Member Info for gggg21

And keep climbing all day for the Americans to wake up and publicise/authorise the eua fda approval and for them to market it as a publicity/calming excerise. Orders at the ready. Look forward for seeing level 2

Done some more research on co diagnostics and I do not believe they will get fda approval before us! Nor have even the expertise or background to support American testing let alone European. I can not believe it. They have around 20 employees...a load of debt (that they have used for r&d) haven’t put the product into production properly yet, their revenue last year was around 100k yes you read that right and they are valued at wait for it....$221m! That’s twice the price of us at £70m which have nearer 100 staff across novacyt group, over 12m turnover last year!!! There is a massive price disconnect here.

Let that all sink in. I know what I would be piling into. And I know what I would be buying if I was a pharma major straight away

I don’t get this argument of it spiking or being some great con. Novacyt is not a one trick pony. It did over £12m revenue last year (the new accounts which won’t include all of this year) will probably be closer to £15m before you start considering all the additional revenue it has created form these Coronavirus tests. The mcap is only 70m currently.

Proved to be the fastest to react time and time again profile risen. Relax! 59 distributors with only only one Coronavirus test kit option! The only available CE ivd kit available for over two weeks. All the public sector requests they will have had. Remember what graham Mullins said if this goes pandemic which it basically is.....Sales figures to collect from 59 distributors across the globe different time zones. Put them all together. Whilst you’re being absolutely inundated trying to keep up with demand and all the paperwork. I mean Asos and boohoo don’t give weekly let alone monthly updates on sales do they.

If we get the fda approval it will probably be in an rns around 2pm so don't expect an rns in morning

Well i like this and recently added (as you know I went through all the sites/distributors the other day)
https://www.usbio.net/

Click the banner corona and guess what ALL of the test kits are from.....Genesig aka Primerdesign :)

Just like Attogene another US distributor - only got primerdesign for corona.

Then check how many distributors they....have - https://www.usbio.net/distributors
9 in china
4 in north america

Oh no really iceman888 time to filter you to with your rubbish deluded

100quidpunter - come on what loss did you make selling up today?

Hulla the only reason why I thought Pfizer was because the global lead for new products at Pfizer liked a comment and our kits. I know silly but he is based down the road from them too. Have also seen scientists at PHE liking the primer design to.

Just another quick one saw this on website of ours, I believe it was added and think it is pretty obvious it is the coronoa virus kit they are talking about.

“We tested the Primerdesign kit with both nasal and throat sample and both worked right away. In comparison with the National “gold standard” kit based on the Centre for Disease Control (CDC) primers the Primerdesign kit has significantly outperformed the kit."
Dr J.G. Kustentral Laboratoers, Cry for Bacteriology, The Netherlands

We are in a fantastic company here, this corona virus is not going away I have sold all stocks bar this one and my fave oiler that is just far too cheap and in at such a low.

I have done some further background reading on novacyt. Below are some little highlights
They are growing year on year - did £12m revenue last year (Will be so much higher this year and the next and next as viruses can more common)
Margins are getting better year on year
Cash in bank
Money before orders
Internationally recognised - Used worldwide by all majors
59 Distributors (was only 6 before the breakout would you believe)
And from their results (you can be sure the tests are being used globally)
Primerdesign completed a substantial q16 molecular instrument order, expanding the Group’s clinical diagnostic reach in the fast-growing Chinese market • New molecular CE Mark genesig® BKV Kit and genesig® EBV Kit assays were developed expanding the Group’s clinical diagnostic menu • Exclusive supply agreement signed by Primerdesign with US-based full-service diagnostic laboratory Genesis Diagnostics worth a minimum $3.0m over five years • Recently completed the rapid development of an African Swine Flu assay to help address the current swine flu food supply-chain limitations in China, Vietnam and certain European countries

My hunch imo - JV and I have a name in mind. There is no stopping this virus at the moment so surely it would make all the business sense in the world if you were say a Pfizer and already had a working relationship to approach the first CE and most reliable test provider (who is a minnow in terms of pharmas) and say hey why don't we help you, we will push/manufacture and take X. This would be far cheaper and quicker to get ahead of your rivals than the opportunity cost of doing nothing and loads of R&D.

Remember we are only 70m mcap currently it is not like we are multiple 100m

Well yes and no. It was on French tv but it showed the company novacyt and adam using it at their own lab.....wasn't being used in france actually.

MassiveRay - You know as well as I do that is what people do to disrupt the board!

FIND is part of collaboration with WHO. We were first and upto yesterday only CE IVD on list so yes we are being used
https://www.finddx.org/COVID-19/

French TV too :)

BATM - haven't got any approvals yet, only just started production (get it to a price point) obviously very expensive whilst genesig is cheapest and look at that mcap compared to here......202m compared to 68m. You have ramped well there nelson

And I am giving the board my backing as they have delivered on everything they promised so far, they said they would get CE approval....they did. They said they would get product to market and did, they said they would get nhs clients and have. Everything done on time so far. 1 week since interview so fda news now due today/tomorrow

You are right but not about the 10p what the company has done outside of all of this virus is boost its bank balance, its credibility and stature - they have been first with the 1st 3 viruses and lets be honest the way china behave and the world goes no doubt we will have a new virus next year and ncyt will be the first and go to.

I much rather the board giving a full rns rather than a "holding gap" rns. as the market may not like that and dip (great as I can get more) but what is the point in releasing news for the sake of it. We want FDA or NHS with as angry ant said (sales update on the back of it) or even say the Italian Government rolling out.

Do you understand the approval process? Codx has only just released....we have been working on it for over two weeks

Nice write up and mention of novacyt this morning

https://www.telegraph.co.uk/investing/shares/stocks-could-soar-coronavirus-pandemic/

You’ll be fine. Just relax and try to ignore the share movements. Trade if you want but always keep a core holding as you could get caught out not every day is it going to follow the same pattern and all it takes is news or one massive buy to shift this.

We know the product is being used by the nhs we have the Hampshire chap posting about it. We also know our kits are being used worldwide pushed by 59 distributors and more than half have us on our home page and note the fastest most reliable test and first CE IVD. Once we get an rns be it about nhs, fda,cfda or jv this will absolutely rocket. They are silent for a reason. Acted fastest not only with this but sars and swine flu so no doubt are the go to providers (carslberg) so if you want a quicker:instant test or as the medical secretary mentioned you can damn well be sure these guys will be the ones on to it.

2 dead sadly in france, you will imagine ncyt will be getting some more exposure over there now as it seems like the virus is spreading and hitting the news there.