RE: Shorts3 Nov 2021 22:37
@Sir Digby, I suspect you are right but everytime I post relevant facts about whats happening at the coal face, my posts always seem to get pulled.
Personally I'm not really that arsed but I just get miffed when I see others talking absolute B@11@cks.
I'll reiterate what I said last night.
1) 100s of Q machines already deployed into the UK NHS market, other countries do exist, so in total many more are out there.
2) These Q machines have proven to be both usable, efficient and accurate.
3) Said instrumentation is now well established, embedded and now providing a valuable role in the fight against Covid. The labs I'm in contact with are using it for AED patients.
4) Given the breadth of the Novacyt catalogue of tests, labs are already looking at how else they can use these instruments, or indeed buy more of them.
5) Novacyt are engaging with their user base to find out how they can help in other areas, of which there are many.
6) The Q instruments are now a gateway to changing the method of delivery for diagnostics, instead of centralised lab testing, it can now be reliably used as a point of care test.
7) CoPrep makes this even easier and removes user error.
8) Novacyt are far and away the leaders in this new field of diagnostics.
9) Their remit goes way beyond human infectious diseases, quicker cancer diagnosis, animal testing, environmental testing, food production industries, honestly the list goes on
10) They have a very healthy revenue stream from Promate that will continue, IMHO for AT LEAST another 2 years globally
11) They are now embedded in the UK NHS market, they can leverage this platform to sell a greater variety of tests into this market and are asking their users to help shape this development.
12) It's very early days, mistakes have been made but its never anything to do with the R&D, which is what they are best at.
I could go on but I'm starting to bore myself now. Bottom line for me is the fundamentals of the company, Covid will provide a financial platform that will enable them to mature and develop quicker than even Novacyt thought possible.
Long term hold as I've always said.
I'm not happy with the SP atm but happy to wait it out, quality always shines.
Think I'll copy this post so if it gets deleted, I'll post it again and again.