Member Info for Soder

Cash out stop losses are for pussies

You got one

This will be up massive today

$200m valuation for just that single 100 % owned subsidiary.

Current mkt cap £110m.

This is gonna Fly.

Lycra and Hugo on board. Multi multi Baggerover next few years.

Comparing joules, a mid to high end, largely bricks and mortar, high street brand that sells yummy mommys wellies and gilets for her kids hugo and kitty in Henley on Thames with boohoo is like comparing a an apple with a goat.

Keep buying. Now at 1,250,250. That’s an add of 195,250 shares and they now own 1.77% of the co

The SP does not reflect the true value of the company?

It’s does not reflect ANY value of the company. The sp reflects a cash shell with no innovation, no IP, no products, no sales, no visions, no staff, no leadership, no market presence, no distribution, no brand, no office, no fixture or fittings, no working capital, nothing apart from the cold hard cash it holds in its bank account etc etc

In Canada you get a 5 min trading halt if the price moves 10% in a 5 min period. You also get freeze limits which are not publicly communicated but will halt trading if executing an order would cause the share price to move through that freeze limit. During the halt the trader or brokerage is contacted to make sure the order is correct.

That’s a good thing though that he is already underwater as now he should realise he has to be better and slicker with his communication. Onwards and (hopefully) upwards.

Could be. Also would think maybe a working capital unwind as we built up stock ahead of Winter and as was sold it released cash

I doubt it. The rns mentioned m&a and so did almond in his interview.

Hypothetic acquisition.

Use all our cash to buy biz that makes 10m ebitda for 10x ev ebitda = 100m. Make 5m of synergies from the acquisition and the pro forma combined biz with Novacyt for 2022 would be what? Maybe 18 + 10 + 5= 33m ebitda?

Would a biz with 33m ebitda trade at 130m enterprise value. Nope. It would trade much higher.

This is what I am getting it. People are assuming that we just put that cash in a skip and burn it. It’s has HUGE optionality value. Most business would die for it!!! And should produce huge IRRs for the company.

I sold half on last spike around 400p (before it touched 500p) which was about 20 percent down. I just put that back in so averaging down. I do that with confidence cos I know what I am doing. I dont need your sympathy or concern for losses. I do pretty well in this game due to the fact that I can’t take money out of your pocket and put it in mine. How’s that chart looking?

Yes. Cos a large portion of the 70.6m shares Novacyt has outstanding are held by complete buffoons who started day trading during covid but have absolutely no clue how to invest or value a business. They herd invest and buy themes but have no clue how a share price is linked to fundamental intrinsic value. So they see a headline and go with the herd as they know no different. They can’t take a contrarian view as they have no ability to connect the dots and value the biz.

As such they sell and go buy crypto which is also a herding toy for pump and dump morons.

This company. At the price and valuation. It’s free money.

I should add here for the uneducated…

Enterprise value = mkt cap minus cash

It’s the ONLY way to get an apples for apples comparison for valuation. Mkt cap is ****ing irrelevant.

Newbee you absolute dip **** it was 10p as it had net debt of 8m at the end of 2019. Are you a total ****ing moron? We just spent the last 2 years making ONE HUNDRED AND ONE MILLION of cold hard CASH. We own that cash. It’s in our bank account.

Does your chart tell you that we are going to
Put that cash in a skip and BURN it? As it’s there. It’s real. And the share price is irrelevant as mkt cap and share price make no adjustment for cash on balance sheet. You need to look at enterprise value.

Show me one. I’ll wait. Give me the name of one of these many biotechs trading below cash value and thus in negative equity. I’ll wait.

Show me a single company trading below cash value. I’ll wait.

End of 2017…
Mkt cap 26m
Net cash 0.5m
Enterprise value 25.5m
Sales 15m
Ebitda -0.6m

Today…
Mkt cap 134m
Net cash 101m
Enterprise value 33m
Sales 96m
Ebitda 36m

Enterprise value is what you should look at as it adjust for cash!!!!!!

So this business is now worth 7.5m more than we were in 2017.

If you didnt laugh you would cry.

Gift. Horse. Mouth.

Bye bye spivvy financially illiterate dream chasers. Sellsell sell and move on.

Thats not fate. That logic. That’s common sense. Only a total dip **** thinks 10 quid is worth £7.77 cos it’s held by ncyt

Newbee at 110p….

Ncyt have 70.6m shares outstanding. Therefore the mkt cap at 110p would be 77.66m

Do you think that a company with 101m of cash can be worth less than the value of the cash it has on its balance sheet to the tune of 23m.

Me thinks you don’t have a ticking clue what you are on about. Do you?

A pound is worth…..a pound. What you suggest is that a pound held by Novacyt is worth 77p.

Even if you do t like Novacyt is there cash not worth the same as everyone else cash?

The absolute floor here is the cash value the company has. At the moment that is 101m. That equates to a share price of 1.43. So not far from where we are.

Gift. Horse. Face.