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Sentiment is driving the share price down.
Fundamentals are sound.
The time to buy is when the price is low.
I have just added another £10k here.
It will turnaround very soon & patience will be handsomely rewarded.
Have some faith people.
GLA.
PBWU
Here we go.
Today is the day that the turnaround begins.
Resistance is a thing of the past.
Wishful thinking??
Let’s get this party started...
GLA
PBWU
Today was a big wake up call.
Up 12% in a heartbeat.
The inevitable profit taking..
But we should hold on to a good gain here with a strong finish over £8.
Like many here I have been a little disillusioned with the perpetual fall in the SP & sold a few golden tickets hoping to buy back in @ the bottom.
I think that price action today is the Novacyt Express starting it’s engines.
It’s been a long wait.
I am reloaded, got my tickets & ready to set off on the new journey of discovery.
GLA
PBWU
Thank God!!
About bleeding time we get some positive “ Green on the Screen. “
More of the same please.
PBWU
Today is the Day.
Well done to all that have held.
Your faith has been truly tested.
Mine certainly has.
Glad these down days will soon be a thing of the past.
GLA
PBWU
It would appear that Novacyt has committed the ultimate sin of having too many eggs in the one basket.
They are heavily reliant on the DHSC contract as this makes up circa 50% of their revenues.
Fine if it all goes smoothly, they look like heroes, but when there is a hitch ... all hell breaks out.
This is why the sp is suffering.
For the record I too, like many here have "too many eggs in the One Basket" so Nova's position is very similar to my own.
Generally 80% of your profits will come from 20% of your holdings, (by number, not quantity for the analyst out there)
I believe that they will work out the teething issues and that the contract extension will come good very soon.
I remember a few months ago Matt Hamjob announcing at one of the govt press conferences that the govt were engaged with the private sector in constructing a diagnostics division for the NHS. We all know that Novacyt are an intregal part of this.
That hasn't changed. They just need a little time to fine tune things and then Voila!
The cake will be baked...
GM is the master chef. When the cake is ready he will let us know and we can all have a slice.
We have been here before with a depressed share price. I genuinely don't believe it will take very long to bounce back this time.
Hold for gold.
GLA
PBWU.
Just remember.
The bigger the shake the bigger the subsequent rise.
I saw Tesla fall off a cliff a couple of times last year.
That didn't stop it being a multi-bagger.
I have no doubts where this company is going.
I wouldn't say that I was relaxed, but I am confident that there is a lot more left in this share price.
One of my regrets last year was to sell out of Tesla after I had made a few quid.
That will not happen here. The re rate is what will happen and it is just a matter of a month or 3.
For multi-bag returns I can wait.
GLA
PBWU
This is all about patience.
Novacyt are making money hand over fist.
Markets are volatile.
That means they sometimes go down.
Even great stocks like Tesla sometimes fall or are flat for months before the next growth spurt.
I have just added some more and will try to avoid checking the price for a week if I am strong enough.
It will bounce back.
GLA
PBWU
There were a few signs of this sell off.
Last couple of days volatility has been very high across all markets.
There was a high expectation here and ultimately when they came the numbers were a little disappointing.
The guidance for 2021 was weak.
The wider market has experienced a large sell off with big names like Tesla, Apple and Amazon seeing their SP's falling.
Profit taking is rife across the board.
Many have made good profits here.
Let's hope that it settles down next week and we can draw a line under this.
We all know that Novacyt have a great profitable business and a little bit of short term volatility is not going to derail the Novacyt Express.
All aboard.
Wishing you all a pleasant weekend.
I will be starting it off with a bottle of Fizz and looking forward to better weeks.
PBWU
I am not a religious person, but what has happened today is a real test of faith.
Either you are a believer or you are not.
I may be preaching to the converted.
This is a temporary pull back and is to be expected given the nature of the RNS.
Yes GM could have chosen his words a bit better, for sure.
It will all come good in the end.
I have been holding since April. Was thinking of taking some profit after results.
Looks like I will be waiting a while longer.
The re rate is coming. A bit more patience and the elusive ninety eleven hundred sp will be upon us.
Keep the Faith.
GLA
PBWU
HAHAHAHA.
You gotta have a laugh.
Hopefully we will all be laughing tomorrow...
This is seriously shaping up to be the Mother of All RNS's.
We have a news black-out for months.
GM £500k share buy 2 months ago.
New FD with experience of running Multi-national mid-cap
Bloody awful pandemic.
Crazy under-valued company.
Shortage of tests. (Basic economics of supply & demand.)
Untold evidence of sales being made.
Big Tree shake just before results..
Well buck me If it barks like a dog has a tail like a dog it's a dog!
Not long to wait now.
GLA
PBWU
If UNICEF & World Bank are buying our test kits for the Ukraine then why would they do that in isolation??
Surely they will be buying for a number of other countries too.
This feels like the beginning of a series of orders for countries like Ukraine. How many of them are there?
Could this be the tip of the ice-berg?
10 orders of similar size and that is already £100mil plus. 20 and we are really humm-dinging....
And that's on top of everything else we know about or think we know about...
Exciting times indeed.
GLA
PBWU.
Nice One Miss Marples.
You tell him Kaeren.
Too many Yo Yos on here sometimes.
Hahahahahaha.
Very Good Post Kaeren.
That has opened my eyes.
I never knew that allergies were such a big problem and with the 2 allergic reactions to the vaccine that we have heard about already, plus the indemnity waiver the British Government signed, plus the $100 million us dollar law suit from side effects of previous US vaccines given in 2009 and the crazy short time this has been approved in, with minimal information given about the longevity or what it does to our DNA and the potential dangers, the writing is so clearly on the wall for history to repeat itself.
Maybe we should all be investing in the law firms that are clearly gearing up for some class actions...
If I was 90 years old I might give the vaccine a go, but I think long term mass quality testing, mask wearing, social distancing, practicing good personal hygiene, good diet and exercise are the correct solutions to get us out of this.
We all have to do our bit. IMHO
Peace be with you all.
This is quite Disturbing. Makes you think?
Let’s hope not.
http://news.bbc.co.uk/1/hi/business/8234533.stm
Good Research HWS
Do you know when they sold?
I guess with that volume they could easily have manipulated the market by selling the whole lot in the morning know this will cause the price to fall and buying back at the death. Risky business? Or was it a simultaneous sale and buy?
If it was neutral the share price would be unaffected. Maybe they bought back more than they sold??
Not sure how it works. Interesting though.
PBWU
The shares were bought in France in the dying seconds of trading. So there was no time for UK prices to be updated.
This will take place overnight and reflected in the opening price tomorrow morning.
Hope that makes sense.
PBWU
What are you talking about BW??
If the shares have been bought they have been bought.
You don't buy the shares and get people to sell after.
What are you like??
Seriously!
PBWU
WOW!!!!!!!
Is it just me or is anyone else not very excited about this.
STOP THE PRESSSS
Someone just bought 3% of the company's shares in one go.
17.8 million euros.
That is a lot..
A ****lowd of money.
They Must have high conviction to invest that sort of cash, where we have all put our money.
Gives me some comfort to feel that people are prepare to put that kind of money here Today.
Maybe I'm not as silly as all that...
Hold tight. Your patience will soon be Handsomely Rewarded.
PBWU.