Member Info for Chard1980

S##tshow

S

Cash in the bank, no debt and turned a profit (albeit small) during a transitional period away from its main pipeline, then add in the current financial market conditions. I decided months ago to hold and sit it out (held since Mar 21 so yes in the red) at least until the DHSC issue has been resolved, only then will the true market opinion be seen.

What exit? Been here a while and wish I'd sold out at 17p last week.

Maybe why we haven't spent any of the cash, DA knew we'd be paying it back?

They have to lay out their long-term plan if they want to attract future investors, why else have an investor presentation? I live in hope, like I have been for a long time now. (Fingers crossed emoji).

Depressing AF.

Maybe Friday 8th at 1230 it'll get announced, 1 year from the disastrous day!!!

Despite all the surmising and even although I'm still 40% down after averaging down this is the most comfortable I've felt in a good few months, Bio and CFO buying are positive, Patience, as always is key!! Wait and watch and see what unfolds. GLA.

John, in a similar position (-60%). I am tempted to average down a little more then try and forget about them for a while, maybe one day can check back and be within +-10-20%. We really need to understand the non-covid strategy and know what they plan to spend the significant war chest on!!!!! Not selling.

FML. This is a harsh lesson in the AIM. Role on results and let's pray they are good with a promising forward outlook, we need that.

£4.30 average, get within 10% and I'm gone.

Chamer, I was in the same position and sold 2 months ago. Watching closely and tempted to buy back in but other plays seem more inviting.

K and M I have no comeback and agree with both of you unfortunately.

And whilst I'm on my soap box, where are the contracts? Testing is at an all time high for demand yet we have released no RNS on new contracts. We have heard nothing from our new CEO, we are still in dispute with DHSC yet we still managed a mediocre £4m top up with them. No sign of home PCR which would be an absolute game changer right now. I bought on the hype but also ran my own DD before buying in at £7+. I've averaged down and currently 25% underwater. If offered break even I'd be gone. One thing I've learnt, AIM is not for me.

Used them returning from Bahrain last week, my 2 test test to release ended up being 5 days because they were slow on delivering test and slow on results. Would not recommend.

Going to add some more tomorrow, thought I was doing well with a sub #13 average but only going to get better, Will continue to add when I can.
SN would be a steal takeover for someone at this price!! IMO DYOR.

Will lower my exposure at £5 and keep some for the journey.

Read the boards daily, here and over on ADVFN (although too much b#tc#ing over there). I am as frustrated as most here, I have accumulated a bigger position with NCYT than any of my other equities, I've bought as high as £8 and have been averaging down since. Not bought any for a few weeks but if this reaches £2 I may have to buy more. I still look at the fundimentals and see a great company. However the communication is the worst thing, when they do release a RNS it is poorly written and the SP tanks further, even their tweets are bad and not great for confidence. I've tried contacting IR and had no reply, not even an acknowledgement. It doesn't feel right, and at times I think I'd happily take a bid at £4 and walk away at a loss and never talk about NCYT again. Investor relations have been poorly managed with no interest or care shown towards its share Holders. Very very frustrated.

I'd like to hear DA come out with his personal Mid -Long term aim for this company.

Aftershock from the PTEC news.