Member Info for larry10

Neilrich, eurofins also redirect to that website : https://www.eurofins.com/contact-us/worldwide-interactive-map/united-kingdom/eurofins-microgen/

Depends how many assets of the co theyve bought

Better sell some assets rather than close the co and get nothing.
For how much ? Less than needed to have an rns apparently, so not much i guess.
Full takeover ? I would Say no.

"not material enough" said IR.

Another tenuous link surely

https://twitter.com/Larry64450205/status/1620448991786995712?t=TPUMo34GHcFR9hXGkQ91kQ&s=19

Exactly my thoughts Kaeren...but no Idea why...

What is considered material, from IR :

"The general rule with regards to materiality tends to be 10% of annual revenue, depending on the subject matter of course"

They spent way more in R&D than in the previous years.

From the Novacyt S.A. (NVYTF) Q2 2022 Earnings Call Transcript, i read that R&D and commercials spendings are about around 5m for 2022.
In h1 2022, RD costs were 70% or so higher than in the previous year.

That wont surely be every year.

Then, the ltip Was to be paid in 2022 too.

Im not very alarmed in the use of the cash atm.

Of course, like captainswag told, i would have like to see,but surely like everybody too, a use of cash for aquisition.

One day maybe...

Cash Burn Was expected with RD spending.
It would have been nice to know more exactly on what projets even if we know a bit with the previous RNS. And how those projects are going forward

Results in line with what Was announced.

Dissapointing that nothing interesting Was added in that rns.

https://twitter.com/Larry64450205/status/1618510180970557440?t=xIrducV7j8cpKKF4bei-eQ&s=19

Even a second one this am

https://twitter.com/NovacytGroup/status/1617462522277249024?t=9yjeOvm89861qFVp8iiKMg&s=19

P100 What forecast do you base yourself on ?

At half year results, they told us S1 Was 16.5m and in S2 it should be around 4m.

Still dont get how you Can imagine a result of 5m under their forecast..

P100, you say 3-5m under forecast.

From half year results, they forecast around 4m in S2.
"Predicted Q3 2022 revenue of circa £2.0m, with similar levels expected in Q4 2022, "

So you think our revenues could be of minus 1m ?

Me neither Kaeren.

Katalyst with Versalab : https://twitter.com/Larry64450205/status/1616443670521319425?t=aMUkzU2YZgBcwPwXe3QPew&s=19

I would Say unlikely Neilrich. But thats just my opinion.

https://twitter.com/NovacytGroup/status/1616345154989826051?t=pIafYGk_z4b5MJAYA5ceuA&s=19

The results came out After market, at 18:00 (french Time).
So for the SP, we will see tomorrow what it's doing !

Also, i would add the evolution in their global revenue in 2022. S1 brought 142.2m€ , S2 : 54.4m€.
What i would have liked to know is CAB... No info...

You have the most recent post on there too :

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