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Company NCYT recently bought - IT-IS were manufacturing 300 machines (Q16 / Q32) a month in August.
300 machines have generated contracts of £469 million (with 6 months worth of tests).
In a recent RNS GM said he wants to SIGNIFICANTLY increase capacity- so hopefully to 600 - 1,000 machines a month.
Even at just 300 machines a month that’s nearly £500 million with associated 6 months worth of tests per contract!
Mind blowing possibilities
https://novacytinsider.com/wren-airport/
Another fantastic well researched article.
NCYT could easily become a £2-3 billion company with just the Q16 /32 machines the LFT is just an extra cherry on top!
Remember the photoshoot last week mentioning new products - think NCYT / Microgen will be involved in these 15 minute tests IMO as already have LFT for Flu in 10 mins
DYOR and Patience / Nerve key to massive gains over time.
NCYT could easily become a £2-3 billion company with just the Q16 /32 machines the LFT is just an extra cherry on top!
Remember the photoshoot last week mentioning new products - think NCYT / Microgen will be involved in these 15 minute tests as already have LFT for Flu in 10 mins
Testing to be massively ramped up in lockdown.
Even after lockdown testing only way out of this.
Q16 and Q32 machines in hospitals and care homes will be the real lifesavers.
Will be used for years to come especially with the Winterplex test (for cold and flu in one go every winter around the world - ie all year round).
NCYT has one of the only available and theirs is the most accurate.
Market still not aware just how big NCYT will become but Funds are which is why massive buying and SP manipulation.
Big rises coming soon!
From Macron?s speech:
Our internal borders to the European space will remain open In ports and airports rapid and mandatory tests will be deployed During these weeks we will make massive efforts to set up many more testing platforms
Could see some French orders soon then
Kaeren
SP Angel usually on the VOX podcast on a Wednesday lunchtime.
That Microgen tweet was from a fake account but still think products coming shortly as we’re spotted at the photo shoot yesterday
Think it’ll be an antigen test - they already do home tests for the flu and have been working on the antigen tests longer than antibody.
Antigen much more important than antibody at the moment.
That may change if a decent vaccine comes out in a couple of years.
https://twitter.com/microgenb/status/1321385126908071936?s=10
Notice the #covid19 - new home test coming IMO
Another Covid stock in the UK - ODX update today - £3 million revenue to date and loss making.
NCYT has had approx. £600 million revenue (including the £463 million contracts this month) to date and is only valued 3 times higher!
You couldn’t make it up!!!
Value will come to NCYT - safest most undervalued stock possibly in the world.
“Second wave forecast to be more deadly than the first”
Accurate testing is crucial to try and minimise loss of life especially in Hospitals and Care homes.
Novacyt absolutely essential in this battle.
Anyone thinking of selling needs to open their eyes and engage their brain to what’s going on around them.
https://twitter.com/routy731/status/1321070082697662466?s=10
New product range being filmed.
As Tay already tweeted - expect a launch within the next 2 weeks - maybe sooner!
What an incredible company always pushing forward and incredibly undervalued.