RE: Great to see8 May 2020 03:19
It actually sums up the level of consideration and foresight that you put into your post, research and trading abilities. You talk about going back to your old faithful shares, so you have no vindication in your initial investment in the first instance. The company is holding well against its peers and is in a trading range, this is because it is listed across two indices and is cash flow positive since the covid 19 saga, two thirds of the aim covid related stocks are hype. Not making money, chasing the antibody dream which with track and trace does not fit in to the plan. It does not matter what competitors are doing. It does not matter who France use for their tests. Novacyt are working to capacity and it is generating a good income. This will improve the balance sheet. The real news is in new oem agreements, the production levels coming out of the USA to service their market and potentially the Indonesian and Asian markets. But the real big one is the amount of time the d-pcr shaves off the production time, the amount of money it saves on the reagents and the cost. This will lift production output. We are at capacity and to get over the 300mil Mcap you will want to see greater production on better margins with longevity of agreements. With the WHO, FDA and EUA’s servicing in excess of 100 countries, the production levels stay the same. So in summary, yes your post is boring. I am also happy with my holding from 69p cheers. Good luck with your old faithfuls. I would also love to see a Middle East or Indian OEM to get production levels in excess of 12/15 mil. Then you are in a different league in regards of Mcap. Night night