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I haven't seen a real reply here to justify the slide but maybe there just isn't one. Oh well, time to sell all at a loss and put it into JANGADA MINES. /s

I still have faith in this share but it is pretty painful to hold. If anyone can give me legitimate reasons why the share slumps day on day I would love to hear them. It feels like this is horrendously undervalued and I still cannot fathom why. My list of possibles (although I don't see why anyone would put credence in these for the reasons I outline):
1) DHSC dispute still pending ( - drop in revenue has already been more than accommodated for in the price in full, but partial payment of the contract is highly likely)
2) Lack of news flow ( - when there are releases they are huge, and despite them the SP doesn't rest on a higher support, it just keeps slumping)
3) COVID is ending ( - I mean this is just flatly false, we have more virulent strains and still very much at large globally not to mention risk of mutations, but even then NCYT has other product streams)

There are other theories such as MMs controlling SP, dual listing in France, short term traders etc. hurting the SP but I don't give that much credibility to these as even these should return to the fundamentals over the length of time we've seen. The financial health and outlook for the company seem amazing. If anyone has any ideas (including undermining my assessments here) I would love a solution to this mystery.

I got involved with CARD looking for a reopening play at 35p and bailed at 70, bought back in at 77 and bailed again at 90 because I changed assessment on wider market trends. Just very lucky but also largely driven by DK Value piece (https://dkvalue.blogspot.com/2021/02/card-factory-be-greedy-when-others-are.html). They recently said that the £70m cap increase destroyed their valuation and they had sold their stake (https://twitter.com/dk_value/status/1396717253484335108). Announcing that you are likely to do such a big dilution so far ahead of time allows the SP to freefall in that time, and then the raise will be an even greater dilution. After this, if the business still looks positive I might come back in, but atm it seems like a short term drop regardless of how good the company's financials are compared to the SP.

I agree L&L, they just said the issue has bled over into Q1 2021 and is still unresolved.

Meanwhile less than an hour ago NCYT publishes a paper showing that a new rapid testing was able to identify variants of concern present in over half of the random samples when we are currently at about a 0.25% detection rate worldwide because the tests used aren't sensitive to variants. That seems massive to me. No RNS though :)
(https://twitter.com/NovacytGroup/status/1395663408511569920/photo/1)

In terms of lack of meaningful content, spooky undertone and foreshadowing, short and vague literally no upside. In sentiment terms this is a horror show.

In terms of the SP it allows me to buy some up from those who scare easily :)

Ah OK, thanks. Didn't know how UTs worked toll now but it explains why there is a significant discrepancy with the ordinary SP.

On Yahoo Finance and Google, but not here, I'm seeing a huge ~11% drop in the last half an hour of trading to wipe out any rise in the SP on the news. Very surprising to me but hopefully it will bounce back on Tuesday and continue the momentum upwards.

I think what we're seeing is pretty natural - the RNS was huge and should probably have been spread out to avoid the attention of the swing traders. The company was undervalued before the huge drop and is still undervalued, but I think the volatility is affecting sentiment from potential new LTHs and AIM is all about sentiment. Hope we get more regular, smaller news flow in the future.

I am bullish on UFO but for all those jumping out of their seats and making big predictions, please just zoom out to the 6 or 12 month view on your favourite charting site. I don't know where this came from but it looks an awful lot like a number of other "trend breakers". I am hopeful but I really distrust these spikes smashing resistance levels on no news.

Bought in this morning because this looks exactly like IXICO from a week ago to me. Losing one (major) client doesn't kill a business and certainly doesn't warrant losing 40% of the SP when it is a growth company and the fundamentals are criminally underrated anyway. I was certain that the share would immediately bounce back so I got in at 440 - turns out I was wrong on that front.

The last week and a half, apart from today, has been SOLID green. No seesaw on the way up as people take profits or try to scare people into thinking it's a pump and dump. Here is my analysis (correct if I'm wrong): CARD has significant debt and only had enough cash to survive till April / May without raising more money. The first few days of this rise were just a re-rate after BoJo announced that the opening up in April as CARD can then generate cash flow. The P/E and Price / Book ratios were insanely low when trading at the bottom of 35p. Yesterday we saw 30% increase because of rumours about the budget being kind on business loans, furlough scheme, business support etc. which has been priced in now. Imo around this SP, 70 - 90p, is accurate for CARD until we see how the high street comes back online - price / book is now just over 1, levels near what CARD was just pre-crash. The short-term cash situation was the thing really keeping the SP below it's reasonable levels, and the next year may have some really strong growth if the recovery goes well.

Definitely this is (possibly) a cherry on top of a currently non-existent cake ... I personally don't see Uskmouth getting rejected, but there is that risk, and it has been a while in approval from NRW. That will be the real SP moving news (up or down). The data center would be great for local consistent energy demand and is a signal for growing demand from regeneration projects, so I see it as a growth multiplier for the area.

https://democracy.newport.gov.uk/ieListDocuments.aspx?CId=132&MId=8031&Ver=4&LLL=0

This meeting is happening right now to approve a data center which will be supplied by SAE. pg. 9 of the agenda says recommended to be granted with conditions.

If this and the rumoured green budget are positive, could be a bumper afternoon for SAE. They may release the news immediately to ride the budget wave.

I had a tiny sliver and decided to sell at 1.05 because I couldn't see it recovering much with 150% dilution to the SP, and even then only over the long term. Jumps to 1.18 a couple hours later. Unlucky!