Member Info for Soder

One question we should all ask and force a response to is:

In light of current M&A in the diagnostics sector do management and the board agree that our valuation places us as a potential acquisition target? Indeed, can management confirm if you have ever received any inbound enquiry with regards to M&A? Lastly, If management can’t get the share price to a level which reflects ncyt fundamental value do you agree that a strategic review should be undertaken with the possibility that the business is placed for sale in order to maximise shareholder value.

What a load of financially illiterate drivel.

If you want to start talking about relative valuation you surely have to be able to tell us why harbour is expensive versus BP instead of just looking at a move in SP? HBR is trading at just over 2x next year ebitda. BP is over 4x. How cheap do you want hbr to get before you think it’s cheap. Here is a task for you. Find me a company/stock in any market, anywhere is the world that is forecast FCF positive to the tune of 1bn for 2022 and trades at between 2-3x ebitda. You can’t!

Oil was down with markets yesterday due to the adp print. Experience tells me that is not always a good barometer for Fridays non farm payroll. Jobs is an odd one at moment and people will have to start to look through the headline data. Companies are trying to hire and job openings are there but either people are on furlough (U.K.), have left the workforce perm (retired) or temporary (just chilling until pandemic passes) or there is some other rain compared isa struggling to hire.

Us rates selling off hard last 1-2 months but was a seriously crowded trade. I think a decent portion of the sell off is the the unwind as maybe rates won’t rise as soon as people though and the feb was right that inflation will be transitory.

Why the need for a contract? Who would a contract be from? We just make sales. Why do those sales hve to be a contract? There is v little centralised procurement of testing now. It’s all just done with existing suppliers via non contractual sales in both private and public sectors.

The fact we are the only oil stock up on a day others are big down and oil is big down should tell you all you need to know.

Let’s just take a single ftse tracker etf. . 2.8bn in size with 251 companies in it. It’s a big deal as they have to buy proportionate share to match hbr index weighting.

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-250-ucits-etf-gbp-distributing/overview

You can get that from the company presentations.

The assumption that every investor is a seller when a lock up ends is stupid. People were equity invests in chrysaor pre this. And they are smart people. They dont sell stock At half price unless they need the cash for fund outflows etc. Given these are not traditional funds why would they sell? To do what with the money? Swim in it? Count it? Throw a party?

If Novacyt needed a buyer for its products why did we not just rent some warehouse space ourselves and kit it out with a load of q machines. Set up a website. And offer travel and private pcr and LFT tests.

Many of the testing providers are recent start ups. Take biograd as an example. We could even have used our very own versalab. We could have been vertically integrated very very easily and very quickly and cut out the middle min (the test providing company).

Why have we not done this? I would suggest it’s because we have not needed to due to huge demand for our products from the test providers anyway.

As a voyeur only unfortunately

These are US/FDA emergency use only. Nothing to do with U.K.?! Or am I missing something.

Harbour Energy (UK, BMBVGQ3) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index.

Why is it a rant? That’s the problem here. GM and Novacyt management board are appointed BY the shareholders, FOR the shareholders. The business does not belong to GM. It’s is a listed entity and he should be held accountable to shareholders who are his ultimate boss. Maybe that’s why he has been fired or is jumping ship. Maybe he can’t handle being the captain of a listed entity where scrutiny is public and visible.

MarcelKrel. Tullow has a lot of street analyst coverage actually. It’s just most of them are sell or hold recommendations.

The refi was great as it dug them out a hole. But having to refi $1.8bn to of debt with a 10.25 percent coupon for 5 years is really not great for shareholders. They also have 800m of 7% bonds maturing in 2025.

So excluding any cost of debt from drawn bank rcf/RBL debt their annual CASH interest bill is $240.5m. That’s dead money out the door every year. On that basis tullow is run for bond holders and not shareholders. Which is why they are dragging feet on Guyana.

Here is the full list of coverage with current price targets

Berenberg buy 125p
Hannah & Partners 112p
Stifel buy 91p
Peel hunt buy 100p
SP Angel strong buy 110p
Finncap buy 110p

Here is my thought. Did you hear they invented the wheel?

Last weeks news is this weeks chip wrapper.

So what you are saying is that you are an attention seeker? If you want a friend, get a dog. This is a Novacyt chat board not the Samaritans and not a dating site.

I agree with the OP. Testing is over. I can’t see any reason why national governments and scientific advisors would need to keep testing in place as we approach the end of the northern hemisphere summer. I mean, it’s not like last year at all now. You remember that, right?

When cases in summer were non existent and then the whole northern hemisphere had to lockdown again as the weather turned cooler, the nights get longer, it became much damper, and as such was prime virus breading conditions.

It’s not like there was no flu season last year because were essentially locked up from November to March. It’s not like GOVERNMENT scientists are already warning over a terrible flu season and the ONLY way to distinguish between flu A, flu B, RSV and COVID is via PCR test. I am sure the government has no issues in being caught with their pants down for a second winter in a row. Especially as lockdowns have ended and we are all out and about. The government know the public will be so forgiving if they **** this up again and we all end up back in lockdown.

And re mutations. The government and the people know that the best way to stop a virus mutating and being carried by your citizens into the country (because air travel has now resumed) is by sticking 3 weatabix up your ass. Yes indeedy. No need to track those mutations with bioinformatics anymore now Kellogg’s are on the job.

And vaccinations now mean it’s all over anyway. No one who has been double jabbed has contracted the virus or ended up in hospital. No one. And best of all the virus manufacturers have come out and said that their jabs give 100 percent life time immunity. Guaranteed. As such will be no need to test immune response over the next few years amongst populations. And those populations who have not even had any vaccines yet, well no one cares about them do they. The most important thing is 52m brits have had the jab.

Yep people. Testing is over.

670k was total number of tests. If you then click on test by type you can see pcr tests were 235k out of 699k capacity.

The balance will be lateral flow.

Also remember though this is just government data. I would suggest a huge chunk of pcr is now private sector given travel.

Maybe harchris but personally I no longer wear one… for no other reason than I don’t want to. Does that make me selfish? Maybe. But forcing people to wear one when they don’t want to is not selfish then? Agree it’s about consideration of others but I’m at the point where I feel it’s time to put me and my family first. if people do co to ur to wear them (and so so many are) to maybe protect themselves that’s great but it’s got to be about free choice now.

And for that reason I think testing will be around for much longer than I personally ever expected.

I dont think people have been convinced at all. I think people just want to be treated as adults that know the risks and can make THEIR OWN de idioms around them. Wr have to get on with our lives. Life is not a longevity contest. We will never get zero covid.

Thanks :)

A Friday Red is this most autumnal of summers sounds like a great plan.

Up the Novacyt.

I know this is massively hypercritical of me calling you out for starting needless threads by…starting a needless thread but I am loosing my mind at your inability to figure out how to use this most basic of website forums. I am not sure if you have seen my previous comments in the several needless threads you have started so I am posting you a special thread in the hope you can help soothe my OCD.

Can you PLEASE start using the Nobbing REPLY button when you respond to a message rather than the BIG BLUE POST MESSAGE button.

The REPLY button is located at the end of the thread you are reading and responding to. It’s is RED letters and looks like “Reply >”. If you use this button you dont start a new thread every time you make a comment and your response will be attached to the original comment/thread. You had a situation this morning when you were starting new threads replying to you own threads. For someone like me with ocd and probably on some spectrum your inability to find that reply button is like torture. I’m literally losing the will to live when I log on here and see the top 5 threads are just responses you have made to other threads. Please help me. Much love.