Member Info for B2HS2L

Wolfie, Soupdragon,

not manipulated, just traded. Many on here who talk about £2+ will be the ones selling on todays news.

Many in here will have come to the conclusion that hey have bought in to this share at a price that was too high.

The selling since RNS publication today is IMO caused by investors needing a lower entry.

Lets see if they return and get that better entry level.

Investopian 15:17

The sales of the covid-19 test are more than all their sales in 2019.
This finally supports where the current share price is at.
We should expect some upward movement over the coming weeks.
Very positive.

+++++

Not sure it does completely support the current share price, but must be pretty close to it by now.

In a week or two when the European manufacturer kicks in, we will be able to tell prospective customers
our turn round time for orders has shrunk drastically, hopefully to a timeline they can feel more comfortable with.

Up to this week we have been producing test kits on our own.

One of the criteria for FDA EUA was time to produce test kits I believe?
If that is so, then we will soon be able to advise FDA of drastic reduction in manufacturing timescales.

https://www.investorschronicle.co.uk/shares/2019/12/04/consort-medical-relieved-by-acquisition/

This is the Investor Chronicle story about how Jonathan Glenn became available to take the conn at TRX.

Recipharm paid £10.10 / share, - which can't be sneezed at for a company with limited prospects.

A very capable guy.

I hope Jonathan is able to find the deal he is looking for quickly, or adjust the MidCap deal to the satisfaction of both parties.

I think he see's a good entry point.
His bigger picture is that sp rises from here.

Bridging Loan from Jonathan Glenn anyone?

Sorry you've had a poor experience so far. - Here is a Sky news interview of Paul in action.

13.02.2020 - Paul Eros (Business Development Director) discusses how we are helping in the fight against Coronavirus
https://www.youtube.com/watch?v=qQViD89iPZU

https://novacyt.com/executive-management/

In your situation I would contact:

Paul Eros, - Corporate Business Development Director.

He would love to hear of your interest I am sure.

Pantman42 - "PPE is being stockpiled!"

When the armed forces get involved with measures to reduce the effects on the populace of covid-19, we will see PPE for medical staff become more available.
There is a 'war reserve' of PPE, which needs high authority to issue.
As soon as authority is given, medics in the services are provided with PPE, and instructions to replenish stocks are immediately issued. The contractors have specific timelines to replenish.
Not sure how much PPE we are talking about, but I would expect the above to kick in as described.

Obelix

Is OSMOSIS on Euronext as well:)

OSMOSIS est-il également sur Euronext:)

I really hope that's the case Liam.
Keep up the good work on the charts.
Still Barclays and NCYT?

Yeah, It's also good hedge because Primerdesign only take payment with orders :)

Not sure about future massive RNS's here Chas, as there are a number of subjects for which news is awaited, but the timing of each subject will be different.
I think my biggest problem is the sp level at which I will break even.
If sp falls quickly, I have time to get out and buy again later.
History tells me though that doesn't usually work out well.

I'm trying to keep my mind busy as break-even is just around the corner.
My gut feeling is that sp will be around £1 by tonight.
However, hoping that there is something NCYT can capitalise on in today's FDA announcement Trump spoke of yesterday.
I mentioned in the past that there might be an issue with availability of testing chemicals, - perhaps we should be in companies providing those!

Yesterday Trump was 'trumpeting' that there were going to be lots of good things being announced by the FDA,
and that it would be announced last night or today.
As this is Trump saying this (and nobody else), I can only think it is the FDA who will be doing Trump's bidding,
- whatever that is.
Something that puts Trump in the electorates good books.
Expecting something after 1pm GMT, and hoping its something NCYT can build on.

Was LSE affected badly this afternoon, - wasn't around for most of it?
We seem to be getting a poor service of late, - perhaps all the techies are self isolating.

Go to Novacyt Intraday Charts, - press tab labeled NCYT Intraday Chart, - what do you see?
Have you ever seen a chart that looks like that before?
I can't provide an explanation of this chart, but if anyone else can then I'd love to hear it please?

Maybe we should have a sweepstake for the most convincing explanation.
1000 virtual NCYT shares!

At 06:27 am, Heide posted this Daily Mail article.
Look at the photo, and the name on the box:
https://www.dailymail.co.uk/news/article-8122983/This-test-suspected-patients-coronavirus.html

Government in talks with US-approved manufacturer of four-hour kit as Boris Johnson belatedly admits testing needs to increase from 5,000 to 25,000 a day

chimers: Post timed at 12:42 today

I posted this last night, - seems appropriate in the present conversation:

IMO it is time we were signing licenses to make the Covid-19 test kit available elsewhere in continents other than
Europe, when airline services are being reduced / halted.

BA for instance are currently operating 25% of their scheduled services.
As they don't operate freight aircraft, UK is not exporting a lot by air by the looks of things.

This would certainly make the problem of distributing orders to 60 odd nations easier.

https://twitter.com/trade_Fabrice/status/1239877092084457472

17.03.2020 - Jacob Barratt qPCR - Primerdesign Ltd

"I'm happy to announce that after a huge effort from the UK Primerdesign team PHE have trialled our Covid-19 qPCR detection kit (CE-IVD marked) which performed perfectly.
PHE have placed an initial order for 1,200 kits (thats over 115,000 individual tests) for use in 8 of their major testing hubs throughout the UK."

115200 / 1200 = 96 tests per test kit, ((COVID-19) genesig® Real-Time PCR assay Instructions for use, confirms 96 tests per kit) https://www.genesig.com/assets/files/Path_Coronavirus_COVID_19_CE_IVD_IFU_Issue_10.pdf?timestamp=1582079599

1200 kits = £1,000,000 order = £833.33 for each test kit.
£833.33 / 96 = £8.68 per test