I invested in this stock over 2 months ago, there has been a few time, people are short selling this stock, what happen was there are deramper all over the LSE broad when they were short selling, then when them done, they will be gone, yes just gone, never see them again, and the LSE broad become normal again.
But this time there are just too many deramper here, and for too long,
TBH, I think there is something going on in the background, I am thinking take over or something big.
If you agree with me, please share your view on how they are doing it.
Please ONLY reply, if you agree with me, and ignore this post if you don't, I do not want and need to waste my time reading your post if you don't agree.
NCYT have already told us they are producing at full capacity & now have others assisting to scale things up even further.
Are you seriously saying that because other bigger companies are producing too that we won’t be able to sell all we can produce? ......anywhere in the world?
I think you are hugely underestimating the global demand for testing & suggest that you do a little research into this before you embarrass yourself again!
I will repeat the mcap is tiny for a world wide pandemic. They can sell to Europe, Indonesia, Philippines and have distributers for another 60 countries. Try adding up the potential market there. Manufacturing capacity is rapidly growing, multibillion US OEM now on board, and sales growing exponentially along sadly with the virus. If people can't see this will be 400-500m mcap in the coming weeks then more fool them.
''As part of Novacyt's ongoing evaluation of additional capacity options, the
Company is also in discussions with further potential UK-based
manufacturing partners. ''
Meaning not just 8m test a month. Still ramping.....
I think the price will be at least doubled tomorrow.
Then £10 soon.
IMO, GLA
btw £15x18mx80%= £216m was from the RNS issued last month,
Now we have the big boys behind us AZN and GSK I’m really interested to keep an eye on any manufacturing updates.
So many potential sales for the taking manufacturing will be the bottle neck wonderful problem to have.
''I will try and find it,only thing I have read is 17 million orders as of March,80% profit = £13million;,''
First I remember it was 18 million, not 17m, also each test cost £8.xx to around £20 each, let say average £15 per test, it will be £15x18mx80%= 216m?
IMO, correct me if I'm wrong
There is NO point in selling any of these shares in the near future as all news is good, the company are on a great track forward and upward, and there is a GREAT need for their experience and product. No more to be said IMO and those that sell at this point in time need their head examined :-)))
The company is needed by millions who need help now and the sooner NCYT are properly established and acknowledged the better for all those effected with this awful virus. So the very best wishes to all that work and are associated with this fine company. They need applauded.
Good luck all and HOLD for sure, for our journey NORTH.
ATB and look forward to a GREAT week ahead, this boards will be swamped to say the least.
Now we have the big boys behind us AZN and GSK I’m really interested to keep an eye on any manufacturing updates.
So many potential sales for the taking manufacturing will be the bottle neck wonderful problem to have.
No way, I am here from feb, with all the research I have done the past two months, I know the test is gonna be needed until vaccine is available, well even after vaccine is available, there will still needs for the test.
On February I said NCYT will hit £5.7, everyone think I am crazy, look at the price now, almost there.
I am now thinking around £11.50 within two months. Hope I will be right again.
And from my research, IMO, I think the antibody test is not gonna happen, even if the gov start using it, they will know they are wrong, time will tell.
There are so many reason for me to say this, like in Hong Kong tested people from china who have had the virus and recovered, only 15% of them have antibody.
Last week there are report from Korean about people reinfect covid-19, and many more.
I just saw another news about this today.
https://www.dailymail.co.uk/news/article-8217529/Doctors-say-COVID-19-antibodies-not-guarantee-immunity.html
It is really sad, the gov need to find a plan to fight the virus.
IMO. GLA.
#NCYT UPDATED!! News SINCE MARKET CLOSE 9/4
FDA grants approval for QIAamp Viral RNA mini kit as extr. method
AZN & GSK working on antibody kit with "the team"
WHO provided approved test kits to 126 countries only NCYT & TF have approval
SAUDI ARABIA EUA APPROVAL! Tick Tock
https://mobile.twitter.com/Notreallyinter6/status/1249377000655147012
as well as the possible middle east news
some time soon possible USA news
and also expects to update on its progress in the US market following Emergency Use Authorization granted by the US Food and Drug Administration announced on 23 March 2020.
allah4uk, this is not a bad news for us at all I think,
if you take a look at the this
''As of 9am 11 April, 334,974 tests have concluded, with 18,091 tests on 10 April.
which 78,991 tested positive. ''
so around 78% tested negative, I don't know how many % the LAMP test has false negative,
let's assume it's 30%, there will still be around 85% of the test need to retest with the PCR test.
lloydyboy, thanks so much...
So it's like the LAMP test is the first stage,
if the LAMP test is positive, them the sample has COVID-19,
but if the LAMP test is negative, the sample will then go to stage two,
and stage two is PCR test,
if both stage are negative, then the sample will them confirm to be negative.
Then it is a very good news for the pandemic.