Member Info for Bluelight

But in all seriousness, a few people raised the technical signal on twiiter and I just looked at it myself and it does indeed point to an imminent breakout of this down channel. When that is confirmed it will rise substantially

if it makes the NCYT share price rise again i will happily take a daily wedgie

Technical breakout, we've just broken out of the falling wedge pattern. Bullish indicator. I love it when technicals and fundamentals both paint the same picture. Load up folks

There's not even anything to say anymore. Its so materially undervalued it defies all logic, and is being messed with for some nefarious reason. If these stunning fundamentals dont make it a buy I don't know what will. That's me logging off until I get a ping about an RNS or a rise in share price, everyting else is just pointless noise. I'd usually try to day trade on the side, buy and make some short terms gains, but that is virtually impossible also with the price action being controlled in such a vice like grip. So for now, I shall be logging off of everything and await the ping.

Lets have a guess how tomorrow will play out. Open up 1-2% for half an hour then get traded down up to lunch to about -2/3%, then kept within a 1% range for the next 4hrs before a small tick up and slight red close. Someone needs to switch that algo bot off for sure

Lol lol lol, and there we have it red uncrossing traded 682. If only we could have predicted that!

Give it chance, we havent had the uncrossing trade yet lol. Ah when will the games cease and start to make us all some money I wonder

Too many day traders and technical traders in it at the moment, which creates volatility and distracts from fundamentals. How I loath technical trading, even though that's actually part of my own job. Count me among the fundamentalists, always look for true value not a line on a chart.

France dont offer centralised contracts, its on a person by person basis. I suspect they just respond to the Uk contracts, as a proxy for other income stream guides. Either way, the next NHS contract will see us gap up 100% open minimum from here (in my view of course)

Personally I see us being taken over by AZN. We work so closely together in a broad range of areas, it makes sense for them to be the main suitors. Although I imagine many will be looking at us now. For me, unless we see a huge surge in the share price in coming months, I think we will get an approach before the summer arrives. rarely will they be able to get such good value for such a high end acquisition.

So to sumamrise, we are one of the worlds leading diagnostics companies, proven to be one of the most innovative and responsive to testing needs, providing supplies to over 130 countries. We're embedded in the NHS and WHO, and have just released a roadmap of future growth and expansion. Oh yes and in 9 months we will have cash in the bank equivalent to over 50% of our mcap. Which of you big fellas want to take me over first?

They forecast net cash at the end of this year at nearly £300m. That about half our current mcap. Madness. Any new contracts and that cash could be the equivalent of the full current mcap. I'm not usually one to go wild on valuations, but seriuously, I've never seen such a screaming buy in all my years of investing.

I think the share price will surge this afternoon, set up nicely. I'm reading through that Numis report and my word, just look at the financial forecasts, money flow is mental, and thats without any unconfirmed phase 2 etc in it!. We are many many multiples below where we should be trading. I'm calling it, £20 plus this year

In other words they are saying the share price is Crazy cheap, buy buy buy

Excellent broker note from Numis on the back of the RNS. Its screenshotted on twitter if people want a read, but main comment “Today’s release is a reminder of #Novacyt’s strong, rapid test development capabilities, which will see delivering more terminal value beyond the ongoing peak of COVID-19 testing than implied in the current share price"

The first day in months I dont check for a morning RNS, and there we go..

Most fun I've had on this board in months :) Maybe thats a sign we've hit rock bottom, when we all just prefer to have a laugh than worry about a share price that is behaving so irrationally. Feeling quietly optimistic about tomorrow

Nova did say they would be making new acquisitions in Q1, and sounds like theres a far amount of money to be made in lactating camels. Just joining the dots.....

Yeah its a bit of a mirage

It has been tested on camels. If we were an Egyptian transport company I'd be worried, but it's not the story that is going to make your short profitable I'm afraid, find a better one