Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Assuming that this information is correct from an NCYT employee, the PHE paid £1M for 115K tests (see twitter link below)
https://mobile.twitter.com/gasman2020/status/1239880272860020736
This calculates at not the £5-6 a kit that we had previously seen advertised on the NCYT website but as £8.70 a kit.
Looks like supply and demand at present means the price goes up.
Anyone fancy running a revised valuation. A £1 a kit to make that's a lot of profit.
What a great opportunity for new investors here. I'm slowly accumulating each day. I'm not bothered with any further drops as i'll also buy into them. A completely irrational market. I have a LTH hat on with this share. Fortune favours the brave...
GLA
Well done. Also with AJ Bell. Must have tried over 100 times for a quote, but couldn't buy a sausage whilst the price was below 10.5p
MM's playing games to pick up shares.
Thanks RichKen,
That's a lot of income streams and lots of upside with the BE side of BMN which is great to hear. I have another question for you if you don't mind.
If we put the SP drop from 20p to 10p down to the market panic/coronavirus, what's your take on the 12 month (ish) period prior to this where the SP has dropped from 48p? Is this due to a reduction in the V price or something else? I have read that some posters think an II is selling their holding which has driven this down. Some LTH's have commented on large number single item share sales recently which might support this viewpoint.
Any thoughts?
regards
SD
Thanks RK,
A very informative post. One which I enjoyed reading, so thank you.
If you wouldn't mind me probing for a little more detail please. I understand the 5 year 5Billion MCap is a projected figure from the 2 BMN revenue streams. Do you have any figures you can share for the projected growth to this level so I can fully get my head around this?
Thanks
SD
A sea of blue with the trades this morning. A handful of sells vs a page full of buys. Includes a 24K buy at a premium! SP ticking up. I suspect the excellent morning commentary on this opportunity by the LTH's has helped some PI's come on board...
I've been watching on the sidelines for a while and researching the fundamentals of the company. IMHO it's been oversold, pushed down by a seller who looks like they are probably out (TR1 within 48hrs perhaps). The FTSE drop/panic today has taken this to new lows and triggered a load of PI stop losses looking at the morning sales. This afternoon has mostly been buys as individuals see the value of the business and the great opportunity to buy in for such a low SP.
I think this is a fantastic opportunity to get on board.
GLA
Well done graham;
Enough information released in the RNS to provide stability to the share price and provide data for solid company valuation. More information no doubt to be released which will only add to the SP. Another poster mentioned yesterday that they'd prefer a slow drip feed of information to support a sustained SP rise. I think this is his strategy.
I’d like to move more of my portfolio into shares that are likely to grow or be protected within the market as a result of covid 19.
Any thoughts apart from ncyt which I already have?
TIA