Member Info for Morningsun

Your missing the point Mike.
Gggg21 was one of the biggest pushers this company.
If he traded on fear or instinct or whatever no worries. I would have understood. Even Kaeren did, but she came to her senses3.

However he just slated the share by stating
"If they drop this to silly on monday i will be getting back in."

So he's not even getting in. He's only getting back in at silly numbers.
As I say, traders delight. Lost all confidence in anything he says.

Not influence my decisions, just showing people for what they really are.
Make up your own mind.
MS

Sure, all nice and so on . In the mean time one of the biggest 'pushers ' of this company that I used to respect a lot for his research has declared himself out and has not been here again to respond for the past 8 hours. Sure.

He actually said "If they drop this to silly on monday i will be getting back in." So not even getting in, just getting in at silly levels,.
So he's gone from £70 per share to silly numbers bit at current he is not getting in again.
Shocking.

Traders delight.
MS

Haha Tilly,
She actually knows what she is talking about. So I stay out of it and just drink the champagne ;-)
MS

I don't pick horses Tilly. The missus does. I just make the cash available and enjoy the day. Well, when we were still going to ascot that is. Good old days of joy and mingling.
Now nothing moves.
MS

@Hobione,
Anyone predicting Monday's SP is just wishing.
The week will be very unsettled. Traders like who we have seen today will make full use of it.
Nothing to do with actual value.
Past the week i think there is no other way but rise.
MS

@wilson, that is exactly my point. What about the hologic buying that Finnish PCR company for twice our MC that had an annual turnover the same as our non- DHMC revenue in Q1. And the whole post storm after that reveal of the hologic buy with all the multiples of our MC at the time.
To now being out...

I'll wait with my further posts on the subject until we have heard from gggg21.

MS

@gggg21, your post at 14.28 today
" If they drop this to silly on monday i will be getting back in."

So you're telling us you sold out?
MS

So Dodge, i guess yuu have sold then yesterday or wasn't invested anyway, because when you expect £3 per share then the downside is just massive. Right?

Begs the question "why are you posting "? Just to tell us more doom and gloom is to come. To help us poor souls? Haha. No need.
Goes with the title of your initial post, doesn't it?
MS

@Dodge, not going to use your post title as that is there for a reason.
What you posted lacks any foundation. It values the company at £216 mln.

That is just nonsense.

MS

@RMB, and I think therein lies the issue with ncyt currently.
They are very good at being ahead of the market development.
They are less good at the marketing side of things.

They play the game like the big boys, and I get it why they do, but if they then get pushback as they did this week, the impact is much higher on us than let's say one of the big companies, because said contract is a large part of out turnover.

I'm sure things will turn out well as this drop is ridiculous, but by the same token, I think the approach to market and shareholders that GM has taken, and don't forget the dumb videos he had all the time to make apparently, has not played out well.
So, I really hope he has an ace up his sleeve to get over this as commercially having to tell the market that you are in legal dispute with your 50% turnover customer is never great. It should have been solved commercially prior to having to put out this RNS and yes if that means dropping the price then that's what it has to be. Just make sure you keep it under wraps.
MS

JM, it seems to be that the BoD is putting the pieces in play to go at it alone. This is a game of chess and they are playing with very big and experienced players. So, they have to be ballsey. Hence the appointment and the japanese links the rosgeo JV for 104 mln Oz and the option for a capital raise, which we don't need as we have a producing mine....
I see it as just another chess move to drive up the price.
MS

JM, it seems to be that the BoD is putting the pieces in play to go at it alone. This is a game of chess and they are playing with very big and experienced players. So, they have to be ballsey. Hence the appointment and the japanese links the rosgeo JV for 104 mln Oz and the option for a capital raise, which we don't need as we have a producing mine....
I see it as just another chess move to drive up the price.
Ms5

Sells are 5.3 mln.
Buys are 3.1 mln.
Total volume is 8.4 mln so that adds all up well.
So who bought all these 2.2 million shares then that were sold more than buys?
Surely there is not some entity accumulating for a fiesta on Monday?
MS

Exactly Porky. That is the only way of looking at it. The rest makes no sense and in my view is trading on fear. I guess many have done what you did and now realise that the bottom is not falling out of this (as much as some like to spout on here and NOT give any reasoning for the crazy low numbers they spout) as the fundamentals are still very good.

Remember the Hologic buy out of the Finnish PCR company. I cannot say this often enough, they had an annual turnover same as our Q1 non-NHS figures.... They were bought for twice our current MC. Crazy.

Just look at the figures and that says it all.
This is way oversold.

MS

Well, and following my analysis below ;-) I have done exactly that. Averaged up at 4.52.
Happy days.
MS

Thinking of that griproom article, the lack of comms of the BoD and now this 'may have' impact and 'contract dispute' where the company has legal advice that they have a 'good case' all put together that this could be a manufactured drop. Maybe for a buy out?

Yes I know, this is another conspiracy theory and I'm not really into them, but then again, I have come to expect everything on AIM.
This drop is madness, however you look at it and it will not last.

Therefore thinking of selling in another great potential share and averaging up here.

Think of it what you will but what happens here today makes no sense.

MS

Kaeren, all,

although I think everyone is disappointed, the RNS actually states 'may have'. Not 'has' a material impact.

"Regrettably, the parties are now in dispute regarding the contract, which may have a material impact on Q4 2020 revenues."

This is way overdone.

MS

@Pale, you are only looking at the negativity.
The upside is that 50% or £36 mln was made on other than NHS contracts.
That is more than that PCR company that was bought for USD750 mln by hologic made in a year.
Our MC is no almost half of what Hologic paid...
Think before you write.
MS

Funny Saintsmith (well, not so much) but I thought the same when I saw MH this morning saying that about prices.
Negotiating tactics.
MS

There is absolutely no truth in that Mark1973. Contract disputes happen all the time.
That is why contracts are there.
MS