Member Info for barnetpeter

52 Week High 1,192.00
52 Week High Date 27-Jan-2021
52 Week Low 185
52 Week Low Date 25-Jan-2022

A polite punter wrote to me yesterday "I have read your posts on many other shares, and found you to be spot on (even when others didn't want to hear it)". NCYT had a fantastic run and made a lot of folk a lot of money....my biggest winner last year apart from Arb.......but then it became clear the wheels had fallen off. Then the ramping started as did the "head in sand"...so here we are down 85% in a year with dire results but good cash. How many ramps were posted on here daily by the desperate? **** me off if you want to (plenty did when I said this was going down) but do try to learn to hit the sell button if you want to make money in the mkt.....be fearful when others are greedy. Far harder than the buy.

We had that handy spike to near 400p and that was a good time to exit. So where now? NCYT is just fair value because of the cash but in reality it is now a cash shell because the "business" is limited now and may be just break even at best. Not much value at all there imo.

So what to do with the cash? That will be crucial. If they go out and buy over priced bio stakes it will soon go. How many directors blow large amounts of cash? I can easily name you 50 companies that have had £100 million and all gone in a year or so and the price has collapsed to a penny stock. NCYT should have done a big rights issue when the price was £10 and built up a huge war chest. It was stupid not to have done so...as I said at the time.

The directors have themselves blown a lot of money on buying stock last year. Will they ever get their money back? Doubtful.

So just because the company has a load of money does not mean it will recover in price. The mkt does not think the current BOD has the expertise to invest it to cover company expenses and fat salaries. The directors were smart enough to see a gap in the market and be the first to get in with testing and deserve credit but the mkt knows the skill set is very different.

So I will not be buying and I see 150 p the next target. 90 per cent down in a year. All the way up the mountain and all the way down. Maybe the company will invest the cash well and maybe it will recover a bit short term as other companies have a look but in two years time? The odds are long that NCYT will be one of those superstar stocks that shined brightly for just a year or so before falling back to Earth and new punters will look at the chart and say "wow".

Three risks...Ukraine, energy prices, heavy mkt fall. Plus what is going on in the company? But 60p was bound to see buying.

60p broken now. Some buying should come in now....but I guess this is heavy shorting perhaps as a hedge in the US in case of War in ukraine.

Thank you. There are a ton of stocks I see today that have halved since I sold or said it was too high....not because I am so smart but because selling is so tough for so many investors who read the rampers and cannot bear to sell. Long experience of the mkt.

Yes I have a freeroll on these. I think the management made a bad mistake here. There was no rush. Much of the profit made has been lost and those who bought at 80p after the rns of 7 december are looking at at big loss with the price now at 40p. Square looks way overvalued to me and The Nasdaq is falling away daily. Look at De La Rue results today.....the problems with staff and product must be replicated everywhere so expect many shocks.

I made my money on TSL by selling a good amount at just over 100p so I am not going to sell what I have left. Maybe something will happen here and to be fair the special divis have been very good. The TSL listing could be kept as a shell after most of the cash has been paid out and that could be worth something in time. "Free" stock is no risk is it? I do see TSL breaking below 30p in time so I am in no rush to buy more even as a trade ...... even at 40p.Each to their own and some have averaged down all the way down ....and now have a huge red position and I just do not see how they will ever get their money back.

Always liked this but sold out some time ago when it went over 180p. Bought some back today at 108p and will add more on more weakness down to possible 90p lows

Indicates to me the mkts are overpriced. These issues....staff sickness and problems getting materials...must be everywhere.

I think the next level is 50p now. Investors have been rushing to buy / add from about 95p now and I see no reason to do so until some support kicks in. There will be a bounce at some stage but at the moment just a falling knife....and the company are quiet. Do they have the cash for the new development and will the costs outweigh profit if bitcoin falls to 25K etc or will they have to delay? No idea but it would be good to hear from the company. They should have cashed in 50 million $ worth at over 60 bitcoin and I said so at the time.

52 Week Low 44.10
52 Week Low Date 21-Jan-2022

Will 40p be the low. Doubt it! Nas down daily.

good move on a dire day. A contract with BV and to the stars!

I would not look to add at above 65p....and then I can see Arb not finding real support until 50p. A lot of margin calls may have come in and not just for crypto. The Nasdaq is down daily and results eg Netflix are not great. Interest rates are going higher tracking inflation. I am not selling Arb but not buying more either. Arb went from 3p to 300p.....I could not have predicted that. Who did? Where will the lows be for Arb be this year? No idea! Could be much lower than any predictions here. I reckon btc will retrace to about 29K myself and then the buyers will come in again. We saw that in mid 2021. Got cash to buy but the mkts look dangerous. My top tip and holding? MAC!

I bought a one bed flat for £57.5K just before Covid started for cash ...going on the mkt for £130K at Easter. Short lease and absent freeholder problems...all now sorted and just today I got the Land Reg copy today showing 880 year lease and share of freehold. That all cost nothing apart from legals. So two years of rent and a thumping capital increase. Unfortunately not many of those!

Lemonade…I think you are the only one here who thinks it was reasonable to sell via a third party to satisfy “strong demand” and then a few weeks later announce profit warning that demolished the share price by £20 a share. If that is not getting close to insider trading….how could investors do their own when all they had were rns notes about how fantastic the company was doing? Try that as a director in the United States and see how many law suits you get! Maybe it was all legal….I guess it must have been …sure the directors must have thought the share price was overvalued but who would invest in the stock mkt if the directors were allowed to mislead just to sell their stock at crazy prices

Yes def holding and no interest in selling. Looking at a price to add and trade ….but never intend to sell my core holding for many years. Bitcoin could drift lower in stages for years and then bang….race up over a weekend to new highs.

yes infamous. I would have no problem if sold in the mkt but they sold via a special primary bid placing where none of the money went to the company. From £24 to below £4 in 9 months. I cannot see how the directors did not know the company position when they sold and I do not know if they were obliged to set out an update when they sold.....obviously not. So I guess the directors did nothing wrong. Some of the biggest commentators around were very keen on botb last year and were pointing to the large divis etc. Which then stopped after the profit warning etc. So nothing was wrong perhaps but private investors have taken a near £300 million hit approx and it has come out of the blue rather and some of the best pundits around are in complete shock. Much of my remaining holding cost nothing and I sold a lot of my £24 placing at £30 plus but I still feel very cheated and sorry for those that invested heavily here. A question more of trust than losses.

Wow. I have a 65p chart level on Arb and if that breaks 50p. I hope the company does not need to raise new cash by a placing as that will hurt. This is the issue with so heavily a traded stock.....so many are down on this now that they are selling out.

Nasdaq is falling away as bonds surge with interest rates on the up. Would I buy square at this time? No. I will hold TSl until the end game

Yikes! 385p! Has £8 million in cash but not much else.

To think a certain commentator said that the directors should have asked for more than £24 in the now infamous Primary Bid placing.

yes and going higher too. Doubled now since those lows

If the results next week are poor, no divi, no cash, losses for the year etc.....you might be able to buy them again for 40 pence!

What price the placing? 10 pence? Heading towards a penny in a year. One of the most ramped stocks around in 2021. Done nothing ....all smoke and mirrors. Disaster and will never recover to previous levels.

If the results are poor and cash is low what then? 50p? 130p? Or will the price rally on the basis that not as bad as expected? Why do these hedge funds keep shorting? What do they know? Mystery.