Member Info for Porky9

At 3p on its current market cap it’s worth a punt if nothing else.
If they get it right it’s a 20 bagger+ but it’s going to take time.

To produce energy from plastics that can’t be recycled has to be a great thing, less plastic junk being exported or going into landfill - yes that’s a thumbs up from me.

It’s taken a while to get to to this point but a small far as im concerned this is almost the start of the journey. I’m adding currently.

GLA

Thanks

The link provided by Shady actually helped:-
https://innovationorigins.com/start-up-of-the-day-tuning-non-recyclable-plastics-into-syngas/
I found it very interesting and it provides a real good snapshot regarding what this business is about.

My preferred investment style with AIM is to find early growth plays, I feel this is one here as its just at the start. Once they scale the plant up the potential here is just enormous. Its 20 bagger potential from here imo, too good not to take a position.

GLA

Hey, I still have confidence in Novacyt as a business in Diagnostics.
As part of my portfolio I like to try and find a few uncovered gems and get in early.
If I'm honest, I missed the bus with Novacyt. If I was holding stock from sub £2 or had sold half and was in for free this news today wouldn't be as much as a concern but unfortunately i was not in that position like some of you here are and I had a big exposure to the stock.
I sold half today and reinvested in PHE, ARB and HEMO three stocks i have been watching to spread my AIM exposure.
I always knew a vaccine would be out BUT I thought A) it would likely be 40% effective, like the flu shot and B) would be more likely second quarter next year. I was shocked frankly that not only is the vaccine 90% effective but it will be available in three weeks time and BOJO has already ordered 50 million shots !!- this means that a national vaccine roll out will be likely - and yes i would have the vaccine, I'm 52 and consider it a good idea.
Meanwhile, the cheap cr@ppy LFT tests from China are flooding the market but i accept we still have the gold standard.
The result of this news is that whilst i fully accept that the full year results from NYCT will be brilliant, that i have no doubt, they will drop away the following year because with a vaccine out this effective smaller countries will invest in nationwide vaccination programs rather than testing hence, the volumes will fall away.
So then i come onto valuation and i think what is my upside potential in Novacyt and start thinking, is £ 20 now likely with a highly effective vaccine out, will the market cane it now? and i'm thinking possibly but my upside is now possibly only x2 to 3 max from here hence having a big exposure now becomes more risky and there are other stocks i can invest in.
I think those still in 100% here or topped up deserve a good return, fortune favour's the brave but for me i have had to balance my portfolio, its the way it is and will see what happens next

Been watching from the sidelines but took a Long position earlier today
GLA

I have been a major supporter and bullish regarding this stock however I did not see this coming I have to be honest

My expectation was a vaccine that was probably going to arrive next year and a bit like the flu jab where it’s not that effective, Like 40%. - This news today has blown that away, the U.K. have ordered 40 million shots and its 90% effective.

As a result, whilst short term revenue will be high for NCYT it’s long term revenue has just been killed off in one go - it’s what market cap that is worth and as bullish as I’m am that is no longer a 2bn mid market value potential

Been watching from the sidelines but have now taken a position
GLA

My fellow Bulls will just love this post...

Now I know some traders like their charting and on day trading you can have a fair amount of success. However, for the longer term holders here frankly where you draw the lines can materially affect the outcome hence they are probably as reliable as my crystal ball gazing...

However, being a Bull and in the spirit of all things Bullish (as it’s a quite Monday) I thought I would share the current chart predictions: -

* £12.60 retrace to £ 12.10
* £16.90 retrace to £ 16.20
* £ 23.40 retrace to £ 22.50
*£ 28.70 retrace to £ 27.30

And this is all before end of January 2021 it then keeps climbing to over £ 48 by the June, go figure….

Tell you something, I will go with that, LMOL

Although wasn’t the Numis Broker note (that was based on the data before recent wins) suggesting Blue Sky £ 35+. That will need updating soon. The way things are going I think this could be a very real reality at this rate.

Let the Bulls run……

So when you double on a share stock my best advise, as i always is sell half then you are in for free. A profit is not a profit until its taken.
However, Its all about what percentage of risk you are prepared to take and IF you are prepared to write your investment off if things went pear shaped.

If that doesn't you help may i suggest you try Mumsnet??

I have decided toady, call me cruel if you like, that if i see any more "shall i sell" or "I made X look at me" showboating type posts or " i'm worried i have a capital gain" blah bloody blah blah type posts here i will simply reply with "Try Mumsnet"

A bit like when Simon kept going on about Carli D'Amato in Inbetweeners and Jay gave him a swift punch in the b'llcks to take his mind off it - seriously i think this is what is required here - lol

@penniestopound @lolmchizz
Totally agree with both of you, you couldn't make it up....

On a positive however, the worldwide demand for PCR as part of the mix is just increasing by the day, a number of countries now will only accept the PCR Gold standard test.

With demand seriously outstripping supply what we could do with knowing from Novacyt imo is how they are coping with scaling up manufacture at the main site, are we at capacity yet, what capacity is left and if they have agreed any co-manufacturing deals or outsourced production in order to scale up for this increased demand?

In some ways a nice problem to have......

I could be wrong but I think that this relating to the Innova order from September of 20 m LFT units as part of the operation moonshot project. It would not surprise me If only part of the order arrived. As Shaun says, ditch the airfreight costs and buy local. Although to be fair I don’t think we had an LFT that could be used within the testing mix back in September when they rushed that initial order throughout although it looks like that’s changed since.
GLA

Is that relating to the order of the cheap cr@p they rushed into buying from Innova manufactured in China that doesn’t work properly with both false negatives and false positives?

Thank god we have Novacyt producing quality locally, just need more of it :)

I will join in for the fun of it, crystal ball at the ready...

I see... I see...mist forming... I see more and more news of countries around the world ONLY using PCR tests...more mist.... £12.60 on Wednesday, fall back less than expected due to sets and Bull run to £17 on Friday on update of CAre home contracts

https://www.bmj.com/content/371/bmj.m4268

I am interested in the exact testing process being carried out. The BMJ article link above states three tests in use as part of this operation Moonshot program. These include:-
* The Gold standard PCR Test
* The Lateral Flow Test (LFT)
* LAMP Test

A video of Bojo having swabs taken from throat and nose in Liverpool clearly shows right at the end of the clip the test going off to lab as part of the process.

Another four locations are now also going live with Testing from Monday, so its now looking highly likely that we will soon move to a Nationwide testing Roll out imo.

I don't think anyone could possibly imagine the gigantic testing numbers we are facing in the UK let alone worldwide, the PCR testing potential is beyond comprehension on a whole new scale imo.

On top of this Microgen have an LFT product in addition as far as i know? Am i right in saying this? If so I'm guessing that this means we have two out of three horses in this race!!!!

So this all now comes down to how big a slice of this market can NCYT secure and how much capacity can they handle?.

Clearly no one company can handle the vast capacity required here, its just not possible, so its all hands to the pump. If NCYT can handle the increased capacity requirement and get manufacture and distribution scaled up we could be seeing some serious numbers.

GLA

@Tonie,
With respect you are reading into the RNS what you want to hear rather than what it says. It does not say "we expect to be in a position to secure a license deal agreement with them in early January"

It could prove to be the case but its research that is still ongoing. I don't have an issue with that. These things take time. As posted i own share stock but i view it as "Speculative" high risk which is what it is and i wont be adding at this point.

Meanwhile, many of you are too quick to critise JHFH for selling 1.5m shares of a 2.5m holding. Now i don't know this investors background other than they have made some really good contributions to this thread. However, if they purchased their 2.5 m of shares at 1.8p and sold 1.5m of them even at 8p that looks to me like a dam good strategic move. Profit is not profit until taken. The investor has bagged a multi bagger ROI and they are now in for free!! Very nice position to be in.

I can tell you guys now that IF i ultimately double my money on this stock, I will sell half so that I'm in for free. That's what i do but equally if it goes t@ts up i am in a position to write it off against other capital gains.

Look i hold 335,000 shares in Hemo and want them to do well, it’s fantastic work they are doing and we need to support companies trying to make a difference.

However, Its still a high risk. These things do take time and there are no guarantees. Nothing s signed off until its signed off and investors want certainty otherwise its a gamble. I would rather buy stock at twice the price in a certain bet than half price in an unknown. RIsk reward,

I won’t be adding in this climate until the landscape is more certain

I don’t contribute to this board because I find the white noise created by certain posters drowns out the serious investors. I will however point out some basic facts:-

* It’s a high risk speculative share - only invest what you can afford to lose
* JHFH is right to sell that’s a sound move
* The delay will of course concern investors, come January it could be extended again
* IT could be into first Q 2021 before anything major happens
* There are loads of undervalued stocks at the moment to select from

My own view is that the SP will remain volatile in the short term but as a speculative longer term play could do well

Totally agree Steve, local decentralised testing has to be the way forwards.

Meanwhile, Just in, Pennsylvania has confirmed highest number of PCR tests carried out but unfortunately the highest levels of positive cases:-
https://wbng.com/2020/11/07/pa-sees-highest-daily-increase-in-positive-covid-cases-record-high-in-testing/

I guess at least they know what they are dealing with. It's a sorry state of affairs.

I just hope in the UK we don't keep trying to cut costs by using less accurate tests that deliver false positives and false negatives and that we test the people properly. It is totally false economy if a percentage of tests carried out give out a wrong diagnosis.

It worries me that the government purchased a load of cheap unproven crappy tests (made in China) from Innova and has done some back door deals with other sub standard suppliers - they need to carefully test and screen everyone using the gold standard PCR Tests imo and not cut corners. Its essential now more than ever.

Japan
Taking steps to ensure everyone in Japan can access PCR tests:-
https://www.japantimes.co.jp/news/2020/10/25/national/japan-pcr-tests-coronavirus/

Whilst I accept that there are other antigen tests being introduced and new tech ideas including breath tests etc in development, there just isn’t anything even remotely close to the accuracy of the PCR test, it remains the gold standard for a reason and the world knows it.

It’s looking like the new normal may well end up that if you want to go anywhere on holiday abroad you will need a PCR test certificate carried out within 72 Hours.

This will lead to a massive increase in the number of healthcare providers like Wren and small local clinics offering the service imo.

Greece
From Monday to enter Greece you must hold a PCR Test Certificate Result carried out within the last 72 Hours before point of entry:-
https://www.traveloffpath.com/greece-now-requires-pcr-tests-from-all-travelers/

France
To enter from Morocco they now demand PCR test within 72 hours
https://www.moroccoworldnews.com/2020/11/325152/travellers-from-morocco-to-france-must-present-72-hours-pcr-test/

Looks like the way this is heading.....