Member Info for Ghia

Staying out of the politics here only history will show how the governments handling of the crisis stacks up to other countries.

One thing is apparent though with the volume of testing going on globally Novacyt despite their seemingly technical edge don't appear to have the lions share of the market.

On a daily basis I've read about numerous companies with tests and numerous government initiatives on testing the market place is getting crowded.

Worryingly in America there is an approved testing lab open sourcing all of their IP.

New tests are being produced to target more readily available reagents due to supply shortages.

I'm not sure where this is heading now.

Good luck all and most importantly stay safe

Roll on the new tax year my CGT bill is large enough this year already.

On a more serious note I really hope this works it will be a lifeline to those adversely affected by the virus.

I'm sure news will leak throughout the trial good or bad, enjoy the ride and stay safe.

Wish the naked trader and other tipsters had never got involved. This company is solid with the majority of it's shares tied up by directors and large institutions. The free float stock in PI hands is very small and this share moves a lot on low volume. All the naked trader has done is made a few PI's blindly purchase small stakes in the company massively inflating the price which has subsequently collapsed due to a few banking profits. Look forward to business as usual once this share falls off the radar again.

Would be nice to see the Nav catch up a bit with expectation. This is an expensive stock at the moment circa 13% premium. Currently driven by the Woodford bubble hopefully he will deliver, my money is on he will. Slowly accumulating on the dips I hope it pays off in years to come. Unfortunately most of the cash is tied up in major blue chip company's collecting dividends at the moment due to the volume of cash he has to invest so i'm not expecting miracles from the first year of trading.

Good info Spikeyj. Sorry if my posts come across negative not intentional. I guess I would prefer the share price to follow the NAV a little closer I am comfortable with a 5-7% premium.

This share price has already exceeded the aims of the fund circa 10% growth year on year. Stifel are just reiterating what many people have also felt the NAV at the moment is a little pricey. I am not going to sell because I have a long term outlook but equally I am not rushing to buy more I am building a stake slowly as I expect the premium to reduce closer to 5%. Plenty of time to get in here most of the fund is still in cash.

According to morningstar WPCT "A management fee of between 0.0125% and 0.06% of gross assets payable monthly in arrears. The portfolio manager is entitled to receive a performance fee equal to 15% of any excess returns over a cumulative 10% p.a. hurdle rate, subject to a high watermark. The majority of any performance fee will be payable in ordinary shares." MINI "Management fee is payable monthly in arrears calculated at the rate of 1% p.a. of the market capitalisation. In addition to the basic management fee, the investment manager is entitled to receive a fee calculated at the rate of 1% p.a. of the net asset value of the redemption pool." I will try and crunch some numbers on them later see if there is an obvious benefit to either, but I think both are good bets long term.

Spikeyj I agree with a lot of what you say. My rushed posts earlier where not meant to be negative WPCT. As stated I am building a stake here just I will be doing so in a drip fashion to take advantage of pound cost averaging rather than large blocks. WPCT is currently trading at 13.78% premium to MINIS 7% hence why I am happy to block buy there. Both shares are really long holds and will take time to see the true returns on our money which I do think will be large.

Oh shut up with that rubbish Grippa lets keep this board free from accusations of de-ramping this is not a mining or oil penny share board. I expressed an opinion on this share. I am investing here because the investing approach is proven to make money. The future of high returns is small to micro cap companies. If you could be bothered to do some research you would realise that Gervais Williams is actually the king of investing in Micro Cap stocks and not Neil Woodford. Neil is actually stepping out of his comfort zone on this one a little bit but is none the less an exceptionally good fund manager. Coupled with the fact that so much money has been ploughed into this one so he might find it difficult to find enough opportunities to spend it all. The MINI reference was to put it on peoples radar because they are very similar stocks in fact I know they are investing in a lot of the same companies as we speak, having spoken to both fund managers in person.

Very strong start here for this share but I would advise people to drip feed their money rather than buy in a big lump. I have a regular monthly drip into this as I believe the price will retrace a bit short term whilst the majority of the cash remains un-invested and the initial buzz dies off. If you like this share MINI is another similar share run by the excellent Gervais Williams it didnt have the same fanfare at launch as WPCT but will be investing in similar types of companies so should have the same exposure as WPCT and I am expecting similar if not better returns.

http://www.mira.co.uk/news-and-events/2014-(1)/december/mira-launches-europe%E2%80%99s-first-independent-dynamic-s nice to see the companies flag ship product regarded so highly by industry experts.

Good day rob229 I have done some fairly extensive research into the sector and hopefully can pass on some useful info to fellow investors. You mentioned competitors, in the robot market abd seem to be the dominant force however notable competitors are vehico (German based) and stahle. ABD has a technical edge and a user base that makes them the preferred choice. In the SPMM market MTS is the main competitor K&C machines is only a small arm of their business. As for future potential of the company automotive r&d spend is at an all time high, new product division of ADAS targets is in it's infancy with ABD leading the way with its soft crash targets major growth potential. Currently I feel the share price is at the right level but has the potential to grow if new product lines take off.

No Charles Stanley and the IPO price was 86.3p feel the share price has got a bit ahead of itself and imagine it will settle at about a 100p

My broker also contacted me pre float, I found the business area interesting so sunk a few pennies in here. I think its a fairly safe bet short term 1-2 years but will have to see how they manage to innovate long term. As you say small company but they seem to have an excellent reputation amongst the big car companies.

Morning morning. Anyone else own any if these beauties yet?