Member Info for Porky9

As expected, We already know we are moving into a MAJOR Testing boom period. Think every chance now that NHS are going to need to order more Promate for sure....
https://www.theguardian.com/world/2021/jul/08/lifting-covid-rules-in-england-will-overwhelm-testing-capacity
"Jon Deeks, a professor of biostatistics at the University of Birmingham, said at least 660,000 gold-standard PCR tests are likely to be needed each day to discover 100,000 daily infections this summer – the number forewarned by the health secretary, Sajid Javid, after the government announced plans to drop restrictions from 19 July"

Just post that again for clarity, that's 660,000 PCR Tests a day and that's excluding Travel Sector in the UK alone!!!!!

And now we have a chance to grab a lucrative share of the LFT and Rapid Saliva Test market on top!!. To think just a few weeks back investors were questioning future revenues.... this just blows all estimates off the scale...

H2 is going to come in stronger than H1, watch this space. Oh and I've not mentioned Winterplex sales yet, If government think Influenza has gone away as well, they need to re-think that one again also.....

Sector really hotting up now....

@hamsters18
It's always a positive sign, every time, without fail
At this rate we are in for a +40% increase tomorrow :)
Lets hope so, get this share towards reflecting its fundamentals on a decent PE Ratio...
Loving it...

back on topic...

@Bluelight
With you all the way, trading was very bullish on the AIM today and very little activity on the Bourse.
Don't want to tempt fate but looks like we are well positioned for tomorrow
Would love to go into Mondays Session well into the 4's
Everything lining up superb currently...
GLA

Mr. Roarke, Mr. Roarke, De plane! De plane!

....then I woke up, it was all a dream but my pants were icky......

@Pondlife
If you don’t know what your investing in, stick to a cash ISA from the Halifax, much safer
Bye

Faith in Conviction Guys, come on....
No room for bedwetters, this is the AIM, you are seeing history in the making here.

The Business is just amazing, the non covid diagnostics into Maternity, Cancer Tumors, Agriculture, Water Treatment, R&D ahead of the curve, world class Bioinformatics , the list just goes on...

In Covid tests all bases covered PCR - Saliva - LFT then the Antibody tests, Assays for multiple platforms, NHS Framework, supplying over 550 different diagnostics tests now..

Market Knows Testing in UK and worldwide about to Explode
32,000+ Tested Confirmed Yesterday in UK. 45,000+ a day by 19th July and 100,000+ a day Tested Confirmed by 1st September. And that's Just the here. Stateside already increasing as i type and they have just started Novacyt Inc to specifically address that market. And travel only just taking off and they have most of that market cornered though a massive network of re-sellers and partners!
Everything lining up perfectly.

PE Rating here of less than X2 compared to Sector Average X15 and some in the high X30
Come on... these prices won't be around much longer... have faith in your conviction, you know why you brought this stock, these things take time. They are building a world class business here, patience required that's all.

We are delivering more in EBITDA plus cash at bank than the mark cap currently, this is how ridiculously undervalued we are. Share Price is sh@t but business isn't this is why i continue to add.

Good luck all, i remain incredibly positive and yesterdays discussion just confirmed to me further why they rightly deserve to be at the top table.

Pork's

Was going to hold off adding more for a couple of weeks but thought what the heck, at these prices it's utter madness not to. Conviction in what i post
Just added 2,846 at 350.85
Ultimately this will re-rate, matter of time
GLA

@ValJu
Absolutely, the shorter's need this sub £ 3.20, But I'm just buying more of it whilst these prices are here which won't be for much longer.
The more buying ultimately the shorts need to close and up she goes big style.
About 1% of stock short currently, that's what 720,000 shares worth at current price, that's err £ 2.5m and costing more by the day - i can wait it out :)

I am 100% hardened confident that ultimately this will re-rate at a materially higher level.
If the peers in the sector can command a PE Ration of X 30 and we are oversold at PE Ratio of less than X2, I'm dam sure we can get at least mid range, so massive massive upside potential, no brainer, just a matter of time.

I'm ignoring any shorter's or spread traders, I am happy to keep adding as funds permit.

GLA

Going into the afternoon session will see uplift
Fantastic range of products and revenues continue to grow.
And at a PE X 1.7 we have plenty of upside from here.
Pork's

@ChrisToffer
I totally agree with you that the Saliva Test just produced will be a fantastic addition to the rapid test range.
We already know the take up rate of saliva tests (spit and go) is significantly higher, less room for error when testing, a less evasive test and frankly an overall winner.
This will be where further revenues come in during the second half on top of everything else.
Superb

Don't know @sledgey121
Not sure how it was evaluated at PD or anything about the device

But for me its the principle of it, BJ is bone face lying to say he is supporting UK manufacture when the DHSC are shafting Novacyt on the one hand by disputing invoices just like Dyson, Abingdon and others.
Whilst at the same dam time, the department are giving a NEW LFT order, now that they can't order any more Innova (license extended two months to deplete current stocks imo) to the chinese.
That business for Orient Gene should have been awarded to Omega especially as a contract was already in place to supply up to £364m that they are currently reneging on
This is how i see it anyhow.

Conjuncture is Boris telling Neale:-
"Its not the case, we have worked Day and Night to build up our UK LFT capacity"
https://twitter.com/JNHanvey/status/1412806490415566854

Fact is NHS rolling out an update to their process a day later:-
https://www.gov.uk/government/publications/coronavirus-covid-19-rapid-lateral-flow-home-test-kit-instructions-for-nose-only-test
Confirming the switch from one lot of Chinese Tat "Innova" to another lot of Chinese Tat, "Orient Gene"
You couldn't make this up. Buy British.
https://www.orientgene.com/

Where was the tender, who was involved, who made the decision???

As i posted last week, fortunately, its a big world out there and demand is massive and about to increase further. I would like to see Colin connect with Graham at Novacyt to work a deal regarding increased capacity. Novacyt have a massive distribution network and currently capacity to manufacture 1 million a week which won't be anywhere near enough for demand so its an obvious move to me.

It doesn't matter what tests OXD manufacture as long as they are flat out making them. ODX has the potential for significant volume, its being held back whilst this disgrace of a DHSC mess them about.

I'm spitting feathers myself, not just over the lack of openness and the disgraceful treatment here BUT from the other side where Novacyt secured an order, then delivered on it and now have a dispute over unpaid invoices but pay the chinese £3bn cash on collection and the tests were not fit for purpose and FDA are investigating.
Not all business is good business.

@Macmdude
Every post in your entire history here has been to short
Zero substance or calculation behind any number, just a negative
Your comments are about as useful as teats on a boar

Macmdude
It was my own Précis
Event was an audio of some 1.5hrs and went into significant detail
Give it a go, then “copy then paste” your own points

Todays talk underlined how vital diagnostics is going forwards. It also demonstrated the longevity of the Novacyt Business. Governments and the public are just waking up to this now, admittedly driven by the covid outbreak but there will be other diseases that come along. Novacyt is so much more than a Covid play that is now fully apparent.

Pathogens & Fungi (aspergillus):
The experts in the debate considered the biggest risks to mankind as being your Pathogens and Fungi. Ebola for example was kept local but had it spread west could have caused major issues. Some have potential for massive spread such as TB, influenza, and RNA viruses. There will be other virals. This is because the Respiratory Route offers ease of transmission for example with flu, spars, covid etc but you also have your Bacterial ones.

Invasive fungal infections are a specific issue if your system is weakened for example from taking a steroid. Note: Novacyt's new multiplex PCR assay panel will detect all five major aspergillus sub-types. Outside of SARS-CoV-2 infections, aspergillosis remains a potentially serious respiratory infection, already affecting 5 million patients worldwide.

Factors:
Fungi can also become viral pathogens from environmental changes. As temperature increases fungi becomes a pathogen. Climate change has an effect; Diseases that were rare in one country can creep north with environmental changes. Like malaria, historically never an issue in the Netherlands for example.

Refuges move north and bring local virus across likewise general movement of people around the world. Also, lots of demand on the eco system, can create “black swan” events with rare infections, our interaction with environment is critical. Build a highway can disrupt environment around it.

Mutations:
For example: West Africa 12 different transmission of HIV transmission to humans but only one HIV1 took hold in humans. These pathogens mutate. Others could cross from Animal to human.

Future:
We need Diagnostics also to support Next gen antibiotics.
As anti coronavirus medication develops, pairing of antigen tests with medication would be an extremely easy way to address mini outbreaks say in schools.

We should not underestimate the value of the Novacyt business, it will be and is becoming significant for the future and vital for Biotech’s.

Without effective tests you cannot identify a virus if you cannot identify a virus or dieses effectively you cannot build a vaccine or drugs to prevent it that is why its an essential business going forwards.

GLA

@hamsters18
As you say another 20 days the same and we are talking business.
Good positive start today to the Share Price recovery
Onwards and upwards
Porks's

Interesting to see what our new division Novacyt Inc can do to secure orders.
Positioned Beautifully to take further share of the diagnostics market Stateside
GLA

Public health authorities across the US west are sounding the alarm that the Delta variant, a “hyper-transmissible” form of Covid-19 responsible for about 25% of new US infections, is rapidly gaining significant ground.
https://www.theguardian.com/world/2021/jul/06/delta-variant-infections-us-west-vaccines

Todays talk highlights the longevity case.
What we already know but brings attention to us. On a PE of X1.67 its hardly rocket science
At some point a re-rate will come and these price levels never seen again
GLA

lol
Well just hold onto them then....
First leg of the journey...
Snort, Snort, Wheek, Wheek