Member Info for DRB83

1000+ trades already

A quarter of yesterday done in the first 35 minutes.

Apparently it closed at 1058 on the 28th but earlier in the day it went as low as 1011. Opened on the 29th at 984 creating an immediate gap, went as high as 1020 closing the gap before receding to 893 at close.

I would say that gap closed the same day it opened. The wicks of the candle count as well. In my book anyway. Yes. Dual listings may be more complicated but I never thought the 2 gaps that were created from our recent spike would close but they did.

I am just weary of them. Hopefully, we stick to this new uptrend that just keeps getting stronger with each passing day. It won't be a straight line as we know but as long as we work our way upto £6 during Jan then we are on track.

Byp, there are no gaps to fill above.

The faster she goes the more volatile she gets. She will do what she wants ultimately, just happy to be along for the ride.

494 translates to £4.16. It safe to say the 200ema got absolutely battered today. Looking forward to the retest of 450-460.

So it ended at the top then. Bodes well.

4000+ trades
2.4m shares traded
€11m value traded

That's some interest in our company. Anyone know the buy sell split?

I'd rather it go a little slower to be honest. Another 10% tomorrow and we'll be gapping up significantly on Aim come Wednesday. My experience of gaps is that the market likes to fill them during quiet periods. We all know ncyt likes quiet periods. A steady 3% tomorrow will do me then let's see if the UK can take it further Weds.

490 breached

Keep up the good work researchers. Keep your ears to the the ground outside Tata MD. Will hopefully be a lot of activity over the next few months.

Looks to be a French surge 484

Is France closed yet. Also, Aim doesn't open until Wednesday. Will we progress further on the EuroNext tomorrow. Tune in to find out.

It seems very early days in terms of Tata MD and the Kempegowda airport. The feedback looks excellent so I expect a company with the clout of Tata in a nation expecting to see the next covid wave come in February putting several large orders ncyt's way. Why wouldn't they? Extremely competitive on price also.

I expected exactly what has happened as it was logical and the 250 index is certainly more logical than AIM. The risk is as with lots of companies in the hospitality, travel, and tourism sectors, can they survive to see the end of the covid impact. Spoons sales are at a level last seen in 2004. Wow

FY20 loss (£45m) was the biggest ever recorded by Spoons until FY21 (£167m) which smashed that loss out of the park. HY22 looks to be heading the same way. Cash dropped £130m to £45m as at July. Current liabilities 3 times that of the current assets. A very harrowing liquidity ratio. Already heavily debted at almost £900m. Net assets of £300m Vs a mcap of £1000m. With 42000 staff to pay and no furlough I do seriously worry for such an upstanding British company. You'll know better than me of what the cash position is like now but with the Hospitality sector becoming increasingly risky, cheap debt or even any debt may just become off limits. Will they turn to the markets, if so, it will be at a great deal cheaper than 900p per share imo.

Spoons actually strikes me right now as the polar opposite to ncyt. Elevated SP with very little fundamentals to support it. Worrying how they will pay the next payroll or the next supplier payment run.

I do hope Spoons can navigate their way through covid but it's certainly not something I'd be prepared to gamble on. Just tread carefully imo

Currently at the days high of 474. Puts us right on £4. Volume is good. Order book looks healthy. Shares going into stickier hands? Consolidate on the way up is the best way to go. The SP has a lot going for it at this very moment.

In a couple of sessions the 50ema will cross above the 100ema. Another important marker for traders that suggests the trend has changed bullish. The last time the 50ema was above the 100ema was March21 just before the crippling DHSC news. Could it be significant? Let's see.

Agreed. Huge potential globally, but even here in the UK. All those PCR testing sites dotted around the country, collecting samples to send off to a central lab for processing with the expectation that a result will follow between 24-72 hours later. Why not just stick a couple of Q16's at each site and process the tests there and then. Answer back within say 90 minutes. Positive, you isolate. Negative, life goes on. Minimal disruption.

We haven't even begun to scratch the surface of the q machine market. Tata have caught on. Who's next?

470 puts us at £3.97. 200ema was at £3.77. The last time the SP smashed the 200ema it dropped back down below it in the same session. If we can hold this level above the 200ema then apparently that is a good sign for traders to jump on board which could push us 20% higher to above £4.50.

£4.50 just happens to be a strong resistance line which has been tested and failed twice in the last 4 months. Third time a charm?

Should it succeed the third time of asking then the top of the current channel is £6 in January. With sentiment turning, record testing levels, on board with Tata MD in one of the most populated countries in the world and on the run up to our highly anticipated results at end if Jan, I think £6 could be deemed conservative.

Woody, you got any open trades in ncyt at the moment? I know you thought it was dropping last week which I think the lowest it got was 4% down and then finished the week pretty much on par with where it started. Was the 4% drop enough for you to buy in?

Seems suspect that all locations are out of stock all at the same time. Been here before. An hour later they will all have stock again. I believe it is more a system error than a stock issue.