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Well done to you!

But I honestly don't understand why you'd sell out now when this is still so undervalued, when this is still growing so fast, and they always say "don't sell your winners"

Doubt you'll be able to reinvest that money into a share that will do as well as this does over the next few weeks, months, years IMHO.

Another top up @ 819p - about 100p more than my original buy yesterday morning!!

Target price: 2000p+++

Thanks for the heads up

I read that as many people as in the 1st wave are going into intensive care. It's just that far fewer of them are dying - thank goodness!

You should never use stop losses on AIM! The MMs simply take advantage to force you to sell your shares at a price you're not happy with, before letting the share price continue to rise upwards

I deliberately used a very conservative figure

What EBITDA for the year are you expecting?

And more important what does next year's EBITDA figure look like?

It's crazy how exciting this share is !

Yeah I could see this reaching £40-50 to be honest, but I can envisage £20-25 much easier, hence my £20+ target in mind.

To be honest though, if NCYT start paying decent dividends, this may become a buy-and-forget sorta Buffett stock. Like the new AZN or something.

My average here is 755p per share, much higher than most here, but I honestly feel lucky to be invested here so early on.

One day everyone who invested sub £12 will be seen as the lucky ones I reckon

£20+ in 12 months I reckon

I believe that £10-11 target is far too low.

Current Market Cap = £560M = EUR 600M let's say
No Debt & Cash positive!
EBITDA = EUR 100M + (I think H2 will be better than H1's EUR 49m of EBITDA)

So you're looking at an EV/EBITDA ratio of 5-6! For something growing like crazy that figure should be a multiple of this figure.

P/E ratio looks to be about 6-7 as well. Also crazy low. You would again expect this to be a multiple of this figure.

On this basis, my target is £20 per share.

No word of a lie, this is the first and only pharma stock I've ever bought, and it is for good reason - it's massively undervalued, and they are making huge progress on a variety of fronts so they're growing super fast too! Even faster than the H1 results gave them credit for.

Current Market Cap = £560M = EUR 600M let's say
No Debt & Cash positive!
EBITDA = EUR 100M + (I think H2 will be better than H1's EUR 49m of EBITDA)

So you're looking at an EV/EBITDA ratio of 6! For something growing like mad that figure should be at least 3 x times this figure!

P/E ratio looks to be about 6-7 as well. Also crazy low. You would again expect this to be at least 3 x times this figure!

So, without wanting to sound mad, could we see £24 per share within 12 months? Yes I think we could!

Ticked up again by 1p more on the back of one very small trade

Think that says it all in terms of how quickly this could rise to 90-100p with a bit of buying pressure in the run-up to the FY Results being published!

when this was being hyped, and of course it's been a dog's dinner. So I've deliberately held it as a reminder to myself never to buy anything like MMX again.

GLA - you're going to need it here!

There aren’t too many firms which have delivered a 10-fold increase in first-half revenues to €72.4 million and a 13-fold increase in gross profits to €60.3 million in 2020, all from organic sources. This makes diagnostics firm Novacyt (NCYT:AIM) pretty unique. But the excitement has arguably only just begun with the latest contract win (29 Sep) to supply the Department for Health and ...
Want to read more?

https://www.sharesmagazine.co.uk/article/novacyt-still-looks-really-cheap-despite-share-price-rally

Topped up this morning @ 795p

Still wondering if I should've done more today - this still looks very undervalued !

Should also mention that Green Energy / Renewable Energy / Battery Metals are also getting discussed more in this facebook group all of a sudden. Perhaps driven by a desire to cash in on all this governmental stimulus money on the way in the UK, EU, US, etc.

Many of them dived into IES recently, and today's one was VDTK (which looks awful to me!), but sooner or later they will turn to BMN I reckon. Not yet, not whilst we languish at this level, but once we start rising I can see them going mad for Bushveld. So give it a month or so once GS to stop offloading shares and we may see a rise, and then a very sudden correction! Hahaa

Spot on, faramog. It's easy to feel despair creep in when you see shares with little inherent value or prospects rise for seemingly no reason at all whilst this hasn't done so in recent months. But it's easy to then miss / failure to realise almost all of them fall spectacularly thereafter and never recover.

I'm now on this Facebook group discussing various shares and can see that one of the next bubbles will be gold mining shares, and one of the shares people are currently getting very excited about is ALBA. So, out of sheer curiosity, I decided to take a look at it, and found this video: https://m.youtube.com/watch?v=7kpr6PPOK38

The company got onto the ITV news. But my goodness have you ever seen anything so amateur in your life?? It reminds me of Newsround back in the 90s!

The company has been in the exploration phase for years and yet somehow, despite still been ages away from ever making a profit (if it ever does!), the MC has risen from £4m to £25m since mid-August. Baffling.

But you've got to admit they at least try hard with the PR. Videos on Youtube. Getting on the evening news. Etc.

...makes you wonder what could happen here when the time is right!

*
most of them have lost eye-watering amounts of savings since they started trading on the stock market because they don't know what they're doing, and they're clearly falling for all the ramping you see across the vast majority of AIM!

One thing I will say actually is that people are very keen to moan about Bushveld's share price movement and compare it with shares that are doing well in comparison but you never see it the other way around. The number of horror stories I've seen in recent months is growing by the week.

The most recent and high-profile one has been Cineworld (CINE) but there's been loads.

Amigo (AMGO) is another.

7DIG (50% down in 5 weeks), TLW, BIDS, MCRO, 88E, VAL, NMC, HUR, UKOG, and SYME will join them soon, and there's sooooo so many more have done horrendously and they will never recover.

Looking at larger caps, all the shares in industries obviously impacted by covid-19 have done awfully this year (IAG, CCL, EZJ,...), and so many other sectors have taken a bashing too - look at the banking shares (LLOY, HSBC, STAN, etc); look at all the oil shares that make up a lot of the FTSE (BP., Shell, etc); look at the media and advertising industry (ITV, WPP, etc); and so many other sectors I can't think of off the top of my head right now.

This has honestly been an unpredictably awful year for the stock market across the board.

You've had lots of new investors as a result of interest rates being cut to **** all on most savings accounts, and most of them have lost eye-watering amounts of savings, because they don't know what they're doing.

Many of them have been left caught on one pump & dump spike after another. Especially with pharma shares puffed up on nothing but hot air!

Consequently we're now seeing that pharma bubble beginning to pop. BRH and RMS dropped 15% in a few minutes at the close today. DDDD plummeted 34% yesterday and has such a weak recovery today I can see it falling by a similar % soon. ODX fell despite winning a government contract announced yesterday. And there's so many more to come in the months ahead.

So I guess my point is stop grumbling all the time about Bushveld having had such a bad share price performance so far this year, because (1) It isn't half as bad as many out there and - much more importantly - (2) this is a temporary state of affairs for us. This will 100% rise up again, and I believe it'll reach history-breaking new highs of 100p+

All in my honest opinion. No offence caused. I know it's been a very frustrating year holding here. I'm just saying we should put things into perspective and take comfort in how bright the future looks here!

3 mins before the close!

Clearly got further to fall ...

Good to see you here and loading up at these levels in anticipation of a break out

I completely agree with. Give it a month and I feel the share price will be on its way to 20p again, ready to explode a whole new level once the Eskom tenders come through!

Glad to see this recovered today - feels very positive here.

Just 8 trading sessions to go until the Final Year Results are announced.

Onwards and upwards : )