Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
You never know troublesome. Nothing is written in stone.
I just wanted to tell the critic that charts may not work all the time but they CAN often predict market sentiment, certainly as far the IIs are concerned. And, if IIs start selling, the rest usually follow.
And that it WAS posted here, long before anyone expected.
SeethreelPO
In the week ending Friday 12/3/21 I posted on this board that we are dangerously close to "Death Cross" and that we would probably cross next week, which we did the following Wed 17/3/21 (sp 710). Interestingly, it was the day that NCYT released the RNS about Versalab and I did wonder if the timing was to stop the slide.
Unfortunately, that RNS only stopped the slide for 2 days. We've had 16 working days since then and we're on sp 398.60
I expected a slower slide to this, but no-one expected the news about the dispute. I did send the link for people to see for themselves, so if you didn't see it, here it is:
https://www.investopedia.com/ask/answers/013015/why-200-simple-moving-average-sma-so-common-traders-and-analysts.asp
VanV
Have you taken up Porky's mantel now?
B2HSL
Very funny. Although I don't agree that EVERY politician is as he described. I can't help thinking that's true of SOME. Could he have been a fan of Steve Bell?
https://www.theguardian.com/commentisfree/picture/2021/mar/24/steve-bell-on-the-irresponsible-diversion-of-a-covid-inquiry-cartoon
Jackin36
Apologies for the typo
troublesome
Thank you for pointing it out
Jachin36
What a lovely post.
It's encouraging to see that it was recommended by 22 people.
Clearly many people here respect you, even though you don't go looking for it.
WishIKnew2020
You're very welcome. Have a great Sunday.
B2HS2L
Yes, and as I pointed out at the time, we actually paid for ODDO's report which took yet another slingshot at our sp.
All the dots join, if you want to see them.
Even if the work is not invoiced, it has to be accrued. Otherwise, it would be a 'material' misrepresentation of accounts. Revenue recognition is one of the most important parts of the audit. Even if the auditors don't notice, someone else might. NCYT would then have to restate the accounts. Not to mention the trouble they'd have with the HMRC for understating their corp tax...
ATISHA,
Some people's only break from drudgery is a one or two week holiday once a year, somewhere where sunny weather can be guaranteed. Unfortunately, they don't have the same guarantee here.
Kitzie,
I wouldn't mind travelling if I had been vaccinated with Pfizer. It's been shown time and again to be at the top of its game, including with variants. I know it's not 100% but it's close enough for me.
I wouldn't want to accept travelers who've been vaccinated with Astra (or other brands for that matter) until they can up their game with regard to variants.
Porky,
I agree. My point was about travel only - that a lot of countries wouldn't accept Aztra vaccination certificates as eligibility for entry into their countries because it only has 67% protection from variants, whereas they would accept Pfizer. So, people who've been vaccinated by Aztra would probably need a PCR certificate.
Porky,
This is what I was referring to when I made my comment about Astra vaccine not being acceptable to other countries (had totally forgotten about the blood clots).
It's been shown that the Pfizer vaccine has 98% efficacy towards the known variances.
donnodertrader,
Yes, sorry. It's about blood clot. Thanks for the reminder. Got a bit over-excited there!
Mikesilver,
That's a huge difference. But it's also typical. We always pay more here for most things - food, property, alcohol...
Porky,
Don't get so angry. People WILL fly out and will have to pay the price, whether they like it or not. The main point is that most countries require proof of vaccination or PCR test results (rather than LFT which this government likes so much). So, the vaccine proof is the main problem for us with regard to income from the travel industry. It has also been cited as one of the main causes of the drop in sp for diagnostic companies.
On the 'bright' side, Astra vaccine is not credited by many countries now. So, they will probably require PCR test results from those vaccinated by Astra.
And, the price of PCR will drop once enough people have used it to pay for the R&D.
Glad to see you're not against ALL banter. Totally agree with you re. drunk, rowdy tourists.
Sorry, in line 5, I meant to say the 'first company waited...'
neilrich3,
Potentially more than one company interested in NCYT.....do love a bidding war!
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I forgot to mention that it doesn't always work. Recently, a certain company got an offer from a giant US conglomerate. The shareholders rejected the offer, asking for more. The sp shot up, making the company more expensive. As shareholder waited for the US company to increase its offer, another US conglomerate made a slightly better offer. The company thought that the first company would now make a bigger offer and a bidding war would ensue. But, the second company waited till the end of the deadline before saying that they wouldn't pay more, sighting irregularities in the company's PAYE declarations. This could have put off the second company , with SH's rushing to sell the now over-priced shares. Luckily the second company wasn't put off and their offer was accepted straightaway, without any more grumbling from the shareholders.
neilrich3,
That would be the cherry on top.
Quite often when one party approaches, another one who's been considering an approach but pussy-footing about it, suddenly realizes that they might miss their chance and quickly come forward.
The company looks more attractive too, for both parties, since the company now has two suitors - a bit like relationship - people often want to go out with someone who has other options.
neilrich3,
Normally they wouldn't quit their jobs and get employed by the the potential acquisition. Jointly working for both companies is much more of a modus operandi.
However, he could very well be in a very good position to advice Siemens (since he's had such a long relationship with them, building contacts and trust) that Nova would be a good acquisition to consider.
It would be good for him too as he would reap the benefits from both ends, as he could get commission from Siemens for the introduction and a hefty bonus from Nova.
So, in this way, a Siemens' takeover would very much be in the frame.