Member Info for PeterBuc

@WBA I'm no authority on mental health issues but when we've experienced a financial setback, it does weigh heavily on your state of mind. I'm thinking quite a lot about my losses. Maybe we need to reconnect with what is important in life. We are more than the sum total of our investments. If we have a good standard of living, good health, hopefully good family and friends then we have a lot to be grateful for. If you can make a difference to other people, and as a GP you can do that, then let that be your focus in life. You'll always be kicking yourself for what looks like a bad investment decisione but as DRB83 says, it might still come good in time. If it does, still put it into context with all the other positive things we have going for us. Count your blessings as one old hymn used to say!

The lack of news from the directors is frustrating. What makes it worse is that, on the one side we can see minute by minute what the share price is doing, and we want to balance that with having the latest information from the company. Companies issue their RNS's when they are good and ready and that means we have to be patient. Patience is so difficult. It was easier when I put my funds into a 2 year savings plan with the building society. I ignored it for those 2 years but knew what the interest would be at the end. Interest is a thing of the past, so now I wait impatiently for my shares to improve and reduce my losses. I can't hurry the company up. I just have to wish DA all the best in getting the company moving in the right direction. My shares will hopefully take care of themselves by then. Incidentally, I talk to my wife about my shares when they are doing well. When I say nothing she knows it's not good news. I haven't mentioned them for a long time now!

Today's RNS said there are 9 products awaiting approval. If the UK Health Security Agency does approve them over the next few weeks or months, should NCYT issue that positive news when it comes as 9 separate RNS's. I'm just thinking if that will have a positive effect on the share price. I hope so.

Blue83 "What planet are they on to not have any idea of what they expect next year?"

I'm sure that David Allmond will be looking at next years sales targets very closely and will know exactly what they are expecting/requiring . I'm not sure at what stage they would inform the financial markets. Probably once they know they can achieve them. That doesn't help us any. They must know what sales contracts are in the bag, and what is speculative.

It would difficult not to describe the AGM as boring, but AGM's have to be done. If the resolutions had been voted down, that would send an unfortunate signal to the markets. At least we avoided that own goal. GM remains a shareholder. I guess he won't be joining us on here :)

Hi Globetrotter. I don't claim any great insights here. All the bad financial news seems to have been provided for in the accounts. I've seen many CEO's and FD's arrive at a company and get all the rubbish out on the table and written off, and move forward looking good. I'm relying on the skills and creativity of the R&D people and the ability of the CEO and team to make progress. It might take a long time, I grant you that. I live in hope!

We wish David Allmond all the best in his new role. The more successful he is, the more our share losses will reduce. Some LTH's have horrendous losses and that is not a nice place to be. I suppose this will be Graham Mullis's last day in the office - but coming out of retirement to do the AGM?? I'm sure there are good days to come.

@skeletor. I've not seen anything to say the Good Law Project are directly behind the NCYT non payment. I'd assumed that having received the GLP criticism, the DHSC have wanted to show themselves as being tough when dealing with other suppliers. That is my conjecture, for what it's worth!

I wonder if David Allmond will be relishing the challenge of taking Novacyt on to the next level. The accounts have all the potential bad news built into them. Investor sentiment is low. Share price is low. There has to be a lot of positives in the business. The bar is set very low for him. I wish him well in changing the sentiment, the finance and the share price. Please make my losses go away David!

NCYT are one of my Grand Old Duke of York shares. They march you up to the top of the hill and march you down again. And I'm never sure if I'm half way up or half way down. This time, last month the shares were just under £3. They went up and then came down. I guess they will do this many times in the coming months. Let's see where the new CEO takes us. Surely with the RNS ultra cautious realism on the accounts, the SP must take an upward direction soon.

There is an element or risk about any investment. Hemo, is very undervalued but as we saw today, ABDX release one positive RNS and the selling price is soaring back to the levels I paid!! Hemo can do the same. A lot of us have been waiting a long time for HEMO to enthuse the markets. Review the boards. Some contributors are very positive and well researched, such as @Justhereforhemo. I think your investment in Novacyt might still be a good place to leave your money. You need to find that somebody who knows exactly what tomorrow will bring. Let me know if you find him!

I was hoping that GM or one of the others would comment on the volatility of the share price over the past year. The presentation ended without it being mentioned. Then one of the feedback questions afterwards asked if I thought the share price under or over valued Novacyt. I really wanted to know what they thought!
Still they have more than enough to do in developing the company and they seem to be doing a great job. They get their rewards through their salaries and bonuses. If they keep up the good work the share price must surely reflect this. I’m underwater with my shares. Not as badly as some others on here. Let’s hope for a few more days like today and we can start approaching the surface so we can breathe again.
I’ve held my shares for several months but this is my first post on here.

Hi. I'm new to the group and fairly new to investing in shares. I've been investing since April in HEMO, ABDX and NCYT at good prices, so I thought! About 20% down on most of them now. I'm learning quite a lot on the message boards and interested in this post, as 2 of "my" companies are mentioned. I'm thinking that buying shares is a bit like planting potatoes. They sink into the ground but the benefits come sometime in the future. I need to learn patience.