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Been on here for 7 months, reading daily, posting occasionally. Heard of people blocking other posters but managed to take Captain Stanley, 9inch etc with a pinch of salt. Looking at Stacks limited posted history they have never had anything positive or informative to say about anything. How can I block him out please?
I think a number of us investors on here that have been invested for months have gotten emotionally attached to Novacyt, and many have broken their own rules on investing. I cashed in all my other stocks and ploughed them into here leaving me over exposed. I've cashed in some, securing profit each time, now to get some balance. Novacyt provide all the excitement I need so rest now in premium bonds for a while whilst I enjoy the ride and we get more clarity on the economy long term. My stake here remains bigger than my normal investments but as I feel more balanced I'm expecting to stay at this level for a few months yet (originally thought I'd be out June 1st at the latest). Can't blame anyone for cashing in some profit now but I would not recommend anyone selling up completely as this will go higher, even if it is not always in a nice calm straight line :) The way I see it £8 should be floor but with the level of shares in circulation this should be well in the 10s.
How often does a share go up more than 12 days in a row? Unfortunately not often in my experience. Novacyt still massively up over last 3 months and especially last 2 weeks. Some profit being taken out by those that have bought in the 200's only natural. I normally bottle it if I make 50% but am in this for the long haul, does not mean everyone will be though and 400 has a bit of a catch to it if you bought in at the 200's. 800+ is a much more attractive looking number though ;)
I got into investing as a dylanesque lad when Thatcher privatised everything that moved for peanuts. I learned to buy what I could then sell day 1 of trading and make an easy 10-20%. Being in the public sector with 3 kids I've never had a sizeable investment pot, but make a little each year to help with the bill's, except for.com bubble burst and credit crunch times.
Covid has been my most profitable period in about 35 years of trading. Having had stock in premier foods, dignity, tesco, sainsbury's, even made a cheeky 10% with a little foray into odx. Originally got in at 127 so this became my first "bagger".
In all that time I've never known a company to deliver on time so often in such a short period of time, have the market seemingly go so right for the company (in early months never envisaged covid getting this big) yet share price is below where it was after getting its WHO accreditation and below directors buys? I had twice my normal diversified pot all in on this at one point and have had to come out slightly, but everything I know about this game tells me this share price would normally be much, much higher.
The mystery American nda and more, surely must come out at the agm/egm and then what price a share?
France has reacted far better to this than the UK market 8% at typing, remember France is the biggest market for shares by far so a change in sentiment there is key to driving share price both sides of the channel up :)
The price to retail consumer includes labour/machine costs, general overheads etc and sizeable mark up for outlet. UNICEF price will be close to what we are charging them for bulk order as they are not looking for profit. I reckon $8.95 lowest, probably about $9.49.
I'm a business teacher and tried to approach the Department of Education about developing a GCSE and A Level in personal finance at start of lockdown, had an examboard willing to back me but DfE said no. The London Institute for Banking and Finance do a course that gets A Level equivalent UCAS tariffs and LIBF do a national virtual share competition for students whilst Shares4Schools do a real investment competition with students investing £2000. I'd love to develop it more but need support.
https://profootballtalk.nbcsports.com/2020/08/07/nfl-introduces-point-of-care-testing/
97% accuracy for their POC test. What is Novacyt?
https://profootballtalk.nbcsports.com/2020/07/21/report-nfl-will-spend-roughly-75-million-on-covid-19-tests/NFL spending $75m on tests. How much other leagues/sports?
I saw Abbot were awarded £100m+ contract from uk govt this month for testing. I take it this must be in addition to tendering process with deadline today. Anybody got any idea of how that sits with overall uk government test programmes. Does it effect our existing 6 month contract? Chances of a renewal? Sorry if this has been clarified already but if it has I've missed it. For the medically knowledgable here is there any clinical/procedural benefit the abbot test has over the novacyt one?
Novacyt £100m + sales. Avct, sng, gdr, odx diddly squat. Novacyt global distribution and clearance to sell everywhere +WHO backed, others developing distributors and clearances. Novacyt down after promising start today all other covid plays have rockets on.
I get some private investors think novacyt expensive due to higher share price but how big is the market for uneducated sheep like private investors? That cannot explain this fully. After 30 years on free with only a few brief forays into aim this is becoming a very frustrating but educational experience. Patience got to be a virtue, just need one of novacyt potential news stories to really land and we will all be happy. USA, mobile testing, saliva testing, slice of £5bn uk govt contract.
I rate GGGG's input as much as anyone on the net at the moment and he's been saying SNG was worth a punt for ages now. Unfortunately I've broke the cardinal rule of investing and tied up too much here, with the idea when this hits the heights that I believe it can I take an investing holiday until the world finds its new normal, and so did not take up that bit of advice from him and buy any SNG. That said he has always been more Bullish about NCYT and I have my fingers crossed he is right and we all make money whilst Novacyt does some good in the world.
Fail
I'm no shorter, but no ramper either. The 22m is sales revenue not profit or extra cash flow so has nothing to do with r&d spend. Cash in bank went down when if no r&d/expansion expense it should have been up at least 7m. I can only read between the lines and hope it a load of cash has been spent on r&d in a month, but to be honest struggle to see how they have spent the extra cash so quick. I expected to see cash reserves increase not decrease
I've been in since 127, topped up at numerous points including 480ish and still think if I was looking at everything I know about this company without knowing the share price I would guess that it would be higher than 480 so have optimism the share price has better days ahead but I've got to say my gut reaction to this rns was wtf.
Sales £22m when capacity of 10m+ tests has potential to net closer to £80m. Are they building up stock piles for further demand or not producing to capacity? Sales of maybe 3m tests last month?
Cash in the bank has went down in past month. Has R&D spend been circa £10m in a month?
Profit per test well above 50% which is good but expected more sales and cash in bank if I'm being honest. I know hopefully new products will boost sales further but why drop forward orders info which has always been part of these updates?
Still a solid looking company imo but understand why not the take off which most here seemed to be hoping for.
Normal max 20%, this 90% now. Been in since 127, had a top up at 480 (yikes) and 4 more on way down, last one 230. Think all will secure profit, just take a little longer than planned. Fundamentals and outlook as good as ever in my humble opinion. Roll on tomorrow!