Member Info for Brentw1

B2HS2L, not at this time of night and having just returned from the village pub. Go to bed sir! Kind regards B

I must admit JK that I had the same thought.

There's also an overwhelming compulsion to have the final comment as well, which is ironic considering the advice given to others on seeking professional help. Lol

Oh dear WBAFC.

It does not help to post when you are so cross in my opinion. It is not very objective and sows seeds of doubt in those of a nervous disposition. You want this share to succeed (obviously from your last statement).

I personally have no issues with the integrity of GM and the BOD. I rather like JM's response in the Q & A exchange posted earlier.

James McCarthy
Chief Operating Officer

4. Why did you decide to join Novacyt?

"Novacyt is an exciting company that has made a tremendous impact in the fight against the COVID pandemic; however, it was the people behind this success that made the opportunity most attractive to me. The company has a very strong ‘can-do’ culture while taking care of its people and the environment in which they work, which appealed to my values. It has demonstrated its ability to rapidly develop diagnostic tools in response to an ever-changing environment and this positions the company well for future growth, both in the UK and internationally. This transition from a relatively small business to an international player is a unique opportunity, both professionally and commercially, which I find very compelling."

I'm not entirely sure Pork's but my understanding is that this is some technical issue with the Bourse, required by French law and not actually a 'trading' exercise. Perhaps someone a bit more knowledge in this area could comment?

1542 at 323.6ish (couldn't be bothered with the other 4 digits off II!)

Not quite as many as you Porks but all I had available today. Good luck all, this is in my opinion (and to emulate the style of a certain poster) "A total no brainer!!!!!!" :-)

Fair comment Porks.

I must admit that initially I found you a bit like a 30 stone bloke with a body odour problem in the airline seat next to me in cattle class on Ryan Air :-)

But you do appear to have had a shower and lost some weight since those early days and I do believe you to be a totally genuine LTH (sometimes very enthusiastic!) and not a shorter/ramper (for what it's worth!).

Porks, is it that the Innova test can't distinguish variants or that it specifically does not work on the Delta variant? I've just done a quick search and cannot find confirmation of the latter so would appreciate it if you can post a link to the source if that is what you meant.

If Innova cannot detect Delta, then this is truly massive news.

Thank you :-)

Thanks Jacklin. I just felt that a bit of objectivity was required in amongst the character assassinations and angst this morning.

It was very re-assuring to see a few people agreeing (but it was Kaeran's '25 ticks award' post that really made my day!).

Very good point Hillseeker about French investor sentiment with the change to Sterling from Euros. Its one which I must admit I had not considered.

Great post Porks.

Not sure personally that we are "totally in the dark" abut expansion plans and Novacyt is going after a few specific markets it would not want to broadcast that to competitors in detail.

Great posts just below (From the horses mouth) where GM and JM give some pretty good indications of some of the identified opportunities and development areas.

Anyway, keep the positivity going in your own very inimitable, distinctive and enthusiastic style! GLA

B2HS2L, I think we all knew what you meant :-)

Jandd.

What olive branch?

We have no idea what was offered or by whom. We have no idea who is at fault. We have no idea specifically what the dispute is even about.

There are no details whatsoever of these talks in the public domain so everything on here, in the papers, on blog sites or anywhere else is pure speculation.

This might not be helpful or re-assuring to you but it is fact.

Hi Hillseeker. You would obviously be right if the invoices were dated in 2021 for product.

I was simply responding to Temuchin questioning whether 2020 invoices, paid in 2021 would be part of the 2020 accounts.

Hi Temuchin.

Yes it would as unpaid invoices show on the balance sheet as a debt and therefore money owed to the company.

The profit from those invoices would also be shown in the same time period in the Profit and Loss account as the invoice date is legally when the transaction took place. The accounting convention of 'matching' requires this.

Good morning MrMole.

There are some things in life that are virtually impossible.

Nailing jelly to the ceiling.
Convincing my wife that I only had two pints at the pub on a Thursday night.
Anything involving clueless politicians.

:-)

My goodness! There won't be anything left in the prams shortly!

Calm down folks............ !

Ranting at each other will not help and certainly will not send the shareprice up.

1. If you take a quick look at the CV's of the current BOD, my judgement is that collectively they have massive negotitaion experience and knowledge. I teach Advanced Negotiation skills and Leadership & Management skills at Masters Degree Level for two Universities and am one of the two founding directors of a Chartered Management Institute (CMI) Centre. This is an area that I have considerable experience in (unlike many other topics on which I am clueless!).
2. The DHSC issue does need to be resolved and it will be but trying to hurry the process puts you at a considerable disadvantage if the other side know what they are doing, hence this statement in the recent update on 22nd June

"At this time, the Company is unable to provide further clarification on the dispute or the timing of resolution due to the confidential nature of discussions underway. However, the Company has taken legal advice in relation to the dispute and believes it has strong grounds to assert its contractual rights."

3. There has been a lot of fantastic news over the past few months which rather undermines the view expressed on here frequently that the company does not communicate! It's simply been overshadowed by the dispute.

4. The dispute is fully priced in for the worst case scenario as far as I can work out. The sp is subject to influence by the traders and shorters and some people's portfolios might not look pretty at the moment (mine included) but if you take a deep breath, stand back and look at the facts, this share is monumentally underpriced.

5. Is Novacyt in danger of going under and will you lose it all? For goodness sake NO! Covid is going nowhere, the company has a fantastic portfolio of non-Covid related diagnostic products and is steadily growing revenue streams all over the place. My guess is that the LFT tests recently announced will have fantastic potential all over the place. I lost my mum in hospital to sepsis a couple of years ago because it was not diagnosed quickly enough. Imagine a saliva based LFT routinely done for that! And don't forget the cash in the bank, insurance does not get better than that!

6. You have lost nothing until you sell and bail out. It does require patience (something which seems to be in short supply this morning) and should not be an issue unless you need the money or have borrowed to invest (in which case you are very foolish imo). People rant on about the 'lost opportunities' elsewhere. Really, in that case why are you not millionaires then? The reality is that the majority of us make a bit, occasionally get lucky, sometimes drop a clanger but probably do ok overall over a reasonable period of time with a well-balanced spread of investments.

So where does this all lead to. Patience folks, it will all work out OK in my opin

Which has immediately attracted negative comments about shareholder neglect. Even if you agree with that, what a stupid f**king thing to do in my opinion.

Vent on here, email GM but why shoot yourself in the foot as regards potential new investors on a public forum.....................

Great overseas partner.

https://invitro.com.au/

Good find Lewis

I'm no chartist (I actually think that they are completely useless in this sort of situation) but its no rocket science to look back at the share price graph over the past few months. That means to me that the shorters have to come out soon.

They could lose their shirt if GM announces an end to the DHSC issue and that could literally come at any time. I can't see Novacyt waiting to release that sort of news as soon as it can.

Volume is low and the attempts to manipulate and grind the shares down are relentless but I suspect not releasing many shares or stop losses. I feel for Bluelight and people like them but hang on folks. The buys outweighing the sells tell a story in my opinion. It is only a matter of time before this corrects and reflects the true situation. Hang on in there!