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sorry, they had 240000! request for kits@£5=£1.2mill (in lttle over 3 days for testing puproses) Hey need to look at the slightly long game here, when FDA approvals come through, world is ncyt oyster! USA and China talking about, would completly transform ncyt....they are best in their feild.....
stocksbof52, “ If they have order for 24000 tests then at £5 =£1.2mill,”
Think you may need new batteries in your calculator.
24,000 tests at £5 does not equal £1,200,000, it only equals £120,000.
I was looking at NCYT releases. Great, they have orders for a few testing kits which will become useless very shortly.
By the time most of the enquiries have been converted it will all be over. Sure one off boost. Possibly even quite a good one, but extrapolating to long term revenue and valuing accordingly is foolish.
It'll be back to 20p this week.
Yep that’s why I loaded up in the drop today
Prime can meet all orders but fast secure global distribution was all ways going to be a problem
=Roche
Stocksbof - your calcs look to be accurate
It does. ..and the virus multiplies in the gut .. sewage in water. / Recycled water works ...dear oh dear
Seems like Watching is always Watching.. GLA ; )
Stocks 24,000 ????
It's suspected coronavirus exists in poop. That is some finished on this board then.
Angel.
Take over may be ...
But I think jv with Roche and they will use their global distribution network
Gla
Watching they r backing primerdesign tests .. primerdesign tests work with their systems . A big pharma takeover possible .
Roche is promoted on Chinese distributors site ..I saw Roche / primerdesign / FDA images
Excited? Yep, a little..
Watching - look at my history, you will see PROP5 is PROP5 : )
If they have order for 24000 tests then at £5 =£1.2mill, they have shiped half which is £0.6, not bad for 3 days work. Now these were testing purpsoes, how much request/ orders have they recived since 17/02.?
Also following US fda clearance and china fda clearanc - what sort of orders could we expect worldwide....if we say 20mill world wide for the year! thats £100mill in revenue. Thats not rocket sience! is it.
Just need the fda approvals... and update from nhs. NCYT will be booming come this time next week. IMHO. Can see it over £4.......it will be brutal the other way too.......
Props
Roche ?
I was one of the luck ones that if you read my history got out of this at 213.
I jumped back in at 108 due to hearing what i heard and now happy to wait between now and 27th for what i believe all non shorters want to hear. GLA
Ive been told it will be announced on or before 25th....Not sure what time because of time zones
I'm holding and if it drops to 2p tomorrow i will be smiling.
Until when???
It's me saying I told you so, and I am not "short", wouldn't even know how. Financially I have no interest in the movement of this share now, but as an AIM investor in R&D shares I can learn from its movements vicariously. I felt it was looking dangerously frothy yesterday, and so it was. Yahoo finance took same line yesterday, "History tells us that flash-in-the-pan contenders don’t tend to last. No matter how staggering a share price rise seems, massive new interest in a previously unheard-of stock will deflate eventually.
And then selling out at a reasonable price is a lot harder than buying in.
While I do own a few AIM-listed stocks and shares, like video game developer Frontier Developments and multinational marketing firm The Mission Group, these are highly profitable enterprises with solid, long-term track records and high-margin sales growth. The same can’t be said for Novacyt.". See https://uk.finance.yahoo.com/news/coronavirus-test-maker-novacyt-900-151052826.html
Midas - you have my full permission to give me a FULL i f ckin told you so!! If not by 27th. I have been given guarantee and i'm more than happy with where its come from!!
It is TESTS not kits sold
You can’t buy one test!
You have to buy the kit with 50 tests For £693 each.
144,000 kits sold in 3 days!
Ideal Accompanying Reagent: oasig lyophilised OneStep qRT-PCR MasterMix Kit: 150 reaction kit
£693
Stocks how many tests are confirmed sold ?????
I cant say either BUT......It will be 25th or before.....