Member Info for Rcdm

July is the month for me. News coming out then and also the time for understanding where the England lockdown is and what extent of daily testing is needed and NCYT position on all of that.

I think that £7-8 will happen in the lead up to that or better. I reckon the gutt will be tested but as this survived the November vaccine wobble and then took a kicking at end of Jan and then Mid April it wont survive indefinitely, but that said testing aint going anywhere soon.

My hold is for £13-14 ideally but I'll measure that versus the way this evolves and corrects itself in the lead up to June as good and bad news parcels may evolve.

I'd also hide and wager a thought that the travel market testing will kick in by then as people will not want to stay couped up all summer - so way forward??? Vaccine which is moving on and also tests. Simple.

Id keep it calm and sensible just now, but £3.50 was a joke price as we know. Think the slaughter fest of the previous bad news is gradually being eroded, however based on the stack of folk who would have jumped into at £3.50 and £4 etc they will i'd suspect dump their stock to make a quick buck, so may shake things.

Its been a good solid day, which is a delight. Im thinking a TR1 is in bound.

Every day or week this loses value you are just getting further away from a recovery and position you are happy with.

I am very dispondent and can see only minor greenshoots here, none of these are readily evident since the latest RNS or the events since 25th Jan.

This will take an age to recover unless there is some unbelievable wow moment soon

Its a capitulation.

Dhsc will go and wont happen so ncyt needs their own private path to follow.
Id imagine itll be revealed in june or july where the status sits

Im bang on my average, however loaded up in Dec/ Jan around the 800s/900s so that has burst me. Despite that this is a worthwhile stock. I do quetsion why I didnt thin down on 25/01/21 but that was results week and I expected we would go towards £13-14, but hey we didnt.

What I would say from those days in the £1/2 wash up the aspiration was always there and still is. The latest 'lockdown' lift is a positive for society but two minutes later there is the harum scarum message over South London testing.

Testing is needed and we havent even started the aviation and travel industry.

NCYT have a huge noose from last friday to get there head out of, but whilst I would say its still a big burden and risk, the prospects to me are still positve also.

Last friday was a day like no other which mimic'd the vaccine disaster day of 8th Nov.

Time is a healer. Will probably take a mixture of time, a good contract land and a well structed private testing programme to boost this.

Can be done!

Good vibes

Kaeren agree, the laughable deramp brigade comments were chuckle worthy for their fear tactics to get people to part. Always pragmatic to let the dust settle. This may still have twists and turns, but sell on the drop with the stats financially here is just mental.

Also proves the point only the uneducated would expect that testing 'has had its day'.

Custard pie for that statement today.

Numbers prove 4£ was a comparable bargain. Time will heal this but agree its open market for a huge hoover up for those with the cash to splash.

Seems like a spiteful remark lacking evidence.

Its going to bob around the 400s now. Its then open season for everyones nuggets and speculation.

GM will have blackrock and other institutions asking what the strategy is.

None of that will get dished up in a quick RNS.

This will take months and months of patience is you want to see £5/6/7 or anything like that.

Games til the next decent RNS. Could get messy if the contract isnt resolved but equally could be played out positively.

Opened at c380 - 400 then kicked up to 440 then bumbled around all day in the early 400s, inevitable. I wouldnt judge the next day or two too heavily, there will be a heap of stop losses and nervousness.

Iv read it about 40 times.

The view from the bridge is still ok though.

If you didnt see the sub400 tree shake coming then you really need to go back to investing school.

More obvious than David Camerons lies that trick.

Its a dilemma, but to answer the OP, this situation isnt good, but to me its been utterly trashed on stop losses going out plus the market has reacted to the symbolic nature of another poor RNS and thus as NCYT was reliant on a contract which is disputed its very rocky.

Think this mashed in with the not good end of January prospects have lead many to believe its nail and coffin.

For me, iv been here for a year, the prospects took a while to shine and there were highs and lows but in the midst of the poor rns at end of jan and now this revelation its easy to get emotive and forget that covid isnt done, testing will feature in sectors and society for years to come.

Im dispondent at the way this has evolved but equally walking away now seems like a bad call as I do think this will restabilise in time, but to what level or extent remaims to see, but ncyt build up a platform in 6-9months and can use their products to underline their kmowledge of the field and produce class leading diagnostics.

Its hard to forget the £11-12 values but sub£5 seems like a major over reaction which i reckon will be very mixed this week but likely restabilise once the waters are less muddied by panic

Try and keep focused on a longer term view for me despite how painful it is

Useful data all, think its got prospects but short term til say next results in summer could be very mixed.

Id hope for a push back up, ala post the vaccine news, but there are still two bad pieces of news from jan and now april, that still makes me think there are more twists to come

Wilson, thanks, when you say 25% do you meant reduce profits to that value? Whats the views on this mass employment rush, good or bad?