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Randox say 99.9% of tests arrive on time!!!!
Pity Martin Lewis didn't do a bit of quality control before he put out his advertisement oops sorry I mean helpful list.
Randox getting ripped apart on the one show now
The market really isn't interested in profit, growth, cash, underlying fundamentals. It cares what the lines on a chart say. Companies looking to take us over however, now that's a different story entirely, and that's how we are rewarded when the markets are a complete basket case.
@levincoolpal
Fair enough, as you say we need to attract new interest.
The rant was unfounded. The correct response was probably to explain to the poster the difference between a retail outlet and Novacyt, but i guess many just think DYOR correctly.
A good starting place would be the annual report. It details exactly what they do and where they are at. If you are looking to invest here or unsure of what Novacyt do this is a great place to start:-
https://novacyt.com/wp-content/uploads/2021/06/Novacyt-AR-2021-2806-spreads.pdf
As for the simply wall street site, it was reported to them but they have no physical client services. The data is totally incorrect, they are going off outdated revenue figures. Its not a site i would use for quick stats on Revenue or PE Ratio or news etc. I would suggest a site such as HL more accurate for data:=-
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi
Hope above is more helpful
I don't think the market gives a **** about the H1 earnings. If it did the price wouldn't be so low. It cares about dispute resolution and expected earnings growth. Its 100% sentiment driven, numbers don't even figure in the slightest.
Unfortunately we are caught between a brick and a hard place. Until we get the H2 numbers the market is going to treat us with caution. You must remember that our numbers were believed and the sp soared, then we were informed of the dispute, and everything before that became a lie. Now we are sitting in the position where the market doesn't trust us and wants to see the first 6 months of trading without the disputed contract in order to re-evaluate the situation.
I know we had a trading update recently but that is not how the market works; they need to compare apples with apples. so a 5 month trading update is not sufficient, half year figures are what is needed. Personally I believe they will be good, we just need to see them.
Guys we really ought to respect everyone's point of views. The SP is not going to be moved whether one has negative or positive views. The guy is only sharing his take on things. There is beauty in diversity.
I have my own views which I sometimes feel like i should share but am sometimes conscious that I am not adding value when you are named a de-ramper. A more deeper discussion will be fostered if you speak around the subject as to why they might have such a low SP estimate. My take is that they have not updated their metrics.
@Wilson63
That was great, I absolutely love Madness:)
Special prize for an embarrassing attempt at deramping
https://www.google.co.uk/search?q=embarrassment+madness&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
And on "Wallet Investor" the SP is forecast to be £6.89 in 1 year & £20.81 in 5 years.
Each to their own.....
@ brookr , I thought you cancelled your simply wall street subscription ?
Stop trying to talk down this share !
Busted !
brookr2144
Simply Wall Street27 Jun 2021 20:26
Porky: Now I can see where they get their data from.... plucked out of thin air! A few other messages expose their inabilities to report accurately. Hence why I terminated my subscription 2 months ago!
brookr2144
Posted in: NCYT
Posts: 86
Price: 344.00
No Opinion
Simply Wall Street downer27 Jun 2021 16:57
I'm not de-ramping, but Simply Wall Street that I once subscribed to have the current SP of 4.2 Euros and 81.4% over-valued.
They seem to think revenues are going to drop off a cliff after this year. It is this reason that we are where we are. I know there is so much positivity around Nova's future but when I see this, I ask myself where are they getting their doom and despondent data from?
Simply Wall street is a completely inaccurate pointless website.
AVOID for any meaningful information.
Remember news of any kind is not factored in... so it means nowt
I'm shocked to see that the current SP of 3.96 Euro is considered to be 434.8% over valued by Simply Wall Street.
They obviously think that Nova was a one trick pony with revenues expected to decline from where we are now.
I find their projections way of the mark, but even so it's of concern!