Member Info for dsmith57

Turning into a disaster here for LTH. But never mind we are now relying on the government to mastermind the release of our great new test. Nothing could possibly go wrong. Could it?

It must be a pretty fair bet that Cytiva will issue news about the LFT before this webinar and it surely must be good news. Why have the webinar if the news was to be bad. That would be unimaginable. Even if no advance news we should be able to read the runes from what is said. Good luck to all investors.

Just sit back and wait now. Doesn't matter what the price is today or tomorrow. This is now beyond any question a great outcome for us all. For those holding from early on this is now totally life-changing. I got in later but have quite a few shares. Great news for everyone and many thanks to all the wonderful posters here. You know who you are.

This board has become a total joke. Can we get back to sensible discussion about our investment please?

Let's not kid ourselves, if this test does not work for some reason we are in for a huge drop. Even with all the rest the price before covid was well under 20p. Got to say that it is a very nervous time here. Part of me says that there would be no big buyers if test not in the bag but the delay is testing to say the least

Great day today but we won't be getting all the profit here. No clarity as yet of the profit share. Everyone here is assuming that we get the lot. Not so.

Newton advised the public not to buy any commercial antibody tests at the moment stating that " Better tests will be available to the public soon" and " Wait until we have better tests which will be available in a similar form very soon though they are still under evaluation at the moment"
Hopeful.

New tests coming out of the woodwork daily and it is all out of our hands now. Bad psychology for today. Remember the best doesn't always win.

Quite simply if we had announced a distribution deal with Amazon the shareprice would be over £2 right now. Perception is all. Rightly or wrongly Boohoo and its owners have a certain image. Not quite some barrow boys down the market but approaching that. Short sighted in my view. These guys will have direct access to the Boohoo distribution machine. Replication of that system should be straightforward given that they are only operating with one item for sale. Believe me, that system is super efficient. I took a view this morning that we would drop because of the initial perception of “ Mate’s Rates” but I bought some more under £1.40. Whatever the smell this will be a super efficient distribution system set up by experts. Seen by some at the moment as Dr Smith’s first mis- step, this just might be a master stroke. One other thing, surely this all means that the manufacture and licensing of the device is now a given. That alone should mean a large price rise.

Can listen in to their AGM. See their website. 8pm tonight.

Utterly useless reporting on the Marr show. All the British press can do is be totally negative. "Doubts cast on antibody tests" from Chris Whitty says Marr. Not as positive as it could have been. But who buys or sells on the views of these incompetents.

Got to say that I am a little deflated after reading the board today. It seems that a number of respected LTHs are considering selling a part of their holdings next week. So holding long and strong appears to be out of favour with some. Given the performance of Aim shares recently selling on or before the news has been rather successful. Hard calls to be made here after the recent very strong rise. It will be a bitter pill to swallow if there is a drop after the announcement of great results.

Watched Trump's coronavirus task force press conference last night. A spokesman for the FDA was put up to speak about testing. He seemed to advise that a very large number of tests were now available And, almost unbelievably, that most of the companies making them had, in the interests of speed, been able to self certify their efficacy. The market will be flooded by a load of dodgy tests. I am concerned that we will arrive on the market a bit late and be lost in all of this. It's Trump's America after all. The lunatic is running the asylum and as we know the best doesn't always win. ( Betamax v VHS ) What do you think, Myles?

Yet again that idiot Han**** fails to acknowledge Novacyt’s involvement in, and contribution to the testing effort. Correct me if I am wrong anyone, but our name has NEVER been mentioned by any Government minister. Is this simply a coincidence? Of course it isn’t. As we all know our gold plated, 100% accurate test was available to the NHS at a very early stage but the arrogance of PHE was such that they decided to ignore us and to manufacture their own test from scratch, a test which we have only now, grudgingly been told was not accurate and caused many NHS workers to return to the front line and spread the disease. What an embarrassment it would be for Han**** et al if it became widely known that they had a foolproof test from the start but chose not to use it. So, every mention of Novacyt by them might just cause the press to dig a bit deeper and expose the dreadful truth. Better just to blank us and hope it all goes away.

Before I start I confirm that I am a holder here but there is a matter which is concerning me a bit. We are only part of a conglomerate if different companies involved in trying to find an antibody test. This conglomerate was put together by government. Does anyone know what the terms of the agreement between the parties is? For all we know this might be a " not for profit" set up put together by government for the national good. Even if it is not surely profiteering will be frowned upon and in any event the proceeds will surely have to be shared with the other members of the team. The position is at the very least opaque. Any views?

Rudcr Infinite Biologics COO on CNBC just now advising that their Antigen test will cost $65. Very interesting for our American pricing.

Ant chance of confirming which companies are tipped in the Sunday Times?

No one attacked our product, Lorenzo. We cast aspersions on the government and their testing capacity. They replied in a dishonest disgraceful way. In any event the relationship is damaged and that is not to our advantage.

I agree with you Aussie but we are a commercial organisation. We might be speaking the truth but it’s never a good idea, surely, to fall out with your customers unnecessarily.

Got to say that it was pretty naive of Achilleas Neophytou, our Marketing Manager, to be critical of the government in his comments. Never a good idea to publicly **** off one of your potentially biggest customers. It got the predictable response with an unnamed “Government Spokesman” making disgraceful comments about the possible unreliability of our test. Surely we all know that Governments will always defend their actions in any way possible, lies or otherwise. Anyway, where does this now leave the state of our relationship with HMG. Neophytou would have been much better advised to make reassuring comments about the reliability of our test and our willingness to help the country in any way we can. We are now left in potential loggerheads with a massive customer. I appreciate that there are many other potential customers in the world but this was not good in my view.