The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The difference between NCYT and the rainbow stocks, is that investors here generally just want to see Nova trading at fair value, whether that be at least a pe of 4 or 5, even if its slightly below industry norms. We aren't looking for 1000% returns or 200% instant gains. Fair value would be lovely, but not huge undervaluation like we are now.
Think we see a decent move up today as traders dump the speculative plays after their bit of excitement. Lets see if we can break 4 euros and reassert the up trend. Be nice if they let it rise steadily for a change.
If they think we will all be working from home and getting endless boosters whilst they enjoy themselves in christmas parties then they can do one. It was a mistake to remove PCR testing requirements for entry to the country (a mistake we all knew would come back to bite us), we all pay the price for this governments constant repeated failure. I for one will not be following the gov guidance anymore.
One thing is for sure, if there is any kind of contract RNS, or DHSC dispute resolution, every man and his dog will be buying. What will the price be that day? Who knows. But if you get a 50% rise in some covid plays just because they get a box ticked by a gov department, then it could be something truely special. God knows we all need it given our patience with these games.
Wont go for 250m though, thats just a markets irrational view of its value at a point in time. I still see a fair value takeover as c£14-16 a share. £1.2bn takeover value would be my guess. Any offer would need to be on a par with industry averages, and that is certainly much higher than a pe of 1.7 lol. It will come good in the end I'm sure.
They wont sell anything. They need huge distribution and supply chain networks for a start. Even if they use distributors, the cost has to be cheaper than alternatives and when you start using middle men your costs go up significantly, no one would dream of switching guaranteed supplies. Anyway, enough of them from me, it's the NCYT board.
The funny thing with gr is they have been authorised to sell in a few countries for over a year (India for example). They've not sold a bean because the cost of their tests is way too high. I think they've even had stock returned. people don't seem interested in sales, they like to buy hype. Its fair enough, each to their own trading strategy, but at the end of the day if you dont make sales its your investors who pay for it. Flip side is its good shorts have got burnt, and there is more money sloshing around in covid stocks. Money always flows to quality in the end.
The Spurs game is guaranteed to be postponed. They've been cancelling games in the lower leagues for one positive case, and spurs have 8 confirmed players with it, so yeah little chance that's going ahead. Be interesting for their game thurs though as Uefa rules are something like if you have 15 players available you have to play. Seems a bit nonsensical with a big covid outbreak in your squad as you just have a high chance of giving it your opposition.
It isnt a sell covid sticks, it's sell ncyt. The dog covid shares are up. Someone is targetting NCYT and battering it regardless of its financial and sales, its disgusting behaviour frankly. I think everyday it will bounce as its woth many multiples of this, but they grind it down everyday to try to force people out. It's f'ing disgraceful market abuse. I want to see us drop 5% one morning then get an intra dsy RNS that crucifies the f'ers. Maybe tomorrow, who knows.
He has a desk? I thought it was just a fake door with his name plaque on it. I don't think the staff even know his actual name, or indeed that he is the boss. Most of them think gary the cleaner is the new boss as he's always walking around giving them pep talks.
Omicron and NCYT are very much alike. No one knows wtf is going on with it. Baffling share sometimes. Since we've had the surprise PCR travel reinstated and a huge boost for PCR testing we have dropped 50%. Instead of being at £7-8 we are at £3. You really couldn't make it up. Someone is messing with it big time at the moment, for what reason who the hell knows. takeover probably.
Your point is Johnny? You seem to love calling me out on every prediction. Why don't you man up and make your own prediction instead of *****ing about mine. Good to have your own opinion buddy, no one likes a hindsight analyst of peoples predictions, it's tetchy.
The problem with the share and why investors remain unhappy is that its performance does not reward long term investors (yet). Only one who profits here is swing traders. The emphasis on having to retrace every rise to fill a gap is case in point. Its trading behaviour ignores fundamentals and focuses pretty much exclusively on charts. That won't last of course, fundamentals always shine through. It is however pretty galling to long term investors who have backed the right horse but haven't as yet seen the rewards their patience and call deserves.
9% of shares are owned by II. Agree they should do more to get that up. That is a failure of the board from appointing ODDO in my view, one of their biggest mistakes of the year, arguably their biggest mistake I feel. Works both ways though having a high retail base. It means its much more sentiment based, so when it starts to go up it roofs as everyone piles in. Swings and roundabouts really. Allows for the manipulation of short term traders, but it is what it is. Lets see if we get a rally tomorrow. I expect a little cheeky drop first thing to worry a few stops then the rally to continue. If it doesn't also fine, because at the end of the day testing is going through the roof and that means more money in the bank for us.
They have informed the market their covid test is approved, they have informed the market (albeit on twitter) that it detects the variant. What is it you would like the board to do? Come around to your house for a cuppa and a chat perhaps? Blaming a lack of communication on a share price pull back that clearly is the results of short term trading is short sighted. I do not want to be invested in a company that does a fire fighting rns everytime the share price moves 5% (cough cough GDR, ODX), that smacks of fear from a board and a lack of confidence in their company. i did vote against the board by the way, but equally I don't need a message from them every week to explain why a price has moved up or down.
Well it closed exactly on its 'gap fill' line in France. Now they've achieved what they wanted to achieve by f'ing about with their lines on a chart, maybe they can let it actually follow fundamentals for a change... Maybe its too much to hope that a company is valued on its actual fundamentals, after all those wiggly lines really are the only way you can value a company, Cash, sales, contracts, and market conditions utterly irrelevant to a companies valuation it would seem.