The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Sorry Bladey but there is a world of difference between abolishing VAT (you don't have to pay VAT) and deferring it (you do have to pay VAT).
And possibly none of the above...
Based on his post, I don't see how he is a troll, Mohh. Twitter/Facebook etc are not official sources; although sometimes these sources may be the first to leak genuine information before release through official channels. A huge problem with this BB is the likes of Pineapple grabbing a snippet of information from unofficial sources, or taking incomplete information and stating it is related to NCT, before ramping the cr@p out of it. Sadly, people are gullible enough to believe him.
Longwait - are you trying to make ADUK cry? ;)
Genuine question, but assuming Coronavirus is short -term, ie a few months, is there any value to a company buying out NCYT? Not trying to devalue what NCYT do but to buy a company to satisfy 4-12 month opportunity... Is there value in that? Is it worth it in the long run? I see better value with a JV option, personally. Am I missing something?
BRB1, I too would like to hear more from the company but a lot of what is posted on here is unsubstantiated information. There is a lot of assumption and little evidence to support it, which in turn raises expectation on this BB. What if the reason we're not hearing anything is because there isn't much to tell at this time (I would like a sales update, but again we can't expect this every few days)? It could be of course that for whatever reason there is news but it cannot yet be released.
Not trying to deramp; simply trying to maintain a level head and not to get caught up in the euphoria of many unsubstantiated rumours and excessive ramping.
I think what makes the situation worse is the persistent, excessive ramping on this BB: Some country is using a testing system that provides results in less than a week = must be NCYT's... no RNS = in silence due to impending takeover for £5 or £10. I understand that without news speculation will occur and the potential for NCYT is clearly there. But I think it worth remembering if it isn't from an official source such as RNS, it is speculation, and on this BB, expectations are being raised high.
And before any accusations, no I'm not short or de-ramping. I was late to this party so need the SP to lift just to break even.
I've reported the comments:
If the comments about 'ending it' are genuine then it is alarming that people are thinking this way and I've asked the moderators if they are able to track the individuals down through their log in/registration details and could they forward details to Police/Samaritans.
If they aren't genuine then we have some very sick and twisted people on the BB.
Point taken.
No offence mate, but as there are many on this BB that have been effectively done up backside and are facing big losses due to unscrupulous behaviour of a FTSE100 company, maybe now is not the time to be bragging about how you made a killing elsewhere.
Adzy/TQ - thank you for your responses.
As I'm a layman, could someone explain to me in words of one syllable, how NMC can be suspended in the UK for the well-highlighted reasons, but still allowed to trade on the ADR?