Member Info for Harts

Personally think at this point share by back is not the best use of our money. More tie ins to SD is a better use. Morocco they need to increase customer demand. I get why a share by back would be sensible at this price but it’s not like we have huge amounts of cash atm like RRE.

Really? If you need to ask that question you need to stop investing.

Monthly sales due soon, directors bought in at low 300s. 1st June is supposed to be capacity up to 10 million tests with a minimum EBIDTA of 50%. OEM agreements and new countries being added to the customer list and yet to be reported in an RNS. Would you like anymore reasons?

I work for AZ and at this price NCYT is a screaming buy :) Covid testing will be with us into 2021, just look at Brazil atm. This is the beauty of selling a gold standard test worldwide as there will be much greater demand than NCYT can produce atm. 10m tests a month, over 50% EBIDTA, tests ranging at £8-12 only a matter of time this is a money making machine.

Oncology pipeline really smashing the results! Pipeline is meeting analyst's expectations hence the recent hike in SP, obviously also because its seen as a safe haven during COVID as patients still need their medicines. I'm very proud to work for AZ atm :)

Top end guidance for the year is around 7000 boepd. Can anyone tell me how to work out what 1 boepd is worth, obviously this will fluctuate. I know 1 boe is equal to 6 mcf but we have large varying gas prices from SD to Morocco? Is it just more accurate to times our oil production by average oil price of $43 and SD production by price of $2.85 and Morocco production at $10.33 (figures from Q1 report)? Net cash for the quarter was $6.3 million so net profit of around $25 million for the year and we will have less capex going forward as reduced drilling. So I make a conservative estimate for projected earning from Q1 of having a P/E ratio of about 1.8 does anyone have any other estimates for 2020? With a market cap of £38m and 8.8m of cash seems as though this is still very cheap. Also as I said capex shouldn't be as high going forwards and increased production expected at SD with the tie in of 12x. Only downside is low oil price for NW Gemsa and is probably now uneconomical.

Looks like order filling to me from the TR1 sellers to buyers around 42.5-43p. Hence the trading sideways, good sign as when the sellers are finished the MMs will have to do something to get more shares for the buyer. Or the buyer will also be filled and this will return to being more fluid.

Nice buys rarely see big ones like that on sdx. Looking good for the next leg up.

Lots of chunky buys have been coming through at 42.5, maybe someone building a position but shows good stability around that price. Just need to churn through these sellers but gives us a great opportunity to buy at value.

So there are now 2 different sellers, interesting, hopefully they are just mobilising cash and not selling their whole holdings

The small rise today made me aware of this, looked at the fundamentals and looks positive to me with lots of upside. Bought first tranche at 44.5, may add more as I do some more research. Hopefully the seller is finished and there aren't lots of shares to keep the MM's fully stocked!

Bouncing around the low 300's. Churn of shares and MM's collecting off the sellers. Once done I expect us to retest previous highs and that will probably be when the company updates the market on sales up to 1st of June and we start to see the huge revenue increases for June. Anyone got any estimates for total sales up till 1st June? I'm expecting at least £140m.

Seller seems to be active with £50k and £100k chunks. Once clear this should move up.

I'm as confused as you are, see it as a gift and mr market will hopefully realign RRE in the not to distant future.

Think capex has been heavy for the past 2 years. We have now proved up more reserves in Morocco but we haven’t added any more customers so I think they should focus on increasing demand in Morocco and reduce future drilling now to build up cash. At SD they need to tie in 12x and scope out other lookalikes that they can tie in as the demand is already there. It sounds like they are now doing this and it’s great that 12x is 100% ours. Just hope they don’t plan another costly drilling campaign in Morocco.

How do you know it’s a buy it’s 3.92 euros with an after hours time stamp?

I think its just settling on 4 euros atm actually, just need a bit of patience and you will get your returns

Also the 12:57 £99k is a buy after looking at the trades around it at that time, to add balance looks like there were a few 30k sells around 13:25 but it does look like we have a big buyer back to steady the decline which is good.

3 £30K delayed buys popped up from 14:30 - 14:38 all buys. Checked the trades at those times and the bid and ask they are all definitely buys. Good sign of bottoming out above 300p. Fingers crossed soon top up time will be over and this will climb back.

France is at 3.555 euros I don’t have l2 unfortunately atm

Topped up at 326 just now. Fingers crossed. New test that’s quicker and uses less reagents will be a great addition. Demand for antigen and antibody tests will be here for the future but they need both as no evidence of immunity from covid once you have contracted it once! Hopefully seller has finished and this can start to rise again even with no PE ratio the 10 million a month in June makes this a decent buy, in my humble opinion of course......