Member Info for Luckyno7

One of the schemes was a university testing students before they returned home for Christmas!

Just reporting on the cheap lFt tests that are being used, some studies are showing they missed 97% of positive results that PCR would have picked up. That is shocking

** they just updated to show as buys and sells and have yesterdays date

Over 25 large delayed trades just popped up again and showing as unknown. Wasn't tracking the price today so can't give an opinion but clearly something still going in background that's keeping the SP in this range

About 20+ large trades from yesterday just popped up, one which is marked as a buy for £450k.......

She did indeed, only saw part of it and caught that 2.81million PCR tests were carried out last week

Can see some decent size trades coming through, all reported with an hour delay and looks like a pattern to me. I would suspect the II's haven't finished buying....

From the info posted last night they did indeed look like new II's on board

Porky I remember when we were at £2 and posters suggested we could get to £10 and they were completely shot down! I don't mind your valuation predictions as you back it up with reason, others can take it or leave it. GM has said he is aiming for mid cap and it wouldn't be far off if we get there

Sorry replied on wrong thread

Darton, interesting post and agree it wasn't II's selling from what I observed. However I do feel those large buys are potential II buys. There are 8 of over £250k each and mainly look like buys.
You mentioned you haven't included the delayed ones in your analysis but not sure that then gives the complete picture?
You mentioned they may not be single trades, I know UT trades are usually multiple trades, but why a delayed trade date stamped for Friday afternoon around 3.30pm for £250k wouldn't be a single trade?
Also interesting that on Friday and today the buys outweigh the sells....

I have to admit that over the last few months due to personal reasons I haven't been able to keep on top of developments here as I would like, however going back to basics:
The last milestone of testing capacity as I recall was when we hit 10 million a month. Even if we are selling half that for a price per test of £5, (again I recall some orders were around £8.70 per test), that is still £25mill a month, or £300 million a year. That is at half capacity, so arguably averages over the year in the event it tails off.
My understanding is that the DHSC contract is for the testing equipment (whether that is now Promate or its predecessor), so is on top of that capacity, so therefore the potential to double that revenue to somewhere closer to £600million. I would be surprised if GM had purchased the manufacturer of the equipment if he didn't feel the contract would be extended.
That is not even taking into account the Govt tender for testing (which is for 4 years, so the Govt agree its here to stay).
If we are running at 80% ebitda then if we get the extension that is £480,000,000 for 2021. On top of the cash we have coming into 2021.
I know we are missing some forward looking optimism from the company but it has never been GM's style to over promise and under deliver.
So again, what am I missing???

I know it sometimes clogs the board but IMO this sort of action is important to note as whilst there has been much discussion about the RNS and the reaction to it, somebody with deep pockets obviously liked what they read!

Yes talk about it after 7pm, wouldn't be surprised if there were more by then.
I have premium service with LSE so see a log of all of the trades and have always found it accurate?

29-Jan-21 15:55:13 903.28355 20,000 Buy*180.66kO 
29-Jan-21 15:39:43 878.00 30,000 Buy*263.40kO 
29-Jan-21 15:39:19 881.61913 28,736 Buy*253.34kO 
29-Jan-21 15:55:50 921.21 30,000 Buy*276.36k

These are the ones that have shown up today and are in addition to 5 similar ones earlier in the day on Friday. Shows there was a big buyer on Friday and I wouldn't be surprised to see a TR1 today or tomorrow.
Was also trying to buy during one of the dips and was NT for over 20 mins. Have held NCYT for a year now and have seen this pattern often

Over a million delayed buys from Friday just appeared. At the same time as they were dropping the price despite it being NT for a good 20 mins whilst it dipped. Def some background movements going on

First few delayed trades going through. Were lots on Friday, SP IMO not showing the true picture.....

Personally think the large delayed buys played a part in this

I know when the price is volatile they can be recorded wrong but looked like buys based on price action?

Recent Share Trades for Novacyt
 29Jan 21 08:56:06 985.78 8618,704 Buy* 184.38k 29-Jan-21 11:55:41 929.78 20,000 Buy* 185.96k
 29-Jan-21 11:21:12 898.16 30,000 Buy* 269.45kO 
29-Jan-21 11:55:14 929.89 20,000 Buy* 185.98kO  29-Jan-21 11:24:26 893.94 30,922 Buy* 276.42kO
29-Jan-21 10:20:02 960.00 20,821Buy*199.88k

These are the delayed ones that popped up late on LSE, def today and big buys