PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Steve Brine is a British Conservative Party politician who has served as the Member of Parliament for Winchester AND Chandlers Ford since 2010.
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I have previously written to Steve Brine MP, asking him to promote or push forward Novacyt as they are in his Chandlers Ford Constituency, but never had as much as an acknowledgement from him
On BBC now:
https://www.bbc.co.uk/news/uk-england-coventry-warwickshire-58357327
New Covid test rules out: New LFTs preferred criteria to be biodegradable, this may be an industry wide requirement?
Perhaps somebody from SYM should chat to NOVACYT (NCYT), another small AIM company, but are growing due to their "Gold standard" COVID test kits, making £100m profit per year.
Could be a great partnership for SYM/NCYT ???
What is the worth of this Corporation Taxable Benefit? Any ideas?
Quote from the Presentationj:
It is worth noting that we have a considerable upside in Corporation Tax if we can avail of Patent Box relief which would be applicable as when patents are granted.
This is a UK scheme that allows a reduced rate of Corporation Tax on those profits covered by Novel Patents.
The credit can be backdated on the profits earned from the time the patent was applied for,
Thx Kaeren / Wilson
Does that mean if WQ placed a BUY "Limit" order (e.g. 4.28, so as to reduce their Short position but wanted to control the price to be paid, this could keep the SP in a trading range (4.22 - 4.32) until order fulfilled? and then the MM would let it float naturally?
Don't forget this bit of business earlier this year:
UNICEF has purchased and shipped 1.2 million COVID-19 PCR tests to Ukraine to support the Government’s efforts to address the pandemic in the country. The assistance became available due to the financial support from the World Bank in cooperation with the Ministry of Health of Ukraine.
The COVID-19 genesig Real-Time PCR tests are produced by Primerdesign Ltd in the United Kingdom. In accordance with the Ministry’s plan, the tests will be transferred to Ukrvaktsyna for further distribution across Ukraine.
The assistance, worth US$13.5 million in supplies and services, will provide state health care institutions with access to 1.2 million COVID-19 PRC tests free of charge. The World Bank’s overall support to COVID-19 testing, including rapid antigen tests, amounts to US$ 15.5 million so far.
https://reliefweb.int/report/ukraine/world-bank-and-unicef-deliver-12-million-covid-19-pcr-tests-ukraine-enuk
World Bank could be a very important Customer to us as Autumn/Winter draws near.
Shares in diagnostics business Novacyt jump as it records sales rise
https://www.standard.co.uk/business/nyct-shares-diagnostics-novacyt-records-higher-sales-b951218.html
Do you think the Market Makers (Not sure how many make a Market in NCYT? - used to be at least 3) will listen/join in to todays call/meeting? or will they just react to their order book or any brokers info that comes out?
or of course read the BB's
GLALTH
yep, its going to be a bit weir tomorrow just hearing the company communicate with the mass'es.
although there are many things that NCYT dont think are worthy of a RNS, so perhaps these can be discussed
e.g. - didn't we start the year with a contract with Ukraine and then UNICEF - £13m value comes to mind ??
anyway GLH and thx Porky for pulling it all together in an organised way
Do you think the Market Makers (Not sure how many make a Market in NCYT? - used to be at least 3) will listen/join in to tomorrows call/meeting? or will they just react to their order book or any brokers info that comes out?
or of course read BB's
Wait till you see the figures in September / October!!!
Premiership Football season kicks off this w/end, with near capacity crowds twice a week.
Schools back in September, Universities back in October.
Firms: trains/buses/tubes now beginning to get packed, especially with a reduced service.
Travellers numbers starting to rise significantly (In & Out of country)
NO Masks
Anything to do with NCYT?
https://www.theyworkforyou.com/wrans/?id=2021-07-19.35656.h&s=speaker%3A25408#g35656.r0
see: Jo Churchill comments
The Department is unable to release this information as it is currently being used for the formulation of government policy on lateral flow testing. We procured 294m Lateral Flow Device (LFD) tests in May and are constantly reviewing demand to ensure we have enough stock to satisfy demand. We have recently received approval from the Medicines and Healthcare products Regulatory Agency (MHRA) to use a United Kingdom made LFD, a real milestone on the progressive journey of the UK diagnostics and life sciences industry.
I'm hoping that if the company doesn't think its important enough to RNS then its ok to discuss at this meeting.
Perhaps we wont get a detailed breakdown of figures but at least we can ask why?
If nothing else at least this is a PLUS point in the communications area
Hopefully well get a flavour of what the New CEO wants/hopes to deliver, and perhaps of how other Markets are expanding USA/Asia/Middle East / Fi tt oFly /Travel/Schools/Universities Versalab etc
following recent weeks speculation that we would get a 1/2 year Trading update some time 2nd week of July (using last years 13th July date as a yardstick), the previous year the update was issued 30th July, so perhaps next week???