Member Info for pione3r

Ollieh

It isn't my argument. But I personally see NCYT in a shrinking market unless wave-2 arrives. Also the financial report wasn't exactly a blockbuster.

I'm disappointed as I hoped for over £6 but now I fully expect it to go lower than £3 unless there's a bigger news.

All the best.

I sold out at 320p after reading below post from knowledgeable investor on ADVFN. Probably the best structured and well researched contrarian view that made me see no further value in NCYT.

"PWhite73 - 14 May 2020 - 18:40:54 - 23158 of 23411 COVID-19 - NCYT
The Roche antibody test is in direct competition with the antigen tests indeed it is superior. The antigen tests will only give you a result at the time you took the test. This is the main problem. So you can take the test today, test clean and be infected tomorrow. A fat lot of good that is to anybody. Furthermore this is not widely known but the antigen tests is extremely uncomfortable. Many people take it once and never take it again. You don't just stick the swab in your nostril like you would when picking a bogey the damn thing goes up to your brain leaving many bleeding from the nose.

The antibody test is a serology test (blood test) much easier and will tell you if you've had the virus so offering you a degree of protection.

It has come as a surprise to many of you hardened supporters to witness the size of the fall on a day that you should have been celebrating. It has come as no surprise to me at all. Only £6.56m of cash was generated up to 30/04/2020. If you take out their normal revenue of say £1 million. All that the Covid hype has generated is about £5.5 million of cash before many tests have been delivered. Yes! clients would have to pay upfront or part of the money upfront first. So there is either no money coming from the UK operations or the international operations.

I warned you all but you wouldn't listen. I still believe the entire Covid-19 operation is non-profit making and indeed perhaps even loss making. I note there was no mention of profits in the update only material changes of their financial position. However this will all come out in the September 2020 interims.

In October 2019 this stock was trading at 7p. My first post here was to warn you this is where it is heading again. After today's RNS I am even more convinced it will be back to 7p in October 2020 on the one year anniversary.

AVOID."

"U.S. approval of a new antigen test to rapidly screen people for the coronavirus “is a real game-changer,” said the former head of the U.S. Food and Drug Administration.

The emergency use authorization -- the first ever by the FDA for a Covid-19 antigen test -- was granted to San Diego-based Quidel Corp. late Friday, according to a notice from the agency."

https://www.bloomberg.com/news/articles/2020-05-09/fda-authorizes-quidel-s-antigen-test-first-of-its-kind-in-u-s?utm_content=business&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_medium=social&utm_source=twitter

New kid on the bloc. Not sure what the impact would be on SNG.

"U.S. approval of a new antigen test to rapidly screen people for the coronavirus “is a real game-changer,” said the former head of the U.S. Food and Drug Administration.

The emergency use authorization -- the first ever by the FDA for a Covid-19 antigen test -- was granted to San Diego-based Quidel Corp. late Friday, according to a notice from the agency."

https://www.bloomberg.com/news/articles/2020-05-09/fda-authorizes-quidel-s-antigen-test-first-of-its-kind-in-u-s?utm_content=business&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_medium=social&utm_source=twitter

New kid on the bloc. Not sure what the impact would be on NCYT.

https://gulfnews.com/business/markets/uaes-nmc-health-to-delist-from-london-stock-exchange-1.1587970965247

"NMC shareholders live on hope

Whether they are the big institutional investors or private ones, the NMC de-listing will only raise collective anxieties. Especially among the small investors, who had come on board when the stock was flying high and it seemed nothing would bring it back down.

Now, they will have to wait until the administrators manage to find a new buyer or investor, and they decide to buy out the shares that were floated on the London Stock Exchange."

Not keeping hopes up, but there maybe some fractional value. The delisting process makes sense to save cost.

You two gamblers. DO NOT BUY ANY STOCK till vaccine is not ready and stimulus are not rolled out by UK and USA. Till then every stock is going to drop.

Only buy Gold till then. Remember how it doubled in 2008/2009.

Adzy, there is a delay to inevitable. I've got the timing wrong but not the outcome.

How about your smug calls? Call after call you're getting it wrong but claim to be "hedged". Your patronising attitude gets me.

Yup, that $2tr stimulus was the last shot. Yet Dow crashing.

Covid hasn't even peaked yet in US and they want to reopen on 12th Apr!!!!!!!!!!!! Once it is over, the unemployment rates, corporation debts etc would make any investor nervous.

Once Covid is over in the UK, brexit to worry about. Who in the right mind would invest.

Of course, can't dictate timeline. Egg on my face for expecting MTRO to fall on Monday. It is now delayed inevitable.

But point is, learn all lessons from 2008 and hedge yourself. There was a bounce before mega crash, that's what we going through. Likes of Adzy busy buying stocks.

Gold breaking out. Still you can get into at 1620. Will cross 2000 this year.

Next year you'll hear adverts "We buy any gold".

Jeez, markets about to crash sooner than I expected. The background motions getting uglier. Fully expecting 30% drops.

Hedge yourself people. Buy Gold or inverse currency ETF.

I said buy Palladium at 1700, too late now.

No, I'm changing my position with the market. MTRO had all the ingredients to do Ocado. But that stock is hated by it's major shareholders and loved by private investors.

I was loyal long like you pre results day. SR called it short, I got out before the mega drop.

Pattern is repeating again. I've learned, don't know when will you learn.

Simple indicator for you, if Voleon have not reduced, don't hold and don't fight the market.

Hey BS, I'm doing matlot. Things in motion, the timings are not right, I wouldn't want to close my short this weekend etc.

You've been gifted an opportunity to close today's high and buy cheaper later. You cannot be celebrating today's 100p down 48% from last month.

Appears to be part of restructure process to reconfirm major shareholders.

Biggest mistake is loving and being obsessed with any stock. Just numbers.

Probably wise. Absolute hard work to even make 5% on a day just to lose it the other day. Once mass sell off stops, the steady downward trend will continue.

Only thing you should buy right now is gold.

Anyone bought Palladium at 1700? Smashed 1900 this morning.

"Pione3r - please short my stock now. I dare you."

Lol already did, and already out looooooooooooooooooooooooooool

Just went long again from 115 again to 124.

There are no calm waters at the minute. Can't hold any position and celebrate.

adzy, it appears you're celebrating today's volatility. Confirms you aint pro but you elude to.

You seriously think this would be a great V shape recovery.

What happened today? Hedge funds rallied the stocks to close out, and retailers went in hard. This is going to get uglier.