Member Info for crl123

I agree with Quickdraw.
The market is squeezing out the squeamish.
I am losing more than £20,000 on paper.
But I have been here before.
I hate it.
It hurts.
But I know that if the company has a decent plan-and what got us here in the first place?? -the have a sensible degree of faith. Contracts with 130 countries?? That’s a lot of revenue.
Do we really think they are just fumbling???
The market abuses the private investor!! Bigtime
Like now.
I doubt many are holding my level of pain.
But I know that the sharecprice could go down further.
Or eventually rise when they want.
Please be prepared for some weeks or months.
They really have their teeth firmly embedded.
But is this company making money?
Doesvit have prospects 2021/22 ( see Finncap). Does it have a future post covid?? It certainly says so and can invrst accordingly. Cash sitting is dead cash long term but is prudent in precarious times and is outrageously useful for acquisitions-especially into mutations or other infectious disease testing.
Manybpeople underestimete how covid has changed the world’s perception of viruses ( 2-3% mortslity or not).
The Plague took about 35% mortality.
Wecnow have medical technology .
Why underrate flexible PCR testing. Especially on mutstions and new viruses.
60% max effectiveness LFT is simply unacceptable.

This will be a traders’ share for some time.
Over 100m cash /no debt/big market not just in 2021. And not just in covid. Even if without DHSC contract when it comes down to it.
Few people will be losing more than me (on paper!)
This is a good time to accept whatever the price is manipulated to and only look now and then. They are making easy money -that’s all.

It’s a puppet share . Become a traders’ share.
Let it be.
It’s what they do.
Chill if you can see the reality and can either buy or just hold and leave.
( or sell if you are too uncomfortable but that’s all it is...discomfort. Nothing has changed).

It’s sad. People should restrain themselves and just say nothing or filter someone if they choose. It happens particularly when share prices cause stress as now.
Unnecessary and ruins the value of chatboards.
Also puts some people off posting validly.
Unnecessary and pointless and says more about the poster than the object of his/her attack.
Stick to talking about the company and investment/share price. And not people.

At the risk of repeat:- I expected a drop today. Could’ve been wrong but it’s what they do. Buy up even more cheaply to sell on the day or accumulate or fulfill favoured customers’ orders to keep their business. The more we know the more empowered we are to make our own appropriate decision.
So predictable it is almost ridiculous.
Not a conspi******....I hold their legalised manipulation and legalised profiteering in contempt but at least I recognize the truth.
2 weeks ago...US punter bs. shorters. Mini short term victory but shorters win as they know the system. But it is a reflection of the same here. It’s hard to make a buck forcus as institutions are built to control and work together to do this.
But it can help us to understand why the share price is frustratingly doing what it is doing and decide if we have the patience to let it play out or not. Can be a while.

Clearly the Chappies in Lombard St. and thexrest of the City trading offices have a mandate to suppress Ncyt’s share price and keep it rangebound and under their control. As such they can reap predictable rewards. Each day. It has nothing to do with valuation. Otherwise the spike to £8.55 last week on nothing would not have happened. IMO it is worth treating this time as dead zone. It is being played in a range and milked. That simple.
Selling or sitting it out knowing the truth about the company are the only options. I of course choose the latter as I know how they operate having been here so many times. Each to their own but I think it is hood to know how the profiteers oprate-as much as we can. It is a hidden world which they like to keep that way as it keeps them in control.
If we recognize the fact that the share price is divorced from reality it may help others also on a loss. The share price control can last quite some time as it is an easy buck for them each day.
If we are not too phased ( hard to do) byvthem pushing it even lower then that is good. I am not saying this lightly.
Large loss here but at least I have experienced this so bloody many times that I know what is real and what not.
Nothing to do with intrinsics or the company which are clearly sound.
To me it would be a good entry point ( too late sadly).

Some nice responses. And a few people who the post resonated with.
I agree fully that you need bottle...but I’ve been trading 35 years and sometimes that bottle can have a genie in it and sometimes you can cut your artery on it. This is certainly notcs gamble!! There should be decent research that doesn’t eliminate risk. Having once lost every penny ( (£450k) by being gung-ho ...I don’t intend to gamble.
The upside here is tremendous. The downside possible but with no debt and as one rightly said...maybe £180m in cash in the summer . I personally do not see the end of covid. I see accommodating ourselves to it having protected the vulnerable AND continuing to protect them each year!!! Coronaviruses mutate readily. I know of one person myself who had it twice and tested positive each time for C19. Care worker. Covid will not finish in the summer or even this year. It will dramatically reduce and would anyway in the summer without vaccine only to return in October. Like flu. SNG’s interferon b ( I am not invested) is a top notch treatment along with dexamethasone and remdesavir and 2 others given routinely by NHS( forgot names). My post is really about the fickleness of a market which will make thousands off Ncyt every day by day manipulation and keep the price low to facilitate that and to depress sentiment.
I can be boorish as I repeat...but I have seen it so damn many times.
I was in SNG at 46p on terrible senttiment last July. I doubled my money as I missed the TV news and was away from home. Others made 5 times. 6 maybe.
Sentiment was terrible and the share was played like a puppet...until the RNS.
Never count on a RNS but do count on fundamentals to keep investment safe(ish) . No debt is number 1. Cash is No.2. A flexible ongoing market No.3
No 3 is global testing which must continue and above all be reliable!!!
If Boris goes for a 55-65% success rate the shame on him on topnof the shame he already has. Yes..correct...I doubt too. It’s normal as has been said. Gambling? No
No risk nobreturn?? Absolutely.
Solid fundamentals mean this is no Afren or any others I’d care to name.
I was just as usual posting my experiences of the market and letting anyone who cares to read it see if it assists or not. To me chatboards are to share and assist although too often they have venom too as we know!! But that’s just like the world outside :-)
Ncyt? I’ll do a Rapunzel and hang on in there ( If it’s a solid and cash generative company not under threat ? Go to sleep and check in occasionally . Paraphrased quote from Warren B)

I am of course sometimes wrong. Maybe often. But I have said that we would still be in the hands of short term City traders fulfilling orders for quite some time. I was right. The cumulative after-hours trades speak volumes.
We are in a trading range which is being played and making them much easy money. Lack of news can deter the private investor when in fact it is the best time to enter.
These vacuums of info are healthy and normal ( see SNG March-July last year before multiplying 600% in one day).
But they are played on when sentiment is low. If it is a sound company with no leverage ( debt) and much cash being used to reinvest wisely and not irresponsibly then low periods are time to buy. (See WB’s famous quote). Testing may peak this year but is here to stay. Ncyt has shown its propensity for innovation as well as marketing so I can’t see it fading away. Markets like to depress sentiment whilst quietly accumulating sound companies’ shares or playing them daily for easy money as we see.
Ncyt can move 15% or more in a day. Just because Mm’s decide to please clients.
IMO now is just a time for waiting but recognizing it is not easy. Ncyt has no debt. No vultures. Share price can go up or down. Any share can. I am talking to myself here as well really. Games continue as it is easy profit and govt. contracts can fickle ...
I have no reason to doubt a company which multiplied revenue 20 fold in 2020 and has a global ongoing market.
£7.70 is silly. A 38% drop on what? Not a lot.
I have not read this board for a while but hope my patience encourages somebody else as usual. I do not like the way the market operates but I have no choice but to accept it. I have put in a “ buy” for the first time from “ hold”. Sitting on a very large loss . But I bet I am one of several.
DYOR always and never rely on a poster.
But if this encourages ... bonus! :-)

Hudr 31
China is a Capitalist dictatorship/oligarchy.
Like Russia I would not believe information they give out re.testing unless through WHO.

Trouble.
Love’em. HAD one last week. Love all Eastern food. Been to most places except China. My wife went to China2019.
Jap/Thai/Chin/Viet etc
Had appalling experiences with goods from China. Particularly electrical. All CO detectors from China were banned in 2019. I had some. Had two fly-fishing rods snap on me in 2020. Unheard of.
So...yes China = cheap and often unreliable.Especially exports. Their own stuff can be amazing. Check out EV’s. E.g. Nio. SUV 0-60 in 4 secs. Now it might break down :-) ( not really :- -great cars only for home market)
Re. testing kits:-
China = cheap and often dodgy technical exports
Boris = inept
Hoping they don’t mesh.
50% anecdotal success rate is very very poor. But this is the man who says schools are safe. I know better.

China = cheap
Cheap= dangerous.
AIM = run on sentiment as is market generally.
Govt= not noted for wise decisions.
NCYT = solid and robust financially. No debt. Cash generative( high revenue and ebidta) Forward looking even post-covid and many diseases and cancer.
Share price manipulated atm.
Intrinsic value remains intact.
Lft’s can be used as a weapon of mass distraction. If China is producing them then hospitals should know better.

Dr. Dev
Thanks for the post.
My friend works for the company in Bath who have patented remdesavir in the UK. He tells me the accuracy of the lft’s which he is acquanted with is around 65%. Poor.
I wonder what false test dear departed Tom had in hospital.
China has managed C19 control well. Its track record for reliability of exports-whatever they are-is atrocious. Lft’s or CO detectors ( my experience). Utterly useless.
I implicitly fail to trust Chinese exports.
C19 or not.
Testing will not abate for years IMO so we need reliability or it is damned useless to test.

Good supportive posts. No-one shooting anyone else down.
To the posters who are bemused about the depth of the drop...it is normal where the City sees an opportunity to crash a price and massage it for profit daily. It’s the norm. It was the same with AVCT in September and SNG all last year.
The market will continue to milk this one as there is too much interest in it.
It needs newsflow to break the cycle.
I agree that the RNS in itself did not give enough reason for £11.50 to £7.70.
Opportunism and a cheap entry for the favoured ones.
I can’t comment on pcr vs. Lft apart from my neighbour who works for the company which has patented remdesavir in the UK. He states the 65% test efficacy of lft’s.
As we are in the dark I cannot comment on interview or news. As a schoolteacher I am disgusted with Boris for saying schools are safe. Schools are statistically responsible for most transmission. Boris has no idea as usual. But he will be looking at PR and cost rather than the importance of efficacy. His obsession with the R number was ridiculed by the scientists -even those advising govt. Boris likes simples. And bluster. Ncyt have much competition and the buyer is a simpleton with the DHSC a big cumbersome slow machine .
I too am sticking with GM as he has done well so far. And he has the global market to play with. C19 will not die out. It will be here next winter and beyond. As will variants. Testing is IMO to become a part of life and travel-particularly international. Reliable testing ( weak govt. or not) is a must.
I expect the s/p to stay low or go lower without news or proactivity from NCYT so let us hope GM delivers. And maybe a little more regularly? But I am willing to be wrong.
What is right is that £7:70 is deeply undervalued and being scooped up as such. For short term profit certainly. Mid term maybe. Hard to know.
Shenanegans distort true value.
Still on a big loss but have learned my lesson bigtime about patience. Pain or not.

Last post was intended for KilkennyTed who posted in response to mine yesterday. Just read it. Apologies for starting new thread.

I’m confused too.
You have misunderstood my whole intentions and personalised what was meant to be a very subjective post. Your post is tinged wit aggression for some reason. And it is wrong!!
Read it again. I never give investment advice nor should anyone take it from a chatboard if it is given. I gave my own experiences. And fgs they were not bad decisions anyway. I did not lise money. And so what if I had anyway. That comes with the territory of investing. (Warren B lost a fortune in Tesco.)
I was expressing the concept of patience. And saying it was MY lesson. Learn from experiences in the stock market. Good or bad.
And encouraging patience in others and selling if that suits them better. Read my other posts.
You have totally distorted my message and it seems you have not appreciated the incredible truth about learning from experiences.
I was trying to help others who might be frustrated by explaining how the market can be and sharing some recent experiences. 15 people seem to have realized this. You have twisted it..only you know why.
If a person bases their investment decisions on an anonymous poster then they should not be investing.
Chat-boards can give info and support if they are reasonable.
Or they can be used to shoot people down.
Which has the effect of making discourse uneasy and many people gun-shy.
Ponder on this if you have the humility to do so. Or read the post again properly and take it as it was meant.

In the face of MMM’s . Manipulating Market Makers. Supreme patience. They will raise then drop the price to get you to sell thinking it is going down. Then raise. They will crash and hold. Allow buying then crash again . Two of scores of tricks I have picked up over the last few years in particular.
In the last 8 months ( !) I held SNG at 46p ,
Avacta at £1:01p , Orph at 22p, DDDD at £1:09, Man Group at ££1:11p. , Plus 500 at £7(!) . Glencore at £1:50. Stobart 18p
If I had not been fearful and held then I would be very wealthy. All of the above.
Not dodgy companies. I just took profit or breakeven far too early through fear of loss.
All were “ traders’ shares” at the time.
A lesson for me. Maybe only me.
I sell too early. Buy too early.
It’s hatd. Fear of loss. Seduced into early buying on a drop as here.
Lesson for me :- wait. Then wait longer.
No threats of bankruptcy in the above.
But I didn’t wait.
Only 8 months . All those shares. I would genuinely be wealthy with patience in good companies with fine strategies.
Now NCYT.
Games. Games. Clever games.Stealthy games.
Wait. Wait again. Wait longer.
My lesson.
It might encourage someone.

Harv 54
Good 4u !!!

Darn it.
Read 782.5 from 776.5
Sorry

Ad54 thank you. I know I am right but I must not bully with my truths. I have been trading so damn long. Manipulation is now the norm. Yes...on all market indices.
The Nasdaq seems a little cleaner than most. The UK has an appalling track record. The govt. are not interested at all at all at all. I know this from my involvement with political bodies(/FCA/PRA. Ombudsman is excellent but irrelevant to us. The former are pathetic) and my MP who is a good man.
N.B the price was held tightly and low today to allow chum-buying. It rose to 182.5 ten seconds before the bell from 176.5 to allow some short term chum and algoed trades to sell at moderate profit. It is all so very very tightly monitored and controlled and has nothing to do with Novacyt. The only thing that catches Citytraders and shorters out is unexpected news. And if the cheapo boys have accumulated then they can buy a new Lambo. It is a day’s work to them. Very much like the unsecured packaged serial loans that were sold on and precipitated the 2008 crash. They were just a catalyst really. It was waiting to happen.
Not here though. Citytraders have it all made. The most we can do is learn their games and prepare for their unpredictable implementation and fortunately their predictable games too. I expected the blip at 4:29 and 50 secs.
I agree. Accumulate shares yourself and fgs don’t give them away ! Not my business of course. Do what you want. I just hate seeing corruption win. I agree a US market is better ( see DDDD and Nasdaq Q1) . I agree all uk indices are manipulating territory. I am still on a very big 5 figure loss and don’t expect any timings here. The traders play until they’ve made enough. Don’t look for company logic here. We have to let this play out or sell. I hate what they are allowed to do. I know they read these boards. They tell me. But I accept we can piggy back if we can profit. Sit it out if we have faith. Or sell if we want to crystallize loss or profit. Good to know the truth though so that we can each make our own decision according to temperament and personal circumstance or risk-reward tolerance.
Wish the best to all decent holders in a market pitted against them!!

Typo:- Traders’ share