Member Info for Alavib

Allan’s,

I agree with you about folks make their own investment decision and thus no one else is to blame when the investment goes pear shape , however the BOD of any PLC company have a duty to their shareholders to at least keep them up to date on developments of where the company stands when as is the case with Mpox , what the company’s directions are what actions have been taken and what discussions have taken place with government and or healthcare authorities etc

This is called keeping the shareholders fully informed

Now you tell me since this announcement by Who have we heard a whisper from our BOD as what they intend to do to take advantage of this situation and in preparation to complete with other PCR providers?

This is what I meant by calling the current NCYT BOD utterly careless and totally unconcerned about any shareholder whether long term who bought high or even the ones who bought low hoping the company will spring into action regarding this given opportunity to show that they have the means and capabilities as well as the stock of required products to challenge this disease

That my friend is not an unreasonable expectation

Wading

Good point, but don’t you think that Ncyt’s sleeping BOD should also be active in joining the concern of many countries UK included by announcing their PCR kits and to open up discussions with health authorities to show that in case of any major outbreak they have the tools and capabilities/ capacities to provide the necessary service in order to assist in containment of this outbreak

But no a whisper , it’s as though nothing has happened

The whole world is taking precautionary measures in preparation for any possible outbreak, and our BOD have give Awal

What a useless and utterly indifferent bunch

They care zero about the long suffering share holders who bought in high pounds thinking this company was going to be a leader in biotech!!

What an over optimistic notion

Good post, away from usual none sense being written here over and over

People just have short memory , when COVID was first let out of China nobody really paid much attention

First there were cases in 10’s in this country or that country then the cases grew to 100’s and still nobody really took it seriously, it was only when the cases grew by 10’s of thousands in over 190 countries that the governments all over the world realized that something really serious is happening and then they introduced the lockdowns and the rest is history

Now with Mpox the same is happening over again it’s only happening in 13 countries in Africa and one or two cards in some Scandinavian countries, but people just don’t realize that it could take up to 17-18 days before symptoms are revealed and with the world open to travel and no travel bans in place it’s just a matter of time before we could see much more cases being reported in Europe and beyond

So to not to repeat the mistakes of COVID which harmed the world economy for many many years yet people coming and going to each country must be tested to ensure they don’t spread this dreadful disease so rapidly

I think countries like France and Belgium may have taken the correct precautions and the rest of the world needs to follow suit

So going back to recent SP rise it was not as a result of P&D it was simple reality that post covid the world needs to be more ready to fight any possible pandemic and testing is the first major step

Https://netec.org/2024/08/08/situation-report-mpox-spreads-in-africa/

Wilson

Well said and two fingers for all these de- rampes

The market is not stupid and wouldn’t listen to these idiots who are so jealous of the rise

Of one case is identified in Sweden then chances are there are more cases elsewhere in EU and soon in UK

NCYT is one of very few companies which have developed PCR for Mpot so soon many countries will be knocking on their door and placing orders as it will only be via diagnostic testing that this can be contained from further spreading

So this rise is only the beginning

Get a life you Moran you don’t wait until you show symptoms before you try to test to identify possible sources of infections and passing on

People like you need to be barred from this forum

Yes good point, but the the 15miilion$ BB was announced the market reacted positively and market the SP up over 8% , but lo and be hold the company announced that BB shares will not be canceled but kept in treasury!! And markets quickly reacted to this strange practice and market the SP down and down until we got to as low as 118P not long ago, so that BB was not a BB in real term the no of shares are still the same as the ones held in treasury are still counted as total shares in issue

So you see the company has no intention of buying back its own shares even at this low price which in comparison to 180P when the 15M$ bb was announced is a much better opportunity to do so but no action from the company on this front, why cause the company is in process of preserving cash for a diversity out of NC by a M&A or outright acquisition

So in their view BB is not in the best interest of the Shareholders and they know much better than ordinary man in the street what is best for the company

I know the markets are also waiting for such a move out of NC as a value creating asset to what SQZ currently hold

I think the current BOD is fully concentrated on such an important option and are busy searching through possible candidates within their means to make a move

GLA

Listen my good friend, I have no vendetta against this company as I have been holding even when I was in profit, but you seem to forget that when PJ was in the helm he promised the business model would see Power get to high teens and beyond , so that was 4 years ago, what happened within this time not only the SP did not go past 3.5P which was the highest reached but dropped to below 1P and this stupid 20–1 share imposed on current holders had not done any favour either as in old money we are even further below 1P than when 20-1 exchange was imposed

CEO’s personal in any PLC in judged by the profit and SP value in Power case neither is remotely present and yet the company carries on failed business model still

So is it not about time that the current Mgt pose for a while and reevaluate the direction the company had been going and still going and devise a master plan to shift from this failed model and make POW a real mining company not a financial company doing IPO’s

Pow is neither is a successful mining company nor a financial IPO expert and that is why the markets can’t work out what this company really is and what is it’s actual business

PJ couldn’t show that and by all accounts the current CEO is not much better to show what is it the POW is actually good at and unless that question is answered we will stay below 1P for years to come

I agree with your today’s comment, and also agree that for reasons unknown the market is keeping the SP to almost all time low for no fundamental reasons whatsoever, however I am again sorry to repeat this point that BB will not do the Shareholders any good unless it enables better Divi

Classic example being PTAL which is a South American based oil company currently undertaking 5million$ buy back the result their SP had dropped from high of 50P to 39P in process so the company is passing on the benefit of BB to Shareholders by way of increase divi

So that is how BB will benefit the SH’s as no BB by any company had resulted in increase SP

Just so you know

GLA

When you bought the shares at 250P and the buy back of say 40 Million put the price at say 150 what benefit it would give you to sell shares in line with % of the BB and pay no tax

You only pay tax on % of capital gain so who in his right mind would sell shares at 1£ loss so that they don’t have to pay tax in line with BB %?!!!

I think you must be one of these clever accountants who always look at the bright side

Yes you may lose 30% of what you paid for the share if you sell but hey you pay no tax now!!

Are you real

Every man and his dog know that BB does not do the shareholders any benefit, lot of people bought this share cause of the good Divi so I think to suggest that the company should reduce its divi and use the money to do more buy back is the most stupid suggestion I have ever heard

Are you real?!! Beside the company’s largest share holder which sold their TW assets at 290p shares rather than straight cash will never accept cut in Divi nor will the Private holders which are so much under water

So no more silly suggestion please

I am of the same opinion the current CEO is all talk and no action looking at NEO’s massive jump in SP one wonders as to why POW with similar or even better assets does not get the same recognition from the Market and today for example we have been rewarded with another 4.55% drop !!

I have said this many times before this company is more like a land owner than a mining company as for years they have hit duster after duster and played with shareholders money just to keep their silly game going longer and just draw their undeserved salaries

The market had worked this company out long ago when PJ was at the helm

I am well under water with this dog of a company and have all but written my investment off

I hope in 60 years time this company finally hit the jackpot 🤓🤓

Good proposal, I had posted two notes which was to ask all stakeholders including the unions the NS O&G companies the Scottish government and other related industries which support the NC O&G companies to unit and send a powerful message to this left wing stupid government that they will not accept such horrendous and most dangerous proposal from this government as the UK’s energy security and over 200k jobs are at risk if these proposals are exercised

The United party can invest in massive publicity by way of sustained advertisements telling public what is at stake and what will be the outcome

This is a multi Billion pounds industry that can afford such massive publicity as ordinary people of UK have no idea what impact such stupid proposal by this left wing government will have on their ordinary lives the advertising should tell the public that their energy bill will double if the NC producers shut shop and move to overseas resources as this stupid government will need to import much lower quality energy at much higher price that is now

It is only via such united front and publicly they can ram the message into EM and co empty heads

Opomega

The NS oil and gas industry must unite and fight back their combined effort could be to stop production just like the NHS docs going on strike, by doing so they can cause a massive fuel shortages which will result in public opinion turning against the left wing government and may just may insert some sense in their empty brains to realize the government must support energy producer for a nation which so heavily depends on own energy production

If the NS producers just lie down and pay the stupid tax rate the monkeys running the government such as the bacon grabbing EM will just think well no matter how much we try to tax these companies non are bothered and just pay it, enough is enough these BOD’s have a duty towards their shareholders to protect their hard earned profits not to pay a government which is paying 10£ million per day to support illegal immigrants

There should be strong efforts by the unions the Scottish government and the NS producers to negotiate with this stupid government to try agree to a more fairer taxation which should not be more than 45%

Amen

I just can’t understand how an industry which is vital to energy security of a nation cab be taxes at a rate of 78%, this labour government and conservative before them have identified a Thame and soft touch industry which refuses to unite and fight back against such unheard of tax rate , despite the fact that the oil prices have come down from heady 120$ per barrel long time ago.

The oil industry is a very cash intensive and requires constant investment to maintain the production, yet this left wing stupid labour government has the audacity of taking the investment allowances out too , are these people live in a real world ? And why the unions and more so the Scottish government don’t challenge this stupid left wing government like many other heavy profitable industries such as banks and mining companies have done so successfully?

.

I just can’t understand how an industry which is vital to energy security of a nation cab be taxes at a rate of 78%, this labour government and conservative before them have identified a Thame and soft touch industry which refuses to unite and fight back against such unheard of tax rate , despite the fact that the oil prices have come down from heady 120$ per barrel long time ago.

The oil industry is a very cash intensive and requires constant investment to maintain the production, yet this left wing stupid labour government has the audacity of taking the investment allowances out too , are these people live in a real world ? And why the unions and more so the Scottish government don’t challenge this stupid left wing government like many other heavy profitable industries such as banks and mining companies have done so successfully?

.

Hi, I am with HSBC invest Direct and there has been no sign of the divi having been received, I called them since they have so conveniently taken their email messaging service down and you only need to call them and they are saying the divi can take up to 10 working days before it is added into the account?!!, is this the case with others with HSBC invest direct?

Cheers GLA

Thank you for clarifying

So the stock is now exdividend?

I don’t know what HSBC was on about

Hi all

I have received two letters from HSBC invest direct one saying the amount of interim divi dated May 24 the other dated a day later saying the divi is canceled!!

Is that correct has the company cancelled the interim divi?

Please if anyone knows let me know

Many thx

Not true, when SQZ announced the 15 Million buyback shares got to 206P from mid 180’s but once the company announced that the bought shares are not going to be cancelled but kept in Treasury then market got spooked as to what was the benefit of this buyback

As the no of shares in issue will remain the same

So what is SQZ playing here if not cancelling the shares bought then obviously these shares are going to be kept as part of golden hello to whoever going to be the new CEO

So this buyback has no benefit to the SP

Where as all other company buybacks are simply canceled meaning less shares in issue

SQZ has to come clean and tell the shareholders as to why spend 15 Million of company money buying your own shares to simple have the locked up !! For what?

It’s strange I have no explanation whatsoever as to why such action is undertaken by this company