Member Info for Porky9

Ohh we are still only cicra £ 11
Time for the Share Price to start picking up some momentum now, need some plus £2 /plus £3 days and some....
Have fun...

Also, lets not forget:-

The ground breaking news that the FDA have now pulled all LFTs off the approval lists on Friday and a number of other RATs and a few PCR tests that were not capable of detecting the new variants. Major clean up.

Clears the way that bit more for Novacyt to make even greater impact in the stateside market... bring it on....

Easy to lose that little gem amongst all the white noise on here

Biden comes into office on Wednesday and we already know the national budget for testing, a whopping 50 Billion USD up for grabs.
Here are the high lights to the pledges to get Covid under control:-
https://web.archive.org/web/20201111164957/https://joebiden.com/covid19/
Specifically:-
Fix Trump’s testing-and-tracing fiasco to ensure all Americans have access to regular, reliable, and free testing.
Double the number of drive-through testing sites.
Invest in next-generation testing, including at home tests and instant tests, so we can scale up our testing capacity by orders of magnitude.
Stand up a Pandemic Testing Board like Roosevelt’s War Production Board. It’s how we produced tanks, planes, uniforms, and supplies in record time, and it’s how we can produce and distribute tens of millions of tests.
Establish a U.S. Public Health Jobs Corps to mobilize at least 100,000 Americans across the country with support from trusted local organizations in communities most at risk to perform culturally competent approaches to contact tracing and protecting at-risk populations.

Very Good Kaeren LOL
Went over my head
I have my Worzel Gummidge "Mr Serious" head on at the moment....
LMOL take care

@troublesome
You and I share the exact same frustrations regarding the UK handling of the Care Home situation. Its just sickens me to the core. I confess for my sins i have been a true blue supporter but the ignorance of the science and also the push of the LFTs has just left me cold. Its peoples lives at stake and imo contributes to why the UK is now in the bloody mess its in.
Care Homes should be top of the list, its totally unforgivable.
You take care now
Pork's

@Alin
You are perfectly right, demand outstrips supply and will do throughout 2021 with high demand continuing to 2024. This is also confirmed by the majors including Abbotts and Roche.
Even at the smaller end SourceBio which are expecting 50m of sales are reporting higher than expected demand throughout 2021 and beyond.
Puts simply testing is well and truly here to stay

Any idea what the patent was for Kaeren?
Do you think this is this relating to the VariPLEX trade mark they just got secured on Friday for the multi variants testing technology or is it for something else?

At the weekend we were exploring the work that Novacyt have been doing regarding testing within Maternity.
I have to say much of it was over my head but it certainly looked really impressive especially if the new developed tests are less invasive than others currently available.

Earlier I picked up on a comment "Off the record" posted about other testing to support tailored anticancer therapy
https://twitter.com/OffRecord2020/status/1351201932409524224/photo/1
The full research piece is found here:-
https://www.nature.com/articles/s41420-020-00393-w#Ack1

My key point here is that, whilst sales at the moment are obviously massive due to this pandemic and without doubt will continue throughout the 2021 financial year, they have now over 550 tests available. So we should see some serious developments in other diagnostics fields during 2021 which will create other new revenue lines.

I know we are all keen for Novacyt to use some of the built "capital war chest" for acquisitions in different diagnostics areas and that's part of their business plan, so they can become a major TOP 5 diagnostics group, but their R&D is so fantastic I'm absolutely confident they will deliver some further gold standard home grown advancements without acquisition.

They really are in a league of their own frankly, what's not to like :)

Ad4you
Thx - You will notice that Kaeren and I regularly post early hours before the next market open. Try and clear any de-ramping or shorting activity or general distraction from the great work the business is doing.
As you know this is more difficult when the SP drops as they all come out the wood work to kick you when your down.
This remains imo one of the best boards on LSE forums for information - we need to keep it that way :)
Take Care

Meanwhile, Germany also reported that a brand new Variant was discovered after 35 patients were found to have this new virus.
https://www.politico.eu/article/new-coronavirus-variant-identified-in-german-hospital/
It is not one of the variants from the U.K., South Africa, or Brazil. yet another variant mutation that they know nothing about yet. Likely other variants could well follow unfortunately.
Looks like our yet to be announced VariPLEX product will come into its own in helping to identify these new variants.
GLA

A very concerning study out reported in both the Guardian and The Mail, claims that almost 30% of Covid patients in England have been readmitted to hospital after discharge:-
https://www.theguardian.com/society/2021/jan/18/almost-30-of-covid-patients-in-england-re-admitted-to-hospital-after-discharge-study
"Of the 47,780 patients, 29.4% were readmitted within 140 days of discharge and 12.3% died. The rate of readmission was "3.5 times greater, and the death rate seven times higher, than those in the control group, the researchers found"
Readmission rate for Covid patients 3.5 times greater, and death rate seven times higher, than for other hospital patients"

You don't need me to state the obvious but if proven, this really is a horrendous development, control of this virus is absolutely essential.

When we looked at the data the weekend Germany was a clear market in Europe where Novacyt have strong expansion potential. The testing numbers per thousand allow massive room for major upside. Don't get me wrong, we are supplying 170 markets so its not like we are short of customers but if i was putting a flag in the sand so to speak, I would be ramping up activity both stateside and in Germany.

Angela Merkel today said something about she expects containment in Germany to last "until April" but is concerned about the country being able to properly achieve this. According to her, "if the country cannot stop the British variant by Easter, the number of cases could be multiplied by 10" so clearly they need to step up testing and control further and they are recognising the importance of this.

So for 2021 period , I think its highly likely our biggest trading markets could well be USA, Germany then the UK unless of course the phase 2 of the DHSC contract falls our way or Care Home Contracts or by some miracle we win something substantial in France, i have kind of written off the French sales potential ....

Interesting isn't it... looking forward to some clarity of market expansion in the trading update but it may need to remain confidential for now?

Have to hand it to you,
You have some balls to turn up here again after the last time.
With your credibility shot I expected you would change your username and become someone else?.
Its always easier to critisise or knock a business than it is to actually try and build one. I don't think you have any comprehension what so ever of what GM and the management team have achieved here.
The last time you were on this board posters eventually told you just to plain FO. I would suggest you take that advise and invest your time over on a board like AVCT where you have a genuine desire and belief in the company for the long term.
Its wasted energy here so why do it? Pointless

God give me strength...

What is it with numpties saturating this board putting a few quid on stock and then asking what price before and after results to decide when to sell it in hope of get rich quick gains, its not a Fcking game of roulette, its a business long term investment you should be considering???

Because a bit of market news is flowing in favour of testing every chump and his uncle wants some now....

And as for what do i do when i make a profit, we are not playing some stock board version of "who wants to be a millionaire" what would you do with the money if you won it?, How about, make the profit first, then sort it !!!!!! If you were buying in your SIPP its obviously for your long term pension, if you didn't want it in your pension you should use your ISA or if thats used up suck it up and pay any capital gains tax if you have any - see an accountant

If you need tax advice go see an accountant!!!! If you need reassurance, sell and talk about it on mumsnet

now where's those chill pills???

My best guess is that its Just marketing imo, they are saying this specific product deal for $1500 USD is for supply to the US market only etc

IE - They don't want other countries buying the product in dollars from that specific outlet, they need to buy from their own specific regional supplier in their own country. My best guess is they have a supply deal, supply chain being established stateside and volumes are being pushed out via that route.

@Saintsmith
Indeed, with help from Uncle Sam that’s the end of the LFT
Interested to see if Novacyt decide to still release one? It’s going to need to be bloody special to turn perception around that’s for sure!

You are so right Bramley

Or do an ARB and go something like +30% + 70% +22% + 34% do it in nice staged chunks

We are in “news season” but still no news yet

“Anyone got a figure for a nice breakout?”

Yes, £12.25 the previous high, once we pass that I would say it’s starting to break out. However still got a long way to got to break £53.....

Just getting warmed up, fun hasn’t started yet

Just helping to move the discussion along, for any new visitors it was getting like mumsnet in here :)

With the forth variant found in the USA it’s no wonder they want to push just quality tests and ditch the LFTs, USD 50 bn of business from Wednesday available, further expansion of capacity required in order to meet demand

I'm tempted to email GM and ask if he would consider listing Novacyt on the Nasdaq.

I genuinely feel that they have outgrown the French Bourse market now and that the business would be far better recognised on the Nasdaq instead. Especially now the business is expanding operations into the USA, it might look better when trying to secure US orders?

We have won next to sod all business in France from what I can see, certainly nothing to shout about and none of the larger government contracts that's for sure, most have gone to local French concerns so if we get little support out of France why bother having 70% of out trade done there?

I hope i stand to be corrected and the French give us some meaningful business soon, otherwise i propose a change...

GLA