Member Info for fali41

If Qiagen demand more money and TF pull the plug they may look elsewhere...

Rumour is a JV with AZ for a massive slice of that £5bn

Mark my words

This has happend a few times before. Huge sells stacked at a certain price to drag the price to execute and then they get cancelled. This in turn encourages PI’s to sell and those sell are gobbled up. Someone is accumulating, just look at the 140k share buys yesterday.

I agree in the sense that it makes perfect sense for AZ to buyout now rather than later. It is a perfect opportunity for the biggest pharma in the UK to acquire the best diagnostics company. The future value would be much greater than any acqusition price. As they have such a close working relationship i wouldnt be surprised if they they have set some prior conditions for nova to meet.

With recent developments i personally think any potential investor(s) have been put on hold. If anyone is in the running to take us over then i think its most likely AZ. The company are diagnostics specialists who are a big step ahead of their competitors in this multi billion pound market. Why discuss a T/O now for c.£500m(ish) when you can 2-3 times that in 12 months if you can nail some major contracts on some new innovative products?

Thats right El gringo. Just the UK. I imagine many other european countries will follow suit including Germany our second biggest purchaser! Also dont believe it is a conincidence our new HT test and mobile testing are released at a similar timeframe to this new spend budget.

If in doubt read this from the previous contract.

Under the terms of the agreement, Novacyt will supply its COVID-19 test to the DHSC for an initial term of six months, starting from 4 May 2020. Novacyt has initially committed to supply 288,000 tests per week to the DHSC for use in the NHS, with the option to expand the agreement.

With the option to expand the agreement. We have the option. Now the government want to spend £5bn on lab based tests with high throughput. What are about to launch? We WILL land a massive contract pretty soon i am confident!

I would be mind blown if are not involved in this. This is huge news!

I can see them? Both buys imo. 140k shares at £370k. That order has needed filling all day.

Agree, its fairly obvious based on the past 10-15 trading sessions that we are climbing slowly. This steady trajectory is unsual on AIM but shows the strength behind this share. Massively undervalued and will find itself above £3 easily without news over the coming weeks but i expect we will hear something pretty soon.

Well it is unusal we havent had our usual monthly sales update land. I know this was’nt a given the company had committed to but i am sure everyone on here expected to here something as we have been regulary updated on the monthly sales. Maybe there is more to the update then just the sales and the company are finalising this? I would not be surpised to see an intraday update land anytime between now and COP tomorrow.

Its gone up on every Sales update, even the last one. It only started falling because the market placed too much emphasis on the dissapointing news from HAS as the market was too focussed on that being the home market. The wording on an update also has a significant effect on how the market reacts. If we are at order book of say roughly £170m and we get good updates regarding US OEM, Covid HT and Mobile testing i believe we could gap up quite significantly.

Probably some huge off book buys..

Gggg spot on. Having just finished reading the report (bloody long day at work). I picked up on 2 key things. 1. The company are not focussing on acquisitions YET. They have more important business to deal with and i think that is the right thing to do at this stage. If they can nail the collab with AZ for the new multiplex test then we are talking easy half a billion revenue from that depending on scale up and manufacture.

2. Chairman has given us a massive clue (always look at the wording in an Annual Report). Hinting at a divi now will attract funds. However, being on AIM and the manupulation we have seen to date i expect some have been loading already. Shares are in sticky hands now and will get even stickier with such a small free float. I expect these announcments to come soon along with a sharp rise in the SP. we could be nearer £6-£7 in September. All imo of course.

They have been on the radar since January believe me. They are a diagnostics company that are in the right place at the right time they know this industry better than anyone it is there bread and butter. When your this good at your primary business what major would not be interested?

£2.70 gone. Next stop £3. I always wanted us to get back above £3 before the monster updates to give us better leverage and looks like we could be seeing that.

Someone was loading between 230-250. My guess is that is now over and a lot of short positions have closed. Increased volume here this week on anticipation of results. Revenue for June is £50m my guess and i am expecting to hear production increase to 15m per month. Total revenue and orders at 170m the mcap will need to get a move on. £3.50 - £4.00 my guess by Friday.

At £2.70, hit it a few times and falls straight back. Similar in Paris where it is around €2.92. If we break through straight run to £3

Says Leicester could be locked down after a surge in cases. I think in the next few few weeks we will see more of this as restrictions ease and the aftermath of those demos and mass seaside gatherings sink in.