The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Bottom line here is the business need to put out an RNS for this activity to give us details, content and financial related information to support.
If the gov messaging is 'getboosted' they must be also reviewing the supply chain for testing to accompany the winter period and would be good to see the details/ information on what this will entail.
This is a time for the BOD to advise.
No need for twitter videos and general garbage, just give us robust clear investor orientated information in a concise fashion.
I think £4 today is a bit rich/ bullish for me. I can see this floating in the 380s as there isnt really any news, just sentiment again after being demolished from 497p a few weeks ago.
Caution is king, would prefer slow, robust steady rises rather than getting the muppet fest starting up manipulating it skywards to then see it fail and flop which has been evidently in July/ August and recently November.
Hold your nerve!
Patience is a virtu, I agree.
A pioneering testing company in the eyes of this board and partly sentiment, the market still reviews the business on the 'what if' over Covid.
I see greenshoots but with the over zealous shorting game and the yoyo from 220 at start of November to 497 around 11 days ago to now pleauting in the early 300s, its clear the confidence is low and its a great day traders pump and dump share.
I can those greenshoots maturing but as I eluded to at the hysteria raised during the weekend of 'this will be 6/7/8/9quid' it wont until we get a solid agreed business strategy understood with financial tie ins and details. We dont have this and the noise is suggesting that the trading update will arrive end of Jan.
Between then and now the usual nonsense over DA saying hello and the board being rubbish will circulate, hey we may even see a 20-30% day RNS arrive, but Id measure all this in that until ii's are on and the infamous overplayed DHSC nonsense is dead, for me this will always be held back to a range of 380-480p.
The truth is that is the short term.
Long term, well crystal ball gazing says this that and other about lockdown but I dont get the obsession with that and all this drivel about how many cases the UK will have and testing, unless NCYT are specifically mentioned and actually providing the test, in an investment sense its worthless garbage.
People need to realise this share will propel on its order book and depth of same. All this 'ooh outbreak at Tottenham' and 'There will be a lockdown' is just pisch.
Business details only please to appraise whats realistically going to happen instead of reading the daily mail to pick up irrelevant titbits of scant reality to the SP movement or this business.
Jonesrichard, all I can acknowledge is you are wrong.
Enjoy your night.
Im an LTH on NCYT and got some holding here.
When the pandemic was recognised, March20 in the UK it was 190p. Everyone chatting about a low when there was no pandemic is just plain shortsighted hence being pulled up for it. 7000% is a silly thing to offer up when realistically the base is 200, ie where GDR is now.
I can see it multibagging but christ 7000%. Calm yer socks.
Havent deramped anything, read my posts, you will see that its more palatable to be mindful of risk.
Had all the garbage on NCYT after a good RNS the other week going up 30% with hopes it would climb.
This will solidify and go but 7000% err no.
March 20 it was at £1.90-£2 when the pandemic was kicking off.
Jan 21 it was £12.
So yeah a 5 bagger.
7000% - still nonsense.
Biggest one day boost was 523% when sng blow up.
Its a good day but stating 7000% is just bile.
It five bagged from memory. Bit different to seventy!
7000%....errr.
No. It didnt
Its been really embarassing to read some of the nonsense and poorly constructed 'debates' on here, especially in the past few days.
Actually a poor reflection on actual investors we want to consider pro's and con's in any portfolio or indeed aspiration here.
Some of it is asinine and lacking true substance.
seemed too good to not get a small but nice top up bolstered with a better day today. I think the push back up into 1500s is realistic.
Good solid performer this if a bit unspectular!
It is garbage. 11 days ago we saw wild predictions of 6/7/8/9.
Now we call out the board and want answers to why its not uo at giddy levels.
I think the angst has a pulse but the shambolic change of perspective in under 8 days is shambolic
Interestingly the good lady wive who works in healthcare come home with a box of tests....
New green minging artwork aside they are zhejiang orient gene biotech co ltd LFT bifters but with a UK address being Sensus Group in Sawbridgeworth.
Interestingly she was told pcrs are mandatory every 3rd day. No word on who they are being supplied by!
Why again is DA to update us? 10 days an RNS up 30% and still bemoaned. If that 30% was held and we were at late 400s would it matter, no it wouldnt.
The perspective here is garbage. Yes NCYT are a tad light on the comms, but this nonsense over sending out RNS to stop a share price tumble is not the solution.
A helpful post above shows the market has beefed up on covid stocks 7-10days ago, is clearly reacting to another period of unstableness ahead with a media circus.
For me NCYT as a prominent PCR supplier will highly likely have a good strategy in place across many disciplines to service and aid the testing plight. I just do not get this constant whine over DA to do this, say hello and such like. How about promote and drive on the business to midcap as suggested previously?
Not even going to mention the resolution with DHSC!
Few things....
10 days ago a good RNS offered an update of current market and ncyts role in testing.
The price pushed up 30%.
This fuelling uncertainty over the new variant lead to wild predictions like 6/7/8quid. Utter tripe.
Now its slid down because the shorting action or 'worldquants' of this world were all here 11 days ago and akso 7 days ago when nearly tipped £5.
You can see evidence of this with the price swing of +9% to -9% last week.
Short of the board telling everyone they are still a great testing company I find this daily splurge over wishes over an RNS to appear very strange.
Id say a trading 21 year end update is likely and when these have been done previously then it provides better clarity over proceedings and future.
This constant noise over DA say hello and oh the price is tanking quick issue an RNS is just petulant verbiage.
If you cant see that in 3-5 days this went from the gutter of 220 to mid 350s and know why, just sell.
LTH team have been pumped by DHSC but reality is testing is back om agenda reaffirming ncyt as an option to be utilised to solve the worlds needs