Member Info for 21ATS

For what it's worth, I've bought this as a long term hold as somewhere to park money from a recent house sale where it will also produce dividends. I also bought Barclays for the same reason.

So the Barclays analysis validates my own feelings about where VOD is going in a year or two, which is the timeframe I'm looking for.

Short term it's probably not going to be much fun.

A new entrant.....82.4p please.

For the record, I don't think it was brave. I felt remaining invested is a more brave decision given the behaviour over the last 18 months.

There's little point being bitter about it, it was my decision and mine alone to buy into this company. It turned out to be a bad decision.

I did, I was one of the 12,000 sells on Friday. I decided it was time to call it a day.

That was a £40,000 loss on this share to me and a lesson learned.

Good luck to those who remain here and hope it turns around. I've lost all faith on the BOD so decided to salvalge what little I had left in this, just in case.

I get the feeling NCYT has zero interest in end user products. Everything they produce/market (if we can call what they do marketing) is B2B product and sales.

You can bet a huge buying power like TESCO will be sourcing from China (or a relabelled third party product removing their liability), they simply wouldn't be interested in dealing with western pharma manufacturing costs.

Portugal.

Do some googling on their golden visa programme.

B2HS2L wrote:-

21ATS. - You possibly weren't around when Novacyt and AVACTA posters were pointlessly baiting each other here in 2020/1.

Then you would have a much better understanding of tribal rivalry.
____________________________________________________________________________________

I was around back then, I just don't post much. I kind of understand it more when it's two opposing companies. Although it's still a little odd IMO.

Here it's just become infighting between the blindly optomisitc and the depressingly pessimistic.

The reality is probably somewhere between those two, but we don't know due to the almost absolute and complete failings of the BOD to have any reasonable ability to communicate.

See you next year, nothing is going to change until the outcome of that case.

See you all next year, there is little to no chance of anything changing between now and the outcome of that court case, if it does indeed occur.

I have a feeling it would have been settled before now if NCYT were in a similar position to some of the other companies caught up in other cases that had no cash, were struggling to operate, needed placing etc....there would probably have been some sort of arrangement by now just so they could carry on.....

The difference with NCYT is they are bankrolled and can stand their ground. That's a double edged sword though as we can see.

Tuck them away in the bottom drawer and save yourself the daily stress of reading the BB here and projecting the dissapointment of your own choices and the BOD's inability to run this company onto specific individual posters.

It's like watching a group of opposing football fans here sometimes, blindly following their "team" and "hating" the opposition no matter what they write.

It's become tribal, it's not healthy...

Other than the DHSC case being settled in NCYT favour I currently see little bullish potential at all. That's mainly as we're all in the dark about almost everything to do with this company.

It's difficult to form any sort of reasonable forecast or even guesstimate of where this is going due to the complete lack of substance coming from the BOD.

From my perspective it can really only be one of the following.

1/ The BOD are genuinely out of thier depth and don't have the skillset to drive this company forward.

2/ The BOD have lucked into a lottery win situation (covid windfall) and are now running this as a Lifestyle company with the aim to get as close to breakeven/small profit as possible and draw an income for life, which each year will increase handsomely. The DHSC spectre is actually staving off potential takeover predators.

Anyone else have a thrid or fourth possibility to add?

It's like a yin Yang sitatuion.

P100 and ValJu can't exist without each other.

It wouldn't surprise me at all to find out they are the same person based on some of the insanity I've seen on these boards over the years.

Both irritating.

What's the most irritating bit though to all of you? That the negative poster is more often more right than wrong or that the positive poster is almost always wrong?

Imagine if PI100 had typed that, you'd probably be spitting feathers about it right now.

Just an observation......maybe reality is starting to set it ValJu.

We're all in the same boat, there maybe some differing perspectives, some different levels of optimism and pessimism. The one constant though is the absoulte and utter incompetance of the BOD in seeming every aspect of this business.

I genuinely think they've given up, are viewing NCYT as a piggybank/pension. Get the sales to a level where is covers operating costs and doesn't deplete the cash pile (too quickly)

No urge to settle the DHSC claim as it keeps predators at bay and also Instituional investors meaning there's no diffcult questions to deal with.

£40K a year each tax free into pensions, a few hundred grand in salaries. Easy life, six holidays a year thanks very much.

Where's investor relations right now?.....oh they're on holiday.

Question.

What % of shareholders are required to vote for a takeover for it to proceed?

What % of shareholders are required to vote for a increase in directors renumeration?

Given the second one occured I'd like to know where the first one is relatively?

I own a small business I started 12 years ago. When I mean small, I mean starting off my kitchen table small.

It was growing slowly for the first three years, then bang, we just completely lucked into a huge contract with a very ethical UK Plc with 700 outlets - they approached us, they wanted something very specific and I had the product and the knowledge to give them what they needed. They paid us when they said they would, they even gave us deposits for the orders to help us bankroll things as it was such a huge cash outlay.

Our turnover increased x15 and remianed at that level for a couple of years before slowly reducing after the initial stocking stage..

What's this got to do with NCYT?

Here I am 12 years later. I'm not particularly interested in investing time or money into my business now due the punitivate taxation on company directors and increases in corporation tax. I could sell it, but I doubt anyone would pay me what I wanted to walk away from what is effectively an income for life.

I work 4 days a week, 3-4 hours a day and have an easy life. I can do that for the rest of my life without worry.

I couldn't run a 200m mcap company, I've never revolved in that world. I wouldn't know where to start. It seems neither do the BOD of NCYT. But here they are, sat on a cash pile of £100m or so and basically can sit and do nothing for the rest of their lives whilst paying £40K a year into their pensions tax free and drawing whatever income they please.

Trust me, it's a very tempting proposition. It's like winning lottery for life.

Any potential candidate that had reached that stage of interview and potentially in a position to be offered a position would be present with their own NDA to sign to allow details to be discussed.

As pleasant as it is to see these rises, and it is very pleasing.

I would just be a lot more comfortable if there was something of substance to back them up.

I need 4 bags from here to break even.

Maybe it wasn't sold. If it were loss making but the IP was something Eurofins were interested in then they could simply have agreed to take on the whole business as a package for a nominal £1. It's not uncommon.

Maybe part of the deal was keeping the staff on board so no jobs were lost but the costs were removed from NCYT.

There's a very large grey area between being closed and being sold.

IMO and already covered here. This is all about madia pressure and saving face and has little to do with anything contractual.

Had there been no link to Baroness Mone, none of this would be even newsworthy nevermind reaching a point of litigation.

Snouts in the trough has never changed and never will., no matter what political persuasion you are. This is just the latest case to be brought because it fills column inches and takes the heat off whatever today's bad political decision/news is.

Call me a Cynic.....

The Medpro situation is the current high profile newspaper chasing case.

The Michelle Mone situation has brought this one to prominence.

Tomorrow's Fish & Chip wrappers.

Question:-

What specific component makes these tests pro use only? Is it sourcing an appropriate sample substance to test?

Genuinely curious. It looks pretty much the same as a covid lft.