Member Info for Bluelight

A recession should cause bank and cyclicals to decline, however if anything NCYT is a defensive stock so would do well in a recession scenario like we have now. Although we are already in a massive recession and people are still buying cyclicals like mad, a fool and their money and all that. Personally I see that ending soon, with airline, banks etc getting slaughtered again as reality finally dawns. Then pharmas and insurance etc will be the main play.

Simple solution for the Gov to secure supplies, trigger phase 2, sorted. When is the deadline for that?

Is this the same Avacta that has over promised and under delivered all year? I dont believe a word their CEO says.

So France only accepting pcr tests which catch the new variant. Its will be us all day long that will be the tester of choice, given we arean Anglo french company with the best pcr test and variant identification. Imagine if they expand this to air travel under the same criteria... These rapid tests cant be used in any shape or form. They can't miss one variant case or areas clear are screwed. It's going to be a very merry xmas for ncyt.

Personally I make trading decisions on fundamentals, but use supports and resistances for timing. I dislike outright technical trading, its self fulfilling, if enough people believe something it usually occurs, nonsense to me. Supports and resistances are great tools, all other technicals are hit and miss at best in my view

Gap filling is utter nonsense, always used whenever someones missed out on a move. Gaps often happen on fundamentals, in which case gaps are rarely filled. If it gaps on nothing fair enough fills often occur. Theres so many amateur technical traders out there that dont have a clue, but all think they are experts, bulls and bears. Breakouts nearly always occur on the 3rd attempt at a resistance, surprised today didn't smash it, but will see tomorrow.

We await the breakout for another day then in seems. That 10 euro level is a real stubborn son of a gun. Flip side of that is when it goes should go in a big way, this week hopefully. I'm still going for £10 by christmas.

Let's hope those fish need plane seats to escape the fisherman then, because no one else is going to be needing them

Over recent weeks there have been a number of new people pop up on here disrupting the board with non NCYT related chains, random gibberish chains, or just generally disruptive commentary. i don't know what the game is, but it wastes everyones time posting it, so why not give it a break for Christmas eh lads and ladies.

Still baffles me how low this is trading given consensus on earnings. Anyway, we are all in the same boat waiting, some patiently, some not. I was hoping w ewould see 1000 before Christmas but thes egames seem to have put a hold on that for now. At least the rest of my covid portfolio is off to a flier, come on NCYT it's catch up time.

The NHS though have got set payments terms, cant remember the exact details but someone posted on here before. So those deals will have crated cash quickly and wont be paid in arrears as they'll want o make payments and flow of product as smooth as possible. Have a feeling it was 30 days but might be less could be mistaken.

"Cash at 30 June 2020 of €19.7m after paying down all long-term debt and significant working capital investment made into stock to ensure the continuity of supply to meet the demand for COVID-19 tests". So I think you've not factored in that they used the income from earlier in the year to pre empt that by buying up stock in advance. True if sales are off the charts then they may well need even more stock, but personally I expect cash to come in at a very high level. But sales are key, we need info on that, and not just vague guidance like we've had in the past. Want to play with the big boys then they need to communicate like them also.

Many on here would discount a takeover, but I agree with your view. If a company is valued at its cash in the bank, and with future sales booked, and a growing reputation, then its inevitable it will be taken over. Its a free bet for the buyer. That said they'd obviously have to pay a chunky premium as no company or investor would accept an offer at your cash in bank level mcap.

200k shares probably got them what they needed. Onwards and upwards

I expected something like that today given the trading pattern over the last week. Its clear to me that someone is building a position and the MM's are trying to get shares however they can. They tried dripping it down, making it boring, now they try to take out stops. I doubt any of that really got them much action. Next stage is for it to rocket up again as they give up on those strategies and get it done at market prices.

Well that was a blatant attempt at taking stop losses out. Dropped 4% in a second to below 800 and 900 on france. Lets hope thats them getting their business done and we can move up, because this is as tiring as feck

I agree with you Afterburn. I've seen it many times in different companies where an amazing set of results get slaughtered because the market dislikes a tiny element of it. Weve made a billion sales, but it cost us 5% more than last time for raw materials, tank time. It's a risk that is taken when you lump all info in together in one giant update.

We disagree on them not having the updated sales data then. You come from a company financial background, I come from a trading background. In trading and deals brokers will take out and be taken out by their clients. At these events information is shared, off the record mostly, but it is shared that's for sure. Now if a broker is trying to get investment then general info updates such as sales performance is easily passed on to help investment cases. None of that is illegal as it's not confirmed data, just a guide, and in some cases im sure companies can mislead investors, so investors would have to weigh it up. They wouldn't say for example phase 2 will be confirmed in a week, but nothing stopping them saying our 2H sales are roughly over double H1, again an example not saying it will be double.

I have no proof at all, but if a company is putting tens of millions of pounds into a company I guarantee you they will want to see up to date numbers, either through brokers or direct. They will not do so on data that is 6m old, it would be irresponsible with the funds. You may believe differently as is your right, but that is my assertion and I stand by it.

The counter to that argument of course is that major investors such as blackrock will have access to the up to date sales numbers, as will the directors who just bought shares. We as individuals do not, and quarterly updates for example would make it a more even playing field.