Member Info for DRB83

Covid is what is holding the sp back. Quicker we turn focus to non-covid revenue streams the quicker the SP grows. Dispute resolution or no dispute resolution. Won't be for a while though.

Note I state holding the sp back. Not the business. The business is thriving.

Too soon for me and at a too great a discount. I don't understand why Bill needed to entice them in with a 20% discount. He's managed to convince us that it's worth well north of here.

I was hopeful that Bill would look to place around Feb when we had firmed up more of Han**** and EH and then a 20% discount would have been well into the 1p's.

Oh well, Bill can see more than me and clearly is approaching this in a very risk averse way. It's safer to have the cash available now and to sit in the bank for a few months than to wait closer until you need it.

Looks like I'll get my below 0.9p buy in again. Fine by me. This is long term anyway.

Nothing significant has changed in the last couple of days. Ok so we believe revenue may be impacted by £3m but over the next several weeks we'll likely get the rest of our tests passed meanwhile lots of others possibly won't. All this does is remove the sham products from the market resulting in a reduced supply. Demand is not affected by this. Demand will still be increasing through the winter. So we are now in a market where demand is increasing and supply is reducing. Nice place to be. Some will choose to increase their prices as a result whilst others will reduce them to increase market share. The point is, ncyt are still in the game whilst others are forced to wait on the sidelines. Now is the time for the ncyt sales teams to absolutely smash their sales targets and lock in new customers. There's a good chance q machine sales will increase significantly in the UK over the next few months. I'm comfortable here.

Back in May Chill went to market and pleaded for a subscription of 10m shares @ 60p each. They must have presented a pretty convincing pitch which ultimately lead to an oversubscribed subscription. I would be really ****ed if I was one of those holders. Not once has the bod tried to stop the rot all the way down to 10p. That is pretty poor.

I think a lot of the initial sell off were investors being fed up of the corrupt market which appears to have more leaks than a sieve. It's not what you know it's who you know.

Just as likely £3.

Fingers in the air. Pick a round number. Haven't got a clue. I see this £4 at some point in November. I guess that's the end of that conversation.

Maybe the selling isn't all of the problem. Keeping the shelves stocked due to logistic constraints may also have impacted the number. It's not necessarily all about lack of demand for our products. Either way, disappointed with the news today.

They provided the April to June figures and the July to Sept so that's 2 figures, 1 for each quarter as promised. All be it a little late.

As for rollout. Didn't they say it was still on track. Given the logistics issues they wouldn't want to push the rollout just to end up disappointing new stores. They have told us that 12000 in about 6 months is doable.

Pleased at least that they have seen the error of their ways and focusing on investor relations. Disappointed with the $0.5m over 3 months. We don't know quite how much the logistics issue affected this number so there is hope that once that settles this number will increase significantly. I was hoping for at least $1.5m

Good to see that they will also review better ways to give us more detail. When business does finally get going we will see a long upward trajectory in SP.

Any signs that Covid testing is diminishing is a sign that ncyt will be pumping more resource into non-covid. We all know that the future value of ncyt is built on non-covid sales. Patience, hold imo

Can't help but agree. How can the bod be happy that it was over £1 a few months ago and now at 15p and have nothing to say. We have to 7 bag to get back there. It's doable but if they did have good news then why not release it. The only reason I can come up with is that they don't have good news.

What about the 60p placee's. They would have been made promises. What are they saying right now to the bod. Why haven't the bod stepped up to reassure at least those investors. Very strange. Crazy really because Chill appears to have A very good shot at making it super large.

Where are Viridian hiding? Pretty sure I heard him say that they are all about helping the business communicate with its shareholders. We need something soon.

The £40m you refer to is not in my £100m so when it does arrive that is another 57% of our current mcap banked. The dispute won't be settled 100% either way imo and anyhow we have most of the worse case covered off.

As for the sales team. We haven't heard anything different from the company since they told us we have a 32% cash conversion rate.

I would love to read your forecast for our CAB by end of year shell. Please provide commentary so we can at least have an educated debate.

Shell, if you can't address me by my name then why should I engage.

The market seems to have missrd a few things today.

Ncyt we're involved in a game of red light green light and due to the superiority of their PROmate tests were able to perform some NEO (matrix) like moves and ended up dodging the bullets. Can't say that for the other covid plays. Let's not forget that what is bad for our competition is good for us.

I like everyone am disappointed that we have not had an introduction from DA and that his first RNS is negative but we have to consider that this did not start under DA's watch. He is likely to be just as miffed as us. We haven't heard much from DA except for:

David Allmond, CEO-elect of Novacyt, commented:

"I am excited to be joining Novacyt at a pivotal phase in its development and I am looking forward to building upon Graham's outstanding work with the business over the past 13 years. Novacyt is poised for its next phase of growth and I am confident I can lead the Company effectively through this period, working closely with the excellent management team and Board to make a significant contribution to global health and deliver sustained and ongoing value to our shareholders."

The likelihood is that he his building his strategy as we speak and soon he will reveal his masterpiece. It may just take us to the promised land.

I believe we are in unprecedented times in the stock market. It is a direct result of the crypto craze. It has resulted in a huge gap between mcap and fundamentals of hundreds of companies. The crypto bubble will burst eventually based purely on the lack of intrinsic value. When it does sentiment will change Inna flurry back to the stock market. Now is the time to be buying ncyt imo.

£70m EV with £35m profit pa. Not many companies pay for themselves in less than 2 years.

The people that say there will be £100m in the bank back it up with workings and logic (I'm one). ShellDonald says they won't and backs it up with 'eerh dunno, jus becos'

Says we won't see £3.50 for 2 years. Clearly hasn't learned anything. One decent RNS and it hits the £4's within a week. I guess she's set in her ways.

Wow! Was anyone aware that this was an actual risk. I thought this deadline was next year to be honest.

Government has had more than 2 months to get this sorted.

By the looks of it, a lot of tests being sold Sunday arn't on the list so have the gov just tied one hand behind their backs in this battle against an invisible killer. Makes complete sense.

Reading between the lines it emphasizes how much reliance on PROmate we have at the moment. $1.5m sales per month of other tests in the UK alone.

We should think ourselves lucky at this point that PROmate made it through.

The joys of AIM.

Have you got any facts to share Donald or are we just going to be blessed with your opinions repeatedly?

Fair point CT

Or the previous chap left for personal reasons and therefore we had to bring interims in to ensure the stone doesn't gather moss. It's all speculation whichever way you look at it.