Member Info for PI100

There’s no floor to this anymore. A year or two ago there was as there was hope of a post covid future, but results and lack of strategy have completely killed this as an investment case. Unfortunately for many of us it’s a lesson in investing and a wanting to steer clear of corrupt aim and small time, shockingly run companies by ‘executives’ on hundreds of thousands only pounds per year.

SP is now 12% lower than almost this time 5 years ago, when we had no cash (albeit with much better non covid sales). And the board do absolutely nothing.

It just dropped 6% intraday, with no volume.

Another 52w low. It’s relentless.

Nope, just you. Just the standard 0.5% drop on mine.

I’d be delighted but it’s not going to happen. How are we going from ~£6m annual non covid revenues to circa £100 in a couple of years, without another pandemic?

It’s literally not going to happen.

1. I didn’t deny that. I responded to your point about if 5k was all I had I shouldn’t be investing here. My reply was it isn’t all I have but it still a significant loss. And the total sunk in was 6k, 5k is the loss.

2. Bull****

Never said 5k is all I have - I may have messed up here but I’m not a total idiot.

WBA/ValJu - regardless of how much you claim to have sunk into this, it doesn’t mean anyone else’s loss isn’t as painful.

What is your opinion on the growth strategy then? Focus on the topic.

Bear in mind in a year we’re £13m cash down, ebitda down from 3m profit to 13m loss 2021 to 2022, non covid sales down 27%.

What part of that is ‘growth’?

These idiots need to speak and do something.

The old £100m a year growth strategy. Lol.

How much of it are we selling? Remember that non covid salsa in 2022 were, i believe, less than half of 2019. And that is in absolute terms, not adjusted for inflation. We have to assume covid sales will be as good as nil this year so it’s clear we sell very, very little. So ok, we have product but no one wants it.

Can only sell what the business gives him to sell. Currently we have next to nothing other than covid products, which no one wants or needs now.

Why on earth would Tata or Tesl buy from ncyt?

We know the reason for the marcap:cash situation - the dispute and, to a slightly lesser extent, losses year on year. Given our revenue was circa £21m in 2022 and we’ll probably bring in 1/4 of that this year, 2023 losses could be eye watering.

Why would he want to be followed by a load of disgruntled shareholders? He’s a sales employee, he isn’t responsible for the destruction of this company.

Executive roles at that level should be head hunted, not simply put on the website careers section. Although I wouldn’t put it past this amateur bunch.

BYP I imagine it’s because those of us 70/80/90% down can’t let go and are blindly hoping for a miracle. But you’re right, it’s total waste of time here. Really, we should know better other than to just check in a few times a year - end of jan for results, April for ‘guidance’ and whenever the AGM is. Other than that, it’s a pointless bb nowadays.

Yes, I know I post a lot so fully agree I’m completely wasting my time.

It needs to show in the revenue and profit (or reduced losses) lines. Worryingly, it doesn’t look like it is.

Come on, I’m being flippant. Not blatant lies. Flippant comment relating to the lack of word from the board and disgraceful decline in sales.

Can you share your evidence based workings to get got the 223m cash, please?

£10? What on earth are you talking about? Even if we won the dispute outright surely we’d only see the sp go to cash, remember we have no board, no product to sell, no comms etc

Why can't it get any lower Joe?