Member Info for Naewise

In his Personal account column today, Ian Cowie touches on ITM one of his biggest shareholdings. He says quote: 'I expect the UN climate change conference due to take place in Glasgow in November, to herald rising government initiatives and stock market valuations in this sector. Remember that a commitment to cutting carbon emissions is one of the biggest policy decisions between Joe Biden and his predecessor. The sandstorm that enveloped Beijing in a choking cloud of air pollution last week reminds us why environmental protection and pollution reduction are two of the few areas where America and China agree - at least in policy, if not practice. One of the first things PM Boris Johnson did this year was to move secy for state for business Alok Sharma, to full time president of the UN COP26 climate conference. I suspect we will hear more about going green as the year goes by and this ethical investor sincerely hopes to clean up.' Unquote. I have held ITM for some considerable time and will buy more on any subsequent drops. The scene in August may prove very good news for shareholders!

Ravenox. If it's of any consolation, I suspect many of us are in the same boat and have sold off the family silver. News of a new contract is of paramount importance so fingers crossed we hear within the next 2 - 3 weeks to lower the pulse rate. A timely follow up later of our financial situation would be the icing on the cake. Being optimistic, I think our next 'worry' but a nice one, will be in deciding whether to reduce our shareholdings to a comfort level and I anticipate a bumper number of posts advising the pros and cons.

I am sure James A will want to leave on a high in terms of SP remembering that he personally must be holding quite a few shares thereby has a vested interest! He has 12 months to achieve this so it will be interesting to see any change in strategy. I will be holding for this period and buying into any further drops. Let's see how it develops.

The Sky's the limit now on Nova SP!

Contract news must surely be imminent now. Looking forward to another blue day. Suggest frustration now all behind us with a plethora of good news soon to be released. Glad I topped up again late yesterday!

Absolutely astonishing - best news to date!

@B2HS2L. Thanks for comment ref RNS ref LAMP. I never picked that up so you could well be correct. However, there are plenty more goodies in the pipeline and I think LAMP may well make an appearance somewhere along the line.

In the business news on Radio 4 this morning it was mentioned that the government was putting little money into green issues and Hydrogen was mentioned. I suspect this is the real reason. This from a Govt. that brags about being World Leaders in Climate change. More bluster and porkies from our PM -- Oh for a decent world class leader with scruples! Wouldn't it be nice for ITM developments to be shown as an example at the GT summit in June or the United Nations climate change summit in Glasgow in November.

@Johnk73 Yes, I appreciate that but notwithstanding all the onerous documentation there would still be a need for a permanent Company employee to keep firm control of this vital area working in liaison with various other departments. It's the Interim Warehouse and Logistics Manager's position that puzzles me.

... Nova are appointing a permanent Shipping and Transport Co-ordinator but only a 6 month fixed contract Interim Warehouse and Logistics Manager? Could it be they intend outsourcing this growing aspect of their business (as many concerns do) or will they ride piggy back on AZ's long established Global logistics set up?

... is the start of things to come and that we enjoy a steady drip, drip approach of RNS's over the next 4 - 6 weeks, gradually building up the SP to the big one -- an extension to or new lucrative contract! I suspect the next RNS will feature LAMP - bring it on!

Tell Han**** to position one in House of Commons bars and get these blighters back to work!

Blue or red day?

Ready for take off!

... if nothing else but to boost morale - this part of the contract with the DHSC announced 29th September 2020 : The second phase of the contract, which is optional by the DHSC, allows for the provision of up to 700 additional PCR instruments, related kits and support services, as well as additional COVID-19 products from the Company's portfolio where required. Depending upon the uptake, phase two of the contract could generate considerably more sales than the first phase.
The intended use of the contract is for Novacyt to support the urgent requirement for COVID-19 testing of patients in the NHS. In addition to the provision of products, the Company will also provide training and maintenance services for the q16 and q32 instrument platforms.
Novacyt has the capacity to meet the demand of both phases of this new contract, as well as to continue to build its sales across international markets.

...I feel like as if we are in a straitjacket at present. We need to burst out and all together sing the words of NCYT to the tune of YMCA: Perhaps GM will hear us and be sympathetic. All together: Young man, there's no need to feel down
I said, young man, pick yourself off the ground
I said, young man, 'cause you're in a new town
There's no need to be unhappy
Young man, there's a place you can go
I said, young man, when you're short on your dough
You can stay there, and I'm sure you will find
Many ways to have a good time
It's fun to stay at the NCYT
It's fun to stay at the YMCA Pause - knock at the door as two burly men with a black van summonsed by worried neighbours arrive to carry me away......

The leaves have all been shaken off the tree now -- only us hard nuts are left :)

https://www.travelweekly.co.uk/news/air/british-travellers-cautious-about-paying-for-covid-pcr-tests

Kitzie - you talking about me? I have pressed the buy button so often that the type is wearing off :)

On page 6 of the ST ISA Special Supplement the top ten most popular buys from the AIM last year by investors from Hargreaves Lansdown included Novacyt. This write up may result in a useful surge in buying activity on Monday as the weekend press can enthuse PI's. Mind you, last Friday's buys were pretty heavy making not one IOTA of a difference to the SP. Something has to give soon surely.