Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When the top dog buys £500000 shares at over £8 that is all the insurance I need to believe these shares are worth much more. No way I let these golden tickets go for less. This share even at the moment is up how many times this past year. It has not been up in a straight line but instead had to endure several stressful falls, £5 to £2.15 tested me to the limit but I'm still here and grateful to all the posters on here that kept me positive. Keep the faith. Hold for Gold. FOMO kick in soon and (insert here) any other rallying cry you can think off :)
No matter the results today there were going to be a lot of sellers as people pegged this as exit day, hoping to make a fat profit or quit when ahead. News may not have been blue sky figures a lot had hoped for but they are better than brokers estimate which suggested sp of £14. Investors today can see official sales of £277m now rather than only seeing £17m. It may not be today but within a couple of weeks I think we get above previous highs
https://www.ii.co.uk/analysis-commentary/covid-19-testing-companies-still-hit-investors-ii514900?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-ii_afternoon_round_up_260121%20(1)&utm_content=newsletter&spMailingID=11962687&spUserID=NTEzNzA3NTY3NDk0S0&spJobID=1675489666&spReportId=MTY3NTQ4OTY2NgS2
A little additional press today could drum up a little additional interest.
Can't believe people selling first thing because update has not come out. Pretty sure that is all it is and could see this each morning until it hits. Why would anyone bail now when so much research has been done by so many on this site and compiled by Shaun P to strongly indicate Novacyt will likely beat broker predictions and the share price is still far south of brokers valuation. Patience, and for the trigger happy, I would predict the release of figures will just be the start of the next growth stage in SP development as figures will give share more credibility, unless there is one almighty spike (75%+) and then all bets are off.
Money more likely to be used for r&d and acquisitions at the moment. UK diagnostic industry going to be much larger post covid than pre and buying companies such as the test machines manufacturer is just start of building into the fabric of new framework to ensure sustainable revenue going forward
Broker Sales forecast seem to be at the low end of what is possible and there expected share price based on conservative sales was £14, the SP has further to travel. Can't see selling below £14 before sales figures revealed and then not expecting to sell then either as expect sales figures to beat broker predictions.
We are trialing testing as of next week with staff and students who are currently working from school in prep for schools potentially reopening after half term. Still cannot see how we test 1000+ people regularly (teachers currently down to do 1 a week, students 2) without seriously impacting working day. Interesting times ahead. Staff training on administering tests - watch online videos in your own time :)
Jaspertown, Come Friday 4.30pm I expect SP will be higher than now but could well be a few more shakes between now and then. I cannot see how an informed investor would sell at the moment though. Hold for gold!
I had hoped to get back to £10-11 before sales figures were released and then get a 25-50% boost of favourable results. I'll be happy if we stick to £11 and above now before results but what figure are others expecting/hoping for before results?
To Airlineboy and other long term holders, I hope you held your nerve and stayed in. You guys kept me going when I had doubts, hope you held. Dylan should be able to afford a gold plated extension to his treehouse soon!
My birthday is the 22nd. Financial results then would be nice. Looks as if fomo might be coming back. Anyone any idea if they need to give prior warning of when they are releasing results. I thought that was normal practice.
I'd love to have students back in 2 weeks time with testing in place and ready to go because I desperately want them to sit exams this year and virtual lessons, although these ones should be much, much better will not be a substitute for the real thing. With 50,000+ catching it every day I fear we are going to see hospital admissions rocket in the next week and daily deaths exceed 1500 a day for some time in about a fortnights time.
Hospitals are going to be screwed until mid/late March and the rest of the community are going to have to do everything, everything we can to help them out. Stay home, stay safe and see you all on the other side.