RE: Primerdesign29 Jan 2021 08:35
I have been watching and finally bought up some shares at a higher price a couple weeks ago. Extremely lucky to come across such a high growth business. I believe these are an excellent set of results. Would have like even more revenue and profit but that is just getting greedy. Think about it... So the Sept update stated 150M first 14 weeks and 100M next 10 weeks with opportubity to extend to 700 PCR machines inf phase 2. Rereview the calendars if you havent already!!! Results are up to year end 2020 and that only includes first 14 weeks. So to hit £214M in H2 where gov may have temp halted rollout (if believe independent - but only 200 machines), then say NCYT only made £100-120M from UK then NCYT must have other global revenues around the same. It is clearly not a one-trick pony reliant on only UK sales. I believe the way COVID has unexpectedly worsened and more importantly more and more ppl finally believe in getting tested over the world since beginning of the year means the next 10 weeks forecast will be greater than the original £100M quoted for the UK contract alone. If phase 2 gets approved then boom but if not NCYT has now evidenced fingers in lots of pies.