Member Info for smalltrader

I just realised that I didn't say congrats to Halfbutt as well for the top ups done and good luck to all the holders here.

wasn't looking at IMM since last 2 weeks and very quickly this moved from 9p to 15p! very nice!

Scored, your top up at around 7p has doubled now! Congrats!
myself still not topped up here. avg 16p. I was busy trading NCYT and made some money there and sold out of NCYT today as it seems like it is losing the steam. I may be wrong!

Re IMM, with few trades (57 as per LSE), SP is up 7%! Now imagine a bombastic news here! Very quickly it will move to 30p but we don't know when that news will arrive? Any thoughts on what could be the next news here? and when it could arrive? FDA meeting minutes for trial design? or news related to COVID19? If it is second one then 30p in one day!

looks like holdings reduced? previous RNS showed that their holding reduced from 9% to 7% and today to 5%!

I think better to wait tomorrow to do the top up as incase if there is no RNS tomorrow morning then more people can sell. Once the RNS lands, all the peeps will jump back in buying at higher prices. My avg is 245p and still holding. RNS most likely on Friday this week.

On Monday look at WORX, on sales update it rose by 455%!!!
RNS here will easily lead to minimum 40% rise!!! It will be more difficult to get in after the news. Expect news to land anytime. There is lots of news pending!

Novacyt is one of three companies supplying UK, Roche ($275b) and likely Thermo Fisher ($120b).
Not that a comparison should be made against their businesses or valuations. Just highlights what a mino they are and how well they are doing.

Last year sales were of £14.5m.

This year have sold £17. 8m COVID tests and currently have capacity to sell approx £40m a month.

Hold enough materials to sell approx £180m of tests.

Could easily have sales of £300m (approx £220 booked) which would equate to around £1.5b value.

If they can double the capacity (up by x20 since Feb) they could be valued at £3B!!! Work out the share price!

Solley1, when did SP go to 78 from 54? I was keeping a close eye on this since last 2 weeks.

just checking back again here...I expected BT to be at 130 at this time considering it is not impacted by CV as ppl need BT services and demand for its services is high. Again even SP of supermarkets have not gone up either so I think it is due to negative sentiment overall on every sector because of CV I guess.

Also we haven't still seen any news about dividend slash by BT yet right? Along with other companies, BT should have slashed dividend but not? If not then I don't think dividend is going to be cut for this year? With divi in place, I guess big II's will start loading up here while they adjust their portfolios from this new tax year?

bloody ridiculous buys more than sells and still down....I think some big shorting is going on behind the scenes...remember with all the bad news SP still went up to 69p from 52p on results day weeks back? we should see 60p...when it is blue in the overall market, SP jumps by 5p easily. next week we should see SP in blue...let's see. ATB

still hanging holding ENQ and I think ENQ can easily see this CV-19 crisis. Everyone is hoping that lock down will not last long and Trump wants to open the economy by Easter. Once all the world is back to its feet, there should be change in oil prices too. I think OPEC and Russia did not cut their production despite CV19 crisis because there is no demand for oil anways due to CV19 so oil prices will drop despite the production is reduced. Once the CV19 crisis is over, I think OPEC will then go for production cut to improve oil price as demand rises as soon as world is on its feet.

Govts will change the strategy from lockdown to getting immune to CV19 after 21 days. Hopefully drugs will also be available to treat CV19.

So am hoping that ENQ will easily see this storm and since many predict 2021 will see higher oil prices so ENQ will be back to our favourite 30p by then! Just stop looking at the daily share price movement. I made a top up at 8.16p and will now just wait until 2021.

On another note, I see value in buying US stocks than UK. Trump is there to ensure to take their economy back to what it was CV19. Plenty of opportunities there in every sector. I bought United Airlines last week and now looking to buy others like Tesla, Disney, Facebook etc.

looks to be a good update.

Some highlights -

1) There are no further repayments of the Group's senior credit facility due in 2020, with the facility maturing in October 2021

2) breakeven targeted at c.$38/Boe in 2020 and $35/Boe in 2021 whereas Premier's 2020 cash flow breakeven price is just under $50/bbl

Just need to wait for oil to go up.

Hello SAS, this is a long term hold for me as there is lot of news to come in next 1-2yrs. I did a top up in ENQ as even that is at around 8p and I need to bring avg down over there. I'm not worried here. This will rise again at some point.

I followed the advise of not to put too many eggs in one basket and now I have around 8 stocks in RED and all are 50% down and am struggling which one to avg down :-(

not worried about LLOY, BT.A and ITV although did small top ups over there this week and last week. I have BPC and GGP too and not heavy into these two but still down.

So if I was into just one or two stock, it would have been much easier to avg down.

Btw, am a vegetarian. I don't eat meat at all but eat fish sometimes and I hate those chinese guys who eat anything that moves! But they won't give up their eating habits...anyways GL..back to day job now...

SAS, I will join you and will do a small top up tomorrow. GL

do you not see why they are banning short selling now in this crisis? If you ban it forever then stock market will become the favourite place for every tom, dick harry to keep the money instead of putting it in the bank? May be bit exaggerated it but can happen....

why not ban short selling forever? can anyone enlighten me why it cannot be done?

Never understood how the spread widens or when it reduces? More buys would reduce the gap?

MasterRSI, still watching this space? Any thoughts on the spread?

Hi SAS, yes just hold tight. Ppl who invested here should understand that CV19 will not have impact on IMM. We are still no way near patient recruitment. Recruitment may delay now due to CV19 but first trial design needs to be agreed with FDA so no impact on IMM currently due to CV19. It would have been a big jolt had we started the trial and the stats can get screwed up if the patients catch CV19. So we should should be glad that we haven't recruited any patients yet and today's situation should give IMM to plan the strategy properly.

Net net, CV19 or the other market reactions should not have any pact on IMM so anyone who invested should just hold tight and wait for the further communication from IMM. May be a RNS to give assurance about CV19 impact would be nice?

did he invest any amount at all into BPC? Did not see any director declaration so far...back in Nov 2019, they said directors would buy upto 250K if the open offer at 2p is not fully subscribed. I may have missed about the director declaration in one of the RNS. Does any one know if SP or other board directors bought any? would be good if they can put money as well.

still holding with a big paper loss but can wait even if it takes October to drill...

I thought IMM is immune to wider market reaction but looks like some got bit jittery and selling it here to move the money elsewhere...still holding here at 16p avg...may be time to bring avg down now!

bloody carnage everywhere...feels like everything will go to 1p! and I hate those algo trades...those algo bots are manipulating the price and taking it down every day I think...just need to switch off and come back in 6 months time instead of seeing the prices going down every day....

this time Trump need to come to the table with OPEC and Russia to do a deal to cut the production. Why not these majors come together and agree a price for oil that is sustainable for everyone? No one is benefitting with $30 oil. If I go to Tesco, the price came down by 4p may be but they wouldnt take it down below £1 even if oil stays at $20 so no one is benefitting.

But the head strong Trumpy will not be bothered to cut the production.

Russia claiming that they can live with $20-$30 oil for next 5yrs but they will change their stance soon. They are shameless bastards.

Next thing that can happen is bomb US oil storage facilities or bomb another oil producing country and blame IRAN for that?

I don't think ENQ is going to bust. Once the end of year results are out, AB will start buying again?