, oh yes bought some shares, probably for tax write off reasons.
The same useless communications exist for PR and IR led by the equally useless Mandy. The MA has not changed, same product delays, same turnover of staff. A leadership team that hasnt the foggiest of what biosynex are doing. 10 year old technology of IT-IS with a few software updates.
Now, you guys trading are trying to ramp to coincides with the 215-220 bounce (if we are lucky). Might return to 240 and then back down. Volumes are nothing, there is no interest here, the story is dead and I have little confidence in DA to change that.
Now the traders will say, you don't have any shares or you cant sell what you dont own. Or deramping to try and get a cheaper entry.
Page 17
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1067672/Technical-Briefing-40-8April2022.pdf
Page 20
XE mentioned
"Whatever way you look at it, a lot more people are worse off from investing in this stock than those who have profited from it. That is a fact. Most of those have already been forced to move on and are trying to recoup their losses elsewhere."
what utter gibberish,how you see investment by those caught up in mm shenanigans,the market will always win
FYI
NPT is the future, we are well placed.
https://www.bbc.com/news/health-61078867
How Nova reacted to the previous outbreak
https://www.labbulletin.com/articles/update-acquisition-primerdesign
Hi wilson hope your good and not working too hard..... In march a intresting contract appeared on bidstats.. For about 500 million.... Shows still a lot of testing mileage
Not to mention also that back in Nov20 vaccines were months away or so we thought. The covid market was rising substantially. We had a £400m contract which could stretch into the billions. All this positive sentiment for ncyt boosted the SP to £12+.
Now on the other hand. Covid expectations are £60m for FY22 and dwindling. In a few weeks we will learn the long term strategy of ncyt. The route to midcap that is not totally dependent on Covid. In 6 months we should start seeing the fruits of this strategy with new non covid products coming to market. We also have no debt and £100m+ cash to make it happen.
Imo. The covid phase has been and gone for ncyt. It's provided us with the finances, customer base and distribution channels to transition quickly into a non covid arena. The transition starts in NOW so imo now is the exact time to buy. The directors are also telling you this.
Sorry for the typos there, writing too quickly on my phone.