Member Info for PI100

Another desperate tweet put out a few minutes ago. Should help add a few hundred quid to what will be utterly dire q4 revenues. https://twitter.com/novacytgroup/status/1603013805948260352?s=46&t=BFeHXbNtVLalKNdVt0oDMw

Utterly pathetic.

A lot is happening? What? The company have told us absolutely nothing in this regard so where is this info coming from? I ignore all the utter nonsense on here where some people see a tweet and tenuously link it to massive companies or contracts etc. I want to see real, tangible detail - to date, there has been absolutely none. It looks like the company is being run as an owner managed SME rather than a listed company with ~£95m in the bank.

What is it then, BH? What was that random hike due to, given that there has been zero positive information? And why are we now back to pretty much where we were before that random rise?

It's not a pump and dump, they said. No, of course it wasn't.

Contracts for what, PROP? Covid tests? It's almost 2023.

At least we may start to see some cost savings from all these useless directors leaving post.

There isn’t more to the it. It’s an absolute shambles.

All the big cheeses leaving a sinking ship. I wonder what they know.

Market not a fan, we’re getting slapped again this morning

It doesn’t go that far when you’re losing millions each year with no strategy to improve it. Plus having to pay, what, £11m to GM for the second part of his LTIP windfall?

Plus the elephant in the room that it’s gone in an instant if the dispute goes against us

Apparently was ‘responsible for the groups global commercial strategy and its execution’. No loss then.

DHSC are in no rush whatsoever and look like they want to destroy companies such as NCYT so it could drag on for many years. As for communication, does NCYT have a comms dept?

Observed. Sounds about right; reactive and passive as ever.

Of course they don’t, they’re too busy thinking it’s 2020 and producing covid tests.

Pathetic as ever

Intrigued to see tomorrows Rns to give a bit of context to that sudden drop today. Imagine it’d be far more if unfavourable dispute related so fingers crossed not that.

What random tweet are you referring to?

Shock, the Torygraph is blaming the NHS. Nothing to do with them bleeding the NHS dry, of course.

Unfortunately, the likelihood is that cheap **** will be purchased from China rather than backing UK diagnostics. We saw it with Covid and we'll see it again.

I'm getting berated for calling it a p&d, but it's literally a p&d. 13% up at one point, hour later 7.7%

Dump literally happening intraday.

Saintsmith - I can guarantee you the day I finally sell all my shares in this utter dog of a company I will never post here again. I still hold what I have held for a long time so stick around for the occasional nugget of information amongst all the drivel. In fact, once I'm out I'll likely never set foot onto LSE again as it is generally a complete cesspit. But it is similar to twitter, a complete cesspit but with nuggets of information/news not reported in the MSM that it is just about worth sticking around for.

Of course it is good today, but the point is I think it's a p&d so will drop back almost as quickly for the rest of the week, as it did last time and the time before that and the time before that.

If we get an RNS that says we've sold £10m worth of something and the SP rises 20% I'll be the first to say that's great news. On news of no substance, however, I won't.

If this was 2020 or even early 2021 I'd be excited at an RNS announcing a covid test approval but we are almost in 2023 and Covid is a distant memory, unless you are in China.

The RNS announcements that will excite me are:
- favourable dispute resolution
- serious changes at board level to increase competence
- proactive investment of the cash (if the government don't end up having it all away)
- genuine future strategy backed up by evidence, rather than just plucking a number out of the air and saying that's going to be organic revenue with absolutely no factual basis.

As yet, we've had none of the above.