YummyBacon22 Sep 2020 16:41
I appreciate that for you to be a buyer you need more clarity and I don't blame you on that. I think quite a few people panic sold this morning and understandably so. There was little clarity at the time as it was just speculation, I held and accidentally bought a few more, lol, big fingers. As you refer to my post and me directly and tell me to get real, I will respond.
Having read through the RNS, seen today's article in ProAc.. and spoken to the company directly. I am reasonably confident this is not a huge deal to the company and we should not see it as one either. But this is just my view as is the V-shaped recovery, which was partly my attempt at humour.
There was a bit of fear this morning and the retail market priced in a worst-case situation and perhaps fairly given the previous delays etc. We now have had some time to digest the fact that GE might or might not be a supplier and the company. As this is speculation, it is difficult for the company to comment further but as the sell-off took 26% off yesterdays closing price. They responded well with the RNS and put out a reassuring article and also were available for direct communication should you chose to communicate.
The company are in direct contact with GE now and as soon as they receive more information they will update the market. They have stated that they don't believe there will be any material impact should GE decide not to go ahead or had any indication that they will not. But if they do decide not to go ahead then it is in the current price imo and so be it.
NCCL have a number of other suppliers who would be only too happy to step in and these are suppliers that the company have previously been in talks with so a plan B is in place and probably always was. As for the delays, then at worst there might be short delays as you say, but I would have thought they would be small and the market has priced them in now and we are NCCL shareholders.. so we are well used to that haha.
Anything positive and we will hopefully see a shift upwards. Especially with the level of positive news that we are expecting in the short term. Yesterday we were 4.40 and today you can buy them at 3.50 and there is a lot to come in the short term.
Anyway, I wish you luck with your future investments and look forward to chatting more should you either get your stated buy-in price or change your mind and take advantage of the current price situation.
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