Member Info for Porky9

https://www.independent.co.uk/news/uk/politics/sajid-javid-covid-test-positive-b1885863.html

@Sir_digby
Wasn't is Nostradamus who predicted Novacyt Share Price rallying to £ 54 .... and he was French...
Take care
Pork's

One poster @Dazzerman4 on ADVFN was claiming that we will have a resolve on the DHSC issue and that Monday an update will be issued. Hope they are right. I only periodically look over there as its worse than this board for white noise. But a resolve cannot be far off now, one would hope :)

Our very own poster here @Tweliman a poster not known for previous baseless posts said big news imminent and the SP did rally into the closing bell not long after which does make you think?. Post since removed.

And then of course we have the patent filings on Friday indicating another product range on the cusp of release again adding to positivity. So next week could be good for the SP, lets hope so.

Of course, this does create hope that Monday morning a positive update will follow, and I hope that is the case. Irrespective, it does feel like the brakes on the SP were removed on Friday finally.

Shorter’s have much bigger targets they can kill off; we are now playing from a seriously low base share price level imo so a significant SP multi bag short term from £ 3.50 now looks very possible.

The Testing Boom has started, and Investors are fast waking up to this now, which will add to buying strength and with such a small number of shares in issue it will not take much to move this materially north with some buying pressure. Feeling more positive than ever….

It is plain to see now that “Freedom Day” is nothing more than a slogan. Diagnostics is now an essential business for the future of mankind…

GLA

It was interesting that loads of new posters turned up here in their droves on Friday to tell us SP was going south and 15mins before the bell there was a rally of buying, specifically on the French side where all shorts tend to be placed and we closed up!

Call me cynical but you would think that someone wanted to close a short and had to buy back and wanted to encourage as many retail as possible to sell to drive the price down so they could cover their short as cheap as possible.

The games played are so bloody annoying, its just a shame that some retail get caught up in it and may cash out early at losses before they get chance to see a full and decent recovery.

GLA

Pork's

Obviously, I would like all orders to go our way.

We do have the basic Antibody LFT available that fits the description by @Sir_Digby but there are a lot of those on the
market and Government will just be going for cheapest wins imo, but you never know.

Our second gen one, now that is likely to be something a lot more special and more of a premium product, now this will come into its own for vaccine support imo. I can see this doing significant sales via our network.

Not long to find out anyhow, second gen release sometime this quarter.

Take Care

Pork’s

Nice find Dean
Sounds like the second gen Antibody Test getting close??

We are going to need this product for sure a) what antibodies do you have in your system left from the vaccine or catching it b) do they need topping up with a booster shot?

IMO its possible we might not end up with annual boosters like the flu jab for this one. We may find depending on your age and circumstances some need a booster earlier or later depending on how well their body retains antibodies. In which case the antibody test is going to come in very handy.

I was only thinking the other day, wow I'm going to need another booster soon how do i know how effective my current AZN jab is at protecting me???

Great addition to the Novacyt product range...

@Ravenox
I ask myself the same question every day
No matter how you cut the fundamentals you come out at a share price materially higher than where we are today
I just keep adding. The current low SP just defies all known logic.
Good luck to you...

England’s Covid unlocking is threat to world, say 1,200 scientists
International experts say ‘unethical experiment’ could allow vaccine-resistant variants to develop
https://www.theguardian.com/world/2021/jul/16/englands-covid-unlocking-a-threat-to-the-world-experts-say

Just 50,000....
We are heading to about 120,000 by September....
Testing Boom Started

France is likely going on Red List, its a SA Variant there that's causing issues so we will likely get hit with that one next...
https://www.telegraph.co.uk/politics/2021/07/15/government-considers-putting-france-red-list-beta-variant-fears/

@Soder
Totally agree with you and for my sins i was a YC a "young conservative" as a kid... another useful fact for a friday afternoon....

Not sure what the agenda has been here these last couple of days, clearly to de-ramp.

To avoid any element of doubt, bust any myths or misleading comments posted by some here, may i draw attention to the recently published annual report:-
https://novacyt.com/wp-content/uploads/2021/06/Novacyt-AR-2021-2806-spreads.pdf
The report tells you everything you need to know about this business in full detail.

In addition our RNS of 17th May confirms our acceptance into the National Framework deal to supply the NHS.
https://www.lse.co.uk/rns/NCYT/inclusion-of-snpsig-in-the-nhs-england-framework-n11ta7n2okjznr2.html
This framework is a £3bn framework that runs initially to 2025 and we have two subsidiary companies included. This means their reps can both sell directly to the NHS under that arrangement.
https://bidstats.uk/tenders/2021/W15/748945953

The information is all there. The company have even given us the first five months trading to the end of May for the H1. This is more than many do on the AIM frankly and the trading is absolutely solid.

Oh and i also forget to mention Novacyt Inc, the new stateside division opened to address the US market directly, boots on the ground stateside. This alone is another major market. Easy to forget this with so much going on....

I'm still adding here, make your own calls and DYOR.

The upside potential here from this level v any downside risk is incredible imo

GLA.

Plus:

* You are not factoring anything in for WinterPlex sales which are currently unknown until we know how damaging the flu season might be, forecasts are that it will be high this year due to the nation now being exposed having been locked down so long.

* You are not factoring anything in for the recent CE Marked LFT release. The company stated that revenues from these would be “Significant” we don’t yet know what “Significant” means.

* You are not factoring anything in for the new Rapid Saliva Test. Frankly due to extremely limited competition and imo a high take up rate around the world due to their non-evasive method and remarkably high acceptance rate I believe this product alone could well deliver multi-million revenues via their established network.

* You are not factoring in anything for the second gen Antibody tests due for release shortly. These are expected to be first to market to tell you your levels of protection from past infections and past vaccine doses. This will be particularly valuable imo as we move towards third booster shots and patients want to know if they really need a booster yet or not? Effectiveness of the vaccines protection over period is proven to change dramatically depending on circumstances.

I also agree that the current testing boom is now in progress. 50,000 infections a day, it will be close to 120,000 a day by the time we get to September and over 700,000 PCR tests a day. Not to mention travel PCR during this holiday period.

Also, we all know how sentiment changes, when the SP is back in the £7-£8 range a run significantly higher feels more plausible. There is absolutely no reason why this business cannot be rated at a decent PE Ratio of X15 when the likes of EFK are on X30. The current X 1.7 certainly does not cut it.
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi

It is the question of the dispute that has been the albatross around its neck and something for shorters and de-rampers to cling onto. Once that is resolved away it goes imo. Time will tell.

Pork’s

PS. Amazing the new names now showing up to give us their negative thoughts….

nb. can't be arsed with spelling mistakes, you get the general drift.
Suggestion this morning that we should now delete the app.....
think i'm going back to bed...
what nonsense

@troblesome
Caller:
Prime Minster, the infection rates are rocketing across the country, the NHS app is pinging people telling them to isolate and far to many people are testing positive, the scientists are saying their could be as many as 120,000 a day infected before the children go back to school - are you sure we should still go ahead and relax the restrictions further

Prime Minister
YES we are still relaxing the restrictions, no uturn, i have told you Covid has gone away, the vaccines have broken the back of deaths in the UK, herd immunity is what they need, i would rather bodies pile up than continue any restrictions.

Caller:
What about the NHS app, what about the rising infections

Prime Minister
Don't worry about that, i have told you covid is over. Just get onto NHS app services tell them to turn it down so less people are contacted. That will do it.
And as for testing, don't bother with it, if we do less testing their will be less infections recorded

@Butchers.bike
I agree
Its a real shame as the board should be to discuss the business and their trading activity, the R&D, the bio informatics everything else. A newbie may as well just go to HL and read the financials, read the news updates and decide if on a PE of X1.75 its worth backing them:-
https://www.hl.co.uk/shares/shares-search-results/n/novacyt-eur0.0667-cdi

The miss-information and de-ramps plus the negative thread starts and disruption posts are just designed to distract from any meaningful discussion. Real shame.

Anyhow, i remain confident in my investment, at this level its a total no brainer but each to their own

GLA

@HarChris
I repeat, what are you talking about BP? The market is nervous of June's results? Is that what you are saying as we already know January to May...
.................................................................................................................................................................................................

Exactly, why are pond life like BP and a few others coming out the woodwork tonight to de-ramp and spread miss-information. Its absolutely ridiculous.

No shocks with H1 its already declared and June will likely be £7 to £10m, so comments otherwise are total BS.

I suspect that the update on the DHSC is going to land shortly, estimating that based on the JSM being completed within 120 days. That takes us to the end of this month. so this is the last chance really to try and discourage investment. WQ reduced recently i would suspect they will likely take more profits now and close out further, its the logic decision.

Should the SP rally on the conclusion of DHSC which is likely, WQ profits could be lost so this could be why we are seeing this activity tonight. Create negativity to ensure the short is brought back at the lowest possible prices.

We will see...... GLA

Pork's

@Covidoptitwat
Well if its blatant Rampers that you now object to can you be so kind as to follow your own advice and stop posting about your other stock on this board. We are not interested. Its a totally different business, with significantly different issues not least that its not generating any income yet. It doesn't meet my own investment criteria and i don't want to hear about it on this board. This is not an unreasonable request, other boards are available on LSE to discuss those stocks without cross ramping.

On this board we should be discussing Novacyt and on others

@Valju
I take your point. I am genuinely only interested in the SP going north and will do whatever it takes to see that happen.

For me, we need to get off that Bourse market at the earliest possible opportunity, as far as I'm concerned its packed with short selling, after hour deals, it has FA investor reach, its just an albatross around our neck. Ditch it and ideally move to the Nasdaq for a wider investor reach and valuation in line with peers.

106,000 sell on the bell last night in france, with light trade all day is what tipped this -3% imo don't know if it was short or what it was but the entire index has been manipulated with unfilled trades the last three days in france.

@Covidoptitwat
Here you go... my last five Contract Notes:-
21.6 - 389.05
24.6 - 340.37
01.7 - 323.28
08.7 - 350.85
https://twitter.com/Porky9Here/status/1415689600266379272
Plus yesterdays:-
Contract Note
14.07 - 335.79
https://twitter.com/Porky9Here/status/1415690109056323585

I continue to build here and will continue to do so:-

Research done - Check
Fundamentals don't match SP - Check
High growth Opportunity - Check
Materially Undervalued - Check
Meets all of my investment Criteria - Check

@Covidoptitwat
OK. if you still hold those trades and haven't already sold them then i apologise

However, i still think it mighty odd to be investing so much of your time to de-ramp, distract and put off potential new investors from investing here when its a stock "you recently purchased" but hey ho, each to their own.

If your 18% down on AVCT perhaps you should cash it in and invest it here where serious sales orders are being secured

Well look at this thread identified last night:-
https://twitter.com/chrischirp/status/1415269691342393348
Confirming that PCR testing capacity under pressure already and we haven't even reached the levels this is going to...
This is due to closing labs down and now having to re-open them and retrain people all over again. Another example.

So add to that an Influenza spike and we are seriously going to be under pressure. But i agree this is all about the money and trying to cut corners. As you say we can serve the lot;
Winterplex would both add to testing capacity and support flu testing at the same time .With cases expected to spike shortly we need this product out there. But Half the problem is cost imo. This is why government chased cheap LFT testing products from china they think they can do everything on the cheap. Frustrating