The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Point very well made Saintsmith.
Must admit I added a bit more here today.
Just got such a strong feeling that this is going to bounce very strongly any time soon.
It is impossible to time the entry.
Wait too long and you miss the big lift off.
I have found that in life it is Always better to be a bit too early than a bit too late.
Stay Safe all.
PBWU.
When you have done your research and you can see where we are heading.
When you see how the company have and are positioning themselves to "Clean Up"
Short term gyrations in the SP are but a small nuisance.
This will come Good. Positive Sentiment will be our friend again....
Not Long to wait now.
Have No Fear MisterETrayda is here. lol.
PBWU One & All.
Not much longer to wait now Boys and Girls.
If you want to be a Big Hero get on board and stay on board.
Trying to time the bottom is a Mugs game.
There is so much under value in this stock it is beyond a joke.
All we as holders need to do is fill our boots and wait.
There will be no holding Novacyt back once the re rate gets under way.
PBWU
FF
Was a similar story this time last year and then Whoooosh.
Feels very much like "Deja Vue" here.
History has a way of repeating itself.....
Not long now.
Enjoy the weekend.
PBWU
Agreed Claire, Bounce is indeed Inbound.
Look at all the Buys on the Share Trades.
Looking Like another Blue Friday.
Sitting Patiently Waiting....
SPW.....
Have a good weekend One & All.
PBWU.
PaulN.
Surely you mean Crackling, No?
Lol.
PBWU
Boys & Girls.
The hour of reckoning fast approacheth…..
At this time there is only one question that you need to answer.
Are you within or without??
The turnaround recovery here will be swift.
PBWU All.
Have a lovely weekend.
The Share Buy Back Idea I mean....
Seems like you have many....
PBWU
Soder.
That is a great idea.
That would certainly draw a line under the sp and provide us long suffering LTH some comfort and security in what is proving to be more than a test of Faith & Conviction.
GLA.
PBWU
Must admit when I saw the RNS today I thought Oh Dear God.....
But actually when we look back on this I think we will see it a the company signalling clearly that they are starting off in a new direction in terms of communication and ambition.
With the new man at the helm comes youth and vigour and a more commercial bias in running the company.
Not taking anything away from GM, without who we never would have got this far.
DA certainly has inherited the full package of assets to turn our fortunes around.
I feel that GM will not leave until the dispute is resolved, so this must be very close now. I would if I were him. He takes pride in what he has achieved and I think that he will want to hand over a steady ship to DA before he goes.
The SP is remarkably steady today which is the biggest positive of the day. It shows that all the sellers are out.
We are poised for a rapid and sustained rise.
Can't wait to get my sanity restored.
GLA
PBWU
The Ducks are truly lining up here in an unbelievable way.
I never expected to see testing at these levels until the winter months.
This means the testing numbers will keep going up from here.
Flying is such a hassle with all these tests, especially when the kits and or the results don't arrive on time!
I don't think shorters will hold us down.
Investors are starting to see past the dispute at the real long term potential here.
Once the sentiment returns the upward momentum will be swift.
This reminds me of Tesla 2 years ago when people were jumping up and down about the potential and the share price fell like 50% only to more than 10X over the following 12 month period.
Not long to wait now. Our time, Novatime is fast approaching.......
PBWU
GLA.
Novacyt is a diagnostics business.
We are told that up to 7 million people are either waiting for hospital treatment or need to get their health checked in the UK.
Lockdown is to be got rid of. The message is getting out there. The reality is that the real cost of Covid has been paid by those who have died and will be paid by the millions of people whose health has been affected by the political decisions taken to combat the virus. The financial & mental stress has ruined many a relationship.
It is not just testing for Covid, it's testing for cancer and many other illnesses / diseases that are piggybacking off the Covid.
Unfortunately this is why Novacyt will make plenty of profits going forward.
It will take a wee while for the reality to sink in. I'm sure the BoD are setting it up for Nova to be right in the mix.
We are invested in a very dynamic business which will produce substantial returns for us who are prepared to wait.
Detection of disease is becoming big business.
This is where your funds are invested.
Not long to wait.
Not for day traders
PBWU
ak
The answer to your question is here in the link below.
This contains all the information released today, which is quite a lot.
I seem to remember reading about Vatel.
https://seekingalpha.com/pr/18366392-novacyt-s-full-year-2020-results-and-update-on-growth-strategy
GLA
PBWU
This taken from the summary of the accounts.
Novacyt Management BELIEVE they will recover the cash from DHSC!!!!!
"At the year end, the Group had trade receivables of £79,341,000 against which a credit loss of £160,000 has been applied. At the date of signing the financial statements, £23,957,000 of the year end receivables were overdue due to a contract dispute. Management expects to be able to recover these balances in full; this is a significant judgement."
AND
"Primerdesign’s revenue includes approximately £190,000,000 (2019: £nil) from sales to the Group’s largest customer. No other customers contributed 10% or more to the Group’s revenue in 2020.
91% of loans and receivables are with one counterparty, with whom there is a contract dispute. Management considers it to be more likely than not that the year end balances are recoverable. £47,926,000 of the year end receivables balance of £71,883,000 with the counterparty in question has been received in 2021."
There are some very interesting figures about World - Wide sales also.
It's all in the accounts people.
Once these are digested UP WE GOOOOOO....
GLA
PBWU
I have just read through a Summary of Novacyt Accounts for 2020.
They make for phenomenal reading by any measure.
As institutions start to digest these I am sure that there will be a very healthy correction in the SP over the next few days and weeks ahead. There is usually a lag between news and the SP going North.
https://seekingalpha.com/pr/18366392-novacyt-s-full-year-2020-results-and-update-on-growth-strategy
I hope the link above works.
The explanations are very clear.
Full Steam Ahead.
GLA
PBWU
We were so oversold because market thought things were much worse than they are.
I am pleased that GM has put the uncertainty to bed & the big monster dispute turns out to be not so scary after all.
Now accounts are out and they are amazing. 20X profit increase in 12 months. Phenomenal.
I think that institutions will increasingly get involved now accounts are out. They need these to measure performance & we’re unable to buy Novacyt before.
These accounts put Nova on the map.
Expecting great things from here.
GLA
PBWU
Usually before results there is much hype and expectation with a pre news rally followed by huge disappointment and a sell off.
The pattern seems to have been well and truly broken.
This time a long drift down, little hype despite Claire Smith's best efforts, and a surprising fall in the SP the day before results.
It feels like the conditions are right for a big surprise to the upside..
Not long to wait now....
GLA
PBWU
Fully expecting to see some FOMO trades in the last hour today.
Here we go...
Good Luck All for tomorrow.
Hopefully we will get the "Blow the Bloody Doors Off" RNS that we have all been waiting for.
PBWU.
This is it people.
The day of reckoning will soon be upon us.
Hold on to your Golden Tickets.
Tomorrow they will be worth a shedload more than they are today.
Well done all LTHs.
Your patience will soon be handsomely rewarded.
PBWU.