Member Info for Porky9

@Barnetpeter
As high as £ 6, i was thinking more like 20p, i best sell double double double quick, thanks for your expert view.
Not sure what i would do without your expert advise
where's that number for Hargreaves Lansdown,,, helppppppp we are all doomed, doomed i say....

@VanV
" I run my own book and I make my decisions accordingly"

Absolutely spot on, couldn't have put it better myself. I am on the exact same page

In my case, I remain bullish, putting my hard earned money where my mouth is and adding. I have detailed research including asking the CEO questions! my price objectives may be higher than some here think but they are my own calculations and i stand by them.
Good luck All

Shareholders are being pushed to the limits and it is frustrating.
But if you are still holding shares here or adding take a moment to look at the bigger picture

The business is delivering results,
They are building a business of substance NOT hype
It has over 550 tests and supplying 130 markets
It is not just a Covid play, its into other diagnostics fields.
The board and management team have been strengthened ready for mid cap status
Boots on the ground stateside will help support greater US sales.
The outlook for 2021 to 2024 is strong
Acquisitions will be made which will add, if they don't the cash pile will be north of 443 m by 2024
The Mcap today stands at an derisory £ 540 m

Shareholders are fickle and we live in an instant world. If you are concerned and need the money you should sell. If you are confident in the business and carried out YOUR OWN research properly you will be likely confident to Hold and ADD which is what i'm personally doing but that's not for everyone i accept.

Good luck whatever your call

@VanV
Fair point -Line draw
We are here for the common objective of the company reaching its mid cap objectives and they will.
Will continue purely business as i have a vested interest in the SP climbing

On the balance of keeping harmony on the board calling out his Integrity could be considered harsh.

However, hoping the share price will fall to "Buy Cheaper" certainly doesn't install confidence and just doesn't fit with me. That's like saying, don't buy now as its expensive and it just endorses the retail that come to visit this board here and think oh, if it went up last year it probably is expensive then, without looking at the dam fundamentals.

Business delivered, delivered 211m EBITDA last year, its likely to deliver similar this year and will have a cash pile of 443 m by 2024, its market cap is now 550m, woefully undervalued.

So yes, when someone calls hoping the SP will fall lower i am going to rightfully defend that and question the logic of that call, no matter who it is.

Finally, whilst i think sharing financial projections is a good thing and fine, I'm not so keen on Shaun sharing data collected on partners selling our products in the UK - its not a good idea, I can tell you in my line of work my sales reps would be all over a competitor list of clients like that in a flash!!!

I stand by my SP estimates regardless, most here wont likely be on that journey, Shaun deffo won't be as he has openly said he is out on March, if not the bulk of his holdings already

@ShaunP

Resect your accountancy skills however; and you wont like this:

Totally disagree on your SP analysis, it's less than the two house brokers, so I'm starting to question your integrity? Are you gathering data for a competitor for a fee, is it to support Sure Screen with intel, where you have family investment or some other?

If you believe that £9 odd was fair price then you would of sold for sure at £12 especially as you have already said you are stopping doing the analysis in March presumably before the end of the tax year?

Then today post suggesting you want the SP to fall is very very questionable, IF you still hold a material holding as you claim, you either top up or you don't 7.75 or 7.70 or 8.00 - sorry just doesn't fit with me.

I think your accounting analysis and collection of data is great to share, expecting PI to follow you is perhaps a bridge to far.... sorry

Bottom line ; Anything to install investor confidence here is good thing. Currently O'm not sure this BB does the business any justice.

Reading some b'll@cks on this board at times, You can't second guess a share price

If you are confident in a the business you are backing it makes little difference at 770 or 775 or 800 for that matter unless you buying in £100k parcels, its small change.

Business is materially undervalued.

I am in total 100% agreement.

A move from the Bourse over to the Nasdaq would be a brilliant commercial decision. It would have three major positives:-

1. The business would be re-rated on a PE ratio inline with its Peers. Most stateside are north of X16 in this sector. We are currently less than X3. Not just delivering a stronger value but also positioning the business better to make more serious sized acquisitions. As it stands, acquisition of a large established diagnostics business would be expensive in relation to Novacyt's current materially undervalued position. This has to change.

2. The US Listing would bolster their position and this would add to their credibility in the United States. It would deliver instant further liquidity in dealing the share stock not to mention access to a substantial market.

3. It would improve communications and PR as whilst they would have more regular reporting to carry out, this would only need to be in English. They would not have to do everything in English and French all the time.

At the moment imo, from a shareholder perspective, a move to the Nasdaq would give the business the boost it needs. Clearly the AIM market can't rate this business. I suspect its because the AIm has little experience of rating a business of this nature.

The same situation applied recently over at ARB which was an undervalued block chain business. It's SP was in the region of 9p for absolutely months going nowhere. It relisted on the Nasdaq and on the day of the RNS proposing the move its SP absolutely rallied climbing more than 15 times higher over the following weeks to its correct market cap.

So i have seen in real terms first hand exactly how the increase to this bigger market can materially improve a business

Good Luck

@JamesRobbo
Thanks - A real refreshing contribution that is very much appreciated.
We have so much miss-information posted on here at times its painful
Thanks again

@Harv54
Thank you for taking the time to reply
It's very frustrating here at times especially when the Share Price falls, the board attracts all kinds of trolls predicting doom, they just love kick you when your down and then further trying to tell us that we should ditch quality testing in favour of chuck away LFTs.
All i can say is thank God for companies like Novacyt trying to make a difference and keeping ahead of new variants and the risks associated.

@Oriens1
My tongue in cheek reply earlier on Twitter:-
https://twitter.com/Porky9Here/status/1358762648834342917

But joking apart, Fact is that it is only the UK are daft enough to use the Volumes of LFTs on order.
Every time someone tests positive they will need a proper PCR test to confirm same. They can't pick up the new Variants and don't have the accuracy. Yes helpful in certain settings but NOT for mass testing purposes imo.

Meanwhile, Rest of the world are not buying it, stateside the FDA have pulled approval iro of all LFTs in the USA
LFT market is limited, we are the only Muppets buying and the Chinese can manufacture LFTs for buttons so the margins are very tight on them. It's high volume low margin business.

Off topic - My brother-in-law who is a delivery driver was taken into hospital last night with Covid, he had a negative LFT test only two days earlier - how many people possibly infected that he came into contact with thinking he was safe? - just proves the point to me frankly - just keep away from care homes irrespective of vaccine take up.

Not a conversation for this forum but it is a significant part of my portfolio
I have great confidence in this business
Meanwhile, shareholders are fickle but the stock is oversold now imo and it has to at some point to right itself.
I back my own decisions on outlook.
But each to their own..

Just taken another £ 10k
But really raiding the piggy bank now on this stock.
Shareholders are being tested to the limit but cream always rises to the top....
GLA

Getting all warm and excited again triumph1 that the share price has fallen...

The business is still on course to deliver 65m of profits at worst in 2024, that's assuming it doesn't win a any new major contracts or make any aquisitions hat would add to its revenues which is highly likely in that time.
Further, It's war chest for acquisitions at that point would be £ 443 m
It's Mcap today is £ 550m

The stock is Materially Undervalued - FACT

Investors just need to remember why they invested in this business.
Its frustrating when the business delivers as it is and is expected to deliver more profit this year than ASOS yet its Share Price is on the floor.
You couldn't make it up really

@Kaeren
Just noticed the DM facility, LOL
Trolls everywhere and posters with ulterior motives, some even in disguise
Its a jungle....
Take Care.

LOL my quote of the day on Twitter:-
https://twitter.com/Porky9Here/status/1358762648834342917

#NCYT #Novacyt
LMOL for every Positive LFT result #ODX
Whether that’s from having Covid-19 or simply drinking Diet Coke
a proper test using PCR from #Novacyt will then be needed.
Invest in Businesses built on Substance NOT Hype
#Creamalwaysrisestothetop

Cheer up all, our time is due to come, not long to go......... :)

It's simply because Retail don't do the research they like the excitement of a punt
As i said earlier I'm adding here as i can afford
Our time is due any moment.......
GLA

It’s “ Kaeren Purple Ronnie “ this morning isn’t it :)

But you are so right, of course retail remains fickle and so the show continues as frustrating as it is although the tide changes very quick here.

It’s a golden opportunity at this price for sure but I know. Our time will shortly come. The BOD know how to scale and the SP will shortly reflect this

Challenging times

I’m at a significant paper loss on this stock now however, nothing has changed, business going from strength to strength whilst retail Chase rainbows.

I am not selling so the paper loss is of no concern, it’s only an issue if I needed the cash today. I will continue to add as I can afford, the SP is now at a material discount to the company value.

Meanwhile it only takes a bit of news out and sentiment changes immediately, not to mention the ODX contract not landing or the fact LFTs are no odd for the new variant and money poor out of ODX and back into NCYT a small quick as it left

Good luck all whatever your call