Member Info for Maddog8

QuickBuckInvestor, went into link last night at the bottom, it took me to a Numis broker note on Dominos Pizza, lol

Really smart move here, protects our supply chain and now lowers our cost of sales leading to better gross margins on sale of the machines etc.
Win, win all round.
Well done Mr Mullis.

Words I didn’t expect to see or read. Just out on twitter.

“So what should investors don’t next? Hold onto Novacyt for as long as you can.”

Finally, getting some acknowledgment

https://www.sharebuyers.co.uk/shares/so-the-novacyt-share-price-wobbled-heres-what-we-would-do-next/

Hold on and be patient and you’ll be rewarded handsomely, imho.

Article in MailOnline published this evening.
Ministers are aiming to create 500 facilities by the end of November and insist the move is aimed at preventing a second crisis in care homes.
Hopefully link below will get you there.

https://mol.im/a/8834839

I think that’s correct.
Maybe rapid compared to sending off test to lab and getting result back following day etc, but throughput very low compared to Q16/Q32.
Government probably wasted £161m there.

Re the Global tenders link.
The Ukraine contract is real I believe and runs to Dec-20, this was posted several weeks ago.
Contract worth 3.3m Ukrainian hryvnia equals about £90k.
As you can see the French value is not available.

A new account has just appeared called “The Novacyt Insider” saying coming soon.

ShaunP, just spotted that the £406m & £63m is net of VAT.
I guess the revenue will get booked to the P&L with vat @ 20% which would take billable revenue up to £563m. Would that be correct? unless of course it’s at 0% vat rate.

Note below from the £63m contract.
V.2.1) Date of conclusion of the contract: 26/04/2020

Does this confirm it’s the extension to initial 288,000 per week contract.

Not sure if these have been published here today.
However, a bit more detail behind the orders.

£406m Supplies - 467857-2020 - TED Tenders Electronic Daily
https://ted.europa.eu/udl?uri=TED:NOTICE:467857-2020:TEXT:EN:HTML&src=0

£63m Supplies - 467856-2020 - TED Tenders Electronic Daily
https://ted.europa.eu/udl?uri=TED:NOTICE:467856-2020:TEXT:EN:HTML&src=0

The £469m contract value is still higher than the MC, absolutely crazy MC price, SPmust start to shift a lot higher.

Is this £63m contract linked in with the first contract won back in April this year and this is an extension to that contract? With the £406m relating to the contract highlighted last Week?

ShaunP, I do tend to err on the cautious side. I did a simply run rate from Jun (c£23 a month for 6 months and added on £150m from phase 1 (14 week element) and first six month revenue c£65m.
With 65% margin to EBITDA, even then I rounded down a few million to c£200m lol.
Looking at your analysis would agree that we are likely to be nearer an EBITDA of £300m than £200m.

We only know profit up to the end of Jun-20, see half year results.
Future earnings are likely to significantly exceed what was disclosed in RNS.
Revenue for 2020 now in the region £350m - £400m minimum.
I think EBITDA likely to be a minimum of c£200m.
Current share price is £5.30 leaving MC at c£375, giving a P/E ratio of 1.9.
Absolutely ridiculous, should be much higher.
Even a very low p/e of 4 would give a share price in access of £11.
Much more to come on this, just need to be patient.

https://www.sharebuyers.co.uk/shares/should-i-buy-novacyt-shares-now-5-reasons-why/

Just in

Dear all,

Sincere apologies, there has been an external outage which is causing us technical difficulties. Please bear us, we will try again at 1.30 GMT / 2.30pm CET.

Thank you for your patience.
Mandy

Email I got the other day, try this for those struggling

Having registered for the meeting, I have approved for you to view the meeting, so when the time comes please re-visit the link: https://novacytagm.eventitdept.com/access/login, re-enter your email address and hit “send code”, you will soon afterwards receive via email a 4 digit code to enter, once entered you will able to view the meeting.

I’m in but same blank screen, waiting for some action.

In addition to the provision of products, the Company will also provide training and maintenance services for the q16 and q32 instrument platformL
And don’t forgot this nice little add on, we’ll be setting up a training centre next, not cheap them 1/2 days courses and maintenance call outs, lol.

Nothing we don’t know already about our products being top notch , superior and gold standard etc, etc.
Looks like others are starting to wake up and smell the coffee, finally.

https://www.sharebuyers.co.uk/shares/novacyt-wins-contract-supply-hospitals-covid-19-testing-device/