The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Amers - I'm genuinely puzzled now ! The apology was sincere - my irritation misplaced. No excuse though.
George Brown by the way was a 1960's politician who famously overindulged and was sometimes found inebriated in situations unbecoming - this was passed off in the press as being tired and emotional, which is definitely how this share is making me feel.
Same here PI100 Seriously considering cashing it all up and calling it quits while there is some left ( even though I know its only a loss when you sell and it should do well ) - so cheesed off with this one.
Covid stock. Started buying at £4 having waited to make sure it wasn’t a flash in the pan and kept adding gradually ( even bought a few at £11 ) until my average was £5.72.
Didn’t see the DHSC dispute coming but have held on since and watched a near 100% profit turn into a near 80% loss.
Cannot believe the way this has fallen at every bit of news it certainly doesn't reflect the fundamentals, products, cash on hand or any other logical consideration except perhaps rampant shorting.
Will not sell as I think this should at least get back to my average, in time - but this has really shaken my belief in market forces supply demand etc.
There does not seem to be anything NCYT can do to reverse this dire slip from favour while in the middle of a pandemic and with a basket of extremely good diagnostic products.
Thank god it’s Saturday tomorrow. Even the yanks won't be able to drive the markets down because the fed say they will do exactly what they've been saying they are going to do, fir a couple of days.
Have a good weekend all.
No. But we waited for a DEC resolution and then the JAN RNS now it’s April.
I'll wait, I have no choice now as the sp has fallen so far but how long is the DHSC piece of string and how short is the sp falling/hostile takeover piece ?
The cost of the dispute has been enormous and we seem mixed up with the Good Law case which as far as I know has nothing to do with us.
It seems to me we could have achieved a deal and saved ourselves a mountain of cash in SP/MCAP terms.
96,000 cases 338 deaths, today, in the UK.
By what measure is now a good time to reopen care homes drop masks etc.
No way is Covid over and that’s in one of the most vaccinated, richest, countries on the planet.
Much of the world is way behind on vaccination and healthcare.
NCYT products should be in great demand. How are they not succeeding ?
Chris that’s what I keep telling myself. The RNS was fairly positive with lots of good news - but glaringly badly no hint of a resolution of the DHSC dispute. Covid has not gone away nor is it likely to here or even more so in most of the rest of the world anytime soon.
Yet the sp drops lower and lower and the paper losses grow bigger ( nudging 70% now ).
It’s almost as if someone somewhere ( HMG/DHSC ) or maybe shorters is trying to prove the old maxim about the market remaining illogical longer than the shareholders can stay solvent.
Time for a beer.
How much did we have in cash then ?
How many products ?
What were the turnover and profit figures ?
By any measure todays price is a joke and things just seem to be getting worse.
DHSC dispute is a disaster and it’s cost the company hundreds of millions in lost value - just settle it before we only have the cash in the bank left !
and we'll be in single figures.
The company, along with most others, seem powerless to do anything but watch as their share price falls from £1 to 10p ?
Much blame lies at the government narrative that it’s all over ( still around 100,000 cases daily and 300 plus deaths says otherwise ) but the daily drip drip of its all over, care home restrictions lifted masks not necessary ( 400,000 schoolchildren currently have covid ) is convincing the worn out public to give up and go back to normal.
This is criminally wrong imo. Still holding still hoping for approval still waiting for the company to get off it’s a**e and come out fighting.
Still expecting sub 10p tomorrow if nothing changes for the better.
NCYT January RNS'!
Cannot believe how much this has gone down just because the DHSC dispute is still hanging over our heads like a sword of Damocles.
A memorable start for DA - but most definitely not in a good way.
Just what we all needed.
Hoped for a much better result from the RNS which was reasonably positive.
Now looking at 70% (5 figures) loss at this point so effectively locked in.
DHSC is a real thorn in the side from Jan 21 through expected resolution in Sept 21, Dec21 and now May 22 ?
Not buying not selling - just hanging on and probably looking for the least painful exit point, whenever that is.
Appalling way for HMG to behave, and Joe public seem ever ready to believe Covid is over and everything is normal. Look at the impact of the first vaccines, each iteration thereof, the DHSC dispute and the constant government narrative that everything is going back to normal ( 100,000 cases and 300 deaths daily says not ).
Hey Ho tomorrow is another day.
More Day Trader fun and MM nonsense.
Probably bounce into the close if not it will build as more news and expectations of a drill come into play.
Just holding - will top up if the sp goes below my average. Then hold for news.
https://www.private-eye.co.uk/news issue 1565
Alleging problems with the accuracy of tests and ease of use.
Any truth to these allegations ?
Why have the company not shared this information ?
Did the Innova test go through the same procedure ?