Member Info for auntiebob

Apologies if this has already been posted
Eiffel Investment Group has taken a position in Novacyt through their Nova Europe ISR fund ( €64 million European small companies fund)

great acquisition to help improve supply chain and increase production of q16 and q32

rationale stated in rns all very clear

in terms of diversity - this all helps Novacyt achieve its aim of being a global diagnostics company .

was about to say the same

competition is always around the corner and keeps our BOD investing in developing our world-class range of products - but going from what they announced in Oxford to commercial production in a year - they may be a tad late to the game, even our old friend CS' company might have started selling by then

one of the jobs quotes several positions - sounds a bit like the 13 field specialists that were recruited just before the NHS contract was in place

Novacyt are recruiting for several PCR Technical Support Specialists to join the company at a pivotal point in their growth. This is an exciting opportunity supporting the roll out of new COVID related testing products. You will be using your technical knowledge to facilitate technical solutions for the company's growing customer base. The PCR Technical Support Specialist will log, track and maintain on-going cases using the company's Customer Relationship Manager (CRM) interface.

Apologies if already posted - but of note to our future sales and the potential order for a further 700 Q16 and Q32

NHS staff testing to include receptionists and other hospital workers

Professor Stephen Powis said the increased testing of asymptomatic NHS staff would go beyond just frontline employees.

He said: “As capacity for testing increases and we are beginning to see new technologies in testing emerging which we are beginning to implement in the NHS, we are now at the point where we will more systematically test asymptomatic staff on a regular basis.

fundamentals remain the same
de-risked by the £450 million govt contract at roughly 80% profit margin.
Massive opportunities ahead
top up time for me

thanks to the holders on the NCYT board who tipped this one. Great to be here

indeed SH3 new highs being tested en France

I too invested in odx , but perhaps being compared with ncyt antibody tests which are at 3 million a month already

couldn't resist with so much to look forward to and so far ahead of the competition with new tests...my last Avacta offloaded and another 10% added here...GLA

Im happily in both. ODX rise to come hopefully with a real move forward on Monday.
NCYT has been de-risked given the size of contracts compared to mcap but certainly both odx and ncyt have plenty of room for growth

threatening €6 in Paris again, usual post-lunch surge on its way?

on previous question for downside I don't see any given the contracts in place which pretty much cover off present mcap - the upside is the exciting part which keeps us all buzzing

to quote you Ade - what a sad individual you are - filtered

yep great reading a really solid trading update to give plenty of confidence to upside as their recovery continues

Hi JH - I watched the agm yesterday a to see what their up to and the initial contract is up to £250 million

the huge difference now is that the latest contract has completely derisked the company.

There is still huge upside considering the potential future UK contracts (700 plus machines) let alone the nursing home and schools markets. Then of course GM's stated drive yesterday to build sales in other key markets.. Plus who knows what antibody sales may bring but production capacity of 3 million /month is considerable.

So in a nutshell plenty of upside to come and very little risk on its present mcap

their massive order was for antigen tests

they have only announced that they now have a ce marked antibody test with 3 million/month manufacturing capacity - no sales claimed yet. ODX still well in the game on that front.

sticking with them through thick and thin, will be looking to add after the drop however far that may be

smells bad

trust evaporated