The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Full year revenue rose 13.1% to £1.1bn, reflecting growth across the core Retail business, and a double digit increase in Autocentres. Underlying cash profits (EBITDA) rose 46.7% to £139.8m.
The shares fell 3.6% following the announcement.
What hope do we have?
This is not a moan, but I am sitting on a £13k loss due to timing and panicking . My average is lower than GM's at £7.68, but I bet he isn't feeling quite as bad as I do with all the talk of averaging down at £4 plus. I'm now trapped - it would be foolish to sell now. Just wish I hadn't panicked in the past . I have been foolish, but my buys were all related to this board's positive talk and brokers forecasts of £13-15/share. Looking forward to the day when Nova recovers!
All these messages of support. Where's the process of how ? Simple clear link perhaps?
Sorry if it's been highlighted previously!
thank you
I'm reading all the posts on here daily and I get the feeling there is a sense of optimism, but that isn't reflected in the SP. Like many LTH's I'm feeling a sense of dread that GM will add more doom and gloom and the SP responds accordingly. Surely he must know by now what the markets and shareholders want to hear!
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https://www.ft.com/content/c9565eb8-4250-495c-bce9-93d786e3bb9f
While the huge public expenditure — around £19bn has been spent on all forms of Covid-19 testing so far in England alone — cannot continue, a system will be needed to quickly catch fresh outbreaks and to identify new variants. There is also huge demand for tools that can distinguish between Covid, flu and a common cold — so that a winter sniffle does not lead to a period of enforced self-isolation.
Always one step ahead. I will surprised if it has much effect on the SP. May be a small 0.5% rise, then it will be brought back down. BUT- it's all temporary. For LTH's the wait will be worth it in the end I'm sure. UP is the only direction from here.
We have seen the highs and the lows this year, much like we do with the weather. Currently we are in the circulation of a deep low, but I firmly believe we will see the highs return with much more volatility to the SP. I've panicked along the ride and bought and sold from £4 to £11 with huge admin costs. I'm sitting on a big loss, but I have confidence that we will start the transition to a large high very soon. Everything in life is temporary! Agree stop the moaning and be patient!
Checking this company today and they are worth £20.79 per share: Their midcap is 249 Million Euro and their turnover is a mere 2.1million Euro. Nova have lost 56% YTD. Biosynex have gained 45.5%. Biosynex figures are dwarfed by NOVA!
Sector Biotechnology & Medical Research list of companies in the US and Europe shows Novacyt with the highest percentage loss of 56%. Gains in some companies up to 150%. Novacyt do not deserve to be the highest loser in percentage terms. madness!
I consider myself an LTH having been here since last September. I could have sold and made a profit of £9.5k, but for obvious reasons I held and became greedy. Now I'm sitting on a
£13k loss. So many PI's like me no doubt, but why on earth are we sitting here in a black hole with no clear direction from the BODS. We release a little optimism when we see those infrequent RNS's but the truth is this soon evaporates when the share price is continually hammered. I see other similar companies with substantially less going for them with Sps 4 X what we are. Come on Nova release that rocket RNS and stop all the pussy footing! I can only begin to think that there is something negative going on that we don't know about!
That makes me feel a little better knowing that you are sitting on a paper loss of 22k plus
I'm on 12k plus paper loss!
Why on earth does GM put so much negativity into an RNS. There is only one person to blame in all this and that's GM. Nova's PR is pathetic! I worked in sales and was always informed to look at the positives even when there was bad news to convey. There is no such positivity around any of the RNS this year. You would think that GM is trying to destroy the company!
Yet another shed load of money lost! I wish I had never set eyes on this company!
I find it hard to understand why the SP is where it is! Take a look at Biosynex which is in a similar market. It has a turnover of 4.27Mill Euro and a midcap of 268 Mill Euro, yet their SP is 26 Euro. Makes no sense!
On a link I obtained from this Board I was well pleased at Simply Wall Street valuing Nova at >£20 per share back in February. However it has reduced the SP to less than £2 now bringing my portfolio crashing down. They have no information to base this rerate on and I'm simply bewildered at why they would value it so low based on the fundamentals. Needless to say I have lost faith in their predictions for everything else and have terminated my contract.
Biosynex rated at 25 Euros: What do they have that we don't?
https://live.euronext.com/en/product/equities/FR0011005933-ALXP
Nice to see a drop of only 1.6% today and good to have a 3 day rest of relentless bashing of this share. All LTH's have rest and enjoy the long bank holiday weekend.
I echo the same sentiment. I've been here long enough to know your games . I can almost predict what you are up to! But you won't get your hands on my shares so you may as well pack it all in NOW. Pick on some other unsuspecting share, because sooner or later you will be exposed! Your's unfaithfully.....
My faith has been restored. However, I am still under water and will be for a long time. Since Friday I've gone from a 5 figure loss to a 4 figure loss and I'm happier for it! I am sleeping better too!
Go Nova !
Must say that was a surprise. Let them take the SP down. I'm a firm believer and holding! Not selling a share! Unlike earlier when I was panicked into selling and ended up buying at higher pries and selling low. Well done Graham - faith restored! Has he been listening?
Me selling. As soon as I hit the sell button this share will rocket. Bad news is I'm not hitting the sell button!