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Well can the toss pot comments like "ohh share run over, back down again as expected" stop because a few that "Trade" take money money out and then want to encourage others to do the same after the first couple of hours trading!!!!
Results on Tuesday will be solid, we don't know what provision may or may not be allocated for DHSC but we do know that the H1 will be due out only a short while after and that is likely to continue the run. Plus the new product lines adding, plus partnership deals.
I will maintain my positivity and those with other trading agenda's can go do one frankly.. seen it here for months on this very BB and I know what's going on and the games played...
£ 263m mcap is still a joke.... it has a long long way to go yet and i'm backing the all the way.
Good luck all genuine holders
Pork's
Risehall. The interest should be interesting..
I worked for a small engineering firm that was taken over by Northern foods ( was a while ago.)
They had an accountant whose daily job was solely to scour the worlds banks to find the best place to invest that days takings. I suppose ncyt will do the same.
Expenses may have risen but don't forget that money makes money. For a small fast growing company, being highly cash generative and having tens of millions sat in the bank is a fantastic position to be in and hopefully Novacyt will set out plans to catapult the business forwards.
@soder, quite, all the cash projections on here worry me, the company doesn't operate with no operational costs, we've seen a huge increase in workforce loads of R&D not to mention production costs, so really we have no idea what cash in bank will be, it should be healthy but until they publish the rest is just guesswork
Yes guys can we quit the ramping please, we saw many examples of this last year with certain people posting ridiculous ideas of turnover figures which were nonsense of course. Some people adding 2 and 2 together and getting 11. It really doesn’t do any favours to the long-term health of the share price and its stability.
It's a bit ripe.. the share price drops 60% and then a poster is asked to lower his expectations. W.t.f.i.t.a .
Maybe it's a nice counter to those that have just turned up. For some it's not the predictions that they do not like it's the informed posting that goes with it.
Well that would be true if anything posted on this BB actually effected the share price.
Guess what will happen porky if you ramp ramp ramp between now and Tuesday and then the reality does not match your fantasy? We will get hammered. The share price already reflects a savage hit from dhsc including large negative cash adjustment and slow down in sales going forward.
If we all go in to Tuesday with that as our base case rather than currently “likely having 150m of cash” (which is is nonsense!!!) then we may be pleasantly be surprised and the share can find a footing and base to grow from.
Operational cashflow is different to cashflow. Companies need to fund themselves and we can see margins have likely decreased as testing has become more competitive over last few months. This biz has been hiring (adding costs), capex has been spent in R&D (new tests), working capital may have been a cash drain as q machine inventory was built up….all these cost money and MAY eat cash upfront. Your preidiction of 60m FCF in H1 to get to 150m (from 90m at year end) is needlessly bullish. You get all the financially illiterate dream chasers fired up and frothing at the mouth and then the share bombs again when they ncyt do not meet your equally financially illiterate expectations.
Let’s just set levels to a normal expectation.