Member Info for BwanaMakubwa

Absolutely no idea Steve because as I said in my post we do not know the numbers and will not until we get y/e results on an RNS.I would agues they would low ball around £20 per share to start with, but that is a pure guess-we all really need hard numbers.

I do not expect any bid before Christmas to be honest.

Read the note old chap.Page 37.

Apologies-many of you will know this, but it may be useful to more inexperienced investors.

Given the highly cash generative nature of this company and the substantial (but still unknown) amount of cash on the balance sheet this must be valued an EV basis (Enterprise Value).This means the market cap less cash on the balance sheet.

Unfortunately we do not know the cash on the balance sheet so cannot work out the EV yet, but lets say it is £120 million then the EV is Market Cap £705m minus cash £120m equals EV £585M.This is a much better way than using a PE ratio which just take-in the whole market cap rather than the value of the actual underlying operating business.We do not know the cash level, sales or earnings yet, but on an EV basis this will look stunningly cheap given the cash and revenues we estimate they are generating.

Just as an aside this is why we got such a great price on IT-IS.We paid £10m,but they had £4m of cash on the balance sheets in reality we paid an EV of only £6 million.

Thanks both and fingers crossed!!

I see a new ETFs are being launched to invest in companies that benefit from Covid and the post Covid world.

Good post Airline.
Well we all know where our esteemed CEO wants his shares traded.This will be headache for him and Numis to deal with, which he really does not need at the moment.I am fairly convinced we will keep the London quote.

Thanks elje.

Wilson and Else-Where do you see these please.I see the trades on LSE and get live pricing from Investing.com,but have no idea how to see accurate live trade history.LSE seems pretty unreliable in this.Thanks in advance.Bwana

Without Trump-love him or loathe him-no UK trade deal.Another blow to our already f....d economy.

Morning Novae,there is a rediculous 40p spread this morning and some very strange prices going through.

Slightly encouraged by the lower volumes today, hopefully indicative of most of the "loose" PIs having now sold out.However, as pointed out by several here there has been a persistent large seller all day.

Assuming all goes to plan what are your 2 year price targets Saint and Ten.i get to about 30p.

Agreed Kaeren.But I think we will have to wait a bit yet.Management and staff will be rushed off their feet just now and Numis will only advise an RNS when there is big factual concrete news.

See you tomorrow Wasa!!!

Sorry guys ,but STRONGLY disagree. This is a very hard share to short unless you do it on a spread bet,simply because there is very little borrow and what borrow there is,is very expensive.Secodly we have much better accretive things to do with our cash than simply buy back shares.
Expect this to drift for several weeks now (although I have been rubbish at reading the direction).I have size to buy anywhere near 800p,otherwise holding strong.

Thank you tay.

Hi Tay,

Firstly thanks for all your input.

Following a later conversation on this Board I do actually have a question regarding recruitment.
It is all well and good hiring a headhunter to fill multiple roles, but these roles are pretty specialised and not particularly well remunerated.Furthermore people with the skillsets required will be in high demand.I would be very interested to know what interest NCYT is getting for their advertised jobs, do they envisage heavy wage inflation and are they considering a staff option pool? Great having lots of jobs advertised, but negative if you cannot fill them.

Thanks again for all your hard work and enthusiasm.

Steve5859 you make a very good point here.These jobs require very highly qualified candidates who are certainly not 10 a penny especially in some of the positions a PhD is required. There will be a lot of competition for these people making a lot of these jobs hard to fill. So salary inflation in these areas is inevitable (good old supply and demand) and in order to retain the longer term positions a staff option pool will need to be created-meaning dilution for us.But no fear Novae,we are fortunately cash rich so can compete in a tight labour market and we only have 71 million shares o/s, so another million or so issued for staff options does not impact our bottom line much.Rewarding your loyal, skilled staff with options is a very sound and sensible move-retains key staff and reduces staff turnover which is highly disruptive.

Personally I do like hype as long as I am fully invested.I am not a ramper and never will be, but good PR is always welcome and I hope the financing news will bring us plenty of good PR.Maybe Peel hunt might even write a Buy note with a decent price target.

I find NCYT to be a very strange share.When I am expecting the price to shoot up it does nothing or goes down.Then it suddenly rallies hard for little reason.I suspect this is partly done to being quoted on the much manipulated AIM and the dual quote does not help either (although I know many of you disagree on that point).Also the whole COVID sector is new, nobody really know-how to trade or operate in it.
What I do know though is:
1.It is vastly undervalued.
2.Institutions (not just Blackrock) are buying already or trying to analyse and get their heads around the stock.
3.At some point sales numbers will be divulged forcing upgrades from the few brokers who actually research it.
4.Current consolidation around 950 to 1050 is healthy.
5.The share price will go a lot higher.

So holding very firmly and adding on particularly weak days.