Member Info for Bluelight

I think we are bouncing along the bottom now. Quite frankly if an lft release over next few weeks, full year results and dhsc clarity aren't enough to push it back up, then it's not worth holding. By end June should be much higher, if not then its over for them achieving midcap in my view.

Yeah, bit of a grind at the moment. Wears you down this constant drift, but I'm in it until I've seen their plan end June at least. Pretty much stuck with them now like it or not, as not selling a company at its cash level, basically just giving money away that. Still I'd appreciate it if it could make a bit of an effort to go up. It's miserable looking at its valuation against peers with its fundamentals.

1 share or a billion, makes no difference if no one's buying them...

They have utterly destroyed shareholders this year, its long past time they put that right. They will I'm sure which is why I hold. But most of the destruction is self inflicted

I just feel it would be irresponsible. By all means do annual reports, clarify the dhsc and release acquisition details at the same time. But not before.

I personally think they can forget about an acquisition before they clarify the DHSC position. I for one as a long term investor would not tolerate spending a load of cash unless we know the potential ramifications of the DHSC and have forward guidance on earnings. Spending our cash without knowing what our financial position is would be unacceptable in my view. They need to let us know where we stand, and where we are going before trying to buy another company. At the moment this is a truely god awful share to own given its valuation. Certainty NCYT, not hype.

It's on social media, I got it on my linked in feed also. Anyone interested in the company will likely get the info in one social media form or another.

I'm certainly looking forward to the forward guidance at the end of June. Be very interesting to see how much revenue increase they are seeing from these new product releases.

It's not data or fundamentals driven at the moment one bit, otherwise we wouldn't have such a low mcap relative to cash and earnings. It is currently 100% sentiment driven. Sentiment is a fickle mistress for those making decisions based on it

Well an uncrossing trade sets the closing price, so yes it closed at 363.8. That's what share accounts will value your portfolio against. 363 or 563 or 763 still joke prices as far as I'm concerned. We are a £10 plus company minimum

I'm not getting particularly excited at a 360 ish close... Treble it and I will be more interested, but frankly at this price it's a complete joke and barely worth even following. Hold, add a bit, wait.

True, you never know, but with 100m cash in the bank and minimum 140m plus a year revenue (all non gov related), any dips are just going to encourage buying now. Sure people will hope for cheaper, and maybe they'll get it a bit cheaper maybe not. One thing I know, this may or may not be the bottom, but it's certainly not the top. It went up 50% in 3 days on LFT news. In a few weeks we will release the LFT and it's likely to go up much more than that as the share price is lower, and there's alot of people just waiting for any positive sentiment change to buy in. I know i'm sat with funds waiting to add, I suspect most here will be, whether they are rampers looking to add, or derampers hoping for cheaper, to a man/woman we are all looking at this level as a good opportunity.

Of course holding is the best course now, the damage has already been done. You'd have to be stark raving mad to have held through the negative reaction only to sell weeks before you get clarity. Honestly I care not one bit what the actual resolution is, pay us, we pay them, frankly its meaningless in the grand scheme. Any resolution or clarity will provide confidence to support the share price. I will add significantly if theres even a hint of a resolution, because quite frankly a mcap of 250m makes it the most undervalued share in the Uk right now.

My view remains its a case of dhsc not paying for minimum volumes specified in the contract as they over ordered, and it will be a case of them paying up to the contract, hence the term ncyt assert contractual rights, not dhsc assert their contractual rights. These speculations on rebates are nonsense in my view perpetrated by those who wished to see us fall. True the ceo allows for that by providing f all info on the dispute. But I forsee a settlement, dhsc paying us some cash and the share price rocketing as a result. We will know more in a few weeks.

I've noticed there is a distinct lack of short banter on here and on twitter lately (at least much less than usual). I'd expect on a down day like today to see endless garbage and glorifying in peoples investments dropping. Very odd. Is that a sign there's little interest to sell at this level I wonder. If even shorters aren't interested in shorting, and longs arent interested in topping up, has it been moved too far.

That's fine MS, but we need to know how they are going to build the business, and other than the covid related updated they've not shed any light on their plans. Q2 was stated as their date to update, but I will believe it when I see it. I've lost alot of confidence in the company lately, and whilst I still hold, I don't hold out of love for the company, I hold on a pure undervaluation basis. If the board can't show how they are going to deliver longterm value and get us back to some form of fundamental value, then to me they have failed. They can be as innovative, market leading, saviours of humanity, but unless that is reflected in the share price they have failed investors, and at the end of the day it's the investors who pay their salaries and ultimately who they are accountable to. I will give them until the end of June for the relevant updates, but if they don't deliver I will invest elsewhere, where the board is trying to make investors a return.

I think to an extent the board has got complacent, taken investors for granted. The communication has improved somewhat (although to not even provide a stear to the dispute issues is inexcusable to me) but it still feels like we are an afterthought. Graham needs to watch out now, as there is a growing number of disgruntled investors (Blackrock included I imagine) who want to see results in the form of a share price improvement. Otherwise I feel that it wont be long before hes looking elsewhere for his own future, nevermind NCYT's.

You are spot on there Harchris. I also would be all over topping up, but we've seen it before, it's never the bottom with these games going on so I also held off today. How much money combined do we all have waiting to go in when we think we've actually turned the corner, I imagine a fair chunk. I guess that's a sign of bottoming in itself, when even your ardent suppporters are loath to keep chasing it down. I will add before results or on LFT news, but for me now NCYT need to earn my additional investment and not treat it with the disrespect they have this year. I feel the board is going to have a very difficult time getting a bonus accepted by investors this year given how they've destroyed our value.

Quite frankly whats the worst that can happen with another sh@t RNS, a share price can't go negative and we aint far off!

I agree completely Porky. There's a pullback on the dispute, fine, no issue with that. But right now we are valued as if we have no business. It's remarkable. Obviously I have no selling interest, as I have a rule to never sell anything at a price I'd happily buy at. Its the sentiment thats driven it so low, but I consider myself reasonably educated on share dealing and finances, but no matter how I try I cannot see how it can trade so cheaply. I've more funds sat on the sidelines waiting for it to start its recovery, but a part of me just thinks that this is going to get a hostile takeover approach now. Look at the sector deals, and look where we are, it's just a complete no brainer. I see this chain of events. As we approach end June, first we get our LFT release info, then we get either the DHSC conculsion, or the annual finances, probably along with the business plan for growth. It would literally have to be a meteorite hitting NCYT headquarters to make it any cheaper than it is now. In fact that might be for the best, as the insurance payout would be greater than the bleeding mcap!