Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Oh boy! That was the drop I thought might happen first thing lol. Got there in the end. Cleared some sellers off and massively replaced by buyers.
I went way heavier than I planned with 3 buys. 2 at 4.07 range and bigger one @ 414.
The strength shown here is amazing! Well done all holding on, buying in and even those who have left the goods gip Novacyt. Bon voyage :)
Lol. Well I couldn't wait for 385 so bought just that 470 shares (@387.9999) that I needed so now my SIPP the nice number of shares I was aiming for :D
Over £17k from me in the last 2 days plus what I was already holding through the last painful months. Dunno why I'm saying it really but just putting my money where my mouth is. Locked in nicely now for atleast this year and will adjust accordingly after Oct. Glad that's done so I can get back to the grouting I should be doing instead of non-stop quotes. Lol
Anyway, sure there are a ton of holders like me who are holding their tickets tightly. Next time we go through £4 it will no longer have that pent mental barrier feeling so should cruise on through. Anyway, ready for the weekend now. GLALTH.
Looks like it. I had another top-up @384.44 for 470 shares.
I really need another 470 to reach my nice round target number of shares (should have bought it together-doh) so if you guys would be so kind as to allowing a short, sharp 385 again I'd be most greatful ; )
GLALTH
Unknown - 1000 @ 365 was mine and it was a buy! :)
Such a strong day I couldn't help but top up. Feel like this is the start of the news period and setup perfectly for more. Ready for the weekend.
As for £4 it is but a number not a goal. I held thru the £5 rocket last time and weathered the drop afterwards. This time I'm more convinced than ever there are bigger things coming. We are a different beast now. GLA
Just topped up a cheeky 801. Feels like things are brewing nicely. Looking forward to this month :)
I can't believe the market reaction to today's RNS. It's like the RNS doesn't read clearly enough or isn't understood, I dunno?
I thought the test to decipher between the winter flu/covid test and 1 gene/2 gene tests were going to be separate but Novacyt have them both included in an all-in-one winter test panel! That's HUGE!
Then we have: mobile tests, rapid tests, saliva test options, reagent(chemical)-free tests on top of our standard tests all being extremely accurate. If that wasn't enough we have an anti-body test coming in a few months, all debts payed off, low mcap making us the perfect buyout target. Ooh, just remembered the gov links, the gov tender, the load of high profile job vacancies, selling to 130+ countries for months etc etc!
This is a crazy amount of work by the company. Just the flu test alone will be a game changer as I personally can see a second hard lockdown very possible through flu season as our health services become over loaded again with possible cases.
Very proud to hold NCYT. Wish I had more bank to buy at these levels with this amount of news so easiest hold in my PF by far. Anyway, may come accross a bit gushing but it's a joke the reaction we get for tangible solutions compared to others. Next few weeks will be very interesting... GLA.
There's a world of difference between being roughly accurate on whether or not you're pregnant as apposed to whether you have a life threatening disease that you can spread to your loved ones and the public.
Convenience means absolutely nothing if the test isn't highly accurate.
e.g If I have the choice of a fairly accurate 30min test that costs £15 or an extremely accurate test that takes 2 days (and twice the price) I'd choose the 2 days one all day long.
note: Novacyt test doesn't take days :)
Just been re-reading the RNS. Am I reading this right? £40 million new sales in month of May, "in addition" further orders of £80million (from 01 June)?
The April sales update used similiar language but orders were £90m. This suggests to me that today's update of £40m (sales) + £80m (orders)= total £120m was all achieved in the last month! End of June could then have a similiar "additional" orders of approx £80-90m.
Not sure if I'm stating the obvious or not but it sounds to me the orders are compounding massively! Also, read how the US update progresses in each RNS! VERY EXCITING!
Today's RNS 02 June 20
Sales
As of 1 June 2020, sales of the Primerdesign COVID-19 test are €45 million (£40 million). In addition, Primerdesign has received orders for, or been contracted to deliver, a further €90 million (£80 million) of its COVID-19 test. Therefore, currently the total sales and confirmed orders are €135 million (£120 million).
During the second half of the year, additional COVID-19 related sales are expected from the Company’s new products, Exsig™ Direct and Exsig™ Mag, and from the Company’s mobile testing solution (see further detail below).
Novacyt is now selling its COVID-19 test into more than 130 countries, with the top two countries being the UK and Germany. Novacyt is also pleased with the progress it is making in the US market and expects to update the market in due course.
RNS - 29 April 20
Sales
As of 28 April 2020, Primerdesign has sold, received orders for or has been contracted to deliver over £90 million (€103 million) of its COVID-19 test. This figure includes the contracted minimum amount of test orders from the recently signed supply agreement with the UK's Department of Health and Social Care and initial orders received to date from the collaboration with AstraZeneca, GSK and the University of Cambridge.
Novacyt is now supplying its COVID-19 test to more than 100 countries and approvals for the test have recently been received from Malaysia and Ecuador. The Company continues to increase its sales level into the US market and is evaluating potential options to further expand its presence in this important market.
Latest detection update posted a few hours ago. I remember when I came onboard we were testing positive to under 1000 available covid sequences. We're now at 18,900 sequences and still 100% accurate!
Quality speaks for itself.
#Primerdesignltd latest Specificity Statement update. 18,900 sequences with 100% detection of SARS-CoV-2.
#COVID-19 #FlattenTheCurve #NCYT https://t.co/IKH0PWhVfU
https://twitter.com/PrimerdesignLtd/status/1265021146526896130?s=09
Just seen this posted elsewhere.
Mysterious new coronavirus outbreak hits China - 108 MILLION now back into lockdown
CHINA has increased fears of a second wave of deadly coronavirus infections after two cities were placed under lockdown.
https://www.express.co.uk/news/world/1284199/China-coronavirus-new-lockdown-latest-Jilin-province-quarantine-COVID-19-update
Read what I said and chill TF out. -6-8% is NOT dropping like a stone!
Not gonna write a big piece about it. We're just hitting some turbulence. Things will settle down soon. Held my nerve through a lot worse here and not long ago.
Trust the research. Think bigger. Think longer. Order book is full. Easy hold. Easy buy and hold. GLA
CH
Solid report and predicable nonsense by MM and "the impatient".
I think the bigger thing to be focused on right now is what's happening in the U.S markets. It looks like this dumb rally is finally out of steam! All the major players were down across the board and fear/panic are starting to settle in. Stock are vastly overvalued considering the situation and reality is about to set in (go look on Bloomberg and CNBC etc.
What's your point? My point is that if this is the end of the rally and a 2nd market crash is starting (as everyone should be expecting) where will money be trying to go? As the cause of the economic situation we're all in is because of this thing called Coronavirus you'd think a good place to look would be companies that are in the fight to stop this disease. As would be investors look for particular Covid-19/Pharma companies they may come across today's report for Novacyt (and recent history). Today's report shows Novacyt is a solid, proven, in-demand company and positively set for the near/mid/longterm to sell to the world (already selling to 100+ countries). Yes, there are plenty other companies to take a punt on but for many trying to find a safe haven investment you're gonna want a company that ticks all the boxes like Novacyt. It isn't a punt!
This is so far only taking a market downturn from here into account. What happens when the likely 2nd waves start hitting? What happens as more and more businesses go bust? More unemployment increases? More industries stay closed? Q2 results hit in a few months? All of this the world over! This could get ugly for a very long time.
I go back to my main point. There will be few sectors in the market that will be key to rescuing the global economy over the course of what could be a few years. Today's report is proof of what we already knew, that Novacyt is of the highest quality, it is already selling to the world in the £millions, demand expected into 2021, it has vastly increased production, the list goes on... If you think ahead to what's on the horizon Novacyt is a great place to be for the foreseeable future. IMHO
From today's report:
"Sales, orders and commitments to purchase the test since the initial launch have significantly exceeded expectations and have been transformational for the Group; all indications are that the positive financial effects of this will continue. This is additional revenue to Novacyt's other operations at Primerdesign and Lab21 Products. The Directors believe the significant demand for the Company's COVID-19 test will continue through to the end of the year, and may extend well into 2021, as the global demand for COVID-19 testing continues to increase. Further revenues are also expected from the launch of the Company's COVID-19 related products described later, which include the Exsig™ Direct extraction reagent and mobile COVID-19 testing."
SImiliar to my post last night (GB on Peston). Gordon Brown lays it out very simply that even with the new 200k tests per week we are nowhere near the level of testing we need to safely and confidently attempt to start the economy.
He talks a ton of sense and TESTING is the only way according to him. Well worth a listen.
Just been posted on Sky News' YT channel.
https://youtu.be/anskhGdCZp0
Anyone see it?
Gordon Brown gave a very clear, straightforward, & common sense suggestion that the way to get the economy moving again is mass scale testing. He said we have only tested approx 1.5% (ish) of the population when we need that to be around 7-10% minimum like Germany etc. He stated we need to seriously ramp up testing.
Makes total sense and so simple. If you have a company with say 10 staff what you need to know more than anything is 'is anyone positive right now'. That'll cost a measly £100. With that info and with all the precautions you can work towards starting up again. The same gets replicated across businesses large and small. Testing should continue at least weekly. If you must have a meeting face to face both parties test. You can see a way to get the economy going in a safe strategic way rather than "let's see what happens, fingers crossed".
Testing is the only way you can start the economy up again with some confidence outside of a vaccine which is a good year away. When antibody tests prove themselves down the line (nowhere near production ready yet) that'll help build the confidence further. All diagnostics are needed but the Gov need to move on this in a BIG way and FAST.
Tmrw will be interesting. If there's a morning dip it'll be hard not to throw a wod in as it's the last day market is open before the likely Tue financials/forward statement the latter potentially mega!
GLA.
CH
If only someone making and selling a 100% accurate test was ready to bring out a chemical free version soon.
Hmm...
This is more like it. Seems the SP is maturing quite a bit. I'd take strong and steady over unstable rocket stocks any day.
Not often you get chance to be in an Aim stock that is in immediate emergency demand across the entire globe and at the same time is "actually" selling their products in the £10's of millions each week. Usually it's always promises for tmrw on AIM (which experience tells me is often years away). This is here and now and growing day by day.
The smart money seems to be arriving here daily. I've managed to free up another £5k ready for any dips or news drops.
On a side note I personally believe we are heading for a 2nd market crash fairly soon so even though it's painful watching most of my target stock fly away i'm holding my nerve and staying out. Novacyt however is my main exception to the rule. IMHO with the current situation (which isn't going away for at least a year) this Co will remain in demand for a long while yet. Smart money will be moving to where the demand is whilst everything else falls. "Real" market recovery will depend on stocks like Novacyt. Not saying i'm super smart just my opinion. GLA
CH
https://youtu.be/IYZmMfXCyUI
I had a bunch of comments typed up and then I selected ALL and ctrl-V instead of ctrl-c ... DOH!
It's 1:30am noway I can type all that again.
spending on "vaccines, DIAGNOSTICS & treatments"
"started this sprint for the many months marathon ahead" (or words to that effect).
I think our company will be in very high demand.
I'm not saying you are a moron. I'm saying someone who posts crap like you do might be called a moron. So maybe some might think you're the moron of the day.
I see more morons are turning up so here's a bit of reality...
NOVACYT is in the Premier League. These others are NOT!
We are playing with pharma giants like Roche, Abbott (ABT), Thermo Fisher, GSK, Astrazeneca (all billion MCAP companies). We sell (ACTUAL APPROVED/ACCURATE TESTS) to over 100 countries.
We have 100% detection profile across 8,293 SARS-CoV-2 sequences.
We are one of 3 companies who's test is approved by the W.H.O
We are fully approved by U.K, France, USA, India, Saudi Arabia, Thailand, Indonesia + many others.
We are increasing production from 4m to 8m+
We have developed a new chemical free (d-PCR) test ready for next week
We now have 6 companies to manufacture our tests
We have £90 million of orders in just a few months
You should know the story by now ...
All these "other" guys are still playing football in college (i.e they haven't made it out the test lab yet). I'm not saying they won't enter the Premier League i'm saying they're absolutely not here yet. They are nowhere near competing with where Novacyt are right now. Until it happens any of you "other" company guys on here trying to sling your shyyit is laughable and idiotic.
Today will be a choppy day but the same can be said for many other top table companies. Don't panic! Trust the facts. Trust the research! You wouldn't listen to a scumbag in the street would you, so why do it here?
GLA.
CH