Member Info for E_AL

Happy with today’s RNS. Now we have a date for the results with a sufficient time to sort out the DHSC issue.

Wait for the free fall of avct sp today ....

I just saw this on Twitter (About 2020 Revenue) :

The Novacyt Insider @NovacytInsider
Replying to @JohnAnderson_10

Corrected now sorry John, that was a second half figure!
Should read £277 million

https://twitter.com/NovacytInsider/status/1384800236514775041

Oh really? Fundamentally Novacyt is money printing company & on the technical chart its heavily oversold.

The bounce is inevitable!

# Trades 55

Vol. Sold 12,598
Sold Value £46.73k

Vol. Bought 66,273
Bought Value £245.81k

Gazman123,

I quite agree, almost all companies on my watch list were in red today because of the drop in main indices.

Today’s sp drop was overdone due to FTSE and if you noticed all other Covid stocks (apart from AVCT(RNS)) dropped too.

Today’s overall trading volume was the highest since the drop. 3x times yesterday’s volume. If FTSE won’t drop further tomorrow then I’d expect to see a blue day here (fingers crossed)

GLA

" but the fact remains that we are not in the govt's good books. Burnt our bridges and we will not be favoured."

Its just a contract dispute & we haven't burned any bridges with the government !

We have been chosen as a supplier in two multi billion contracts just after the sp drop?! One directly via two of Novacyt's subsidiaries (Primer Design & Microgen Bioproducts)

https://bidstats.uk/tenders/2021/W15/748945953

and the other contract via :

1-Cambridge testing centre which Novacyt is one of its two testing kits manufacturers,.
2-Excalibur healthcare
3-Queen Mary's University

https://twitter.com/NewFormsResearc/status/1384343150437797889

"Who is to say we dont get a 3pm RNS saying we've just won a huge US contract, or a German contract... etc. Any catalyst and suddenly everyone is uber bullish again"

I keep thinking about this, why we (or any other UK testing kits manufacturer) never won chunky contract(s) in Europe since the beginning of the pandemic? I'd expect EU governments to run massive testing programs, similar to the UK?

# Trades 1,195

Vol. Sold 697,763
Sold Value £3m

Vol. Bought 521,186
Bought Value £2m

Highest BUY volume since the sp drop!

I see, thanks Wilson :)

What about joining tomorrow's interactive webinar and drop the message there??

https://twitter.com/NovacytGroup/status/1384217346412146701

Same here mate but I am holding, the shorter wont get a single share out of me.

Yesterday's selling volume was 338,791 / Buy 354,476

Today's selling volume (so far) is 408,152 / BUY 367,172 - we did yesterday's volume in the first 2 hours of trading today !

Up till 08:44 this morning (from my previous post) :

"Today's sold volume in the first 42 mins of trading 294,560 "

It's pretty obvious to me that they've triggered many stop losses first thing in the morning to load up on the cheap later. They've already covered all the shares which they've sold by 8:44 and currently they are trading sideways to bore you off your shares and make you sell.

The MCap is insanely undervalued and its heavily oversold on the tech chart so the sp must re-rate very soon, otherwise I see Novacyt and its subsidiaries as an easy target for a hostile takeover.

Yesterday's sold volume was 338,791

Today's sold volume in the first 42 MINS of trading 294,560 !! ALMOST THE SAME VOLUME

THIS IS NOT NORMAL - I t looks to me the final attempt from shorters to flush out all the weak hands to cover & to release the sp

The current Mcap is detached from reality.

The only difference is that we actually sell testing kits, ALOT OF TESTING KITS, unlike AVCT (not deramping), it has a massively inflated MCap even before selling anything. Quite sure it will end up in tears once they release their results.

Anyone contacted IR recently? It would be interesting to know why Genedrive & Ygen were happy to RNS the PHE news while Novacyt didn’t consider it price sensitive information

Being chosen as a supplier in two multi billion contracts? One directly via two of its subsidiaries (Primer Design & Microgen Bioproducts) and the other contract via Cambridge testing centre which Novacyt is one of its two testing kits manufacturers?

For the first time since the drop (10 days ago), the overall buy volume exceeds the sell volume:

# Trades 529

Vol. Sold 284,507
Sold Value £1m

Vol. Bought 295,907
Bought Value £1m

It looks like the share price has (almost) completed consolidation around 400p and formed a good support.

I am expecting it to start recovering from here

GLA

It looks like the tide is about to turn.

1-Wednesday:

Vol Sold: 772,776
Vol Bought: 457,942

2- Thursday:

Vol Sold: 694,448
Vol Bought: 518,862

3-Friday:

Vol Sold: 617,874
Vol Bought: 357,198

4-Today: (so far):

# Trades 309

Vol. Sold 169,904
Sold Value £677.58k

Vol. Bought 163,134
Bought Value £650.58k

Buy/Sell volumes almost the same unlink the past few days. I think the share price will start to creep back up this afternoon and tomorrow will be the first day of a meaningful share price recovery.

GLA

Finally they’ve filled the sell order. Let’s see if it will move back up from here

09:38:25
397.00
105,816
£420.09k

There is a good support at the £4 level, it tested it twice since last week's drop so that's a double bottom on the technical chart.