Member Info for Porky9

@Bluelight
I am happy to add to my current list and submit. No guarantees of course. I have made submissions already. I have adjusted the wording slightly, if you want me to change further, please reply otherwise will submit as follows: -

1. Shareholders have been materially let down this year. Can you confirm how you intend to create Value and restore their faith going forwards?

2. Why do you think the market only values you at just over £ 200m mcap with your earnings and cash at bank figures as high as they are? Your peers are valued 6 or 7 times higher has the market just lost total confidence in you?

3. Please justify why you let the Share Price continue to slide without comment or take any action to at least address shareholders and market concerns during this time?

4. How do you expect any AGM resolutions to be passed positively given you've cost investors huge sums this year?

The bourse q, the dividends q, the share buy backs q, acquisitions q, approaches q, have already been covered off and submitted.

Take Care

Pork’s

The creation of Novacyt Inc is designed specifically to address the US market. They have a Director appointed and are looking to add 10 staff. They have a trading (Postal) address stateside set up as a starting point.

Recently they have not only applied for product Validations in the US but moreover have completed all of the licence requirements to facilitate the tendering for MAJOR US government tenders.

Now we can't know if they will win any BUT I would say there is a good chance that they could secure a decent win from this region. Further, an acquisition stateside is imo highly likely, time will tell.

GLA

Pork's

@Johnykipper
Yes i am still taking questions to put forward if you have a sensible question to ask?
Pork's

Traders are fickle things, they want instant results however; as certainty improves along with sentiment so does the share price, as it rises it brings more confidence so for those that sell, more become interested in buying.

This is why you often see shares on AIM move multiple times very quickly. ARB was a brilliant example 9p to about £ 3 in six weeks.

I remain very confident here. as i keep saying SP is sh@t but the business isnt. Just a matter of time before the SP matches the fundamentals and i can wait, as wait does

Meanwhile, if its too hot in the kitchen you should sell, you shouldn't invest in ANY business unless you are confident in what they are doing. Mcap now is jut over £ 200m and they are fast approaching that much in Cash at bank, the SP is farcical but a great opportunity for those in no hurry, you pay your money you take your chances.

Volume is currently low, those here currently IMO are Investors looking at the bigger picture. They are more likely to give it more time, they are not chasing fast returns but the returns will come. Just a matter of being patient. I can do that, i'm sure many other can also.

Good Luck whatever your call

Pork's

It's a shame really, with the schools off at the moment the board attracts new names here to disrupt.

This is an investment, Novacyt are building a world class business that takes time to do, not six months. Appreciate we now live in an instant world but the business is generating millions in sales and building out their R&D and Bioinformatics capabilities.

If you are here today and unsure about what Novacyt actually do then i suggest you start by reading the company report:-
https://novacyt.com/wp-content/uploads/2021/06/Novacyt-AR-2021-2806-spreads.pdf

Next week represents a golden opportunity to engage with Novacyt during an Investor Q&A session. If you have not registered for this event do so here:
https://twitter.com/NovacytGroup/status/1423248422694539268

I for one am very proud to own a small part of this fledgling business they are making a real difference and as teh market catches on that they are more than just a covid play, so the share price will catch up with the fundamental values here.

GLA

We are supplying Promate to the NHS under the £3 bn National Framework deal agreed - I know this for a FACT

The H1 we are confident of within £ 2-3 million either side of £ 95m the H2 i believe could be significantly stronger, much depends on the additional revenues from travel testing, the additional product lines, if anything is secured stateside and of course how flu affects winterplex sales.

If the flu season is bad as predicted then sales will obviously be higher. We also don't know yet how they can further generate revenues via the bioinformatics division.

Hopefully next weeks Investor meet will cover off some points but all in all i'm very confident. Not interested in the odd shorter now even WQ know the pond was drained SP on the floor.

Only way is up from here,

GLA

@Butchers
You are so right and Israel is probably a good comparison in relation to infections following vaccination rates.

@AdeleK
404 last week, highest since March
Lets hope you or a family member are not in next weeks count....
guess its only a concern for some if they actually get Covid themselves

In the UK we have reasonable control due to high vaccination rates, of course same can't be said for stateside and other locations around the world.

However, despite our control here as @troublesome pointed out the rate should be falling NOT increasing.
Stay safe

Building up for quite an event next week
Lets hope some new investor funds are also joining the event and get a further understanding of how great this company is.
https://twitter.com/NovacytGroup/status/1423248422694539268

I have already submitted a range of questions, happy to forward any others if you are unable to get involved.

On the Bioinformatics side, which employs 40 staff so a fairly sizable division, they have now analysed over 2 million sequences. This really is incredible, hats off to them...

This is history in the making, they are world class. Seriously, its a matter of time before SP reflects the fundamentals here. absolutely superb...

GLA

Further sad news i'm afraid,
The number of deaths involving coronavirus registered each week in England and Wales has climbed to its highest level since the end of March, new figures show.
This is up 24% on the previous week
https://www.shropshirestar.com/news/uk-news/2021/08/10/covid-19-weekly-deaths-in-england-and-wales-at-highest-level-since-march/

Three 10,000 buys gone through at 3.07, could be a damp squib but i recon on positive day tomorrow... you never know...
https://twitter.com/BMHLTD/status/1425117764960858112

@Harchris
We are on the same page

Its been a challenging 6 months with the fall back and i always think that the pendulum swings too far before it corrects itself. It feels to me that we are at that point, we have gone beyond a low value to beyond a fire sale value.

Parking to one side my thoughts on true value which you all know is many multiples of where we are today, We are what £212m value tonight how much more downside you could possibly have from here is next to non existent, we are fast approaching the cash at bank values now, its a farce.

This is why i keep adding, if i have called this wrong and the share price is not materially higher (many multiples higher) within the next 12 months then that's it for me totally with AIM investments. At some point a SP must catch up with the fundamental values.

oh and yes, over 2 million sequences analysed, what a business....

@Wilson63
Nice find

This is the thing really, this business is so much more than just a Covid play which is the markets perception. The market sees us a one hit wonder, they read about PCR tests for travel coming down in price but don't realise Novacyt are the wholesaler making less than 10 USD a test. They don't have a clue about the R&D capabilites or the world class Bioinformatics. They don't realise we support the NHS under the framework deal, they don't do much research at all in some cases and this is why traders move in.
As events unfold and the market realise this is a MAJOR diagnostics group in the making supplying multiple world markets and delivering multi million value sales sentiment will change.

The update next week is a great start and that tweet today confirming 40 working in Bioinformatics is just superb, it demonstrates more about what the business is about. A nice major sized US government award would go down really well at the moment and they are MORE than capable

Very positive here

@Bluelight
Well i'm trying to do my bit by adding and holding to take a few more shares out of circulation
You are right regarding the trading though, that's what they are doing i agree, gets boring.

irronically, in my case i consider imo lucky today to add at this price level. Had the SP risen 20% to £3.60 i would still have added because i consider it so ridiculously cheap.

On a positive when this does move its going to move big style imo. Probably take a resolve of the DHSC or a major US contract or acquisition or some other big event to trigger it but when t comes it will be big imo and i wouldn't want to be on the sidelines when it does that's for sure.

Our time in the sun will come....

@Saintsmith
I agree with you regarding turning off comments. This has been suggested to the company. I also included it in one of my questions on Communications.
The problem is that Twitter has a bigger number of Trolls to deal with although its easier to block them on Twitter than it is here. What i don't like about LSE is that if you block someone they can still read your posts. Anyhow i digress.

@johnnykipper
The mcap is already down to £200m, those sold are already out and well gone.
They cant answer anything on DHSC as its a legal requirement, we all know that. BUT there are many things they can talk about that will have a positive impact to move forward with.

Also, I believe that the SP could well rally within a week or so after the meeting especially if new funds are watching and interested it taking a position at these low levels.

Time will tell anyhow but i remain bullish as always

Pork's

Yes, i agree that they will be unlikely to answer every question

However, i have 8 questions already pre-loaded and if you are an investor here and have a sensible question, not just a whine about the declined Share price, and you can't make the meeting, i am happy to ask the question for you if it helps?

Just reply here or DM me on Twitter

Should be an interesting event. Also, half of me does think that this session is all about detailing the company activity so that shareholders appreciate this is so much more than just a "Covid play" they are world class in Bioinformatics for a start and that often gets overlooked.

It could well be set up also for II, family office and also smaller funds to gain an understanding that may be watching on the sidelines. Maybe attract fresh interest, you never know....

GLA

Pork's

It's all relative, I just wish i was buying all of my holding at this level, the SP has become an absolute farce.

Still, I guess it's a major buying opportunity for many new entrants. As they say, be greedy where others are fearful...

Not sure how long before this re-rates properly, maybe the H1 detailed break down September, maybe the DHSC debacle, a stateside win, maybe the meeting next week will attract some fresh investor interest once they understand what this business does, its solid Bioinformatics for a start.

But whatever the case i can wait as wait does, just a matter of time. For me the business longevity is now 100% proven and its a matter of time before the SP catches up with the fundamentals hence why i add

GLA

OT reply @Brentw1
10 but they were mainly F1s, did get a nice common at just over 7 and a mirror 8 IB 4
My friend caught two double figures one was a 17 IB Mirror, absolute belter.
Both of us using luncheon meat
Anyhow, back on topic :)

@Covidopttwat
I DONT trade this stock, i have been steadily adding specifically since the first Crash in April.
Please don't assume.
My portfolio is Top heavy now in favour of Novacyt, i grant you. I do still have a number of other smaller stock positions elsewhere and added another stock recently however my confidence in Novacyt is stronger than ever.
At £ 200m mcap value its materially undervalued and i maintain that position hence why i add here.

My reason for not declaring my entire holdings is because my position is obviously down due to the declining SP AT THE MOMENT and all it does is attract Trolls who enjoy telling me i have called it wrong for some sick reason.

For what its worth, I have recently Shown the poster here Kaeren my entire holding position. This is because i specifically trust this investor and value their research.

Otherwise, i don't much care if posters believe me or not but it is as it is. I do now own north of 100,000 shares.

GLA