Member Info for Naewise

... is the seeming lack of interest/investment from II's considering Nova's enormous potential on the world health diagnostic scene. Is the feeling that this is solely attributable to the DHSC contract mess? If so they, like us mere PI's, must realise we are close to a solution which begs the queation why are they are still not dipping their collective toes into the water given the low SP. The recent excellent Investors' Meeting must also have put minds at rest not to mention the immminent release of news on saliva LFT test front etc. All rather strange. Thoughts anyone?

The post heading was self explanatory and gives credence to the worsening Covid situation which is now being eclipsed by the Afghanistan situation. Just skip over if not interested. HKK - sorry to hear about your worrying health condition.

I am particulalry looking forward to seeing the eventual benefits of our new CEO to Nova with his background in Corporate strategy development, business development, global marketing, global market access & global business planning and analysis. This area in my opinion needs strengthening and our light has been largely hidden under a bushel. Doubtless he already been planning a course of action in his mind. Quote - “I am excited to be joining Novacyt at a pivotal phase in its development and I am looking forward to building upon Graham’s outstanding work with the business over the past 13 years. Novacyt is poised for its next phase of growth and I am confident I can lead the Company effectively through this period, working closely with the excellent management team and Board to make a significant contribution to global health and deliver sustained and ongoing value to our shareholders.”
Roll on October!

Kaeren. ShaunP's last but one 'savage' post was the biggest surprise to me. He actually showed some emotion and here's me thinking he was an officer and a gentleman :) As Jimmy Greaves used to say, 'It's a funny old game!'

Dispute with DHSC has been dragging on for almost 5 months now. I imagine this will be at top of GM's list of tasks to do before departure.

Will the momentum continue or gradually fizzle out or rocket with an announcement on the closure on the DHSC contract or a saliva LFT release? Will VanV/ShaunP return in contemplative mood? Will Porky finally admit to being GM and thank shareholders for their contribution towards a golden retirement -- all will be revealed soon...

Thanks Fruitsnveg - must admit that thought went through my mind.

Docdaneeka, Meelie and others - many thanks for your input. I do keep up with most of the posts/RM and Holgate interviews by the way. NCYT also went through a manic period with a 60% drop in SP due to a refusal by the DHSC to pay for certain products. I held my nerve then when many bailed out and it's all coming good now so the chances are I may do likewise with SNG. Part of the problem with NCYT was a lack of communication from the BOD and a poorly worded RNS. This may sound a naive question but laying aside Covid, does SNG have any distinct advantages over competitor products re other serious respitory illnesses?

I understand that - thanks for your constructive comment.

I am heavily invested in SNG (as well as Novacyt) but am becoming increasing concerend about my investment in view of all the competitor drugs coming on the market the latest being Ronapreve which prevents infection and reduces the need for hospital treatment and has now been approved for use in the UK - all great news for mankind! However, rightly or wrongly, I am beginning to think that if SNG does not become available by the end of this year, it will be overtaken by equally good if not better products. A buy out by a big pharma, therefore, may be necessary to give it the huge boost it sorely needs. I appreciate the drug also has other benefits re respitory infections. I bow to the vastly superior knowledge of many on this bb but unless I hear a comnpelling enough argument for SNG, I think I will be forced to substantially cut back on my SNG holding and plough the proceeds into NCYT which has a far wider range of products and is now on the rise. SNG comes across as too little too late sadly. I am not a deramper.

ShaunP in the main was a very rational unemotional chap and kept this bb's feet on the ground by pulling together much information, stats and research in the form of spreadsheets gleaned from astute PIs. He kept our feet on the ground. He had retired and invested much of the family silver in NCYT but when it went pear-shaped he, to everyone's amazement, became uncharacteristically bitter and damming re the company's fortunes which dismayed many of us. I believe his last post was removed. I cannot recall if he kept a small holding but it would not surprise me if he still tuned into this bb. I hope he is now at peace with himself as he clearly had a very traumatic experience.

Whilst I admire Porky's enthusiasm and appreciate all his effort and research, I think his countless posts have become counter productive . Many will have been sucked in by his high SP comments and either sold out disilusioned at a big loss or be left with massive worrying losses. May I respectively suggest he reduces his number of post by at least 50% to give some sort of sensible balance to this great bb -- it should not be utterly dominated by one poster. I for one lay far more store on balanced posts from the likes of HarChris, RB invest, Soder, Kareen and Poidster. Let's appreciate the turn round in Nova's fortunes -- I for one would be more than happy wth a year end SP of £7 -£8 -- the rest is icing on the cake.

Another 50k top up from Porky should do it :)

Good post Obelix. Let's completely forget about the £54 which has done more damage than good I believe. I will be delighted if Nova touches £7 - £8 by the end of the year. There is a fair chance this will happen especially if the DHSC dispute is settled and LFTs are released soon. Our new man may also come up with a few bright ideas once he gets his feet under the table so we have quite a lot to look forward to.

(following yesterday's presentation), the situation re our saliva LFT please. Did I gather it has not been cleared yet? Something was said to the effect that LFTs would not be released whilst the Govt were giving them out free of charge. Saliva tests would be far more acceptable with most folk particulalry children. Another untapped nugget!

Doubtless it has cheered our BOD also and may encourage more Investor Meeings!

Over 500 viewers so doubtless there will be considerable feedback for them to chew over.

Submitted mine

It would not surprise me if it hit £4 after Investors Meeting. I am really keen to hear what progress is being made on the diagnostic front.

Up 12% so far. Hopefully more to come!