Member Info for gggg21

So IG shorts all positions closed now. Just checked with spreadex to and short positions been closed. Well done the collective on that effort.

Daily covid cases worldwide have been over 100,000 for 8 days running now. This is a first and they spiked up again yesterday. India Pakistan etc struggling again. You have to eventually open the world up again as is happening now as economies can not survive and there would be social distress, riots the lot. The testing is the key going forward to control it.

There was 220,000 test in the U.K. yesterday. Testing is on the increase. Focus on the current mcap not share price

I mean why would directors dilute their holdings a week after buying. It’s more likely a divi will be announced soon as agm details are to be sent out soon and this may well be a resolution to vote on

Wow the lengths and desperation. So the directors all buy above £3. Pay off all debts/loans and have cash pile with more to come. Yet you think they will place. Great logic. What brilliant business sense. Just brilliant. The only thing I could see is a massive premium placing at a way higher price for a desperate fund to get in. Didn’t graham the ceo even say he has turned investors away from knocking on his door. Never mind let’s follow you Barnet after you learnt about primary bid today and avct of course would place at a ridiculous high mcap when their revenue currently annually is what a few million?

Oh and other great idea sell everything you can yeh as honestly it’s really easy to buy volume honest, it was NT to try and buy at any point at all today - well it actually was a hell of lot. But no that’s right let’s panic sell then not watch as it won’t go up won’t even bounce

Lots of financial advisors on here now. So shall we all just sell then yeh tomorrow. I’ll sell all my shares as long as you promise not to buy any yeh if we all sell then we can get this really low brilliant. It’s not like a share ever goes up at all does it

Busy board today. Switched off and did my own thing. What about the massive gaps up to fill. The RSI now I’m way oversold territory but let’s not talk about any of that yeh

Added large chunk at 259.7 sold other shares to add here as it is far to cheap. Directors I am sure will be buying more again today

Time to get ready. I said if this falls to 170m mcap or 250 share price the kitchen sink gets thrown at this. Looks like a dirty open.

Every man and his dog knew the placing was coming there. How can you trust that company now? Hasn't looked after the interest of shareholders, has never delivered anything still. Novacyt on the other hand turned all of this nonsense away and is looking after shareholders and value. Mass revenue generating. Happy to hold and continue to add as quite simple I trust the board and they are happy to put their hand in their pockets above current prices.

Always say but when the noise starts. Only reason non holders troll here right or spend time (some all evening clicking refresh) on a share they have no holding in.

As i said yesterday if I was a VC or Private equity firm at current price I would be eyeing up this company, with sales, forecast, cash, R&D, distribution network. Qiagen went for 10x its revenue when thermo fisher bought them....let that sink in.....that would put Novacyt at £1bn plus mcap.

Facts are as of 1st June we had done 120m in revenue from just covid test. Now at 10m capacity a month so even at £5 a test you can say end of June we be at 170m revenue and so on. It is more than £5 a test anyway. So probably a lot closer to 200m. The over £250m end of July and so on. Margin over 50% so cash increasing. Current mcap is £190m...do not lose sight of this. So anyone saying a fall, have a think at how silly that mcap would be.

Add on to the top US, 3 new revenue streams with the mobile testing, the extraction and reagents....

Sentiment may not be high right now but that can turn in a day and fundamentals will shine through.

From RNS - don't let those mislead.
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.

So wit testing today at 171,000 in UK and Novacyt the chosen UK test for covid, you can expect an increase in this very shortly. May come with the new dPCR testing. Maybe double the revenue figures very quickly. DYOR

PS you are wrong just cba replying to a multiple ID account…..read the RNS....but I guess you want to mislead....

You really are a busy little multiple ID Paul aren't you. Anyone would think you have an agenda. Spending more time on a share board when "not holding" than when you "hold". Odd behaviour. Best to filter you now.

As I think someone else mentioned, you shouldn't rule out another RNS soon stating an increase to the PHE/NHS order.....Novacyt is the chosen UK test after all and testing numbers going up over 171,000 today.....

Yep we have been through this before, was director buys last week remember

Ghia better thread here with more info. Much prefer an honest company revenue generating with massive profit margins.