Member Info for Porky9

@bullraider
It was yesterdays news before it went out. It was from over six months ago, entire production pointless, just wasting our time . I do wonder at times with the BBC
It would be great if we could get some business out of it but that window was last October !!!
Joke

@Wilson63
Wheels on the Trolly might be wobbling but the future will get brighter!! :)
Your a Tiger, I'm sending you a big surge of positive energy across the internet as i write, it will hit you any moment...
You take care now...

Majority of News updates tend to be issued at 7.00am however we have had a couple 12.30 lunch time and one as late as 3.20 on a CE Mark approved so guess we can't rule anything out.

Exciting times, not a stock to be out of and equally with so much news due any moment, it would take a very brave person or syndicate to start shorting, much safer targets to go after that this one for sure.

Good luck all, positive times....

This is yet another example of how Materially Undervalued we are:-
Diagnostics Sector

Perkin Elmer
Last Year $361m EBITDA MCAP $ 14.52 BN that's more than 40 times their profits

Novacyt
Last Year 211m Euro EBITDA MCAP 481m that's just about 2 times profits
And we will have 271 m cash at bank at the end of this year!! Joke.

Ridiculously cheap... crude example but illustrates perfectly how low our value is AND despite this we still have a few chancers trying to talk the stock down, short it and visit this board to encourage us to sell our stock at fire sale prices.

Don't give your shares up, buy more and lets see some real share price action. I'm currently still adding.

Good Luck all

No long now before we start to see a step change in the Share price
remaining VERY positive
GLA

LMOL - Variants of Control.. mean Variants of Concern

We are certainly in control at Novacyt that's for sure....

In for a great week all... good luck

Pork's

Looking absolutely fantastic
Significant Recruitment Drive, 50-60 live vacancies
We are the ONLY diagnostics business to deliver the Genotype Assay for these Variants of Control
Government Backing inbound
H1 will be superb, Accounts for the full year out shortly we already know are fantastic.
On course for 278m War chest for acquisitions this year
Absolutely loving it, buying at this SP level wont be around for much longer that's for sure
Ignore the negatives, embrace the positives...
GLA

I didn't watch Panorama tonight but the specific issues at the Milton Keynes Lab were actually raised LAST October and covered by the BBC back then so its six months out of date already:-
https://www.bbc.co.uk/news/health-54552620

Glad the lab isn't one of ours!!!! perhaps a chance we could get more involved now and pick up some extra business??

It kind of reminds me a bit of the Perkins Elmer issues out in California, they had similar issues
I guess when Perkin Elmer were trying to react quickly to a rapidly changing situation its easy to see how mistakes can happen.
Hopefully lessons learnt and massive improvements since.
Onwards and upwards

@rikkitikki
With respect ... BYE...
I can't stand cr@p like, i'm looking for entry point if X % less than were a stock is today, it really is utter utter BS.
If you do any level of decent research you can see exactly what Novacyt are building.
And anything under £ 10 is going to look VERY cheap VERY soon. so trying to save yourself 10 or 20p isnt going to matter soon as these prices wont be left on the table much longer!!!
You have every chance of missing the boat, that's of course if i thought your post was genuine???

And as you your ridiculous comments about percentages of tests . Novacyt are currently delivering to 150 countries world wide todays government notice is the icing on the cake.
Good luck with the stocks in your cross ramp.

@Milcait
Wooooooh get in there, fantastic find.
That is superb news for us, this fits exactly with the earlier confirmation of Genotype Assay Testing.
Has to be an RNS now confirming the arrangement at any moment.....
Just what we need,,,
Brilliant

@RoleyBirkin
Be honest please, I’m very interested. Are you paid by a syndicate to post negative posts to support shorts? Are you into shorting stocks yourself and that’s how you make money? What do you like about this one to try and short? Or are you just trying to create doubt and sellers for a lower entry point to try and make a short term 3 or 4%?
After all the stock effectively has a PE >2 and there are far far better targets out there?

@try2buylow
I guess also, the new quango has no link to past bad decisions ( no concerns about cronyism risks ?)
It can only be a good thing for us imo
I feel positive about it anyhow for what its worth
Pork's

@John2015
All IMO
Well the first factor was the National Audit office demanding clarity on contracts awarded.
https://www.transparency.org.uk/uk-government-covid-19-coronavirus-procurement-national-audit-office-report
So this imo this could well have been a contributing factor to the delays in full clarity being issued. We are now seeing more and more historic deals being finalised.
The second factor is the tender process. After the deadline, all bids need to be fully evaluated and reasons given for the award but moreover, all of the unsuccessful bids need to be replied to first and given an opportunity to object before an award is granted elsewhere.
Then once it is granted there is normally a period of time often another 14 days (could be more here?) before you can go public and say a contract has been won.

Now we don't know exactly where Novacyt are at in the process but they wouldn't be recruiting staff in these numbers across the 7 NHS territories if there wasn't any business to service. So my best guess would be they are in the confidential period, the new office opens on Thursday and the contract will land shortly after.

As for the £ 4bn Contract:-

https://bidstats.uk/tenders/2021/W10/746389838
Consumables Reagents and Equipment DPS
Value 4Bn
Duration 4Yrs
Closing Date 08 Apr 2021
Type: Dynamic Purchasing System

If we secure any of that we are looking probably end of April / May could be sooner.
Eitherway, not worth risking being out imo

Hi Brentw1
You are perfectly right.
May i point out however, that since yesterday i have only posted on topic posts. The countless posts since you have been reading are all from one direction only. Its relentless.
From my side i wont be responding, im not interested, I confirmed same yesterday.
Take Care

In my considered opinion new awards will likely fall under the remit of the UK Health Security Agency.
This new quango goes live on Thursday:-
https://www.gov.uk/government/news/new-uk-health-security-agency-to-lead-response-to-future-health-threats
and
https://www.gov.uk/government/publications/transforming-the-public-health-system

No reason either to suggest they are not still in line with current trading forecasts for 21 FY of 173m EBITDA / Cash at Bank 278m as per broker estimates:-
https://novacyt.com/wp-content/uploads/2021/02/SP-Angel-Update-04.02.2021.pdf

Hence on pure fundamental value we have mcap currently of 488m, so is NCYT only worth the difference between its mcap and its cash at bank value this year? I don't think so.
Now how long it takes for this to shine through is anyone's guess but i don't see much downside risk at this price point V massive upside potential. No brainer and why i continue to add.
GLA

What's VERY interesting is that Numerous positions were across the 7 NHS Territories. This is so simple now, it's just a matter of time before the details are made public. I consider it a done deal but under NDA awaiting sign off.

I have always been bullish here but i'm at a point now where the SP is so way under Fundamental value that I'm moving out of other positions and adding further here. Just feels like a no brainer frankly.

I am totally confident that by H1 we will be looking at an entirely different picture and SP price range.

GLA

In for more
Stand by my own convictions
GLA whatever your call

Looking forward to this video release, expecting it to support an RNS
Could prove to be a Very interesting week for us
GLA

Spain is to require a negative PCR test taken within 72 hours for anyone crossing the land border from France, becoming the second neighbour to tighten restrictions on the French border in the past week after Germany.
https://www.rfi.fr/en/europe/20210328-spain-imposes-negative-pcr-test-result-at-french-border-covid-19

No, unless it’s left of field like an acquisition deal

Government contracts will after the new Quango settles in after 1/4. The £4bn contract deadline is 7/4 and that will need evaluation,

This will all kick off shortly, Annual accounts out, products out, acquisition, H1 figures - sit back watch this space and FCK any manipulators trying to get you to sell or tell you the stocks worth FA because it’s not.

Fundamentals will out here, GLA