Member Info for HarChris

That was meant to say 'it's 2022 and beyond that is most important to investors'. Ncyt have proved they can generate huge returns during the pandemic, we now need to see how they are going to keep driving forward post-pandemic.

2021 looks very good, I expect revenues to exceed 2020 but it's 2022 and beyond that investors are most important. When the future plans for the company are unveiled sometime in Q2 that should be the stimulus that gets the share price moving.

Tiger thinks he understands the stock market and trading patterns when in reality he doesn't whatsoever (as do very few of us). It's obvious that a few times he's expected a drop because of some event and the share price has gone on to drop (because of a myriad of market/technical factors, not because of said event) and that has reinforced his beliefs that he is a market trading guru.

Yeah and that's why you're invested here and not there, me too! If the market acts a certain way make it work for you, don't moan that it's not being rational! That's what we are doing by getting in here early...

But Jungla, if a company turns over 5 million one year, then 10 million, then 20 million, then 40 million, you can start to predict what the likely revenues will be in the future, right? How does that compare to a company that goes from £11.5m to £277m thanks to a pandemic which ncyt took full advantage of? It's light and day!

Again I agree with you and that's why I'm invested. The market isn't used to this sort of situation though and is waiting til the future becomes clearer before accurately valuing it.

B2HS2L, I agree with everything you just wrote. By ten months I was referring to when novacyt started making money. I was trying to make the point that it's too short a time to command a p/e in line with counterparts in the sector. Come Q2, when the future plans are laid out, we'll be in a completely different position than we are today (and the sp will respond accordingly).

I don't buy it Bramley, p/e ratios are useless at this stage. Growth companies see 20, 30 40 percent growth in revenue/profits a year, we aren't likely to see that (if we do the share price will go parabolic). We're also not a blue chip that commands a p/e of ~15. So what p/e should we have currently?

What sort of revenue ncyt will be making in 2023 is absolutely impossible to say right now. What we can say is this is a golden opportunity to take a micro cap stock and transform it into a midcap, no doubt about that. So what do we do? We invest now and we wait and when the company proves itself over an eighteen month, maybe two year period and the future becomes ever clearer, true value will be realised. And we'll be handsomely rewarded.

I think we are going to need patience until we get full and fair value.(Unless we get a mega deal announcement in the meant time).
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Exactly. There is still considerable uncertainty over where revenue is going to come from long term. Once that uncertainty diminishes and ncyt produce the goods (over a longer period than 10 months) the sp will gather momentum and reach the broker targets and beyond.

The only benefit would be to make this less of a T/O target but if a hostile takeover attempt is made at say £9 a share, it would be worth investors rejecting en masse and we'll see the share price get a boost from that alone...

Can you explain what benefit to the company moving to the Nasdaq would have? I thought this sort of move was useful for companies seeking extra investment, not companies drowning in cash? I suppose in years to come when the business is in a completely different position it might be useful but you don't relist simply to give the sp a little boost.

I'm 80% sure these posts are a private joke to yourself. If the truth falls in the other 20% I feel really sorry for you!

We might be selling tests to them in perpetuity
https://www.euronews.com/2021/01/06/coronavirus-why-are-czechs-among-europe-s-most-sceptical-when-it-comes-to-vaccines

I've always dismissed charting as hocus pocus but I am starting to see its worth. Having said that, perhaps Tony is an exception.

In all honesty I got lucky. I needed to reduce as I was overexposed and Tony's info led me to at least believe a retrace to 150 was possible. It just so happened that as soon as I finished selling the share price dropped significantly. Did I sit there happy with my new reduced position? Nope I started buying back immediately haha

Ftse100? Let the company make their first quid first!

You are not going to get them on Feb 24th - best we can hope for is a Q1 update end of next month showing £120m of rev for the quarter.

I sold half my holding over the past week (prior to today) as this share has always been battered when there's no news on the immediate horizon, and started buying them back this morning. I still firmly believe this could rise sharply, with 10% daily jumps as we move right into 'results/ news rich period' - one day mid March being 170p and a week later finding us at 300p.

The action can suddenly happen just as you resign yourself to it not happening.

Org rallying the bb today - good stuff chap!

You told us it was definitely going to 150p - don't lie. I lost a lot following you!!!!!

I worry Tigger's in a blackhole somewhere licking his wounds (paws) after going large on Online Blockchain at £1.05. Hope he's okay wherever he is :)