Member Info for Chrishar

Hi everyone I've been out for the afternoon and evening today and I wondered if anyone could fill me in. Has anything happened of note that could effect the share price tomorrow? I see the government have been speaking about the faulty randox tests, is there any suggestion that it'll affect us? Also I see a commitment to 500000 tests a day over the winter...

What's the feeling on here?

Exactly. The reason I'm risked so much here is just imagine something like that falls into our lap? That's almost our mcap in one contract and it's not impossible.

No doubt about the importance of the US market. One headline announcement today was about rising cases in Tokyo and pointed out that 4000 tests are likely to be carried out there today... then you've got the US that are carrying out around 700000 tests EVERY day!

I don't think it's the mm's either. We're simply range bound and will bob about here until news. If the news doesn't come in the next week or so or it's underwhelming it'll drop, if it's what we hope for we'll move up.

Until then don't expect fireworks.

No I am saying it's human nature to temper one's expectations. SS's post a few minutes ago estimating £1.50 for positive COPD results is testament to that seeing as he was regularly sharing with people on here the broker forecast of £1.20 PRE news.

My post was saying very much the opposite in fact. It was saying that we had spoken of valuations as high as £5 on excellent news all round previously (and not much has changed) but it seems a bit churlish right now to predict a 1400% increase!

Rich there's no need to jump on every comment. I merely correctly stated that the figures being banded around on here currently have been tempered slightly due to the humbling of the share price. Seeing as you've asked me a question I would argue that Acacia or no Acacia if this genuinely has a shot at reaching £3.60+ then we should be at double what we are now. I certainly think you're alone in thinking this has in the circumstances held up very well. Very well?! We've got two major read outs in less than two weeks with a first-in-kind around a month after that!

This share is itching for a scratching.

A month or so ago we were talking around £5 best case scenario but it feels a bit churlish to throw those numbers around now when we can't reach 50p with results so close...

Wth? It was you that posted that vaccine thread yesterday saying that UK doctors were 80% confident of vaccine in September!

It always looks random when he parades around the WH.

I've been thinking about novacyt a lot today and trying to work out what it is that makes me so confident I will make money from here and why it is I've invested so heavily.

Right now we're clearly stuck in this 240-280 range. We got a solid update Monday but I think the market was expecting £22.5m sales for June so it wasn't enough to push past the range. Will July's sales figures be enough? Or August? Maybe if the growth continues month on month and we start exceeding £30m a month, definitely £40m+ a month. Will the airport testing be enough to make a material difference, to shift through the gears? Again maybe, but it's too early to say on that front.

So why am I so sure that this will exceed £5 a share? Because all it takes is a clearly detailed vision of how the company plans to grow and what's next post covid. Taking a prediction of full year profits the projected P/E ratio right now is not even 2, and that's with zero debt! And the reason for this imo is because until future plans are laid out this will be viewed as a covid play, yet it's common sense to assume the company know how they want this windfall to be spent - what the future holds.

When this happens we might be at £3, £3.50, maybe £4. But I'm certain, even if it doesn't all work out long term, that in the meantime investors will pile in and us holders will have more than a few chances to cash out at £5+ or risk it and see it all the way through if we so desire...

It's an investment if you've put your money in and you have no plans to take it out for at least a few years...

The coronavirus will probably cause the death of the high street. It was already happening and this will expedite it. Those businesses already fully online have a massive leg up on the rest of the field.

Yes seadoc that's helped my understanding, thanks for replying. Is the whole point of a move to saliva testing for airports because you get results instantaneously? And the mobile element also brings down the turnaround time?

I am just trying to understand what the airport testing means in financial terms... obviously if we were the one sole provider of tests to these airlines then that's mega lucrative???

As I just posted on the ncyt board, the quote going around of 'Uk scientists 80% confident of vaccine in September' is from April, not now. That timeline has been pushed back for sure, with the earliest mentioned recently being late late 2020.

I'm getting a little confused by the different hypotheses banded about on here - saliva testing, mobile testing, airport testing. Can someone neatly break it down?

Oi Bebeto don't pit them against each other. They are bedfellows and very much work in harmony (fingers crossed!)

Thinking seriously hard about doubling up down here after initially jumping in at 225. It looks far more likely to see a sharp rise than a scary sharp drop. What's everyone's thinking?

Personally I am pleased that they might not be dumping all their shares. I don't believe it's a good sign on the eve of potentially share shattering news for them to be parting with every last one, whatever anyone else says on here...

IT'S UP 1.79% SINCE PREVIOUS CLOSE.

But it does align with a few posters on here who seemed to believe Acacia probably had a 40p sell order...