Member Info for Porky9

@MacTrader
I totally get it
Everything here is in place and the fundamentals don't match the SP and that's frustrating. Add to that the shorter's completely trashed the SP value with prolonged attacks due to the DHSC issue overhanging and even yesterday giving it their all, its enough to try and grind down the most resilient of shareholders or just bore the few remaining shareholders left here to give up but, what's the point now? it would be madness to sell this stock at a fire sale level. The damage is done.

We are where we are, a £ 228 mcap and a PE Ratio of X 1.7
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi

As far as i'm concerned i think those that wanted out are already out, sales volume is really thin other than the shorts and they need buying back at some point. Buying volume thin also but, the moment we do get an update on the DHSC position and it will come, that position will change and the funds like BR will start adding again. So it's kind of a ticking time bomb to short this at this level, with a £ 228m value very little downside as i see it. I'm not selling anyhow, only buying at these levels.

From my own perspective i'm actually adding and pound averaging my buying in, I really believe that this business is history in the making. The Bioinformatics side is world class likewise the R&D division. It's building out as a diagnostics business with proven world wide sales. It's also now a prime takeover target especially with the change of CEO so for me its an ADD.

Frustrating SP i grant you but equally a buying opportunity for the brave. You only get chance to buy shares cheap when there is some issue or other to put others off from buying. When everything is flying the share price goes up and it costs you more to buy in. Here we have a business with a couple of issues hence the SP crash however, they are not insurmountable issues, the DHSC matter is in ADR and will ultimately get resolved at some point, the new CEO is joining the already well established management team and they have significant worldwide sales and cash reserves, its not like they are running out of cash and need a placement anytime soon, with over £100m in the bank and more like £120m-£130m by now they are well placed. A heck of a lot of positives here, lets not lose sight of that.

Have a really good day

Take Care

Pork's

@Squidge
It's highly likely it will be resolved before the guy joins.

The ADR period i understand is within 120 day window hence resolution before the end of August. Its not in either parties interest to drag this on beyond that time line

I expect we will get an update fairly soon and GM would probably prefer to resolve these matters and clear the decks before someone joins.

Pork's

@MacTrader
Look what I’m trying to say here is that they have already given us the trading picture for the entire audited last 12 months and have also given us the trading update for the first five months of this year Jan-May WITH guidance on the revenues for the rest of the year. They indicated £ 7m for June.

As we know, the trading data provided so far could NOT tell us the outcome of the DHSC issue hence a provision made and could NOT tell us how the new products LFT, Saliva Test or the second Gen Antibody test would affect H2 revenues but, it was noted they could be “Significant” adds.

So, what I’m trying to say is that because the two key bits of data (DHSC still in ADR and New product releases only just going into production) an extra H1 statement now would tell us VERY little.

What would we gain exactly? There is nothing they can say other than what we already know. If GM turned around and said June has been amazing, we did £20m of sales, would it change anything? No. Because the information we all really want to know about is the conclusion of the dispute and how the additional product range can add in H2.

I’m sure when David joins, he will address stronger communication, as I said I’m hoping he moves us to the NASDAQ with quarter reporting, even better but until then it’s the audited H1 out in September and an update on the product launches and validations and hopefully an update soon on the DHSC outcome – this aspect can’t conclude quick enough frankly.

Anyhow, with the SP on the floor, from my perspective, the only way is up from here. Good luck whatever your call.

Pork’s

That's fair enough.

Makes more sense not to bother with declaring one month. We don't need an update to tell us if June sales came in at £7m or £10m it wont make any difference.

They can put out the audited H1 before the end of September.

Onwards and upwards from here; product updates, the DHSC update, testing sales from the travel sector, further Promate sales to the NHS under the framework deal and Winterplex sales for flu season should all help boost us forwards.

Good luck all

Pork's

Agreed
Kind of upstaged by Grahams Goodbye message today....

They do have to publish an official H1 for 2021 with comparison to H1 2020 but nothing to stop them i guess publishing that before 30th September 21 on a fully audited basis before the official deadline.

I don't need to see one myself as the figures were already declared so, only going to be circa £7m in it, but i appreciate a number here would like a rough cash at bank figure?

All part of the fun i guess

The number of people told by their app to self-isolate has been growing week on week, with more than 500,000 people being pinged in the week to 7 July, a 46% rise on the previous week.

In the week to July 14, 618,903 people received notifications informing them they should self-isolate - an increase of 19%.

More than 685,000 people were told to self-isolate by the NHS Covid app in the week to July 21 - a record number for the 'pingdemic'.

Just crazy, hopefully they can PCR tested to avoid isolation as per the plan currently being rolled out for essential services at the moment and for all others from the 17th.

Test Testing and more testing.....

Just out:-
685,000 told to isolate by NHS Covid app in record week for 'pingdemic'
https://www.itv.com/news/2021-07-29/more-than-685000-told-to-isolate-by-nhs-app-in-record-week-for-pingdemic

This is on back of infection rates jumping yesterday, wonder what infection rates will be reported later?

Testing Boom continues....

Loving it

Every chance of a positive close today, very little selling volume, swamp is clear.

Shorter's may need to reduce later so they need the price down, may see a push on the bell.

The shorter's giving their all, do your best guys, results are going to justify a Share Price materially higher than where it is today.

We are not selling.... Good luck...

Great time to add here, good to average out as well rather than worry about trying to time buys precisely, let the traders worry about that.

GLA

@Bluelight
I'm totally with you, this is going to rally big time shortly.
No way can this hold £ 233m value its a joke....
PE Ratio of X 1.7 and peer average is X 15 and some as high as X30 go figure....

Appreciate shorters love a bit of uncertainty but wow, trying to short something on a PE Ratio of under X 2 - i say that takes real balls top be fair...

Hold onto those shorts BYP, it will be worth it :)
LMOL

Good luck all genuine holders, onwards and upwards
Pork's

VERY positive moving forward here

A new driver who will be incentivised to see the SP climb, very high chance of a move to Nasdaq and building from a base of X 1.7 PE Ratio.

X 1.7 its farcical
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi

Yes please, shorter's do what you like i'm still adding. £ 233 mcap on a business of this magnitude, world wide network, world class bioinformatics and R&D and north of £ 100m cash at bank for acquisitions.

£ 233m yes right...

Would not be surprised if this closed up today...

GLA

@Mactrder
You don't drop the price of a Rolls Royce by 20% to sell more of them for less profit if you don't need to.
The market demand is greater than Novacyt's supply. There is not a demand issue. Currently testing numbers are increasing and travel opening up is adding to that.
They may as well feed that market in the best regions to maximise return - That's business
Pork's

@MacTrader
look you know the score here, we have been plagued by traders following the ups and down of the SP in a tight trading range, they love it. They post positive on here when they want the price up and negative or distraction when they want the price down. I'm bloody sick of it frankly.

I will consider any view point if there is fair reasoning behind it but much of the time this is not the case. I have posted on here in the past year frankly at times when the negativity has been off the scale and much of it unfounded or fed by Shorters. We are now at a burnt out share price imo. The Damage well and truly executed.

Yes, i am pro this business. yes you can class me as "King Ramper" here that is my only crime, i don't care. As explained i have a vested interest in the SP doing well. I have done my research in significant detail. I have in the short term called the SP wrong i grant you that, i didn't see the DHSC situation coming, i admit to that however; its a long game and its still in play, the SP is sh@t but the business isnt. I believe the SP will still come good here and i can wait... wait as wait does...

Meanwhile, yes i will continue to add positivity. far to often the great things this business is doing are overlooked and the messages lost in translation. If i can highlight that i will.

Pork's
PS. i was expressive yesterday regarding the LA times article and Innova so i will call things out when i don't think they are right. I also called GM out when he ballsed up the forward statement in January so i will tell it as it is. On balance, i believe the business does more positive stuff than negative. That's why i invest here. I remain VERY bullish for Novacyt.

This guy is clearly experienced with Business listed on the NASDAQ. I really do hope he moves Novacyt onto the NASDAQ. This is where we need to be.

Bigger investors reach and properly rated in line with our peers. I hope this is one of his first moves – we can but hope….

At least I now understand why no new bonus package for GM was negotiated after the end of 2020. Clearly the board knew GMs intentions and were looking for a replacement CEO.

Now previously GM had an LTIP bonus deal because of some issue around alleged options and the bourse but maybe GM knew he was only doing another three years before retiring and this was going to act as his pay off?

Anyhow, David will need to be renumerated properly. I am hoping he gets granted some share options but if its another LTIP deal either way he will have a financially vested interest in the SP doing well and moving north.

As such if I was David, I would 100% move this onto the Nasdaq. We might find a decision comes in this regard sooner than we think. As such it would give us a really good boost imo. Time will tell.

I can only wish David the best of success. He joins the business at an exciting time for forward expansion.

As shareholders let’s get behind him and give the guy all the support we can muster.

Onwards and upwards

Pork’s

OK, Lets look at the cold hard facts here:-

We sit today at a mcap value of £ 233m - PE Ratio X 1.7
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi

We don't know tomorrows results but the Half Year will likely be £ 95m Revenue and cash at bank somewhere north of £100m we don't know exactly.

H2 forecast similar but should increase due to travel testing and roll out of additional product lines.

So your question is: downside risk from £233m value V upside potential from here. The current mcap is less than its forecast position for heavens sake.

Frankly, with the three divisions, Primer Design, Lab 21, Microgen and the manufacturing side IT-IS plus now the stateside business Novacyt Inc, the Bioinformatics side, the IP rich R & D the current sales via its network and pipeline PLUS its cash at bank despite sentiment being low, its worth materially more than £ 233m

Shorter's can do what they like, i wont be selling one share at these fire sale levels that's for sure, no matter how hard they try to unsettle.

Good luck to all genuine holders

@BigYellowPig
You shorting filth,,,
"....happens tomorrow and if we get dragged into a new range"

Not " ... happens tomorrow and hopefully we move up to a higher range"

Yes, indeed that is the comment of a long term holder. Is that what you are planning to try a short and hope to drive it down a bit more? You are just total pond life .I won't be exchanging with you further with you, you are here to distract and short, plain and simple.

And the audacity from you to suggest my deals with HL are somehow not long holds because of the charges. Well anyone else here who deals with HL can compare some of my past buys as i get no special discounts i can tell you. Although charges they make to my share account may be different to my ISA accounts but that's because my investment in Novacyt is way above my ISA account limits.

Anyhow, my next posts will be back on topic. You have distracted enough already today. I have you in my green bin.

Pork's

@BigYellowPig
I am NOT proving Jack to you. As I have no way of knowing if anything you declare is accurate or not, your posting history on twitter speaks for itself. I don’t trust you put simply. You are a known shorter.

Its amazing that you and several other know shorter’s have turned up today on this news. I don’t believe in coincidences. The damage is done, and I hope your visits are short lived you will find holders here VERY resilient and new investors will join as updates unfold.

Well, the bad news for you is that I will continue to be a positive force here.

This is because I’m LONG, very very LONG and continuing to build. I have a fairly significant holding here and I’m building on it. I have a vested interest in the stock doing well.

I really do not believe for any split-second moment that a genuine holder of this stock would spend their time knocking the business. If you don’t rate the business, you don’t invest in it – it’s that’s simple.

Prove me wrong; highlight some positives about this business that don’t contain a but if… after them.

Meanwhile, posters can draw their own conclusions.

Porky

PS. Don't any holders declare your positions to this shorter: it helps them gauge retail sentiment and strength. Fck them.

With David having NASDAQ company experience, let’s hope he takes us off the bourse and onto the NASDAQ - That would give us the rerate we need

Meanwhile, shorters like to feed on any uncertainty, hence new known shorters showing up today. The good news is this Share has already been been milked to death they will struggle to drive it down much lower, hopefully a DHSC resolve will clear them out.

I see David joining as a good thing the business has outgrown Graham and with the current highly experienced board it will move to the next level

@BigYellowPig
If you post balance fair enough but frankly I don’t believe you. I don’t believe believe you hold shares in Novacyt either and I would struggle to find one positive message of yours on Twitter against your sea of negative posts
You have spent the last year deramping this stock. Your last post was a deramp, oh I liked the LFT news .... but that was delayed
I blocked you on Twitter due to your constant deramping
Perhaps you are trying a short, I don’t know but you joining today is a total dissapointment as I think you will just be a total negative force here
I hope you prove me wrong but I doubt it.
Pork’s

@Jackin36
With you all the way, have started tweeting UK news agencies
Don’t think it will change much but the DHSC needs a clear out at the top that’s for sure

Seriously, i think they need to take the DHSC apart over this with a detailed FBI type Investigation and sack anyone involved with the decision to give billions to Innova.
I would also look into the financials of ALL involved for any "Consulting fees" and the likes - this absolutely stinks of corruption.
Why this isn't all over UK news i just don't know??. It's an absolute scandal and disgrace. What was Jim Bethell's part in this?? what was Matt Hanjob doing? and the fact they fast tracked it to bypass it and rebrand it NHS - what were they thinking? did someone get a brown envelope at PD - so many questions here.
Doesn't help this business but its sure as hell stinks